Middle-East and Africa Feed Enzymes Market Size and Share
According to the report “Middle-East and Africa Feed Enzymes market", published by Market Data Forecast, the Middle-East and Africa market is projected to reach USD 7.04 billion by 2021, at a CAGR of 6.52% from 2016 to 2021
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Enzymes are natural proteins that are secreted by all animals as part of the feed digestion. Enzymes are secreted in body to digest carbohydrates, proteins, lipids and other mineral complexes. Commercial enzymes are used to enhance the natural digestion process.
Feed enzymes are added in animal nutrition to improve utilization of energy and nutrients or to degrade unnecessary components. Usage of enzymes reduces environmental pollution and increases profits of livestock farmers.
The increase in Middle-East and Africa population leads to rise in demand for healthy meat products has become major driving factor for rising concern over livestock disease outbreak, and environmental concern. Penetration of organized retail sector is also a major driver boosting the market. Rising cost of important raw materials and price volatility of agricultural commodities are major restraints in the market. Complex Regulatory Environment is restraining the growth of the market due to doubts about the efficacy of the products and consequently late regulatory approvals. Feed enzymes when used in higher quantities are found to have negative effects due to which the demand might fall, hindering the market growth.
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The Feed Enzymes market is segmented as following:
Based on Ingredient:
Based on Animals:
The major companies operating in the Middle-East and Africa Feed Enzymes market are DuPont, DSM, BASF Corporation, Alltech, Novozymes and Adisseo France. Other Major players in the market are AB Enzymes GmbH, Advanced Enzymes Technologies Limited, Amano Enzyme Inc. Bio Vet JSC, Biocatalysts ltd, Chr. Hansen Inc, Enmex Sa De Cv, Lesaffre Group, PURATOS GROUP, Rossari Biotech Limited, Shenzhen Leveking Bio-Engineering Co. Ltd and Sunson Industry Group Company Limited.
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The Feed Enzymes market study offers the following deliverables:
Middle-East and Africa, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the Middle-East and Africa market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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