Feed enzymes are either plant-derived or chemical ingredients used to boost the quality of the animal nutrition as well as nutritional properties of the animal fodder. The feed enzyme helps to stimulate and secrete digestive enzymes, which, in turn, boost an immune response. Additionally, feed enzymes market is observing an exponential growth based on its high usage in the feed industry. Rising health concerns is one of the major factors contributing to the growth of the global feed enzymes market.
Global Key Players and Competition Analysis
Some of the key players profiled in the feed enzymes market: BASF SE (Germany), E. I. du Pont de Nemours and Company (U.S.), Associated British Foods plc (U.K), Koninklijke DSM N.V. (the Netherlands), Behn Meyer Holding AG (Germany), Adisseo France SAS (France), Azelis Holding S.A. (Belgium), Novus International, Inc. (U.S.), Rossari Biotech Ltd. (India), and Alltech, Inc. (U.S.)
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The feed enzymes market is segmented into type, livestock, and form. Based on the type, it is segmented into protease, phytase, and others. On the basis of the livestock, it is segmented into swine, poultry, ruminants, aquatic animals, and others. On the basis of the form, it is segmented into dry, liquid, and others.
The Feed Enzymes Market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). The North American region is dominating the market followed by the Asia Pacific owing to the increasing demand for nutritive protein-based feed products among the developed countries of these regions. Canada, Germany, the U.K, the U.S., and China are the major importers of feed enzymes.
Growing population in developing countries has increased the demand for production of poultry, ruminants, and other livestock for consumption, which has uplifted the demand for feed enzymes in the market. Furthermore, increasing consumption of poultry and meat products is adding fuel to the growth of the global feed enzymes market.
Browse the market data and information spread across 110 pages with 25 data tables and 15 figures of the report “Feed Enzymes Market Research Report- Global Forecast till 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/feed-enzymes-market-5130
MRFR has Published a half-cooked research report on the global feed enzymes market, which is estimated to grow at a CAGR of 9.2% during the forecast period, 2017-2023.
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