Market Size of africa feed enzymes Industry
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 67.31 Million |
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Market Size (2029) | USD 82.23 Million |
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Largest Share by Sub Additive | Carbohydrases |
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CAGR (2024 - 2029) | 4.09 % |
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Largest Share by Country | South Africa |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Africa Feed Enzymes Market Analysis
The Africa Feed Enzymes Market size is estimated at 67.31 million USD in 2024, and is expected to reach 82.23 million USD by 2029, growing at a CAGR of 4.09% during the forecast period (2024-2029).
67.31 Million
Market Size in 2024 (USD)
82.23 Million
Market Size in 2029 (USD)
1.63 %
CAGR (2017-2023)
4.09 %
CAGR (2024-2029)
Largest Market by Sub-Additive
49.98 %
value share, Carbohydrases, 2023
Carbohydrases is the largest segment due to their ability to increase the intake of protein, minerals, and lipids from feed. They also help in the digestion of non-soluble polysaccharides.
Largest Market by Country
47.72 %
value share, South Africa, 2023
South Africa is the largest market because of increased feed production, rising demand for meat and livestock products, and increased feed enzyme usage.
Fastest-growing Market by Sub-Additive
4.09 %
Projected CAGR, Carbohydrases, 2024-2029
Carbohydrases is the fastest growing segment due to increased demand for meat and meat products and awareness about the benefits of healthy animal diets for animal productivity.
Fastest-growing Market by Country
4.72 %
Projected CAGR, South Africa, 2024-2029
Increased feed production, rising demand for meat and livestock products, and increased feed enzyme usage are the factors that made South Africa the fastest-growing market in the region.
Leading Market Player
5.30 %
market share, DSM Nutritional Products AG, 2022
DSM Nutritional Products AG is the market leader as it expanded its presence in South Africa to provide products by establishing a new R&D center in the country.
- The African feed enzymes market showed slow growth in recent years, accounting for only 3.8% of the total feed additives market in 2022. However, South Africa emerged as a dominant player in the region, accounting for 47.4% of the market share due to its significant feed production of 11 million metric tons in 2022.
- Although the market witnessed a decline of 28% in 2019 due to reduced feed production as a result of Avian flu and ASF outbreaks, carbohydrases emerged as a significant feed enzyme in the market due to their ability to increase the intake of protein, minerals, and lipids from animal feed. The carbohydrases segment accounted for 50% of the feed enzymes market in 2022.
- Among animal types, poultry birds are the largest segment of the feed carbohydrases segment, accounting for 57.9% of the market share in 2022, as carbohydrases aid in the digestion of non-soluble polysaccharides.
- South Africa is the fastest-growing country in Africa, and it is expected to register a CAGR of 4.7% during the forecast period (2023-2029). However, both carbohydrases and phytases are growing at an equal rate in the region and are expected to record a CAGR of 4.1% each during the forecast period.
- Factors such as the increasing awareness of the usage of feed additives and the demand for meat and livestock are expected to drive the African feed enzymes market's growth. It is expected to record a CAGR of 4.1% during the forecast period as enzymatic action increases the amount of cereal absorbed in an animal body, particularly when cereal prices are high.
- The African feed enzymes market experienced moderate growth of 6.0% during 2017-2022, with a share by value of approximately 3.7% in the global feed additives market. However, the region faced a sudden dip in 2019 due to the collapsed GDP growth of major countries, such as South Africa, leading to reduced consumer spending power and decreased feed production.
- Despite the setback, South Africa remained the largest country-wise segment in the African feed enzymes market, accounting for around USD 29.5 million in 2022, followed by Egypt with USD 11.1 million. Poultry birds were the largest consumers of feed enzymes, accounting for a 55.7% share by value in 2022, while ruminants, swine, and aquaculture accounted for shares of 32.2%, 7.5%, and 3.5%, respectively. Due to the growing demand for pork, the swine feed enzymes market is expected to grow at the fastest rate, with a CAGR of 4.9% during the forecast period (2023-2029).
- In 2022, the African region produced approximately 131 million metric ton of compound feed for all animal types, with South Africa accounting for more than 29% of the share. In 2021, South Africa held more than an 8% share of the poultry bird segment in the African region.
- The rising demand for meat and increasing awareness of healthy animal diets are driving the growth of feed enzyme consumption in the region. As a result, the African region of the global feed enzyme market is projected to record a CAGR of 4.1% between 2023 and 2029, providing ample opportunities for key players to expand their business in the African feed enzymes market.
Africa Feed Enzymes Industry Segmentation
Carbohydrases, Phytases are covered as segments by Sub Additive. Aquaculture, Poultry, Ruminants, Swine are covered as segments by Animal. Egypt, Kenya, South Africa are covered as segments by Country.
