Feed Enzymes Market Research Report

 

GMI Research's recent analysis, global feed enzymes market, forecast to 2027, examines the trends in this market and how they are evolving across the different key geographic regions of the world. The rising demand for animal protein, and the rapid increase in the animal populations, are the key factors driving the growth of the global feed enzymes market.

Introduction of the Feed Enzymes Market:

A biological catalyst that produced proteins, minerals, amino acids, and vitamins deprived of animals, plants, and microorganisms is called feed enzymes. The feed enzymes accelerate the nutritional value of feed ingredients, reduces environmental pollution, decrease the feed costs while maintaining the animal's performance. They are mainly used to swine, ruminants, feed poultry, and aquatic animals. The feed enzymes produce uniform growth, enhance gut health, and improve the animals' overall health. There are several categories of feed enzymes, which include protease, phytases, carbohydrase, and others. The phytase enzyme supports minimizing phosphorus excretion in the livestock. The carbohydrase supports in the degradation and breakage of carbohydrates such as starch, fiber, and non-starch polysaccharides into simple sugars offers energy to the animals.

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Feed Enzymes Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

The strong demand for animal-based products, such as meat products, eggs, and dairy products, the quick availability of feed ingredients at a low price, and the emerging demand for naturally produced feed & feed additives, are the factors surging the growth of the global feed enzymes market. Moreover, the growing awareness regarding animal health and food safety will enhance the demand for the market. Various exceptional benefits of the enzymes, rising demand for the animal protein, and the rapid increase in the animal populations will further boost the growth of the global feed enzymes market. The growing technological innovation in the phytase production process to enhance the digestion of the livestock will bring various growth opportunities for the manufacturers. On the other edge of the spectrum, the factors hindering the growth of the market include the high inclusion rate of enzymes and problems in the hydrolysis process of cellulose.

Based on the region, Asia-Pacific is expected to grow at a higher CAGR during the forecast period due to the rising number of feed mills in the Asian nations and the increasing rate of livestock population in the region according to FAO, in 2016. The growing consumption of meat and the rising number of middle-income consumers in emerging economies such as India and China will also energize the demand of the global feed enzymes market. In addition to this, growing consumer awareness is projected to create various growth opportunities for manufacturers in the region.

Key Players of the Global Feed Enzymes Market:

·        Cargill, Incorporated

·        BASF SE

·        DowDuPont

·        Bluestar Adisseo Co.

·        Koninklijke DSM N.V.

·        Kemin Industries, Inc.

·        Associated British Foods plc

·        Advanced Enzyme Technologies

·        Novus International, Inc.

·        Novozymes A/S

Feed Enzymes Market Segmentation:

Segmentation by Function:

·        Performance Enhancement

·        Feed Efficiency

Segmentation by Type:

·        Phytase

·        Protease

·        Carbohydrase

o    Xylanase

o    Amylase

o    Cellulase

o    Other Carbohydrase

·        Others

Segmentation by Source:

·        Microorganism

·        Plant

·        Animal

Segmentation by Form:

·        Dry

·        Liquid

Segmentation by Livestock:

·        Poultry

o    Broilers

o    Turkeys

o    Layers

o    Others

·        Swine

o    Starter

o    Grower

o    Sow

·        Ruminants

o    Calves

o    Dairy Cattle

o    Beef Cattle

o    Others

·        Aquatic Animals

·        Others

Segmentation by Region:

·        North America

o   United States of America

o   Canada

·        Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·        Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·        RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, including small & medium enterprises and large organizations. Our research team helps the clients to understand the impact of market dynamics such as market size, share, drivers, growth opportunities, and other aspects. We have a team of analysts and industry experts who conduct market intelligence studies to ensure relevant and fact-based research across a wide range of sectors such as FMCG, Technology, Energy, Healthcare, and other industries. We collect relevant information about the industry using both internal and external databases. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

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