In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Bacillus Subtilis market for 2018-2023.
Bacillus subtilis, known also as the hay bacillus or grass bacillus, is a Gram-positive, catalase-positive bacterium, found in soil and the gastrointestinal tract of ruminants and humans. A member of the genus Bacillus, B. subtilis is rod-shaped, and can form a tough, protective endospore, allowing it to tolerate extreme environmental conditions. B. subtilis has historically been classified as an obligate aerobe, though evidence exists that it is a facultative aerobe. B. subtilis is considered the best studied Gram-positive bacterium and a model organism to study bacterial chromosome replication and cell differentiation. It is one of the bacterial champions in secreted enzyme production and used on an industrial scale by biotechnology companies.
The global average sales price of Bacillus Subtilis is in the decreasing trend, from 5.7 /Kg in 2011 to 5.1 /Kg in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years.
The classification of Bacillus Subtilis includes＜100 Billion CFU/g, 100-300 Billion CFU/g and ＞300 Billion CFU/g. The proportion of＜100 Billion CFU/g in 2016 is about 51.7%, and the proportion of 100-300 Billion CFU/g is about 39.6%.
Bacillus Subtilis is widely used in Feed Additives, Pesticide and Other. The most proportion of Bacillus Subtilis is used in Feed Additives, and the sales market share in 2016 is about 50.9%.
Over the next five years, LPI(LP Information) projects that Bacillus Subtilis will register a 8.5% CAGR in terms of revenue, reach US$ 80 million by 2023, from US$ 49 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Bacillus Subtilis market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
＜100 Billion CFU/g
100-300 Billion CFU/g
＞300 Billion CFU/g
Segmentation by application:
Feed AdditivesÂ
PesticideÂ
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East and Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Bayer
Basf
Qunlin
Jocanima
Tonglu Huifeng
Kernel Bio-tech
Wuhan Nature’s Favour
Agrilife
Real IPM
ECOT China
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Bacillus Subtilis consumption (value and volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Bacillus Subtilis market by identifying its various subsegments.
Focuses on the key global Bacillus Subtilis manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Bacillus Subtilis with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Bacillus Subtilis submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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