NORTH AMERICA DIRECT-FED MICROBIALS MARKET 2019-2028

Consumer Goods & Services | Pet Food & Supplies

NORTH AMERICA DIRECT-FED MICROBIALS MARKET 2019-2028

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

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According to an analysis by Triton Market Research, the direct-fed microbials market in North America is likely to augment at a CAGR of 6.50% over the forthcoming period between 2019 and 2028.



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The countries evaluated in the North American direct-fed microbials market are:

           Canada

           The United States

In the United States, there is an increased need for farm animals due to the increasing number of farms. Besides, the country is one of the largest beef exporters and producers in the world. The domestic poultry production in the country is also on the rise. Factors like a fair amount of farmland, standard regulation of animal healthcare and rising production of farm animal products, such as pork, beef and milk, are anticipated to push the market growth in the US.

The animal feed industry in Canada is in continuous search for options like enzymes, prebiotics, direct-fed microbials and essential oil to produce antibiotic-free feed. This is expected to drive the direct-fed microbials market in the forecast period. It is reported that Canada has the second-largest landmass in the world. The huge landmass is the major factor responsible for the high number of farm animals. Besides, the regional growth of the direct fed microbials market in Canada is attributable to the huge animal protein consumption across the US. For example, in 2019, Canadians consumed 77.29 pounds of white meat per capita. These factors indicate an increase in the studied market growth in the projected period.

Bio-Vet is a company providing products in the form of direct-fed microbials, vitamin supplements & capsules, used for the development of different animals. These products provided by the company help in the growth of newborn animals and offer nutritional support for the animals. Also, it provides a wide variety of direct-fed microbial products. These products contain naturally-occurring microorganisms that aid in better digestion and prevent intestinal problems. It is headquartered in Wisconsin, the US.

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Table of Content

1.    NORTH 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.    NORTH AMERICA DIRECT-FED MICROBIALS MARKET OUTLOOK - BY TYPE

3.1.DRY FORM

3.2.LIQUID FORM

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

4.1.LACTIC ACID BACTERIA

4.2.BACILLUS

4.3.OTHER BACTERIA

5.    NORTH 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.    NORTH AMERICA DIRECT-FED MICROBIALS MARKET – REGIONAL OUTLOOK

6.1.UNITED STATES

6.2.CANADA

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

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

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

TABLE 8: NORTH 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: NORTH AMERICA DIRECT-FED MICROBIALS MARKET, BY DRY FORM, 2019-2028 (IN $ MILLION)        

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

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

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

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

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

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

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

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

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

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

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

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

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