Feed Enzymes Market – BASF SE; DuPont; Associated British Foods plc; Koninklijke DSM N.V.; BEHN MEYER; Azelis S.A.; Adisseo; NOVUS INTERNATIONAL; Rossari

Feed Enzymes market research report has been formed with the systematic gathering and estimation of market information for Food & Beverage industry. All this information is supplied in such a form that properly gives explanation of various facts and figures to the business. The market data described in the report helps to make out diverse market opportunities present worldwide for Food & Beverage industry. This report endows with accurate information about market trends, industrial changes, and consumer behavior etc. Taking up such market research report is always gainful for any company, whether it is a small scale or large scale, for marketing of products or services. Analytical study of this Feed Enzymes market report supports in mapping growth strategies to increase sales and build brand image in the market.

Global Feed Enzymes Market is expected to register a substantial CAGR of 7.11% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the various market players dealing in strategic alliances and expansion of their business presence in different regions along with the large-scale industrialization of animal based goods.

Market Definition: Global Feed Enzymes Market

Feed enzymes are food additives/nutritional ingredients added to the feed diet of various animal variants to enhance their nutritional intake so that their growth rate can be enhanced. These enzymes offer different nutritional benefits depending on their type; some are digestive enzymes, nutritional enzymes and some offer growth enhancement. These enzymes are added to the feed for animals due to their low-cost nutritional enhancement feature.

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Market Drivers:

Increasing demand and preference for animal-based products and services is expected to drive the growth of the market

Laws preventing the use of antibiotics and other unethical growth promoters is expected to drive the growth of the market

High levels of financial costs associated with the usage of feed in agriculture practices resulting in the need for improving their effectiveness is also expected to augment growth of the market

Usage of these enzymes have a positive impact on the overall eco-system and its balance as it enhances the animal health; this factor is expected to enhance the growth of the market

Segmentation: Global Feed Enzymes Market

By Type

Phytase

Protease

Carbohydrase

Amylase

Xylanase

Mannanases

Beta-Glucanase Enzymes

Non-Starch Polysaccharides

Others

By Source

Microorganism

Plant

Animal

By Livestock

Ruminants

Swine

Poultry

Aquatic Animals

Pets

Horses

Others

By Form

Liquid

Dry

By Geography

North America

Europe

Asia-Pacific

South America

Middle East and Africa

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Key Developments in the Market:

In July 2018, Archer Daniels Midland Company announced that they had acquired Neovia for USD 1.8 billion approximately to fulfil their strategic plan of expanding their business operations for animal nutrition. The acquisition will help in expansion of Neovia’s production facilities across various geographical regions along with the R&D facilities. This will help in significant improvement in the presence of Archer Daniels Midland Company especially in the France region

In July 2017, Advanced Enzyme Technologies announced that they had agreed to acquire Evoxx Technologies GmbH for 7.65 million Euros which will help in the improvement of enzyme capabilities of Advanced Enzyme Technologies, with a greater focus on R&D advancements. This acquisition will also improve the presence of Advanced Enzyme’s presence in the European region

Competitive Analysis:

Global feed enzymes market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of feed enzymes market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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Key Market Competitors:

Few of the major competitors currently working in the global feed enzymes market are BASF SE; DuPont; Associated British Foods plc; Koninklijke DSM N.V.; BEHN MEYER; Azelis S.A.; Adisseo; NOVUS INTERNATIONAL; Rossari; BIO-CAT; BEC Feed Solutions; BioResource International, Inc.; Bioproton Pty Ltd.; Alltech; Lesaffre; Advanced Enzyme Technologies; Karyotica Biologicals Pvt Ltd.; Aum Enzymes; CapriEnzymes; Enzyme Innovation; Lumis; VEMO 99 Ltd.; Biovet; Chr. Hansen Holding A/S; Novozymes; Cargill, Incorporated; New Hope Group; ENMEX; Aumgene Biosciences and Archer Daniels Midland Company among others.

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