Feed Enzymes Market by Type, Livestock, Source, Form &, Geography - 2022

1. MarketsandMarkets Presents Feed Enzymes Market by Type, Livestock, Source, Form & , Geography - 2022

2. The report "Feed Enzymes Market by Type (Phytase, Protease, and Carbohydrase), Livestock (Ruminants, Swine, Poultry, and Aquatic Animals), Source (Microorganism, Plant, and Animal), Form (Liquid and Dry), and Region - Global Forecast to 2022", The feed enzymes market was valued at USD 842.9 Million in 2016. It is projected to grow at a CAGR of 9.3% from 2017, to reach 1,428.6 Million by 2022. Increase in production/consumption of animal-based products, high cost of feed in livestock farming, ban on antibiotics as growth promoters, and positive impact on the environment are a few major drivers of the feed enzymes market. The replacement of expensive fish meal with feed enzymes and rise in awareness about feed quality provide feed enzyme manufacturers and distributors with lucrative opportunities. Hence, feed enzymes will be viewed as a business opportunity in the next five years. Make an inquiry about this report@ https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=1157

3. Significant growth expected in the protease segment Protease helps farmers save on feed costs, owing to which the use of protease can contribute significantly to the current efforts on reducing nitrogen emissions during livestock production. Hence, protease is an emerging type of feed enzyme that has been gaining popularity in the recent years. Aquatic animals projected to be the fastest-growing livestock segment during the forecast period With the globally increasing demand for fish and fish-based products, the demand for feed enzymes in the aquafeed industry is also projected to increase. The rising cost of fishmeal has further encouraged feed manufacturers to use enzymes in aquafeed as an economical alternative protein sources. Liquid projected to be the faster-growing segment, by form On the basis of form, the liquid segment is larger in the global feed enzymes market. It is the more convenient, economical, and effective then dry enzymes in animal feed. Such benefits have opened lead to opportunities for the feed enzymes industry. https://www.marketsandmarkets.com/Market-Reports/feed-enzyme-market-1157.html

4. This report is targeted at the existing players in the industry, which are as follows: • Feed enzymes manufacturers • Feed enzymes importers and exporters • Feed enzymes traders, distributors, and suppliers • Government and research organizations • Commercial research & development (R&D) institutions and financial institutions • The market for feed enzymes consists of key players BASF SE (Germany), E. I. du Pont de Nemours and Company (U.S.), Associated British Foods plc (U.K.), Koninklijke DSM N.V. (Netherlands), and Adisseo France SAS (France). Other significant players include Azelis Holdings SA (Belgium), Rossari Biotech Ltd (India), BIO-CAT (U.S.), and Alltech Inc. (U.S.). New product launches and expansions to different regions across the globe are the most preferred strategies adopted by key players to gain a larger share of the market.

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