The global feed enzymes market is expected to grow from USD 1.31 billion in 2019 to USD 2.64 billion by 2027, at a CAGR of 9.2% during the forecast period 2020-2027.
Feed enzymes are chemicals added to animal feeds for acceleration of certain chemical reactions. When animals consume feed, natural enzymes are released in their body that helps in breaking down starch, protein, fats, and salts into simple components that are absorbed by the body. Feed enzymes help to improve the digestive capability of the livestock, consequently enabling them to absorb more nutrients and improve their health.
The rise in meat consumption due to increasing urbanization, changes in lifestyle, rise in incomes, and easy affordability has driven the growth of feed enzymes market. Animal feed constitutes 70% of the overall costs incurred for breeding animals. Feed enzymes reduce the feed cost by utilization of cheap ingredients and improving the productivity of animal feed fueling the growth of the market. It also helps to reduce environmental damage related to waste disposal or manure. The rise in demand for dairy products and milk requires improved nutrients for livestock, contributing to the growth of the market.
This study delivers a comprehensive analysis of livestock, type, source, form, and regions. On the basis of livestock, the market can be divided into swine, poultry, aquatic animals, and ruminants. The poultry segment is expected to contribute the highest market share. The rise in the production of meat globally is the primary factor for the growth of the market. The rapid growth in the quantity of meat production is driving the demand for superior quality of feed. On the basis of type, the market can be divided into carbohydrase, phytase, and protease. The phytase segment is expected to dominate the market due to widespread acceptance across the producers of animal feed. Phytase helps in improving bone health, maintaining low pH and helps in gaining body weight. It releases nutrients that are helpful in the growth of animals. On the basis of source, the market can be divided into plants, microorganisms, and animals. The microorganism segment is expected to hold the largest market share due to its high suitability in the production of feed enzymes. New techniques are being discovered in the microorganisms segment to improve the quality of feed. On the basis of form, the market can be divided into dry and liquid. The dry segment is expected to dominate the market due to its excellent thermal stability and ease of handling.
The market for feed enzymes has been segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Asia-Pacific region is expected to dominate the market during the forecast period. China and India have the largest share in the area due to high population. Europe and North America have the second and third largest share across the globe.
The leading players of the market include Danisco A/S, Novozymes, BASF SE, ENMEX S.A. de C.V., Royal DSM N.V., Advanced Enzymes, Elanco, Adisseo, BioResource International, Inc., AB Vista, and Beldem S.A. The companies are adopting strategies like innovation and development, expansion of market, partnerships, mergers and acquisitions. In 2017, Cargill Inc. acquired the animal feed business of Southern State Cooperative for its expansion in United States.
Global Feed Enzymes Market Analysis And Forecast, By Livestock
Global Feed Enzymes Market Analysis And Forecast, By Type
Global Feed Enzymes Market Analysis And Forecast, By Source
Global Feed Enzymes Market Analysis And Forecast, By Form
Global Feed Enzymes Market Analysis And Forecast, By Regional Analysis
Report Description:
The market estimates have been evaluated by considering the effect of different political, economic, social, technological and legal factors which are based on our extensive secondary research, primary research, and in-house databases.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Type
