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Global microorganism feed carbohydrase market size is expected to reach $2.36 Bn by 2028 at a rate of 8.6%, segmented as by type, amylases, cellulases, pectinases, lactase, other types
The Microorganism Feed Carbohydrase Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Microorganism Feed Carbohydrase Global Market Report 2024, The microorganism feed carbohydrase market size has grown strongly in recent years. It will grow from $1.55 billion in 2023 to $1.7 billion in 2024 at a compound annual growth rate (CAGR) of 9.3%. The growth in the historic period can be attributed to industry adoption, regulatory changes, consumer preferences, research initiatives, economic fluctuations.

The microorganism feed carbohydrase market size is expected to see strong growth in the next few years. It will grow to $2.36 billion in 2028 at a compound annual growth rate (CAGR) of 8.6%. The growth in the forecast period can be attributed to feed industry growth, health and wellness trends, market competitiveness, environmental concerns, research and development. Major trends in the forecast period include biotechnology advancements, health and wellness awareness, alternative to antibiotics, precision nutrition, alternative to antibiotics.

Rising demand for animal protein such as meat is expected to propel the growth of the microorganisms feed carbohydrase market going forward. Meat refers to the flesh of animals that are used for consumption to offer a good source of protein, vitamins, and minerals in a diet. microorganisms feed carbohydrase enzymes are commonly employed in animal feeds to reduce the negative impacts of antinutritional elements in the structure of feed raw materials and improve performance, which helps to supply more meat per animal at a reduced cost while enhancing overall long-term well-being. For instance, according to the Organization for Economic Co-operation and Development (OECD), a France-based intergovernmental organization for trade, the global meat consumption per capita would rise by 0.3% per year to 35.4 kg in retail weight equivalent by the year 2030, where poultry meat represents 41% of all the protein from meat sources with an increase of 2% in 2030 due to its healthier food choice, cheap price, and convenience of preparation. Therefore, rising demand for animal protein such as meat drives the microorganisms feed carbohydrase market.

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The microorganism feed carbohydrase market covered in this report is segmented –
1) By Type: Amylases, Cellulases, Pectinases, Lactase, Other Types
2) By Form: Dry, Liquid
3) By Livestock: Poultry, Swine, Ruminants, Aquatic Animals, Other Livestock
4) By Application: Food And Beverage, Animal Feed, Pharmaceuticals, Other Applications

Product innovations are a key trend gaining popularity in the microorganism feed carbohydrase market. Major companies operating in the microorganism feed carbohydrase market are focused on introducing innovative products to sustain their position in the market. For instance, in February 2022, Novozymes, a Denmark-based biotechnology firm that develops microorganism feed carbohydrase in collaboration with the Royal Dutch DSM Group, a Netherlands-based company that provides microbial enzymes, developed the Ronozyme feed enzymes. These enzymes would improve feed utilization and efficacy, and also reduce feed costs and adverse environmental impacts, thereby promoting sustainable development of the industry.

The microorganism feed carbohydrase market report table of contents includes:
1. Executive Summary
2. Microorganism Feed Carbohydrase Market Characteristics
3. Microorganism Feed Carbohydrase Market Trends And Strategies
4. Microorganism Feed Carbohydrase Market - Macro Economic Scenario
5. Global Microorganism Feed Carbohydrase Market Size and Growth
31. Global Microorganism Feed Carbohydrase Market Competitive Benchmarking
32. Global Microorganism Feed Carbohydrase Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Microorganism Feed Carbohydrase Market
34. Microorganism Feed Carbohydrase Market Future Outlook and Potential Analysis
35. Appendix

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Issued By Sai
Country United Kingdom
Categories Marketing
Last Updated February 12, 2024