Global Microorganism Feed Carbohydrase Market – Industry Trends and Forecast to 2029

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Global Microorganism Feed Carbohydrase Market – Industry Trends and Forecast to 2029

  • Agriculture And Animal Feed
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  • Aug 2022
  • Global
  • 350 Seiten
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Global Microorganism Feed Carbohydrase Market

Marktgröße in Milliarden USD

CAGR :  % Diagram

Diagramm Prognosezeitraum
2022 –2029
Diagramm Marktgröße (Basisjahr)
USD 1.41 Billion
Diagramm Marktgröße (Prognosejahr)
USD 2.71 Billion
Diagramm CAGR
%
Diagramm Wichtige Marktteilnehmer
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Global Microorganism Feed Carbohydrase Market, By Type (Amylases, Cellulases, Pectinases, Lactase, Others), Livestock (Poultry, Swine, Ruminants, Aquatic Animals, Others), Form (Dry, Liquid), Application (Food & Beverage, Animal Feed, Pharmaceuticals, Others) – Industry Trends and Forecast to 2029.

Microorganism Feed Carbohydrase Market

Microorganism Feed Carbohydrase Market Analysis and Size

Enzymes are chemicals or catalysts that cells release to accelerate specific chemical reactions. They aid in the reduction of reaction time without being a part of the reaction. When digestibility-improving enzymes are used in animal feed, they help break down parts of the diet that the animal's digestive system cannot break down effectively on its own.

Data Bridge Market Research analyses that the microorganism feed carbohydrase market which was valued at USD 1.41 billion in 2021 is expected to reach the value of USD 2.71 billion by 2029, at a CAGR of 8.50% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis.

Microorganism Feed Carbohydrase Market Scope and Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Type (Amylases, Cellulases, Pectinases, Lactase, Others), Livestock (Poultry, Swine, Ruminants, Aquatic Animals, Others), Form (Dry, Liquid), Application (Food & Beverage, Animal Feed, Pharmaceuticals, Others)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

Bayer AG (Germany), BASF SE (Germany), Syngenta Group (Switzerland), Adama (Israel), Sumitomo Chemicals (Japan), Nufarm Limited (Australia), UPL (India), K+S Group (Germany), Israel Chemical Company (Israel), Cargill Incorporated (U.S.), ADM (U.S.), Associated British Foods plc (U.K.), DSM (Netherlands), Kerry Group plc (Ireland), AAK AB (Sweden), Corbion (Netherlands), International Flavors & Fragrances Inc. IFF (U.S.)

Opportunities

  • Rising technological advancements in enzyme engineering and emerging applications
  • rising innovation in phytase production processes
  • rising enzymes application in bio-refinery and biomass production

Market Definition

Carbohydrase is an enzymes group that aids in the breakdown of carbohydrates into simple sugars. It has some of the most important applications in the food and beverage industry, including dairy, alcohol production, baking, brewing, and others, making it the most widely used type of food and beverage enzyme.

Microorganism Feed Carbohydrase Market Dynamics

Drivers

  • Rising demand for naturally produced feed additives

Feed enzymes are driving market growth by increasing demand for animal-based products such as dairy products, meat products, and eggs, as well as increasing demand for naturally produced feed and feed additives and the easy availability of feed ingredients at lower prices.

  • Rising awareness for food safety

Growing awareness of food safety and animal health will also act as a growth driver for the market, as will rising demand for animal protein, an increase in the animal population, and the remarkable benefits of enzymes.

The increased demand for enzymes in the pharmaceutical industry to synthesise intermediates in active pharmaceutical ingredient (API) production for effective medications is expected to drive the enzymes market forward. Similarly, the ability of an enzyme to convert complex molecules to simpler molecules (starch to glucose) in food and beverage companies, removal of fats and oil stains in the detergent industry, bioethanol for biofuel production, and improved bleaching properties in the paper and pulp industries are expected to drive enzyme demand in the coming years.
 

Opportunity

Rising technological advancements in enzyme engineering and emerging applications, among other things, are driving the growth of the microorganism feed carbohydrase market. Furthermore, rising innovation in phytase production processes, as well as continuous R&D activities, rising enzymes application in bio-refinery and biomass production, will create new opportunities for the microorganism feed carbohydrase market during the forecast period.

Restraints

However, increased production costs and the availability of substitutes are the major factors acting as restraints, and will further challenge the growth of the microorganism feed carbohydrase market during the forecast period.

