DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Animal Feed Enzymes Market: Trends Analysis & Forecasts up to 2022" report to their offering.
In livestock and poultry industry, animal feeds account for large part of the investment. Animal feed enzymes additives help the livestock industry to produce more meat faster and at lesser cost per animal. Animal feed enzymes are derived from plants, animals, microorganisms and some others. These enzymes can improve the metabolism and the nutrient absorbing capacity, along with removal of anti-nutritional elements. The value of the global animal feed enzymes market is projected to surpass USD 1.5 billion by 2022, growing with a CAGR between 7.0% and 7.5% from 2016 to 2022.
New legislations in the livestock and poultry industries prohibit use of chemicals and drugs that promote growth. This provides an opportunity for the major players in the animal feed enzymes market to target expansion, as the demand for low cost feed additives is expected to grow significantly. Moreover, the increase in demand for packaged meat products is expected to drive more demand for feed enzymes to produce high quality meat and improve animal health in the near future.
Asia- Pacific region accounted for the largest market size over the period of 2014 to 2015, and it is expected to continue its dominance over the forecast period, primarily due to large livestock population India and China. In Europe, the regulations drove the demand for the animal feed enzymes.
- AB Vista
- Adisseo France SAS
- Alltech Inc
- Archer Daniels Midland Company
- BASF SE
- Cargill Inc
- Evonik Industries AG
Hansen Holding Novozymes
Key Topics Covered:
2. Executive Summary
3. Global Animal Feed Enzymes Market Overview
4. Global Animal Feed Enzymes Market Analysis, by Livestock, 2014-2022
5. Global Animal Feed Enzymes Market Analysis, by Type, 2014-2022
6. Global Animal Feed Enzymes Market Analysis, by Region, 2014-2022
7. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/gnggwz/global_animal