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Africa Feed Enzymes Market Size

The African feed enzymes market is experiencing moderate growth, with South Africa leading in market share due to its substantial feed production. Despite past challenges, such as a decline caused by disease outbreaks, the market is poised for expansion driven by increased awareness of feed additives and rising demand for meat and livestock. Carbohydrases and phytases are notable segments, with carbohydrases being particularly significant for poultry digestion. The market's growth trajectory offers opportunities for expansion, reflecting a positive outlook for the region's feed enzyme industry.

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Market Size of africa feed enzymes Industry

Africa Feed Enzymes Market Summary
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svg icon Study Period 2017 - 2029
svg icon Market Size (2024) USD 67.31 Million
svg icon Market Size (2029) USD 82.23 Million
svg icon Largest Share by Sub Additive Carbohydrases
svg icon CAGR (2024 - 2029) 4.09 %
svg icon Largest Share by Country South Africa
svg icon Market Concentration Low

Major Players
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*Disclaimer: Major Players sorted in no particular order

Key Players

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Africa Feed Enzymes Market Analysis

The Africa Feed Enzymes Market size is estimated at 67.31 million USD in 2024, and is expected to reach 82.23 million USD by 2029, growing at a CAGR of 4.09% during the forecast period (2024-2029).

67.31 Million

Market Size in 2024 (USD)

82.23 Million

Market Size in 2029 (USD)

1.63 %

CAGR (2017-2023)

4.09 %

CAGR (2024-2029)

Largest Market by Sub-Additive

49.98 %

value share, Carbohydrases, 2023

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Carbohydrases is the largest segment due to their ability to increase the intake of protein, minerals, and lipids from feed. They also help in the digestion of non-soluble polysaccharides.

Largest Market by Country

47.72 %

value share, South Africa, 2023

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South Africa is the largest market because of increased feed production, rising demand for meat and livestock products, and increased feed enzyme usage.

Fastest-growing Market by Sub-Additive

4.09 %

Projected CAGR, Carbohydrases, 2024-2029

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Carbohydrases is the fastest growing segment due to increased demand for meat and meat products and awareness about the benefits of healthy animal diets for animal productivity.

Fastest-growing Market by Country

4.72 %

Projected CAGR, South Africa, 2024-2029

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Increased feed production, rising demand for meat and livestock products, and increased feed enzyme usage are the factors that made South Africa the fastest-growing market in the region.

Leading Market Player

5.30 %

market share, DSM Nutritional Products AG, 2022

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DSM Nutritional Products AG is the market leader as it expanded its presence in South Africa to provide products by establishing a new R&D center in the country.

  • The African feed enzymes market showed slow growth in recent years, accounting for only 3.8% of the total feed additives market in 2022. However, South Africa emerged as a dominant player in the region, accounting for 47.4% of the market share due to its significant feed production of 11 million metric tons in 2022.
  • Although the market witnessed a decline of 28% in 2019 due to reduced feed production as a result of Avian flu and ASF outbreaks, carbohydrases emerged as a significant feed enzyme in the market due to their ability to increase the intake of protein, minerals, and lipids from animal feed. The carbohydrases segment accounted for 50% of the feed enzymes market in 2022.
  • Among animal types, poultry birds are the largest segment of the feed carbohydrases segment, accounting for 57.9% of the market share in 2022, as carbohydrases aid in the digestion of non-soluble polysaccharides.
  • South Africa is the fastest-growing country in Africa, and it is expected to register a CAGR of 4.7% during the forecast period (2023-2029). However, both carbohydrases and phytases are growing at an equal rate in the region and are expected to record a CAGR of 4.1% each during the forecast period.
  • Factors such as the increasing awareness of the usage of feed additives and the demand for meat and livestock are expected to drive the African feed enzymes market's growth. It is expected to record a CAGR of 4.1% during the forecast period as enzymatic action increases the amount of cereal absorbed in an animal body, particularly when cereal prices are high.
Africa Feed Enzymes Market
  • The African feed enzymes market experienced moderate growth of 6.0% during 2017-2022, with a share by value of approximately 3.7% in the global feed additives market. However, the region faced a sudden dip in 2019 due to the collapsed GDP growth of major countries, such as South Africa, leading to reduced consumer spending power and decreased feed production.
  • Despite the setback, South Africa remained the largest country-wise segment in the African feed enzymes market, accounting for around USD 29.5 million in 2022, followed by Egypt with USD 11.1 million. Poultry birds were the largest consumers of feed enzymes, accounting for a 55.7% share by value in 2022, while ruminants, swine, and aquaculture accounted for shares of 32.2%, 7.5%, and 3.5%, respectively. Due to the growing demand for pork, the swine feed enzymes market is expected to grow at the fastest rate, with a CAGR of 4.9% during the forecast period (2023-2029).
  • In 2022, the African region produced approximately 131 million metric ton of compound feed for all animal types, with South Africa accounting for more than 29% of the share. In 2021, South Africa held more than an 8% share of the poultry bird segment in the African region.
  • The rising demand for meat and increasing awareness of healthy animal diets are driving the growth of feed enzyme consumption in the region. As a result, the African region of the global feed enzyme market is projected to record a CAGR of 4.1% between 2023 and 2029, providing ample opportunities for key players to expand their business in the African feed enzymes market.