- The African feed enzymes market showed slow growth in recent years, accounting for only 3.8% of the total feed additives market in 2022. However, South Africa emerged as a dominant player in the region, accounting for 47.4% of the market share due to its significant feed production of 11 million metric tons in 2022.
- Although the market witnessed a decline of 28% in 2019 due to reduced feed production as a result of Avian flu and ASF outbreaks, carbohydrases emerged as a significant feed enzyme in the market due to their ability to increase the intake of protein, minerals, and lipids from animal feed. The carbohydrases segment accounted for 50% of the feed enzymes market in 2022.
- Among animal types, poultry birds are the largest segment of the feed carbohydrases segment, accounting for 57.9% of the market share in 2022, as carbohydrases aid in the digestion of non-soluble polysaccharides.
- South Africa is the fastest-growing country in Africa, and it is expected to register a CAGR of 4.7% during the forecast period (2023-2029). However, both carbohydrases and phytases are growing at an equal rate in the region and are expected to record a CAGR of 4.1% each during the forecast period.
- Factors such as the increasing awareness of the usage of feed additives and the demand for meat and livestock are expected to drive the African feed enzymes market's growth. It is expected to record a CAGR of 4.1% during the forecast period as enzymatic action increases the amount of cereal absorbed in an animal body, particularly when cereal prices are high.
| Sub Additive | |
| Carbohydrases | |
| Phytases | |
| Other Enzymes |
| Animal | |||||||
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| Swine | |||||||
| Other Animals |
| Country | |
| Egypt | |
| Kenya | |
| South Africa | |
| Rest of Africa |
Africa Feed Enzymes Market Size Summary
The Africa Feed Enzymes Market is experiencing a gradual expansion, driven by increasing awareness of feed additives and the rising demand for meat and livestock. South Africa stands out as a key player in the region, significantly contributing to the market's growth due to its substantial feed production. The market is characterized by a diverse range of feed enzymes, with carbohydrases playing a pivotal role in enhancing the nutritional value of animal feed by improving the absorption of proteins, minerals, and lipids. Poultry, particularly broilers, dominate the feed enzymes consumption, reflecting the growing demand for poultry meat and eggs across the continent. Despite past challenges, such as disease outbreaks and economic downturns, the market is poised for steady growth, supported by investments in poultry farming and the adoption of advanced feed technologies.
The African feed enzymes market is also witnessing a notable shift towards aquaculture, with increased investments and the adoption of high-quality extruded feeds driving production. Countries like Egypt are spearheading initiatives to boost fish production, further stimulating the demand for feed enzymes. The market remains fragmented, with major players like Adisseo, Archer Daniel Midland Co., DSM Nutritional Products AG, Elanco Animal Health Inc., and IFF(Danisco Animal Nutrition) holding significant shares. Recent developments, such as the introduction of innovative enzyme products and strategic partnerships, are expected to enhance the market's growth trajectory. As the region continues to expand its poultry and aquaculture industries, the feed enzymes market is anticipated to benefit from the growing need for efficient and sustainable animal nutrition solutions.
Africa Feed Enzymes Market Size - Table of Contents
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1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
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1.1 Sub Additive
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1.1.1 Carbohydrases
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1.1.2 Phytases
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1.1.3 Other Enzymes
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1.2 Animal
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1.2.1 Aquaculture
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1.2.1.1 By Sub Animal
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1.2.1.1.1 Fish
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1.2.1.1.2 Shrimp
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1.2.1.1.3 Other Aquaculture Species
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1.2.2 Poultry
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1.2.2.1 By Sub Animal
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1.2.2.1.1 Broiler
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1.2.2.1.2 Layer
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1.2.2.1.3 Other Poultry Birds
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1.2.3 Ruminants
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1.2.3.1 By Sub Animal
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1.2.3.1.1 Beef Cattle
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1.2.3.1.2 Dairy Cattle
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1.2.3.1.3 Other Ruminants
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1.2.4 Swine
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1.2.5 Other Animals
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1.3 Country
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1.3.1 Egypt
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1.3.2 Kenya
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1.3.3 South Africa
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1.3.4 Rest of Africa
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Africa Feed Enzymes Market Size FAQs
How big is the Africa Feed Enzymes Market?
The Africa Feed Enzymes Market size is expected to reach USD 67.31 million in 2024 and grow at a CAGR of 4.09% to reach USD 82.23 million by 2029.
What is the current Africa Feed Enzymes Market size?
In 2024, the Africa Feed Enzymes Market size is expected to reach USD 67.31 million.
