Animal Feed Enzymes Market growth outlook with industry review and forecasts - PowerPoint PPT Presentation

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Animal Feed Enzymes Market growth outlook with industry review and forecasts

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Animal Feed Enzymes Market size was worth over USD 1.1 billion in 2016 and will cross 80 kilotons by 2024. Get more details @ – PowerPoint PPT presentation

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Title: Animal Feed Enzymes Market growth outlook with industry review and forecasts


1
Animal Feed Enzymes Market worth over 2bn by
2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Key Insights from Animal Feed Enzymes Market
  • Global animal feed enzymes market share was led
    by poultry, accounting for more than 40 in 2016.
    Minimizing antinutritive components and improving
    energy value of fodder promotes the weight gain
    in poultry.
  • Phytase animal feed enzymes market is anticipated
    to grow around 6.5 up to 2024. High phosphorus
    content improves livestock metabolism and
    reproduction. Additionally, increasing fodder
    consistency and enhancing livestock production
    will drive the industry growth.
  • Protease market was valued over USD 150 million
    in 2016. Increasing product consumption as
    protein digesting molecule is gaining high
    importance particularly in poultry and pigs.
    Enhancing proteins that bind starch within forage
    ingredients makes more of starch energy available
    to the livestock.

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Continued...
  • Dry animal feed enzymes market size is estimated
    to register over 60 kilotons by 2024. Superior
    thermal stability in fodder processing, ease of
    handling and advanced enzyme activity has
    increased product preference over liquid based
    additives. Dry formulation is available in pellet
    and powder form.
  • Asia Pacific is the fastest growing region with
    7.5 CAGR up to 2024. Rising meat consumption,
    increasing disposable income along with awareness
    about livestock diseases are the key factors
    driving the animal feed enzymes market.
  • Global industry share is highly competitive due
    to presence of regional and local manufacturers.
    Some of the key industry participants are BASF,
    Danisco, Rossari Biotech, Beldem, Alltech,
    Shenzhen Leveking Bio-Engineering, Adisseo AB
    Vista, Novozymes and Kemin.

4
U.S. Animal Feed Enzymes Market Size, By
Livestock, 2016 2024 (Kilotons)

5

Browse Full Market Research Report On Animal
Feed Enzymes Market _at_ https//goo.gl/7exeRU Reque
st for a Sample of this Research Report
_at_ https//www.gminsights.com/request-sample/detail
/1824
6
360 Analysis
  • Application Trends
  • Implementation of innovative husbandry practices,
    industrialization of meat industry and growing
    awareness about quality of dairy products
    consumed will propel industry growth. These are
    added by farmers in the fodder to maintain
    appropriate nutrient level in the meals.
  • Regional Trends
  • Europe, led by Spain animal feed enzymes market,
    is foreseen to witness a significant gain at over
    6 up to 2024. Presence of large end-use market
    along with strong distribution channel network
    has driven the industry growth.
  • Competitive Market Share
  • Animal feed enzymes market share is highly
    competitive in nature due to the presence of
    numerous local manufacturers. Key industry
    participants include BASF, Duo Point, Chr Hansen
    Holding A/S, DSM N.V., Foodchem International,
    Novozymes, ENMEX, Flavorchem Corporation, DD
    Williamson Co., BioExtract and Nutralliance.

7
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