Animal Feed Enzymes Market Is Expected to Grow US$ 1,487 Mn by 2025 – Credence Research

According to a new market research report published by Credence Research, Inc. “Animal Feed Enzymes Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025,” the global animal feed enzymes market was valued at US$ 842.9 Mn in 2016, and is expected to reach US$ 1,487 Mn by 2025, expanding at a CAGR of 7.4% from 2017 to 2025.

Browse the full Animal Feed Enzymes Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025 report at http://www.credenceresearch.com/report/animal-feed-enzymes-market

Market Insights

Animal feed enzymes are used to produce a large amount of meat at a faster rate with minimal cost per animal. Animal feed enzymes are mainly obtained from plants, animals and microorganisms. These enzymes help to improve the nutrient absorbing capacity and metabolism of animals. Growing population worldwide along with the changing food habits has led to substantial increase in the demand for frozen meat, over the period of time. This is expected to continue driving the demand for feed enzymes so as to improve animal health and produce high quality meat. Rising awareness relating to feedstuff quality along with economical price are among the prime factors stimulating the demand for animal feed enzymes.

Increasing need for higher meat production is the most prominent factor driving the animal feed enzyme market. Increase in disposable income of people, changing food habits and the flourishing supermarkets and hypermarkets has led to the increase in consumption of meat globally. Animal feed enzymes increases the nutrition quotient in animal foodstuff and also lower the amount of animal waste. Thus, the overall animal feed enzymes market is set to exhibit promising growth in the following years.

Europe had the market share of more than 30% in 2016, followed by North America and Asia Pacific. Germany and Spain are largest market for livestock production in Europe region. In Europe, the guidelines gaggle the demand for animal feed enzymes. North America has a huge demand for poultry meat and pork, which in turn accelerates the demand for animal feed enzymes market. Increasing awareness towards healthier and safe meats is positively driving the market. Asia Pacific is likely to have a significant growth over the forecast period, due to rise in socio-economic factors and increasing meat consumers.

Animal feed enzymes market is concentrated with few major players contributing to more than 40% of the total market revenue. This has increased the competitiveness of the industry. Some of the major companies operating in the market include Adisseo France SAS, Alltech Inc., Associated British Fzoods PLC, Azelis Holdings SA, BASF SE, Bio-Cat, Koninklijke DSM N.V., Lesaffre, Novus International, Inc., Rossari Biotech Ltd, and Royal DSM N.V.

About Us:

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Who we are

Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.

Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.

Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.

What we do

We serve customers at each level of their organization, in whatever limit we can be most helpful, whether as a trusted counsel to top management or as a hands-on mentor for forefront representatives. For each engagement, we collect a group with the most suitable experience and ability.

No matter the challenge, we concentrate on delivering functional and persevering results, and preparing our customers to develop and lead. We join forces with customers to place suggestions into practice. Our research specialist work straightforwardly with customers over long stretches to create workforce aptitudes, drive operational change, and apply new working strategies.

Media Contact

Name: Chris Smith (Global Sales Manager)

Address: 105 N 1st ST #429, SAN JOSE, CA 95103 US

E-mail: sales@credenceresearch.com  

Ph: +1-800-361-8290

Web: http://www.credenceresearch.com

Designed by CyFocus.com
Powered by CyFocus.net