Press release
Global Feed Enzymes Market Projected to Surpass $2.68 Billion by 2029 with 7% Annual Growth
Feed Enzymes Market Size
The rise in meat consumption is anticipated to fuel the expansion of the feed enzymes market in the future. Meat, which is the edible flesh of animals, provides a rich supply of protein, vitamins, and minerals in our diet. The use of enzymes in animal feeds is common practice, aiming to lessen the damaging effects of antinutritional components found in the feed's raw fundamentals, and enhance performance. This results in producing more meat per animal at a lower cost, contributing to their overall long-term health. According to data from the Canada-based software firm, Carlisle Technology, in August 2024, the per capita consumption of turkey in the U.S. was 14.60 pounds in 2022, projected to increase to 15.40 pounds by 2033, following a 0.35% rise in turkey consumption. Simultaneously, the per capita consumption of broiler chicken in 2022 was 98.90 pounds, with an expectation of reaching 107.50 pounds by 2033. Thus, the upward trend in meat consumption stimulates the growth of the feed enzymes market.
Get Your Feed Enzymes Market Report Here:
https://www.thebusinessresearchcompany.com/report/feed-enzymes-global-market-report
What is the projected compound annual growth rate (CAGR) of the feed enzymes market from 2025 to 2034, and what factors influence it?
The market size of feed enzymes has seen substantial growth of late. Projected to balloon from a worth of $1.86 billion in 2024 to about $2.02 billion in 2025, its compound annual growth rate (CAGR) stands at 8.1%. This notable increase over the historic period can be credited to improved feed conversion efficiency, regulatory approval and adherence, heightened awareness of environmental implications, a shift towards sustainable farming, decrease in feed cost, and the global expansion of the animal feed industry.
Anticipations are high for the feed enzymes market to witness substantial expansion in the upcoming years, with a projected rise to "$2.68 billion by 2029 at a compound annual growth rate (CAGR) of 7.4%. This surge during the forecast period is attributable to the increasing need for alternatives to antibiotics, attention towards gut health, studies into enzyme functions, efforts to alleviate climate change impact on agriculture, and global challenges to animal health. Key trends expected during this period encompass digital advancements in feed formulation, including enzymes in premixes, tailoring enzyme blends, progress in enzyme technology, and the push for sustainable and environmentally conscious solutions.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10334&type=smp
How are the latest trends influencing the growth of the feed enzymes market?
In order to retain their dominance in the feed enzymes market, leading companies have embraced innovative technologies such as enzyme-based solutions for the separation of corn. An enzyme-based solution for corn separation employs certain enzymes to segregate the components in corn, enabling the extraction of starch and other useful elements during processing. For instance, Huvepharma Inc., a pharmaceutical organization based in Bulgaria, introduced its enzyme-based digestibility enhancer named Huvezym neXo in the EU in September 2023. This launch is a part of Huvepharma's ambition to diversify its services in the feed enzymes area, which is exceedingly significant for optimizing the utilization of animal feed. With Huvezym neXo, the objective is to improve the digestibility of animal feed, and thereby enhancing animal health and productivity. By facilitating better nutrient absorption, this enzyme-based product is predicted to assist livestock farmers in minimizing the costs of feed while encouraging improved growth rates and feed conversion ratios.
What are the major segments of the feed enzymes market and their role in driving growth?
The feed enzymes market covered in this report is segmented -
1) By Type: Protease, Phytase, Carbohydrase, Other Types
2) By Source: Microorganism, Plant, Animal
3) By Form: Dry, Liquid, Other Forms
4) By Livestock: Swine, Poultry, Ruminants, Aquatic Animals, Other Livestock
Subsegments:
1) By Protease: Endopeptidases, Exopeptidases, Serine Proteases
2) By Phytase: 3-Phytase, 6-Phytase, Novel Phytase Variants
3) By Carbohydrase: Amylase, Cellulase, Xylanase
4) By Other Types: Lipase, Laccase, Mannanase
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=10334
Which regions are key players in the growth of the feed enzymes market?
Asia-Pacific was the largest region in the feed enzymes market in 2024 and is expected to be the fastest-growing region in the global feed enzymes market during the forecast period. The regions covered in the feed enzymes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the key firms paving the way for growth in the feed enzymes market?