This microorganism feed carbohydrase market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the microorganism feed carbohydrase market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Microorganism Feed Carbohydrase Market

The microorganism feed carbohydrase market is expected to benefit from the COVID-19 crisis. This is due to an increase in demand for enzymes in nutritional and immunity-boosting products, as well as an increase in consumer focus on household care and an increase in in-house food consumption. However, the companies are currently confronted with impediments due to intermittent supply chain activities and uncertain market conditions due to trade restrictions and lockdowns. This negative impact is expected to be compensated for by an increase in demand for enzymes in the food and beverage and pharmaceutical industries. As a result of the increased awareness about preventive health and dietary solutions & formulations that support immune health throughout the pandemic phase, the overall impact is expected to remain positive for key industry players.

Recent Development

  • Novozymes and Novo Nordisk Pharmatech collaborated in November 2021 to develop best-in-class technological enzymes to aid biopharmaceutical manufacturing processes.
  • In April 2021, BASF has agreed to invest with Sandoz GmbH, a Novartis affiliate, at the Kundl/Schaftenau Campus in Austria. As a result of this transaction, BASF will be able to expand its production footprint for enzymes and biotechnology products.
  • In January 2021, Advanced Enzyme Technologies completed the acquisition of a 51 percent controlling interest in SciTech Specialities Private Limited (SSPL) by subscribing to the issuance of 492,630 SSPL equity shares and purchasing 27,778 SSPL equity shares from a few selling SSPL shareholders.

 Global Microorganism Feed Carbohydrase Market Scope

The microorganism feed carbohydrase market is segmented on the basis of type, livestock, form and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Amylases
  • Cellulases
  • Pectinases
  • Lactase
  • Others

Livestock

  • Ruminants
  • Swine
  • Poultry
  • Aquatic animals
  • Pets
  • Horses
  • Others

Form

  • Liquid
  • Dry

Application

  • Food & Beverage
  • Animal Feed
  • Pharmaceuticals
  • Others

Microorganism Feed Carbohydrase Market Regional Analysis/Insights

The microorganism feed carbohydrase market is analysed and market size insights and trends are provided by country, type, livestock, form and application as referenced above.

The countries covered in the microorganism feed carbohydrase market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America contributed the most to the enzymes market due to recent advances in protein engineering in the biotechnology sector, followed by Europe and Asia-Pacific. Due to the introduction of new enzymes used in the treatment of various chronic diseases and an increase in the number of development strategies implemented in this region by key players.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Microorganism Feed Carbohydrase Market Share Analysis

The microorganism feed carbohydrase market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to microorganism feed carbohydrase market.

Some of the major players operating in the microorganism feed carbohydrase market are:

  • Bayer AG (Germany)
  • BASF SE (Germany)
  • Syngenta Group (Switzerland)
  • Adama (Israel)
  • Sumitomo Chemicals (Japan)
  • Nufarm Limited (Australia)
  • UPL (India)
  • K+S Group (Germany)
  • Israel Chemical Company (Israel)
  • Cargill (U.S.)
  • ADM (U.S.)
  • Associated British Foods plc (U.K.)
  • DSM (Netherlands)
  • Kerry Group plc (Ireland)
  • AAK AB (Sweden)
  • Corbion (Netherlands)
  • International Flavors & Fragrances Inc. IFF (U.S.)


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Häufig gestellte Fragen

The Microorganism Feed Carbohydrase Market value is expected USD 2.71 billion by 2029.
The growth rate of the Microorganism Feed Carbohydrase Market is 8.50% during forecast period of 2022 to 2029.
On the basis of application, the Microorganism Feed Carbohydrase Market is segmented into Food & Beverage, Animal Feed, Pharmaceuticals, Others.
The major players operating in the Microorganism Feed Carbohydrase Market are Bayer AG (Germany), BASF SE (Germany), Syngenta Group (Switzerland), Adama (Israel), Sumitomo Chemicals (Japan), Nufarm Limited (Australia), UPL (India), K+S Group (Germany), Israel Chemical Company (Israel), Cargill Incorporated (U.S.), ADM (U.S.), Associated British Foods plc (U.K.), DSM (Netherlands), Kerry Group plc (Ireland), AAK AB (Sweden), Corbion (Netherlands), International Flavors & Fragrances Inc. IFF (U.S.).