Global and Regional Animal Feed Enzymes Industry Status and Prospects Professional Market Research Report Published on : 06 March 2022
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Report Studies • The global Animal Feed Enzymes market was valued at 105.86 Million USD in 2021 and will grow with a CAGR of 5.11% from 2021 to 2027, based on Research newly published report. The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America). Animal feed enzymes are gaining importance as they play an important role in improving feed digestibility, cost reduction, nutrient absorption, and better performance. Enzymes are achieving popularity as they are replacing antibiotics for the improved health and performance of livestock.In the world, the main manufacturers include Novozymes, DuPont (Danisco), AB Enzymes, DSM, Aum Enzymes, BASF, CHR.Hansen, Soufflet Group and so on. Novozymes is the biggest manufacturer in the world, in 2016 it sold 72.59 K MT feed enzymes. The market concentration isn`t relatively dispersed, the top 3 manufacturers totally take about 34% share of the global market. We tend to believe this industry is a promising industry, and the consumption increasing degree will show a smooth growth curve.
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Market Value
• The global Animal Feed Enzymes market was valued at 105.86 Million USD in 2021 and will grow with a CAGR of 5.11% from 2021 to 2027, based on Research newly published report. ©All Rights Reserved, Stats market research
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