The global animal feed enzymes market is expected to grow at a CAGR of around 9.71% from forecast period 2019 to 2026 and expected to reach the market value of around US$ 2,158.1 Mn by 2026.
The feed enzymes are the ingredients when mixed with animal feed, they help animals in easy digestion and to guarantee that animals have complete diet or nutrition. Additionally, enzymes help in the efficient good feed which in turn decreases the cost of feed and increases the profitability. The feed enzyme market is dependent on increasing demand for animal protein, increasing animal population and benefits of enzymes which drives the market in a positive trend. These enzymes increase the digestibility of feed and decrease the cost. Phytase decreases the need of giving inorganic phosphorous supplementation, due to the fact that it increases the conversion of absent forms of phosphorous in feed into available forms. Other than that carbohydrate increases the digestibility of starch and also discharges energy from the fibrous portion and grain by-products.
Market Dynamics
Even if there are increasing concerns about greenhouse gas emission and numerous other emerging environmental-related problems because of the livestock industry, meat consumption is growing with time. The Organization for Economic Co-ordination and Development has noted that meat consumption has increased from about 114.02 million metric tons in 2017 to 116.21 million metric tons in 2018. The most consumed meat by human society is poultry meat with per capita consumption of 30.6 Kg per year, followed by pork with per capita consumption of 23.5 kg per year and beef & veal with per capita consumption of 14.8 kg per year. One of the main driving factors for feed enzyme market is industrialization of the livestock industry, which led to the use of artificial feeds having a large amount of corn and soy as the main protein ingredient in the feed. However, the high investment in the research and development, which reduces the innovation in the global market, acts as a major restraining factor preventing small players from entering the market. . Also, the limited awareness about the animal feed enzymes in the developing countries are expected to one the greatest challenge for the manufacturers in the global market during the forecast period.
By source, the microorganisms segment dominated the animal feed enzymes market
On the basis of source, the market has been segmented into microorganisms, plant, poultry, and animal. The microorganisms segmented is expected to dominate the animal feed enzymes market in 2018. It is also expected to grow at the high CAGR from 2019 to 2025. Microorganisms are less costly, has more stability in extreme conditions than other sources, and can be easily controlled in the laboratory. Such advantages offered by the microorganisms over the other sources plant and animal sources helps it in being more popular and easy to use in animal feed. Increase in investment towards development are expected to enhance the demand for the product in the global market during the forecast period.
The market research study on “Animal Feed Enzymes Market– Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 – 2026”, offers a detailed insight into the global Animal Feed Enzymes market entailing insights on its different market segments. Market dynamics with drivers, restraints, and opportunities with their impact are provided in the report. The report provides insights into the global animal feed enzymes market, its type, livestock, form, source, and major geographic regions. The report covers basic development policies and layouts of technology development processes. Secondly, the report covers global animal feed enzymes market size and volume, and segment markets by type, livestock, form, source, and geography along with the information on companies operating in the market. The animal feed enzymes market analysis is provided for major regional markets including North America, Europe, Asia Pacific, Latin America and Middle East and Africa. For each region, the market size and volume for different segments have been covered under the scope of the report.
In 2018, Asia-Pacific dominated the regional market with a maximum market share
Asia-Pacific is dominating the animal feed enzymes market with highest market share, whereas Europe and North America are in second and third position. The Asia-Pacific region is estimated to have high CAGR during the forecast period (2019-2025), but all other regions are projected to register moderate growth rate. China and India are largest market in Asia-Pacific region, because of their larger population, for which Asia-pacific is the largest animal feed enzyme market in world. However, North America expected to showcase the highest growth in the global animal feed enzymes market during the forecast period.
The key players profiled in the global animal feed enzymes market research report include BASF SE, Biocatalyst, AB Enzymes, Advanced Enzymes Technologies, E. I. du Pont de Nemours and Company, Associated British Foods plc, Koninklijke DSM N.V, Adisseo France SAS (France), Azelis Holdings SA, Rossari Biotech Ltd, BIO-CAT. These companies are investing in the product development as well as expansion for expanding their market share and also for gaining competitive advantages over its competitors in the coming years.