Africa Feed Enzymes Industry Segmentation

Carbohydrases, Phytases are covered as segments by Sub Additive. Aquaculture, Poultry, Ruminants, Swine are covered as segments by Animal. Egypt, Kenya, South Africa are covered as segments by Country.

  • The African feed enzymes market showed slow growth in recent years, accounting for only 3.8% of the total feed additives market in 2022. However, South Africa emerged as a dominant player in the region, accounting for 47.4% of the market share due to its significant feed production of 11 million metric tons in 2022.
  • Although the market witnessed a decline of 28% in 2019 due to reduced feed production as a result of Avian flu and ASF outbreaks, carbohydrases emerged as a significant feed enzyme in the market due to their ability to increase the intake of protein, minerals, and lipids from animal feed. The carbohydrases segment accounted for 50% of the feed enzymes market in 2022.
  • Among animal types, poultry birds are the largest segment of the feed carbohydrases segment, accounting for 57.9% of the market share in 2022, as carbohydrases aid in the digestion of non-soluble polysaccharides.
  • South Africa is the fastest-growing country in Africa, and it is expected to register a CAGR of 4.7% during the forecast period (2023-2029). However, both carbohydrases and phytases are growing at an equal rate in the region and are expected to record a CAGR of 4.1% each during the forecast period.
  • Factors such as the increasing awareness of the usage of feed additives and the demand for meat and livestock are expected to drive the African feed enzymes market's growth. It is expected to record a CAGR of 4.1% during the forecast period as enzymatic action increases the amount of cereal absorbed in an animal body, particularly when cereal prices are high.
Sub Additive
Carbohydrases
Phytases
Other Enzymes
Animal
Aquaculture
By Sub Animal
Fish
Shrimp
Other Aquaculture Species
Poultry
By Sub Animal
Broiler
Layer
Other Poultry Birds
Ruminants
By Sub Animal
Beef Cattle
Dairy Cattle
Other Ruminants
Swine
Other Animals
Country
Egypt
Kenya
South Africa
Rest of Africa
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Africa Feed Enzymes Market Size Summary

The Africa Feed Enzymes Market is experiencing a gradual expansion, driven by increasing awareness of feed additives and the rising demand for meat and livestock. South Africa stands out as a key player in the region, significantly contributing to the market's growth due to its substantial feed production. The market is characterized by a diverse range of feed enzymes, with carbohydrases playing a pivotal role in enhancing the nutritional value of animal feed by improving the absorption of proteins, minerals, and lipids. Poultry, particularly broilers, dominate the feed enzymes consumption, reflecting the growing demand for poultry meat and eggs across the continent. Despite past challenges, such as disease outbreaks and economic downturns, the market is poised for steady growth, supported by investments in poultry farming and the adoption of advanced feed technologies.

The African feed enzymes market is also witnessing a notable shift towards aquaculture, with increased investments and the adoption of high-quality extruded feeds driving production. Countries like Egypt are spearheading initiatives to boost fish production, further stimulating the demand for feed enzymes. The market remains fragmented, with major players like Adisseo, Archer Daniel Midland Co., DSM Nutritional Products AG, Elanco Animal Health Inc., and IFF(Danisco Animal Nutrition) holding significant shares. Recent developments, such as the introduction of innovative enzyme products and strategic partnerships, are expected to enhance the market's growth trajectory. As the region continues to expand its poultry and aquaculture industries, the feed enzymes market is anticipated to benefit from the growing need for efficient and sustainable animal nutrition solutions.

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Africa Feed Enzymes Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)

    1. 1.1 Sub Additive

      1. 1.1.1 Carbohydrases

      2. 1.1.2 Phytases

      3. 1.1.3 Other Enzymes

    2. 1.2 Animal

      1. 1.2.1 Aquaculture

        1. 1.2.1.1 By Sub Animal

          1. 1.2.1.1.1 Fish

          2. 1.2.1.1.2 Shrimp

          3. 1.2.1.1.3 Other Aquaculture Species

      2. 1.2.2 Poultry

        1. 1.2.2.1 By Sub Animal

          1. 1.2.2.1.1 Broiler

          2. 1.2.2.1.2 Layer

          3. 1.2.2.1.3 Other Poultry Birds

      3. 1.2.3 Ruminants

        1. 1.2.3.1 By Sub Animal

          1. 1.2.3.1.1 Beef Cattle

          2. 1.2.3.1.2 Dairy Cattle

          3. 1.2.3.1.3 Other Ruminants

      4. 1.2.4 Swine

      5. 1.2.5 Other Animals

    3. 1.3 Country

      1. 1.3.1 Egypt

      2. 1.3.2 Kenya

      3. 1.3.3 South Africa

      4. 1.3.4 Rest of Africa

Africa Feed Enzymes Market Size FAQs

The Africa Feed Enzymes Market size is expected to reach USD 67.31 million in 2024 and grow at a CAGR of 4.09% to reach USD 82.23 million by 2029.

In 2024, the Africa Feed Enzymes Market size is expected to reach USD 67.31 million.

Africa Feed Enzymes Market Report Snapshots

Africa Feed Enzymes Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029