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Direct Fed Microbials Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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    Report

  • 150 Pages
  • October 2023
  • Region: Global
  • IMARC Group
  • ID: 5656514
The global direct fed microbials market size reached US$ 1.3 Billion in 2022. Looking forward, the analyst expects the market to reach US$ 1.8 Billion by 2028, exhibiting a growth rate (CAGR) of 6% during 2023-2028.

Direct-fed microbials (DFMs) are feed supplements that contain live and naturally occurring bacteria to improve the health and productivity of animals. They lower the pH, reduce enteric pathogens, and stimulate intestinal cell proliferation, which maintains the gut integrity of animals. They detoxify undesirable compounds, such as lactic acid and mycotoxins, to boost the immune system. They also help provide microbial balance in the digestive tract by producing high levels of beneficial enzymes, such as alpha amylase, cellulase, and protease. At present, there is a rise in the demand for DFMs due to the growing prevalence of different diseases among animals across the globe.

Direct Fed Microbials Market Trends:

The rising demand for poultry meat due to its high protein content, along with the growing livestock population around the world, represents one of the key factors driving the market. Besides this, the increasing awareness among the masses about the benefits of DFMs, such as enhancing metabolism, maintaining microbial flora in the intestine, ammonia production, and neutralizing enterotoxin, is offering lucrative growth opportunities to industry investors. Moreover, there is an increase in the replacement of antibiotic growth promoters with direct-fed microbials to reduce the risk of transmitting drug-resistant bacteria to humans. This, along with the burgeoning livestock industry, is contributing to the growth of the market. In addition, key market players are extensively investing in research and development (R&D) activities to introduce blockchain and the internet of things (IoT) technologies for managing the procurement, processing, and distribution of DFM products effectively. They are also focusing on various marketing strategies to expand their market reach. Apart from this, the rising utilization of DFMs to reduce the mortality rate of animals due to clostridial, diarrhea, and gastrointestinal diseases is bolstering the growth of the market.

Key Market Segmentation

The report provides an analysis of the key trends in each sub-segment of the global direct fed microbials market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, livestock and form.

Breakup by Product Type:

  • Lactic Acid Bacteria
  • Bacillus
  • Others

Breakup by Livestock:

  • Swine
  • Poultry
  • Ruminants
  • Aquatic Animals
  • Others

Breakup by Form:

  • Dry
  • Liquid

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players being BASF SE, Alltech, American Biosystems Inc, Bayer AG, Bio-Vet, Cargill Incorporated, Chr. Hansen A/S (Chr Hansen Holding A/S), DuPont de Nemours Inc., Kemin Industries, Koninklijke DSM N.V., Lallemand Inc., Novozymes A/S (Novo Holdings A/S) and Novus International Inc. (Mitsui & Co. Ltd).

Key Questions Answered in This Report:

  • How has the global direct fed microbials market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global direct fed microbials market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the livestock?
  • What is the breakup of the market based on the form?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global direct fed microbials market and who are the key players?
  • What is the degree of competition in the industry?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Direct Fed Microbials Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Lactic Acid Bacteria
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Bacillus
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Others
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Livestock
7.1 Swine
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Poultry
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Ruminants
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Aquatic Animals
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Form
8.1 Dry
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Liquid
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 BASF SE
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Alltech
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 American Biosystems Inc
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Bayer AG
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Bio-Vet
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Cargill Incorporated
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Chr. Hansen A/S (Chr Hansen Holding A/S)
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 DuPont de Nemours Inc.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Kemin Industries
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Koninklijke DSM N.V.
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 Lallemand Inc.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12 Novozymes A/S (Novo Holdings A/S)
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.13 Novus International Inc. (Mitsui & Co. Ltd)
14.3.13.1 Company Overview
14.3.13.2 Product Portfolio
List of Figures
Figure 1: Global: Direct Fed Microbials Market: Major Drivers and Challenges
Figure 2: Global: Direct Fed Microbials Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Direct Fed Microbials Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Direct Fed Microbials Market: Breakup by Product Type (in %), 2022
Figure 5: Global: Direct Fed Microbials Market: Breakup by Livestock (in %), 2022
Figure 6: Global: Direct Fed Microbials Market: Breakup by Form (in %), 2022
Figure 7: Global: Direct Fed Microbials Market: Breakup by Region (in %), 2022
Figure 8: Global: Direct Fed Microbials (Lactic Acid Bacteria) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Direct Fed Microbials (Lactic Acid Bacteria) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Direct Fed Microbials (Bacillus) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Direct Fed Microbials (Bacillus) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Direct Fed Microbials (Other Product Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Direct Fed Microbials (Other Product Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Direct Fed Microbials (Swine) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Direct Fed Microbials (Swine) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Direct Fed Microbials (Poultry) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Direct Fed Microbials (Poultry) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Direct Fed Microbials (Ruminants) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Direct Fed Microbials (Ruminants) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Direct Fed Microbials (Aquatic Animals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Direct Fed Microbials (Aquatic Animals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Direct Fed Microbials (Other Livestocks) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Direct Fed Microbials (Other Livestocks) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Direct Fed Microbials (Dry) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Direct Fed Microbials (Dry) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Direct Fed Microbials (Liquid) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Direct Fed Microbials (Liquid) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: North America: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: North America: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: United States: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: United States: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Canada: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Canada: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Asia-Pacific: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Asia-Pacific: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: China: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: China: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Japan: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Japan: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: India: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: India: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: South Korea: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: South Korea: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Australia: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Australia: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Indonesia: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Indonesia: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Others: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Others: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Europe: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Europe: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Germany: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Germany: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: France: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: France: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: United Kingdom: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: United Kingdom: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Italy: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Italy: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Spain: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Spain: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Russia: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Russia: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Others: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Others: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Latin America: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Latin America: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Brazil: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Brazil: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Mexico: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Mexico: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Others: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Others: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Middle East and Africa: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Middle East and Africa: Direct Fed Microbials Market: Breakup by Country (in %), 2022
Figure 76: Middle East and Africa: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Global: Direct Fed Microbials Industry: SWOT Analysis
Figure 78: Global: Direct Fed Microbials Industry: Value Chain Analysis
Figure 79: Global: Direct Fed Microbials Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Direct Fed Microbials Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Direct Fed Microbials Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
Table 3: Global: Direct Fed Microbials Market Forecast: Breakup by Livestock (in Million US$), 2023-2028
Table 4: Global: Direct Fed Microbials Market Forecast: Breakup by Form (in Million US$), 2023-2028
Table 5: Global: Direct Fed Microbials Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Direct Fed Microbials Market: Competitive Structure
Table 7: Global: Direct Fed Microbials Market: Key Players

Companies Mentioned

  • BASF SE
  • Alltech
  • American Biosystems Inc
  • Bayer AG
  • Bio-Vet
  • Cargill Incorporated
  • Chr. Hansen A/S (Chr Hansen Holding A/S)
  • DuPont de Nemours Inc.
  • Kemin Industries
  • Koninklijke DSM N.V.
  • Lallemand Inc.
  • Novozymes A/S (Novo Holdings A/S)
  • Novus International Inc. (Mitsui & Co. Ltd)

Methodology

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Table Information