In livestock and poultry industry, animal feed accounts for large part of the
investment. Animal feed enzymes additives help the livestock industry to
produce more meat faster and at lesser cost per animal. Animal feed enzymes are
derived from plants, animals, microorganisms and some others. These enzymes can
improve the metabolism and the nutrient absorbing capacity, along with removal
of anti-nutritional elements. The value of the global animal feed enzymes
market is projected to surpass USD 23.8 billion
by 2023, growing with a CAGR of 5.6% from 2017 to 2023.
New legislations in the
livestock and poultry industries prohibit use of chemicals and drugs that
promote growth. This provides an opportunity for the major players in the
animal feed enzymes market to target expansion, as the demand for low cost feed
additives is expected to grow significantly. Moreover, the increase in demand
for packaged meat products is expected to drive more demand for feed enzymes to
produce high quality meat and improve animal health in the near future.
Animal Feed Enzymes Market by value 2015-2023
The report segments the
global animal feed enzymes market by livestock, type and region. In terms of livestock,
the livestock market is segmented into aquatic animals, cattle, poultry,
ruminants, swine and others. Further, based on type, the market is segmented as
phytase, protease, carbohydrase, lipase and non-starch polysaccharides
(xylanase, glucanase, cellulase, mannanase, pectinase etc).
Geographic Coverage and
The report provides
regional analysis covering geographies such as North America, Europe,
Asia-Pacific, and Rest of the World. Asia- Pacific region accounted for the
largest market size over the period of 2014 to 2015, and it is expected to
continue its dominance over the forecast period, primarily due to large
livestock population in India and China. In Europe, the regulations drove the
demand for the animal feed enzymes. In North America, significant demand
for pork and poultry meat in the U.S. has escalated the market size of feed
enzymes over the past couple of years. The rising awareness among farmers and
customers about need for safe and healthier meats is a positive sign for this
market. As meat industry move towards healthier feed option, the matured
economies are also expected to boost the growth in this market.
AB Vista,Archer Daniels
Midland Company,Adisseo France SAS, Alltech, Inc, BASF SE, Cargill, Inc.
DuPont, Evonik Industries AG, Hansen Holding, Novozymes.
The report provides deep
insights on demand forecasts, market trends and micro and macro indicators. In
addition, this report provides insights on the factors that are driving and
restraining the demand of animal feed enzymes globally as well as regionally.
Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the
investment areas that existing or new market players can consider. The
report provides insights into the market using analytical tools such as
Porter’s five forces analysis and value chain analysis of animal feed enzymes.
Moreover, the study highlights current market trends and provides forecast from
2017 to 2023. We also have highlighted future trends in the animal feed enzymes
market that will impact the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight on the
market share of the leading players. Additionally, the analysis highlights rise
and fall in the market shares of the key players in the market.
The report also provides
in depth analysis of regulatory framework pertaining to animal feed enzymes
market. This will help the companies to understand the regulatory compliances,
supports, barriers in the animal feed enzymes market. This section
highlights key amendments and their implication on animal feed enzymes market
in the short run as well as in the long run. This report will help
manufacturers, suppliers and distributors of the animal feed enzymes market to
understand the present and future trends in this market and formulate their