Global Non-starch Polysaccharide (NSP) Enzyme Market – Industry Trends and Forecast to 2031

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Global Non-starch Polysaccharide (NSP) Enzyme Market – Industry Trends and Forecast to 2031

  • Agriculture And Animal Feed
  • Upcoming Report
  • Jan 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Non Starch Polysaccharide Nsp Enzyme Market

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period
2024 –2031
Diagram Market Size (Base Year)
USD 1,073.10 Million
Diagram Market Size (Forecast Year)
USD 1,624.20 Million
Diagram CAGR
%
Diagram Major Markets Players
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Global Non-starch Polysaccharide (NSP) Enzyme Market, By Type (Soluble, Insoluble), Application (Food and Beverages, Chemical, Others) - Industry Trends and Forecast to 2031.

Non-starch Polysaccharide (NSP) Enzyme Market

Non-starch Polysaccharide (NSP) Enzyme Market Analysis and Size

The essential factors contributing to the growth of the non-starch polysaccharide (NSP) enzyme market in the forecast period of 2024 to 2031 include continuous advancements in enzyme technology, growing emphasis on animal health and nutrition, and regulatory bodies promoting the use of enzymes as environmentally friendly alternatives to traditional feed additives.

Data Bridge Market Research analyzes that the global non-starch polysaccharide (NSP) enzyme market which was USD 1,073.10 million in 2023, is expected to reach USD 1,624.20 million by 2031, growing at a CAGR of 5.3% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016-2021)

Quantitative Units

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

Segments Covered

Type (Soluble, Insoluble), Application (Food and Beverages, Chemical, Others)

Countries Covered

U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, Rest of South America

Market Players Covered

DuPont (U.S.), Novozymes A/S (Denmark), DSM (Netherlands), AB Enzymes GmbH (Germany), BASF SE (Germany), Associated British Foods plc (ABF) (U.K.), Amano Enzyme Inc. (Japan), Adisseo (France), Advanced Enzyme Technologies Ltd. (India), Biocatalysts Ltd. (U.K.), Dyadic International, Inc. (U.S.), Kemin Industries, Inc. (U.S.), Novus International, Inc. (U.S.), Enmex S.A. de C.V. (Mexico), Sekisui Diagnostics LLC (U.S.), Shenzhen Leveking Bio-Engineering Co., Ltd. (China), Sunson Industry Group Company Limited (China), Vland Biotech Group Co., Ltd. (China), Youtell Biochemical Co., Ltd. (China)

Market Opportunities

  • Increasing demand in animal feed industry
  • Advancements in enzyme technology
  • Regulatory support and shift towards sustainable solution

Market Definition

Non-starch polysaccharide (NSP) enzymes are a type of enzyme used in various industries, primarily in animal nutrition and feed production. These enzymes play a significant role in breaking down complex carbohydrates, particularly non-starch polysaccharides present in animal feed ingredients like grains, soybeans, and other fibrous materials. NSP enzymes target components such as cellulose, hemicellulose, pectin, and β-glucans, which are indigestible by animals, especially monogastric species like poultry and pigs.

Global Non-Starch Polysaccharide (NSP) Enzyme Market Dynamics

Drivers

  • Increasing demand in animal feed industry

Non-starch polysaccharide (NSP) enzymes are widely used in animal feed additives to enhance nutrient utilization and improve animal performance. The rising demand for high-quality animal feed with improved digestibility and nutrient absorption drives the use of NSP enzymes in livestock and poultry feed. It can prove to be a major driver for market growth.

  • Rising Focus on Animal Nutrition and Gut Health

There is a growing emphasis on animal health and nutrition, particularly in improving gut health and digestive efficiency, which can propel market growth. NSP enzymes aid in breaking down non-digestible components in feed, supporting gut health, and reducing anti-nutritional factors, thereby boosting animal immunity and performance.

Opportunity

  • Advancements in Enzyme Technology

Continuous advancements in enzyme technology have led to the development of more efficient and specialized NSP enzymes. Manufacturers are innovating to create enzyme blends that target specific substrates, enhancing their efficacy and improving overall animal health. Moreover, regulatory bodies promoting the use of enzymes as environmentally friendly alternatives to traditional feed additives drive the market. NSP enzymes, being biodegradable and offering reduced environmental impact, align with sustainability goals, further encouraging their adoption.

