The Report Titled on “Global Feed Enzymes Market – Growth, Trends and Forecasts (2019 – 2023)”, Delivers Information studies of the current situation (with the base year being 2019) and the growth prospects of global Feed Enzymes Forecast market 2019-2023.
“Feed Enzymes Market Report 2019-2023” helps the consumer to take business decisions and to understand strategies of major players in the industry. The report also calls for market-determined results deriving feasibility survey for consumer needs. Global Feed Enzymes Market Report ensures qualified and verifiable aspects of market data operating in the real-time scenario. The analytical studies are conducted ensuring consumer needs with a complete understanding of market capacities in the real-time scenario.
The Key Players covered in this study:-
Alltech Inc., Archer Daniels Midland Co., Bio Multimin Inc., Biochem Lohne Germany, Cargill Inc., Davidsons Animal Feeds, Kemin Industries Inc., Mercer Milling Co. Inc., Novus International Inc., Nutreco NV
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Overview of Feed Enzymes Market Report:
Feed enzymes are included in feeds to improve the utilization of energy and nutrients or to degrade several undesired components. These feed enzymes primarily improve the gut and performance of animals while considerably reducing feed and waste management costs thus making animal husbandry sustainable. Usage of enzymes improves animal performance, profitability of livestock farmers and reduces environmental pollution. The end consumers of feed enzymes are compound feed manufacturers, integrators, farmers, home-mixers, livestock, and aquaculture industry.
Changing Demographics in Asia-Pacific and South America
The demand for meat based food products is rising in Asia-Pacific and South America regions especially in China, India, Brazil, Argentina etc. with rapid economic growth in the regions.
This increased demand for meat protein has triggered meat production in the region, where uptake of feed and feed enzymes has increased and is expected to show a healthy growth rate. Apart from improving nutritional value, feed enzymes is gaining importance for their role in meat quality improvement with concern over the environment. Demand increase can be reasoned here as many countries in the regions are experiencing continuous economic growth that has led to change in demographics, food habit and life style; globalization and urbanization effect tend to change the mindset of people in the region while consumers experiment more in their food habits. The food habit and eating pattern have shifted from cereal and vegetable based to more meat protein based now.
China is the leading meat consumers in the region, because of fast economic growth, changing food pattern and increased meat production in the country. While the demand growth is seen positive, end-user awareness and the conservative approach towards feed sector is expected to remain a challenge for industry growth in Asia-Pacific and Latin America. Vietnam and Thailand are estimated to be the fastest-growing consumer markets for meat based products. India is the potential market due to the increased intensive farming system.
Livestock Disease Outbreak Fuelling Additives Market
The application of enzymes in feeds often helps to control various livestock and human diseases including the induction of cancer, mutagenicity and estrogenic gastrointestinal, urogenital, vascular, kidney and nervous disorders. Significant economic losses are associated with their impact on human health, animal productivity, and both domestic and international trade. Food and feed safety has become an important issue for many governments around the world, especially in North America and Europe. Feed enzymes in animal feed prevent the contamination of feed by Mycotoxins and hence prevent livestock and human diseases.
Phytase (enzyme) has a significant effect on digestibility of calcium, phosphorus and minerals as well as intestinal mucin production and mineral supply to the body, all of which help in overall nutrient supply, waste/excreta reduction and maintaining intestinal health. A healthy intestine functions in better digestibility, better selection of bacteria and overall better animal immunity. Certain enzymes like Protease can degrade anti-nutritional factors and allergenic proteins in feedstuffs. Further, by improving nutrient digestibility and animal gut health, fewer nutrients are available in the animalâs gut for the potential growth of disease-causing bacteria. Feed enzymes by keeping the proper gut/intestinal health help in controlling the internal parasites and related diseases also.
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Market Segment by Regions, regional analysis covers
- North America (the United States, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, and Italy)
- Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
- South America (Brazil, Argentina, Colombia, etc.)
- The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)