Asia-Pacific Feed Enzymes Market

Asia-Pacific Feed Enzymes Market Size & Growth 2022 - 2027

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 2022 - 2027.

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 environmental conditions are the factors that might hinder the feed enzymes market growth.

Market Segmentation:

Asia-Pacific Feed Enzymes Market - By Ingredients:

• Carbohydrase

• Phytase
• Others

Asia-Pacific Feed Enzymes Market - By Animal Type:

• Ruminant
• Swine
• Poultry
• Aquaculture
• Others

Poultry and swine segments comprise the majority of feed enzymes market share followed by ruminants. Carbohydrates are the most widely used enzyme.

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 the 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:

• DuPont
• DSM
• BASF Corporation
• Alltech
• Novozymes
• and Adisseo France
• AB Enzymes GmbH
• Advanced Enzymes Technologies Limited
• Amano Enzyme Inc. Bio-Vet JSC
• Biocatalysts ltd
• Chr. Hansen Inc
• Enmex Sa De Cv
• Lesaffre Group
• PURATOS GROUP
• Rossari Biotech Limited
• Shenzhen Leveking Bio-Engineering Co. Ltd
• Sunson Industry Group Company Limited