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The increase in consumption of meat is expected to propel the growth of the feed enzymes market going forward.

The global feed enzymes market is expected to grow from $1.59 billion in 2022 to $1.72 billion in 2023 at a compound annual growth rate (CAGR) of 8.4%. The market is expected to reach $2.30 billion in 2027 at a CAGR of 7.5%.

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Global Feed Enzymes Market Segments Include:

• By Type: Protease, Phytase, Carbohydrase, Other Types
• By Source: Microorganism, Plant, Animal
• By Form: Dry, Liquid, Other Forms
• By Livestock: Swine, Poultry, Ruminants, Aquatic Animals, Other Livestocks
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global feed enzymes market in 2021.

Major Market Players in the feed enzymes market include BASF SE, Koninklijke DSM N.V., Adisseo France SAS, Associated British Foods plc., Alltech Inc., E. I. du Pont de Nemours and Company, Archer Daniels Midland Company.

Product innovation is a hot trend in the feed enzymes market. To maintain their market position, major players in the feed enzymes market are using innovative technologies. For example, BASF SE, a German chemical corporation, will debut Natupulse TS, a new enzyme product for animal feed, in December 2021. It is made up of a non-starch polysaccharide (NSP) enzyme that hydrolyzes ß-mannans into smaller components like manno-oligosaccharides (MOS). Natupulse TS cleaves these ß-mannans via mannanase activity, enhancing feed nutrient absorption. Furthermore, the MOS formed by ß-mannan hydrolysis could have prebiotic characteristics.

The Feed Enzymes Global Market Report 2023  provides a feed enzymes market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The feed enzymes market forecast analyzes feed enzymes market size, feed enzymes market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Feed enzymes refer to biological catalysts composed of proteins that facilitate digestion by breaking down starch, protein, and fat in the digestive system to improve the utilization of the feed to increase the number of nutrients available to the body. It is used to improve nutrient capture efficiency and get rid of anti-nutrients derived from feed.

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