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Feed Enzymes Market 2019 Global Industry Trends | Growth Dynamics To 2025

07-10-2019 11:49 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Flair Insights

Feed Enzymes Market

Feed Enzymes Market

The global Feed Enzymes market was valued at USD 938million in 2016 and is projected to reach USD 1820.05millionby 2025, growing at a CAGR of 9.0% from 2017 to 2025.

Feed enzymes demand is expected to remain high over the forecast period owing to growing demand for animal feed. Enzymes are naturally derived and there are no side effects involved owing to which the demand is expected to remain high. The growing meat production is expected to aid market growth of feed enzymes.

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Market Synopsis of Feed Enzymes Market

Market Definition:

Feed enzymes are used to enhance the quality of animal nutrition as well as improve the nutritional properties of animal fodder. Enzymes are natural proteins secreted by animals as a part of the feed digestion process. Feed enzymes improve the feed performance when added, as they offer additional nutrients such as minerals and vitamins to the animal feed.

Market Scenario:

Feed enzymes have gained status globally because they improve the quality as well as quantity produced by the animals. Changing lifestyle and consumers’ preferences towards a healthy diet, natural products, and increasing meat consumption are the key drivers of the market. Growing health concerns among the increasing global population together with increasing awareness about the benefits of feed enzymes are expected to uplift the demand for feed enzymes. For instance, poultry feed enzymes are used to improve the bird’s egg-laying capacity, disease prevention, as well as feed utilization.

Growing population in developing countries has increased the demand for production of poultry, ruminants, and other livestock for consumption, which has uplifted the demand for feed enzymes in the market. Furthermore, increasing consumption of poultry and meat products is adding fuel to the growth of the global feed enzymes market.

High nutritional benefits obtained from feed enzymes are also supporting its sale across the globe. Additionally, the enhancement of the product coupled with technological advancements is considered to be one of the significant reasons for the increasing growth of the feed enzymes market during the forecast period 2019-2025.

Intended Audience

Feed enzyme manufacturers
Feed industry
Raw material suppliers
Investment bankers
Traders, importers, and exporters


Key Findings:

Feed enzymes have a massive opportunity in the animal feed industry
Application of feed enzymes in poultry animals is experiencing a higher growth rate
Segments:

The feed enzymes market is segmented into type, livestock, and form.

On the basis of the type, it is segmented into protease, phytase, and others. Among all, the phytase enzyme segment is dominating the market followed by whey protease enzyme owing to the presence of phosphorus content that is helpful in improving animal metabolism as well as reproduction.

On the basis of the livestock, it is segmented into swine, poultry, ruminants, aquatic animals, and others. Among all, the poultry segment is dominating the market. These additives are used for the processing of ruminant feed plays an important role in terms of improving animal health, digestibility, maximum utilization of nutrients, and minimizing the environmental impact.

On the basis of the form, it is segmented into dry, liquid, and others. The dry form segment is dominating the market due to its ease of handling and good thermal stability.

Regional Analysis

The feed enzymes market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). The North American region is dominating the market followed by the Asia Pacific owing to the increasing demand for nutritive protein-based feed products among the developed countries of these regions. Canada, Germany, the U.K, the U.S., and China are the major importers of feed enzymes.

Moreover, rising demand for poultry products in countries like the U.S., Canada, and Mexico in the North American region is projected to boost the feed enzymes market during the forecast period. Additionally, the major key players are actively involved in the research & developments of the product conforming to North American regulations for feed fortification with feed enzymes.

Key Players:

Some of the key players profiled in the feed enzymes market: BASF SE (Germany), E. I. du Pont de Nemours and Company (U.S.), Associated British Foods plc (U.K), Koninklijke DSM N.V. (the Netherlands), Behn Meyer Holding AG (Germany), Adisseo France SAS (France), Azelis Holding S.A. (Belgium), Novus International, Inc. (U.S.), Rossari Biotech Ltd. (India), and Alltech, Inc. (U.S.)

The feed enzymes market is segmented into the following regions

North America

The U.S.
Canada
Mexico
Europe

Germany
France
Italy
Spain
K
Rest of Europe
Asia Pacific

China
India
Australia
Japan
Rest of Asia Pacific
Rest of the world

Brazil
Argentina
South Africa
Others

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The report for feed enzymes market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinsion leaders to gain the deeper insight of the market and industry performance. The report gives a clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economic and governing factors in the market. The report provides detailed information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions

About Us:

Flair Insights provides research that fuels innovation. Today’s modern world runs on sound research and development for which big data is required. We now live in the world of information where everything can be quantified. Flair Insights provides comprehensive analysis and reports that cover a wide range of industries. These reports will help you understand the industry and subject it is about and provide you with the right insights. Businesses can then make sound strategies based on the reports, make predictions, understand market trends, do surveys and more. The reports are a microscopic look that unveil the minutest of details.

Contact Us:

Name: Yog Thakre
Email: sales@flairinsights.com
Organization: Flair Insights
Address: 5, Kapre Complex, Suncity Road, Anand Nagar,
Pune, Maharashtra - 411051
Phone: +91 89561 90780
Website: http://www.flairinsights.com

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