EUROPE DIRECT-FED MICROBIALS MARKET 2019-2028

MARKET OUTLOOK
According to an analysis by Triton Market Research, the direct-fed microbials market in Asia-Pacific is likely to flourish at a CAGR of 7.46% in the projected period 2019-2028.
Australia & New Zealand, South Korea, Japan, India, China, ASEAN countries and Rest of APAC comprise the Asia-Pacific’s direct-fed microbials market.
China is among the largest pork and poultry meat producers in the world. As compared to pigs and poultry production, there is a steady growth in ruminant production. In the last decade, the consumption of pork has doubled in the country. Besides, the booming pet industry is leading to an increased demand for animal health products. According to the National Bureau of Statistics of China, the country ranked third in the world for dog ownership and second for cat ownership. The rise in the number of companion animals has fueled the demand for the direct-fed microbials market. This is likely to push the growth of the studied market in the forecast years.
In Japan, in 2018, there were around 4.56 million cattle, 294 million chickens and 9.61 million pigs. There is a considerable increase in farm animals over the last few years. Also, the country ranks second among the largest animal health products markets in the world, accounting for sales worth $0.77 billion. Consequently, there is an increase in the demand for direct-fed microbials in Japan, which is aiding the market growth.
COMPETITIVE OUTLOOK
The major players in the direct-fed microbials market are Cargill Incorporated, Koninklijke DSM NV, Bio-Vet, DuPont, Archer Daniels Midland Company, Adisseo, Chr. Hansen Holding A/S, and Novozymes.

TABLE OF CONTENTS
1. ASIA-PACIFIC DIRECT-FED MICROBIALS MARKET - SUMMARY
2. INDUSTRY OUTLOOK
2.1. MARKET DEFINITION
2.2. EVOLUTION & TRANSITION OF DIRECT-FED MICROBIALS
2.3. KEY INSIGHTS
2.3.1. POULTRY SEGMENT TO WITNESS ROBUST GROWTH
2.3.2. INCREASING LIVESTOCK SHARE IN AGRICULTURAL OUTPUT
2.3.3. GROWING AWARENESS REGARDING IMPACT OF ANIMAL HEALTH ON HUMANS
2.4. IMPACT OF COVID-19 ON DIRECT-FED MICROBIALS MARKET
2.5. PORTER’S FIVE FORCES ANALYSIS
2.5.1. THREAT OF NEW ENTRANTS
2.5.2. THREAT OF SUBSTITUTE
2.5.3. BARGAINING POWER OF BUYERS
2.5.4. BARGAINING POWER OF SUPPLIERS
2.5.5. THREAT OF COMPETITIVE RIVALRY
2.6. MARKET ATTRACTIVENESS INDEX
2.7. VENDOR SCORECARD
2.8. MARKET DRIVERS
2.8.1. DEMAND FOR MEAT & MILK
2.8.2. GROWING USAGE IN ANIMAL PRODUCTION MANAGEMENT
2.9. MARKET RESTRAINTS
2.9.1. COST CONSTRAINTS
2.10. MARKET OPPORTUNITIES
2.10.1. RISE IN CONCERNS REGARDING USE OF ANTIBIOTICS IN ANIMALS
2.10.2. GOVERNMENT INITIATIVES TO PROMOTE ANIMAL HEALTH PRODUCTS
2.11. MARKET CHALLENGES
2.11.1. DIFFERENT REGULATORY APPROACHES
3. ASIA-PACIFIC DIRECT-FED MICROBIALS MARKET OUTLOOK - BY TYPE
3.1. DRY FORM
3.2. LIQUID FORM
4. ASIA-PACIFIC DIRECT-FED MICROBIALS MARKET OUTLOOK - BY BACTERIA
4.1. LACTIC ACID BACTERIA
4.2. BACILLUS
4.3. OTHER BACTERIA
5. ASIA-PACIFIC DIRECT-FED MICROBIALS MARKET OUTLOOK - BY LIVESTOCK
5.1. POULTRY
5.2. SWINE
5.3. RUMINANTS
5.4. AQUATIC ANIMALS
5.5. OTHER LIVESTOCK
6. ASIA-PACIFIC DIRECT-FED MICROBIALS MARKET – REGIONAL OUTLOOK
6.1. CHINA
6.2. JAPAN
6.3. INDIA
6.4. SOUTH KOREA
6.5. ASEAN COUNTRIES
6.6. AUSTRALIA & NEW ZEALAND
6.7. REST OF ASIA-PACIFIC
7. COMPETITIVE LANDSCAPE
7.1. NUTRAFERMA
7.2. PROTEXIN
7.3. PROVICO PTY LTD
7.4. KONINKLIJKE DSM NV
7.5. KEMIN INDUSTRIES INC
7.6. STRONG MICROBIALS INC
7.7. ARCHER DANIELS MIDLAND COMPANY
7.8. DUPONT
7.9. ADISSEO
7.10. BENTOLI INC
7.11. BIO-VET
7.12. CARGILL INCORPORATED
7.13. CHR. HANSEN HOLDING A/S
7.14. LALLEMAND INC
7.15. NOVOZYMES
7.16. NOVUS INTERNATIONAL INC
8. RESEARCH METHODOLOGY & SCOPE
8.1. RESEARCH SCOPE & DELIVERABLES
8.2. SOURCES OF DATA
8.3. RESEARCH METHODOLOGY


