Animal Feed Enzymes Market Recent Developments, Emerging Trends and Business Outlook

 Global Animal Feed Enzymes Market: Trending in 2021

 

The global animal feed market size is anticipated to reach $337.7 billion by 2026, growing at a CAGR of 4.7% during the forecast period, according to a report published by Polaris Market Research. The report ‘Animal Feed Market Size By Product Type (Compound Feed, Fodder, Forage), By Animal Type (Livestock (Poultry, Cattle, Pigs, Aquaculture, Others) Pet Animals), By Regions & Segments Forecast, 2018 – 2026’ provides an extensive analysis of present market dynamics and predicted future trends.

 

Animal feeds have contributed significantly in the growth of food industry globally and feed are among the most crucial and essential component for retaining abundant, affordable and safe animal proteins. For over a decade, the world has witnessed rising demand for proteins derived from animal, including fish, livestock, and dairy. The growth has been witnessed mainly in the developing regions as reported by IFIF, wherein the developed regions have witnessed fluctuating stabilities in growth. The global feed industry has witnessed production expansion in terms of volume and value. This phenomenon has taken place concerning growing worldwide population, more consumer purchasing power, and rising urbanization.

 

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With modern population achieving new levels of political and commercial involvements, there is an anticipated enhancement in the demand for animal feed further which is crucially significant in the entire food chain for its role. As the producer’s perseverance becomes more consumer-oriented and focused, the outcomes include increasing environmental footprint with even more rapidly growing requirements for sustainability. Mill and farm feed have witnessed a push on account of increasing environmental impact and greenhouse gases concerning the production of animals.

 

Some of the significant market participants currently operating in the industry include DaChan Food (Asia) Ltd., Yuetai Group, Smithfield Foods, NongHyup Feed Inc., Tangrenshen Group (TRS), East Hope Group, Nutreco, De Heus, Haid Group, Shuangbaotai Group (Twins Group), Agrifirm Group, JA Zen-Noh, Purina Animal Nutrition, ForFarmers N.V., Tyson Foods (broiler), New Hope Liuhe, BRF, Wen’s Food Group, Cargill, and CP Group.

 

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The selectivity priority by consumers in the purchase of eggs, meat, and dairy products, have been coupled with the questions of particular animal feeds and the breeding conditions related to each. Feed mills are also considered to be most crucial to the value chain as a human diet id directly influenced by these which have also gained an enthusiastic consumer culture. Feed is considered to be very essential as these might contain adulterated components which can be a serious issue for the food safety. Thus, the global feed market has shown interest in extensive production of organically developed high quality animal feed due to changing consumer behaviour related to the quality of output such as milk or meat. These parameters have been continuously playing important role in the advancement of the global feed industry.

 

The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the global animal feed industry, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, APAC and South America, and MEA. North America is further segmented into U.S., Canada. Europe is divided into Germany, UK, Italy, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.

 

Competitive Landscape and Key Vendors

The Asia Pacific is the largest regional market for the animal feed market. The increase in rapid production by meat processors and changing consumer demand & behaviour for organic food products are identified to be among some of the crucial parameters for the growth of feed market in the region. This regional market is expected to witness considerable growth over the forecast period.

 

Multiple new product innovation, unpenetrated & under-penetrated market dynamics, several expansion strategies among the feed producers, surging demand for nutrient-rich & healthy feed, and growing purchasing power, are the most important factors driving the Asia Pacific market. Europe is likely to be another potential regional player for feed production over the forecast period.

 

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Animal Feed Enzymes Market Size, Key Company Profiles, Types, Applications And Forecast

 The global animal feed market size is anticipated to reach $337.7 billion by 2026, growing at a CAGR of 4.7% during the forecast period, according to a report published by Polaris Market Research. The report ‘Animal Feed Market Size By Product Type (Compound Feed, Fodder, Forage), By Animal Type (Livestock (Poultry, Cattle, Pigs, Aquaculture, Others) Pet Animals), By Regions & Segments Forecast, 2018 – 2026’ provides an extensive analysis of present market dynamics and predicted future trends.

 

Animal feeds have contributed significantly in the growth of food industry globally and feed are among the most crucial and essential component for retaining abundant, affordable and safe animal proteins. For over a decade, the world has witnessed rising demand for proteins derived from animal, including fish, livestock, and dairy. The growth has been witnessed mainly in the developing regions as reported by IFIF, wherein the developed regions have witnessed fluctuating stabilities in growth. The global feed industry has witnessed production expansion in terms of volume and value. This phenomenon has taken place concerning growing worldwide population, more consumer purchasing power, and rising urbanization.

 

Get Sample Copy @   https://www.polarismarketresearch.com/industry-analysis/animal-feed-market/request-for-sample

 

With modern population achieving new levels of political and commercial involvements, there is an anticipated enhancement in the demand for animal feed further which is crucially significant in the entire food chain for its role. As the producer’s perseverance becomes more consumer-oriented and focused, the outcomes include increasing environmental footprint with even more rapidly growing requirements for sustainability. Mill and farm feed have witnessed a push on account of increasing environmental impact and greenhouse gases concerning the production of animals.

