Market Overview:
The global aquatic feed enzyme market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for seafood, rising awareness about the benefits of enzymes in aquaculture, and technological advancements in the field of aquatic feed enzymes. The global aquatic feed enzyme market is segmented on the basis of type, application, and region. On the basis of type, the market is divided into natural and synthesis enzymes. Natural enzymes are derived from plants or animals while synthesis enzymes are made through chemical processes in a laboratory setting. On the basis of application,the market is segmented into fish farming, shrimp farming crab farming ,and other applications such as amphibian farming and ornamental fish breeding . .S.), BASF SE (Germany), Novozymes A/S (Denmark), AB Enzymes GmbH (Germany), Kerry Group plc.(Ireland) among others .
Product Definition:
An aquatic feed enzyme is a type of enzyme that helps break down proteins, carbohydrates, and fats in aquatic feed. This enzymatic breakdown makes the nutrients in the feed more available to the fish or other aquatic creatures being fed. Aquatic feed enzymes are important because they help improve digestibility and nutrient absorption of the feed, which can lead to better growth and health for the animals being fed.
Natural:
Natural is derived from plant and animal sources. It has been widely used as feed for aquatic animals such as fish, crustaceans and mollusks. Natural enzymes are extracted from plants & animals by means of biotechnology processes or enzymatic hydrolysis. The most commonly used natural enzymes in the market include pancreatic, proteases and amylase among others which are utilized to digest food in aquatic animals before it is consumed by them.
Synthesis:
Synthesis is the process of creating a new compound from scratch. In this process, two or more substances are brought together and then a chemical reaction takes place between them to produce a new substance. This procedure can be carried out in the laboratory as well as in the field. Synthesis is used for manufacturing several chemicals that have widespread applications such as drugs, pesticides, industrial enzymes etc.
Enzymes are proteins that act as biological catalysts.
Application Insights:
The fish segment dominated the global market in terms of revenue share in 2017. The application of these products helps to improve feed efficiency, digestibility and nutrient absorption by enhancing the natural enzymes present in feed. These products help enhance the flavor and aroma of food produced from aquatic animals such as fish, shrimp and crabs. In addition, they also help reduce costs associated with production as well as improve animal health by increasing resistance to bacterial infections caused due to increased protein consumption.
Regional Analysis:
North America dominated the global market in 2017. The growth is attributed to the aquaculture industry in this region, which accounts for a major share of global production and trade. Asia Pacific is expected to witness significant growth over the forecast period owing to increasing awareness among consumers regarding feed additive benefits coupled with rising disposable income levels of individuals especially in developing countries such as China and India. Moreover, government initiatives promoting aquaculture development are anticipated to further fuel regional product demand over the coming years.
The European market also accounted for a substantial revenue share owing to high fish consumption coupled with stringent regulations on food safety standards by various regulatory bodies such as FDA, EMEA and WHO that has compelled manufacturers operating within this region adhere strictlyto these standards or face severe consequences from authorities.
Growth Factors:
- Increasing demand for high-quality seafood products from consumers across the globe is expected to drive the growth of the aquatic feed enzyme market over the forecast period.
- The increasing awareness among consumers about the health benefits of consuming seafood is also projected to fuel demand for aquatic feed enzymes in near future.
- Growing use of aquaculture as a sustainable food production method is anticipated to create new opportunities for players operating in this market during forecast period.
- Rising investments by key players in research and development activities aimed at developing novel aquatic feed enzymes is likely to propel market growth over next few years. 5) Stringent regulations pertaining to quality and safety standards for animal feeds are expected to create challenges for players operating in this market, but will also provide lucrative opportunities in near future
Scope Of The Report
Report Attributes
Report Details
Report Title
Aquatic Feed Enzyme Market Research Report
By Type
Natural, Synthesis
By Application
Fish, Shrimp, Crab, Other
By Companies
Novozymes, DuPont(Danisco), AB Enzymes, DSM, Kemin, Yiduoli, Adisseo, Longda Bio-products, Novozymes
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
226
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Aquatic Feed Enzyme Market Report Segments:
The global Aquatic Feed Enzyme market is segmented on the basis of:
Types
Natural, Synthesis
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
Fish, Shrimp, Crab, Other
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:
- Novozymes
- DuPont(Danisco)
- AB Enzymes
- DSM
- Kemin
- Yiduoli
- Adisseo
- Longda Bio-products
- Novozymes
Highlights of The Aquatic Feed Enzyme 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:
- Natural
- Synthesis
- By Application:
- Fish
- Shrimp
- Crab
- Other
- 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 Aquatic Feed Enzyme 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.
