Global Animal Feed Enzymes Market is expected to
reach USD 2.67 billion by 2025,
according to a new report conducted by Grand View Research, Inc. Rising
requirements for enhanced nutritional value and quality in meat & dairy
products is estimated to provide significant scope for the consumption of key
feed processing additives including enzymes, vitamins, and emulsifiers over the
years ahead. Furthermore, growing consumer awareness regarding the vitality of
animal protein intake is likely to play a crucial role in influencing the
scenario of feed enzymes industry.
Phytases, carbohydrases, and proteases are the primary products used as
enzymes that are utilized in different animal nutrition sectors including
poultry, pigs, and ruminant. These products improve the performance of
foodstuffs and make it easily digestible for the livestock categories.
Full Research
Report on Global Animal Feed Enzymes Market Analsysis:
http://www.grandviewresearch.com/industry-analysis/animal-feed-enzymes-industry
http://www.grandviewresearch.com/industry-analysis/animal-feed-enzymes-industry
Further key
findings from the report suggest:
- Central
& South America and Middle East & Africa are likely to witness
growth on account of significantly increasing livestock farming and
breeding activities in major parts of both the regions. This scenario is
estimated to reflect mainly in Brazil, Argentina, Chile, Venezuela, Egypt,
South Africa, and Saudi Arabia.
- Carbohydrases,
one of the major ingredients utilized in the animal feed industry,
generated USD 149.3 million in 2015. These products help in the synthesis
of carbohydrates into simple, digestible sugars.
- Proteases
are rapidly gaining importance as key protein digestibility enhancers in
animal foodstuffs & nutrition sectors, and the segment is expected to
grow at a CAGR of 9.9% over the next nine years. In May 2014, Royal DSM
N.V. launched a new product range of protease enzymes. This strategic move
was implemented to keep up with the growing consumer requirements of
animal proteins coupled with the rise in the meat consumption in
developing nations.
- The
industry is highly concentrated in nature owing to the presence of
numerous manufacturers on a global as well as regional level. This, in
turn, has intensified the competitiveness of the industry over the recent
years. Furthermore, the leading feed enzyme producers including Danisco
A/S, Royal DSM N.V., and Novozymes accounted for more than 50% of the
total market in 2015.
- Other
prominent players include BASF SE, ENMEX S.A. de C.V., Advanced Enzymes,
Adisseo, Elanco, BioResource International, Inc., Beldem S.A., and AB
Vista
- Various
prominent manufacturers have integrated business operations across the
global value chain. These players are not only into manufacturing
value-added enzymes, but they also have a strong presence in raw material
supply, product distribution, and end-use sectors.
View more
reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/animal-feed-and-feed-additives
Grand View
Research has segmented the Global Animal Feed Enzymes Market by product,
formulation, application, and region:
Product Outlook
(Revenue, USD Million; 2014 - 2025)
- Phytases
- Carbohydrases
- Proteases
- Others
Formulation
Outlook (Revenue, USD Million; 2014 - 2025)
- Liquid
- Dry
Application
Outlook (Revenue, USD Million; 2014 - 2025)
- Poultry
- Pigs
- Ruminant
- Pets
- Aqua
- Equine
Regional
Outlook (Revenue, USD Million; 2014 - 2025)
- North
America
- U.S.
- Europe
- Spain
- Russia
- Asia
Pacific
- China
- India
- Central
& South America
- Brazil
- Middle
East & Africa
- South
Africa
View Blog On This Report by Grand View
Research:
http://www.grandviewresearch.com/blog/animal-feed-enzymes-market-size-share
http://www.grandviewresearch.com/blog/animal-feed-enzymes-market-size-share
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For more
Information visit: www.grandviewresearch.com
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