Feed Enzymes Market Worth $1,280.1 Million by 2019
DALLAS, August 13, 2014 /PRNewswire/ --
According to the report "Feed Enzymes Market by Livestock (Swine, Poultry, Ruminants, Aquatic Animals & Others), by Types (Phytase, Protease & Non-starch Polysaccharides enzymes) & by Geography -Global Trends & Forecasts to 2019" by MarketsandMarkets, defines the feed enzymes market and segments it into different types, livestock, and geographies with analyses and projections of the market size of each of these segments in terms of value. It also identifies the driving and restraining factors for the feed enzymes market with analyses of the trends, opportunities, burning issues, and winning imperatives.
Browse 89 market tables and 31 figures spread through 229 pages and in-depth TOC on "Feed Enzymes Market -Global Trends & Forecasts to 2019".
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The feed enzymes market is driven by the consumption habits of the consumers, marketing strategies of the companies, an increase in demand for high feed enzymes, consumer awareness, and the developing economies. The key market players adopt collaborations, agreements, acquisitions, and expansions as their preferred strategy to sustain the competition in the market. The different technologies used to manufacture feed enzymes have further driven the market.
The feed enzymes market is estimated to reach about $1,280.1 million by 2019. In 2014, Europe was the largest feed enzymes market. The RoW market for feed enzymes is projected to grow at the highest CAGR of around 8.8% from 2014 to 2019. The Asia-Pacific market is estimated to have the second-highest CAGR of 7.6% from 2014 to 2019.
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The report includes the marketing and development strategies, along with the product portfolio of leading companies. The report includes the company profiles of leading companies, such as BASF SE and Associated British Foods Plc. The key players in the market are persistent in the expansion of feed enzyme offerings to new markets and are actively investing in R&D activities to gain a competitive edge through new product developments.
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