According to the research report titled ‘GLOBAL Direct-Fed Microbials Market 2019-2028’, available with Market Study Report, global direct-fed microbials market is projected to grow at an annual rate of 6.95% over 2019-2028.
 

Rising consumption of animal-sourced products like meat and milk, coupled with focus on improving nutrient absorption in animals are boosting global direct-fed microbials market growth.  Moreover, shifting preference from antibiotics to direct-fed microbials for animals in order to avert the risk of infection among animals as well as humans, and regulatory banning of the former will also act in favor of market scenario.  
 

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While government initiatives to promote use of direct-fed microbials proliferate the industry revenues, high price of these products hinders the business expansion.
 

Based on type, worldwide direct-fed microbials market is classified into dry form, and liquid form. Speaking of bacteria, the industry is divided into bacillus, lactic acid bacteria, and others. Moving on to livestock class, the market is divided into swine, poultry, aquatic animals, ruminants, and others.
 

From the regional frame of reference, Europe captured majority of worldwide direct-fed microbials industry share in the recent past and is poised to generate significant revenue in the ensuing years. Surging production of meat, pork, and livestock, rising companion animal population, and ban on use of antibiotics for animals are key factors responsible for market growth in Europe. Efforts taken by countries like Italy and United Kingdom to control diseases in animals and promote good health will also contribute to regional market expansion.
 

Key players influencing global direct-fed microbial market trends are Bluestar Adisseo, Protexin, Bentoli Inc., Novus International Inc., ProviCo Pty Ltd., Cargill Incorporated, Kemin Industries, Biovet Industries, Strong Microbials Inc., Novozymes A/S, Lallemand Inc., DuPont de Nemours Inc., The Archer Daniels Midland Company (ADM), Chr Hansen Holding A/S, Nutraferma Inc., and Koninklijke DSM N.V.