North America Animal Feed Enzymes Market Report 2021 | Industry Analysis, Trends and Market Overview
The North America Animal Feed Enzymes Market
is worth USD xx million in 2016 and estimated to grow at a CAGR of xx.xx%, to
reach USD xx million by 2021. The North America Animal Feed Enzymes market is
developing at an exceptionally quick pace.
Enzymes, generally refer to chemicals or
catalysts released by cells which speed up specific chemical reactions. They
include enzymes released in the digestive tract which help in the digestion of
food. These enzymes are now added to animal feed also. There are mainly three
types of enzymes: phytase, carbohydrase, and protease. They speed up different
chemical and biochemical reactions in animal body thereby making them
physically fit. These enzymes can withstand acidic pH conditions and pelleting
temperatures during feed processing operations. In addition, feed enzymes lower
the viscosity of non-starch polysaccharides in animal fodder which help in the
digestion rate of animals.
Browse
Market data tables and in-depth TOC of the North America Animal Feed Enzymes
Market to 2021 @ https://www.marketdataforecast.com/market-reports/north-america-animal-feed-enzymes-market-5589/
The significant drivers are rising awareness
about feed quality to improve animal health and increasing health consciousness
along with growing population. Also Indigestion due to lack of essential
enzymes affects the livestock health and creates a demand for fodder additives,
which is expected to boost the industry. However fluctuating prices of raw
materials due to seasonal nature of crops and government regulations are a
major constraint.
The North America Animal Feed Enzymes market
is segmented on the basis of Product, Form, Livestock and region. Based on
Product the market is segmented into Phytase, Carbohydrase, Protease,
Non-starch polysaccharides. Phytase had nearly two-fifth of the market share,
and is expected to further increase owing to improved metabolism and reproduction
processes among livestock due to high phosphorus content. Based on Form the
market is segmented into dry and liquid. Dry segment dominates the market and
has around three- fourth of the market share. This is largely due to properties
like better thermal stability in food processing as compared to liquid form and
easy handling. Based on Livestock the market is segmented into Poultry, Swine,
Aquaculture, and Ruminant.
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The North America market has
been geographically segmented into segmented into US, Canada and Mexico. US
dominates the market followed by Canada and is driven by factors like presence
of a well-established livestock production industry.
Foodchem International,
Novozymes, ENMEX, Duo Point, Chr Hansen Holding A/S, DSM N.V., Flavorchem
Corporation, DD Williamson & Co., BioExtract and Nutralliance are some of
the key players in the North America Animal Feed Enzymes market.
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