Friday 11 October 2019

Animal Feed Enzymes Market Profile | Opportunities & Challenges | Forecast To 2025


Animal Feed Enzymes Market was estimated at USD 1.16 billion in 2015. Enzymes are particles, which are utilized as catalysts in various chemical and biochemical reactions. These products are used as processing additives in the manufacturing of animal foodstuffs.

The products can endure high pelleting temperatures and varying acidic pH conditions. Moreover, these catalytic substances are also used to minimize the viscous nature of non-starch polysaccharides, which are naturally found in animal fodder, and helps in improving the digestion rate of animals. The feed enzymes demand is driven by their growing consumption in processing of pig and poultry fodder.
Carbohydrates, proteases and phytases are the key product segments of the industry. These products are used abundantly, due to their vital properties such as improvement of gut health, reduction of fodder costs and increase in the fodder efficiency.
In terms of revenue, phytases accounted for 83.6% of the global industry in 2015. High amount of phosphorus present in these products helps in the improvement of animal metabolism and reproduction. Additionally, they also increase the consistency of fodder, thus boosting the livestock production. Proteases category is expected to witness fastest growth and is likely to offer noteworthy opportunities in the global market. These products are highly efficient in facilitating the digestion rate of proteins and are extensively used in pigs and poultry feed processing.
Formulation Insights
Feed enzymes are available in liquid and dry commercial formulations in the global industry. Dry formulation accounted for a dominant share in the industry in 2015.
Higher preference for dry formulations is given over the liquid-based additives, due to various factors that include good thermal stability, increased enzyme activity and ease of handling. Dry formulations are generally available in pellet and powdered grades in the industry. This category is expected to witness high penetration in poultry and ruminant applications during the forecast period.
Enzymes are used in livestock fodder for various livestock categories including pigs, poultry, ruminant, pets, equine and aqua. Poultry held the highest market share, constituting 43.9% of the total industry in 2015. Enzymes help to enhance the nutritional value of poultry foodstuffs, minimize the quantity of anti-nutritive elements and promote weight gain among livestock.
Market Segment:
Product Outlook (Revenue, USD Million; 2014 - 2025)
    • Phytases
    • Carbohydrases
    • Proteases
    • Others
Formulation Outlook (Revenue, USD Million; 2014 - 2025)
    • Liquid
    • Dry
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