This report analyzes and forecasts the market for Animal Feed Enzymes at the Global and Regional levels. The market has been estimated based on revenue [US$ Mn] from 2016 to 2022 and forecasts for the sub-segments have also been provided in the report. The study includes impact analysis of the drivers and restraints in the Global Animal Feed Enzymes Market. It also covers the analysis of the trends in demand for Animal Feed Enzymes during the forecast period.
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 1.5 billion by 2022, growing with a CAGR between 7.0% and 7.5% from 2016 to 2022.
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.
The report segments the global feed enzymes market by livestock, type and region. In terms of livestock, the 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).
Archer Daniels Midland Company
Adisseo France SAS
Evonik Industries AG
Key topics covered:
2. Executive Summary
3. Global Animal Feed Enzymes Market Overview
4. Global Animal Feed Enzymes Market Analysis, by Livestock, 2014 – 2022
5. Global Animal Feed Enzymes Market Analysis, by Type, 2014 – 2022
6. Global Animal Feed Enzymes Market Analysis, by Region, 2014 – 2022
7. Company Profiles