Feed Enzymes Market 2023 : Feed Enzymes are proteins, they are composed of amino-acids, which are produced by all living organisms. Enzymes are responsible for many reactions and biological activities in plants, animals, human beings, and microorganisms. Enzymes are essential for all metabolic processes, but are not themselves living materials. Feed enzymes catalyze chemical processes that convert nutrients into energy and new tissue.
Report Overview
Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Feed Enzymes estimated at US$ 968.9 million in the year 2022, is projected to reach a revised size of US$ 1320.9 million by 2028, growing at a CAGR of 5.3% during the forecast period 2022-2028.
The USA market for Feed Enzymes is estimated to increase from $ million in 2022 to reach $ million by 2028, at a CAGR of % during the forecast period of 2023 through 2028.
The China market for Feed Enzymes is estimated to increase from $ million in 2022 to reach $ million by 2028, at a CAGR of % during the forecast period of 2023 through 2028.
The Europe market for Feed Enzymes is estimated to increase from $ million in 2022 to reach $ million by 2028, at a CAGR of % during the forecast period of 2023 through 2028.
The global key manufacturers of Feed Enzymes include BASF SE, Associated British Foods Plc, DowDuPont, Royal DSM N.V., Adisseo France SAS, Rossari Biotech Ltd, BIO-CAT, Azelis Holdings SA, Altech Inc and Novozymes, etc. In 2021, the global top five players had a share approximately % in terms of revenue.
Top Key Players:
- BASF SE
- Associated British Foods Plc
- DowDuPont
- Royal DSM N.V.
- Adisseo France SAS
- Rossari Biotech Ltd
- BIO-CAT, Azelis Holdings SA
- Altech Inc
- Novozymes
- Elanco
Feed Enzymes Market By Applications
- Aqua feed
- Swine feed
- Ruminant feed
- Poultry feed
Feed Enzymes Market By Types
- Pectinase
- Xylanse
- Cellulose
- Mannose
- Glucanase
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