Feed enzymes offer unprecedented digestibility, increasing the availability of phosphorus, calcium, energy and amino acids to the animal. The use of enzymes is central to the quality of animal feed because they accelerate biochemical reactions that help improve the nutritional value and quality of feed. They are added in animal nutrition to improve utilization of energy and nutrients or to degrade undesired components. Feed enzymes play an important role in modern agriculture.
Europe Feed Enzymes market has been estimated at USD 32.13 Billion in 2018 and is projected to reach USD 43.4 Billion by 2023, at a CAGR of 6.20% during the forecast period from 2018 to 2023.
Soaring costs of natural feed products is making the consumers shift their focus on the adoption of efficient animal feed enzymes. Thus, the demand for animal feed enzymes is increasing. Increased consumption of meat due to change in lifestyle and rising awareness on the safety and quality of meat is driving the market growth. But due to government rules and regulations on sales and pricing, market growth is getting affected.
Europe market for Feed Enzymes is segmented into Ingredient and animal type. Each of these segments are further sub segmented into, Ingredients: Carbohydrase, Phytase, others and Animal Type: Ruminant, Swine, Poultry, Aquaculture and others. Poultry and swine segments comprises majority of feed enzyme market share followed by ruminants. Carbohydrase are the most widely used enzymes.
Geographically, Europe Market for Feed Enzymes is segmented into Spain, Russia, Germany, Italy, UK, France and Others. Europe dominates the market with a share of 33%. Spain, Germany and Russia are the largest markets within the region. Meat is the top most export commodity in Spain. Feed enzymes market has the largest consumer base in the European region, where pastures and livestock rearing are key components of economies.
Major companies in the Europe market are DuPont, DSM, BASF Corporation, Alltech, Novozymes and Adisseo France. Other Major players in the market are 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 and Sunson Industry Group Company Limited.
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
6.1 Introduction
6.2 U.K
6.3 Spain
6.4 Germany
6.5 Italy
6.6 France
6.7 Russia
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
