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Direct Fed Microbial Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • July 2024
  • Region: Global
  • Lucintel
  • ID: 5989000

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.

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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

The publisher forecasts that dry is expected to witness 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: The publisher forecasts that dry is expected to witness 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, the publisher provides 10% customization without any additional cost.

This report answers the 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?


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Table of Contents

1. Executive Summary
2. Global Direct Fed Microbial Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Direct Fed Microbial Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Direct Fed Microbial Market by Form
3.3.1: Dry
3.3.2: Liquid
3.3.3: Others
3.4: Global Direct Fed Microbial Market by Livestock
3.4.1: Poultry
3.4.2: Swine
3.4.3: Ruminants
3.4.4: Aquatic animals
3.4.5: Others
3.5: Global Direct Fed Microbial Market by Type
3.5.1: Lactic acid bacteria
3.5.2: Bacillus
3.5.3: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Direct Fed Microbial Market by Region
4.2: North American Direct Fed Microbial Market
4.2.1: North American Direct Fed Microbial Market by Form: Dry, Liquid, and Others
4.2.2: North American Direct Fed Microbial Market by Livestock: Poultry, Swine, Ruminants, Aquatic animals, and Others
4.3: European Direct Fed Microbial Market
4.3.1: European Direct Fed Microbial Market by Form: Dry, Liquid, and Others
4.3.2: European Direct Fed Microbial Market by Livestock: Poultry, Swine, Ruminants, Aquatic animals, and Others
4.4: APAC Direct Fed Microbial Market
4.4.1: APAC Direct Fed Microbial Market by Form: Dry, Liquid, and Others
4.4.2: APAC Direct Fed Microbial Market by Livestock: Poultry, Swine, Ruminants, Aquatic animals, and Others
4.5: ROW Direct Fed Microbial Market
4.5.1: ROW Direct Fed Microbial Market by Form: Dry, Liquid, and Others
4.5.2: ROW Direct Fed Microbial Market by Livestock: Poultry, Swine, Ruminants, Aquatic animals, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Direct Fed Microbial Market by Form
6.1.2: Growth Opportunities for the Global Direct Fed Microbial Market by Livestock
6.1.3: Growth Opportunities for the Global Direct Fed Microbial Market by Type
6.1.4: Growth Opportunities for the Global Direct Fed Microbial Market by Region
6.2: Emerging Trends in the Global Direct Fed Microbial Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Direct Fed Microbial Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Direct Fed Microbial Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Archer Daniels Midland
7.2: E. I. du Pont de Nemours
7.3: Koninklijke DSM
7.4: Novozymes
7.5: Chr. Hansen
7.6: Kemin Industries
7.7: BIOMIN
7.8: Lallemand
7.9: Novus
7.10: Bio-vet

Companies Mentioned

  • Archer Daniels Midland
  • E. I. du Pont de Nemours
  • Koninklijke DSM
  • Novozymes
  • Chr. Hansen
  • Kemin Industries
  • BIOMIN
  • Lallemand
  • Novus
  • Bio-vet

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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