Global Animal Feed Enzymes Market US$ 2,100 Mn by the end of 2026 | Top Key Player: BASF SE, E. I. Du Pont De Nemours and Company, Associated British Foods PLC, Azelis Holdings SA, Novus International
A latest research report titled as “Animal
Feed Enzymes Market
- Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 -
2026” has been
recently added to the vast portfolio of Market Research Reports
Search Engine (MRRSE) online research offerings.
This report is a professional and in-depth analysis on the present state and
future prospect for the global market. It provides valuable information to the
industry insiders, potential entrants or investors. It includes an exhaustive
enquiry with the reliability of logic and the comprehensiveness of contents.
Surge in the
production of the livestock such as poultry, fish and pigs has led to an
upsurge in demand for animal feed enzyme. Growing need for ingredients that
improve the livestock quality and keep the energy values and metabolism rate
intact is expected to impact growth of the global animal feed enzymes market
positively. Prevalence of food-borne diseases has further led to an upsurge in
demand for the animal feed additives during the forecast period. Manufacturers
are increasingly adopting nanotechnology in order to boost production of feed
enzyme during the forecast period.
According to Market
Research Reports Search Engine (MRRSE), the global animal feed enzymes market
is expected to represent a value of over US$ 2,100 Mn by the end of 2026.
Growing prevalence of
various food borne diseases and zoonotic diseases such as avian flus is
expected to rev up demand for the feed additives during the forecast period.
For instance, the European Food Safety Authority (EFSA) has estimated that
nearly 320,000 cases of the zoonotic and food borne diseases occur every year
in the EU countries. In addition, around 220,000 people in the EU were
significantly infected with zoonotic diseases such as campylobacteriosis in
2012. Bound to these factors, demand for the adequate gut-friendly additives
such as phytogenic nutrients, probiotics and amino acids will continue to
remain high, attributed to various healthy features.
Retail chains that are
supplying the meat products in the developed countries such as Australia, U.K.,
Netherlands and the U.S. have raised their safety measures and quality
standards before supplying products to the end users. Increasing awareness
among customers regarding the product safety and meat quality is further
expected to rev up demand for the animal feed additives in the global market.
Demand for high quality of meat products and safety standards will continue to
impact growth of the global animal feed enzymes market positively.
Outlook latest
trends and insights prevalent in this market @ https://www.mrrse.com/animal-feed-enzymes
Manufacturers are
focusing on adopting nanotechnology in order to boost the production of animal
feed enzymes in the global market. Production of the animal feed enzyme through
nanotechnology further boosts the digestive capacity and drug absorption in the
livestock. Nanotechnology further helps in developing innovative and advanced
drug delivery systems, which allows the end users to insert medicated feed
additives such as small quantity of antibiotics. These factors will continue to
contribute towards growth of the global animal feed enzymes market during the
forecast period.
Increasing strategic
partnerships and collaborations among the manufacturing companies continue to
extend across the supply chains. High investment in aquaculture is further
expected to contribute towards growth of the global animal feed enzymes market
with the increasing adoption of fish as a staple food. With the growing
consumption of pork in countries such as Germany and China, demand for swine
feed enzymes will continue to increase during the forecast period. Bound to these
factors, growth of the global animal feed enzymes market is expected to
increase significantly during the forecast period.
Growing need to
improve the digestion process and improve nutrient uptake has led to an upsurge
in demand for carbohydrases globally. On the basis of product type, the
carbohydrases segment is expected to generate significant revenues, accounting
for a value of over US$ 200 Mn by the end of 2026. On the other hand, the
proteases product type segment is expected to register the highest CAGR
throughout the forecast period.
Based on form, the dry
segment is expected to represent significant revenue growth, recording a value
of over US$ 200 Mn by the end of 2017. Moreover, the dry form segment is
expected to register a robust CAGR through 2026.
Leading market players
operating in the global animal feed enzymes market include Novozymes, BASF SE,
E. I. Du Pont De Nemours and Company, Associated British Foods PLC, Azelis
Holdings SA, Novus International, Inc., Rossari Biotech Ltd, Bio-Cat, Alltech
Inc. and Lesaffre.
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