Europe Feed Enzymes Market Size
| Icons | Lable | Value |
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 315.80 Million |
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Market Size (2029) | USD 394.26 Million |
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Largest Share by Sub Additive | Carbohydrases |
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CAGR (2024 - 2029) | 4.54 % |
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Largest Share by Country | Spain |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Europe Feed Enzymes Market Analysis
The Europe Feed Enzymes Market size is estimated at 315.80 million USD in 2024, and is expected to reach 394.26 million USD by 2029, growing at a CAGR of 4.54% during the forecast period (2024-2029).
315.80 Million
Market Size in 2024 (USD)
394.26 Million
Market Size in 2029 (USD)
2.44 %
CAGR (2017-2023)
4.54 %
CAGR (2024-2029)
Largest Market by Sub-Additive
46.18 %
value share, Carbohydrases, 2023
Carbohydrases is the largest segment due to increased feed production. They also help in reducing animal feed costs due to their capacity to boost energy and digest starch.
Largest Market by Country
15.36 %
value share, Spain, 2023
Spain is the largest country in the region due to the extensive usage of feed enzymes because of a high livestock population and compound feed production.
Fastest-growing Market by Sub-Additive
4.57 %
Projected CAGR, Carbohydrases, 2024-2029
Increased feed production and the ability to boost energy by breaking fat and protein and digesting starch helped carbohydrases be the fastest-growing segment.
Fastest-growing Market by Country
5.27 %
Projected CAGR, United Kingdom, 2024-2029
The United Kingdom is the fastest-growing market due to the increase in the country's meat and dairy consumption demand and feed production.
Leading Market Player
15.98 %
market share, DSM Nutritional Products AG, 2022
DSM is the market leader as it expanded its product portfolio by expanding its research facility in Austria and forming a partnership with Novozymes AS to launch new products.
- The enzyme segment held a share of 3.8% in the European feed additives market in 2022. Enzymes play a crucial role in many metabolic reactions, including the breakdown of starch, protein, and fat, in the animal body, leading to their widespread usage in animal feed.
- Carbohydrases are the largest segment of the feed enzymes market in Europe, accounting for USD 133.6 million in 2022. They are projected to grow further, registering a CAGR of 4.6% during the forecast period. These enzymes are crucial in reducing the cost of animal feed due to their ability to boost energy and digest starch, releasing the molecules that make up an animal's usable source of energy.
- In 2022, poultry birds were the largest animal type segment in the region, accounting for 34.8% of the market share value in the European feed enzymes market, followed by swine (32.3%) and ruminants (29.1%). The higher usage of feed enzymes in poultry birds is due to their high consumption of cereals with high non-starch polysaccharide content, which requires enzymes for digestion.
- Phytases are the second-largest segment in the feed enzymes market, accounting for a market value of USD 96.4 million in 2022. The increasing demand for animal protein and the benefits of enzymes are driving the market in a positive trend.
- Spain was the largest country in the European feed enzymes market in 2022, with a share of 15.3%. This high share is attributed to the country's high feed production of 31.8 million metric ton in 2022, reflecting an increase of 0.8% from 2020.
- Owing to the increased feed production and the importance of feed enzymes in animal nutrition, the feed enzymes market in Europe is anticipated to grow, registering a CAGR of 4.5% during the forecast period.
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- The demand for feed enzymes in Europe is expected to rise significantly in the coming years due to their crucial role in animal metabolism and digestion. In 2022, feed enzymes accounted for 3.8%, by value, and 2.1%, by volume, of the European feed additive market.
- Spain is the largest feed enzyme consumer in Europe, and it had a market value of USD 44.3 million in 2022. This value is expected to increase to USD 61.5 million by 2029, while recording a CAGR of 4.8%. The extensive usage of feed enzymes in Spain is mainly due to the high livestock population and compound feed production in the country. For instance, the total swine feed production in the country increased by 1.9% from 2017 to 2022.
- Germany is the second-largest feed enzymes market in Europe, and it is expected to record a CAGR of 4.2% during the forecast period. The market is projected to reach a value of USD 58.7 million by 2029, rising from USD 44.1 million in 2022. Carbohydrases and phytases are the most extensively consumed feed enzymes in Germany, and they had market shares of 47.0% and 33.3%, by value, in 2022, respectively.
