Feed Enzymes Market by Type (Phytase, Carbohydrase, and Protease), Livestock (Poultry, Swine, Ruminants, and Aquatic Animals), Source (Microorganism, Plant, and Animal), Form (Dry and Liquid), and Region - Global Forecast to 2025
Feed Enzymes Market: Defend your Market Share or Win Competitors
What are the Known and Unknown Adjacencies Impacting the Feed Enzymes Market
Key Developments of the Leading Players in the Feed Enzymes Market
What will your New Revenue Sources be?
What are the Known and Unknown Adjacencies Impacting the Feed Enzymes Market
The feed enzymes market is driven primarily by the growing concern regarding animal health and the demand for an increase in the nutrient uptake of feed.
Known and Unknown Adjacencies Impacting the Feed Enzymes Market
The increasing cost of fishmeal has encouraged feed manufacturers to search to cheaper alternative protein sources, such as plant proteins. This is one of the major opportunity in the feed enzymes market.
The feed enzymes market is projected to grow at a CAGR of 9.3% from 2017, to reach a projected value of USD 1,428.6 Million by 2022.
The feed enzymes market was valued at USD 842.9 Million in 2016. It is projected to grow at a CAGR of 9.3% from 2017, to reach 1,428.6 Million by 2022.
The Feed Enzymes Market in terms of value, is projected to reach $1,371.03 Million by 2020, at a CAGR of 7.3% from 2015 to 2020.