The global animal feed enzymes market size was valued at USD 1.16 billion in 2015. Enzymes are molecules that act as initiators or catalysts for the enhancement of various chemical and biochemical reactions. These products are incorporated as additives during the processing of various animal foodstuffs.
They have the ability to sustain under acidic pH conditions as well as under pelleting temperatures during feed processing operations. Furthermore, these catalytic substances reduce the viscosity of non-starch polysaccharides present in the animal fodder and hence increase the digestion rate of livestock. The global demand for these catalytic products is considered to be mainly driven by the rise in their consumption in poultry and pig fodder sectors.
U.S. animal feed enzymes market, by product, 2014 - 2025 (USD Million)
The U.S. is one of the key consumers of fodder additives including emulsifiers, vitamins, and enzymes. The presence of a well-established livestock production industry coupled with strict food safety regulations over the use of additives is one of the key driving factors of market demand.
Currently, the on-going clean label trend regarding ingredients and additives incorporated during the processing of animal feed in the country is expected to provide a boost to the development of natural and microbial feed enzymes in the future. For instance, Advanced Enzymes Technologies Ltd. offers an extensive product portfolio of proteases and carbohydrases under the DigeGrain brand.
Industrialization of animal fodder industry coupled with increasing livestock farming and breeding activities in Brazil, China, and India is estimated to support the animal feed enzymes market growth, in the future. Significant production of major livestock sectors including poultry, ruminant, pigs, and aqua are expected to boost the requirement for ingredients that improve metabolic rates of the livestock, keeping the energy and nutritional values of fodder unaltered.
Phytases, carbohydrases, and proteases are the major product segments of the global industry. These products are exhaustively utilized for the production of animal foodstuffs owing to their essential properties, which include improvement of fodder efficiency, minimization of fodder costs, and maintenance of gut health.
Phytases held the highest revenue share of 83.6% of the total industry in 2015. These products are characterized by their significant phosphorus content that is vital for improving animal metabolism as well as reproduction. Furthermore, they help in increasing the consistency of fodder, which in turn boosts the livestock production.
Proteases are the fastest-growing segment and are estimated to offer lucrative opportunities in the global industry over the forecast period. These products are basically protein-digesting molecules that are currently gaining importance in terms of usage in the poultry and pigs sectors.
Liquid and dry are the commercial formulations of feed enzymes that are available in the global market. Dry formulation accounted for the dominant revenue share of the total industry in 2015.
These products are highly preferred over liquid-based additives owing to factors such as ease of handling, good thermal stability during fodder processing operations, and advanced enzyme activity. Dry formulations are available in powdered and pellet grades in the global market. This category is expected to have noteworthy penetration in ruminant and poultry applications over the years ahead.
Enzymes are added to feed for poultry, pigs, ruminant, aqua, pets, and equine. Poultry held the highest share, constituting 43.9% of the overall industry in 2015. These products help in increasing the energy value of poultry foodstuffs minimizes the content of anti-nutritive components and promotes weight gain of livestock.
Global animal feed enzymes market revenue share, by application, 2015 (%)
Pigs and ruminants are estimated to boost enzyme consumption at a significant growth rate. The incorporation of these additives for the processing of pig and ruminant foodstuffs plays a vital role in terms of improving animal health, digestibility, maximum utilization of nutrients, and minimizing the environmental impact.
Europe contributed to 32.2% of the industry share in 2015, closely followed by North America and Asia Pacific. Spain and Russia are anticipated to witness significant industry growth over the years ahead. Currently, Germany and Spain hold the largest livestock production sector across entire Europe.
The presence of a strong end-user industry coupled with a properly channelized distribution network is the key growth supporter. Countries in the eastern part of Europe, including Russia, are expected to portray the fastest gains owing to increasing livestock production and rising pork consumption.
Asia Pacific industry is projected to witness the most rapid growth due to key socio-economic factors including rising meat consumption in China, India, and other countries in Southeast Asia. Additionally, rising awareness regarding livestock diseases has led to the acceptance of safe animal nutrition practices. This factor, in turn, is likely to play a crucial role in driving the demand for animal feed additives in the region.
The key industry participants include Novozymes, Danisco A/S, BASF SE, Royal DSM N.V., ENMEX S.A. de C.V., Advanced Enzymes, Adisseo, Elanco, BioResource International, Inc., Beldem S.A., and AB Vista.
Companies focus on strengthening their presence in the industry by implementing various growth strategies such as research & development, new product launches, production capacity expansion, joint ventures, and acquisitions. For instance, BASF SE in January 2016 introduced a new enzyme, Natuphos E, in India to cater to the end user of the livestock fodder sector in the country.
Base year for estimation
Actual estimates/Historical data
2014 - 2015
2016 - 2025
Revenue in USD Million, and CAGR from 2016 to 2025
North America, Europe, Asia Pacific, Central & South America & MEA
U.S., Spain, Russia, China, India, Brazil, and South Africa
Revenue forecast, company share, competitive landscape, growth factors, and trends
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This report forecasts revenue growth at global, regional, & country levels and provides an analysis of industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the animal feed enzymes market on the basis of product, formulation, application, and region:
Product Outlook (Revenue, USD Million; 2014 - 2025)
Formulation Outlook (Revenue, USD Million; 2014 - 2025)
Application Outlook (Revenue, USD Million; 2014 - 2025)
Regional Outlook (Revenue, USD Million; 2014 - 2025)
Central & South America
Middle East & Africa
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