Direct Fed Microbials Market 2024 Opportunity, Challenge, Drivers, Restraint, Trend, Demand and Global Business Growth by 2031 | ADM Animal Nutrition, Chr. Hansen Holding A/S, Phibro Animal Health Corporation.

DataM Intelligence has released a new research report on the Direct Fed Microbials market. The report provides a detailed analysis of current and emerging trends, offering insights into the market dynamics. It utilizes Porter's Five Forces model to assess key factors such as supplier and customer relationships, risks from various agents, competitive intensity, and opportunities for new entrants. The study also includes research data from various companies, analyzing factors like benefits, gross margins, and strategic decisions in the global market. The report is enriched with tables, charts, and infographics for a clear presentation of the findings.

Global Direct-Fed Microbials Market reached US$ 1,213.2 million in 2023 and is expected to reach US$ 2,122.5 million by 2031, growing with a CAGR of 7.8% during the forecast period 2024-2031.

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The direct fed microbials (DFM) market encompasses the production and distribution of live microorganisms, including probiotics, that are administered directly to livestock and poultry to enhance their health and productivity. These microbial supplements improve gut health, boost immune function, and enhance nutrient absorption, leading to improved growth rates and overall animal performance. The market caters to various animal segments, including cattle, swine, poultry, and aquaculture.

List of the Key Players in the Direct Fed Microbials Market:

ADM Animal Nutrition, Chr. Hansen Holding A/S, Phibro Animal Health Corporation, Kemin Industries, Inc, Novozymes, Bio-Vet, Evonik Industries AG, Adisseo, The Fertrell Company, CALPIS AMERICA

Key Developments:

In January 2023, Danisco Animal Nutrition & Health, a division of IFF, announced that it received approval from the Canadian Food Inspection Agency (CFIA) for Enviva PRO and Syncra SWI. Enviva PRO is a multi-strain viable microbial product (VMP) utilized in over 50 countries, supported by extensive academic research.

In August 2023, researchers from the University of Minnesota College of Veterinary Medicine and the College of Food, Agricultural, and Natural Resource Sciences found that chickens treated with host-specific probiotic strains exhibited better health and productivity compared to those given non-host-specific strains.

On June 9, 2020, Chr. Hansen Holding A/S signed an agreement to acquire UAS Laboratories LLC, a Wisconsin-based B2B firm specializing in clinically proven probiotics, thereby expanding its portfolio in the probiotic market.

Research Process:

Both primary and secondary data sources have been used in the global Direct Fed Microbials Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Segment Covered in the Direct Fed Microbials Market:

By Type: Lactic Acid Bacteria, Bacillus Bacteria, Yeast, Others.

By Form: Dry, Liquid.

By Livestock: Swine, Poultry, Ruminants, Aquatic Animals, Others.

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Regional Analysis:

➣ North America (US, Canada, Mexico)

➣ Europe (Germany, Russia, UK, France, Italy, Spain, Rest of Europe)

➣ Asia-Pacific (China, India, Japan, Australia, Rest of Asia Pacific)

➣ South America (Brazil, Argentina, Rest of South America)

➣ Middle East and Africa

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

Chapter Outline:

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Direct Fed Microbials market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Direct Fed Microbials Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Direct Fed Microbials market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Direct Fed Microbials Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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The Research Report Offers Answers To The Following Questions:

☛ What is the expected growth rate of the global market for the forecast period?

☛ What are the key driving factors that are responsible to shape the fate of the Direct Fed Microbials market during the forecast period?

☛ What will be the overall size of the market during the analysis period?

☛ What are the prominent market trends which influence the development of the Direct Fed Microbials market across various regions?

☛ Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?

☛ What are the challenges and threats that are likely to act as a barrier to the growth of the Direct Fed Microbials market?

☛ What are the major opportunities that the companies can get to attain success in the world?

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