Global Protease in Animal Feed Market
The Global Protease in Animal Feed Market was valued at US$ 1.8 billion in 2021 and it is expected to reach at US$3.21 billion in 2027 at a CAGR of 7.94% during forecast period 2022-2027.
Protein-degrading enzymes are known as proteolytic enzymes (proteases). Proteolytic enzymes are those that digest proteins on the skin or inside the body. This could facilitate digestion or the breakdown of proteins linked to pain and edoema. Proteolytic enzymes like bromelain, chymotrypsin, ficin, papain, serrapeptase, and trypsin can be found in supplements. Proteolytic enzymes are used to cure a wide range of ailments, such as digestion problems, pain and swelling, and many others. For more details on applications and outcomes, consult individual topics.
Market Drivers
The expansion of the protease market in animal feed can be linked to rising middle-class populations and low-priced meat consumption. The average meat consumption has increased over the past few years due to greater urbanisation, dramatic lifestyle changes, and rising disposable income. Through rising demand for animal-based goods like dairy, meat, and eggs, as well as rising demand for naturally generated feed and feed additives and the simple accessibility of feed ingredients at reduced prices, feed enzymes are propelling market expansion.
Market Restraints
The challenge of cellulose hydrolysis and the rising inclusion rates of enzyme will probably limit the expansion of protease in the animal feed market throughout the course of the projected period. The biggest obstacles to market expansion will be the rising cost of research and development and enzymes' thermostability.
Market Segmentation
The global protease in animal feed market is segmented into source, livestock, and form. By source it segmented into animal, plant, microbial. By livestock it segmented into poultry, swine, ruminants, aquaculture, others. By form it segmented into dry, liquid.
Regional Analysis
The global protease in animal feed market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa. Due to recent developments in protein engineering in the biotechnology industry, North America made the largest contribution to the market for protease in animal feed, followed by Europe and Asia-Pacific. Because more development strategies are being undertaken in this region by important firms and because new enzymes that are employed in the treatment of numerous chronic diseases have been introduced.
Key Players
Various key players are listed in this report such as Dow (U.S.), BASF SE (Germany), Chr. Hansen Holding A/S (Denmark), DSM (Netherlands), DuPont (U.S.), Evonik Industries AG (Germany), NOVUS INTERNATIONAL (U.S.), Alltech (Nicholasville), Associated British Foods plc (U.K.), Charoen Pokphand Foods PCL (Thailand).
Market Taxonomy
By Source
By Livestock
By Form
Key Question Addressed by the Report
Global Protease in Animal Feed Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Protease in Animal Feed Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Protease in Animal Feed Market, By Source
5.1 Y-o-Y Growth Comparison, By Source
5.2 Global Shrink Drum Liner Market Share Analysis, By Source
5.3 Global Shrink Drum Liner Market Size and Forecast, By Source
5.3.1 Animal
5.3.2 Plant
5.3.3 Microbial
6 Global Protease in Animal Feed Market, By Livestock
6.1 Y-o-Y Growth Comparison, By Livestock
6.2 Global Protease in Animal Feed Market Share Analysis, By Livestock
6.3 Global Protease in Animal Feed Market Size and Forecast, By Livestock
6.3.1 Poultry
6.3.2 Swine
6.3.3 Ruminants
6.3.4 Aquaculture
6.3.5 Others
7 Global Protease in Animal Feed Market, By Form
7.1 Y-o-Y Growth Comparison, By Form
7.2 Global Protease in Animal Feed Market Share Analysis, By Form
7.3.1 Dry
7.3.2 Liquid
8 Global Protease in Animal Feed Market, By Region
8.1 Global Protease in Animal Feed Market Share Analysis, By Region
8.2 Global Protease in Animal Feed Market Share Analysis, By Region
9 North America Protease in Animal Feed Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Protease in Animal Feed Market Share Analysis, By Source
9.3 North America Protease in Animal Feed Market Size and Forecast, By Livestock
9.4 North America Protease in Animal Feed Market Size and Forecast, By Form
9.5 North America Protease in Animal Feed Market Size and Forecast, By Country
9.5.1 U.S
9.5.2 Canada
9.5.3 Mexico
10 Europe Protease in Animal Feed Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Protease in Animal Feed Market Share Analysis, By Source
10.3 Europe Protease in Animal Feed Market Size and Forecast, By Livestock
10.4 Europe Protease in Animal Feed Market Size and Forecast, By Form
10.5 Europe Protease in Animal Feed Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4 Rest of Europe
11 Asia Pacific Protease in Animal Feed Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Protease in Animal Feed Market Size and Forecast, By Source
11.3 Asia Pacific Protease in Animal Feed Market Size and Forecast, By Livestock
11.4 Asia Pacific Protease in Animal Feed Market Size and Forecast, By Form
11.5 Asia Pacific Protease in Animal Feed Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Protease in Animal Feed Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Protease in Animal Feed Market Size and Forecast, By Source
12.3 Latin America Protease in Animal Feed Market Size and Forecast, By Livestock
12.4 Latin America Protease in Animal Feed Market Size and Forecast, By Form
12.5 Latin America Protease in Animal Feed Market Size and Forecast, By Country
12.5.1 Brazil
12.5.2. Rest of Latin America
13 Middle East Protease in Animal Feed Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle Protease in Animal Feed Market Share Analysis, By Source
13.3 Middle Protease in Animal Feed Market Size and Forecast, By Livestock
13.4 Middle Protease in Animal Feed Market Size and Forecast, By Form
13.5 Middle Protease in Animal Feed Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1. Dow (U.S.)
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Development
15.1.6 Key Strategies
15.2. Chr. Hansen Holding A/S (Denmark)
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. DSM (Netherlands)
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4. Evonik Industries AG (Germany)
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5. NOVUS INTERNATIONAL (U.S.)
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6. DuPont (U.S.)
15.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7. Alltech (Nicholasville)
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8. Associated British Foods plc (U.K.)
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9. Charoen Pokphand Foods PCL (Thailand)
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10. BASF SE (Germany)
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
