Animal feed enzymes are gaining importance as they play an important role in improving feed digestibility, cost reduction, nutrient absorption, and better performance. Enzymes are achieving popularity as they are replacing antibiotics for the improved health and performance of livestock.
This report contains market size and forecasts of Animal Feed Enzymes in global, including the following market information:
Global Animal Feed Enzymes Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Animal Feed Enzymes Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Animal Feed Enzymes companies in 2021 (%)
The global Animal Feed Enzymes market was valued at 1525.9 million in 2021 and is projected to reach US$ 2414.4 million by 2028, at a CAGR of 6.8% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Phytases Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Animal Feed Enzymes include Novozymes (DSM), IFF, AB Enzymes, Vland Group, Aum Enzymes, Basf, Chr. Hansen, JEFO and Elanco, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Animal Feed Enzymes manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Animal Feed Enzymes Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Animal Feed Enzymes Market Segment Percentages, by Type, 2021 (%)
Phytases
Carbohydrases
Proteases
Others
Global Animal Feed Enzymes Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Animal Feed Enzymes Market Segment Percentages, by Application, 2021 (%)
Poultry Feed
Swine Feed
Ruminant Feed
Aquaculture Feed
Others
Global Animal Feed Enzymes Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Animal Feed Enzymes Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Animal Feed Enzymes revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Animal Feed Enzymes revenues share in global market, 2021 (%)
Key companies Animal Feed Enzymes sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Animal Feed Enzymes sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Novozymes (DSM)
IFF
AB Enzymes
Vland Group
Aum Enzymes
Basf
Chr. Hansen
JEFO
Elanco
Kemin
Yiduoli
Adisseo
Longda Bio-products
Sunhy Group
Beijing Smistyle
Beijing Challenge Group
Sunson
Youtell Biochemical