The report on the
global Feed
Enzymes Market meticulously studies the dynamics of this
industry with respect to market trends, forecasts, and growth
inhibitors and impellers. The report takes a close look at the feed
enzymes market of the future to help market participants brace for
change. The demand-supply dynamics are measured using accurate and
reliable tools, thus enabling our analysts to offer a bird’s eye
view of the global market for feed enzymes.
To facilitate
detailed analyses, the report divides the market into segments and
sub-segments. This multi-level study of the feed enzymes market
enables us to offer a granular view of the market forces that really
matter. The key products in the global feed enzymes market are
protease, phytase, and non-starch polysaccharide enzymes. Each of
these products is studied at the global as well as regional levels.
Gaining a perspective of past market trends and their future role is
equally important, which is why this report offers an analysis of
historical data. Each key driver and inhibitor mentioned in the
report is examined individually, and supplemented with a number of
charts, figures, graphs. The market research report on the global
feed enzymes market offers market estimates for the period 2012 to
2018.
Overview of the
global feed enzymes market
Animal feed enzymes
have, to a large extent, underpinned growth in the global market for
animal feed, especially in the backdrop of increasing meat
consumption worldwide. The use of enzymes is central to the quality
of animal feed because they accelerate biochemical reactions that
help improve the nutritional value and quality of feed. For the most
part, the feed enzymes market is composed of non-organic products.
These are used as additives to supplement the growth of animals, and
improve their resistance to diseases and infections.
Over the last few
years, many countries have banned the use of antibiotics in animal
feed. This has shifted demand towards feed enzymes, which are both
rich in nutrition and environment friendly.
All of these factors
are collectively contributing to the rapid and continued growth of
the animal feed enzymes market, which is further estimated to grow at
a healthy rate over the forecast period of this report. Livestock
breeders and farmers are increasingly turning towards feed enzymes as
a solution to mitigating the outbreak of various diseases. Yet, a
chief inhibitor to growth is the rising cost of raw material is
pushing up the prices of feed enzymes. Despite this, non-natural feed
enzymes are regarded as a cheaper alternative to natural feed
products by many farmers and breeders. This factor will prove
favorable to the global feed enzymes market in the years to come.
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Globally, the feed
enzymes market has the largest consumer base in the European region,
where pastures and livestock rearing still remains a key component of
economies. In the near future however, markets in Latin America and
Asia Pacific will be on an upswing and will create lucrative growth
opportunities for players in the feed enzymes market.
Segmentation of
the global feed enzymes market
The global feed
enzymes market is segmented broadly on product types such as:
protease, phytase, and non-starch polysaccharide enzymes. The most
promising growth is expected to take place in the protease enzyme
segment. This segment will overtake the currently-dominant non-starch
polysaccharide enzymes segment, in revenue terms. In the Asia Pacific
region, phytase is the most widely-used enzyme, and will continue to
demonstrate strong growth over the forecast period.
The global feed
enzymes market is further segmented by subtypes as: pectinase,
xylanase, cellulase, mannose and a-glucanase.
By application, the
feed enzymes market can be segmented as: aqua feed, swine feed,
ruminant feed and poultry feed.
Companies mentioned
in the global feed enzymes market research report
The global feed
enzymes market lacks diversity, and is thus highly concentrated.
Leading market participants include: BASF SE, AB Vista, Novozyme,
Addiseo, and DuPont.
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