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Asia Pacific Animal Feed Enzymes Market By Product (Phytase, Carbohydrase, Protease, Non-starch Polysaccharides) By Form (Dry And Liquid) By Livestock (Poultry, Swine, Aquaculture, Ruminant)and By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2022 to 2027).

Published: March, 2023
ID: 5397
Pages: 145
Formats: report pdf report excel report power bi report ppt

Asia Pacific Animal Feed Enzymes Market Size, Growth, Trends and Forecast:

Asia Pacific Animal Feed Enzymes Market is worth USD xx million in 2021 and estimated to grow at a CAGR of xx.xx%, to reach USD xx million by 2026. The Asia Pacific Animal Feed Enzymes market is developing at an exceptionally quick pace.

Enzymes, generally refer to chemicals or catalysts released by cells which 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 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 help in the digestion rate of animals.

Asia Pacific Animal Feed Enzymes Market Drivers:

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

Asia Pacific Animal Feed Enzymes Market Segmentation:

Asia Pacific 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.

Asia Pacific Animal Feed Enzymes Market – By Form:

  • dry
  • liquid

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.

Asia Pacific Animal Feed Enzymes Market – By Livestock:

  • Poultry
  • Swine
  • Aquaculture
  • Ruminant

Geographical Analysis

Asia Pacific is geographically segmented into

  • China
  • India
  • Japan
  • South Korea
  • Taiwan
  • Australia
  • South East Asia

Asia Pacific region is expected to witness significant growth owing to factors like increasing milk and meat consumption especially in emerging countries like China and India.

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 Asia Pacific Animal Feed Enzymes market.

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