Carbohydrate Enzyme Preparation Market Size, Share & Industry Analysis, By Form (Liquid, Solid), By Application (Chicken Feed, Pig Feed, Others) and Regional Forecast, 2024-2032
KEY INDUSTRY INSIGHTS
The agricultural industry began the use of enzymes in 1920. The use of enzymes in supplements aids digestion and improve the nutritional value of the feeds that adds on meat of the animal. These enzymes are mostly amaylase, xylanase, carbohydrase, and glucanase. The increasing demand for meat from all over the world is surging the demand for the carbohydrate enzyme preparation market.
The increasing awareness in consumers about the importance of having animal protein in the diet attributed to its benefits is boosting the demand for animal meat. Additionally, the increasing adoption of animal husbandry by farmers as parallel business along with agriculture is creating demand for animal feed which substantially is driving the carbohydrate enzyme preparation market.
However, high cost related to the isolation and purification of the enzymes is likely to hinder the market growth.
Key Market Driver -
Increasing demand from agricultural sector.
Key Market Restraint -
High isolation and purification cost.
Market Segmentation:
Based on form, the market is segmented into solid and liquid. Based on application, the market is segmented into chicken feed, pig feed, and others.
From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Key Players Covered:
The global carbohydrate enzyme preparation market consists of global & regional players operating. Some of the key players in the market include Novozymes, Chr Hansen, Amano Enzyme, BASF, Specialty Enzymes, DSM, AB Enzymes, Advanced Enzymes, Dupont, and Others.
Key Insights
- New Advancements in Production Technologies
- Key Trends in the Carbohydrate Enzyme Preparation Market
- New Product Launches, Expansions, Key Players
- Ranking of Key Players in the Market
Regional Analysis:
The market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounts for the largest share in the market attributed to the high demand for animal meat. Asia Pacific holds significant share in market due to the increasing demand for animal meat from densely populated countries like China and India. Europe is expected to show sensible growth due to the ample number of manufacturing companies and increasing demand for animal meat in the region. Latin America and Middle East and Africa are expected to show considerable growth by the end of the forecast period.
To gain extensive insights into the market, Request for Customization
Segmentation
ATTRIBUTE | DETAILS |
By Form |
|
By Application |
|
By Geography |
|
Carbohydrate Enzyme Preparation Industry Developments
- In September 2018, Novoenzymes and DSM launched the first enzyme feed additive ‘Balancius’ to improve gut functionality and absorption of nutrients for broiler chickens. This is expected to increase the feed efficiency and food yield.
- In March 2018, BASF gets the approval from EU for phytase product, a pig and poultry feed enzyme.
- Ongoing
- 2023
- 2019-2022
-
Get in Touch with Us
-
US +1 833 909 2966 ( Toll Free )
-
