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Feed Enzymes Market Size

The feed enzymes market is projected to experience significant growth, driven by the essential role enzymes play in enhancing energy and nutrient absorption from animal feed, particularly in cereals. Despite its critical importance, the market's share within the global feed additives sector remains relatively small. The Asia-Pacific region holds the largest market share, attributed to higher rates of feed additive penetration and animal population. Carbohydrases lead in consumption due to their effectiveness in increasing energy and starch intake, with a notable growth rate expected. The market's expansion is further fueled by rising demand for meat and dairy products, necessitating improved animal health and productivity through enhanced feed solutions.

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Market Size of feed enzymes Industry

Feed Enzymes Market Summary
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svg icon Study Period 2017 - 2029
svg icon Market Size (2024) USD 1.38 Billion
svg icon Market Size (2029) USD 1.76 Billion
svg icon Largest Share by Sub Additive Carbohydrases
svg icon CAGR (2024 - 2029) 5.04 %
svg icon Largest Share by Region Asia-Pacific
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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Feed Enzymes Market Analysis

The Feed Enzymes Market size is estimated at 1.38 billion USD in 2024, and is expected to reach 1.76 billion USD by 2029, growing at a CAGR of 5.04% during the forecast period (2024-2029).

1.38 Billion

Market Size in 2024 (USD)

1.76 Billion

Market Size in 2029 (USD)

5.33 %

CAGR (2017-2023)

5.04 %

CAGR (2024-2029)

Largest Market by Sub-Additive

46 %

value share, Carbohydrases, 2023

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It has the largest market share due to its ability to increase the energy or starch intake from cereal feed and increase the intake of protein and minerals from animal feed.

Largest Market by Region

31.57 %

value share, Asia-Pacific, 2023

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The Asia-Pacific region is the largest because of increased feed production, per capita meat consumption, and high feed additives adoption rates.

Fastest-growing Market by Sub-Additive

5.09 %

Projected CAGR, Carbohydrases, 2024-2029

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It is the fastest-growing segment as it helps reduce the feed cost by providing adequate nutrients during high prices of cereals and high demand for high-quality beef.

Fastest-growing Market by Region

5.92 %

Projected CAGR, North America, 2024-2029

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Globally, North America has witnessed the fastest growth due to an increase in the demand for high-nutritional meat and an increase in the commercial rearing of animals.

Leading Market Player

13.17 %

market share, DSM Nutritional Products AG, 2022

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DSM Nutritional Products AG is the market leader as it has focused on expanding its product portfolio through a partnership with Novozymes to manufacture new enzyme products.

  • The global feed enzymes market is experiencing rapid growth due to the crucial role that enzymes play in increasing energy and nutrient intake from animal feed. Cereals, in particular, benefit from using enzymes, as they can increase starch intake in animals, which is especially useful when cereal prices are high. Despite their importance, the feed enzymes market accounted for only 3.8% of the global feed additives market in 2022.
  • Asia-Pacific is the largest market for feed enzymes, accounting for 31.6% of the global market share in 2022. North America and Europe followed closely, accounting for 25.8% and 23.1% of the market share, respectively. The high market share in Asia-Pacific is attributed to higher penetration rates of feed additives and a higher animal population.
  • Carbohydrases are the most widely consumed feed enzyme, with a market value of USD 576.5 million, due to their ability to increase the energy and starch intake from cereal feed. Carbohydrases are expected to be the fastest-growing feed enzyme, with a CAGR of 5.1% during the forecast period. Phytases are also expected to record a CAGR of 4.9% during the forecast period.
  • Proteases and lipases are other enzymes that are significantly used to increase protein digestibility and utilization by animals. The demand for meat products is expected to increase the market for these enzymes, with a CAGR of 5.0% during the forecast period.
  • The market for feed enzymes is expected to grow and register a CAGR of 5.0% during the forecast period, driven by the growing commercial cultivation of animals for dairy and meat products, along with increasing awareness of the importance of feed enzymes in animal feed.
Global Feed Enzymes Market
  • Feed enzymes are critical in increasing the intake of energy, starch, and phosphorus from animal feed. In the case of cereals, feed enzymes increase the starch intake of animals, which is beneficial when cereal prices are high. Despite their importance, the feed enzymes market accounted for only 3.8% of the global feed additives market in 2022.
  • Asia-Pacific is the largest regional segment in the global feed enzymes market, accounting for USD 395.9 million in 2022 due to the higher penetration rates of additives and animal cultivation in the region. However, the United States is the largest country-wise segment for the global feed enzymes market, accounting for USD 225.8 million in 2022, or about 18.0% of the market share, due to highly developed production practices and commercial animal cultivation.
  • China, with a 13.8% market share, is the second-largest country in the feed enzymes market, with its share increasing by 38.2% from 2017 to 2022. The United States is the fastest-growing country and is expected to record a CAGR of 6.3% during the forecast period (2023-2029) due to its high utilization of feed additives to improve productivity.
  • With the growing concerns over rising productivity, the growing global population, and increasing urbanization, an increase in the consumption of meat and dairy products is expected to drive the global feed enzymes market with a CAGR of 5% during the forecast period (2023-2029). This growth will be driven by the need to improve animal health, increase the nutritional value of animal feed, and enhance animal productivity.

Feed Enzymes Industry Segmentation

Carbohydrases, Phytases are covered as segments by Sub Additive. Aquaculture, Poultry, Ruminants, Swine are covered as segments by Animal. Africa, Asia-Pacific, Europe, Middle East, North America, South America are covered as segments by Region.

