Global Animal Feed Phytase Market Growth 2023-2029

Global Animal Feed Phytase Market Growth 2023-2029

This report studies the Animal Feed Phytase market. A phytase (myo-inositol hexakisphosphate phosphohydrolase) is any type of phosphatase enzyme that catalyzes the hydrolysis of phytic acid (myo-inositol hexakisphosphate) – an indigestible, organic form of phosphorus that is found in grains and oil seeds – and releases a usable form of inorganic phosphorus.

LPI (LP Information)' newest research report, the “Animal Feed Phytase Industry Forecast” looks at past sales and reviews total world Animal Feed Phytase sales in 2022, providing a comprehensive analysis by region and market sector of projected Animal Feed Phytase sales for 2023 through 2029. With Animal Feed Phytase sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Animal Feed Phytase industry.

This Insight Report provides a comprehensive analysis of the global Animal Feed Phytase landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Animal Feed Phytase portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Animal Feed Phytase market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Animal Feed Phytase and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Animal Feed Phytase.

The global Animal Feed Phytase market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

In United States, the south is the largest market with about 33% market share. The West is follower, accounting for about 19% market share.

The key players are BASF, DowDuPont, DSM, AB Enzymes, Beijing Smistyle, VTR, Jinan Tiantianxiang (TTX), Huvepharma, Novozymes, Vland Biotech Group, Kemin Industries, Willows Ingredients, Adisseo etc. Top 3 companies occupied about 66% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Animal Feed Phytase market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Granular Phytases
Powder Phytases
Liquid Phytases
Thermostable Phytases

Segmentation by application
For Swine
For Poultry
For Ruminants
For Aquatic Animals
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BASF
DuPont
DSM
AB Enzymes
Beijing Smistyle
VTR
Jinan Tiantianxiang (TTX)
Huvepharma
Novozymes
Vland Biotech Group
Kemin Industries
Willows Ingredients
Adisseo

Key Questions Addressed in this Report

What is the 10-year outlook for the global Animal Feed Phytase market?

What factors are driving Animal Feed Phytase market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Animal Feed Phytase market opportunities vary by end market size?

How does Animal Feed Phytase break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.