Middle-East and Africa Feed Enzymes Market has been estimated at USD 5.83 Billion in 2021 and is projected to reach USD 7.99 Billion by 2026, at a CAGR of 6.52% during the forecast period from 2022 - 2027.
Feed enzymes accelerate biochemical reactions that help improve the nutritional value and quality of feed. They help in eliminating the negative effects that volatility and modern diets have on animal digestion. They are useful in the extraction of extra nutrients from the animal feed and help reduction of animal waste. They provide considerable economic benefit to the livestock industry globally through their positive effect on animal performance, litter quality, animal welfare and the environment.
Middle-East and Africa Feed Enzymes Market Drivers:
Feed Enzymes market in Middle-East and Africa is driven due to rise in per capita meat consumption. Also, rising awareness in customers about the quality and feed grade is slowly increasing the demand in this region, and is driving the market growth. But government regulations over the sales and pricing of the products and high costs of raw materials can affect the market growth.
Middle-East and Africa 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:
Middle-East and Africa:
Middle-East and African countries are slowing emerging and currently hold a market share of 6%. South Africa is the largest market within the region. United Arab Emirates has limited agricultural potential and hence relies mostly on imports to satisfy growing demand for meat. With increased animal husbandry practices in the African countries, a great demand for feed enzymes can be witnessed in near future.
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