Global Phytase Enzyme for Poultry Market Growth 2024-2030
Phytase when used as a feed enzyme is designed specifically to improve the availability of phosphorus from plant sources. Phytase is derived from a strain of Pichia pastoris through a proprietary cultivation and extraction technique. It can degrade phytic acid into inositol, or phosphoinositide and phosphoric acid. This product can eliminate the monogastric animal anti-nutrient action due to non-decomposition of phytic acid so as to improve the utility of nutrition. This enzyme also reduces the environmental pollution caused by the use of phosphorus.
The global Phytase Enzyme for Poultry market size is projected to grow from US$ 181 million in 2024 to US$ 248 million in 2030; it is expected to grow at a CAGR of 5.4% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Phytase Enzyme for Poultry Industry Forecast” looks at past sales and reviews total world Phytase Enzyme for Poultry sales in 2023, providing a comprehensive analysis by region and market sector of projected Phytase Enzyme for Poultry sales for 2024 through 2030. With Phytase Enzyme for Poultry sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Phytase Enzyme for Poultry industry.
This Insight Report provides a comprehensive analysis of the global Phytase Enzyme for Poultry 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 Phytase Enzyme for Poultry portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Phytase Enzyme for Poultry market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Phytase Enzyme for Poultry 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 Phytase Enzyme for Poultry.
United States market for Phytase Enzyme for Poultry is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Phytase Enzyme for Poultry is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Phytase Enzyme for Poultry is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Phytase Enzyme for Poultry players cover BASF, Danisco, DSM, AB Enzymes, Adisseo, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Phytase Enzyme for Poultry market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Granular Phytases
Powder Phytases
Liquid Phytases
Thermostable Phytases
Segmentation by Application:
Chicken
Goose
Duck
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 analysing the company's coverage, product portfolio, its market penetration.
BASF
Danisco
DSM
AB Enzymes
Adisseo
VTR
Jinan Tiantianxiang (TTX)
Huvepharma
Novozymes
Vland Biotech Group
Key Questions Addressed in this Report
What is the 10-year outlook for the global Phytase Enzyme for Poultry market?
What factors are driving Phytase Enzyme for Poultry market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Phytase Enzyme for Poultry market opportunities vary by end market size?
How does Phytase Enzyme for Poultry break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.