Global Feed Carbohydrase Market, By Type (Liquid, Dry), Source (Microorganism, Plant, Animal), Product Type (Amylases, Cellulases, Pectinases, Lactase, Others), Livestock (Poultry, Swine, Ruminants, Aquatic Animals, Others), Application (Food and Beverages, Animal Feed, Pharmaceuticals, Others) – Industry Trends and Forecast to 2029.
Feed Carbohydrase Market Analysis and Size
The rising government initiatives and measures are promoting the benefits of carbohydrase in food, beverages and other related products. Moreover, the successful livestock production due to the carbohydrases and their rising usage is also a factor propelling the growth of the market. Additionally, the high energy usage is directly proportional to the financial returns for the global producers and manufacturers.
Data Bridge Market Research analyses that the feed carbohydrase market was valued at USD 3.2 billion in 2021 and is expected to reach USD 5.50 billion by 2029, registering a CAGR of 7.00% during the forecast period of 2022 to 2029. 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.
Feed Carbohydrase Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 - 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Liquid, Dry), Source (Microorganism, Plant, Animal), Product Type (Amylases, Cellulases, Pectinases, Lactase, Others), Livestock (Poultry, Swine, Ruminants, Aquatic Animals, Others), Application (Food and Beverages, Animal Feed, Pharmaceuticals, Others)
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Countries Covered
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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, Israel, Egypt, South Africa, 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
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Market Players Covered
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DuPont (U.S.), AMORVET (India), DSM (Netherlands), Novozymes (Denmark), BIO-CAT, Inc. (Germany), BEC Feed Solutions Pty Ltd (Australia), Amano Enzyme Inc. (Japan), NOVUS INTERNATIONAL (U.S.), AB Enzymes (Germany), Associated British Foods plc (U.K.), Chr. Hansen Holding A/S (Denmark), BIOVET JSC (Bulgaria), Advanced Enzyme Technologies. (India), Advanced Enzyme Technologies. (Belgium), Specialty Enzymes & Probiotics (U.S.), Alltech. (Nicholasville), Dyadic International Inc. (U.S.), BASF SE (Germany)
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Market Opportunities
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Market Definition
Carbohydrase is a category of enzyme that help in decomposing of enzymes into simpler sugars. carbohydrate has proven beneficial in improving digestion in human beings and is reported to reduce diabetes. A few types of carbohydrases include amylases, pectinase and lactase.
Global Feed Carbohydrase Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Rising Applications of carbohydrase
The increasing applications of carbohydrase across various sectors is the primary factor driving the growth of the market over the forecasted period. The carbohydrase holds wide applications in industrial processes and products, mainly related to food processing. The carbohydrases help in achieving various products such as sugar syrups, prebiotics and isomalutose, which is a great sweetener substitute to sucrose for the improvement of the sugar requirements in wines and others and also to reduce the lactose content in the milk. The most important carbohydrases that help achieve these products are of microbiological sources, including amylases, invertases, galactosidases and others. All these beneficiary factors propel the market's growth over the forecasted period.
Opportunities
- Increase in research and development activities
The surging number of research and development activities will boost new market opportunities for the market’s growth rate. The rising trend for immobilization techniques is also fuelling the growth of the market over the forecasted period. The immobilization technique includes adsorption, entrapment or covalent bonding methods into insoluble support for forming cross-linked enzyme aggregates. These enzymes enable the reuse of biocatalysts and allow stable procedures for continuous operations which are mandatory in an industrial environment. Moreover, the rise in the collaborations and the new emerging markets will also create beneficial growth opportunities for the market. All these factors are boosting the growth of the market over the forecasted period.
Restraints/ Challenges
- High Costs of Production
The high costs of production and manufacturing-related factors and high amount of capital investments in the infrastructures will hinder the feed carbohydrase market’s growth over the forecasted period.
This 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 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.
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.
COVID-19 Impact on Feed Carbohydrase Market
The COVID-19 pandemic had a severe impact on the feed carbohydarse market's growth. The coronavirus pandemic has prompted the imposition of lockdown in various nations, causing the supply chain to be disrupted. As a result, the spread of pandemics has hindered market growth. However, the rising demands of the animal feed across various regions boosted the growth of the market during the post-covid era. The market will expand, owing to the upliftment of restrictions, initiation of the supply chain procedures and the rising adoptions of pets across the globe.
Recent developments
- In 2021, Novozymes, a global leader in biological solutions entered into a partnership agreement with Saipem, advanced technology and engineering platform for suitable and sustainable complex structure plants for enhanced mechanical outcomes and equipment designs.
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.
Global Feed Carbohydrase Market Scope
The feed carbohydrase market is segmented on the basis of type, source, product type, livestock and applications. 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
- Liquid
- Dry
Source
- Microorganism
- Plant
- Animal
Product Type
- Amylases
- Cellulases
- Pectinases
- Lactase
- Others
Livestock
- Poultry
- Swine
- Ruminants
- Aquatic Animals
- Others
Application
- Food and Beverages
- Animal Feed
- Pharmaceuticals
- Others
Feed Carbohydrase Market Regional Analysis/Insights
The feed carbohydrase market is analyzed and market size insights and trends are provided by type, source, product type, livestock and applications as referenced above.
The countries covered in the 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, Israel, Egypt, South Africa, 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 dominates the feed carbohydrase market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is due to the rising awareness regarding the benefits of carbohydrases along with the presence of several manufacturing companies within the region.
Asia–Pacific is expected to grow within the forecasted period of 2022-2029 due to the rising demands of carbohydrase and feed additives within the region.
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 Feed Carbohydrase Market Share Analysis
The 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 feed carbohydrase market.
Some of the major players operating in the feed carbohydrase market are:
- DuPont (U.S.)
- AMORVET (India)
- DSM (Netherlands)
- Novozymes (Denmark)
- BIO-CAT, Inc. (Germany)
- BEC Feed Solutions Pty Ltd (Australia)
- Amano Enzyme Inc. (Japan)
- NOVUS INTERNATIONAL (U.S.)
- AB Enzymes (Germany)
- Associated British Foods plc (U.K.)
- Chr. Hansen Holding A/S (Denmark)
- BIOVET JSC (Bulgaria)
- Advanced Enzyme Technologies. (India)
- Advanced Enzyme Technologies. (Belgium)
- Specialty Enzymes & Probiotic. (U.S.)
- Alltech. (Nicholasville)
- Dyadic International Inc. (U.S.)
- BASF SE (Germany)
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