Market Segmentation
Market By Type
- Phytase
- Protease
- Carbohydrase
Market By Livestock
- Ruminants
- Swine
- Aquatic Animals
- Others
Market By Source
- Microorganism
- Plant
- Poultry
- Animal
Market By Form
Market By Geography
- North America
- Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Animal Feed Enzymes
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Animal Feed Enzymes Market By Type
1.2.2.1. Global Animal Feed Enzymes Market Revenue and Growth Rate Comparison By Type (2015-2026)
1.2.2.2. Global Animal Feed Enzymes Market Revenue Share By Type in 2018
1.2.2.3. Phytase
1.2.2.4. Protease
1.2.2.5. Carbohydrase
1.2.3. Animal Feed Enzymes Market By Livestock
1.2.3.1. Global Animal Feed Enzymes Market Revenue and Growth Rate Comparison By Livestock (2015-2026)
1.2.3.2. Global Animal Feed Enzymes Market Revenue Share By Livestock in 2018
1.2.3.3. Ruminants
1.2.3.4. Swine
1.2.3.5. Poultry
1.2.3.6. Aquatic animals
1.2.3.7. Others
1.2.4. Animal Feed Enzymes Market By Source
1.2.4.1. Global Animal Feed Enzymes Market Revenue and Growth Rate Comparison By Source (2015-2026)
1.2.4.2. Global Animal Feed Enzymes Market Revenue Share By Source in 2018
1.2.4.3. Microorganism
1.2.4.4. Plant
1.2.4.5. Poultry
1.2.4.6. Animals
1.2.5. Animal Feed Enzymes Market By Form
1.2.5.1. Global Animal Feed Enzymes Market Revenue and Growth Rate Comparison By Form (2015-2026)
1.2.5.2. Global Animal Feed Enzymes Market Revenue Share By Form in 2018
1.2.5.3. Liquid
1.2.5.4. Dry
1.2.6. Animal Feed Enzymes Market By Geography
1.2.6.1. Global Animal Feed Enzymes Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.6.2. North America Animal Feed Enzymes Market Revenue and Growth Rate (2015-2026)
1.2.6.3. Europe Animal Feed Enzymes Market Revenue and Growth Rate (2015-2026)
1.2.6.4. Asia-Pacific Animal Feed Enzymes Market Revenue and Growth Rate (2015-2026)
1.2.6.5. Latin America Animal Feed Enzymes Market Revenue and Growth Rate (2015-2026)
1.2.6.6. Middle East and Africa (MEA) Animal Feed Enzymes Market Revenue and Growth Rate (2015-2026)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2018
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Animal Feed Enzymes Major Manufacturers in 2018
3.2. Manufacturing Plants Distribution of Global Animal Feed Enzymes Major Manufacturers in 2018
3.3. R&D Status and Technology Source of Global Animal Feed Enzymes Major Manufacturers in 2018
3.4. Raw Materials Sources Analysis of Global Animal Feed Enzymes Major Manufacturers in 2018
CHAPTER 4. ANIMAL FEED ENZYMES MARKET BY TYPE
4.1. Global Animal Feed Enzymes Revenue By Type
4.2. Phytase
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Protease
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. Carbohydras
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 5. ANIMAL FEED ENZYMES MARKET BY LIVESTOCK
5.1. Global Animal Feed Enzymes Revenue By Livestock
5.2. Ruminants
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Swine
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Poultry
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.5. Aquatic animals
5.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.6. Others
5.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 6. ANIMAL FEED ENZYMES MARKET BY FORM
6.1. Global Animal Feed Enzymes Revenue By Form
6.2. Liquid
6.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.3. Dry
6.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 7. ANIMAL FEED ENZYMES MARKET BY SOURCE
7.1. Global Animal Feed Enzymes Revenue By Source
7.2. Microorganism
7.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
7.3. Plant
7.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
7.4. Animal
7.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 8. NORTH AMERICA ANIMAL FEED ENZYMES MARKET BY COUNTRY
8.1. North America Animal Feed Enzymes Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. North America Animal Feed Enzymes Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. U.S.
