Global Animal Feed Enzymes Market 2022-2026
Technavio has been monitoring the animal feed enzymes market and it is poised to grow by $ 501.59 mn during 2022-2026, progressing at a CAGR of 8.07% during the forecast period. Our report on the animal feed enzymes market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by rise in global meat consumption and increasing investments and focus on expanding production capabilities. In addition, rise in global meat consumption is anticipated to boost the growth of the market as well.
The animal feed enzymes market analysis includes the form segment and geographic landscape.
Technavio's animal feed enzymes market is segmented as below:
- By Form
- Dry
- Liquid
- By Geography
- APAC
- Europe
- North America
- South America
- MEA
This study identifies the growing demand for feed enzymes owing to rising disease outbreaks in livestockas one of the prime reasons driving the animal feed enzymes market growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on animal feed enzymes market covers the following areas:
- Animal feed enzymes market sizing
- Animal feed enzymes market forecast
- Animal feed enzymes market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading animal feed enzymes market vendors that include AB Enzymes GmbH, Aumgene Biosciences, BASF SE, Chr. Hansen Holding AS, Enmex, International Flavors and Fragrances Inc., Koninklijke DSM NV, Novozymes AS, Novus International Inc., and Specialty Enzymes and Probiotics. Also, the animal feed enzymes market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Companies MentionedAB Enzymes GmbH, Aumgene Biosciences, BASF SE, Chr. Hansen Holding AS, Enmex, International Flavors and Fragrances Inc., Koninklijke DSM NV, Novozymes AS, Novus International Inc., Specialty Enzymes and Probiotics