- The United Kingdom is the fastest-growing feed enzymes market in the region. Its market value was USD 29.6 million in 2022, and it is expected to record a CAGR of 5.2% during the forecast period. This growth is associated with the increased livestock population in the country, particularly the poultry population, which increased by 8.5% between 2017 and 2022.
- Overall, the total feed production in Europe increased by 1.9% from 2017 to 2022, indicating an increased animal population. Consequently, the European feed enzymes market is anticipated to register a CAGR of 4.5% during the forecast period, driven by increased feed production and animal population.
Europe Feed Enzymes Market Trends
Europe is 3rd largest exporter of poultry meat and broiler meat production accounted for 82.6% of poultry meat production which is expected to drive the demand for poultry production
- Europe is a prominent global poultry meat producer and exporter, with an estimated annual poultry meat production of approximately 13.4 million metric ton in 2021. Despite being the second most-consumed meat in the region, at 26.9 kg per capita per year, poultry production in Europe has not kept pace with rising global demand. The largest poultry meat producers in Europe include Poland (accounting for 19.2% of production, or 2.5 million metric ton), France (12.5%, or 1.6 million metric ton), Spain (12.3%), Germany (12%), and Italy (10.4%).
- In the European Union, broiler meat production constituted the majority (82.6%) of total poultry meat production in 2021, followed by duck meat at 3.3%. Europe's poultry flock accounted for approximately 2.45 billion birds in 2021, with Russia, France, the Netherlands, Ukraine, Poland, and the United Kingdom collectively comprising more than 50% of the population. The laying hen's segment is experiencing growth across Europe due to increased egg consumption, which rose to 6,135 thousand metric ton in 2021 from 5,864 metric ton in 2017.
- As the fourth-largest importer and the third-largest exporter of poultry meat, Europe is a significant participant in the global poultry meat market. In 2021, the European Union exported roughly 2,252 thousand metric ton (carcass weight) of poultry meat to a variety of countries, including the United Kingdom, Ghana, and Ukraine. Overall, the rising production of poultry birds, increasing demand for poultry products, and growing consumption of eggs are expected to be key drivers of market growth in Europe.
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High demand for fish feed which accounted for 82% and surge in seafood imports had a negative impact on compound feed for aquaculture
- In 2022, Europe held a significant share of 8.0% in the global aquaculture compound feed production, with a production volume of 4.5 million metric ton. The compounded feed production experienced a notable increase of 15% between 2018-2022, driven by the growing demand for nutrient-balanced feed to reduce the risk of disease and improve feed efficiency. However, aquaculture feed production observed a decline of 21.2% in 2018, influenced by the surge in seafood imports and the relatively low prices of imported seafood, impacting the compound feed market in 2018.
- The major aqua feed producers in Europe are Turkey, the United Kingdom, the Netherlands, Spain, Italy, and France, with the region producing 17.4 million metric ton of aquaculture species in 2021, indicating a growth of 1.7% since 2018. The growth is attributed to the rise in population and per capita consumption of seafood, which is driving aquaculture production in the region. This is propelling the demand for compound feed, which is expected to increase by 18.2% during the forecast period (2023-2029).
- Fish feed dominates the aqua feed production market, accounting for an 82% share in 2022, followed by shrimp feed and other aquatic species feed, with shares of 4.3% and 13.7%, respectively, in the region. Fish food is the most-consumed aquatic food across the region, and it is produced more than other aquatic species. The expanding aquaculture sector, driven by the rising demand for seafood and aquaculture products and the growing awareness regarding quality meat, is augmenting the growth of the market studied.
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Europe's diary sector is witnessing growth and beef meat is the third largest meat consumed in the region which is contributing to the growth of ruminants population
- Avian influenza outbreak and Russia- Ukraine war had negative impact on feed production but growth in poultry population has increased the demand for poultry feed
- African swine fever (ASF) epidemic in the eastern EU countries and high cost of grains had a negative impact during 2020-2021 and increasing swine population will increase the demand for producing swine feed
- Spain's pig population was 24.3% of the Europe's pig population and government support in Hungary for rearing is further helping in increasing the demand for swine
- Government funding and lower financial risks are helping in increasing the production of ruminants feed but animal welfare policies and increasing utility costs are restrains for region
Europe Feed Enzymes Industry Overview
The Europe Feed Enzymes Market is moderately consolidated, with the top five companies occupying 44.93%. The major players in this market are Archer Daniel Midland Co., BASF SE, Brenntag SE, DSM Nutritional Products AG and IFF(Danisco Animal Nutrition) (sorted alphabetically).
