Asia-Pacific Feed Enzymes Market has been estimated at USD 26.29 Billion in 2021 and is projected to reach USD 37.56 Billion by 2026, at a CAGR of 7.40% during the forecast period from 2021 to 2026.
Feed enzymes are artificial feed additives that are added for supporting animal growth and for controlling infectious diseases prevalent in animals. Feed enzymes assist in raising the rate of biochemical reactions that supports the animal’s life. They are useful in the extraction of extra nutrients from the animal feed and helps reduction of animal waste, which reduces the amount of nitrogen and phosphorus in animal excreta, which has a protective effect on the environment.
Asia-Pacific Feed Enzymes Market Drivers:
Increased consumption of meat due to a shift in the lifestyles of consumers, rising awareness on the safety and quality of meat, growing customer attention towards superior quality feed grades which should be balanced and nutritive, are some of market drivers in the Asia-Pacific region. Government regulatory structure and interventions in terms of sales and pricing, and uncontrollable environment conditions are the factors that might hinder the feed enzymes market growth.
Asia-Pacific Feed Enzymes Market - By Ingredients:
Carbohydrase
Asia-Pacific Feed Enzymes Market - By Animal Type:
Poultry and swine segments comprises majority of feed enzyme market share followed by ruminants. Carbohydrase are the most widely used enzymes.
The Market is Geographically divided into:
Geographically, Asia-Pacific Market for Feed Enzymes is segmented into China, India, Japan, Australia, Thailand and Others. China is the major manufacturer which accounts for around half of the production of feed Enzymes in Asia-Pacific region. Thailand and Australia are the fastest growing markets within the region. Production in China and India is steadily growing which is resulting in increased demand for feed enzymes for pork and poultry industries.
Key Players:
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 New Developments
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 By type of ingredient
5.1.1 Carbohydrase
5.1.2 Phytase
5.1.3 Others
5.2 By type of animals
5.2.1 Ruminant
5.2.2 Swine
5.2.3 Poultry
5.2.4 Aquaculture
5.2.5 Others
6. Geographical Analysis
6.3 Asia-Pacific
6.1 Introduction
6.2 China
6.3 India
6.4 Japan
6.5 Australia
6.6 Thailand
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Lesaffre Group
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Strategic Evaluation and Operations
8.1.4 Financial analysis
8.1.5 Legal issues
8.1.6 Recent Developments
8.1.7 SWOT analysis
8.1.8 Analyst View
8.2 DuPont
8.3 DSM
8.4 BASF Corporation
8.5 Alltech
8.6 Novozymes
8.7 Adisseo France
8.8 AB Enzymes GmbH
8.9 Advanced Enzymes Technologies Limited
8.10 Amano Enzyme Inc.
8.11 Biocatalysts Ltd
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Expert Opinions
10.1 Market Outlook
10.2 Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
