Protease: The Faster Grower In The Feed Enzyme Market
The protease market in feed enzymes is expected to grow fastest during the forecast period. This is based on MarketsandMarkets data.
Proteases help farmers save on feed costs because the use of proteases can greatly contribute to current efforts to reduce nitrogen emissions from livestock production. Therefore, proteases are a new breed of feed enzymes that have become increasingly popular over the years.
Poultry breakdown dominates
The report points out that in 2016, poultry had the largest share of the global feed enzyme market. It provides the birds with protein, which increases their growth rate; it also strengthens their immune system. The demand for poultry meat is higher than the demand for other meat products. This has driven the poultry market segment in the feed enzyme market.
Enzymes from the microbial part
The enzymes extracted from microorganisms are very important for the manufacture of animal feed. Currently, the latest molecular techniques are used to discover microbial enzymes that are used in the feed industry to improve feed quality. These reasons have driven the microbial part of the feed enzyme market.
The fastest growing in Asia Pacific
The Asia-Pacific region is expected to have the fastest growth in the feed enzyme market from 2017 to 2022. China, the largest producer of China, continues to contribute to the region’s leading position. India and Japan’s economic growth has increased significantly. Widespread consumption of pork and poultry in the Asia Pacific region. Due to increased population, increased purchasing power, and changes in consumer preferences for food, the demand for poultry in India and China is expected to increase. The increase in demand for meat protein has led to meat production in the region, which has seen an increase in feed enzyme intake and is expected to show healthy growth.