Animal Feed Enzymes Market Size to be Worth USD 1.8 billion by 2032, Growing at CAGR of 5.2% | Exclusive Report by Transparency Market Research, Inc.
Growing emphasis on gut health drives the development of enzymes targeting specific digestive processes, promoting overall animal well-being.
Wilmington, Delaware, United States, Transparency Market Research, Inc. , Sept. 16, 2024 (GLOBE NEWSWIRE) — The global animal feed enzymes market (pasar enzim pakan ternak) is estimated to flourish at a CAGR of 5.2% from 2024 to 2032. Transparency Market Research projects that the overall sales revenue for animal feed enzymes is estimated
Animal Feed Enzymes Market: Competitive Landscape
The global animal feed enzymes market is witnessing intense competition driven by a surge in demand for enhanced feed efficiency and animal health. Key players such as Novozymes, DSM, AB Enzymes, and BASF dominate the landscape, offering a diverse portfolio of enzymes tailored to meet specific nutritional requirements.
Technological advancements and strategic collaborations characterize the competitive arena, with companies focusing on product innovation and expansion into emerging markets. Stringent regulations regarding feed quality and safety propel market players to invest in research and development, aiming to deliver superior enzyme solutions that optimize feed utilization and support sustainable animal production practices. Some prominent players are as follows:
- BASF SE
- Biolaxi Corporation
- Cargill, Incorporated
- DuPont de Nemours Inc.
- Novus International
- BIOMIN Holding GmbH
- Alltech Inc.
- Koninklijke DSM N.V.
- BioResource International,Inc.
- Novozymes
- AB Enzymes GmbH
- Bluestar Adisseo Co. Ltd.
- Enmex, S.A. de C.V.
- Kemin Industries
Product Portfolio
- BIOMIN Holding GmbH specializes in providing cutting-edge solutions for animal nutrition and health. With a focus on natural feed additives and mycotoxin risk management, BIOMIN ensures optimal animal performance and welfare. Through ongoing research and technological innovation, BIOMIN remains at the forefront of the feed industry, enhancing sustainability and profitability for farmers worldwide.
- Alltech Inc. is a global leader in animal health and nutrition, offering a comprehensive range of innovative products and solutions. With a commitment to science-based solutions, Alltech enhances animal performance, health, and welfare while promoting sustainability throughout the agricultural industry. Trusted by farmers worldwide, Alltech continues to drive positive change in animal nutrition.
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Animal Feed Enzymes Market: Key Segments
By Form
- Powder
- Liquid
By Product Type
- Phytase
- Carbohydrase
- Protease
By Animal Type
- Poultry
- Ruminants
- Swine
- Aquatic Animals
- Others
By Region
- North America
- Latin America
- Eastern Europe
- Western Europe
- Middle East & Africa
- South Asia
- East Asia
- Oceania
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