LATIN AMERICA DIRECT-FED MICROBIALS MARKET 2019-2028

Consumer Goods & Services | Pet Food & Supplies

LATIN AMERICA DIRECT-FED MICROBIALS MARKET 2019-2028

Market By Type, Bacteria, Livestock And Country | Forecast 2019-2028

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Triton Market Research, in its report on the Latin American direct-fed microbials market, concludes that the industry is anticipated to proliferate at a CAGR of 6.70% in terms of revenue, during the forecasted period 2019-2028.



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The countries reviewed in the Latin American direct-fed microbials market are:

           Mexico

           Brazil

           Rest of Latin America

The direct-fed microbials market in Brazil is driven by the increasing meat consumption and exports in the country. In addition, there is a rising awareness among the consumers regarding the quality of meat and dairy products. This is also contributing to the development of direct-fed microbials. The rising demand for meat products and the industrialization of meat production are fueling the growth of the direct-fed microbials market in the country. The expansion of the processed meat industry and the increase in meat exports are the significant factors driving the market. The growth in the crop industry and the high demand from the livestock industry are providing development opportunities to the direct feed microbials market in Brazil.

In Mexico, the consumption of processed meat has increased over the last few years. Apart from domestic consumption, the country is one of the top beef exporters, with its major importers being the United States, Canada, Japan and South Korea. As most of the importing countries are preferring organic meat, the producers are finding innovative solutions to cater to the growing demand for organic meat. Furthermore, the need for feed efficiency, increased disease resistance, and the growth of aquatic organisms are other factors that have increased the use of probiotics in the country, which is consequently leading to the increased consumption of direct-fed microbials.

Novus International Inc is a company that is involved in the manufacturing and marketing of solutions for poultry, livestock and aquaculture. The company has a wide product portfolio to support production for swine, poultry, beef, dairy and aquatic animals. CIBENZA is an enzyme solution provided by the company. Novus International has operations in different regions, including Latin America.

