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Outlook of Animal Feed Enzymes Market status and development trends reviewed in new report

Animal Feed Enzymes Market size was worth over USD 1.1 billion in 2016 and will cross 80 kilotons by 2024. <br><br>Get more details @ https://goo.gl/7AeF7f

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Outlook of Animal Feed Enzymes Market status and development trends reviewed in new report

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  1. Animal Feed Enzymes Market worth over $2bn by 2024: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024

  2. KeyInsights from Animal Feed Enzymes Market : • Global animal feed enzymes market share was led by poultry, accounting for more than 40% in 2016. Minimizing antinutritive components and improving energy value of fodder promotes the weight gain in poultry. • Phytase animal feed enzymes market is anticipated to grow around 6.5% up to 2024. High phosphorus content improves livestock metabolism and reproduction. Additionally, increasing fodder consistency and enhancing livestock production will drive the industry growth. • Protease market was valued over USD 150 million in 2016. Increasing product consumption as protein digesting molecule is gaining high importance particularly in poultry and pigs. Enhancing proteins that bind starch within forage ingredients makes more of starch energy available to the livestock.

  3. Continued... • Dry animal feed enzymes market size is estimated to register over 60 kilotons by 2024. Superior thermal stability in fodder processing, ease of handling and advanced enzyme activity has increased product preference over liquid based additives. Dry formulation is available in pellet and powder form. • Asia Pacific is the fastest growing region with 7.5% CAGR up to 2024. Rising meat consumption, increasing disposable income along with awareness about livestock diseases are the key factors driving the animal feed enzymes market. • Global industry share is highly competitive due to presence of regional and local manufacturers. Some of the key industry participants are BASF, Danisco, Rossari Biotech, Beldem, Alltech, Shenzhen Leveking Bio-Engineering, Adisseo AB Vista, Novozymes and Kemin.

  4. U.S. Animal Feed Enzymes Market Size, By Livestock, 2016 & 2024 (Kilotons)

  5. Browse Full Market Research Report On Animal Feed Enzymes Market @ https://goo.gl/7exeRU Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/1824

  6. 360° Analysis • Application Trends • Implementation of innovative husbandry practices, industrialization of meat industry and growing awareness about quality of dairy products consumed will propel industry growth. These are added by farmers in the fodder to maintain appropriate nutrient level in the meals. • Regional Trends • Europe, led by Spain animal feed enzymes market, is foreseen to witness a significant gain at over 6% up to 2024. Presence of large end-use market along with strong distribution channel network has driven the industry growth. • Competitive Market Share • Animal feed enzymes market share is highly competitive in nature due to the presence of numerous local manufacturers. Key industry participants include BASF, Duo Point, Chr Hansen Holding A/S, DSM N.V., Foodchem International, Novozymes, ENMEX, Flavorchem Corporation, DD Williamson & Co., BioExtract and Nutralliance.

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