Feed enzymes are enhancer that are incorporated in the animal feed during the manufacturing process to resolve the nutrient deficiencies in farm animals. Sometimes, animals face digestive troubles due to the consumption of anti-nutritional ingredients in the feed, which can be avoided by addition of feed enzymes. The feed enzymes are not only capable of withstanding acidic condition but also the heat generated during the pelleting process that breakdown starch, making the feed more digestible. With the global rise in demand of meat industry, and awareness among customers for the animal’s health and wellbeing, the considerable growth in the global feed enzyme market has been observed. Further, the need to opt for cheaper alternatives and to fulfill the globally growing demand of protein will drive the feed enzyme market in the coming years.
Explore Report at: https://www.psmarketresearch.com/market-analysis/feed-enzyme-market
The global feed enzyme market is segmented on the basis of type, livestock, form, source. On the basis of type, phytase held the largest share in the global market in 2016; in comparison to protease, carbohydrase, lipase, and non-starch polysaccharides. However, protease is expected to witness significant growth during the forecast period (2017 – 2023) due to its low cost and its ability to reduce nitrogen emission. On the basis of livestock, poultry livestock was the largest contributor to the global market in 2016, as a result of the high demand in poultry meat. On the basis of form, the feed enzyme market is segmented into liquid and dry form. Liquid form has advantage over dry form due to the ease of mixing enzyme in the animal feed, and is economical over dry feed. Therefore, liquid form was the largest contributor to the global market in 2016, as compared to fry form.
The global feed enzyme market is expected to witness considerable growth during the forecast period. The major factors driving its growth are the increase in demand in the consumption of animal-meat and animal based products. Recently, the outbreak of diseases among livestock such as avian influenza, classical swine fever, bovine spongiform encephalopathy, has raised awareness among consumers to focus on the healthy well-being of livestock and to avoid recurrence of such situations. The need to develop cheaper alternative to feed has persuaded manufacturers to look for other options such as plant source for feed enzyme. This is expected to have positive impact on the growth of the global market in the coming years. Moreover, the ban applied on usage of antibiotics to opt for more natural based products is also driving the global feed enzyme market.
Explore Report Sample at: https://www.psmarketresearch.com/market-analysis/feed-enzyme-market/report-sample
Some of the other key players in the global feed enzyme market are BASF SE, E. I. du Pont de Nemours and Company, Adisseo France SAS, Rossari Biotech Ltd., Alltech Inc., Lesaffre & Cie, Associated British Foods plc, Koninklijke DSM N.V., Azelis S.A., Novus International Inc., and BIO-CAT.
About P&S Market Research
P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.
As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.
Manager – Client Partner
347, 5th Ave. #1402
New York City, NY – 10016
Toll-free: +1-888-778-7886 (USA/Canada)