8.3.1. U.S. Animal Feed Enzymes Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Livestock, 2015 - 2026 ($Million)
8.3.3. Market Revenue and Forecast By Form, 2015 - 2026 ($Million)
8.3.4. Market Revenue and Forecast By Source, 2015 - 2026 ($Million)
8.4. Canada
8.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Livestock, 2015 - 2026 ($Million)
8.4.3. Market Revenue and Forecast By Form, 2015 - 2026 ($Million)
8.4.4. Market Revenue and Forecast By Source, 2015 - 2026 ($Million)
8.5. Mexico
8.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By Livestock, 2015 - 2026 ($Million)
8.5.3. Market Revenue and Forecast By Form, 2015 - 2026 ($Million)
8.5.4. Market Revenue and Forecast By Source, 2015 - 2026 ($Million)
CHAPTER 9. EUROPE ANIMAL FEED ENZYMES MARKET BY COUNTRY
9.1. Europe Animal Feed Enzymes Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Europe Animal Feed Enzymes Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. UK
9.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Livestock, 2015 - 2026 ($Million)
9.3.3. Market Revenue and Forecast By Form, 2015 - 2026 ($Million)
9.3.4. Market Revenue and Forecast By Source, 2015 - 2026 ($Million)
9.4. Germany
9.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Livestock, 2015 - 2026 ($Million)
9.4.3. Market Revenue and Forecast By Form, 2015 - 2026 ($Million)
9.4.4. Market Revenue and Forecast By Source, 2015 - 2026 ($Million)
9.5. France
9.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Livestock, 2015 - 2026 ($Million)
9.5.3. Market Revenue and Forecast By Form, 2015 - 2026 ($Million)
9.5.4. Market Revenue and Forecast By Source, 2015 - 2026 ($Million)
9.6. Spain
9.6.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.6.2. Market Revenue and Forecast By Livestock, 2015 - 2026 ($Million)
9.6.3. Market Revenue and Forecast By Form, 2015 - 2026 ($Million)
9.6.4. Market Revenue and Forecast By Source, 2015 - 2026 ($Million)
9.7. Rest of Europe
9.7.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.7.2. Market Revenue and Forecast By Livestock, 2015 - 2026 ($Million)
9.7.3. Market Revenue and Forecast By Form, 2015 - 2026 ($Million)
9.7.4. Market Revenue and Forecast By Source, 2015 - 2026 ($Million)
CHAPTER 10. ASIA-PACIFIC ANIMAL FEED ENZYMES MARKET BY COUNTRY
10.1. China
10.1.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
10.1.2. Market Revenue and Forecast By Livestock, 2015 - 2026 ($Million)
10.1.3. Market Revenue and Forecast By Form, 2015 - 2026 ($Million)
10.1.4. Market Revenue and Forecast By Source, 2015 - 2026 ($Million)
10.2. Japan
10.2.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
10.2.2. Market Revenue and Forecast By Livestock, 2015 - 2026 ($Million)
10.2.3. Market Revenue and Forecast By Form, 2015 - 2026 ($Million)
10.2.4. Market Revenue and Forecast By Source, 2015 - 2026 ($Million)
10.3. India
10.3.1. Market Revenue and Forecast ByType, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Livestock, 2015 - 2026 ($Million)
10.3.3. Market Revenue and Forecast By Form, 2015 - 2026 ($Million)
10.3.4. Market Revenue and Forecast By Source, 2015 - 2026 ($Million)
10.4. Australia
10.4.1. Market Revenue and Forecast ByType, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Livestock, 2015 - 2026 ($Million)
10.4.3. Market Revenue and Forecast By Form, 2015 - 2026 ($Million)
10.4.4. Market Revenue and Forecast By Source, 2015 - 2026 ($Million)
10.5. South Korea
10.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Livestock, 2015 - 2026 ($Million)
10.5.3. Market Revenue and Forecast By Form, 2015 - 2026 ($Million)
10.5.4. Market Revenue and Forecast By Source, 2015 - 2026 ($Million)
10.6. Rest of Asia-Pacific
10.6.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
10.6.2. Market Revenue and Forecast By Livestock, 2015 - 2026 ($Million)
10.6.3. Market Revenue and Forecast By Form, 2015 - 2026 ($Million)
10.6.4. Market Revenue and Forecast By Source, 2015 - 2026 ($Million)
CHAPTER 11. LATIN AMERICA ANIMAL FEED ENZYMES MARKET BY COUNTRY
11.1. Latin America Animal Feed Enzymes Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Latin America Animal Feed Enzymes Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. Brazil