4.3.2. Market Attractiveness Analysis By Source
4.3.3. Market Attractiveness Analysis By Form
4.3.4. Market Attractiveness Analysis By Livestock
4.3.5. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.3. Restrains
5.4. Opportunities
5.5. Challenges
6. Global Feed Enzymes Market Analysis and Forecast, By Type
6.1. Segment Overview
6.2. Carbohydrase
6.3. Phytase
6.4. Protease
7. Global Feed Enzymes Market Analysis and Forecast, By Source
7.1. Segment Overview
7.2. Plant
7.3. Microorganism
7.4. Animal
8. Global Feed Enzymes Market Analysis and Forecast, By Form
8.1. Segment Overview
8.2. Liquid
8.3. Dry
9. Global Feed Enzymes Market Analysis and Forecast, By Livestock
9.1. Segment Overview
9.2. Swine
9.3. Poultry
9.4. Aquatic Animals
9.5. Ruminants
10. Global Feed Enzymes Market Analysis and Forecast, By Regional Analysis
10.1. Segment Overview
10.2. North America
10.2.1. U.S.
10.2.2. Canada
10.2.3. Mexico
10.3. Europe
10.3.1. Germany
10.3.2. France
10.3.3. U.K.
10.3.4. Italy
10.3.5. Spain
10.4. Asia-Pacific
10.4.1. Japan
10.4.2. China
10.4.3. India
10.5. South America
10.5.1. Brazil
10.6. Middle East and Africa
10.6.1. UAE
10.6.2. South Africa
11. Global Feed Enzymes Market-Competitive Landscape
11.1. Overview
11.2. Market Share of Key Players in Global Feed Enzymes Market
11.2.1. Global Company Market Share
11.2.2. North America Company Market Share
11.2.3. Europe Company Market Share
11.2.4. APAC Company Market Share
11.3. Competitive Situations and Trends
11.3.1. Product Launches and Developments
11.3.2. Partnerships, Collaborations, and Agreements
11.3.3. Mergers & Acquisitions
11.3.4. Expansions
12. Company Profiles
12.1. Danisco A/S
12.1.1. Business Overview
12.1.2. Company Snapshot
12.1.3. Company Market Share Analysis
12.1.4. Company Product Portfolio
12.1.5. Recent Developments
12.1.6. SWOT Analysis
12.2. Novozymes
12.2.1. Business Overview
12.2.2. Company Snapshot
12.2.3. Company Market Share Analysis
12.2.4. Company Product Portfolio
12.2.5. Recent Developments
12.2.6. SWOT Analysis
12.3. BASF SE
12.3.1. Business Overview
12.3.2. Company Snapshot
12.3.3. Company Market Share Analysis
12.3.4. Company Product Portfolio
12.3.5. Recent Developments
12.3.6. SWOT Analysis
12.4. ENMEX S.A. de C.V.
12.4.1. Business Overview
12.4.2. Company Snapshot
12.4.3. Company Market Share Analysis
12.4.4. Company Product Portfolio
12.4.5. Recent Developments
12.4.6. SWOT Analysis
12.5. Royal DSM N.V.
12.5.1. Business Overview
12.5.2. Company Snapshot
12.5.3. Company Market Share Analysis
12.5.4. Company Product Portfolio
12.5.5. Recent Developments
12.5.6. SWOT Analysis
12.6. Advanced Enzymes
12.6.1. Business Overview
12.6.2. Company Snapshot
12.6.3. Company Market Share Analysis
12.6.4. Company Product Portfolio
12.6.5. Recent Developments
12.6.6. SWOT Analysis
12.7. Elanco
12.7.1. Business Overview
12.7.2. Company Snapshot
12.7.3. Company Market Share Analysis
12.7.4. Company Product Portfolio
12.7.5. Recent Developments
12.7.6. SWOT Analysis
12.8. Adisseo
12.8.1. Business Overview
12.8.2. Company Snapshot
12.8.3. Company Market Share Analysis
12.8.4. Company Product Portfolio
12.8.5. Recent Developments
12.8.6. SWOT Analysis
12.9. BioResource International, Inc.
12.9.1. Business Overview
12.9.2. Company Snapshot
12.9.3. Company Market Share Analysis
12.9.4. Company Product Portfolio
12.9.5. Recent Developments
12.9.6. SWOT Analysis
12.10. AB Vista
12.10.1. Business Overview
12.10.2. Company Snapshot
12.10.3. Company Market Share Analysis
12.10.4. Company Product Portfolio
12.10.5. Recent Developments
12.10.6. SWOT Analysis
12.11. Beldem S.A.
12.11.1. Business Overview
12.11.2. Company Snapshot
12.11.3. Company Market Share Analysis
12.11.4. Company Product Portfolio
12.11.5. Recent Developments
12.11.6. SWOT Analysis
List of Table
1. Global Feed Enzymes Market, By Type, 2017–2027(USD Billion)(Tons)
