Global Direct-fed Microbials (DFM) Market
Report Highlights
Global Direct-fed Microbials (DFM) Market
By Livestock (Poultry, Swine, Ruminants), By Type (Bacillus subtilis, Lactic Acid Bacteria, Other Bacteria), By Form (Liquid, dry), By Region (North America, Asia Pacific, Europe, Rest of World).
Market Overview:
The Global Direct-fed Microbials (DFM) Market was valued at USD 930 million in 2016 and is projected to reach USD 1695.4 million by 2025, growing at a CAGR of 6.9% from 2017 to 2025.
These products contain micro-organisms that are used for animal growth. These micro-organisms include bacteria, yeast and others. DFM are available in liquid and dry form. These products feed livestock like poultry, swine and cattle. The DFM market came to importance as it replaced antibiotics for better health of livestocks. Changes in farming practices and growing demand of processed animal feed is the major reason for the growth of this market.
Market Dynamics:
1. Market Drivers
1.1 High rise in global meat consumption.
1.2 More demand for quality animal products.
1.3 High demand for animal protein.
2. Market Restraints
2.1 Varying rules for consumption of bacteria in food and feed.
Market Segmentation:
The Global Direct-fed Microbials (DFM) Market is segmented on the basis of Livestock, Type, Form and Region.
1. By Livestock:
1.1 Poultry
1.2 Swine
1.3 Ruminants
1.4 Aquatic Animals
1.5 Others.
2. By Type:
2.1 Bacillus subtilis
2.1.1 Bacillus licheniformis
2.2 Lactic Acid Bacteria
2.2.1 Lactobacilli
2.2.1.1 Research on Lactobacilli
2.2.2 Bifidobacteria
2.2.2.1 Research on Bifidobacteria
2.2.3 Streptococcus thermophilus
2.3 Other Bacteria
3. By Form:
3.1 Liquid form
3.2 Dry Form.
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Rest of World.
Competitive Landscape:
The major players in the market are as follows:
1. E.I. Dupont De Nemours and Company
2. Novozymes
3. Kemin Industries, Inc
4. Lallemand, Inc.
5. Bio-Vet
6. Archer Daniels Midland Company
7. Koninklijke DSM N.V.
8. Chr. Hansen Holding A/S
9. Biomin Holding GmbH
10. Novus International, Inc
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Global Direct-fed Microbials (DFM) Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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