11.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By Livestock, 2015 - 2026 ($Million)
11.3.3. Market Revenue and Forecast By Form, 2015 - 2026 ($Million)
11.3.4. Market Revenue and Forecast By Source, 2015 - 2026 ($Million)
11.4. Mexico
11.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By Livestock, 2015 - 2026 ($Million)
11.4.3. Market Revenue and Forecast By Form, 2015 - 2026 ($Million)
11.4.4. Market Revenue and Forecast By Source, 2015 - 2026 ($Million)
11.5. Rest of Latin America
11.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By Livestock, 2015 - 2026 ($Million)
11.5.3. Market Revenue and Forecast By Form, 2015 - 2026 ($Million)
11.5.4. Market Revenue and Forecast By Source, 2015 - 2026 ($Million)
CHAPTER 12. MIDDLE EAST & Africa ANIMAL FEED ENZYMES MARKET BY COUNTRY
12.1. Middle East & Africa Animal Feed Enzymes Market Revenue and Growth Rate, 2015 - 2026 ($Million)
12.2. Middle East & Africa Animal Feed Enzymes Market Revenue Share Comparison, 2015 & 2026 (%)
12.3. GCC
12.3.1. Market Revenue and Forecast ByType, 2015 - 2026 ($Million)
12.3.2. Market Revenue and Forecast By Livestock, 2015 - 2026 ($Million)
12.3.3. Market Revenue and Forecast By Form, 2015 - 2026 ($Million)
12.3.4. Market Revenue and Forecast By Source, 2015 - 2026 ($Million)
12.4. South Africa
12.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
12.4.2. Market Revenue and Forecast By Livestock, 2015 - 2026 ($Million)
12.4.3. Market Revenue and Forecast By Form, 2015 - 2026 ($Million)
12.4.4. Market Revenue and Forecast By Source, 2015 - 2026 ($Million)
12.5. Rest of Middle East & Africa
12.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
12.5.2. Market Revenue and Forecast By Livestock, 2015 - 2026 ($Million)
12.5.3. Market Revenue and Forecast By Form, 2015 - 2026 ($Million)
12.5.4. Market Revenue and Forecast By Source, 2015 - 2026 ($Million)
CHAPTER 13. COMPANY PROFILE
13.1. BASF SE
13.1.1. Company Snapshot
13.1.2. Overview
13.1.3. Financial Overview
13.1.4. Product Portfolio
13.1.5. Key Developments
13.1.6. Strategies
13.2. Biocatalyst
13.2.1. Company Snapshot
13.2.2. Overview
13.2.3. Financial Overview
13.2.4. Product Portfolio
13.2.5. Key Developments
13.2.6. Strategies
13.3. AB Enzymes
13.3.1. Company Snapshot
13.3.2. Overview
13.3.3. Financial Overview
13.3.4. Product Portfolio
13.3.5. Key Developments
13.3.6. Strategies
13.4. Advanced Enzymes Technologies
13.4.1. Company Snapshot
13.4.2. Overview
13.4.3. Financial Overview
13.4.4. Product Portfolio
13.4.5. Key Developments
13.4.6. Strategies
13.5. E. I. du Pont de Nemours and Company
13.5.1. Company Snapshot
13.5.2. Overview
13.5.3. Financial Overview
13.5.4. Product Portfolio
13.5.5. Key Developments
13.5.6. Strategies
13.6. Associated British Foods plc
13.6.1. Company Snapshot
13.6.2. Overview
13.6.3. Financial Overview
13.6.4. Product Portfolio
13.6.5. Key Developments
13.6.6. Strategies
13.7. Koninklijke DSM N.V
13.7.1. Company Snapshot
13.7.2. Overview
13.7.3. Financial Overview
13.7.4. Product Portfolio
13.7.5. Key Developments
13.7.6. Strategies
13.8. Adisseo France SAS (France)
13.8.1. Company Snapshot
13.8.2. Overview
13.8.3. Financial Overview
13.8.4. Product Portfolio
13.8.5. Key Developments
13.8.6. Strategies
13.9. Azelis Holdings SA
13.9.1. Company Snapshot
13.9.2. Overview
13.9.3. Financial Overview
13.9.4. Product Portfolio
13.9.5. Key Developments
13.9.6. Strategies
13.10. Rossari Biotech Ltd
13.10.1. Company Snapshot
13.10.2. Overview
13.10.3. Financial Overview
13.10.4. Product Portfolio
13.10.5. Key Developments
13.10.6. Strategies
13.11. BIO-CAT
13.11.1. Company Snapshot
13.11.2. Overview
13.11.3. Financial Overview
13.11.4. Product Portfolio
13.11.5. Key Developments
13.11.6. Strategies
13.12. Others
13.12.1. Company Snapshot
13.12.2. Overview
13.12.3. Financial Overview
13.12.4. Product Portfolio
13.12.5. Key Developments
13.12.6. Strategies
CHAPTER 14. RESEARCH APPROACH
14.1. Research Methodology
14.1.1. Initial Data Search
14.1.2. Secondary Research
14.1.3. Primary Research
14.2. Assumptions and Scope
