Global Direct-fed Microbials (DFM) Market to Gain Traction through 2022, Says BCC Research in Its New Report Published at MarketPublishers.com
23 Nov 2017 • by Natalie Aster
LONDON – In the year 2016, the value of the global market for direct-fed microbials (DFM) was estimated at about USD 784 million. By late 2017, the market is set to stand at USD 851 million, while in 2022 this figure is likely to hit the USD 1.3 billion. During 2017-2022, the market is set to gain traction, registering a great CAGR of 8.1%.
The lactic acid bacteria sector is expected to stand at appr. USD 527 million, as of 2017-end. By late 2022, the segment is predicted to be valued at USD 794 million, growing at an 8.5% CAGR from 2017 till 2022.
Regarding the bacillus segment, it is anticipated to gain traction during 2017-2022, and to expand from USD 218 million to USD 312 million, registering significant growth at a CAGR of 7.4%.
NewNEwNew research report “Direct-fed Microbials (DFM): Global Markets to 2022” prepared by BCC Research provides a holistic insight into the ongoing situation in the world’s market for DFM, paying special attention to the market segmentation based on technology type, livestock, form, region.
Moreover, the report offers an insightful overview of the recently issued DFM patents and analyses their importance. In addition, the latest developments and the most recent technologies are also highlighted here. The report is also a great source of data pertaining to the market dynamics and the main market growth restraining and stimulating factors. Besides, this publication pinpoints the current and future possible trends, growth opportunities as well as highlights the top challenges faced by the market. Besides, the competitive scenario is thoroughly examined in the report. Furthermore, the report comprises 25 detailed profiles of the dominant market players with relevant info on their product portfolios, financial performance, business activities, etc. A comprehensive future outlook for the marketplace through 2022 is at hand here, too.
Many other insightful reports by BCC Research are presented in its online catalogue at MarketPublishers.com.