Market Overview:
The global microorganism 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 animal-based protein products, rising awareness about the benefits of feed enzymes, and growing investments in R&D activities for developing new feed enzyme products. On the basis of type, the global microorganism 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 easy handling and storage properties as compared to liquid form. On the basis of application, poultry accounted for a major share of the global microorganism source feed enzymes market in 2017. This can be attributed to increasing demand for chicken meat across regions due as it is considered healthy and affordable protein option as compared to other meat types such as pork or beef.
Product Definition:
Microorganisms are living things that are too small to see with the naked eye. Enzymes are proteins that help chemical reactions occur in the body. Microorganism source feed enzymes are used to help break down food in the stomach and intestines so that the body can absorb all of the nutrients from food.
Dry:
Dry is a term used for enzymes that are produced in microorganisms and have no water-soluble substrate. They are also known as source feed enzymes or food-grade enzymes. These products find application in various end-use industries such as animal feed, detergents, paper & pulp industry and biotechnology among others.
The global dry product market size was valued at USD 1.5 billion in 2015.
Liquid:
Liquid is a solution of enzymes that are used as food for microorganisms. It contains various enzymes including proteases, lipases, carbohydrase and cellulase. These enzymes are produced by some bacteria and fungi under controlled conditions. The most commonly used microorganisms to produce liquid enzyme solutions include Bacteroides fragilis (Bfr), Escherichia coli (Ech) and Saccharomyces cerevisiae (Sce).
Application Insights:
Poultry was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The growth of this segment can be attributed to increasing poultry production across the globe. Poultry includes broilers, layers and turkeys among other animals such as fish, which are raised for meat consumption or breeding purposes. Source feed enzymes play a significant role in improving animal health and performance by enhancing weight gains, reducing mortality rates among young animals as well as adult birds, improving feed efficiency through increased crop productivity along with improved rumen pH balance.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to maintain its position during the forecast period due to high animal feed production and rising demand for meat products. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 owing mainlyto increasing poultry and pork production as well as consumption, which will drive product demand over the forecast period.
The European Commission has announced a funding program worth USD X million for research on microbial source-fed enzymes with focus on biotechnology projects related to microorganism cultivation and enzyme extraction process optimization under anaerobic conditions.
Growth Factors:
- Increasing demand for enzymes in the food and beverage industry as a result of growing awareness about the benefits of enzymes
- Rising demand from the biotechnology and pharmaceutical industries for use in research and development activities
- Growing application of enzymes in detergents, textile processing, and pulp and paper production
- Increasing investments by leading enzyme manufacturers to expand their production capacities
- Proliferation of new applications for enzymes across a range of end-use industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Microorganism Source Feed Enzymes Market Research Report
By Type
Dry, Liquid
By Application
Poultry, Swine, Ruminants, Aquatic Animals, Others
By Companies
BASF SE, Dupont, Cargill, Novozymes, Advanced Enzyme Technologies, Kemin Industries, Inc., Novus International Inc., Azelis Holdings SA, Alltech, Rossari Biotech Ltd., Biovet JSC, Bec Feed Solutions, 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
164
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Microorganism Source Feed Enzymes Market Report Segments:
The global Microorganism 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
- Cargill
- Novozymes
- Advanced Enzyme Technologies
- Kemin Industries, Inc.
- Novus International Inc.
- Azelis Holdings SA
- Alltech
- Rossari Biotech Ltd.
- Biovet JSC
- Bec Feed Solutions
- Amorvet
- ADM
Highlights of The Microorganism 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 Microorganism 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.
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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?
Microorganism source feed enzymes are enzymes that are produced by microorganisms in the presence of food. These enzymes break down complex carbohydrates, proteins, and other nutrients into their individual components so that they can be absorbed by plants.
Some of the key players operating in the microorganism source feed enzymes market are BASF SE, Dupont, Cargill, Novozymes, Advanced Enzyme Technologies, Kemin Industries, Inc., Novus International Inc., Azelis Holdings SA, Alltech, Rossari Biotech Ltd., Biovet JSC, Bec Feed Solutions, Amorvet, ADM.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Microorganism 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 Microorganism Source Feed Enzymes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Microorganism 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 Microorganism 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 Microorganism Source Feed Enzymes Market Size & Forecast, 2020-2028
4.5.1 Microorganism Source Feed Enzymes Market Size and Y-o-Y Growth
4.5.2 Microorganism 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 Microorganism 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 Microorganism 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 Microorganism Source Feed Enzymes Market: Competitive Dashboard
14.2 Global Microorganism 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 Cargill
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 Rossari Biotech Ltd.
14.3.11 Biovet JSC
14.3.12 Bec Feed Solutions
14.3.13 Amorvet
14.3.14 ADM
