DUBLIN--(BUSINESS WIRE)--The "Global Feed Enzymes Market - Growth, Trends and Forecasts (2017 - 2022)" report has been added to Research and Markets' offering.
Feed enzymes have become a crucial part of commercial animal feeds and the market for the former is estimated to touch USD 1466 million by 2021, growing at a CAGR of over 7.3% during 2017-2022. Enzymes are natural proteins that are secreted by all animals as part of the feed digestion process. These are naturally formed and secreted in the animal body to digest carbohydrates, lipids, proteins, and mineral complexes.
Feed enzymes are included in feeds to improve the utilisation of energy and nutrients or to degrade several undesired components. These feed enzymes primarily improve the gut and performance of animals while considerably reducing feed and waste management costs thus making animal farming sustainable. Usage of enzymes improves animal performance, the profitability of livestock farmers and reduces environmental pollution. The end consumers of feed enzymes are compound feed manufacturers, integrators, farmers, home-mixers, livestock, and aquaculture industry.
The absence of certain enzymes in the livestock has led to the wastage of few essential nutrients and increased the cost of feeds to compensate the appropriate nutritional elements, but the inclusion of feed enzymes is an effective substitute to achieve optimum feed efficiency. Demand for high-quality meat, developing economies with disposable income and industrialisation of livestock industry have majorly driven the growth of the feed enzymes market. The main obstacle to the growth of feed enzymes market is the rising cost of critical raw materials and price volatility of agricultural commodities. Asian countries like India, Vietnam, and Thailand, etc. would provide the future growth potential for the market.
Companies Mentioned:
- Ab Enzymes Gmbh
- Advanced Enzymes Technologies Limited
- Amano Enzyme Inc.
- Alltech Inc.
- Adisseo France S.A.S.
- BASF SE
- Biovet Jsc
- Biocatalysts Limited
- Chr. Hansen Holding A/S.
- Danisco A/S
- E.I. Dupont De Nemours & Company
- Enmex Sa De Cv
- Lesaffre Group
- Novozymes A/S
- Puratos Group Nv
- Rossari Biotech Limited
- Royal Dsm N.V.
- Shenzhen Leveking Bio-Engineering Co. Ltd
- Sunson Industry Group Company Limited
Key Topics Covered:
1. Introduction
2. Key Findings
3. Market Overview
4. Market Segmentation
5. Competitive Landscape Overview
6. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/frgt47/global_feed
