DUBLIN, May 19, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/vf7swb/feed_enzymes) has announced the addition of the "Feed Enzymes Market by Type, Livestock & by Region - Global Trends & Forecast to 2020" report to their offering.
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The global feed enzymes market was valued at $1,371.03 million in 2014 and is projected to grow at a CAGR of 7.3% from 2015 to 2020
Feed enzymes accelerate the biochemical reactions in animals in order to support life. These enzymes are added to the feed of pig, poultry, cattle, and aquatic animals to enhance production efficiency. The major function of feed enzymes is to increase the digestibility of animals; for instance, phytase is used in the animal feed to break down the protein consumed by animals, which enhances their digestibility. Some enzymes improve the fat absorption and starch digestibility which in turn adds to the well-being of animals and reduces mortality.
Europe holds the largest share of the global feed enzymes market. However, in the forthcoming years, the market is projected to grow the fastest in the Asia-Pacific region making it the fastest revenue-generating pocket.
The global feed enzymes market is marked with intense competition due to the presence of a large number of big and small firms. New product developments, mergers & acquisitions, and expansions are the key strategies adopted by market players to ensure growth in the market.
The market is dominated by players, such as BASF SE (Germany), E. I. du Pont de Nemours and Company (U.S.), Chr. Hansen Holdings A/S (Denmark), Novozymes A/S (Denmark), and Associated British Foods Plc. (U.K.).
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Feed Enzymes Market, By Type
8 Feed Enzymes Market, By Livestock
9 Feed Enzymes Market, By Region
10 Competitive Landscape
11 Company Profiles
- Adisseo France S.A.S.
- Advanced Enzymes Technologies Ltd.
- Alltech Inc.
- Associated British Foods PLC
- BASF SE
- CHR. Hansen Holding A/S
- E. I. Du Pont De Nemours and Company
- Lesaffre Group
- Novozymes A/S
- Novus International, Inc.
For more information visit http://www.researchandmarkets.com/research/vf7swb/feed_enzymes
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SOURCE Research and Markets