The new report by Expert Market Research titled, ‘Global Feed Enzymes Market Size, Share, Growth, Analysis, Report and Forecast 2020-2025’, gives an in-depth analysis of the global feed enzymes market, assessing the market based on its segments like types, applications, forms, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Note 1: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.
Market Overview (2015-2025)
1. Historical Market Size (2019): 965 KMT
2. Forecast CAGR (2020-2025): 6.3%
3. Forecast Market Size (2025): 1393 KMT
Request a free sample copy in PDF or view report summary@ https://www.expertmarketresearch.com/reports/feed-enzymes/requestsample
Animal feed accounts for a major part of the total cost of livestock production. Reducing the cost of feed is of priority to the livestock owner, which can be achieved with the help of feed enzymes. The feed enzymes improve the digestibility of feed, leading to better nutrient absorption. Hence, by using these enzymes, the nutrient density and the production and procurement costs for the feed is reduced, which reduces wastage. As they increase the gut health of animals, they also minimise environmental pollution. With the increasing meat consumption, the livestock population has increased, which is expected to aid the growth of the feed enzymes market. Limitations on antibiotics as growth enhancers in the E.U. and the overall effect of feed enzymes of livestock health is projected to boost the usage of feed enzymes in the coming years.
Explore full report with table of contents@ https://www.expertmarketresearch.com/reports/feed-enzymes
Industry Definition and Major Segments
Enzymes refer to the natural proteins, which are produced during the digestion process. As among livestock, like poultry, swine, cattle, horses, and sheep, the digestive process tends to be inefficient, there is an urgent need to improve the digestibility of feed for these animals. Thus, feed enzymes add to the enzymes already being produced by the animals and help digest feed faster. Feed enzymes, when added, also improve the nutritional content of the feed. This leads to an improvement in energy and nutrient utilisation by the animals and enhances animal immunity.
Based on product types, the feed enzymes can be classified as:
Carbohydrase and protease are the leading enzymes that act as additives to animal feed.
Based on application, the market can be segmented into:
Based on form, the market is divided into:
1. Dry Form
2. Liquid Form
Regionally, the industry is segmented into:
1. North America
2. Latin America
3. Middle East and Africa
5. Asia Pacific
The growth of this market can be attributed to the rising consumption of meat and dairy products in the household and hotel industries. This causes a rise in the livestock population globally, causing an increase in the demand for feed enzymes. Increasing instances of livestock diseases due to poor food intake is a concern for consumers, which is making more livestock-rearers turn to feed enzymes. The environmentalist lobby supports feed enzymes as they reduce wastage and prevent pollution. With increasing health awareness, more governments are expected to ban drugs, develop favourable laws, and provide incentives to feed enzyme manufacturers. These factors are expected to aid the growth of the market. The lower cost of feed management amidst the growing demand for meat will influence the market positively.
Key Market Players
The major players in the market are Novozymes Inc., DSM Nederland B.V., DuPont Co., Archer Daniels Midland Company, BASF, Novus International Inc., Biovet Inc., Wenger Feeds LLC, Bioproton Europe Oy, AVEVE Biochem NV, VEMO 99 Ltd., Palital Feed Additives B.V., Phytobiotics Futterzusatzstoffe GmbH, Bioseutica B.V., Kemin Industries Inc., Amano Enzymes, and A.B. Enzymes GmbH. The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
Veterinary Orthopaedic Implants Market – https://www.expertmarketresearch.com/reports/veterinary-orthopaedic-implants-market
Indian Animal Feed Market – https://www.expertmarketresearch.com/reports/indian-animal-feed-market
Asia Pacific Aquafeed Market – https://www.expertmarketresearch.com/reports/asia-pacific-aquafeed-market
Swine Feed Market – https://www.expertmarketresearch.com/reports/swine-feed-market
Saudi Arabia Pet Food Market – https://www.expertmarketresearch.com/reports/saudi-arabia-pet-food-market
Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.
Informes de Expertos (https://informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish-speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Company Name: Expert Market Research
Contact Person: Matt Johnson, Corporate Sales Specialist – U.S.A.
Toll Free Number: +1 (650) 761-6200 | +44 7441 392205
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Country: United States