In livestock and poultry industry, animal feeds account for large part of the investment. Animal feed enzymes additives help the livestock industry to produce more meat faster and at lesser cost per animal. Animal feed enzymes are derived from plants, animals, microorganisms and some others. These enzymes can improve the metabolism and the nutrient absorbing capacity, along with removal of anti-nutritional elements. The value of the global animal feed enzymes market is projected to surpass USD 1.5 billion by 2022, growing with a CAGR between 7.0% and 7.5% from 2016 to 2022.
New legislations in the livestock and poultry industries prohibit use of chemicals and drugs that promote growth. This provides an opportunity for the major players in the animal feed enzymes market to target expansion, as the demand for low cost feed additives is expected to grow significantly. Moreover, the increase in demand for packaged meat products is expected to drive more demand for feed enzymes to produce high quality meat and improve animal health in the near future.
The report segments the global feed enzymes market by livestock, type and region. In terms of livestock, the market is segmented into aquatic animals, cattle, poultry, ruminants, swine and some others. Further, based on type, the market is segmented as phytase, protease, carbohydrase, lipase and non-starch polysaccharides (xylanase, ß-glucanase, cellulase, mannanase, pectinase etc).
Geographic Coverage and Analysis:
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. Asia- Pacific region accounted for the largest market size over the period of 2014 to 2015, and it is expected to continue its dominance over the forecast period, primarily due to large livestock population India and China. In Europe, the regulations drove the demand for the animal feed enzymes.
In North America, significant demand for pork and poultry meat in the U.S. has escalated the market size of feed enzymes over the past couple of years. The rising awareness among farmers and customers about need for safe and healthier meats is a positive sign for this market. As meat industry move towards healthier feed option, the matured economies are also expected boost the growth in this market.
The companies covered in the report include AB Vista, Archer Daniels Midland Company, Adisseo France SAS, Alltech, Inc, BASF SE, Cargill, Inc, DuPont, Evonik Industries AG, Hansen Holding and Novozymes
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand of animal feed enzymes globally as well as regionally. Moreover, the author's growth matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter’s five forces analysis and value chain analysis of animal feed enzymes. Moreover, the study highlights current market trends and provides forecast from 2016 to 2022.
We also have highlighted future trends in the animal feed enzymes market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. Additionally, the analysis highlights rise and fall in the market shares of the key players in the market. This report will help manufacturers, suppliers and distributors of the animal feed enzymes market to understand the present and future trends in this market and formulate their strategies accordingly.
1.1 Report Description
1.2 Research Methods
1.3 Research Approaches
2. Executive Summary
3. Global Animal Feed Enzymes Market Overview
3.2 Market Dynamics
3.3 Porter’s Five Forces Analysis
3.4 Growth Matrix Analysis
3.5 Competitive Landscape in the Feed enzymes Market
4. Global Animal Feed Enzymes Market Analysis, by Livestock, 2014-2022
4.1 Aquatic Animals
5. Global Animal Feed Enzymes Market Analysis, by Type, 2014-2022
5.5 Non-Starch Polysaccharides
6. Global Animal Feed Enzymes Market Analysis, by Region, 2014-2022
6.1 North America
6.1.1 North America Animal Feed Enzymes Market by Source
6.1.2 North America Animal Feed Enzymes Market by Livestock
6.1.3 North America Animal Feed Enzymes Market by Type
6.2.1 Europe Animal Feed Enzymes Market by Source
6.2.2 Europe Animal Feed Enzymes Market by Livestock
6.2.3 Europe Animal Feed Enzymes Market by Type
6.3.1 Asia-Pacific Animal Feed Enzymes Market by Source
6.3.2 Asia-Pacific Animal Feed Enzymes Market by Livestock
6.3.3 Asia-Pacific Animal Feed Enzymes Market by Type
6.4 Rest of the World (RoW)
6.4.1 RoW Animal Feed Enzymes Market by Source
6.4.2 RoW Animal Feed Enzymes Market by Livestock
6.4.3 RoW Animal Feed Enzymes by Type
7. Company Profiles
7.1 AB Vista
7.2 Archer Daniels Midland Company
7.3 Adisseo France SAS
7.4 Alltech, Inc
7.5 BASF SE
7.6 Cargill, Inc.
7.8 Evonik Industries AG
7.9 Hansen Holding A/S
7.10 Novozymes A/S