  • The global feed enzymes market is experiencing rapid growth due to the crucial role that enzymes play in increasing energy and nutrient intake from animal feed. Cereals, in particular, benefit from using enzymes, as they can increase starch intake in animals, which is especially useful when cereal prices are high. Despite their importance, the feed enzymes market accounted for only 3.8% of the global feed additives market in 2022.
  • Asia-Pacific is the largest market for feed enzymes, accounting for 31.6% of the global market share in 2022. North America and Europe followed closely, accounting for 25.8% and 23.1% of the market share, respectively. The high market share in Asia-Pacific is attributed to higher penetration rates of feed additives and a higher animal population.
  • Carbohydrases are the most widely consumed feed enzyme, with a market value of USD 576.5 million, due to their ability to increase the energy and starch intake from cereal feed. Carbohydrases are expected to be the fastest-growing feed enzyme, with a CAGR of 5.1% during the forecast period. Phytases are also expected to record a CAGR of 4.9% during the forecast period.
  • Proteases and lipases are other enzymes that are significantly used to increase protein digestibility and utilization by animals. The demand for meat products is expected to increase the market for these enzymes, with a CAGR of 5.0% during the forecast period.
  • The market for feed enzymes is expected to grow and register a CAGR of 5.0% during the forecast period, driven by the growing commercial cultivation of animals for dairy and meat products, along with increasing awareness of the importance of feed enzymes in animal feed.
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
Region
Africa
By Country
Egypt
Kenya
South Africa
Rest of Africa
Asia-Pacific
By Country
Australia
China
India
Indonesia
Japan
Philippines
South Korea
Thailand
Vietnam
Rest of Asia-Pacific
Europe
By Country
France
Germany
Italy
Netherlands
Russia
Spain
Turkey
United Kingdom
Rest of Europe
Middle East
By Country
Iran
Saudi Arabia
Rest of Middle East
North America
By Country
Canada
Mexico
United States
Rest of North America
South America
By Country
Argentina
Brazil
Chile
Rest of South America
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Feed Enzymes Market Size Summary

The feed enzymes market is experiencing significant growth, driven by the essential role these enzymes play in enhancing energy and nutrient absorption from animal feed. This is particularly beneficial for cereals, as enzymes can increase starch intake, which is advantageous during periods of high cereal prices. Despite their critical importance, feed enzymes represent a small portion of the global feed additives market. The Asia-Pacific region leads the market, attributed to higher adoption rates of feed additives and a larger animal population. North America and Europe follow closely, with the United States and China being key contributors within these regions. The demand for specific enzymes like carbohydrases and phytases is on the rise, as they improve energy and starch intake, while proteases and lipases enhance protein digestibility and utilization.

The market's expansion is further fueled by the growing global demand for meat and dairy products, driven by increasing population and urbanization. The poultry industry, in particular, is witnessing substantial growth due to rising demand for chicken meat and eggs, alongside significant investments in poultry production. The expansion of aquaculture also contributes to the increasing demand for feed, with compound and fish feed production seeing notable rises. This trend is supported by investments in the sector, such as those in India, aimed at boosting seafood production. The feed enzymes market remains fragmented, with major players like Archer Daniel Midland Co., DSM Nutritional Products AG, and Elanco Animal Health Inc. actively pursuing strategic acquisitions and partnerships to enhance their market offerings and drive growth.

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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 Region

      1. 1.3.1 Africa

        1. 1.3.1.1 By Country

          1. 1.3.1.1.1 Egypt

          2. 1.3.1.1.2 Kenya

          3. 1.3.1.1.3 South Africa

          4. 1.3.1.1.4 Rest of Africa

      2. 1.3.2 Asia-Pacific

        1. 1.3.2.1 By Country

          1. 1.3.2.1.1 Australia

          2. 1.3.2.1.2 China

          3. 1.3.2.1.3 India

          4. 1.3.2.1.4 Indonesia

          5. 1.3.2.1.5 Japan

          6. 1.3.2.1.6 Philippines

          7. 1.3.2.1.7 South Korea

          8. 1.3.2.1.8 Thailand

          9. 1.3.2.1.9 Vietnam

          10. 1.3.2.1.10 Rest of Asia-Pacific

      3. 1.3.3 Europe

        1. 1.3.3.1 By Country

          1. 1.3.3.1.1 France

          2. 1.3.3.1.2 Germany

          3. 1.3.3.1.3 Italy

          4. 1.3.3.1.4 Netherlands

          5. 1.3.3.1.5 Russia

          6. 1.3.3.1.6 Spain

          7. 1.3.3.1.7 Turkey

          8. 1.3.3.1.8 United Kingdom

          9. 1.3.3.1.9 Rest of Europe

      4. 1.3.4 Middle East

        1. 1.3.4.1 By Country

          1. 1.3.4.1.1 Iran

          2. 1.3.4.1.2 Saudi Arabia

          3. 1.3.4.1.3 Rest of Middle East

      5. 1.3.5 North America

        1. 1.3.5.1 By Country

          1. 1.3.5.1.1 Canada

          2. 1.3.5.1.2 Mexico

          3. 1.3.5.1.3 United States

          4. 1.3.5.1.4 Rest of North America

      6. 1.3.6 South America

        1. 1.3.6.1 By Country

          1. 1.3.6.1.1 Argentina

          2. 1.3.6.1.2 Brazil

          3. 1.3.6.1.3 Chile

          4. 1.3.6.1.4 Rest of South America

Feed Enzymes Market Size FAQs

The Global Feed Enzymes Market size is expected to reach USD 1.38 billion in 2024 and grow at a CAGR of 5.04% to reach USD 1.76 billion by 2029.

In 2024, the Global Feed Enzymes Market size is expected to reach USD 1.38 billion.

Animal Feed Enzymes Market Report Snapshots

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