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Asia-Pacific Feed Enzymes Market Size

The Asia-Pacific feed enzymes market is experiencing steady growth, driven by the essential role enzymes play in animal nutrition and digestion. The market's expansion is fueled by increasing demand for animal protein and heightened awareness of enzyme benefits, with poultry being the largest segment due to their dietary needs. China dominates the market share, supported by its high meat consumption and growing livestock population, while India and Japan also show significant growth potential. The overall market size is expected to grow, reflecting the rising adoption of feed enzymes across the region.

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Market Size of asia-pacific feed enzymes Industry

Asia-Pacific Feed Enzymes Market Summary
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svg icon Study Period 2017 - 2029
svg icon Market Size (2024) USD 435.23 Million
svg icon Market Size (2029) USD 555.69 Million
svg icon Largest Share by Sub Additive Carbohydrases
svg icon CAGR (2024 - 2029) 5.01 %
svg icon Largest Share by Country China
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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Asia-Pacific Feed Enzymes Market Analysis

The Asia-Pacific Feed Enzymes Market size is estimated at 435.23 million USD in 2024, and is expected to reach 555.69 million USD by 2029, growing at a CAGR of 5.01% during the forecast period (2024-2029).

435.23 Million

Market Size in 2024 (USD)

555.69 Million

Market Size in 2029 (USD)

7.37 %

CAGR (2017-2023)

5.01 %

CAGR (2024-2029)

Largest Market by Sub-Additive

44.05 %

value share, Carbohydrases, 2023

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Carbohydrases is the largest segment as it helps reduce animal feed costs due to their capacity to boost energy, digest starch, and increase feed production.

Largest Market by Country

43.72 %

value share, China, 2023

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China is the largest market due to a shift from unorganized to organized livestock, increased meat and other end-product consumption, and a rising livestock population.

Fastest-growing Market by Sub-Additive

5.08 %

Projected CAGR, Carbohydrases, 2024-2029

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An increase in feed production and the ability to boost energy by breaking fat and protein and digesting starch helped carbohydrases be the fastest-growing segment.

Fastest-growing Market by Country

5.93 %

Projected CAGR, Thailand, 2024-2029

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Japan is the fastest-growing country in the market because of increased feed production and demand for livestock products such as milk and egg.

Leading Market Player

8.76 %

market share, DSM Nutritional Products AG, 2022

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DSM is the market leader because it has a manufacturing plant in China, and it is expanding its product portfolio by partnering with Novozymes AS.

  • The Asia-Pacific feed enzymes market witnessed substantial growth in 2022, with enzymes holding a market share of 3.8%. Enzymes play a vital role in animal nutrition and breaking down starch, protein, and fat in the animal body, making them a crucial component in animal feed. In 2022, carbohydrates were the largest segment by value, accounting for USD 174.3 million, primarily due to their ability to boost energy, digest starch, and lower feed costs.
  • Phytases were the second-largest segment in the Asia-Pacific feed enzymes market, accounting for USD 128.1 million in 2022. The increasing demand for animal protein and the growing awareness of the benefits of enzymes have significantly contributed to the growth of the feed enzymes market in the region.
  • Poultry birds were the market's largest segment by animal type, accounting for 48.2% in 2022. The higher usage of feed enzymes in poultry birds is associated with their higher consumption of cereal, which has a high non-starch polysaccharides content, thus requiring enzymes for digestion.
  • China held the largest share of the Asia-Pacific feed enzymes market, with a share of 43.7% in 2022, primarily due to the country's increased poultry headcount by 1.6% during 2017-2022. Owing to such factors and the importance of feed enzymes in animal nutrition, the market is expected to record a CAGR of 5.0% during the forecast period (2023-2029).
Asia-Pacific Feed Enzymes Market
  • The Asia-Pacific market for feed enzymes has grown steadily in recent years, with feed enzymes accounting for 3.8% of the region's feed additives market value and 1.9% of its volume in 2022. The market is expected to register a CAGR of 4.9% during the forecast period, driven by the essential role that enzymes play in animal breathing and digestion.
  • China currently holds the largest share of the Asia-Pacific feed enzymes market, valued at USD 172.9 million in 2022. The large share is due to the country's high meat consumption per person, which is expected to continue rising, as well as a growing livestock population and a shift toward organized livestock farming. India is the second-largest market, and it is expected to register a CAGR of 4.7% during the forecast period to reach a value of USD 51.5 million by 2029. Carbohydrases and phytases are the most widely consumed feed enzymes in India, accounting for 44.3% and 30.4% of the market, respectively.
  • Japan is the fastest-growing country in the region, and it is expected to register a CAGR of 5.9% during the forecast period. The country's market is expected to reach a value of USD 32.8 million by 2029, up from USD 21.9 million in 2022, owing to the increasing use of feed enzymes. In the Rest of Asia-Pacific, the growth of the market can be attributed to the increase in feed production, which reached 108.8 million metric tons in 2022.
  • The rising use of feed enzymes to support the nutritional requirements of animals is expected to drive the growth of the feed enzymes market in the Asia-Pacific region. The market is expected to reach a value of USD 349.1 million by 2029, registering a CAGR of 4.9%.

