According to a research report titled ‘Global Direct-Fed Microbials Market 2019-2028’, available with MarketStudyReport, global direct-fed microbials market is anticipated to witness a CAGR of 6.95% during the forecast period 2019-2028.
 

Increasing animal products consumption like meat and milk is primarily driving the global direct-fed microbials market growth. Moreover, ban on antibiotics usage, and supportive government initiatives to promote product adoption are also favoring the industry expansion.
 

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For the record, direct-fed microbials are used in animal farming to improve animal nutrition absorption, thereby producing highly nutritious and superior quality animal products.
 

However, high cost manufacturing these products, along with varying regulatory framework may stifle the market outlook during the forecast period.
 

On the basis of type, global direct-fed microbials industry is bifurcated into dry form, and liquid form. Based on bacteria, the marketplace is fragmented into lactic acid bacteria, bacillus, and others. In terms of livestock terrain, the market is branched into swine, poultry, ruminants, aquatic animals, and others. The report disburses information pertaining to industry share held by each segment in the past, alongside their growth rate and revenue contribution over the forecast period.
 

Considering the regional outlook, the business intelligence document thoroughly studies the market trends in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Among these, Europe market is anticipated to amass significant returns during the analysis timeframe, attributed to the ban on the usage of antibiotics, and high production of animal products like pork & meat and livestock. Also, initiatives to improve cognizance about good health and disease control in animals will impel the product demand in Europe.
 

The key players in worldwide direct-fed microbials market are Kemin Industries Inc., Bentoli Inc., Strong Microbials Inc., Lallemand Inc., Koninklijke DSM N.V., Cargill Incorporated, Novozymes A/S, Adisseo, Chr. Hansen Holding A/S, DuPont de Nemours Inc.,  Archer-Daniels-Midland Company, Protexin, ProviCo Pty Ltd., Bio-Vet, Nutraferma LLC, and Novus International Inc.