One of the major reasons influencing the market's expansion is the rising demand for probiotics as a result of its positive effects on immunity, gut health, and cancer risk. In addition, bacillus subtilis's market has grown as a result of rising demand for enzymes in applications such as leather, starch, paper, and textiles. Using standard spraying equipment, Bacillus subtilis is applied to leaves. It is compatible with the majority of regularly used insecticides and fertilisers. In the pharmaceutical industry, bacillus subtilis strains are used as antigen carriers and antigen cellular manufacturers in bacterial vaccines. Due to cultural preferences for the consumption of therapeutic foods and beverages, these drinks are especially well-liked in South Korea and Japan. The bacterium is additionally added to the feed for cattle and poultry. Bacillus subtilis ingestion by poultry has been shown to promote intestinal health and disease resistance. In applications that directly serve the food sector, such as feed additives, insecticides, and starch processing, Bacillus subtilis is used.
According to Coherent Market Insights, The market for Bacillus Subtilis reached USD 68 million in 2021, changing by % from 2021 to 2022. In 2030, the market for Bacillus Subtilis will be worth USD 114.9 Million, expanding at a CAGR of 7.7% during the study period.
Major Players in the Bacillus Subtilis Industry:
1. BASF SE
The business was established in 1865, and its head office is in Ludwigshafen, Germany. Chemicals, materials for plastics, productivity goods, practical solutions, farm solutions, and oil and gas make up the company's six business segments. The expansion of BASF's polymer dispersions production facility in Daya Bay, China, was announced in March 2023. Through R&D innovation and a commitment to a sustainable lifestyle, BASF created healthy beauty in February 2023.
2. Bayer AG
The company was founded in 1863 and is based in Leverkusen, Germany. The company creates aspirin, antibiotics, anti-infectives, cardiovascular, oncology, and central nervous system therapies, over-the-counter medicines, diagnostics, and animal health products, as well as crop protection goods, plastics, and polyurethanes.
3. Jocanima Corporation
The company was established in 2001 and is based in Philippines. Leading global corporations and large distributors depend on the innovative and high-quality agrochemical products of JOCANIMA Corporation. The Corporation is the first local business to combine biological and synthetic crops in an integrated approach to crop protection.
4. Tonglu Huifeng
The firm was founded in 1970 and has its main office in China. The organisation is dedicated to the expert manufacture of numerous types of raw material preparation. The firm is the first and one of China's biggest manufacturers of validamycin.
5. Kernel Bio-tech
The firm was started in in 2016 and is based in Los Angeles, California. Brain-machine interfaces are made by the technology company Kernel. Kernel unveiled Flux and Flow, two brain activity monitors, in May 2020. The Flow gadget can see and capture brain activity. The business was mentioned in the upcoming brain-machine interfaces documentary I Am Human. $53 million was raised by Kernel in 2020.
6. Real IPM
The company was founded in 2003 and is located in Thika, Central, Kenya. RealIPM offers on-farm assistance, collaborating closely with the farmer to create integrated pest management plans. The business produces biopesticides designed to get rid of pests. Predatory mites, bio-fertilizers, sticky traps, and seed treatment are among the company's biopesticides offerings.
7. Wuhan Nature's Favour Bioengineering Co., Ltd.,
The company was started in 2001 and is based in Wuhan, China. The primary areas of focus for Nature's Favour are the development, manufacture, sales, and technology transfer of biopesticides, chemical pesticides, and trace-element fertilisers.
Definition: A bacteria called Bacillus Subtilis is well known for its ability to produce enzymes. It aids in the enzyme synthesis of amylase and proteases. Thus, it has uses in the pesticide, paper, textile, leather, and food processing industries.
