Chemiluminescence Immunoassay Analyzers Market Will Reach $2080.79 Million by 2026 | Global Key Company’s – BASF SE, E. I. Du Pont De Nemours and Company, Associated British Foods PLC, Koninklijke DSM N.V, Adisseo France SAS

Market Highlights:

According to Market Prognosis, the Global Feed Enzymes market is accounted for $860.37 million in 2017 and is expected to reach $2080.79 million by 2026 growing at a CAGR of 10.3%. Increase in production/consumption of animal-based products and high cost of feed in livestock farming are some of the factors fueling the market growth. However, factors such as regulatory structure and interventions are restraining the market growth. In addition, replacement of expensive fish meal and growing awareness about feed quality provides huge opportunities that will gain traction in the market during the next few years.

Enzymes are naturally happening proteins that are produced by animals during the digestion process. These are secreted to carbohydrates, lipids, digest proteins and mineral complexes. Feed enzymes are added in feeds to improve the utilization of nutrients and energy or to degenerate a variety of undesired constituents. The feed enzymes consumers are the integrators, home mixers, aquaculture industry, livestock, and farmers. Enzymes usage boosts animal performance and decreases environmental pollution. These enzymes essentially enhance the gut while considerably decrease waste and feed management prices, which makes animal farming possible.

Amongst livestock, the poultry segment held considerable market share in global market during the predicted period. It provides poultry birds with proteins, by raising their growth rate and also strengthens their immune system. Therefore, they are required for higher end production of poultry meat, which is in huge demand. By Geography, Asia Pacific will be the major revenue contributor to the market throughout the forecast period. The demand for poultry is estimated to increase in India and China due to the rising population, growing purchasing power, and changing consumer food preferences. Where the uptake of feed enzymes has increased and is expected to show healthy growth in Asia pacific.

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Some of the key players in the global Feed enzymes market include BASF SE , E. I. Du Pont De Nemours and Company , Associated British Foods PLC , Koninklijke DSM N.V, Adisseo France SAS, Azelis Holdings SA , Novus International, Inc., Rossari Biotech Ltd, Bio-Cat, Alltech Inc and Lesaffre.

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Market Segments:

Type Covered:
• Carbohydrase
• Phytase
• Protease
• Other Types
Livestock Covered:
• Aquatic Animals
• Ruminants
• Poultry
• Pets
• Equine
• Pigs
• Other Livestock’s
Source Covered:
• Microorganism
• Plant
• Animal

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This release was published on openPR.