Feed Enzymes Market Potential Growth, Share, Demand and Analysis of Key Players – Research Forecasts

Data Bridge Market Research has recently added a concise research on the Feed Enzymes Market to depict valuable insights related to significant market trends driving the industry. The report features analysis based on key opportunities and challenges confronted by market leaders while highlighting their competitive setting and corporate strategies for the estimated timeline. Some are the key & emerging players that are part of coverage and have being profiled are BASF SE; DuPont; Associated British Foods plc; Koninklijke DSM N.V.; BEHN MEYER; Azelis S.A.; Adisseo; NOVUS INTERNATIONAL; Rossari; BIO-CAT; BEC Feed Solutions; BioResource International, Inc.; Bioproton Pty Ltd.; Alltech; Lesaffre; Advanced Enzyme Technologies; Karyotica Biologicals Pvt Ltd.

Global feed enzymes market is expected to register a substantial CAGR of 7.11% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017

Market Definition: Global Feed Enzymes Market

Feed enzymes are food additives/nutritional ingredients added to the feed diet of various animal variants to enhance their nutritional intake so that their growth rate can be enhanced. These enzymes offer different nutritional benefits depending on their type; some are digestive enzymes, nutritional enzymes and some offer growth enhancement.

Top Manufacturers Profiles Operating in the Feed Enzymes Market:

Few of the major competitors currently working in the global feed enzymes market are BASF SE; DuPont; Associated British Foods plc; Koninklijke DSM N.V.; BEHN MEYER; Azelis S.A.; Adisseo; NOVUS INTERNATIONAL; Rossari; BIO-CAT; BEC Feed Solutions; BioResource International, Inc.; Bioproton Pty Ltd.; Alltech; Lesaffre; Advanced Enzyme Technologies; Karyotica Biologicals Pvt Ltd.; Aum Enzymes; CapriEnzymes; Enzyme Innovation; Lumis; VEMO 99 Ltd.; Biovet; Chr. Hansen Holding A/S; Novozymes; Cargill, Incorporated; New Hope Group; ENMEX; Aumgene Biosciences and Archer Daniels Midland Company among others.

Feed Enzymes Market Drivers and Market Restraints:

Market Drivers:

• Increasing demand and preference for animal-based products and services is expected to drive the growth of the market
• Laws preventing the use of antibiotics and other unethical growth promoters is expected to drive the growth of the market
• High levels of financial costs associated with the usage of feed in agriculture practices resulting in the need for improving their effectiveness is also expected to augment growth of the market
• Usage of these enzymes have a positive impact on the overall eco-system and its balance as it enhances the animal health; this factor is expected to enhance the growth of the market

Market Restraints:

• Presence of strict regulatory structure and intervention of various different authorities in the agriculture industry; this factor is expected to restrict the growth of the market
• Requirement of large costs for investing in R&D for the advancement of enzyme technology; this factor is expected to restrict the growth of the market
• Over-utilization of these goods resulting in negative health impacts/side-effects on the animals is expected to restrict the growth of the market

Competitive Analysis:

Global feed enzymes market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of feed enzymes market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa

Key Developments in the Market:

• In July 2018, Archer Daniels Midland Company announced that they had acquired Neovia for USD 1.8 billion approximately to fulfil their strategic plan of expanding their business operations for animal nutrition. The acquisition will help in expansion of Neovia’s production facilities across various geographical regions along with the R&D facilities. This will help in significant improvement in the presence of Archer Daniels Midland Company especially in the France region
• In July 2017, Advanced Enzyme Technologies announced that they had agreed to acquire Evoxx Technologies GmbH for 7.65 million Euros which will help in the improvement of enzyme capabilities of Advanced Enzyme Technologies, with a greater focus on R&D advancements. This acquisition will also improve the presence of Advanced Enzyme’s presence in the European region

Why Choose Feed Enzymes Market Report?

Feed Enzymes Market Report follows a multi- disciplinary approach to extract information about various industries. Our analysts perform thorough primary and secondary research to gather data associated with the market. These enzymes offer different nutritional benefits depending on their type; some are digestive enzymes, nutritional enzymes and some offer growth enhancement.

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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches.