Bacillus subtilis are gram-positive bacteria and is mostly found in the outer layer of the soil. It looks like a rod-shaped protective endospore and can withstand extremely harsh environmental conditions. It is widely used in the food &beverage industry for the processing of various food products. Industrial enzymes, agriculture, aquaculture, waste treatment, and pharmaceuticals are some of the other application areas of Bacillus subtilis. It is broadly classified into 100–300 billion CFU/g, <100 billion CFU/g, and > 300 billion CFU/g.
High demand for Bacillus subtilis from the biotechnology industry for the production of enzymes is driving the market growth. Moreover, growing demand for bacillus subtilis based pesticides as they are eco-friendly is again expected to foster market growth. Thus expanding the agriculture industry is projected to augment the market growth. Also, it is used in the preparation of various food products which is again propelling the market growth. The increasing population coupled with the growing demand from aquatic animal feeding and feed application is further projected to propel the market growth of the Bacillus subtilis over the forecast period. Additionally, growing demand for non-toxical bacterial products coupled with the shifting consumer preferences will favor the market growth over the forecast timeframe.
Besides, penetration of various key manufacturer in the market is projected to open new doors of opportunities in the near future.
From the geographical point of view, North America is projected to exhibit significant growth over the forecast period and this is attributed to increasing spending on the food industry. According to the Economic Research Service United States Department of Agriculture, in 2019, U.S. consumers, businesses, and government entities spent $1.77 trillion on food and beverages in grocery stores and other retailers and on away-from-home meals and snacks. Also, the strong presence of the biotechnology industry in the region is further ant
Key Developments:
In August 2020, Brazilian company Biotrop announced a new biological nematicide called Furatrop that combines Japanese Hayai technology and the CNPSo2657 strain of Bacillus subtilis, and reduces damage to soybean and several other crops.
In July 2020, Cambridge Commodities announced the launch of our new ActiBio® probiotic solution containing Bacillus subtilis, ActiBio®-BS (P13511).
In October 2018, Bayer’s launched Serenade™ ASO fungicide/bactericide. It is a powerful biological crop protection product designed to protect against the effects of soil and foliar bacterial and fungal diseases.
Read more @ https://www.openpr.com/news/2011994/bacillus-subtilis-market-2020-growth-drivers-trends
