Global Feed Enzymes Market 2020 COVID-19 Impact, Key Players, Trends, Sales, Supply, Analysis and Forecast 2027

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PUNE, MAHARASTRA, INDIA, September 21, 2020 /EINPresswire.com/ — Feed Enzymes Market:

Executive Summary

Global Feed Enzymes Market is valued approximately USD 1.2 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 8.1 % over the forecast period 2020-2027. The Feed enzymes are used to increase the quality of animal nutrition as well as improve the nutritional properties of animal fodder. Enzymes are natural proteins secreted by microorganism, plant and animals as a part of the feed digestion process. Feed enzymes offer additional nutrients such as minerals and vitamins to the animal feed. Feed Enzymes is facing challenges due to the coronavirus pandemic as manufacturing sectors are temporary shutdown. So various companies has restricted their manufacturing and supply operations which halt the demand of feed enzymes currently. The growing concern regarding animal health and the demand for an increase in the nutrient uptake of feed and rising demand for naturally produced feed and feed additives are the few factors responsible for growth of the market over the forecast period. Furthermore, the rising advancements and other strategic alliance by market key players will create a lucrative demand for this market. For instance: on 13th March 2019, BASF SE launched phytase, Natuphos® E, for the feed industry in Indonesia. The next generation phytase, Natuphos® E helps to utilize nutrients such as phosphorous, calcium, amino acids and energy in poultry. However, hydrolysis of cellulose remains difficult and higher inclusion rates of enzymes may have negative effects is the major factor restraining the growth of global Feed Enzymes market during the forecast period.

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The regional analysis of global Feed Enzymes market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the leading/significant region across the world owing to the presence of a large livestock population & their growth rate, the increase in the number of feed mills. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.

Major market player included in this report are:
BASF SE
Dupont
Koninklijke Dsm N.V
Bluestar Adisseo
Cargill
Associated British Foods Plc
Novozymes
Advanced Enzyme Technologies
Novus International Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Phytase
Carbohydrase
Protease
Others

By Livestock:
Poultry
Swine
Ruminants
Aquatic animals
Others

By Source:
Microorganism
Plant
Animal

By Form:
Dry
Liquid

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Feed Enzymes Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Continuous…

For further information on this report, visit – https://www.wiseguyreports.com/reports/5793182-global-feed-enzymes-market-size-study-with-covid

NOTE : Our team is studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

NORAH TRENT
Wise Guy Reports
+162 825 80070
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Source: EIN Presswire