Global Animal Source Feed Enzymes Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Animal Source Feed Enzymes market size was valued at USD 1525.8 million in 2023 and is forecast to a readjusted size of USD 2417.4 million by 2030 with a CAGR of 6.8% during review period.
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.
According to Our PET Supplies Research Center, the global pet industry reached $ 261 billion in 2022, a year-on-year increase of 11.3%. The United States gains the highest pet penetration rate and becomes the largest pet market. According to the American Pet Products Association (APPA), 66% of American households keep pets, and the total industry sales was about US$136.8 billion, an increase of 10.8% over 2021. According to IVH, the German pet products industry association, the number of pets in Germany reached 33.4 million in 2022, with a total turnover of nearly €6.5 billion. The 2023 China Pet Industry Trend Insight White Paper released by JD shows that the market size of the four major pet physical commodities is increasing year by year: pet supplies account for 45%, pet staple food accounts for nearly 35%, pet snacks account for 12%, and pet medicine and health care account for 219%.
The Global Info Research report includes an overview of the development of the Animal Source Feed Enzymes industry chain, the market status of Poultry (Dry, Liquid), Swine (Dry, Liquid), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Animal Source Feed Enzymes.
Regionally, the report analyzes the Animal Source Feed Enzymes markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Animal Source Feed Enzymes market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Animal Source Feed Enzymes market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Animal Source Feed Enzymes industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Kiloton), revenue generated, and market share of different by Type (e.g., Dry, Liquid).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Animal Source Feed Enzymes market.
Regional Analysis: The report involves examining the Animal Source Feed Enzymes market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Animal Source Feed Enzymes market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Animal Source Feed Enzymes:
Company Analysis: Report covers individual Animal Source Feed Enzymes manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Animal Source Feed Enzymes This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Poultry, Swine).
Technology Analysis: Report covers specific technologies relevant to Animal Source Feed Enzymes. It assesses the current state, advancements, and potential future developments in Animal Source Feed Enzymes areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Animal Source Feed Enzymes market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Animal Source Feed Enzymes market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Dry
Liquid
Market segment by Application
Poultry
Swine
Ruminants
Aquatic Animals
Others
Major players covered
BASF SE
Dupont
Koninklijke DSM N.v
Novozymes
Advanced Enzyme Technologies
Kemin Industries, Inc.
Novus International Inc.
Azelis Holdings SA
Alltech
Bio Cat
Rossari Biotech Ltd.
Biovet JSC
Amorvet
ADM
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Animal Source Feed Enzymes product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Animal Source Feed Enzymes, with price, sales, revenue and global market share of Animal Source Feed Enzymes from 2019 to 2024.
Chapter 3, the Animal Source Feed Enzymes competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Animal Source Feed Enzymes breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Animal Source Feed Enzymes market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Animal Source Feed Enzymes.
Chapter 14 and 15, to describe Animal Source Feed Enzymes sales channel, distributors, customers, research findings and conclusion.