LIST OF TABLES
TABLE 1: ASIA-PACIFIC DIRECT-FED MICROBIALS MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: REGULATORY STATUS OF DIRECT-FED MICROBIALS IN SOME COUNTRIES
TABLE 4: EFFECTS OF MICROBIAL STRAINS ON RUMINANT ANIMALS
TABLE 5: ASIA-PACIFIC DIRECT-FED MICROBIALS MARKET, BY TYPE, 2019-2028 (IN $ MILLION)
TABLE 6: ASIA-PACIFIC DIRECT-FED MICROBIALS MARKET, BY BACTERIA, 2019-2028 (IN $ MILLION)
TABLE 7: ASIA-PACIFIC DIRECT-FED MICROBIALS MARKET, BY LIVESTOCK, 2019-2028 (IN $ MILLION)
TABLE 8: ASIA-PACIFIC DIRECT-FED MICROBIALS MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)


LIST OF FIGURES
FIGURE 1: MARKET ATTRACTIVENESS INDEX
FIGURE 2: WORLDWIDE MEAT CONSUMPTION, BY TYPE (KG PER CAPITA)
FIGURE 3: ASIA-PACIFIC DIRECT-FED MICROBIALS MARKET, BY DRY FORM, 2019-2028 (IN $ MILLION)
FIGURE 4: ASIA-PACIFIC DIRECT-FED MICROBIALS MARKET, BY LIQUID FORM, 2019-2028 (IN $ MILLION)
FIGURE 5: ASIA-PACIFIC DIRECT-FED MICROBIALS MARKET, BY LACTIC ACID BACTERIA, 2019-2028 (IN $ MILLION)
FIGURE 6: ASIA-PACIFIC DIRECT-FED MICROBIALS MARKET, BY BACILLUS, 2019-2028 (IN $ MILLION)
FIGURE 7: ASIA-PACIFIC DIRECT-FED MICROBIALS MARKET, BY OTHER BACTERIA, 2019-2028 (IN $ MILLION)
FIGURE 8: ASIA-PACIFIC DIRECT-FED MICROBIALS MARKET, BY POULTRY, 2019-2028 (IN $ MILLION)
FIGURE 9: ASIA-PACIFIC DIRECT-FED MICROBIALS MARKET, BY SWINE, 2019-2028 (IN $ MILLION)
FIGURE 10: ASIA-PACIFIC DIRECT-FED MICROBIALS MARKET, BY RUMINANTS, 2019-2028 (IN $ MILLION)
FIGURE 11: ASIA-PACIFIC DIRECT-FED MICROBIALS MARKET, BY AQUATIC ANIMALS, 2019-2028 (IN $ MILLION)
FIGURE 12: ASIA-PACIFIC DIRECT-FED MICROBIALS MARKET, BY OTHER LIVESTOCK, 2019-2028 (IN $ MILLION)
FIGURE 13: ASIA-PACIFIC DIRECT-FED MICROBIALS MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)
FIGURE 14: CHINA DIRECT-FED MICROBIALS MARKET 2019-2028 (IN $ MILLION)
FIGURE 15: JAPAN DIRECT-FED MICROBIALS MARKET 2019-2028 (IN $ MILLION)
FIGURE 16: INDIA DIRECT-FED MICROBIALS MARKET 2019-2028 (IN $ MILLION)
FIGURE 17: SOUTH KOREA DIRECT-FED MICROBIALS MARKET 2019-2028 (IN $ MILLION)
FIGURE 18: ASEAN COUNTRIES DIRECT-FED MICROBIALS MARKET 2019-2028 (IN $ MILLION)
FIGURE 19: AUSTRALIA & NEW ZEALAND DIRECT-FED MICROBIALS MARKET 2019-2028 (IN $ MILLION)
FIGURE 20: REST OF ASIA-PACIFIC DIRECT-FED MICROBIALS MARKET 2019-2028 (IN $ MILLION)