Description
Feed enzymes are the additive ingredients used with the fodder of animals to enhance their digestion capabilities. These special types of biologically active chemicals expedite the digestion process and help in retaining useful nutrition like phosphorous that aid in animal development. The market according to enzyme type is divided into Phytase, Protease, Carbohydrase and Others. Carbohydrase is further categorized into amylase, xylanase, and mannanase. The increasing global population and rising income levels have led to a higher demand for animal protein, such as meat, milk, and eggs. This demand has driven the expansion of the livestock and poultry industries, which, in turn, has increased the growth of feed enzymes market to improve feed efficiency and animal performance.  On the contrary, the high prices of feed enzymes and dearth of awareness about the feed enzymes among consumers are factors impeding the market growth. The Feed Enzyme Market is likely to grow at a rate of 8% CAGR by 2028.
Feed Enzyme Market by Enzyme Type:
•    Phytase
•    Protease
•    Carbohydrase
o    Amylase
o    Xylanase
o    Mannanase
Feed Enzyme Market by Consumer Livestock:
•    Ruminants
•    Poultry
•    Swine
•    Aquatic Animals
•    Others
Feed Enzyme Market by Geography:
•    North America
•    Europe
•    Asia Pacific
•    Rest of World
In the market for enzyme type, the market is divided into Phytase, Protease and Carbohydrase. The phytase segment accounted for the highest revenue share. This growth can be accredited to the effectiveness of phytase in fulfilling deficiencies of minerals such as zinc and calcium in feed. Phytase breaks down Myo-inositol hexakisphosphate (phytate) and lets out phosphate content to fulfill nutritional deficiencies. The digestive power of animals can reduce owing to insanitary and inhumane conditions in poultry, farms and households. Thus, enzymes such as phytase promote animal health and improve overall yield. 
As in the market by end-users is segmented as Ruminants, Poultry, Swine, Aquatic Animals and Others. The poultry segment led the market with the major share. This growth can be due to chickens and poultry being more prone to digestive issues. Therefore, animal feed enzymes such as phytase are mixed to their feed to enhance mineral absorption (such as zinc and calcium) and help in breaking down phytate to let out phosphate content. The rise in the poultry segment is ascribed to the rising consumption of meat from turkey, chicken, ducks, and eggs owing to the increasing health consciousness among people. The evolution of food service retailers such as McDonald's has transformed the use of chicken by introducing products such as Chicken McNuggets. Moreover, chicken's nutrient-dense, delicious, and cost-effective nature has made it the highly popular form of meat worldwide.
Further in the market for geography, the Asia-Pacific market is anticipated to provide significant growth opportunities for marketers in the estimated period. With increased purchasing power, people can significantly buy more protein-rich food items. In addition to this, the increasing incidence of chronic illnesses pushes people towards a higher focus on nutrient intake, leading to an overall rise in dairy and meat consumption.
Furthermore, the gut health has become a crucial aspect of animal production. Feed enzymes, particularly non-starch polysaccharide (NSP) enzymes such as xylanase and cellulase, were gaining popularity for their ability to improve gut health by breaking down anti-nutritional factors in feed ingredients. Thus, the rising focus on gut health around the world has become a major trend in the global feed enzyme market.
The feed enzymes market report provides the few notable companies include BASF SE, I. Du Pont De Nemours and Company, Associated British Foods PLC, Koninklijke DSM N.V., Adisseo France SAS, Azelis Holdings SA, Novus International, Inc., Novozymes A/S, Danisco A/S and BioResource International, Inc. 
As a result, the feed enzymes market is witnessing a significant in the estimated time span. Since, the people are becoming highly significant among poultry, live stock and various others animal husbandry farmers for the better health of the animal, thus increase the production level.
•    This report defines, describes and forecasts the market by enzyme type, consumer livestock and geography.
•    This report gives complete details regarding the vital factors influencing the growth of the feed enzyme market. 
•    The report strategically analyzes the market in terms of individual growth trends, future prospects and the contribution of each segment to the feed enzyme market
•    This report tracks and scrutinizes the competitive developments in market which include contracts & agreements, new product launches, expansions & investments, and partnerships and collaborations.