Animal Feed Enzymes Market to reach $2bn by 2024: Global Market Insights Inc. Animal Feed Enzymes Market size is estimated to exceed USD 2 billion by 2024; according to a new research report by Global Market Insights, Inc. Shifting consumer focus on animal nutritional intake for high quality meat due to its enhancing biological properties will drive the animal feed enzymes market growth. Increase in global meat consumption boosted the overall livestock husbandry. Global average meat consumption was over 75 pounds in 2016. Improving nutrient content, energy utilization, and livestock health are the key properties enhancing the product demand. Large presence of fibers altering the gut viscosity increases the overall livestock efficiency.
Increasing consumer preference for processed meat and dairy products along with proliferating hypermarkets & supermarkets will support the industry growth. Rising awareness pertaining to fodder quality coupled with competitive prices are the key factors fueling the product demand. U.S. Animal Feed Enzymes Market Size, By Livestock, 2016 & 2024 (Kilotons)
Browse key industry insights spread across 250 pages with 217 market data tables & 11 figures & charts from the report, “Animal Feed Enzymes Market Size By Form (Dry, Liquid), By Product (Phytase, Carbohydrase, Protease, Non-starch polysaccharides), By Livestock (Poultry, Swine, Aquaculture, Ruminant) Regional Outlook (U.S., Canada, Spain, Germany, UK, France, Russia, China, 1|Page