The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s feed carbohydrase market report forecasts the feed carbohydrase market size to grow to $4.45 billion in 2027 by 2027, with a CAGR (compound annual growth rate) of 7%.

Learn More On The Feed Carbohydrase Market Report 2023 – https://www.thebusinessresearchcompany.com/report/feed-carbohydrase-global-market-report

Feed Carbohydrase Market Size Forecast
The global feed carbohydrase market size is expected to grow from $3.16 billion in 2022 to $3.40 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions and affecting many markets across the globe. The global feed carbohydrase market size is expected to reach $4.45 billion in 2027 at a CAGR of 7.0%.

Asia-Pacific held the largest feed carbohydrase market share in 2022.

Key Feed Carbohydrase Market Driver ­– Rise In Meat Consumption
For instance, in March 2021, according to the reports shared by the Humane League., a US-based nonprofit organization, over 30 million metric tons of meat was produced annually in the US, an increase of 184 percent. Furthermore, according to Sentient Media., a US-based nonprofit news organization, in 2020, each American consumed 96.4 pounds of broiler chicken, and by 2030, Americans are anticipated to consume 101.1 pounds of broiler chicken per person. Therefore, rising meat consumption is driving the feed carbohydrase market.

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Key Feed Carbohydrase Market Trend – Product Innovation
Product innovation is a key trend gaining popularity in the feed carbohydrase market going forward. Major companies operating in the feed carbohydrase market are developing innovative products to strengthen their position in the market.

Feed Carbohydrase Market Segment
1) By Product Type: Amylase, Cellulose, Pectinase, Lactase
2) By Type: Liquid, Dry
3) By Source: Micro-Organisms, Animals, Plants
4) By Application: Poultry, Ruminants, Swine, Other Applications

Feed Carbohydrase Market Major Players and Strategies
Major players in the feed carbohydrase market are DuPont de Nemours, Koninklijke DSM N.V., Novozymes A/S, Amano Enzyme Inc., Associated British Foods plc., BASF SE, Specialty Enzymes & Probiotics, BIO-CAT Inc., Chr. Hansen A/S, Advanced Enzyme Technologies, AB Enzymes GmbH, Amorvet, BEC Feed Solutions Pty Ltd., Novus International Inc., and Biovet Joint Stock Company.

In January 2023, Novus International Inc., a US-based animal health and nutrition company acquired Agrivida Inc. for an undisclosed amount. With this acquisition, Novus International Inc. aimed to develop new feed additives and accelerate the deployment of new animal health and nutrition solutions. Agrivida Inc. is a US-based biotechnology company that produces feed carbohydrase, phytase, and glucanase for animals.

The Feed Carbohydrase Global Market Report 2023 covers regional data on feed carbohydrase market size, feed carbohydrase market trends and drivers, opportunities, strategies, and feed carbohydrase market competitor analysis. The countries covered in the feed carbohydrase market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Feed carbohydrates refer to a group of enzymes that are added to animal feed to improve nutrient availability and digestibility of the feed components.

View More Reports Related To The Feed Carbohydrase Market –
Feed Premix Global Market Report 2023
Probiotics In Animal Feed Global Market Report 2023
Animal Growth Promoters And Performance Enhancers Global Market Report 2023

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