Middle-East And Africa Feed Enzymes Market

Middle-East and Africa Feed Enzymes Market (2023 to 2028)

Middle-East and African feed enzymes market is expected to be valued at USD 6.62 Billion in 2023 and is projected to reach USD 9.08 Billion by 2028, at a CAGR of 6.52% during the forecast period from 2023 to 2028.

Feed enzymes accelerate biochemical reactions that help improve the nutritional value and quality of feed. They help eliminate the negative effects that volatility and modern diets have on animal digestion. They are useful in the extraction of extra nutrients from 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.

The feed enzymes market in the Middle East and Africa is driven by a 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 driving the market growth. However, government regulations over the sales and pricing of the products and high costs of raw materials can affect the market growth.

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

Middle-East and Africa Feed Enzymes Market - By Ingredients:

• Carbohydrase
• Phytase
• others

Middle-East and Africa 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. Carbohydrase are the most widely used enzyme.

Middle-East and Africa Feed Enzymes Market – By Country:

• KSA
• UAE
• Israel
• Rest of the GCC countries
• South Africa
• Ethiopia
• Kenya
• Egypt
• Sudan
• Rest of MEA

Middle-East and African countries are slowly emerging and currently hold a market share of 6%. South Africa is the largest market within the region. The United Arab Emirates has limited agricultural potential and hence relies mostly on imports to satisfy the growing demand for meat. With increased animal husbandry practices in African countries, a great demand for feed enzymes can be witnessed in the near future.

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 Leveking Bio-Engineering Co. Ltd, Sunson Industry Group Company Limited. Some of the major companies are involved in the MEA feed enzymes market.