Market outlook of feed enzymes
Technavios market research analyst predicts the global feed enzymes market to grow at a rate of 7% during the forecast period. The increase in global meat consumption is the key growth driver for this market. The per capita meat consumption globally is around 88 pounds per annum. Animal feed enzymes are an essential ingredient in the nutritional intake in animals, resulting in high-quality animal products.
However, the growing concern regarding the safety of animal feed is expected to deter the market growth during the forecast period. The FDA has passed regulations to ensure the safety of animal feed, medicated feed, and pet food. Manufacturers need to follow the regulations laid out by the FDA and are responsible for producing safe feed and pet feed. Fo4r instance, mammalian meat and bone meal were banned from all farm animal feed in the EU as they were linked to the spread of Bovine Spongiform Encephalopathy in cattle.
Segmentation by livestock and analysis of the global feed enzymes market
Poultry
Swine
Ruminant
Aquaculture
Poultry accounted for 51% of the market during 2014 and is expected to grow at a rate of 8% during the forecast period. The increase in poultry population is driving the demand for feed products globally.
Segmentation by type and further analysis on:
Carbohydrase
Protease
Phytase
Geographical segmentation and analysis of the global feed enzymes market
APAC
Europe
Latin America
MEA
North America
APAC was the largest contributor in terms of revenue in the global market during 2014, with a market share of 36%. The increase in demand for meat products is expected to drive the demand for feed enzymes during the forecast period. China is the leading country for the production of animal feed enzymes in this region.
Competitive landscape and key vendors
The global feed enzymes market is highly competitive due to the presence of leading vendors such as BASF and DuPont. This market research report predicts the market to witness higher consolidation and increase in the influx of private vendors during the forecast period.
The key vendors in the market are
AB Enzymes
BASF
DuPont
DSM
Novozymes
Other vendors in the market include Dyadic, Chris Hansen, and Aum Enzymes.
Key questions answered in the report include
What will the market size and the growth rate be in 2019?
What are the key factors driving the feed enzymes market?
What are the key market trends impacting the growth of the global feed enzymes market?
What are the challenges to market growth?
Who are the key vendors in the feed enzymes market?
What are the market opportunities and threats faced by the vendors in the feed enzymes market?
Trending factors influencing the market shares of the APAC, Europe, Latin America, MEA, and North America?
What are the key outcomes of the five forces analysis of the global feed enzymes market?
Technavio also offers customization on reports based on specific client requirement.
Related reports
Global Industrial Enzymes Market 2015-2019
Global Food Enzyme Market 2015-2019
Global Agricultural Enzymes Market 2015-2019
Global Medicinal Feed Additive Market 2015-2019
Global Animal Feed Market 2015-2019
PART 01: Executive summary
PART 02: Scope of the report
Product definition
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Industrial outlook
Livestock demographics
Meat consumption pattern
PART 06: Market landscape
Introduction
Market overview
Market size and forecast
Five forces analysis
PART 07: Market segmentation by type
Overview
Carbohydrase
Phytase
Protease
PART 08: Geographical segmentation
Market overview
APAC
Europe
North America
Latin America
MEA
PART 09: Market segmentation by livestock
Overview
Poultry
Swine
Ruminant
Aquaculture
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Vendor landscape
Competitive scenario
Industry value chain
Other prominent vendors
PART 16: Key vendor analysis
AB Enzymes
BASF
DuPont
Dyadic International
Royal DSM
PART 17: Appendix
List of abbreviations
PART 18: Explore Technavio
List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Global livestock production 2003-2013 (billions)
Exhibit 03: Global meat consumption pattern by type 1964-2030 (kg per capita, carcass weight equivalent)
Exhibit 04: Global feed enzymes market classification
Exhibit 05: Global feed enzymes market 2014-2019 ($ billions)
Exhibit 06: Five forces analysis
Exhibit 07: Global feed enzymes market by type 2014
Exhibit 08: Global feed enzymes market by type 2019
Exhibit 09: Classification of non-starch polysaccharide enzymes
Exhibit 10: Correlation of growth rates of global carbohydrase enzymes market and dairy industry 2014-2019
Exhibit 11: Correlation of growth rates of global protease enzyme market, dairy industry, and meat product consumption 2014-2019
Exhibit 12: Segmentation of global feed enzymes market by geography 2014
Exhibit 13: Segmentation of global feed enzymes market by geography 2019
Exhibit 14: Animal feed mills and capacity by geography 2015
Exhibit 15: Global production of farm animal feed 2014
Exhibit 16: Feed enzymes market in APAC 2014-2019 ($ millions)
Exhibit 17: Feed enzymes market in Europe 2014-2019 ($ millions)
Exhibit 18: Feed enzymes market in North America 2014-2019 ($ millions)
Exhibit 19: Feed enzymes market in Latin America 2014-2019 ($ millions)
Exhibit 20: Global feed enzymes market by livestock 2014
Exhibit 21: Global feed enzymes market by livestock 2019
Exhibit 22: Global feed enzymes market in poultry sector 2014-2019 ($ millions)
Exhibit 23: Global feed enzymes market in swine sector 2014-2019 ($ millions)
Exhibit 24: Global feed market enzymes market in ruminant sector 2014-2019 ($ millions)
Exhibit 25: Global consumption of animal meat in developed countries 2014-2019 (million MT)
Exhibit 26: Global consumption of animal meat in developing countries 2014-2019 (million MT)
Exhibit 27: Global consumption of animal meat 2014-2019 (million MT)
Exhibit 28: Impact of drivers
Exhibit 29: Impact of drivers and challenges
Exhibit 30: US organic meat, fish, and poultry sales 2005-2014 ($ billions)
Exhibit 31: Comparison of EU and global consumption of pork 2014-2019 (thousand metric tons)
Exhibit 32: Industry value chain
Exhibit 33: Key market vendors 2014
Exhibit 34: Key market vendors 2014
Exhibit 35: AB Enzymes: Product segmentation
Exhibit 36: BASF: Business segmentation 2014
Exhibit 37: BASF: Revenue comparison by business segmentation 2013 and 2014 ($ billions)
Exhibit 38: BASF: Geographical segmentation by revenue 2014 ($ billions)
Exhibit 39: BASF: Geographical segmentation by revenue by 2013 and 2014 ($ billions)
Exhibit 40: DuPont: Business segmentation by revenue 2014
Exhibit 41: DuPont: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 42: DuPont: Geographical segmentation by revenue 2014
Exhibit 43: Dyadic International: Business segmentation by revenue 2014
Exhibit 44: Dyadic International: Business segmentation by revenue 2013 and 2014 ($ millions)
Exhibit 45: Dyadic International: Geographical segmentation by revenue 2014
Exhibit 46: DSM: Business segmentation by revenue 2014
Exhibit 47: DSM: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 48: DSM: Geographical segmentation by revenue 2014
