FEED GLUCANASE MARKET OVERVIEW
Feed glucanase enzymes are used in animal feed to break down glucans, improving the digestibility of plant-based ingredients and enhancing nutrient absorption. The market is driven by the demand for better animal nutrition, sustainable feed solutions, and increased livestock production.
MARKET SIZE AND GROWTH
01 02
MARKET SIZE (2024):
APPROXIMATELY USD 522 MILLION
PROJECTED MARKET SIZE (2032): USD 1000.80 MILLION
COMPOUND ANNUAL GROWTH RATE (CAGR): 7.50% DURING THE FORECAST PERIOD.
By Type
MARKET SEGMENTATION
Application
REGIONAL ANALYSIS
Study focuses on evaluating the market landscape, consumer trends, and competition pertinent to the new product.
MIDDLE EAST & AFRICA
Rising adoption of feed enzymes to boost productivity.
EUROPE
Driven by sustainability and animal welfare standards.
NORTH AMERICA
Strong growth due to tech innovation and focus on animal health.
ASIA-PACIFIC
Largest market (38%), led by livestock demand in China and India.
KEY PLAYERS
Novozymes
