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Provision of feed cost-efficiency is a significant factor driving global feed enzymes market revenue growth

VANCOUER, BC, CANADA, June 20, 2023/einpresswire.com / -- The global feed enzymes market size is expected to reach USD 2.89 Billion at a steady revenue CAGR of 8.1% in 2030, according to a latest analysis by Emergen Research. The provision of feed cost-efficiency can be attributed to the steady market revenue growth of feed enzymes. Using feed enzymes is cost-effective in various different ways. Enzyme supplements are an effective approach to promoting general good health in farmed animals by increasing the absorption rate of supplements in the stomach. Animals will be healthier for longer periods of time owing to better nutrient retention from their feed, which aids intestinal health and prevents the formation of disease-causing microscopic organisms. This can reduce sickness and ailment frequency in animals, lowering veterinarian costs and increasing overall efficiency.

The livestock industry is one of the most dynamic in the world. It is changing in developing countries in response to rapidly rising demand for animal products. Demand for cattle products is stagnant in industrialized countries, while many production techniques are improving their efficiency and environmental sustainability. Human population expansion, wealth growth, and urbanization have all influenced demand for livestock products in the past, and the production response in various livestock systems has been linked to science and technology as well as increases in animal numbers. This is another major factor driving revenue growth of the market.

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The Feed Enzymes Market is a rapidly growing industry with several key players. Companies like BASF SE, DuPont de Nemours, Inc., Koninklijke DSM N.V., Bluestar Adisseo Co., Ltd., Cargill, Incorporated, Associated British Foods plc, Novozymes, Advanced Enzyme Technologies, Kemin Industries, Inc., and Novus International. are at the forefront of innovation in this field. They are developing Feed Enzymes Market devices for a range of Livestock Outlook including Poultry, Swine, Ruminants ,Aquatic Animals

Top Feed Enzymes Market Companies in Worldwide:

BASF SE:

BASF SE is a leading global chemical company that offers a wide range of products and solutions across various industries. They provide innovative solutions for agriculture, nutrition, and health, including enzymes and nutritional additives. Their products and expertise contribute to improving the quality and sustainability of animal nutrition and feed additives.

DuPont de Nemours, Inc.:

DuPont de Nemours, Inc., commonly known as DuPont, is a multinational conglomerate that operates in various sectors, including agriculture, nutrition, and biosciences. Their portfolio includes specialty enzymes and nutritional solutions for animal health and nutrition. DuPont's offerings focus on enhancing animal performance, improving feed efficiency, and reducing environmental impacts.

Koninklijke DSM N.V.:

Koninklijke DSM N.V., commonly known as DSM, is a global science-based company that specializes in nutrition, health, and sustainable living solutions. DSM offers a wide range of enzymes and nutritional ingredients for animal feed, contributing to animal health, productivity, and environmental sustainability. Their solutions aim to address the evolving needs of the animal nutrition industry.

Bluestar Adisseo Co., Ltd.:

Bluestar Adisseo Co., Ltd. is a leading global provider of nutritional solutions for animal health and well-being. They offer a range of feed additives, including enzymes, probiotics, and amino acids, to improve animal nutrition, digestion, and performance. Bluestar Adisseo's products and services aim to optimize animal production and contribute to sustainable and efficient farming practices.

Cargill, Incorporated:

Cargill, Incorporated is a multinational food and agricultural conglomerate that provides a wide range of products and services across the agricultural supply chain. They offer innovative animal nutrition solutions, including enzymes, premixes, and feed additives, to enhance animal health and performance. Cargill focuses on delivering sustainable and responsible solutions that contribute to the overall well-being of animals.

Associated British Foods plc:

Associated British Foods plc is a diversified multinational company with operations in various sectors, including agriculture, food, and retail. Their animal nutrition division offers enzymes and other feed additives to improve animal health, digestion, and nutrient utilization. Associated British Foods aims to provide high-quality nutritional solutions for livestock, poultry, and aquaculture industries.

Novozymes:

Novozymes is a global biotechnology company that specializes in enzymes and microorganisms for various industries, including animal nutrition. They offer a broad portfolio of enzymes specifically designed for animal feed applications, enabling better feed efficiency, gut health, and nutrient utilization. Novozymes' solutions contribute to sustainable and responsible animal production.

Advanced Enzyme Technologies:

Advanced Enzyme Technologies is a leading Indian enzyme company that develops and manufactures enzymes for various industries, including animal nutrition. They offer a range of specialty enzymes that aid in the digestion and utilization of feed nutrients, promoting better animal health and performance. Advanced Enzyme Technologies focuses on delivering innovative enzyme solutions for the animal nutrition sector.

Kemin Industries, Inc.

Kemin Industries, Inc. is a global ingredient manufacturer that provides solutions for various industries, including animal nutrition and health. They offer a range of feed additives, including enzymes, antioxidants, and antimicrobials, to enhance animal performance, health, and well-being. Kemin Industries aims to deliver science-based solutions that improve the efficiency and sustainability of animal production.

Novus International:

Novus International is a global company specializing in animal nutrition solutions. They offer a wide range of feed additives, including enzymes, organic trace minerals, and gut health products, to optimize animal nutrition and performance. Novus International's solutions aim to improve animal health, productivity, and sustainability, supporting the needs of the livestock and aquaculture industries.

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Future Growth :

Increasing demand for animal protein

Focus on animal health and nutrition

Regulatory support and guidelines

Advancements in enzyme technology

Growing focus on sustainable farming practices

Technological integration and precision feeding

The feed enzymes market is poised for future growth, driven by factors such as the increasing demand for animal protein, focus on animal health and nutrition, regulatory support, advancements in enzyme technology, growing focus on sustainable farming practices, and technological integration. The adoption of feed enzymes offers numerous benefits, including improved animal performance, feed efficiency, and environmental sustainability. As the agriculture and livestock industries continue to evolve, feed enzymes will play a pivotal role in enhancing animal nutrition and meeting the demands of a growing population.

Emergen Research has segmented the global feed enzymes market on the basis of type, source, livestock and region:

Type Outlook (Revenue, USD Million; 2019–2030)
Phytase
Protease
Carbohydrase
Others
Source Outlook (Revenue, USD Million; 2019–2030)
Microorganism
Plant
Animal
Livestock Outlook (Revenue, USD Million; 2019–2030)
Poultry
Swine
Ruminants
Aquatic Animals
Others

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Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:

United States

Europe

China

Japan

Southeast Asia

India

We can also provide the customized separate regional or country-level reports, for the following regions:

North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

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