Direct Fed Microbials (DFM) Market Size, Share, Trends, Demand And Forecast To 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Direct Fed Microbials (DFM) Market Size, Growth Rate, And Forecast:
The global direct-fed microbials (DFMs) market size is expected to grow from $1.16 billion in 2022 to $1.25 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global direct-fed microbials (DFMs) market size is expected to reach $1.64 billion in 2027 at a CAGR of 6.9%.

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Direct Fed Microbials (DFM) Market Drivers:
An increase in demand for meat and milk consumption is expected to propel the growth of the direct-fed microbial (DFM)market in the coming future. Meat is described as the flesh of animals (including fish and birds) used as food that can be included in a nutritious diet. Milk is a white liquid meal produced by mammals' mammary glands. The increase in meat and milk consumption in developing countries is due to population growth, urbanization, and income growth. The direct fed microbials are used to increase milk output and growth performance of animals which can meet the growing demand for meat and milk consumption.

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Direct Fed Microbials (DFM) Market Segments
•By Type: Bacillus Subtilis, Lactic Acid Bacteria, Bifidobacteria, Streptococcus Thermophilus, Other Bacteria
•By Form: Liquid Form, Dry Form
•By Livestock: Poultry, Swine, Ruminants, Aquatic Animals, Other Livestock
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the direct-fed microbials (dfm) market.

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Direct Fed Microbials (DFM) Market Key Players:
Major competitors in the direct-fed microbials (dfm) market include Lallemand Inc., BIOMIN Holding GmbH, Maxum Foods, ProviCo, Novozymes A/S, Archer Daniels Midland Company, Bio-Vet, Koninklijke DSM N.V., Novus International, Inc., Kemin Industries, Inc., DuPont, Bentoli, Chr. Hansen Holding A/S, Synbio Tech, and All tech Inc.

The Business Research Company's "Global Direct Fed Microbials (DFM) Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.

The Table Of Content For The Direct Fed Microbials (DFM) Market Include:
1. Executive Summary
2. Direct Fed Microbials (DFM) Market Characteristics
3. Direct Fed Microbials (DFM) Market Trends And Strategies
4. Direct Fed Microbials (DFM) Market - Macro Economic Scenario
5. Direct Fed Microbials (DFM) Market Size And Growth
....
26. Africa Direct Fed Microbials (DFM) Market
27. Direct Fed Microbials (DFM) Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Direct Fed Microbials (DFM) Market
29. Direct Fed Microbials (DFM) Market Future Outlook and Potential Analysis
30. Appendix

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