"Protease in Animal Feed Market

Animal feed protease is used as a dietary food supplement in fowl diet regimens due to the lack of naturally occurring phosphates in feed active ingredients. In pet nutrition, pet feed protease is primarily used in the processing of feed components and the application of exogenous proteases to feed. Animal feed protease could be a viable option for lowering nutritional protein levels while maintaining performance.

Data Bridge Market Research analyses that the protease in animal feed market which was valued at USD 1.8 billion and is expected to reach the value of USD 3.69 billion by 2029 growing at a CAGR of 9.40% during the forecast period.  In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

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Some of the major players operating in the protease in animal feed market are:

• Cargill, Incorporated (U.S.)
• 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)
• Nutreco (Netherlands)
• ForFarmers. (Netherlands)
• De Heus Animal Nutrition (Netherlands)

Global Protease in Animal Feed Market Scope

The protease in animal feed market is segmented on the basis of source, livestock, and form. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Source

• Animal
• Plant
• Microbial

Livestock

• Poultry
• Swine
• Ruminants
• Aquaculture
• Others

Form

• Liquid
• Dry

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Global Protease in Animal Feed Market Dynamics

Drivers

• rise in global meat consumption and animal based [product

Increased meat consumption due to low prices and an increase in the middle-class population can be attributed to the growth of the protease in animal feed market. Increased urbanisation, radical changes in lifestyle, and rising disposable income, the average meat consumption has increased over the last few years. Feed enzymes are driving market growth by increasing demand for animal-based products such as dairy products, meat products, and eggs, as well as increasing demand for naturally produced feed and feed additives and the easy availability of feed ingredients at lower prices.

• Rising awareness for food safety

The prevalence of improved meat quality as well as improved animal health to raise the consumption of animal-based food products, increasing demand for naturally produced feed and feed additives, and provision of cost-effective feed such as ruminants, poultry, swine, and others will likely boost the growth of the protease in animal feed market during the forecast period.

The increased demand for enzymes in the pharmaceutical industry to synthesise intermediates in active pharmaceutical ingredient (API) production for effective medications is expected to drive the enzymes market forward. Similarly, the ability of an enzyme to convert complex molecules to simpler molecules (starch to glucose) in food and beverage companies, removal of fats and oil stains in the detergent industry, bioethanol for biofuel production, and improved bleaching properties in the paper and pulp industries are expected to drive enzyme demand in the coming years.

Opportunity

Protease for animal feed is in high demand among fish meal producers. Protease as a source of nutrition, replacing other fish meals in aquaculture feed, has many advantages, including digestibility, nutritional benefits in terms of protein content, and financial benefits because it is a highly valued source of protein for aquaculture feeds, and has demonstrated excellent performance in trials at highly tested doses.

Restraints

The increasing inclusion rates of enzyme along with cellulose hydrolysis remain difficult, which will likely impede the growth of the protease in the animal feed market during the forecast period. The rising cost of research and development, combined with the thermos ability of enzymes, will be the most significant challenges to market growth.

This protease in animal feed market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the protease in animal feed market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Complete Report Details with Facts and Figures along respective Images and Graphs (TOC) https://www.databridgemarketresearch.com/toc/?dbmr=global-protease-in-animal-feed-market
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