Global Direct-Fed Microbials Market Set for Sustainable Growth, Forecasts M&M in New Report Available at MarketPublishers.com
30 Jan 2017 • by Natalie Aster
LONDON – The worldwide market for direct-fed microbials is set to showcase sustainable growth in the offing, with its CAGR almost reaching 7%. This marketplace is predicted to be worth approximately USD 1,400 million by 2022.
The swiftly growing demand for quality animal products is expected to be the number one growth driver. The rising awareness amongst consumers about nutrition and preventive healthcare also encourage the growth.
Yet there are some restraints: a high cost of direct-fed microbials and a low shelf life. In terms of microbials types, lactic acid bacteria make up the biggest segment. The bacillus segment is the number two in this list.
In terms of livestock, poultry is the number one segment, which is followed by ruminants. Region-wise, North America is the number one marketplace, and Europe is the number two player.
Still, the most rapid growth of the market is set to take place in APAC and Europe.
New research report “Direct-Fed Microbials Market by Type, Livestock, Form, and Region - Global Forecast to 2022” developed by M&M offers a comprehensive discussion of the worldwide market for direct-fed microbials. The study starts with a 360-degree view of the global marketplace.
It explores forces that drive and restrain this space. The report focuses on opportunities and challenges of the marketplace. The parent market is also examined in the research study.
It investigates industry trends and analyzes the marketplace performance on the basis of the following factors: livestock, forms and types. Regional markets are scrutinizes in the research report, too.
The study concentrates on the competitive environment and profiles the companies that reign over the worldwide throne. Future outlook through 2022 is on hand in the research report, as well.
- a bird’s eye view of the marketplace;
- insights into industry dynamics;
- coverage of the competitive landscape;
- examination of trends and developments;
- and more.
More new studies by M&M are available at its page.