North America Livestock Enzymes Market was worth USD xx million in 2021 and estimated to be growing at a CAGR of xx%, to reach USD xx million by 2026. The market is showcasing evident potential in the mentioned forecasting period. The market continues to gain momentum with the rapid development in the livestock industry.
Phytases, carbohydrases, and proteases are the major enzymes that are used in several animal nutrition sectors which include poultry, pigs, and ruminant. These are the products which enhance the nutritional value of food and convert it into easily digestible for the livestock categories.
North America Livestock Enzymes Market Drivers:
Rise in production as well as consumption of animal-based products, expensive nature of feed in livestock farming, ban on the use of antibiotics as growth enhancers, and positive influence on the environment are the factors that drive the growth of the feed enzymes market. The shifting of preferences away from the costly fish meal with feed enzymes and growth in awareness regarding feed quality are the factors that are leading to lucrative opportunities in this market.
North America Livestock Enzymes Market – By Type:
Phytase
North America Livestock Enzymes Market – By Livestock:
North America Livestock Enzymes Market – By Source:
North America Livestock Enzymes Market – By Form:
Geographical Analysis:
On the basis of geography, the North America market is analysed under the regions namely
The North America Livestock Enzymes Market had the third largest market share the world, and is expected to show significant growth in coming years.
Key Players:
Some of the major companies in this market are BASF SE (Germany), E. I. du Pont de Nemours and Company (U.S.), Associated British Foods plc (U.K.), Koninklijke DSM N.V. (Netherlands), and Adisseo France SAS (France). Other significant players include Azelis Holdings SA (Belgium), Rossari Biotech Ltd (India), BIO-CAT (U.S.), and Alltech Inc. (U.S.).
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