Europe Feed Enzymes Market Leaders
Archer Daniel Midland Co.
BASF SE
Brenntag SE
DSM Nutritional Products AG
IFF(Danisco Animal Nutrition)
Other important companies include Adisseo, Alltech, Inc., Cargill Inc., Elanco Animal Health Inc., Kemin Industries.
*Disclaimer: Major Players sorted in alphabetical order.
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Europe Feed Enzymes Market News
- July 2022: Cargill has extended its partnership with Innovafeed to provide aquafarmers with innovative and nutritious ingredients, including additives.
- January 2022: Hiphorius is a new generation of phytase introduced by the DSM-Novozymes alliance. It is a comprehensive phytase solution created to assist poultry producers in achieving lucrative and sustainable protein output.
- December 2021: BASF and Cargill extended their animal nutrition partnership by introducing additional markets, research and development capabilities, and feed enzymes distribution agreements.
Free with this Report
We provide a complimentary and exhaustive set of data points on regional and country-level metrics that present the fundamental structure of the industry. Presented in the form of 35+ free charts, the section covers difficult-to-find data of various regions on feed production through various animal categories such as Ruminants, Poultry, Swine, and Aquaculture.
Europe Feed Enzymes Market Report - Table of Contents
1. EXECUTIVE SUMMARY & KEY FINDINGS
2. REPORT OFFERS
3. INTRODUCTION
- 3.1 Study Assumptions & Market Definition
- 3.2 Scope of the Study
- 3.3 Research Methodology
4. KEY INDUSTRY TRENDS
-
4.1 Animal Headcount
- 4.1.1 Poultry
- 4.1.2 Ruminants
- 4.1.3 Swine
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4.2 Feed Production
- 4.2.1 Aquaculture
- 4.2.2 Poultry
- 4.2.3 Ruminants
- 4.2.4 Swine
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4.3 Regulatory Framework
- 4.3.1 France
- 4.3.2 Germany
- 4.3.3 Italy
- 4.3.4 Netherlands
- 4.3.5 Russia
- 4.3.6 Spain
- 4.3.7 Turkey
- 4.3.8 United Kingdom
- 4.4 Value Chain & Distribution Channel Analysis
5. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
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5.1 Sub Additive
- 5.1.1 Carbohydrases
- 5.1.2 Phytases
- 5.1.3 Other Enzymes
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5.2 Animal
- 5.2.1 Aquaculture
- 5.2.1.1 By Sub Animal
- 5.2.1.1.1 Fish
- 5.2.1.1.2 Shrimp
- 5.2.1.1.3 Other Aquaculture Species
- 5.2.2 Poultry
- 5.2.2.1 By Sub Animal
- 5.2.2.1.1 Broiler
- 5.2.2.1.2 Layer
- 5.2.2.1.3 Other Poultry Birds
- 5.2.3 Ruminants
- 5.2.3.1 By Sub Animal
- 5.2.3.1.1 Beef Cattle
- 5.2.3.1.2 Dairy Cattle
- 5.2.3.1.3 Other Ruminants
- 5.2.4 Swine
- 5.2.5 Other Animals
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5.3 Country
- 5.3.1 France
- 5.3.2 Germany
- 5.3.3 Italy
- 5.3.4 Netherlands
- 5.3.5 Russia
- 5.3.6 Spain
- 5.3.7 Turkey
- 5.3.8 United Kingdom
- 5.3.9 Rest of Europe
6. COMPETITIVE LANDSCAPE
- 6.1 Key Strategic Moves
- 6.2 Market Share Analysis
- 6.3 Company Landscape
-
6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).
- 6.4.1 Adisseo
- 6.4.2 Alltech, Inc.
- 6.4.3 Archer Daniel Midland Co.
- 6.4.4 BASF SE
- 6.4.5 Brenntag SE
- 6.4.6 Cargill Inc.
- 6.4.7 DSM Nutritional Products AG
- 6.4.8 Elanco Animal Health Inc.