2. Global Carbohydrase Feed Enzymes Market, By Region, 2017–2027(USD Billion)(Tons)
3. Global Phytase Feed Enzymes Market, By Region, 2017–2027(USD Billion)(Tons)
4. Global Protease Feed Enzymes Market, By Region, 2017–2027(USD Billion)(Tons)
5. Global Feed Enzymes Market, By Source, 2017–2027(USD Billion)(Tons)
6. Global Plant Feed Enzymes Market, By Region, 2017–2027(USD Billion)(Tons)
7. Global Microorganism Feed Enzymes Market, By Region, 2017–2027(USD Billion)(Tons)
8. Global Animal Feed Enzymes Market, By Region, 2017–2027(USD Billion)(Tons)
9. Global Feed Enzymes Market, By Form , 2017–2027(USD Billion)(Tons)
10. Global Liquid Feed Enzymes Market, By Region, 2017–2027(USD Billion)(Tons)
11. Global Dry Feed Enzymes Market, By Region, 2017–2027(USD Billion)(Tons)
12. Global Feed Enzymes Market, By Livestock, 2017–2027(USD Billion)(Tons)
13. Global Swine Feed Enzymes Market, By Region, 2017–2027(USD Billion)(Tons)
14. Global Poultry Feed Enzymes Market, By Region, 2017–2027(USD Billion)(Tons)
15. Global Aquatic Animals Feed Enzymes Market, By Region, 2017–2027(USD Billion)(Tons)
16. Global Ruminants Feed Enzymes Market, By Region, 2017–2027(USD Billion)(Tons)
17. Global Feed Enzymes Market, By Region, 2017–2027(USD Billion)(Tons)
18. Global Feed Enzymes Market, By North America, 2017–2027(USD Billion)(Tons)
19. North America Feed Enzymes Market, By Type, 2017–2027(USD Billion)(Tons)
20. North America Feed Enzymes Market, By Source, 2017–2027(USD Billion)(Tons)
21. North America Feed Enzymes Market, By Form , 2017–2027(USD Billion)(Tons)
22. North America Feed Enzymes Market, By Livestock, 2017–2027(USD Billion)(Tons)
23. U.S. Feed Enzymes Market, By Type, 2017–2027(USD Billion)(Tons)
24. U.S. Feed Enzymes Market, By Source, 2017–2027(USD Billion)(Tons)
25. U.S. Feed Enzymes Market, By Form , 2017–2027(USD Billion)(Tons)
26. U.S. Feed Enzymes Market, By Livestock, 2017–2027(USD Billion)(Tons)
27. Canada Feed Enzymes Market, By Type, 2017–2027(USD Billion)(Tons)
28. Canada Feed Enzymes Market, By Source, 2017–2027(USD Billion)(Tons)
29. Canada Feed Enzymes Market, By Form , 2017–2027(USD Billion)(Tons)
30. Canada Feed Enzymes Market, By Livestock, 2017–2027(USD Billion)(Tons)
31. Mexico Feed Enzymes Market, By Type, 2017–2027(USD Billion)(Tons)
32. Mexico Feed Enzymes Market, By Source, 2017–2027(USD Billion)(Tons)
33. Mexico Feed Enzymes Market, By Form , 2017–2027(USD Billion)(Tons)
34. Mexico Feed Enzymes Market, By Livestock, 2017–2027(USD Billion)(Tons)
35. Europe Feed Enzymes Market, By Type, 2017–2027(USD Billion)(Tons)
36. Europe Feed Enzymes Market, By Source, 2017–2027(USD Billion)(Tons)
37. Europe Feed Enzymes Market, By Form , 2017–2027(USD Billion)(Tons)
38. Europe Feed Enzymes Market, By Livestock, 2017–2027(USD Billion)(Tons)
39. Germany Feed Enzymes Market, By Type, 2017–2027(USD Billion)(Tons)
40. Germany Feed Enzymes Market, By Source, 2017–2027(USD Billion)(Tons)
41. Germany Feed Enzymes Market, By Form , 2017–2027(USD Billion)(Tons)
42. Germany Feed Enzymes Market, By Livestock, 2017–2027(USD Billion)(Tons)
43. France Feed Enzymes Market, By Type, 2017–2027(USD Billion)(Tons)
44. France Feed Enzymes Market, By Source, 2017–2027(USD Billion)(Tons)
45. France Feed Enzymes Market, By Form , 2017–2027(USD Billion)(Tons)
46. France Feed Enzymes Market, By Livestock, 2017–2027(USD Billion)(Tons)
47. U.K. Feed Enzymes Market, By Type, 2017–2027(USD Billion)(Tons)
48. U.K. Feed Enzymes Market, By Source, 2017–2027(USD Billion)(Tons)
49. U.K. Feed Enzymes Market, By Form , 2017–2027(USD Billion)(Tons)
50. U.K. Feed Enzymes Market, By Livestock, 2017–2027(USD Billion)(Tons)
51. Italy Feed Enzymes Market, By Type, 2017–2027(USD Billion)(Tons)
52. Italy Feed Enzymes Market, By Source, 2017–2027(USD Billion)(Tons)
53. Italy Feed Enzymes Market, By Form , 2017–2027(USD Billion)(Tons)
54. Italy Feed Enzymes Market, By Livestock, 2017–2027(USD Billion)(Tons)
