Global Direct Fed Microbial Market Report and Forecast 2024-2032

Global Direct Fed Microbial Market Outlook

The global direct fed microbial market attained a value of about USD 1385.07 million in 2023. The market is further expected to grow at a CAGR of 6.7% during the forecast period of 2024-2032 to reach nearly USD 2473.97 million by 2032.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Rising Demand for DFM for Maintaining Livestock Health is Pushing the Growth of the Market

The global market for direct fed microbial (DFM) is being driven by its rising demand from the animal food industry in order to maintain a healthy food supply for consumers. In addition, as a result of the decline in the usage of antibiotic growth promoters across the world, the robust demand for direct fed microbial is augmenting the growth of the market. A combination of live microorganisms like bacteria, yeast, and fungi are commonly used as feed is DFM for domestic ruminants to improve ruminant productivity, milk production, immunity, digestibility, and to protect the health of the livestock. This is augmenting the growth of the market.

The market growth can further be associated with the ongoing research and development (R&D) to evaluate the potential benefits of DFM for stressed calves. The several conditions like weaning faced by newly produced calves may impact microbial health and the administration of DFM is expected to have a positive impact on the health, thereby stimulating the market growth.

Direct Fed Microbial: Market Segmentation

Direct fed microbial are live, orally supplemented microbial supplements, which are vital for livestock as they help in increasing the digestibility of the feed, enhance nutrition absorption, and improve immunity.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

On the basis of product type, the market can be divided into:

• Lactic Acid Bacteria
• Bacillus
• Others

Based on livestock, the market can be segmented into:

• Swine
• Poultry
• Ruminants
• Aquatic Animals
• Others

The EMR report looks into the regional markets of direct fed microbial like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Rising Concerns Regarding Animal Welfare to Boost the Market Growth of Direct Fed Microbial

The growth in the global market for direct fed microbial is a result of rising human populations and the subsequent rise in global food demand. In addition to this, the demand for protein rich food products amidst health-conscious consumers is further stimulating the demand for DFM for boosting animal produce like milk, eggs, and meat, and hence providing impetus to the market. Moreover, direct fed microbial products like lactic acid bacteria and bacillus, multiplies the nutrient absorption rate by breaking down complex food compounds. This keeps the livestock healthy, which directly boosts animal production and reduces additional costs on animal healthcare, hence a major factor influencing the market growth of DFM. Additionally, the rising concerns regarding animal welfare globally is another  factor providing impetus to the market.

Key Industry Players in the Global Direct Fed Microbial Market

The report presents a detailed analysis of the following key players in the global direct fed microbial market, looking into their capacity, market share, and latest developments like capacity expansions, plant turnabouts and mergers and acquisitions:

• Bio-Vet
• Adisseo
• Archer-Daniels-Midland Company
• Koninklijke DSM N.V.
• Kemin Industries, Inc
• Others

The comprehensive report looks at the micro and macro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of the Porter’s Five Forces Model.

Key Highlights of the Report