Research and Markets has announced the addition of the "Direct-Fed Microbials Market - Global Forecast to 2022" report to their offering.

The global direct-fed microbials market is projected to reach a value of USD 1,399.6 million by 2022, growing at a CAGR of 6.96% from 2016.

The demand for direct-fed microbials in animal feed is projected to grow during the forecast period owing to the rapidly increasing global demand for quality animal products. The market is influenced by the growing awareness among consumers about preventive healthcare and nutrition. Factors such as low shelf life and high cost of direct-fed microbials are leading to a rise in the cost of production and restraining the growth of the market.

On the basis of type, direct-fed microbials have been segmented into lactic acid bacteria, bacillus, and others which include prevotella bryantii, live beneficial bacteria, and Propionibacterium. Among these, the lactic acid bacteria segment accounted for the largest share in 2015, followed by the bacillus segment. Lactic acid bacteria are widely used for feed of poultry and ruminants, for healthy growth.

On the basis of livestock, the direct-fed microbials market has been segmented into swine, ruminants, poultry, aquatic animals, and others which include equine and pets. The market was led by the poultry segment, followed by ruminants. The 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.

North America formed the largest market for direct-fed microbials in 2015, whereas Europe accounted for the second-largest market share in 2015. The application of direct-fed microbials in animal feed is expected to increase at a faster pace in Europe and the Asia-Pacific region due to the rising demand. The farming techniques used in the region require healthy and strong farm animals; direct-fed microbials help in balancing the digestive systems and enhancing the immunity systems of livestock.

Companies Mentioned:

  • Archer Daniels Midland Company
  • Bio-Vet
  • Biomin Holding GmbH
  • Chr. Hansen Holding A/S
  • E.I. Dupont De Nemours and Company
  • Kemin Industries, Inc.
  • Koninklijke DSM N.V.
  • Lallemand, Inc.
  • Novozymes
  • Novus International, Inc.

Companies Mentioned:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Direct-Fed Microbials Market, By Type

8 Direct-Fed Microbials Market, By Livestock

9 Direct-Fed Microbials Market, By Form

10 Direct-Fed Microbials Market, By Region

11 Competitive Landscape

12 Company Profiles

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