Asia-Pacific Feed Enzymes Industry Segmentation

Carbohydrases, Phytases are covered as segments by Sub Additive. Aquaculture, Poultry, Ruminants, Swine are covered as segments by Animal. Australia, China, India, Indonesia, Japan, Philippines, South Korea, Thailand, Vietnam are covered as segments by Country.

  • The Asia-Pacific feed enzymes market witnessed substantial growth in 2022, with enzymes holding a market share of 3.8%. Enzymes play a vital role in animal nutrition and breaking down starch, protein, and fat in the animal body, making them a crucial component in animal feed. In 2022, carbohydrates were the largest segment by value, accounting for USD 174.3 million, primarily due to their ability to boost energy, digest starch, and lower feed costs.
  • Phytases were the second-largest segment in the Asia-Pacific feed enzymes market, accounting for USD 128.1 million in 2022. The increasing demand for animal protein and the growing awareness of the benefits of enzymes have significantly contributed to the growth of the feed enzymes market in the region.
  • Poultry birds were the market's largest segment by animal type, accounting for 48.2% in 2022. The higher usage of feed enzymes in poultry birds is associated with their higher consumption of cereal, which has a high non-starch polysaccharides content, thus requiring enzymes for digestion.
  • China held the largest share of the Asia-Pacific feed enzymes market, with a share of 43.7% in 2022, primarily due to the country's increased poultry headcount by 1.6% during 2017-2022. Owing to such factors and the importance of feed enzymes in animal nutrition, the market is expected to record a CAGR of 5.0% during the forecast period (2023-2029).
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
Australia
China
India
Indonesia
Japan
Philippines
South Korea
Thailand
Vietnam
Rest of Asia-Pacific
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Asia-Pacific Feed Enzymes Market Size Summary

The Asia-Pacific feed enzymes market is experiencing significant growth, driven by the increasing demand for animal protein and the essential role of enzymes in animal nutrition. Enzymes are crucial for breaking down starch, protein, and fat, making them a vital component of animal feed. The market is characterized by a diverse range of enzyme types, with carbohydrates and phytases being the most prominent segments. The poultry sector represents the largest segment by animal type, largely due to the high consumption of cereal by poultry birds, which necessitates the use of enzymes for digestion. China holds the largest market share in the region, supported by its substantial poultry population and rising meat consumption. Other countries like India and Japan are also witnessing growth, with India focusing on carbohydrases and phytases, and Japan leading in market expansion.

The Asia-Pacific region is a dominant player in the global agricultural sector, particularly in poultry and aquaculture feed production. The region's poultry production is on the rise, fueled by increasing consumer demand for poultry meat and government support for the poultry industry. Similarly, the aquaculture feed market is expanding, with countries like China and India investing in technological advancements and sustainable seafood production. The feed enzymes market is fragmented, with major players such as BASF SE, DSM Nutritional Products AG, and Elanco Animal Health Inc. actively participating in market developments. These companies are introducing innovative solutions and forming strategic partnerships to enhance animal protein production and meet the growing demand for feed additives in the region.

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Asia-Pacific 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 Australia

      2. 1.3.2 China

      3. 1.3.3 India

      4. 1.3.4 Indonesia

      5. 1.3.5 Japan

      6. 1.3.6 Philippines

      7. 1.3.7 South Korea

      8. 1.3.8 Thailand

      9. 1.3.9 Vietnam

      10. 1.3.10 Rest of Asia-Pacific

Asia-Pacific Feed Enzymes Market Size FAQs

The Asia-Pacific Feed Enzymes Market size is expected to reach USD 435.23 million in 2024 and grow at a CAGR of 5.01% to reach USD 555.69 million by 2029.

In 2024, the Asia-Pacific Feed Enzymes Market size is expected to reach USD 435.23 million.

Asia-pacific Feed Enzymes Market Report Snapshots

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