Feed enzymes are included in feeds to improve the utilization of energy and nutrients or to degrade several undesired components. These feed enzymes primarily improve the gut and performance of animals while considerably reducing feed and waste management costs thus making animal husbandry sustainable. Usage of enzymes improves animal performance, profitability of livestock farmers and reduces environmental pollution. The end consumers of feed enzymes are compound feed manufacturers, integrators, farmers, home-mixers, livestock, and aquaculture industry.
Changing Demographics in Asia-Pacific and South America
The demand for meat based food products is rising in Asia-Pacific and South America regions especially in China, India, Brazil, Argentina etc. with rapid economic growth in the regions.
This increased demand for meat protein has triggered meat production in the region, where uptake of feed and feed enzymes has increased and is expected to show a healthy growth rate. Apart from improving nutritional value, feed enzymes is gaining importance for their role in meat quality improvement with concern over the environment. Demand increase can be reasoned here as many countries in the regions are experiencing continuous economic growth that has led to change in demographics, food habit and life style; globalization and urbanization effect tend to change the mindset of people in the region while consumers experiment more in their food habits. The food habit and eating pattern have shifted from cereal and vegetable based to more meat protein based now.
China is the leading meat consumers in the region, because of fast economic growth, changing food pattern and increased meat production in the country. While the demand growth is seen positive, end-user awareness and the conservative approach towards feed sector is expected to remain a challenge for industry growth in Asia-Pacific and Latin America. Vietnam and Thailand are estimated to be the fastest-growing consumer markets for meat based products. India is the potential market due to the increased intensive farming system.
Livestock Disease Outbreak Fuelling Additives Market
The application of enzymes in feeds often helps to control various livestock and human diseases including the induction of cancer, mutagenicity and estrogenic gastrointestinal, urogenital, vascular, kidney and nervous disorders. Significant economic losses are associated with their impact on human health, animal productivity, and both domestic and international trade. Food and feed safety has become an important issue for many governments around the world, especially in North America and Europe. Feed enzymes in animal feed prevent the contamination of feed by Mycotoxins and hence prevent livestock and human diseases.
Phytase (enzyme) has a significant effect on digestibility of calcium, phosphorus and minerals as well as intestinal mucin production and mineral supply to the body, all of which help in overall nutrient supply, waste/excreta reduction and maintaining intestinal health. A healthy intestine functions in better digestibility, better selection of bacteria and overall better animal immunity. Certain enzymes like Protease can degrade anti-nutritional factors and allergenic proteins in feedstuffs. Further, by improving nutrient digestibility and animal gut health, fewer nutrients are available in the animalÕs gut for the potential growth of disease-causing bacteria. Feed enzymes by keeping the proper gut/intestinal health help in controlling the internal parasites and related diseases also.
¥ March 2017: Nutriad opens new plant in China. the new factory, with a capacity of 10,000 Mt /year, has been started and is operated under the FFI (Feed Flavor International) brand. Building on strong experience in swine nutrition, this new plant will also be utilized for ruminant and aquaculture applications, including multi-enzymes as growth promoters.
Major Players: DANISCO A/S, ROYAL DSM N.V., NOVOZYMES, BASF SE, ENMEX S.A. DE C.V., ADVANCED ENZYMES, ADISSEO, ELANCO, BIORESOURCE INTERNATIONAL, INC.,AB VISTA, amongst others.
Reasons to Purchase this Report
¥ Study on the adoption of industrial feed enzymes in developing regions and its effects on the global feed additives industry.
¥ Analyzing various perspectives of the market with the help of PorterÕs five forces analysis.
¥ Study on the type of feed enzyme expected to dominate the market during the forecast period.
¥ Study on the region expected to witness fastest growth during the forecast period.
¥ Identify the latest developments, market shares and strategies employed by the major market players.
¥ 3 months analyst support along with the Market Estimate sheet (in excel).
Customization of the Report
This report can be customized to meet the desired requirements. Please connect with our analyst, who will ensure you get a report that suits your needs.
Companies Mentioned are -
Alltech Inc., Archer Daniels Midland Co., Bio Multimin Inc., Biochem Lohne Germany, Cargill Inc., Davidsons Animal Feeds, Kemin Industries Inc., Mercer Milling Co. Inc., Novus International Inc., Nutreco NV
1.1 Study Deliverables
1.2 General Study Assumptions
2. RESEARCH METHODOLOGY
2.2 Analysis Methodology
2.3 Study Assumptions
3. EXECUTIVE SUMMARY
4. MARKET OVERVIEW AND TECHNOLOGY TRENDS
4.1 Current Market Scenario
4.2 Technology Trends
4.3 Porter's Five Force Analysis
4.3.1 Threat of New Entrants
4.3.2 Threat of Substitutes
4.3.3 Bargaining Power of Suppliers
4.3.4 Bargaining Power of Buyers
4.3.5 Intensity of Competitive Rivalry
5. MARKET DYNAMICS
6. GLOBAL FEED ENZYMES MARKET SEGMENTATION, BY TYPE
7. GLOBAL FEED ENZYMES MARKET SEGMENTATION, BY ANIMAL TYPE
8. GLOBAL FEED ENZYMES MARKET SEGMENTATION, BY GEOGRAPHY
8.1 North America
8.1.1 United States
8.1.4 Rest of the North America
8.2.2 United Kingdom
8.2.6 Rest of the Europe
8.3.4 Rest of the Asia-Pacific
8.4 South America
8.4.3 Rest of the South America
8.5 Middle East & Africa
8.5.1 Saudi Arabia
8.5.2 South Africa
8.5.3 Rest of the Middle East & Africa
9. COMPETITIVE LANDSCAPE
9.2 Market Share Analysis
10. COMPANY PROFILES
10.1 Ab Enzymes Gmbh
10.2 Advanced Enzymes Technologies Limited
10.3 Amano Enzyme Inc.
10.4 Alltech Inc.
10.5 Adisseo France S.A.S.
10.6 BASF SE
10.7 Biovet Jsc
10.8 Biocatalysts Limited
10.9 Chr. Hansen Holding A/S.
10.10 Danisco A/S
11. FUTURE OUTLOOK
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.