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Table of Content

1.    LATIN AMERICA DIRECT-FED MICROBIALS MARKET - SUMMARY

2.    INDUSTRY OUTLOOK

2.1.MARKET DEFINITION

2.2.EVOLUTION & TRANSITION OF DIRECT-FED MICROBIALS

2.3.KEY INSIGHTS

2.3.1. POULTRY SEGMENT TO WITNESS ROBUST GROWTH

2.3.2. INCREASING LIVESTOCK SHARE IN AGRICULTURAL OUTPUT

2.3.3. GROWING AWARENESS REGARDING IMPACT OF ANIMAL HEALTH ON HUMANS

2.4.IMPACT OF COVID-19 ON DIRECT-FED MICROBIALS MARKET

2.5.PORTER’S FIVE FORCES ANALYSIS

2.5.1. THREAT OF NEW ENTRANTS

2.5.2. THREAT OF SUBSTITUTE

2.5.3. BARGAINING POWER OF BUYERS

2.5.4. BARGAINING POWER OF SUPPLIERS

2.5.5. THREAT OF COMPETITIVE RIVALRY

2.6.MARKET ATTRACTIVENESS INDEX

2.7.VENDOR SCORECARD

2.8.MARKET DRIVERS

2.8.1. DEMAND FOR MEAT & MILK

2.8.2. GROWING USAGE IN ANIMAL PRODUCTION MANAGEMENT

2.9.MARKET RESTRAINTS

2.9.1. COST CONSTRAINTS

2.10.MARKET OPPORTUNITIES

2.10.1. RISE IN CONCERNS REGARDING USE OF ANTIBIOTICS IN ANIMALS

2.10.2. GOVERNMENT INITIATIVES TO PROMOTE ANIMAL HEALTH PRODUCTS

2.11.MARKET CHALLENGES

2.11.1. DIFFERENT REGULATORY APPROACHES

3.    LATIN AMERICA DIRECT-FED MICROBIALS MARKET OUTLOOK - BY TYPE

3.1.DRY FORM

3.2.LIQUID FORM

4.    LATIN AMERICA DIRECT-FED MICROBIALS MARKET OUTLOOK - BY BACTERIA

4.1.LACTIC ACID BACTERIA

4.2.BACILLUS

4.3.OTHER BACTERIA

5.    LATIN AMERICA DIRECT-FED MICROBIALS MARKET OUTLOOK - BY LIVESTOCK

5.1.POULTRY

5.2.SWINE

5.3.RUMINANTS

5.4.AQUATIC ANIMALS

5.5.OTHER LIVESTOCK

6.    LATIN AMERICA DIRECT-FED MICROBIALS MARKET – REGIONAL OUTLOOK

6.1.BRAZIL

6.2.MEXICO

6.3.REST OF LATIN AMERICA

7.    COMPETITIVE LANDSCAPE

7.1.NUTRAFERMA

7.2.PROTEXIN

7.3.PROVICO PTY LTD

7.4.KONINKLIJKE DSM NV

7.5.KEMIN INDUSTRIES INC

7.6.STRONG MICROBIALS INC

7.7.ARCHER DANIELS MIDLAND COMPANY

7.8.DUPONT

7.9.ADISSEO

7.10.BENTOLI INC

7.11.BIO-VET

7.12.CARGILL INCORPORATED

7.13.CHR. HANSEN HOLDING A/S

7.14.LALLEMAND INC

7.15.NOVOZYMES

7.16.NOVUS INTERNATIONAL INC

8.    RESEARCH METHODOLOGY & SCOPE

8.1.RESEARCH SCOPE & DELIVERABLES

8.2.SOURCES OF DATA

8.3.RESEARCH METHODOLOGY

List of table

TABLE 1: LATIN AMERICA DIRECT-FED MICROBIALS MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)   

TABLE 2: VENDOR SCORECARD        

TABLE 3: REGULATORY STATUS OF DIRECT-FED MICROBIALS IN SOME COUNTRIES    

TABLE 4: EFFECTS OF MICROBIAL STRAINS ON RUMINANT ANIMALS          

TABLE 5: LATIN AMERICA DIRECT-FED MICROBIALS MARKET, BY TYPE, 2019-2028 (IN $ MILLION)      

TABLE 6: LATIN AMERICA DIRECT-FED MICROBIALS MARKET, BY BACTERIA, 2019-2028 (IN $ MILLION)   

TABLE 7: LATIN AMERICA DIRECT-FED MICROBIALS MARKET, BY LIVESTOCK, 2019-2028 (IN $ MILLION)   

TABLE 8: LATIN AMERICA DIRECT-FED MICROBIALS MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)   

List of Figures

FIGURE 1: MARKET ATTRACTIVENESS INDEX       

FIGURE 2: WORLDWIDE MEAT CONSUMPTION, BY TYPE (KG PER CAPITA)

FIGURE 3: LATIN AMERICA DIRECT-FED MICROBIALS MARKET, BY DRY FORM, 2019-2028 (IN $ MILLION)        

FIGURE 4: LATIN AMERICA DIRECT-FED MICROBIALS MARKET, BY LIQUID FORM, 2019-2028 (IN $ MILLION)        

FIGURE 5: LATIN AMERICA DIRECT-FED MICROBIALS MARKET, BY LACTIC ACID BACTERIA, 2019-2028 (IN $ MILLION)

FIGURE 6: LATIN AMERICA DIRECT-FED MICROBIALS MARKET, BY BACILLUS, 2019-2028 (IN $ MILLION)   

FIGURE 7: LATIN AMERICA DIRECT-FED MICROBIALS MARKET, BY OTHER BACTERIA, 2019-2028 (IN $ MILLION)          

FIGURE 8: LATIN AMERICA DIRECT-FED MICROBIALS MARKET, BY POULTRY, 2019-2028 (IN $ MILLION)   

FIGURE 9: LATIN AMERICA DIRECT-FED MICROBIALS MARKET, BY SWINE, 2019-2028 (IN $ MILLION)      

FIGURE 10: LATIN AMERICA DIRECT-FED MICROBIALS MARKET, BY RUMINANTS, 2019-2028 (IN $ MILLION)        

FIGURE 11: LATIN AMERICA DIRECT-FED MICROBIALS MARKET, BY AQUATIC ANIMALS, 2019-2028 (IN $ MILLION)

FIGURE 12: LATIN AMERICA DIRECT-FED MICROBIALS MARKET, BY OTHER LIVESTOCK, 2019-2028 (IN $ MILLION)

FIGURE 13: LATIN AMERICA DIRECT-FED MICROBIALS MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)

FIGURE 14: BRAZIL DIRECT-FED MICROBIALS MARKET 2019-2028 (IN $ MILLION) 

FIGURE 15: MEXICO DIRECT-FED MICROBIALS MARKET 2019-2028 (IN $ MILLION)           

FIGURE 16: REST OF LATIN AMERICA DIRECT-FED MICROBIALS MARKET 2019-2028 (IN $ MILLION)      

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