Worldwide "Animal
feed enzymes Market" 2025 Industry
research report covers the industry overview with Marketplace Size, Share,
Development, futuristic cost, earnings, demand and distribution data. It vast
repository offers an analytical summary of the marketplace that can help to the
new and existing player to take a significant decision.
In this report, we
thoroughly examine and analyse the Global market for Animal feed enzymes so
that market participants can improve their business strategy and ensure
long-term success. This report provides players with useful information and
suggests result-based ideas to give them a competitive advantage in the global Animal
feed enzymes industry. It will show how other players compete in the global Animal
feed enzymes Market and explain the strategies you use to differentiate
yourself from other participants.
This Research Report
Answers the Following Questions:
·
How Animal
feed enzymes market
will grow in the coming year?
·
Will the COVID-19 pandemic surge the demand for such platforms?
·
How are key companies planning to promote benefits of Animal feed enzymes?
·
What are the industry growth drivers, obstacles, and dynamics?
·
Which segment is expected to lead in the coming years?
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Industry Insights
The global animal feed
enzymes market was estimated at USD 1.16 billion in 2015. Enzymes are
particles, which are utilized as catalysts in various chemical and biochemical
reactions. These products are used as processing additives in the manufacturing
of animal foodstuffs.
The products can endure
high pelleting temperatures and varying acidic pH conditions. Moreover, these
catalytic substances are also used to minimize the viscous nature of non-starch
polysaccharides, which are naturally found in animal fodder, and helps in
improving the digestion rate of animals. The feed enzymes demand is driven by
their growing consumption in processing of pig and poultry fodder.
U.S. is one of the major
consumers of feed ingredients such as emulsifiers, enzymes and vitamins.
Existence of stringent food safety regulations on the usage of additives as
well as strong livestock production are likely to boost the product consumption
over the years ahead.
Currently ongoing trend of
clean label ingredients in the U.S. that permit the use of additives used in
food processing is likely to upsurge the requirement of microbial and natural
feed enzymes in the future. Companies such as Advanced Enzymes Technologies
Ltd. are engaged in manufacturing and supplying an extensive product portfolio
of carbohydrases and proteases under DigeGrain brand.
Robust development of the
animal fodder industry and increasing breeding and livestock farming activities
in India, China and Brazil is estimated to foster the market growth in the
future. Substantial production activities of various livestock sectors including
pigs, ruminant, aqua and poultry are likely to surge the requirement of dietary
ingredients, which help in boosting the metabolism of livestock while keeping
the nutritional and calorific content of the fodder unaltered.
Formulation Insights
Feed enzymes are available
in liquid and dry commercial formulations in the global industry. Dry
formulation accounted for a dominant share in the industry in 2015.
Higher preference for dry
formulations is given over the liquid-based additives, due to various factors
that include good thermal stability, increased enzyme activity and ease of
handling. Dry formulations are generally available in pellet and powdered
grades in the industry. This category is expected to witness high penetration
in poultry and ruminant applications during the forecast period.
Application Insights
Enzymes are used in
livestock fodder for various livestock categories including pigs, poultry,
ruminant, pets, equine and aqua. Poultry held the highest market share,
constituting 43.9% of the total industry in 2015. Enzymes help to enhance the
nutritional value of poultry foodstuffs, minimize the quantity of
anti-nutritive elements and promote weight gain among livestock.
The use of these products
in the ruminant and pig feed sectors is likely to boost their consumption rate,
as they improve animal health, amplify the utilization of nutrients, and
digestibility.
Regional Insights
Europe was the largest
consumer accounting for 32.2% share in 2015. Key countries in the region
including Spain are likely to witness significant market growth in the coming
years. At present, Spain and Germany are a few of the highest producers of
livestock in the region.
North America held the
second-largest share, followed by Asia Pacific. Existence of a well-established
end-user industry and a channelized distribution network, are the major
supporting factors of the industry in North America. Eastern European
countries, including Russia, are likely to witness a fast-paced growth on
account of rising pork consumption and livestock production.
Asia Pacific is likely to
illustrate fastest growth, owing to the socio-economic factors such as
increasing meat consumption in India, China and other Southeast Asian
countries. Moreover, there is a rising awareness of livestock diseases, which
has led to the implementation of harmless animal nutrition practices in these
countries. This in turn is expected to drive the demand for various animal feed
products in the region.
Competitive Insights
The key participants in the
industry are Danisco A/S, Novozymes, BASF SE, ENMEX S.A. de C.V., Royal DSM
N.V., Advanced Enzymes, Elanco, Adisseo, Beldem S.A., AB Vista and BioResource
International.
Companies are strengthening
their presence by focusing on research & development, production capacity
expansion, new product launches, acquisitions and joint ventures. For example,
BASF SE introduced Natuphos E, a new enzyme in India to serve the growing
product requirements from the livestock fodder market in the country.
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