Direct Fed Microbial Trends and Forecast
The future of the global direct fed microbial market looks promising with opportunities in the poultry, swine, ruminant, and aquatic animal markets. The global direct fed microbial market is expected to reach an estimated $1.9 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are growing demand for poultry meat, constant increase in livestock population, and rising preference for organic animal product.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Direct Fed Microbial by Segment
The study includes a forecast for the global direct fed microbial by form, livestock, type, and region.
Direct Fed Microbial Market by Form [Shipment Analysis by Value from 2018 to 2030]:
• Dry
• Liquid
• Others
Direct Fed Microbial Market by Livestock [Shipment Analysis by Value from 2018 to 2030]:
• Poultry
• Swine
• Ruminants
• Aquatic Animals
• Others
Direct Fed Microbial Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Lactic Acid Bacteria
• Bacillus
• Others
Direct Fed Microbial Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Direct Fed Microbial Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies direct fed microbial companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the direct fed microbial companies profiled in this report include-
• Archer Daniels Midland
• E. I. du Pont de Nemours
• Koninklijke DSM
• Novozymes
• Chr. Hansen
• Kemin Industries
• BIOMIN
• Lallemand
• Novus
• Bio-vet
Direct Fed Microbial Market Insights
Lucintel forecasts that dry is expected to witness the higher growth over the forecast period.
Within this market, poultry is expected to witness the highest growth over the forecast period.
North America will remain the largest region over the forecast period.
Features of the Global Direct Fed Microbial Market
Market Size Estimates: Direct fed microbial market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Direct fed microbial market size by form, livestock, type, and region in terms of value ($B).
Regional Analysis: Direct fed microbial market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different forms, livestocks, types, and regions for the direct fed microbial market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the direct fed microbial market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the direct fed microbial market size?
Answer: The global direct fed microbial market is expected to reach an estimated $1.9 billion by 2030.
Q2. What is the growth forecast for direct fed microbial market?
Answer: The global direct fed microbial market is expected to grow with a CAGR of 6.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the direct fed microbial market?
Answer: The major drivers for this market are growing demand for poultry meat, constant increase in livestock population, and rising preference for organic animal product.
Q4. What are the major segments for direct fed microbial market?
Answer: The future of the direct fed microbial market looks promising with opportunities in the poultry, swine, ruminant, and aquatic animal markets.
Q5. Who are the key direct fed microbial market companies?
Answer: Some of the key direct fed microbial companies are as follows:
• Archer Daniels Midland
• E. I. du Pont de Nemours
• Koninklijke DSM
• Novozymes
• Chr. Hansen
• Kemin Industries
• BIOMIN
• Lallemand
• Novus
• Bio-vet
Q6. Which direct fed microbial market segment will be the largest in future?
Answer: Lucintel forecasts that dry is expected to witness the higher growth over the forecast period.
Q7. In direct fed microbial market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the direct fed microbial market by form (dry, liquid, and others), livestock (poultry, swine, ruminants, aquatic animals, and others), type (lactic acid bacteria, bacillus, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Direct Fed Microbial Market, Direct Fed Microbial Market Size, Direct Fed Microbial Market Growth, Direct Fed Microbial Market Analysis, Direct Fed Microbial Market Report, Direct Fed Microbial Market Share, Direct Fed Microbial Market Trends, Direct Fed Microbial Market Forecast, Direct Fed Microbial Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.