(Entertainment-NewsWire.com, May 10, 2017 ) “Asia-Pacific Feed Enzymes Market" research report, published by Market Data Forecast estimates that the market is growing with a CAGR of 7.40% to reach USD 32.99 billion by 2021, from USD 23.09 billion in 2016, which amounts to a cumulative growth of USD 9.90 billion.
Feed enzymes are artificial feed additives that are added for controlling infectious diseases widely common in animals and for supporting animal growth. Feed enzymes aid in increasing the rate of biochemical reactions that supports the animal’s life. They are helpful in the extraction of extra nutrients from the animal feed and aids reduction of animal waste, which decreases the amount of phosphorus and nitrogen in animal excreta, which has a protective effect on the environment.
The report also presents detailed analysis of various factors affecting the Feed Enzymes Market bearing either positive or negative drivers. Some of those factors are • Raised consumption of meat due to a shift in the lifestyles of consumers • Increasing awareness on the safety and quality of meat • Increasing customer attention towards superior quality feed grades which should be nutritive and balanced • Government regulatory structure and interventions in terms of sales and pricing, and unmanageable environment conditions
For granular level understanding the Feed Enzymes Market is segmented based on Ingredient and Animal Type, each being provided with Market Size Estimations and Y-o-Y Forecasts. Each of these segments are further sub segmented into, Based on Ingredients: Carbohydrase, Phytase, others and Based on Animal Type: Ruminant, Swine, Poultry, Aquaculture and others. Poultry and swine segments comprises majority of feed enzyme market share followed by ruminants. Carbohydrase is the most widely used enzymes.
With India and China being the major economies with unexplored customer base, have been covered in the study. The report also focuses on other regions like Japan, Australia, South Korea and Rest of Asia-Pacific. China is the key manufacturer which accounts of approximately about half of the production of feed Enzymes in Asia-Pacific region. Australia and Thailand are the quickest growing markets within the region. Production in India and China is unceasingly increasing which is result in rising demand for feed enzymes for pork and poultry industries. Some of the key players that operate in the Asia-Pacific Feed Enzymes Market include DSM, DuPont, Alltech, BASF Corporation, Novozymes and Adisseo France. Other Major players in the market are Advanced Enzymes Technologies Limited, AB Enzymes GmbH, Biocatalysts ltd, Amano Enzyme Inc. Bio Vet JSC, Enmex Sa De Cv, Chr. Hansen Inc, PURATOS GROUP, Lesaffre Group, Shenzhen Leveking Bio-Engineering Co. Ltd, Rossari Biotech Limited and Sunson Industry Group Company Limited.
Proteases are rapidly gaining momentum as key protein digestibility improves in animal foodstuffs & nutrition sectors. In May 2014, Royal DSM N.V. released a new product range of protease enzymes. This strategic move was accomplished to keep up with the growing consumer necessities of animal proteins combined with the increase in the meat consumption in developing nations.
The Asia- Pacific Feed Enzymes Market report offers wide-range of scope: • Regional and country-level analysis that provides an individual perspective of Asia-Pacific region and the aforementioned countries • Know more about key areas of industry growth via detailed Segment-level analysis on basis of Ingredient and Animal Type along with market size forecasts and y-o-y estimations • Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics • Strategic Analyses containing PESTLE and Porter’s Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics • Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies • Market Outlook - Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market
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