MIDDLE EAST AND AFRICA DIRECT-FED MICROBIALS MARKET 2019-2028

MARKET OUTLOOK
Triton Market Research determines that the direct-fed microbials market in Latin America is likely to proliferate with a CAGR of 6.70% in the forecasted period 2019-2028.
Brazil, Mexico and Rest of Latin America comprise the direct-fed microbials market in Latin America.
In Latin America, governments are encouraging the development of the animal agriculture industry. Direct-fed microbials are increasingly being used by manufacturers to improve the quality of the livestock. The livestock rearing industry forms an important part of the economy in this region. The rising concerns about the nutrition of animals are expected to increase the demand of direct fed microbials. The outbreak of food-borne diseases among cattle in recent times has increased the need for tackling bacterial pathogens in meat & dairy products. Also, there is a rising risk of the bacteria developing antibiotic resistance, which is anticipated to create opportunities in the direct-feed microbials sector om the region.
Brazil is a leading country in the livestock population in Latin America. Also, the country ranks third among the largest broiler chicken meat producers across the world. It is also one of the largest milk consumers in this region. With the growing poultry industry in Brazil, there is an increasing awareness of animal health. Hence, the demand for direct-fed microbials is on the upsurge in the country.
COMPETITIVE OUTLOOK
Some of the major players in the direct-fed microbials market are Adisseo, ProviCo Pty Ltd, Kemin Industries Inc, Novozymes, Chr. Hansen Holding A/S, Protexin, Bio-Vet and Cargill Incorporated.

TABLE OF CONTENTS
1. LATIN AMERICA 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. LATIN AMERICA DIRECT-FED MICROBIALS MARKET OUTLOOK - BY TYPE
3.1.DRY FORM
3.2.LIQUID FORM
4. LATIN AMERICA DIRECT-FED MICROBIALS MARKET OUTLOOK - BY BACTERIA
4.1.LACTIC ACID BACTERIA
4.2.BACILLUS
4.3.OTHER BACTERIA
5. LATIN AMERICA 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. LATIN AMERICA DIRECT-FED MICROBIALS MARKET – REGIONAL OUTLOOK
6.1.BRAZIL
6.2.MEXICO
6.3.REST OF LATIN AMERICA
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: LATIN AMERICA 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: LATIN AMERICA DIRECT-FED MICROBIALS MARKET, BY TYPE, 2019-2028 (IN $ MILLION)
TABLE 6: LATIN AMERICA DIRECT-FED MICROBIALS MARKET, BY BACTERIA, 2019-2028 (IN $ MILLION)
TABLE 7: LATIN AMERICA DIRECT-FED MICROBIALS MARKET, BY LIVESTOCK, 2019-2028 (IN $ MILLION)
TABLE 8: LATIN AMERICA 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: LATIN AMERICA DIRECT-FED MICROBIALS MARKET, BY DRY FORM, 2019-2028 (IN $ MILLION)
FIGURE 4: LATIN AMERICA DIRECT-FED MICROBIALS MARKET, BY LIQUID FORM, 2019-2028 (IN $ MILLION)
FIGURE 5: LATIN AMERICA DIRECT-FED MICROBIALS MARKET, BY LACTIC ACID BACTERIA, 2019-2028 (IN $ MILLION)
FIGURE 6: LATIN AMERICA DIRECT-FED MICROBIALS MARKET, BY BACILLUS, 2019-2028 (IN $ MILLION)
FIGURE 7: LATIN AMERICA DIRECT-FED MICROBIALS MARKET, BY OTHER BACTERIA, 2019-2028 (IN $ MILLION)
FIGURE 8: LATIN AMERICA DIRECT-FED MICROBIALS MARKET, BY POULTRY, 2019-2028 (IN $ MILLION)
FIGURE 9: LATIN AMERICA DIRECT-FED MICROBIALS MARKET, BY SWINE, 2019-2028 (IN $ MILLION)
FIGURE 10: LATIN AMERICA DIRECT-FED MICROBIALS MARKET, BY RUMINANTS, 2019-2028 (IN $ MILLION)
FIGURE 11: LATIN AMERICA DIRECT-FED MICROBIALS MARKET, BY AQUATIC ANIMALS, 2019-2028 (IN $ MILLION)
FIGURE 12: LATIN AMERICA DIRECT-FED MICROBIALS MARKET, BY OTHER LIVESTOCK, 2019-2028 (IN $ MILLION)
FIGURE 13: LATIN AMERICA DIRECT-FED MICROBIALS MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)
FIGURE 14: BRAZIL DIRECT-FED MICROBIALS MARKET 2019-2028 (IN $ MILLION)
FIGURE 15: MEXICO DIRECT-FED MICROBIALS MARKET 2019-2028 (IN $ MILLION)
FIGURE 16: REST OF LATIN AMERICA DIRECT-FED MICROBIALS MARKET 2019-2028 (IN $ MILLION)


MARKET OUTLOOK
Triton Market Research determines that the direct-fed microbials market in Latin America is likely to proliferate with a CAGR of 6.70% in the forecasted period 2019-2028.
Brazil, Mexico and Rest of Latin America comprise the direct-fed microbials market in Latin America.
In Latin America, governments are encouraging the development of the animal agriculture industry. Direct-fed microbials are increasingly being used by manufacturers to improve the quality of the livestock. The livestock rearing industry forms an important part of the economy in this region. The rising concerns about the nutrition of animals are expected to increase the demand of direct fed microbials. The outbreak of food-borne diseases among cattle in recent times has increased the need for tackling bacterial pathogens in meat & dairy products. Also, there is a rising risk of the bacteria developing antibiotic resistance, which is anticipated to create opportunities in the direct-feed microbials sector om the region.
Brazil is a leading country in the livestock population in Latin America. Also, the country ranks third among the largest broiler chicken meat producers across the world. It is also one of the largest milk consumers in this region. With the growing poultry industry in Brazil, there is an increasing awareness of animal health. Hence, the demand for direct-fed microbials is on the upsurge in the country.
COMPETITIVE OUTLOOK
Some of the major players in the direct-fed microbials market are Adisseo, ProviCo Pty Ltd, Kemin Industries Inc, Novozymes, Chr. Hansen Holding A/S, Protexin, Bio-Vet and Cargill Incorporated.