Restraint/Challenge

  • High research and development costs

The development and commercialization of effective NSP enzymes require substantial investments in research and development. The costs associated with discovering and producing new enzyme formulations that meet regulatory standards can be a limiting factor for market players. In addition, the cost of NSP enzymes may pose a barrier to adoption, especially for small-scale farmers or producers operating under tight budget constraints. Price sensitivity among buyers might limit the widespread use of these enzymes in animal feed.

This non-starch polysaccharide (NSP) enzyme 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 non-starch polysaccharide (NSP) enzyme market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

  • In December 2021, BASF has launched the new enzyme product Natupulse TS for animal feed. Natupulse TS is a non-starch polysaccharide (NSP) enzyme. As an endo-1,4-ß-D-mannanase, it hydrolyzes ß-mannans into smaller components, e.g. manno-oligosaccharides (MOS). The addition of ß-mannanase to the feed decreases digesta viscosity, increases the digestibility of the feed and ensures a more sustainable production

Global Non-Starch Polysaccharide (NSP) Enzyme Market Scope

The non-starch polysaccharide (NSP) enzyme market is segmented on the basis of type and application. The growth amongst these segments will help you analyse 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

  • Soluble
  • Insoluble

Application

  • Food And Beverages
  • Chemical
  • Others

Global Non-Starch Polysaccharide (NSP) Enzyme Market Regional Analysis/Insights

The non-starch polysaccharide (NSP) enzyme market is analysed and market size insights and trends are provided by country, type, and application as referenced above.

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

Asia-Pacific is expected to dominate the non-starch polysaccharide (NSP) enzyme market due to rapid industrialization, which has led to an increase in food processing activities across various industries such as beverages & dairy products, and others.

Europe is expected to observe significant amount of growth in the non-starch polysaccharide (NSP) enzyme market due to due to rising awareness about health benefits associated with non-starch polysaccharides enzyme products such as improved digestive health due to its effect on improving gut bacteria balance, reductionist effects on cholesterol level, and anti-inflammatory properties due decreasing susceptibility towards respiratory diseases caused by inflammation.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts 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 Global Non-starch Polysaccharide (NSP) Enzyme Market Share Analysis

The non-starch polysaccharide (NSP) enzyme 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 non-starch polysaccharide (NSP) enzyme market.

Some of the major players operating in the non-starch polysaccharide (NSP) enzyme market are:

  • DuPont (U.S.)
  • Novozymes A/S (Denmark)
  • DSM (Netherlands)
  • AB Enzymes GmbH (Germany)
  • BASF SE (Germany)
  • Associated British Foods plc (ABF) (U.K.)
  • Amano Enzyme Inc. (Japan)
  • Adisseo (France)
  • Advanced Enzyme Technologies Ltd. (India)
  • Biocatalysts Ltd. (U.K.)
  • Dyadic International, Inc. (U.S.)
  • Kemin Industries, Inc. (U.S.)
  • Novus International, Inc. (U.S.)
  • Enmex S.A. de C.V. (Mexico)
  • Sekisui Diagnostics LLC (U.S.)
  • Shenzhen Leveking Bio-Engineering Co., Ltd. (China)
  • Sunson Industry Group Company Limited (China)
  • Vland Biotech Group Co., Ltd. (China)
  • Youtell Biochemical Co., Ltd. (China)


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Research Methodology

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Customization Available

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Frequently Asked Questions

The non-starch polysaccharide (NSP) enzyme market size will be worth USD 1,624.20 million by 2031.
The growth rate of the non-starch polysaccharide (NSP) enzyme market is 5.3% by 2031.
Increasing demand in animal feed industry and and rising focus on animal nutrition and gut health are the growth drivers of the non-starch polysaccharide (NSP) enzyme market.
Type and application are the factors on which the non-starch polysaccharide (NSP) enzyme market research is based.
Major companies in the non-starch polysaccharide (NSP) enzyme market are DuPont (U.S.), Novozymes A/S (Denmark), DSM (Netherlands), AB Enzymes GmbH (Germany), BASF SE (Germany), Associated British Foods plc (ABF) (U.K.), Amano Enzyme Inc. (Japan), Adisseo (France), Advanced Enzyme Technologies Ltd. (India), Biocatalysts Ltd. (U.K.), Dyadic International, Inc. (U.S.), Kemin Industries, Inc. (U.S.), Novus International, Inc. (U.S.), Enmex S.A. de C.V. (Mexico), Sekisui Diagnostics LLC (U.S.), Shenzhen Leveking Bio-Engineering Co., Ltd. (China), Sunson Industry Group Company Limited (China), Vland Biotech Group Co., Ltd. (China), Youtell Biochemical Co., Ltd. (China).