Major companies operating in the feed enzymes market include BASF SE, Koninklijke DSM N.V., Adisseo France SAS, Associated British Foods plc, Alltech Inc., E. I. du Pont de Nemours and Company, Archer Daniels Midland Company, Novozymes A/S, Novus International Inc., Kemin Industries Inc., BioResource International Inc., Rossari Biotech Limited, Azelis Holding S.A., Behn Meyer Holding AG, BEC Feed Solutions B.V., Bioproton Pty. Ltd., Chr. Hansen Holding A/S, Danisco Animal Nutrition, Enzyme Innovation Oy, Enzyme Supplies Limited, EnzymeWorks Inc., Epygen Labs Inc., Feedworks Pty. Ltd., Guangdong VTR Bio-Tech Co. Ltd., Huvepharma Inc., Kerry Group plc, Lallemand Animal Nutrition, Lesaffre Group, Lonza Group AG, Nutrex NV
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=10334&type=smp
What Is Covered In The Feed Enzymes Global Market Report?
• Market Size Forecast: Examine the feed enzymes market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the feed enzymes market for a structured understanding.
• Key Players Overview: Analyze major players in the feed enzymes market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the feed enzymes market.
• Segment Contributions: Evaluate how different segments drive overall growth in the feed enzymes market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the feed enzymes market.
• Industry Challenges: Identify potential risks and obstacles affecting the feed enzymes market.
• Competitive Landscape: Review strategic developments in the feed enzymes market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Feed Enzymes Market Projected to Surpass $2.68 Billion by 2029 with 7% Annual Growth here
News-ID: 3893365 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Enzyme
Enzyme Replacement Therapy Market: Advancing Treatment for Inherited Enzyme Defi …
The Enzyme Replacement Therapy Market at a global level was worth USD 10.1 Billion in 2022 and is anticipated to expand to USD 20.6 Billion by 2032, experiencing a CAGR of 7.6% during the forecast period of 2023-2032.
The Enzyme Replacement Therapy (ERT) Market stands at the forefront of medical innovation, offering transformative treatment options for individuals with inherited enzyme deficiencies. Enzyme replacement therapy involves the infusion of artificial enzymes into…
Anti-Inflammatory Activity Enzyme and Protease Enzyme | Pearlzyme Inc
Pearlzyme Inc. focuses on boosting animal immune systems against infection and increasing milk lactation with anti-inflammatory activity enzymes. Also enzyme feed additives demonstrates a commitment to improving animal health and productivity. By developing innovative products, the company aims to provide effective solutions to its customers.
Pearlzyme Inc is committed to sustainable development and reducing environmental impact. As an environmentally conscious company, it recognizes the importance of minimizing its footprint and contributing…
Meat Tenderizing Agents Market 2018 Flourishes with International Prestigious Pl …
Market Overview:
Tenderizing is a process so as to to reduce the toughness of meat fibers in a cut of meat. Tenderizing agents breaks down the meat collagen and softens the meat. The tenderness of meat depends on various factors including the meat grain, the amount of connective tissue, and the fat %. Tenderness can be improved by various techniques, generally enzymes and acids are used in this process. Enzymes…
Meat Tenderizing Agents Market 2018 Flourishes with International Prestigious Pl …
Market Overview:
Tenderizing is a process so as to to reduce the toughness of meat fibers in a cut of meat. Tenderizing agents breaks down the meat collagen and softens the meat. The tenderness of meat depends on various factors including the meat grain, the amount of connective tissue, and the fat %. Tenderness can be improved by various techniques, generally enzymes and acids are used in this process. Enzymes…
Meat Tenderizing Agents Market Global Leader | Enzyme Bioscience Pvt. Ltd, AB En …
Market Overview:
Tenderizing is a process so as to to reduce the toughness of meat fibers in a cut of meat. Tenderizing agents breaks down the meat collagen and softens the meat. The tenderness of meat depends on various factors including the meat grain, the amount of connective tissue, and the fat %. Tenderness can be improved by various techniques, generally enzymes and acids are used in this process. Enzymes…
Enzymes in Biofuel Market Research Report 2018 | Biofuel Enzyme, Schaumann Bioen …
Researchmoz added Most up-to-date research on "Global Enzymes in Biofuel Market Research Report 2018" to its huge collection of research reports.
This report studies the global Enzymes in Biofuel market status and forecast, categorizes the global Enzymes in Biofuel market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
The…
