Feed Enzymes Market by Type, Livestock, Source, and Region - Forecast to 2025

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MarketsandMarkets Presents
Feed Enzymes Market - Forecast to 2025
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The report "Feed Enzymes Market by Type (Phytase,
Carbohydrase, and Protease), Livestock (Poultry,
Swine, Ruminants, and Aquatic Animals), Source
(Microorganism, Plant, and Animal), Form (Dry and
Liquid), and Region Global Forecast to
2025" The global feed enzymes market size is
projected to reach USD 2.0 billion by 2025, which
was estimated at USD 1.2 billion in 2019 it is
projected to grow at a CAGR of 9.1 from 2019.
One of the major factors driving the feed enzyme
industry is the provision of cost-efficiency in
the use of feed. Also, the increasing demand for
animal-based products, such as meat products,
dairy products, and eggs, and the rise in the
global demand for naturally produced feed
additives have been driving the growth of this
market. Browse 106 Market Data Tables and 44
Figures spread through 180 Pages and in-depth TOC
on "Feed Enzymes Market Global Forecast to 2025
Asia Pacific is projected to account for the
largest feed enzymes market share during the
forecast period. Asia Pacific dominated the feed
enzymes market in 2018 this has been supported
by the presence of a large livestock population
(FAO 2016) and the growth rate. Also, livestock
producers in China and India are focusing on
animal health by resorting to natural
solutions. Additionally, there has been a rise
in the demand for meat and meat products, in
accordance with the need for a protein-rich meat
diet. The market for poultry is estimated to
increase in India and China due to factors such
as the focus on meat quality and public health
campaigns, which encourage the consumption of
lower-fat protein options. Fish consumption is
also increasing in the region owing to similar
health trends. Download PDF Brochure
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• Report Objectives
• To describe and forecast the feed enzymes market,
  in terms of type, livestock, source, form, and
  region
• To describe and forecast the feed enzymes market,
  in terms of value and volume, by regionAsia
  Pacific, Europe, North America, South America,
  and the Rest of the World-along with their
  respective countries
• To provide detailed information regarding the
  major factors influencing market growth (drivers,
  restraints, opportunities, and challenges)
• To strategically analyze micromarkets with
  respect to individual growth trends, prospects,
  and contributions to the overall market
• To study the complete value chain of feed enzymes
• To analyze opportunities in the market for
  stakeholders by identifying the high-growth
  segments of the feed enzymes market
• To strategically profile the key players and
  comprehensively analyze their market positions,
  in terms of ranking and core competencies, along
  with detailing the competitive landscape for
  market leaders
• To analyze strategic approaches, such as
  acquisitions, expansions, product launches, and
  agreements partnerships, in the feed enzymes
  market
• This research report categorizes the feed enzymes
  market based on type, livestock, source, form,
  and region.
• The major vendors in the global feed enzyme
  market are BASF SE (Germany), DowDu Pont (US),
  Koninklijke DSM N.V (Netherlands), Bluestar
  Adisseo (China), and Kemin Industries (US).
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• Based on type, the phytase segment is estimated
  to account for a major share in terms of value,
  in 2019.
• Phytase, are preferred by most animal feed
  manufacturers and livestock producers to be used
  as an enzyme. Thus, the segment is estimated to
  dominate the feed enzymes market share in 2019.
• The inclusion of phytase in the feed offers many
  advantages to the livestock. It offers the
  highest activity at low pH also, it improves
  bone health, enables body weight gain, improves
  digestive efficiency, breaks down indigestible
  phytic acid (found in grains and oilseeds), and
  thus, aid in the release of digestible
  phosphorus, calcium, and other nutrients that aid
  the growth of animals.
• The microorganism segment, by source, is
  projected to dominate the feed enzymes market
  during the forecast period.
• The microorganism segment dominated the feed
  enzymes market in 2019, owing to the higher use
  of these sources to extract feed enzymes.
  Microorganisms remain highly prominent and
  suitable hosts to produce stable and industrially
  important feed enzymes. Enzymes extracted from
  microorganisms are of great importance in the
  manufacturing of animal feed. Currently,
  molecular techniques, such as metagenomics and
  genomics, are used to discover microbial enzymes,
  which are used in the feed industry to improve
  feed quality.
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• The poultry segment, by livestock, is projected
  to witness the highest growth in the feed enzymes
  market during the forecast period, due to the
  increased consumption of poultry meat in the Asia
  Pacific region.
• The poultry segment is projected to grow at the
  highest rate during the forecast period since
  there is intensive usage of feed enzymes in the
  broiler feed, which influences high tender meat
  production. Poultry does not produce enzymes for
  hydrolysis of non-starch polysaccharide present
  in the cell wall of grains, and they remain
  un-hydrolyzed. This results in low feed
  efficiency. Feed enzymes break down the NSPs,
  decrease intestinal viscosity, and eventually
  improve the digestibility of nutrients by
  improving gut performance.
• Recent Developments
• In September 2019, DuPont, under its animal
  nutrition segment, launched Axtra PHY, the latest
  generation of phytase enzymes in Japan. This new
  launch enabled the company to expand its presence
  in the feed enzymes market in the Asia Pacific
  region.
• In March 2019, Kemin set up a new manufacturing
  facility to expand in India. This expansion would
  allow the company to cater to the increasing
  demand for specialized nutritional ingredients.
• In October 2019, Azelis acquired Orkila, one of
  the top distributors of specialty chemicals, is
  projected to become a leading specialty chemical
  distributor in Africa and the Middle East,
  wherein Orkila would offer feed enzymes under the
  animal nutrition agrochemical segments.
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