Asia Pacific Direct-fed Microbials Market Forecast 2019-2028

Asia Pacific Direct-fed Microbials Market Forecast 2019-2028

The Asia Pacific direct-fed microbials market is slated to evolve at a CAGR of 7.79% during the forecast period, 2019-2028. Milk consumption rate has increased in countries like India and China, which is estimated to contribute to market growth. There is also a surging awareness about the side-effects of using antibiotics, which will result in the reduction of their use. Therefore, the use of animal probiotics is projected to increase at a rapid pace, thereby replacing the use of antibiotics.

Indonesia, Japan, China, India, South Korea, Vietnam, Thailand, Australia & New Zealand, and the rest of the Asia Pacific are analyzed for evaluating the Asia Pacific direct-fed microbials market growth. The market for farm animals has flourished in Japan over the years. It is also considered as the second-largest market for animal health products in the world. India is an agriculture-based country, where the maintenance of livestock is one of the major concerns. Animals play a vital role in the agricultural economy, and India houses a huge livestock population. The increasing epidemic in the livestock has resulted in poultry farmers infusing direct-fed microbials into animal feed. The importance of livestock animals and the awareness of the economic impact of diseases are influencing growth in the Indian market.
In Thailand, the growing livestock population and rising availability of products for farm animals fuel market growth. The country is also one of the world’s largest poultry industries. It was the fourth-largest exporter of chicken in 2003. South Korea saw an increase in the total raw milk production in 2016, where it accounted for 3.6% of the whole GDP of the agricultural sector. The Diary processing industry is the third-largest food processing industry in South Korea. Such aspects contribute to the overall market growth of the region.

Some of the well-established companies operating in the market include, Novozymes, Lallemand Inc, Koninklijke DSM N.V., Nutraferma, Novus International Inc, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
3. Market Dynamics
3.1. Development Of Direct-fed Microbials
3.2. Market Definition
3.3. Key Drivers
3.3.1. Surge In Consumption Of Meat And Milk
3.3.2. Diverse Use In Animal Production Management
3.3.3. Rise In Animal Health Concerns
3.4. Key Restraints
3.4.1. Increasing Cost Of Production
3.4.2. Lack Of Standard Regulations
4. Key Analytics
4.1. Impact Of Covid-19 On Direct-fed Microbials
4.2. Key Investment Insights
4.3. Porter’s Five Force Analysis
4.3.1. Buyer Power
4.3.2. Supplier Power
4.3.3. Substitution
4.3.4. New Entrants
4.3.5. Industry Rivalry
4.4. Opportunity Matrix
4.5. Vendor Landscape
5. Market By Form
5.1. Dry Form
5.2. Liquid Form
6. Market By Type
6.1. Lactic Acid Bacteria
6.2. Bacillus
6.3. Other Bacteria
7. Market By Livestock
7.1. Poultry
7.2. Swine
7.3. Ruminants
7.4. Aquatic Animals
7.5. Other Livestock
8. Geographical Analysis
8.1. Asia Pacific
8.1.1. China
8.1.2. Japan
8.1.3. India
8.1.4. South Korea
8.1.5. Indonesia
8.1.6. Thailand
8.1.7. Vietnam
8.1.8. Australia & New Zealand
8.1.9. Rest Of Asia Pacific
9. Company Profiles
9.1. Adisseo
9.2. Archer Daniels Midland Company
9.3. Bentoli Inc
9.4. Bio-vet
9.5. Cargill Incorporated
9.6. Chr. Hansen Holding A/S
9.7. Dupont
9.8. Kemin Industries Inc
9.9. Koninklijke Dsm N.V.
9.10. Lallemand Inc
9.11. Novozymes
9.12. Novus International Inc
9.13. Nutraferma
9.14. Protexin
9.15. Provico Pty Ltd
9.16. Strong Microbials Inc

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