Animal Feed Enzymes Market

Animal Feed Enzymes Market Size & Growth 2022 - 2027:

Animal Feed Enzymes Market size is expected to reach USD 1.6 billion by 2026, and growing at a CAGR between 7.3% from 2022 - 2027.

Enzymes, generally refer to chemicals or catalysts released by cells that speed up specific chemical reactions. They include enzymes released in the digestive tract which help in the digestion of food. These enzymes are now added to animal feed also. There are mainly three types of enzymes: phytase, carbohydrase, and protease. They speed up different chemical and biochemical reactions in the animal body thereby making them physically fit. These enzymes can withstand acidic pH conditions and pelleting temperatures during feed processing operations. In addition, feed enzymes lower the viscosity of non-starch polysaccharides in animal fodder which helps in the digestion rate of animals.

Market Drivers:

The significant drivers are rising awareness about feed quality to improve animal health and increasing health consciousness along with the growing population. Also, Indigestion due to lack of essential enzymes affects livestock health and creates a demand for fodder additives, which is expected to boost the industry. However, fluctuating prices of raw materials due to the seasonal nature of crops and government regulations are a major constraint.

ANIMAL FEED ENZYMES MARKET REPORT COVERAGE:

Market Segmentation:

Animal Feed Enzymes Market – By Product:

• Phytase

• Carbohydrase
• Protease
• Non-starch polysaccharides

Phytase had nearly two-fifth of the market share and is expected to further increase owing to improved metabolism and reproduction processes among livestock due to high phosphorus content.

Animal Feed Enzymes Market – By Form:

• Dry
• Liquid

The dry segment dominates the market and has around three- fourth of the market share. This is largely due to properties like better thermal stability in food processing as compared to liquid form and easy handling.

Animal Feed Enzymes Market – By Livestock:

• Poultry
• Swine
• Aquaculture
• Ruminant

Animal Feed Enzymes Market – By Region:

• North America
• Europe
• Asia-Pacific
• Latin America
• the Middle East and Africa

North America is expected to have the largest share followed by Europe. Asia Pacific is expected to have the fastest growth due to factors like rising meat consumption in these regions.

Key Players:

Foodchem International, Novozymes, ENMEX, Duo Point, Chr Hansen Holding A/S, DSM N.V., Flavorchem Corporation, DD Williamson & Co., BioExtract and Nutralliance are some of the key players in the Animal Feed Enzymes market.