Animal Feed Enzymes Market Size Growth - By Product (Phytase, Carbohydrase), By Formulation (Liquid, Dry), By Application (Poultry, Pigs), and By Region: Statistics Reports, Supply & Demand Analysis, Global Opportunity 2024-2030

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Global Market Synopsis, Forecast, Trend, and Growth Up To 2030

Animal Feed Enzymes Market size was valued at US$ 1.65 Bn in 2023, registering a CAGR of 4.5% during the forecast period (2024-2030), and the market is projected to be worth US$ 2.07 Bn by 2030.

The report includes Vendor Assessment (Company Profiles, Market Positioning, Strategies, Recent Market Updates, Capabilities & Product Offerings / Mapping), Technology Assessment (Developments & Economic Impact), Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competitive Index & Regional Footprint by Global Industry Hub.

Animal Feed Enzymes Market Scope:

• A basic overview of the competitive landscape
• A detailed breakdown of the regional market
• A brief overview of market segmentation

 

• Novozymes
• DSM
• BASF SE
• Danisco A/S
• ENMEX S.A. de C.V.
• Advanced Enzymes
• Adisseo
• Elanco
• BioResource International, Inc. (BRI)
• Bioproton Pty Ltd.
• AB Vista
• Behn Meyer Holding AG

 

Scope of the Report:

The Animal Feed Enzymes market is divided based on product, end user, application, and region. Each category has various sub-segments, and current trends in each segment help producers target specific customers effectively.

Important Features of the Report:

• Detailed analysis of the Animal Feed Enzymes market
• Fluctuating market dynamics
• Historical, current, and projected market size
• Recent industry trends
• Competitive landscape
• Strategies of key players
• Potential growth segments/regions
• A neutral perspective on market performance 

 Our Sample Report Includes:

• Introduction, overview, and in-depth industry analysis updated for 2030.
• A research report spanning over 150+ pages, including updated research.
• Updated regional analysis for 2024 with the graphical representation of size, share, and trends.
• An updated list of tables and figures.
• Top market players with their business strategy, sales volume, and revenue analysis.

Reasons for buying this report:

• Make informed decisions with analytical data
• Understand key product segments
• Identify market dynamics like drivers, restraints, trends, and opportunities
• Analyze regional markets and stakeholder profiles

 

• Product Outlook

  • Phytase

  • Carbohydrase

  • Proteases

  • Other Products

• Formulation Outlook

  • Dry

  • Liquid

• Application Outlook

  • Poultry

  • Pigs

  • Ruminants

  • Pets

  • Aqua

  • Equine

• Regional Outlook

  • North America

    • U.S.

  • Europe

    • Spain

    • Russia

  • Asia Pacific

    • China

    • India

  • Central & South America

    • Brazil

  • Middle East and Africa

    • South Africa

 

Key players in the industry are adopting growth strategies like partnerships, collaborations, mergers and acquisitions, and awareness programs to strengthen their market presence. The report also lists industry players for end users, facilitating communication between manufacturers and consumers.

Recent Market Updates:

 

• In June 2024, BASF SE announced the sales of its bioenergy enzymes business, including the Spartec product line, to subsidiaries of Lallemand. Lallemand is expected to integrate the business into its Lallemand Biofuels and Distilled Spirits unit. This move aligns with Lallemand's focus on the fuel ethanol industry, based on its collaboration with BASF SE since 2017. BASF SE is expected to continue focusing on enzyme activities in animal feed and detergents, while Lallemand aims to expand its biofuels portfolio.

• In December 2023, Kerry Group plc announced an agreement to acquire a portion of the global lactase enzymes business of Novozymes on a carve-out basis. This acquisition is expected to introduce enzyme technology that aids in manufacturing lactose-free and sugar-reduced dairy products while maintaining their authentic, clean taste. The acquisition is expected to cost around USD 161.81 million.

 

Regional Analysis for Animal Feed Enzymes Market:

• North America(the United States, Canada, and Mexico)
• Europe(Germany, France, UK, Russia, and Italy)
• Asia-Pacific(China, Japan, Korea, India, and Southeast Asia)
• South America(Brazil, Argentina, Colombia, etc.)
• The Middle East and Africa(Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) 

The Research Provides Answers to the Following Key Questions:

1. What is the expected growth rate of the Animal Feed Enzymes market from 2024 to 2030?
2. What are the major driving forces shaping the industry?
3. Who are the major vendors dominating the market, and what are their winning strategies?
4. What trends can business owners expect in the coming years?
5. What threats and challenges might hinder industry progress?
6. What opportunities can business owners capitalize on from 2024 to 2030?