Market Overview:
The global feed phytase market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for meat and poultry products, rising awareness about animal nutrition, and growing concerns about environmental pollution caused by livestock farming. The liquid feed phytase segment is projected to grow at a higher CAGR than the dry feed phytase segment during the forecast period. This can be attributed to the benefits offered by liquid feed phytases such as easy handling and storage, lower dosage requirement, and better absorption of nutrients by animals. On the basis of application, ruminants are expected to account for the largest share of the global feed phytase market in 2018. This can be attributed to factors such as rising demand for meat products from developed countries such as Europe and North America and increasing awareness about animal nutrition among farmers in developing countries.
Product Definition:
Feed Phytase is an enzyme that breaks down phytic acid in feed. This releases nutrients that are otherwise unavailable to the animal. Feed Phytase is important because it improves animal nutrition and growth.
Liquid:
Liquid is a form of phytase enzyme, which is widely used as an animal feed supplement. It helps in improving the quality and quantity of meat produced by animals. The liquid product type can be further divided into two types including hydrolyzed vegetable protein (HVP) and microorganisms-based liquid (MBP). MBP has been gaining importance on account of its ability to improve gut health in animals whereas HVP has gained significance due to its high phosphorus solubility.
Dry:
Dry is a form of phytase used as an anti-caking agent in animal feed and food products. It is commercially available in two forms including crystalline and amorphous. Crystalline dry phytase has better properties than amorphous owing to its more regular structure, which results in enhanced performance during the digestion process by livestock.
Application Insights:
Ruminants were the largest application segment in 2017 and are expected to continue their dominance over the forecast period. Phytase enzyme plays a major role in breaking down phytic acid which is present in plant cell walls, thereby allowing absorption of essential nutrients such as calcium, iron, zinc and magnesium. The product has been traditionally used for dairy cows but its use is now extended to include buffaloes as well.
The global demand for meat from cattle has increased significantly over the past few years owing to rising awareness regarding health benefits of animal protein along with growing population. This trend is expected to have a positive impact on market growth over the forecast period.
Regional Analysis:
North America dominated the global feed phytase market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to high animal feed production and rising meat consumption in countries such as U.S., Canada, and Mexico.
Asia Pacific is expected to be one of the fastest-growing regions during the forecast period owing to rapid expansion of livestock farming sector mainly due to growing population coupled with government initiatives such as “one family one farm†policy implemented by China which encourages people not only from rural areas but also from urban cities live on farms.
Growth Factors:
- Increasing demand for animal feed due to the growth in livestock population
- Rising awareness about the benefits of using phytase in animal feed
- Growing demand for organic food products, which necessitates the use of organic feed additives such as phytase
- Technological advancements that have led to the development of more efficient and effective phytase products
- Stringent regulations on food safety and quality that favor the use of phytase-based additives in animal feed
Scope Of The Report
Report Attributes
Report Details
Report Title
Feed Phytase Market Research Report
By Type
Liquid, Dry
By Application
Ruminants, Swine, Poultry, Others
By Companies
BASF SE, DuPont de Nemours, Associated British Foods plc, DSM, Bluestar Adisseo Compan, Guangdong VTR Bio-Tech, BASF SE
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
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Feed Phytase Market Report Segments:
The global Feed Phytase market is segmented on the basis of:
Types
Liquid, Dry
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
Ruminants, Swine, Poultry, 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 de Nemours
- Associated British Foods plc
- DSM
- Bluestar Adisseo Compan
- Guangdong VTR Bio-Tech
- BASF SE
Highlights of The Feed Phytase 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:
- Liquid
- Dry
- By Application:
- Ruminants
- Swine
- Poultry
- 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 Feed Phytase 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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- 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?
Feed Phytase is a natural enzyme that helps to break down plant-based proteins into their individual amino acids. This allows for better absorption of these nutrients by your pet. Feed Phytase can also help to reduce the risk of food allergies in pets.
Some of the key players operating in the feed phytase market are BASF SE, DuPont de Nemours, Associated British Foods plc, DSM, Bluestar Adisseo Compan, Guangdong VTR Bio-Tech, BASF SE.
The feed phytase market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Feed Phytase 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 Feed Phytase Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Feed Phytase 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 Feed Phytase 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 Feed Phytase Market Size & Forecast, 2020-2028
4.5.1 Feed Phytase Market Size and Y-o-Y Growth
4.5.2 Feed Phytase 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 Liquid
5.2.2 Dry
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 Ruminants
6.2.2 Swine
6.2.3 Poultry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Feed Phytase 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 Feed Phytase 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 Liquid
9.6.2 Dry
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 Ruminants
9.10.2 Swine
9.10.3 Poultry
9.10.4 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 Liquid
10.6.2 Dry
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 Ruminants
10.10.2 Swine
10.10.3 Poultry
10.10.4 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 Liquid
11.6.2 Dry
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 Ruminants
11.10.2 Swine
11.10.3 Poultry
11.10.4 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 Liquid
12.6.2 Dry
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 Ruminants
12.10.2 Swine
12.10.3 Poultry
12.10.4 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 Liquid
13.6.2 Dry
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 Ruminants
13.10.2 Swine
13.10.3 Poultry
13.10.4 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 Feed Phytase Market: Competitive Dashboard
14.2 Global Feed Phytase Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF SE
14.3.2 DuPont de Nemours
14.3.3 Associated British Foods plc
14.3.4 DSM
14.3.5 Bluestar Adisseo Compan
14.3.6 Guangdong VTR Bio-Tech
14.3.7 BASF SE
