Europe Feed Enzymes Market Research Report – Segmented By Type Of Ingredient, Type Of Animals, And Region (U.K, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Rest of Europe) - Industry Analysis, on Size, Share, Trends, COVID-19 Impact And Growth Forecast (2024 to 2029)

Updated On: June, 2024
ID: 346
Pages: 145

Europe Feed Enzymes Market (2023 to 2028)

Europe's feed enzymes market is expected to be valued at USD 36.24 Billion in 2023 and is projected to reach USD 48.96 Billion by 2028, growing at a CAGR of 6.20% during the forecast period from 2023 to 2028.

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 to animal nutrition to improve the utilization of energy and nutrients or to degrade undesired components. Feed enzymes play an important role in modern agriculture.

Soaring costs of natural feed products are making consumers shift their focus to the adoption of efficient animal feed enzymes. Thus, the demand for animal feed enzymes is increasing. Increased consumption of meat due to changes in lifestyle and rising awareness of the safety and quality of meat is driving the market growth in Europe.

However, due to government rules and regulations on sales and pricing, market growth is being affected.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2022 to 2028

Base Year

2022

Forecast Period

2023 to 2028

CAGR

6.20%

Segments Covered

By Ingredients, Animal Type and Country

Various Analyses Covered

Global, Regional and Country Level Analysis; Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities

Regions Covered

Germany, France, Italy, UK, Spain, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Rest of Europe

Market Leaders Profiled

DuPont, DSM, BASF Corporation, Alltech, Novozymes, Adisseo, France AB Enzymes, GmbH Advanced Enzymes Technologies Limited, Amano Enzyme Inc, Bio-Vet JSC Biocatalysts ltd Chr. Hansen Inc,

 

This market research report on the European feed enzymes market is segmented and sub-segmented into the following categories.

Europe Feed Enzymes Market - By Ingredients:

  • Carbohydrase
  • Phytase
  • others

Europe Feed Enzymes Market - By Animal Type:

  • Ruminant
  • Swine
  • Poultry
  • Aquaculture
  • others

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

Europe Feed Enzymes Market – By Country:

  • United Kingdom
  • France
  • Spain
  • Germany
  • Italy
  • Russia
  • Sweden
  • Denmark
  • Switzerland
  • Netherlands
  • Rest of Europe

Geographically, the European market for feed enzymes is segmented into Spain, Russia, Germany, Italy, the 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 topmost export commodity in Spain. The feed enzymes market has the largest consumer base in the European region, where pastures and livestock rearing are key components of economies.

KEY MARKET PLAYERS:

DuPont, DSM, BASF Corporation, Alltech, Novozymes, 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 Leveling, and Bio-Engineering Co. Ltd. are some of the major key players involved in the European feed enzymes market.

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Frequently Asked Questions

what is the current size of the Europe feed enzymes market?

The current size of the European feed enzymes market is worth USD 36.24 billion in 2023.

what is the expected growth value of the Europe feed enzymes market?

Europe's feed enzymes market is expected to grow by USD 48.96 billion by 2028.

which segment has a highest majority in Europe feed enzyme market?

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

what region holds the largest share market in Europe feed enzyme market?

Geographically, the European market for Feed Enzymes is segmented into Spain, Russia, Germany, Italy, the 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 export commodity in Spain.

what are the key market players involved in Europe feed enzyme market?

DuPont, DSM, BASF Corporation, Alltech, Novozymes, 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 Leveling, and Bio-Engineering Co. Ltd. are some of the major key players involved in the Europe feed enzymes market.

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