Insights of Animal Feed Enzymes Market in Global Industry : Technology, Applications, Growth and Status 2017-2026
The global animal feed enzymes market is expected to witness significant growth attributed to increasing production of the livestock such as poultry, fish and pigs.
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Prevalence of various food-borne and zoonotic diseases is further expected to impact growth of the global animal feed enzyme market positively. Manufacturers are increasingly adopting nanotechnology for enhanced production. Moreover, manufacturing companies are focusing on entering into collaborations in order to gain a competitive edge over the other market players globally.
The report reveals an in-depth insight on crucial aspects of the global animal feed enzymes market and further provides information on related to the competitive landscape, factors fuelling growth of the global market, important segments and growth patterns.
Global Animal Feed Enzymes Market: Dynamics
Growth of the global animal feed enzymes market is mainly bound by various macro-economic and micro-economic factors. The report reveals that the global animal feed enzymes market is mainly driven by increasing production of livestock such as poultry, pigs and fish. Increasing demand to improve quality of the product and keep the energy values and metabolism rate intact has fuelled sales of the animal feed enzymes significantly. Growing prevalence of the food-borne diseases and zoonotic diseases is expected to contribute towards growth of the global animal feed enzymes market. Zoonotic diseases such as campylobacteriosis and avian flus will continue to boost sales of the animal feed enzymes globally.
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Global Animal Feed Enzymes Market: Segmentation
The retail chains that are supplying meat products in the developed countries such as Australia, U.K., Netherlands and U.S. have raised their standards for the product quality and safety measures. Moreover, customers are becoming more aware regarding the quality standards of the meat products. These factors will continue to contribute towards growth of the global animal feed enzymes market.
In the next section, the global animal feed enzymes market is segmented as product type, form and region. On the basis of product type, the global market is segmented as phytase, carbohydrase, proteases, poultry, ruminants, swine, aquatic and other. Based on form, the global market is segmented as liquid and dry. By region, the global market is segmented as North America, Latin America, Europe, Japan, APEJ and MEA.
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Global Animal Feed Enzymes Market: Competition
Key players in the global animal feed enzymes market are BASF SE, E. I. Du Pont De Nemours and Company, Novozymes, Azelis Holdings SA, Novus International, Inc., Associated British Foods PLC, Bio-Cat, Alltech Inc., Rossari Biotech Ltd and Lesaffre.
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