55. Spain Feed Enzymes Market, By Type, 2017–2027(USD Billion)(Tons)
56. Spain Feed Enzymes Market, By Source, 2017–2027(USD Billion)(Tons)
57. Spain Feed Enzymes Market, By Form , 2017–2027(USD Billion)(Tons)
58. Spain Feed Enzymes Market, By Livestock, 2017–2027(USD Billion)(Tons)
59. Asia Pacific Feed Enzymes Market, By Type, 2017–2027(USD Billion)(Tons)
60. Asia Pacific Feed Enzymes Market, By Source, 2017–2027(USD Billion)(Tons)
61. Asia Pacific Feed Enzymes Market, By Form , 2017–2027(USD Billion)(Tons)
62. Asia Pacific Feed Enzymes Market, By Livestock, 2017–2027(USD Billion)(Tons)
63. Japan Feed Enzymes Market, By Type, 2017–2027(USD Billion)(Tons)
64. Japan Feed Enzymes Market, By Source, 2017–2027(USD Billion)(Tons)
65. Japan Feed Enzymes Market, By Form , 2017–2027(USD Billion)(Tons)
66. Japan Feed Enzymes Market, By Livestock, 2017–2027(USD Billion)(Tons)
67. China Feed Enzymes Market, By Type, 2017–2027(USD Billion)(Tons)
68. China Feed Enzymes Market, By Source, 2017–2027(USD Billion)(Tons)
69. China Feed Enzymes Market, By Form , 2017–2027(USD Billion)(Tons)
70. China Feed Enzymes Market, By Livestock, 2017–2027(USD Billion)(Tons)
71. India Feed Enzymes Market, By Type, 2017–2027(USD Billion)(Tons)
72. India Feed Enzymes Market, By Source, 2017–2027(USD Billion)(Tons)
73. India Feed Enzymes Market, By Form , 2017–2027(USD Billion)(Tons)
74. India Feed Enzymes Market, By Livestock, 2017–2027(USD Billion)(Tons)
75. South America Feed Enzymes Market, By Type, 2017–2027(USD Billion)(Tons)
76. South America Feed Enzymes Market, By Source, 2017–2027(USD Billion)(Tons)
77. South America Feed Enzymes Market, By Form , 2017–2027(USD Billion)(Tons)
78. South America Feed Enzymes Market, By Livestock, 2017–2027(USD Billion)(Tons)
79. Brazil Feed Enzymes Market, By Type, 2017–2027(USD Billion)(Tons)
80. Brazil Feed Enzymes Market, By Source, 2017–2027(USD Billion)(Tons)
81. Brazil Feed Enzymes Market, By Form , 2017–2027(USD Billion)(Tons)
82. Brazil Feed Enzymes Market, By Livestock, 2017–2027(USD Billion)(Tons)
83. Middle East and Africa Feed Enzymes Market, By Type, 2017–2027(USD Billion)(Tons)
84. Middle East and Africa Feed Enzymes Market, By Source, 2017–2027(USD Billion)(Tons)
85. Middle East and Africa Feed Enzymes Market, By Form , 2017–2027(USD Billion)(Tons)
86. Middle East and Africa Feed Enzymes Market, By Livestock, 2017–2027(USD Billion)(Tons)
87. UAE Feed Enzymes Market, By Type, 2017–2027(USD Billion)(Tons)
88. UAE Feed Enzymes Market, By Source, 2017–2027(USD Billion)(Tons)
89. UAE Feed Enzymes Market, By Form , 2017–2027(USD Billion)(Tons)
90. UAE Feed Enzymes Market, By Livestock, 2017–2027(USD Billion)(Tons)
91. South Africa Feed Enzymes Market, By Type, 2017–2027(USD Billion)(Tons)
92. South Africa Feed Enzymes Market, By Source, 2017–2027(USD Billion)(Tons)
93. South Africa Feed Enzymes Market, By Form , 2017–2027(USD Billion)(Tons)
94. South Africa Feed Enzymes Market, By Livestock, 2017–2027(USD Billion)(Tons)
List of Figures
1. Global Feed Enzymes Market Segmentation
2. Feed Enzymes Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Feed Enzymes Market Attractiveness Analysis By Type
9. Global Feed Enzymes Market Attractiveness Analysis By Source
10. Global Feed Enzymes Market Attractiveness Analysis By Form
11. Global Feed Enzymes Market Attractiveness Analysis By Livestock
12. Global Feed Enzymes Market Attractiveness Analysis By Region
13. Global Feed Enzymes Market: Dynamics
14. Global Feed Enzymes Market Share By Type (2019 & 2027)
15. Global Feed Enzymes Market Share By Source (2019 & 2027)
16. Global Feed Enzymes Market Share By Form (2019 & 2027)
17. Global Feed Enzymes Market Share By Livestock (2019 & 2027)
18. Global Feed Enzymes Market Share by Regions (2019 & 2027)
19. Global Feed Enzymes Market Share by Company (2019)
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