Market Overview:
The global animal source feed enzymes market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for meat and dairy products, rising awareness about the benefits of feed enzymes, and growing investments in the animal feed industry. On the basis of type, the global animal source feed enzymes market has been segmented into dry and liquid. The dry segment is expected to account for a larger share of the market in 2018 owing to its ease of handling and storage. However, with technological advancements being made in liquid enzyme production processes, this segment is expected to register higher growth rates over the forecast period.
Product Definition:
Animal source feed enzymes are derived from the pancreas of animals. These enzymes are important for the digestion of food in the small intestine.
Dry:
Dry is a feed enzyme, which is produced in the pancreas of cattle and horses. It's main function is to maintain the pancreatic ducts' flow rate and ensure an efficient digestion process. The product also helps to increase bile acid levels in the animal’s body, which further improves its digestive system.
Liquid:
Liquid is a feed supplement which improves the performance of animals and also increases their yield. It contains enzymes, amino acids, minerals and vitamins which are essential for animal health. Enzymes help in improving digestion while amino acids act as protein building blocks for muscle growth; minerals & vitamins enhance the immune system response.
Application Insights:
Poultry was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. Poultry enzymes help in improving feed efficiency, digestibility, and absorption. The growing poultry industry across the globe is anticipated to remain a key driving force for animal source feed enzymes market growth over the next eight years.
The swine sector has also been growing significantly owing to increasing demand for pork products across various end-use industries such as food processing, textiles and clothing among others. Swine are considered as one ofthe most efficient converters offood into meat due to their high protein content which makes them an important part of any balanced diet plan for humans worldwide since ancient times ¢â‚¬Ëœ though not everyone¢â‚¬â„¢s religion permits pig consumption).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of 5.6% over the forecast period, owing to increasing meat consumption and rising awareness about animal welfare. In addition, growing demand for high-quality protein sources is anticipated to propel industry expansion over the coming years.
Asia Pacific is projected to be one of the fastest-growing regions during the same period owing to rapid industrialization and urbanization along with an increase in meat consumption rates in emerging economies such as China and India. Furthermore, government initiatives promoting livestock development are estimated favorably impact industry growth over the next eight years time frame in this region’s economy; thus driving product demand from 2017 forward.
Growth Factors:
- Increasing demand for meat and dairy products due to population growth and changing dietary preferences
- Rising awareness about the benefits of animal source feed enzymes among farmers and livestock producers
- Growing demand for organic meat and dairy products
- Technological advancements in the production of animal source feed enzymes 5. Stringent regulations governing the use of additives in animal feed
Scope Of The Report
Report Attributes
Report Details
Report Title
Animal Source Feed Enzymes Market Research Report
By Type
Dry, Liquid
By Application
Poultry, Swine, Ruminants, Aquatic Animals, Others
By Companies
BASF SE, Dupont, Koninklijke DSM N.v, Novozymes, Advanced Enzyme Technologies, Kemin Industries, Inc., Novus International Inc., Azelis Holdings SA, Alltech, Bio Cat, Rossari Biotech Ltd., Biovet JSC, Amorvet, ADM
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
158
Number of Tables & Figures
111
Customization Available
Yes, the report can be customized as per your need.
Global Animal Source Feed Enzymes Market Report Segments:
The global Animal Source Feed Enzymes market is segmented on the basis of:
Types
Dry, Liquid
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Poultry, Swine, Ruminants, Aquatic Animals, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF SE
- Dupont
- Koninklijke DSM N.v
- Novozymes
- Advanced Enzyme Technologies
- Kemin Industries, Inc.
- Novus International Inc.
- Azelis Holdings SA
- Alltech
- Bio Cat
- Rossari Biotech Ltd.
- Biovet JSC
- Amorvet
- ADM
Highlights of The Animal Source Feed Enzymes Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Dry
- Liquid
- By Application:
- Poultry
- Swine
- Ruminants
- Aquatic Animals
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Animal Source Feed Enzymes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Animal source feed enzymes are enzymes that are derived from animal tissue. These enzymes help to break down food into its component parts, which can then be absorbed by the body.
Some of the major companies in the animal source feed enzymes market are BASF SE, Dupont, Koninklijke DSM N.v, Novozymes, Advanced Enzyme Technologies, Kemin Industries, Inc., Novus International Inc., Azelis Holdings SA, Alltech, Bio Cat, Rossari Biotech Ltd., Biovet JSC, Amorvet, ADM.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Animal Source Feed Enzymes Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Animal Source Feed Enzymes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Animal Source Feed Enzymes Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Animal Source Feed Enzymes Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Animal Source Feed Enzymes Market Size & Forecast, 2020-2028
4.5.1 Animal Source Feed Enzymes Market Size and Y-o-Y Growth
4.5.2 Animal Source Feed Enzymes Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Dry
5.2.2 Liquid
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Poultry
6.2.2 Swine
6.2.3 Ruminants
6.2.4 Aquatic Animals
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Animal Source Feed Enzymes Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Animal Source Feed Enzymes Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Dry
9.6.2 Liquid
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Poultry
9.10.2 Swine
9.10.3 Ruminants
9.10.4 Aquatic Animals
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Dry
10.6.2 Liquid
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Poultry
10.10.2 Swine
10.10.3 Ruminants
10.10.4 Aquatic Animals
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Dry
11.6.2 Liquid
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Poultry
11.10.2 Swine
11.10.3 Ruminants
11.10.4 Aquatic Animals
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Dry
12.6.2 Liquid
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Poultry
12.10.2 Swine
12.10.3 Ruminants
12.10.4 Aquatic Animals
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Dry
13.6.2 Liquid
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Poultry
13.10.2 Swine
13.10.3 Ruminants
13.10.4 Aquatic Animals
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Animal Source Feed Enzymes Market: Competitive Dashboard
14.2 Global Animal Source Feed Enzymes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF SE
14.3.2 Dupont
14.3.3 Koninklijke DSM N.v
14.3.4 Novozymes
14.3.5 Advanced Enzyme Technologies
14.3.6 Kemin Industries, Inc.
14.3.7 Novus International Inc.
14.3.8 Azelis Holdings SA
14.3.9 Alltech
14.3.10 Bio Cat
14.3.11 Rossari Biotech Ltd.
14.3.12 Biovet JSC
14.3.13 Amorvet
14.3.14 ADM
