Feed Enzymes Market is estimated to grow at a CAGR of 9.26% to reach $1,611.612 million by 2024

Knowledge Sourcing Intelligence announces the publication of a new report on “Feed EnzymesMarket - Forecasts from 2018 to 2024" to their offering.

Feed Enzymes are a type of feed additives that are added to animal feed to make it more nutritious and healthy. Feed enzymes have basic functions such as aiding in digestion, improving the quality of the produce and also providing complete nutrition to animals. Feed enzymes are basically of three types which are carbohydrases, phytases, proteases. These enzymes are available in both dry and liquid forms.

According to the report, the feed enzymes market is projected to expand at an impressive CAGR of 9.26% over the forecast period 2018-2024. The Feed Enzymes Market is expected to surge during the forecast period due to the fact that feed enzymes are able to provide animals with complete nutrition and aid in digestion which will increase its demand. Moreover, the market growth will be bolstered by the increasing awareness towards using better and high-quality feed additives by livestock owners so that the health of animals and produce quality can be improved.

Geographically, Asia Pacific is expected to hold a significant amount of share in the market due to the fact that there has been an increase in demand for feed enzymes in some countries of this region like India and China which are one of the largest producers of meat. Also, by livestock, poultry is expected to hold a significant share in the feed enzymes market in order to meet the rising demand for poultry all over the world. Furthermore, the upcoming better quality feed enzymes and investments by market players will continue to drive the feed enzymes market in the coming years.

Some of the major players covered as part of the report are BASF SE, E.I. du Pont de Nemours, AB Enzymes, DSM, Adisseo, AzelisS.A., RossariBiotech Limited, BIO-CAT, and Alltech.

This report segmented the feed enzymes market on the basis following terms
• By Enzyme Type
o Carbohydrases
o Phytases
o Proteases

• By Livestock
o Ruminants
o Swine
o Poultry
o Aquatic Animals
o Others

• By Form
o Liquid
o Dry

• By Source
o Animal
o Plant
o Fungi

• By Geography
o North America
 USA
 Canada
 Mexico

o South America
 Brazil
 Argentina
 Others

o Europe
 Germany
 France
 United Kingdom
 Spain
 Others

o Middle East and Africa
 Saudi Arabia
 Israel
 UAE
 Others

o Asia Pacific
 China
 Japan
 South Korea
 India
 Others

View a sample of the report or purchase the complete study at www.knowledge-sourcing.com/report/global-feed-enzymes-market

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Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm publishing market research studies spanning across ten industry verticals. KSI has a team of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports per year centering on the niche and latest technologies. We engage with key decision-makers and stakeholders across the value chain to provide clients with a detailed analysis and bird’s-eye view of the market with complete market dynamics, statistical forecasts, competitive analysis, key trends, market drivers and challenges and strategic recommendations for making informed decisions. Our success lies in the effort of our analysts who strive to meet client expectations by delivering quality work within the stipulated deadlines.

This release was published on openPR.