The direct fed microbial market has witnessed a significant growth owing to factors such as growing demand for meat and milk. Moreover, rise in need for probiotics coupled with growing consciousness towards animal health provides a huge market opportunity for the key players operating in the direct fed microbial market. However, rise in cost production is projected to hamper the overall growth of the direct fed microbial market.
Microbes are a type of microscopic living organisms which are found in nature as single-celled organisms or colony of cells. Microbes which are added orally to generate benefits in animals are called as direct-fed microbes. These direct-fed microbials plays a significant role in boosting the digestibility of the feed, improving the nutrient absorption, and minimizing the feed cost. The prohibition on the use of antibiotics as growth promoters has generated opportunities for the direct fed microbials as they are being widely used as an alternative to promote animal growth and performance.
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The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries including Chemicals and Materials, and many more. Trade barriers are further restraining the demand- supply outlook. As government of different regions have already announced total lockdown and temporarily shutdown of industries, the overall production process being adversely affected; thus, hinder the overall Direct Fed Microbial market globally. This report on ‘Direct Fed Microbial market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The report also showcase market trends and forecast to 2027, factoring the impact of Covid -19 Situation.
Competitive scenario:
The study assesses factors such as segmentation, description, and applications of Direct Fed Microbial industries. It derives accurate insights to give a holistic view of the dynamic features of the business, including shares, profit generation, thereby directing focus on the critical aspects of the business.
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Major vendors covered in this report:
- Archer Daniels Midland Company
- Biomin Holding GmbH
- Bio-Vet
- Chr. Hansen Holding A/S
- E.I. Dupont De Nemours and Company
- Kemin Industries, Inc.
- Koninklijke DSM N.V.
- Lallemand, Inc.
- Novozymes
- Novus International, Inc
Scope of the Report
The research on the Direct Fed Microbial market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Direct Fed Microbial market on the basis of end user, product type, application, and demography for the forecast period 2021–2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.
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Direct Fed Microbial Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America
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Direct Fed Microbial Market 2020-2027 Moving Towards a Rapid Growth Rate by Leading Players Archer Daniels Midland Company, Biomin Holding GmbH - Medic Insider
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