Direct-Fed Microbials Market Size, Share, Revenue, Trends And Drivers For 2024-2033

LONDON, GREATER LONDON, UK, August 21, 2024 /EINPresswire.com/ -- The direct-fed microbials (DFM) market has demonstrated substantial growth in recent years, expanding from $1.25 billion in 2023 to $1.35 billion in 2024, marking a compound annual growth rate (CAGR) of 7.8%. Despite historical challenges, this market is poised for continued growth, with projections indicating it will reach $1.76 billion by 2028 at a compound annual growth rate (CAGR) of 6.8%, driven by a shift towards natural feed additives, advancements in livestock performance, supportive regulatory frameworks, increased focus on gut health, and consumer demand for antibiotic-free products.

Increased Focus on Sustainable Agriculture and Animal Health
The demand for direct-fed microbials is surging due to a growing preventive approach to animal health, significant research in microbiome science, and a heightened emphasis on sustainable agriculture. Additionally, the expansion of the aquaculture industry and the adoption of these solutions in emerging markets are contributing to the market's robust growth trajectory. The rise in meat and milk consumption, fueled by population growth, urbanization, and increased incomes in developing countries, further accelerates the need for effective DFM solutions.

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Major Players and Trends
Key players in the direct-fed microbials market, including Lallemand Inc., BIOMIN Holding GmbH, Maxum Foods, ProviCo, and Novozymes A/S, are at the forefront of product innovation. Notably, ADM launched NutriPass L in November 2022, an encapsulated lysine supplement designed to enhance nutrient utilization in dairy cattle. This innovation underscores the industry's commitment to advancing DFM solutions.
Trends shaping the market include the integration of probiotics in pet nutrition, customization of DFM solutions, strategic partnerships and collaborations, and advancements in technological formulations. The combination of probiotics and prebiotics is also emerging as a significant trend.

Market Segmentation
• 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

Regional Insights: North America Leading the Market
North America dominated the direct-fed microbials market in 2023 and is expected to maintain its leading position. The market's regional dynamics reflect varying growth opportunities and trends, with North America continuing to be a key player in this sector.

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Direct-Fed Microbials (DFM) Global Market Report 2024 from TBRC covers the following information:
•Market size data for the forecast period: Historical and Future
•Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
•Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.
The Direct-Fed Microbials (DFM) Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on direct-fed microbials (DFM) market size, direct-fed microbials (DFM) market drivers and trends, direct-fed microbials (DFM) market major players, competitors' revenues, market positioning, and market growth across geographies. The direct-fed microbials (DFM) market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

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