Animal Feed Enzymes Market By Product Type (Phytase, Carbohydrase, Protease, Non-Starch Polysaccharides), By Product Form (Liquid, Dry), By Livestock (Poultry, Swine, Ruminant, Aquaculture) - Growth, Share, Opportunities & Competitive Analysis, 2017 – 2025

Animal feed enzymes helps to increase the nutrition proportion in animal foodstuff and also lower the amount of animal waste. Increasing consumer awareness regarding the meat quality and various dairy products, along with the rising consumption of meat has led to inclusion of feed additives into animal feed. The poultry segment is likely to lead the market in forecast period. Poultry segment is the second largest meat producer in the global meat industry, due to the high consumption of poultry meat globally, disparate beef and pork. Contemporary outburst of diseases, for instance bird flu, had a positive impact on the expansion of the poultry feed additives market; which in turn has increased awareness about poultry health and meat quality. Based on product type phytases had the highest share of revenue over 80% of the total industry in 2016. The products contain phosphorus which is helpful for improving metabolism in animals.

Europe is the leading market for animal feed enzyme market, wherein, Spain animal feed enzymes market is expected to show a growth of over 6% in 2025. European region has a strong distribution channel along with the large consumer market, which in turn facilitates the market growth. North America is the second largest market for animal feed enzymes. Strong presence of a livestock production and firm food safety rules and regulations is the major factor driving the U.S. animal feed enzymes market. Asia Pacific is the fastest growing market for animal feed enzymes. China, Japan and India are the major markets of Asia Pacific.

The report titled “Global Animal Feed Enzymes Market - Growth, Future Prospects and Competitive Analysis, 2017– 2025” offers strategic insights into the global animal feed enzymes industry along with the market size and estimates for the duration 2015 to 2025. The said research study covers in-depth analysis of multiple market segments based on animal feed enzymes market size, product type and cross-sectional study across different geographies. The study covers the comparative analysis of different segments for the years 2016 & 2025. The report also provides a prolific view on market dynamics such as market drivers, trends, restraints and opportunities. The report incorporates a separate section highlighting key trends analysis of the overall animal feed enzymes market.

In order to help the strategic decision makers, the report also includes profiles of the leading animal feed enzymes manufacturers, their business strategies and key developments. Some of the major players profiled in the report are Adisseo France SAS, Alltech Inc., Associated British Fzoods PLC, Azelis Holdings SA, BASF SE, Bio-Cat, Koninklijke DSM N.V., Lesaffre, Novus International, Inc., Rossari Biotech Ltd, and Royal DSM N.V. Further, the report also covers market positioning of the key players operating in the animal feed enzymes market. The section further includes a brief on key strategies adopted by the major players operating in the market. Other in-depth analysis provided in the report includes:

• Current and future market trends to justify the forthcoming attractive markets within the animal feed enzymes market
• Market driver, market impediments, and their impact on the market growth
• In-depth competitive environment analysis
• Trailing 2-Year market size data (2015 – 2016)
• SRC (Segment-Region-Country) Analysis
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Overall, the research study provides a holistic view of the global animal feed enzymes market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above mentioned factors.

Based on the livestock, the animal feed enzymes market is segmented as follows:

• Poultry
• Swine
• Ruminant
• Aquaculture
• Others (Pets, Equine)

Poultry has the largest market share of more than 40%, as of 2016. High consumption of poultry products has created a huge demand for feed enzymes across the world. Livestock enzymes helps to strengthen immune system, promotes weight gain in the livestock and increase their growth rate. Ruminants and swine segment together consist of more than 38% of the overall revenue. Farm animals such as cows, sheep, goats and buffaloes require special care due to their sensitive digestive capacity; thus, there is a huge demand for enzymes market from the ruminants segment. Increasing consumption of meat has led to growth of the animal feed market at rapid pace. Animal feed enzymes helps boosting milk production and lactation in grass feeding animals. Additionally, these enzymes have no side effects on the animals’ health, thereby supporting the adoption.

For the purpose of this study, the global animal feed enzymes market is categorized into the following geographies and sub-geographies:

• North America (U.S., Canada)
• Europe (U.K., Germany, Rest of Europe)
• Asia Pacific (Japan, China, India and Rest of Asia Pacific)
• Latin America (Brazil, Mexico, and Rest of Latin America)
• Middle East and Africa (GCC and Rest of the Middle East & Africa)

Europe is the leading animal feed enzyme market with a share of 37.61% of the overall market in 2016, followed by North America and Asia Pacific. Germany and Spain are the largest animal livestock manufacturers in the Europe region. In North America, U.S. is the key animal livestock market, as it has deep-rooted meat production industry. Asia Pacific is likely to have a rapid growth in the animal feed enzyme market, due to socio-economic changes and rising meat consumption. Growing population, rapid urbanization, increasing food safety awareness and investment in R&D are key factors fuelling the demand for animal feed enzymes in Asia Pacific region.