The global feed enzymes market attained a value of USD 1.51 Billion in 2023. It is projected to attain a value of USD 2.87 Billion by 2032, growing at a CAGR of 7.40% in the forecast period of 2024-2032.
Base Year
Historical Year
Forecast Year
Value in USD Billion
2024-2032
Feed Enzymes Market Outlook
*this image is indicative*
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Enzymes are naturally occurring proteins produced during the process of digestion. However, the digestive process among livestock like poultry, swine, cattle, horses, and sheep tend to be inefficient. Thus, there is a need to improve the quality of feed by adding enzymes to it. Feed enzymes not only help in the digestive process of the livestock animals but also improves the nutrient content of the feed and thus, help in the improvement of energy and nutrient utilization.
They boost the performance of livestock by enhancing and increasing the immunity of these animals. Also, by enhancing the gut health of the animals, feed enzymes help decrease environmental pollution by reducing waste as well as help reduce the prices of feed management. In young animals, with still-developing digestive tracts, the feed enzymes add to the enzymes already produced by them.
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The feed enzymes market is divided into the following enzyme types:
Carbohydrase and protease are the leading enzymes that act as additives to animal feed. Feed enzymes enhance the nutrition of the feed by adding fibre, vitamins, minerals, and other advantageous nutrients to the animal feed which need to be digested fully to prove beneficial to the animal and the producers of meat. They find their application in the farming, livestock, and aquaculture sectors, among others.
The feed enzymes market is driven by the growing meat industry globally due to a rise in meat consumption worldwide. In 2016, poultry was the largest segment among livestock in which feed enzymes found their largest application. There has been a rising demand for poultry globally and feed enzymes help increase the growth rate and strengthens the immune system of the poultry birds. The rising population of farm animals as a consequence of growing demand for animal proteins has also aided the market.
The ban on antibiotics as growth promoters in the European Union and the other parts of the world has also greatly helped the growth of the feed enzymes market as consumers are increasingly using these enzymes as alternatives to antibiotics. People are also increasingly preferring the use of feed enzymes due to their added health benefits, which reduces the chances of metabolic disorders among animals, and their long-term positive impact on the environment.
The Asia Pacific is emerging as one of the leading markets for feed enzymes, with China, India, and Japan as the major producers in the region. The Asia Pacific market is being driven by a growing demand for poultry and pork in China and India due to rising population, increasing purchasing power among the consumers and a change in lifestyle and eating habits. The market in the region is also being driven by the rising need for food security which has led to large investments in the research and development for the industry. Changing farming practices across the region is also aiding the market.
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The report analyses the following key players in the global feed enzymes market, looking into their capacity, market share, and latest development like mergers and acquisitions, capacity expansions and plant turnarounds:
EMR’s comprehensive landscape gives an in-depth analysis of the market by providing a SWOT analysis as well as an analysis of Porter’s five forces.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global feed enzymes market attained a value of more than USD 1.51 Billion in 2023.
The market is expected to grow at a CAGR of about 7.40% in the forecast period of 2024-2032.
The market is expected to expand in the forecast period to reach a value of USD 2.87 Billion by 2032.
The major drivers of the market include rising meat consumption, ban on antibiotics as growth promoters, added health benefits, rising disposable incomes, and increasing population.
The rising demand for the animal protein, increasing animals’ population, and advantages of the enzymes are expected to define the growth of the market in the coming years.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the major regions in the market.
Carbohydrase and protease are the leading enzymes that act as additives to animal feed and are expected to witness rapid growth in the forecast period.
The leading application segments in the market are ruminants, poultry, swine, and aquaculture.
The significant forms of food enzymes in the market are dry and liquid form.
The major players in the market are Novozymes Inc., Koninklijke DSM N.V., Nutrition and Bioscience group of companies (International Flavors & Fragrances Inc.), Archer Daniels Midland Company, BASF SE, Novus International, Inc., BioResource International, Inc., Bioproton, AVEVE Biochem NV, VEMO 99 Ltd., Palital Feed Additives B.V., Bioseutica B.V., AB Enzymes GmbH.
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| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment-:
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| Breakup by Type |
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| Breakup by Application |
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| Breakup by Form |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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