Enzymes are feed additives which
provide necessary nutrition in addition to improving digestive system and
providing protection against diseases in animals. Feed enzymes are available in
two formats such as nutritional feed additives and non-nutritional feed
additives. Nutritional feed additives include amino acids, vitamins and
minerals. Non-nutritional feed additives include antibiotics, probiotics,
hormones and prebiotics.
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The market can be segmented on the
basis of types such as phytase, protease, and non starch polysaccharide
enzymes. Protease enzyme is expected to have promising growth worldwide
in the years to come. At present, non starch polysaccharide enzymes
dominates market share in terms of revenue. Phytase has been the most
predominantly used enzyme in Asia Pacific and is also expected to witness
strong growth in the region during next five years. Further, segmentation can
be done on the basis of subtypes such as xylanase, pectinase, cellulase,
a-glucanase and mannase. Feed enzymes can be used in host of applications in
various segments such as swine feed, aqua feed, poultry feed and ruminant feed
among others.
The ever growing population is
expected to drive the demand for meat across the world. This in turn is
expected to trigger the growth of feed enzymes industry. Feed enzymes initiate
biochemical reactions and enhance production efficiency of animals thereby
increasing absorbtive and digestive abilities of animals. Some of the market
players in feed enzymes industry are Chr. Hansen, AB Vista, BASF SE, Adisseo
France S.A.S. and others.
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