Animal Feed Phytase Market Driving Global Phytase Market Expansion - DSM, Rossari Biotech Limited, Guangdong VTR Bio-Tech Co., Ltd

Market Size and Growth

✦ The market was reflecting strong, sustained growth at a CAGR 5.9% during the forecast period 2024-2031

✦ The driving force behind this expansion is a combination of surging global demand, technological advancements, and significant investments in new infrastructure projects.

Mergers and Acquisition

Novus International acquired BioResource International, Inc. in March 2024, significantly expanding its portfolio of enzyme-based solutions for animal gut health.

BASF recently presented new research showing that high doses of phytase in broiler feed can reduce or even eliminate the need for inorganic phosphates while maintaining bird performance.

A key trend is the development of next-generation phytase enzymes that offer improved thermal stability and efficacy in breaking down phytic acid.

The market is seeing an increased focus on the use of phytase to improve environmental sustainability by reducing phosphorus excretion from animal waste.

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The Animal Feed Phytase covers the production and use of the enzyme phytase in livestock and poultry feed to enhance phosphorus availability, improve digestion, boost growth performance, and reduce environmental waste from animal production.

Key players:

The section also contains information related to the new product launches, mergers, acquisitions, collaborations, etc., to give a clear understanding about the competitive landscape prevailing in the global market. With an emphasis on strategies there have been several primary developments done by major companies such as

AB Enzymes
Alltech
BASF SE
Novozymes
Novus International
Adisseo
Dupont
DSM
Rossari Biotech Limited
Guangdong VTR Bio-Tech Co., Ltd.
ADM Animal Nutrition

Market Segments:

By Form: (Liquid, Granules, Powder)

By Class: (3-Phytase, 6-Phytase)

By Source: (Plants, Microorganisms)

By Livestock: (Poultry, Swine, Cattle, Aquaculture)

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Research Process

Both primary and secondary data sources have been used in the global Animal Feed Phytase Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Regional Analysis for Animal Feed Phytase Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

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Chapter Outline

⏩ Market Overview: The report analyzes key drivers, challenges, and opportunities shaping the industry, providing a clear picture of the forces at play.

⏩ Market Landscape: A thorough evaluation of leading industry players, including their financial performance, key product offerings, and strategic initiatives

⏩ Companies Profiles: The global Animal Feed Phytase market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: A detailed breakdown of market trends, size, and growth projections across major regions, including North America, Europe, Asia Pacific, the Middle East & Africa, and South America.

⏩ Market Segments: An interpretation of how various segments by end-user, application, and type contribute to the market's overall value and growth..

⏩ Market Forecast: Production Side: Expert analysis on the production and value forecasts for the market, offering a glimpse into its trajectory.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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