PUBLISHER: Lucintel | PRODUCT CODE: 1523232
PUBLISHER: Lucintel | PRODUCT CODE: 1523232
Direct Fed Microbial Trends and Forecast
The future of the global direct fed microbial market looks promising with opportunities in the poultry, swine, ruminant, and aquatic animal markets. The global direct fed microbial market is expected to reach an estimated $1.9 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are growing demand for poultry meat, constant increase in livestock population, and rising preference for organic animal product.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Direct Fed Microbial by Segment
The study includes a forecast for the global direct fed microbial by form, livestock, type, and region.
List of Direct Fed Microbial Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies direct fed microbial companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the direct fed microbial companies profiled in this report include-
Direct Fed Microbial Market Insights
Lucintel forecasts that dry is expected to witness higher growth over the forecast period.
Within this market, poultry is expected to witness the highest growth over the forecast period.
North America will remain the largest region over the forecast period.
Features of the Global Direct Fed Microbial Market
Market Size Estimates: Direct fed microbial market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Direct fed microbial market size by form, livestock, type, and region in terms of value ($B).
Regional Analysis: Direct fed microbial market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different forms, livestocks, types, and regions for the direct fed microbial market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the direct fed microbial market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the direct fed microbial market size?
Answer: The global direct fed microbial market is expected to reach an estimated $1.9 billion by 2030.
Q2. What is the growth forecast for direct fed microbial market?
Answer: The global direct fed microbial market is expected to grow with a CAGR of 6.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the direct fed microbial market?
Answer: The major drivers for this market are growing demand for poultry meat, constant increase in livestock population, and rising preference for organic animal product.
Q4. What are the major segments for direct fed microbial market?
Answer: The future of the direct fed microbial market looks promising with opportunities in the poultry, swine, ruminant, and aquatic animal markets.
Q5. Who are the key direct fed microbial market companies?
Answer: Some of the key direct fed microbial companies are as follows:
Q6. Which direct fed microbial market segment will be the largest in future?
Answer: Lucintel forecasts that dry is expected to witness higher growth over the forecast period.
Q7. In direct fed microbial market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.