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Global Animal Feed Enzymes Market forecast 2017-2024 | Leading Players - BASF, Danisco, Rossari Biotech, Beldem, Alltech, Shenzhen Leveking Bio-Engineering, Adisseo AB Vista

10-30-2018 11:03 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: marketstudyreport.com

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Global Animal Feed Enzymes Market forecast 2017-2024 | Leading

The newly released research at Market Study Report titled “2017-2024 Global Animal Feed Enzymes Market Report” provides data, information, brief analysis, company profiles, statistics for past years and forecasts for next few years.

European animal feed enzymes market size will worth over USD 860 million by 2024. Germany and Spain hold largest livestock production across the Europe. Presence of strong end use industries coupled with efficient distribution network is the key growth factor for product demand. Russia is expected to portray fastest growth owing to increasing livestock production along with increasing pork consumption.

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Animal Feed Enzymes Market size is estimated to exceed USD 2 billion by 2024; according to a new research report.

Shifting consumer focus on animal nutritional intake for high quality meat due to its enhancing biological properties will drive the animal feed enzymes market growth. Increase in global meat consumption boosted the overall livestock husbandry. Global average meat consumption was over 75 pounds in 2016.

Improving nutrient content, energy utilization, and livestock health are the key properties enhancing the product demand. Large presence of fibers altering the gut viscosity increases the overall livestock efficiency.

Increasing consumer preference for processed meat and dairy products along with proliferating hypermarkets & supermarkets will support the industry growth. Rising awareness pertaining to fodder quality coupled with competitive prices are the key factors fueling the product demand.

Inclination towards animal feed enzymes over antibiotic growth promotors due to stringent government regulations will propel the industry demand. In addition, animal feed enzymes aid in lowering amount of livestock wastes. This helps to bring down the phosphorus and nitrogen content in excreta, thus positively impacting environment by reducing pollution.

Dry animal feed enzymes market size is estimated to register over 60 kilotons by 2024. Superior thermal stability in fodder processing, ease of handling and advanced enzyme activity has increased product preference over liquid based additives. Dry formulation is available in pellet and powder form.

Global industry share is highly competitive due to presence of regional and local manufacturers. Some of the key industry participants are BASF, Danisco, Rossari Biotech, Beldem, Alltech, Shenzhen Leveking Bio-Engineering, Adisseo AB Vista, Novozymes and Kemin.

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Table of Content:

Chapter 1. Methodology & Scope

Chapter 2. Executive Summary

Chapter 3. Animal Feed Enzymes Industry Insights

Chapter 4. Animal Feed Enzymes Market, By Product

Chapter 5. Animal Feed Enzymes Market, By Form

Chapter 6. Animal Feed Enzymes Market, By Livestock

Chapter 7. Animal Feed Enzymes Market, By Region

Chapter 8. Company Profiles

For More Details about this report: https://www.marketstudyreport.com/reports/animal-feed-enzymes-market

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