BLOG

Global Feed Enzymes Market: Supply Market Intelligence

Jul 11, 2018

The acceptance and usage of feed enzyme technology have increased in the United States over the past two decades. Feed enzymes are integral to increase the nutritional value of feed ingredients, reduce feed costs, and improve the environment while maintaining or improving animal performance. Enzymes are chemicals or catalysts released by cells to the increase the speed of specific chemical reactions. Enzymes are released in the digestive tract to aid in the digestion of food. Today, these enzymes can be effectively manufactured and added to animal feeds in the form of feed enzymes. Typically, three classes of enzymes (phytases, carbohydrase, and proteases) are considered for use in poultry feeds. (Source: Global Feed Enzymes Procurement Market Intelligence Report) Energy is a highly expensive nutrient in the diet and adding xylanase, amylase, and protease enzymes to poultry feed helps producers cut down on the feed costs. 

snip

Key markets 

APAC, North America, and Europe are the major feed enzymes markets owing to the growing preference for meat and meat-based fast food among consumers. In APAC, China, India, Japan, and Vietnam are the major markets for feed enzymes. Rapidly improving the purchasing power of the population, growing population, the rise in demand for protein-rich meat diets coupled with the increasing need to reduce the cost of feeds are driving the demand for feed enzymes in these countries. Furthermore, the presence of an established livestock industry and growing emphasis on reducing environmental pollution caused by meat production are augmenting the growth of feed enzymes in North America, which is the largest market for feed enzymes.

Pricing model 

Rising stringency of food safety regulations and increasing investments in R&D initiatives are likely to drive the prices of feed enzymes. Furthermore, the rising stringency and complexity of these regulations increase the regulatory compliance cost of suppliers. Moreover, the growing intensity of market competition has compelled suppliers to increase the spend on marketing and R&D initiatives; thereby, differentiating their product portfolio and enhancing brand loyalty among end-consumers.

cta SE

Getting Down To Business

We are offering Free Trials to all our customers or prospects who have been impacted positively or negatively by Covid-19 and are looking to connect with prospect buyers immediately.

Contact us

Sourcing and Procurement Market Intelligence Services

Products and Tools

Featured

Services Overview

Category Market Intelligence

Supply Market Analysis

Low-Cost/Best-Cost Country Sourcing

Benchmarking

Spend Analysis

Cost Modeling and Should-Cost Analysis

Total Cost of Ownership (TCO) Analysis

Supplier Risk Analysis

Supply Chain Risk Assessment

Supplier Sustainability Assessment

Commodity Price Forecasting

Category Management

Supplier Negotiations

Contract Management

Procurement Store

Purchase Ready-to-use Reports

SEinsightsTM

Our Robust Procurement Platform

BizVibeTM

Suppliers and Buyers Marketplace

SUPPLY MARKET ANALYSIS FOR A METAL MANUFACTURING COMPANY HELPS ACHIEVE ANNUAL SAVINGS OF $15 MILLION

Industries

Industries Overview

Automotive and Tire

Banking, Financial Services and Insurance

Biotechnology, Pharmaceutical and Life Sciences

Chemicals

Energy

Food and Beverage

Industrial and Manufacturing

ICT, Media and Entertainment

Mining, Metals and Minerals

Retail and CPG

Transportation

INCREASING LOCAL PROCUREMENT BY 28% FOR A COMPANY IN THE METALS AND MINING INDUSTRY – A CASE STUDY BY SPENDEDGE

Resources

Featured

Resources Overview

COVID-19 Resources

Blogs

Case Studies

Whitepapers

Webinars

Press Releases and Media Mentions

5 KEY CORONAVIRUS RISK ASSESSMENT STRATEGIES TO OVERCOME HEALTHCARE SUPPLY CHAIN CHALLENGES

IDENTIFYING STRATEGIC PURCHASING PRACTICES FOR A COMPANY IN THE US FOOD SERVICE INDUSTRY | SPENDEDGE’S LATEST SUCCESS STORY

COVID-19

Featured

Overview

Buyers

Diagnostic Test Kit

Additional Resources
Contact

A LOOK INTO THE FUTURE OF THE FOOD AND BEVERAGE INDUSTRY AFTER THE COVID-19 PANDEMIC

Identifying the Top 100 Coronavirus (COVID-19) Test Kit Manufacturers Across Regions

Clients

Featured

Clients Overview

Who We Serve

Case Studies

SUPPLY CHAIN MANAGEMENT HELPS AN IMPORT AND EXPORT INDUSTRY CLIENT ENHANCE SUPPLY CHAIN VISIBILITY

REALIZING SAVINGS OF $15 MILLION IN PACKAGING SPEND FOR AN FMCG CLIENT – PACKAGING SOURCING STRATEGY

About Us

News

About SpendEdge
Why SpendEdge?
Vision, Mission and Values
Clients
Social Impact
Global Offices

Press Releases and Media Mentions

Upcoming Events & Webinars