Los Angeles, CA -- (SBWIRE) -- 04/16/2019 -- 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.
In the world, the main manufacturers include Novozymes, DuPont (Danisco), AB Enzymes, DSM, Aum Enzymes, BASF, CHR.Hansen, Soufflet Group and so on. Novozymes is the biggest manufacturer in the world, in 2016 it sold 72.59 K MT feed enzymes. The market concentration isn't relatively dispersed, the top 3 manufacturers totally take about 34% share of the global market.
We tend to believe this industry is a promising industry, and the consumption increasing degree will show a smooth growth curve. For product prices, the slow downward trend in recent years will maintain in the future as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin.
The global Animal Feed Enzymes market was 1130 million US$ in 2018 and is expected to 1640 million US$ by the end of 2025, growing at a CAGR of 4.8% between 2019 and 2025.
This report studies the Animal Feed Enzymes market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Animal Feed Enzymes in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Novozymes
DuPont(Danisco)
AB Enzymes
DSM
Aum Enzymes
BASF
CHR.Hansen
Soufflet Group
SEB
Kemin
Yiduoli
Adisseo
Longda Bio-products
Sunhy Group
Beijing Smistyle
Beijing Challenge Group
Sunson
Youtell Biochemical
By the product type, the market is primarily split into
Phytases
Carbohydrases
Proteases
Other
By the end users/application, this report covers the following segments
Poultry
Swine
Ruminant
Aquaculture
Key Regions split in this report:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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