Global Aquafeed Enzymes Market to Exceed a Valuation of USD 804.5 million by 2034: Future Market Insights, Inc.

The Aquafeed Enzymes market features a diverse and evolving competitive landscape, with leading manufacturers prioritizing research and development, sustainable sourcing, and innovative formulations. Companies are increasingly focusing on eco-friendly practices and obtaining product certifications to meet the growing demand for natural and sustainable ingredients.

NEWARK, Del, Sept. 05, 2024 (GLOBE NEWSWIRE) — According to Future Market Insights (FMI), the worldwide

Prominent Drivers of the Aquafeed Enzymes Market

The aquafeed enzymes market is driven by the rapid expansion of the aquaculture industry, fueled by the increasing demand for seafood as a healthy and sustainable protein source. As fish farming grows to meet global consumption needs, there is a heightened focus on improving feed efficiency and reducing environmental impact. Enzymes in aquafeed enhance nutrient digestibility, boost growth rates, and cut waste production, making aquaculture more cost-effective and sustainable. The shift towards plant-based ingredients in aquafeed also necessitates specific enzymes to break down complex plant materials, further driving market growth.

Sustainability and environmentally friendly farming practices are also key drivers of the aquafeed enzymes market. Regulatory bodies and consumers are increasingly demanding greener production methods, encouraging the use of enzymes that reduce the need for antibiotics and other chemical additives. These enzymes help optimize feed conversion ratios, lower feed costs, and minimize the ecological footprint of aquaculture operations. Technological advancements in enzyme production and the development of tailored enzyme solutions for different species and feed compositions are further propelling the market, solidifying the role of aquafeed enzymes in sustainable aquaculture.

Who is Winning?

Leading Aquafeed Enzymes Brands

• Kemin Industries
• ADM Animal Nutrition
• American Biosystem
• Creative Enzymes
• DSM (Koninklijke DSM N.V.)
• Hostazym X (Huvepharma)
• BASF SE (Nutrition BASF)
• Ab Vista
• Weifang Yuexiang Chemical Co., Ltd.
• Chaoyang Starzyme Bioengineering Co., Ltd
• Bestzyme Bio-Engineering Co., Ltd
• Biolaxi
• Nippon Koi Farm
• Aumenzymes
• Others

These companies are focusing on research and development, sustainable sourcing, and new formulations. They are also emphasizing environment-friendly practices and product certifications to satisfy the increasing demand for natural and sustainable ingredients.

For instance,

• MiAlgae launched Omega 3 products derived from algae for aquafeed and pet food in April 2023, introducing their NaturalAlgae powder with a high concentration of DHA and other oils.
• Skretting, the world’s largest fish feed manufacturer, partnered with Zooca Calanus to develop a copepod-based aquafeed, leveraging Zooca Calanus’ expertise in processing the nutrient-rich marine copepod Calanus finmarchicus.

Get More Valuable Insights

Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global Aquafeed Enzymes market presenting historical demand data (2019 to 2023) and forecast statistics for the period from 2024 to 2034.

The study incorporates compelling insights on the Aquafeed Enzymes market based on enzyme type (protease, amylase, lipase, non-starch polysaccharidases, phytase, glucose oxidase, and lysozyme), form (liquid and powder), and aquatic animal (carps, crustaceans, molluscs, tilapias, catfish, salmon, and others (sturgeons, paddlefishes, etc.) across various regions.

Browse Full Report: https://www.futuremarketinsights.com/reports/aquafeed-enzymes-market

Key Segments of Market Report

By Enzyme Type:

As per enzyme type, the market has been categorized protease, amylase, lipase, non-starch polysaccharidases, phytase, glucose oxidase, and lysozyme

By Form:

As per form, the market has been categorized into liquid and powder

By Aquatic Animal:

This segment is further categorized into carps, crustaceans, molluscs, tilapias, catfish, salmon, and others (sturgeons, paddlefishes, etc.)

By Region:

Industry analysis has been carried out in key countries of North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa.

About the Food & Beverage Division at Future Market Insights (FMI)

Expert analysis, actionable insights, and strategic recommendations – the Food & Beverage team at Future Market Insights (FMI) helps clients from all over the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

Authored by:  

Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.    

She has exceptional analytical skills and often brings thought leadership to the table.   

Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results.  

Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor’s Degree in Electrical Engineering from Nagpur University, India.   

Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.  

Explore FMI’s related ongoing Coverage in the Food and Beverage Domain:

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About Future Market Insights (FMI) 

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. 

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