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Market Synopsis of Direct Fed Microbial (DFM) Market:
Market Definition:
Direct fed microbial (DFM) is a live microbial feed supplement which improves the intestinal microbial balance of the host livestock. The term direct fed microbial is also referred as probiotics. The most commonly used DFM includes yeast, lactic acid bacteria, bacillus, and other bacteria. These bacteria colonize the intestine of an animal in its initial days of life. During normal fermentation, beneficial bacteria produce organic acids such as lactic acid, acetic acid, or butyric acid, which lowers the intestinal pH and prevents growth of potential pathogens. DFM are available in dry and liquid form to feed various livestock population including ruminants, poultry, swine/ pork, aquatic animals, and others.
Market Scenario:
Direct fed microbial (DFM) are gaining popularity owing to their vital role in improving feed digestibility. Rising awareness for animal health is driving the market growth. Moreover, growing demand for processed animal feed is boosting the growth of DFM market.
Global increase in number of animal diseases is positively influencing the growth of DFM market. Government bans in various regions against antibiotics as growth promoters (AGP) have driven the growth of DFM market resulting in it to be used as of one of the alternative of antibiotics for improved health and performance of livestock. Additionally, increasing investments towards promotions and marketing of DFM is anticipated to surge the market over the forecast period 2017-2023. However, intense competition in the market may restrict the growth of new entrants in the market.
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Key Findings:
• Key players are largely focusing on geographical expansion and increasing their product portfolio
• The U.S., Germany, France, China, and the Netherlands are the major exporters of direct fed microbial (DFM)
Segments:
On the basis of type, Direct fed microbial (DFM) market is segmented into bacteria, yeast, and others. Among them, the bacteria segment is dominating the market. Moreover, lactic acid bacteria segment is expected to be the fastest growing, owing to its high effectiveness and convenience of usage.
Based on the form, Direct fed microbial (DFM) market is segmented into dry, liquid and others. Among all, the dry form is anticipated to grow over the forecast period due to its long shelf life and many advantages in animal feed. However, the liquid form is preferred by farmers for their ease in mixture formation.
Based on the livestock, Direct fed microbial (DFM) market is segmented into cattle, poultry, swine/ pork, and others. Among all, the poultry segment is dominating the market followed by the cattle segment. Increasing demand for poultry meat due to their nutritive value is driving the demand for direct fed microbial in this segment.
Regional Analysis:
The global Direct fed microbial (DFM) market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). North America is dominating the market followed by Europe. The U.S. and Canada are the major contributors of DFM in North America. Government ban on the use of antibiotics for promoting animal growth by European Union has led to an increase in demand for DFM in this region.
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Asia Pacific is the fastest growing region for DFM market. Rising awareness for animal health and growing demand for animal protein in developing countries such as India and China is boosting the growth of DFM market. Growing inclination towards alternatives of antibiotics as growth promoters is anticipated to surge the DFM market in rest of the world.
Key Players:
Some of the key players profiled in the global Direct fed microbial (DFM) market are Archer Daniels Midland Company (U.S.), DuPont (U.S.), Novozymes (Denmark), Lallemand Inc. (Canada), Novus International, Inc. (U.S.), Chr. Hansen A/S (Denmark), Kemin Industries (U.S.), Cargill Inc. (U.S.), Koninklijke DSM N.V. (The Netherlands), Bayer AG (Germany)
The global Direct fed microbial (DFM) market is segmented under the following regions
North America
• U.S.
• Canada
• Mexico
Europe
• Germany
• France
• Italy
• Spain
• U.K
• Rest of Europe
Asia Pacific
• China
• India
• Australia
• Japan
• Rest of Asia Pacific
Rest of the world
• Brazil
• Argentina
• South Africa
• Others
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The report for Global Direct Fed Microbial (DFM) Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.
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