 

Some of the significant market participants currently operating in the industry include DaChan Food (Asia) Ltd., Yuetai Group, Smithfield Foods, NongHyup Feed Inc., Tangrenshen Group (TRS), East Hope Group, Nutreco, De Heus, Haid Group, Shuangbaotai Group (Twins Group), Agrifirm Group, JA Zen-Noh, Purina Animal Nutrition, ForFarmers N.V., Tyson Foods (broiler), New Hope Liuhe, BRF, Wen’s Food Group, Cargill, and CP Group.

 

Special Discount Offer @ https://www.polarismarketresearch.com/industry-analysis/animal-feed-market/request-for-discount-pricing

 

The selectivity priority by consumers in the purchase of eggs, meat, and dairy products, have been coupled with the questions of particular animal feeds and the breeding conditions related to each. Feed mills are also considered to be most crucial to the value chain as a human diet id directly influenced by these which have also gained an enthusiastic consumer culture. Feed is considered to be very essential as these might contain adulterated components which can be a serious issue for the food safety. Thus, the global feed market has shown interest in extensive production of organically developed high quality animal feed due to changing consumer behaviour related to the quality of output such as milk or meat. These parameters have been continuously playing important role in the advancement of the global feed industry.

 

The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the global animal feed industry, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, APAC and South America, and MEA. North America is further segmented into U.S., Canada. Europe is divided into Germany, UK, Italy, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.

 

Competitive Landscape and Key Vendors

The Asia Pacific is the largest regional market for the animal feed market. The increase in rapid production by meat processors and changing consumer demand & behaviour for organic food products are identified to be among some of the crucial parameters for the growth of feed market in the region. This regional market is expected to witness considerable growth over the forecast period.

 

Multiple new product innovation, unpenetrated & under-penetrated market dynamics, several expansion strategies among the feed producers, surging demand for nutrient-rich & healthy feed, and growing purchasing power, are the most important factors driving the Asia Pacific market. Europe is likely to be another potential regional player for feed production over the forecast period.

 

Buy now : https://www.polarismarketresearch.com/checkouts/1271

 

Animal Feed Enzymes Market Analysis, Region, Demands And Forecasts Report 2020-2026

The global animal feed enzymes market size is expected to reach USD 1.88 billion by 2026 and is estimated to grow at a CAGR of 7.3 % from 2018 to 2026. The market is anticipated to grow significantly over the forecast period owing to factors such as rising cost of feedstock, increasing meat consumption and rising pressure to increase the overall animal yield. The market is also anticipated to grow due to the rising awareness regarding the benefits of animal feed enzymes particularly in emerging regions such as Asia Pacific.

These additives result in the maintenance of proper overall health of animals. They result in the improvement of digestion of essential nutrients such as proteins as well as increase in the availability of amino acids. They also offset the negative effects of undigested nutrients in the gut health. Such trends are benefitting the overall market growth.

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There has been a rapid growth in the overall world population thus putting strain on the available food resources. This has put pressure on the animal husbandry participants to maximize output while reducing the usage of resources. Enzymes aid in these efforts as they help in proper absorption as well as digestion of nutrients.

Companies are concentrating on the developing regions such as Asia Pacific to gain maximum share in the animal feed enzymes market. BASF and Biomin announced the launching of a new phytase product for the Vietnamese feed industry. Some of the major market players for Animal Feed Enzymes include Chr. Hansen Inc, BASF Corporation, Bio Vet JSC, DuPont, Enmex SA De CV, Adisseo France, Alltech, Novozymes, AB Enzymes GmbH, Advanced Enzymes Technologies Limited, and Lesaffre Group.

Grains which are normally utilized in the production of animal feed such as barley, corn and wheat have hard coating which does not completely break even during the milling process. The coating is indigestible. However, these additives result in the degradation of these cover molecules thus aiding the overall digestive process of animals as well as the proper maintenance of gut health.

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Meat is considered as an essential part of the diet as it incorporates many valuable nutrients that are highly beneficial for health. Meat and meat products contain protein, micronutrients, and minerals that are beneficial for growth and development. Moreover, meat processing offers improved food safety, reduced price, and extended shelf life. Rising demand of meat across the globe is expected to favorably benefit the market growth.

Asia Pacific is the most lucrative regional market, where the latest demand has been supported by rising demand of the developing countries, primarily of Southeast Asian region and Indian Subcontinent. China, Japan, Western Europe, and the United States are some of the countries contributing significantly for the industry growth.

Growing population coupled with rising incomes has increased the demand for meat. However, at the same time, it has left limited space for livestock expansion. There should be an optimal usage of existing food resources. Usage of animal feed enzymes results in a rise in immunity of the livestock thus reducing the death caused due to the various diseases.

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