Feed Enzymes - Global Market Outlook (2017-2026)
According to Stratistics MRC, the Global Feed Enzymes market is accounted for $850.37 million in 2017 and is expected to reach $2098.79 million by 2026 growing at a CAGR of 10.5%. Increase in production/consumption of animal-based products and high cost of feed in livestock farming are some of the factors fueling the market growth. However, factors such as regulatory structure and interventions are restraining the market growth. In addition, replacement of expensive fish meal and growing awareness about feed quality provides huge opportunities that will gain traction in the market during the next few years.
Enzymes are naturally happening proteins that are produced by animals during the digestion process. These are secreted to carbohydrates, lipids, digest proteins and mineral complexes. Feed enzymes are added in feeds to improve the utilization of nutrients and energy or to degenerate a variety of undesired constituents. The feed enzymes consumers are the integrators, home mixers, aquaculture industry, livestock, and farmers. Enzymes usage boosts animal performance and decreases environmental pollution. These enzymes essentially enhance the gut while considerably decrease waste and feed management prices, which makes animal farming possible.
Amongst livestock, the poultry segment held considerable market share in global market during the predicted period. It provides poultry birds with proteins, by raising their growth rate and also strengthens their immune system. Therefore, they are required for higher end production of poultry meat, which is in huge demand. By Geography, Asia Pacific will be the major revenue contributor to the market throughout the forecast period. The demand for poultry is estimated to increase in India and China due to the rising population, growing purchasing power, and changing consumer food preferences. Where the uptake of feed enzymes has increased and is expected to show healthy growth in Asia pacific.
Some of the key players in the global Feed enzymes market include Lesaffre, E. I. Du Pont De Nemours and Company, Associated British Foods PLC, Koninklijke DSM N.V, Adisseo France SAS, Rossari Biotech Ltd, Azelis Holdings SA, Novus International, Inc., Behn Meyer Holding AG, BASF SE, Alltech Inc., Novozymes, Royal DSM N.V, Danisco A/S, Enmex s.a. De c.v., AB Vista, Bio Resource International, Inc. (BRI), Bioproton Pty Ltd, Beldem S.A. and Elanco..
• Other Types
• Aquatic Animals
• Other Livestock’s
- North America
- Rest of Europe
- Asia Pacific
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.