The global animal feed enzymes market is expected to reach USD 2.67 billion by 2025, according
to a new report conducted by Grand View Research, Inc. Rising requirements for
enhanced nutritional value and quality in meat & dairy products is
estimated to provide significant scope for the consumption of key feed
processing additives including enzymes, vitamins, and emulsifiers over the
years ahead. Furthermore, growing consumer awareness regarding the vitality of
animal protein intake is likely to play a crucial role in influencing the
scenario of feed enzymes industry.
Phytases, carbohydrases, and proteases are
the primary products used as enzymes that are utilized in different animal
nutrition sectors including poultry, pigs, and ruminant. These products improve
the performance of foodstuffs and make it easily digestible for the livestock
categories.
To request a sample copy
or view summary of this report, click the link below:
http://www.grandviewresearch.com/industry-analysis/animal-feed-enzymes-industry
http://www.grandviewresearch.com/industry-analysis/animal-feed-enzymes-industry
Further key findings from the report suggest:
· Central & South America and Middle East
& Africa are likely to witness growth on account of significantly
increasing livestock farming and breeding activities in major parts of both the
regions. This scenario is estimated to reflect mainly in Brazil, Argentina,
Chile, Venezuela, Egypt, South Africa, and Saudi Arabia.
· Carbohydrases, one of the major ingredients
utilized in the animal feed industry, generated USD 149.3 million in 2015.
These products help in the synthesis of carbohydrates into simple, digestible
sugars.
· Proteases are rapidly gaining importance as
key protein digestibility enhancers in animal foodstuffs & nutrition
sectors, and the segment is expected to grow at a CAGR of 9.9% over the next
nine years. In May 2014, Royal DSM N.V. launched a new product range of
protease enzymes. This strategic move was implemented to keep up with the
growing consumer requirements of animal proteins coupled with the rise in the
meat consumption in developing nations.
· The industry is highly concentrated in
nature owing to the presence of numerous manufacturers on a global as well as
regional level. This, in turn, has intensified the competitiveness of the
industry over the recent years. Furthermore, the leading feed enzyme producers
including Danisco A/S, Royal DSM N.V., and Novozymes accounted for more than
50% of the total market in 2015.
· Other prominent players include BASF SE,
ENMEX S.A. de C.V., Advanced Enzymes, Adisseo, Elanco, BioResource
International, Inc., Beldem S.A., and AB Vista
· Various prominent manufacturers have
integrated business operations across the global value chain. These players are
not only into manufacturing value-added enzymes, but they also have a strong
presence in raw material supply, product distribution, and end-use sectors.
Grand View Research has segmented the
global animal feed enzymes market by product, formulation, application, and
region:
Product Outlook (Revenue, USD Million; 2014
- 2025)
·
Phytases
·
Carbohydrases
·
Proteases
·
Others
Formulation Outlook (Revenue, USD Million;
2014 - 2025)
·
Liquid
·
Dry
Application Outlook (Revenue, USD Million;
2014 - 2025)
·
Poultry
·
Pigs
·
Ruminant
·
Pets
·
Aqua
·
Equine
Regional Outlook (Revenue, USD Million;
2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Central & South America
·
Middle East & Africa
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
No comments:
Post a Comment