Global animal feed enzymes market to reach USD 2.24 billion by 2027. Global animal feed enzymes market is valued at approximately USD 1.3 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 8.1 % over the forecast period 2021-2027. Animal feed enzymes aid in the breakdown of indiscriminating elements (such as fibre and phytate) found in various components. Indiscriminating factors are likely to result in lower meat or egg output, as well as lower feed efficiency and digestive problems. Furthermore, exogenous enzymes are mostly used to improve nutritional accessibility from feed ingredients. Furthermore, the animal feed business employs enzymes that decompose crude fibre, proteins, starch, and phytates, and because they are proteins, they are eventually digested or expelled by the animal, with no effect on meat or eggs. Furthermore, feed enzymes improve meat and egg production efficiency by increasing nutrient utilization and lowering animal excrement/waste. The animal feed enzymes market will be spurred forward by rising demand for meat and dairy products such as cheese, cream, and butter. The Federal Food, Drug, and Cosmetic Act enforced by the US as well as the regulations established under its authority, govern the usage of food items. Human food products are regulated by the FDA's Center for Food Safety and Applied Nutrition, whereas animal food (feed) products are regulated by the FDA's Center for Veterinary Medicine (CVM). In February 2019, AB Vista will offer a dual-action product that will focus on microbiome development in poultry and swine. Furthermore, according to the United Nations' Food and Agriculture Organization, poultry meat and eggs are among the most extensively consumed animal source foods worldwide, across a wide range of nations, customs, and religions. In recent decades, consumption of poultry meat and eggs, as well as animal source foods, has risen substantially. Population expansion, urbanization, and increased earnings in developing countries have all contributed to rising demand. However, side-effects of feed enzymes may impede market growth over the forecast period of 2021-2027.

The regional analysis of the Global animal feed enzymes market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World (ROW). Europe is the leading region across the world in terms of market share due to the The presence of a robust end-user industry, as well as a well-channeled distribution network in the region. Whereas Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to rising awareness regarding livestock diseases across the region.

Major market player included in this report are:

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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:
Phytase
Carbohydrase
Proteases
Non-Starch Polysaccharide
Others
By Livestock:
Poultry
Swine
Aquaculture
Ruminant
Others
By Form:
Liquid
Dry
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year -2018,2019
Base year -2020
Forecast period - 2021 to 2027.

Target Audience of the Global animal feed enzymes market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors