Phytase for Feed Market
Phytase for Feed Market Scope: Industry Analysis,
Market Size, Growth, Trends Till 2031
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Phytase for Feed Market Size and Growth
The Phytase for Feed market is experiencing robust growth, driven by rising demand for animal nutrition and sustainable feeding solutions. The global market size is estimated to reach USD 500 million by 2025, reflecting a CAGR of 10%. Key trends include advancements in enzymatic formulations and increasing adoption in livestock sectors.
Companies Covered
(Covid 19 Impact Covered)
◍ Novozymes
◍ Yiduoli
◍ Longda Bio-products
◍ Sunhy Group
◍ Beijing Smistyle
◍ Beijing Challenge Group
◍ Sunson
◍ Youtell Biochemical
The phytase feed market features companies like Novozymes, Yiduoli, Longda Bio-products, and Sunhy Group, which enhance animal nutrition, improve phosphate utilization, and reduce environmental impact. Their innovation supports growth in the market. Notable sales figures include Novozymes' revenue reaching approximately $2 billion, while Yiduoli and Longda report significant contributions in feed additives.
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Market Segmentation
By Application
Poultry
Pig
Ruminants
Aquatic Animals
Other
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By Product
Liquid
Powder
Market Growth
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$ X Billion USD
