Global $1.39 Bn Direct-Fed Microbials Market, 2022 By Type, Livestock, Form, Regions

The global direct-fed microbials (DFM) market was USD 934.5 Million in 2016 and projected to reach USD 1,399.6 Million by 2022, at a CAGR of 6.96% during the forecasted period

Direct fed microbials are gaining importance as they play a vital role in improving feed digestibility, cost reduction, nutrient absorption, and better performance. Probiotics is another name for this class of feed additives.They are achieving popularity as they are replacing antibiotics for improved health and performance of livestock, giving this sector immense potential for growth in the next six years. The main consequence of feed supplementation is improved nutrient utilization and supply to animals, this is projected drive the demand for direct-fed microbial products.

Lactic acid bacteria are gaining high popularity in the direct-fed microbials (DFM) market across the world, the demand for lactic acid bacteria used in feed for animal health and nutrition have been contributing to the growth in the market. Lactic acid bacteria are more convenient to use, owing to their ease in application. They are the most widely used direct-fed microbials and hence, the lactic acid bacteria segment is projected to be the fastest-growing for the next six years.

Due to recent outbreaks of diseases such as avian influenza or avian flu, and foot & mouth disease, the meat market in North America, especially in the U.S., has become cautious about food safety and quality. With the ban on the use of feed antibiotics as growth promoters, the direct-fed microbials (DFM) market in North America has grown. Livestock has dependably been an important industry in the North American agriculture sector and shows a positive future outlook, because of expanding meat exports and also rising utilization inside the country. Canada has the advantage of lower feed cost because of the little biofuel industry, which permits more grain contribution to domesticated livestock breeding.

Role of direct-fed microbials in poultry includes altering the metabolism by enhancing digestive enzyme activity, maintaining normal intestinal microflora, and reducing bacterial enzyme activity and ammonia production. They improve feed intake and digestion, neutralize enterotoxins, and stimulate the immune system. Such benefits are driving the demand for direct-microbials in the poultry sector. The continuous rise in the population has also resulted in an increase in the demand for food and the necessity for direct-fed microbials, to increase meat and milk production in a sustainable manner.

A decline in the usage of anti-infection growth promoters across the globe is driving the sales of direct-fed microbials. Factors such as, high cost of direct-feed microbials and low shelf life are prompting an ascent in the cost of production and limiting the development of the market.

The European Union was the first to impose a ban on the use of antibiotics for promoting growth in animals. This has led Europe to become the fastest-growing market for direct-fed microbials, which are widely used as an alternative. The increasing instances of bans on antibiotics in other parts of the world have also further fueled market growth, with North America now being the largest market for direct-fed microbials.

Key Topics Covered:

1. Methodology

2. Executive Summary

3. Market Overview

4. Global Direct Fed Microbials market Segmentation, Forecasts and Trends - By Revenue

5. By Type

6. By Livestock

7. By Form

8. By Region

9. Vendor Market share Analysis

10. Company Profiles

11. Industry Structure

For more information about this report visit https://www.researchandmarkets.com/research/l664ck/global_directfed

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