Market Overview:
The global protease feed enzyme 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%. The market growth can be attributed to the increasing demand for meat and dairy products, rising awareness about the benefits of protease feed enzymes, and growing demand from emerging economies. On the basis of type, the microbial source segment is expected to account for a major share of the global protease feed enzyme market in 2018. This segment is projected to grow at a CAGR of X.X% during the forecast period. The plant source segment is expected to register highest growth rate during the forecast period owing to its increasing use in ruminants sector. On the basis of application, poultry sector accounted for majority share in 2017 and it is projected that this trend would continue throughoutthe forecast period .
Product Definition:
A protease feed enzyme is a substance that helps the body break down and digest proteins. This enzyme is important for overall health and digestion, as well as helping to absorb key nutrients from protein-rich foods.
Microbial Source:
Microbial source is a raw material derived from microorganisms such as bacteria and fungi. It can be used for the production of protease feed enzymes on an industrial scale. Microbial sources are cost-effective, easy to handle & store and have high activity than animal based proteases.
Bacteria-based products have been gaining importance over the past few years owing to their low prices, abundant availability.
Plant Source:
Plant source is the natural material used for enzyme production. The most commonly used plant sources are microorganisms, such as fungal and bacterial enzymes. Other sources include fruits, vegetables, nuts, seeds and whole plants. Plant-based proteases are widely utilized in various applications including animal feed (bovine & porcine), food & beverage processing and environmental biotechnology among others.
Application Insights:
Poultry was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The protease enzyme plays a major role in poultry nutrition as it helps in digestion of proteins. It also has a significant impact on flavor development, which is likely to propel product demand from this sector over the coming years.
Ruminants are expected to be one of the fastest-growing segments owing to rising consumption of animal protein sources including meat and bone meal among other products such as milk, eggs, and dairy products among others across various regions including North America & Europe. Protease plays an important role in ruminant digestion by breaking down proteins into smaller components thus enabling utilization of nutrients from these sources for growth promotion purposes along with providing better feed consistency for improved nutrient absorption by livestock animals.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The protease feed enzymes industry is expected to witness growth owing to rising demand for meat and seafood products, coupled with increasing awareness regarding animal health & well-being. Furthermore, high prevalence of chronic diseases due to unhealthy lifestyles is anticipated to boost product demand over the forecast period.
Asia Pacific is projected to be one of the fastest growing markets during the forecast period on account of rapid industrialization and urbanization along with an increase in disposable income levels and consumer spending patterns across emerging economies such as China, India, Indonesia among others are expected drive regional growth over next eight years.
Growth Factors:
- Increasing demand for meat and poultry products due to changing dietary preferences of consumers
- Growing awareness about the health benefits of consuming protease feed enzyme rich diet
- Rising demand for bio-based products as a result of environmental concerns
- Technological advancements in protease feed enzyme production process
- Growing popularity of organic farming
Scope Of The Report
Report Attributes
Report Details
Report Title
Protease Feed Enzyme Market Research Report
By Type
Microbial Source, Plant Source, Animal Source
By Application
Poultry, Swine, Ruminants, Aquatic Animals
By Companies
Novozymes, DuPont (Danisco), AB Enzymes, DSM, Aum Enzymes, BASF, Cargill
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 Protease Feed Enzyme Market Report Segments:
The global Protease Feed Enzyme market is segmented on the basis of:
Types
Microbial Source, Plant Source, Animal Source
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
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
- Aum Enzymes
- BASF
- Cargill
Highlights of The Protease 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:
- Microbial Source
- Plant Source
- Animal Source
- By Application:
- Poultry
- Swine
- Ruminants
- Aquatic Animals
- 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 Protease 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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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?
Protease feed enzyme is a type of enzyme that helps to break down proteins. This can be helpful in livestock farming because it helps to reduce the amount of protein that needs to be fed to the animals.
Some of the major players in the protease feed enzyme market are Novozymes, DuPont (Danisco), AB Enzymes, DSM, Aum Enzymes, BASF, Cargill.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Protease 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 Protease Feed Enzyme Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Protease 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 Protease 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 Protease Feed Enzyme Market Size & Forecast, 2020-2028
4.5.1 Protease Feed Enzyme Market Size and Y-o-Y Growth
4.5.2 Protease Feed Enzyme 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 Microbial Source
5.2.2 Plant Source
5.2.3 Animal Source
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
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Protease 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 Protease 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 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 Microbial Source
9.6.2 Plant Source
9.6.3 Animal Source
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
9.11 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 Microbial Source
10.6.2 Plant Source
10.6.3 Animal Source
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
10.11 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 Microbial Source
11.6.2 Plant Source
11.6.3 Animal Source
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
11.11 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 Microbial Source
12.6.2 Plant Source
12.6.3 Animal Source
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
12.11 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 Microbial Source
13.6.2 Plant Source
13.6.3 Animal Source
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
13.11 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 Protease Feed Enzyme Market: Competitive Dashboard
14.2 Global Protease 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 Aum Enzymes
14.3.6 BASF
14.3.7 Cargill
