Press Release
Press Release
The global market for direct fed microbials is being driven by the active use of DFMs to mitigate pathogens and enhance production in livestock. Originally, DFMs were used primarily in young ruminants to accelerate the rate of nutrition absorption, improve digestion, and promote gut health. However, with research and development (R&D), further advancements led to the development of more sophisticated combinations of DFM that are targeted at improving fibre digestion in mature cattle. This has been augmenting the growth of the market. Indigestion of DFMs have resulted in improvements in milk yield, growth, and feed efficiency of the cattle. This has had a direct impact on the profitability of the farmers, and hence a positive influence on the market growth. Other factors such as rising awareness about feed quality and safety, growing demand for animal protein, changes in farming practices, and adoption of advanced technology are collectively stimulating the market growth of direct fed microbials.
Bio-Vet (OTCMKTS: PHMB), a leading player in the global market for direct fed microbial, provides DFM products like Generator ULTRA and ELITE that contain live microorganisms such as bacteria and yeast, which help in boosting the digestive tract of the livestock. DFMs may help inhibit pathogens, aid digestion, and support immune function, appetite, and feed utilisation. Ongoing innovation by industry players to introduce more such products are expected to boost the growth of the market over the forecast period.
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The major players in the global direct fed microbial market are Bio-Vet, Adisseo, Archer-Daniels-Midland Company, Koninklijke DSM N.V., and Kemin Industries, Inc, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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