Market Research Future (Food and Beverages) Direct Fed Microbial (DFM) Market Research Report | Page 4

Direct Fed Microbial( DFM) Market Research Report- Forecast till 2023

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Market Segments: Global direct-fed microbials market has been divided into type, livestock, form, and region On the Basis of type: Bacteria, yeast, and others On the Basis of livestock: Cattle, poultry, swine / pork and others On the Basis of form: Dry, liquid and others On the Basis of Region: North America, Europe, Asia Pacific and Rest of the World
Regional Analysis: Direct-Fed Microbials Market is segmented by regionally which comprises of Europe, North America, Asia Pacific and Rest of the World. Among all the region, North America region is expected to hold the significant market proportion in the year of 2017 and the trend is projected to continue throughout the forecast period of 2017-2023. North America direct-fed microbial market is expected to be driven by various factors. Increase in demand for animal protein products have resulted in the upsurge of direct-fed microbial during the forecast period of 2017-2023. New product development is one of the important drivers which is expected to fuel the sales of direct- fed microbial soon. Among the North American country, the U. S. is estimated to hold 80 % of the market share of the overall North America direct- fed microbial market. Europe is also estimated to account for substantial market share of direct- fed microbial market. Among the European countries, Germany & France are collectively accounting for 55 % market proportion in the overall Europe direct-fed microbial market. However, Asia Pacific region is projected to expand at a higher pace as compare to the other regions during the forecast period of 2017-2023. Australia & China are the major countries in the Asia Pacific countries due to the high consumption of direct-fed microbial.
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