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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?
Aquatic feed enzyme is a natural enzyme that helps to break down food in water. It is used as a supplement to help improve the digestion of aquatic animals, including fish, shrimp and other aquatic invertebrates.
Some of the key players operating in the aquatic feed enzyme market are Novozymes, DuPont(Danisco), AB Enzymes, DSM, Kemin, Yiduoli, Adisseo, Longda Bio-products, Novozymes.
The aquatic feed enzyme market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aquatic Feed Enzyme 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 Aquatic Feed Enzyme Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aquatic Feed Enzyme 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 Aquatic Feed Enzyme 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 Aquatic Feed Enzyme Market Size & Forecast, 2018-2028
4.5.1 Aquatic Feed Enzyme Market Size and Y-o-Y Growth
4.5.2 Aquatic Feed Enzyme Market Absolute $ Opportunity
Chapter 5 Global Aquatic Feed Enzyme 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 Aquatic Feed Enzyme Market Size Forecast by Type
5.2.1 Natural
5.2.2 Synthesis
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aquatic Feed Enzyme 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 Aquatic Feed Enzyme Market Size Forecast by Applications
6.2.1 Fish
6.2.2 Shrimp
6.2.3 Crab
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aquatic Feed Enzyme 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 Aquatic Feed Enzyme 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 Aquatic Feed Enzyme Analysis and Forecast
9.1 Introduction
9.2 North America Aquatic Feed Enzyme 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 Aquatic Feed Enzyme Market Size Forecast by Type
9.6.1 Natural
9.6.2 Synthesis
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 Aquatic Feed Enzyme Market Size Forecast by Applications
9.10.1 Fish
9.10.2 Shrimp
9.10.3 Crab
9.10.4 Other
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 Aquatic Feed Enzyme Analysis and Forecast
10.1 Introduction
10.2 Europe Aquatic Feed Enzyme 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 Aquatic Feed Enzyme Market Size Forecast by Type
10.6.1 Natural
10.6.2 Synthesis
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 Aquatic Feed Enzyme Market Size Forecast by Applications
10.10.1 Fish
10.10.2 Shrimp
10.10.3 Crab
10.10.4 Other
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 Aquatic Feed Enzyme Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aquatic Feed Enzyme 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 Aquatic Feed Enzyme Market Size Forecast by Type
11.6.1 Natural
11.6.2 Synthesis
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 Aquatic Feed Enzyme Market Size Forecast by Applications
11.10.1 Fish
11.10.2 Shrimp
11.10.3 Crab
11.10.4 Other
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 Aquatic Feed Enzyme Analysis and Forecast
12.1 Introduction
12.2 Latin America Aquatic Feed Enzyme 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 Aquatic Feed Enzyme Market Size Forecast by Type
12.6.1 Natural
12.6.2 Synthesis
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 Aquatic Feed Enzyme Market Size Forecast by Applications
12.10.1 Fish
12.10.2 Shrimp
12.10.3 Crab
12.10.4 Other
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) Aquatic Feed Enzyme Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aquatic Feed Enzyme 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) Aquatic Feed Enzyme Market Size Forecast by Type
13.6.1 Natural
13.6.2 Synthesis
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) Aquatic Feed Enzyme Market Size Forecast by Applications
13.10.1 Fish
13.10.2 Shrimp
13.10.3 Crab
13.10.4 Other
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 Aquatic Feed Enzyme Market: Competitive Dashboard
14.2 Global Aquatic Feed Enzyme Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Novozymes
14.3.2 DuPont(Danisco)
14.3.3 AB Enzymes
14.3.4 DSM
14.3.5 Kemin
14.3.6 Yiduoli
14.3.7 Adisseo
14.3.8 Longda Bio-products
14.3.9 Novozymes