- 6.4.9 IFF(Danisco Animal Nutrition)
- 6.4.10 Kemin Industries
7. KEY STRATEGIC QUESTIONS FOR FEED ADDITIVE CEOS
8. APPENDIX
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8.1 Global Overview
- 8.1.1 Overview
- 8.1.2 Porter’s Five Forces Framework
- 8.1.3 Global Value Chain Analysis
- 8.1.4 Global Market Size and DROs
- 8.2 Sources & References
- 8.3 List of Tables & Figures
- 8.4 Primary Insights
- 8.5 Data Pack
- 8.6 Glossary of Terms
List of Tables & Figures
- Figure 1:
- POPULATION OF POULTRY, NUMBER, EUROPE, 2017-2022
- Figure 2:
- POPULATION OF RUMINANTS, NUMBER, EUROPE, 2017-2022
- Figure 3:
- POPULATION OF SWINE, NUMBER, EUROPE, 2017-2022
- Figure 4:
- PRODUCTION VOLUME OF AQUACULTURE FEED, METRIC TON, EUROPE, 2017-2022
- Figure 5:
- PRODUCTION VOLUME OF POULTRY FEED, METRIC TON, EUROPE, 2017-2022
- Figure 6:
- PRODUCTION VOLUME OF RUMINANTS FEED, METRIC TON, EUROPE, 2017-2022
- Figure 7:
- PRODUCTION VOLUME OF SWINE FEED, METRIC TON, EUROPE, 2017-2022
- Figure 8:
- VOLUME OF FEED ENZYMES, METRIC TON, EUROPE, 2017 - 2029
- Figure 9:
- VALUE OF FEED ENZYMES, USD, EUROPE, 2017 - 2029
- Figure 10:
- VOLUME OF FEED ENZYMES BY SUB ADDITIVE CATEGORIES, METRIC TON, EUROPE, 2017 - 2029
- Figure 11:
- VALUE OF FEED ENZYMES BY SUB ADDITIVE CATEGORIES, USD, EUROPE, 2017 - 2029
- Figure 12:
- VOLUME SHARE OF FEED ENZYMES BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2017,2023 AND 2029
- Figure 13:
- VALUE SHARE OF FEED ENZYMES BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2017,2023 AND 2029
- Figure 14:
- VOLUME OF CARBOHYDRASES FEED ENZYMES, METRIC TON, EUROPE, 2017 - 2029
- Figure 15:
- VALUE OF CARBOHYDRASES FEED ENZYMES, USD, EUROPE, 2017 - 2029
- Figure 16:
- VALUE SHARE OF CARBOHYDRASES FEED ENZYMES BY ANIMAL TYPE, %, EUROPE, 2022 AND 2029
- Figure 17:
- VOLUME OF PHYTASES FEED ENZYMES, METRIC TON, EUROPE, 2017 - 2029
- Figure 18:
- VALUE OF PHYTASES FEED ENZYMES, USD, EUROPE, 2017 - 2029
- Figure 19:
- VALUE SHARE OF PHYTASES FEED ENZYMES BY ANIMAL TYPE, %, EUROPE, 2022 AND 2029
- Figure 20:
- VOLUME OF OTHER ENZYMES FEED ENZYMES, METRIC TON, EUROPE, 2017 - 2029
- Figure 21:
- VALUE OF OTHER ENZYMES FEED ENZYMES, USD, EUROPE, 2017 - 2029
- Figure 22:
- VALUE SHARE OF OTHER ENZYMES FEED ENZYMES BY ANIMAL TYPE, %, EUROPE, 2022 AND 2029
- Figure 23:
- VOLUME OF FEED ENZYMES BY ANIMAL TYPE, METRIC TON, EUROPE, 2017 - 2029
- Figure 24:
- VALUE OF FEED ENZYMES BY ANIMAL TYPE, USD, EUROPE, 2017 - 2029
- Figure 25:
- VOLUME SHARE OF FEED ENZYMES BY ANIMAL TYPE, %, EUROPE, 2017,2023 AND 2029
- Figure 26:
- VALUE SHARE OF FEED ENZYMES BY ANIMAL TYPE, %, EUROPE, 2017,2023 AND 2029
- Figure 27:
- VOLUME OF AQUACULTURE FEED ENZYMES BY SUB ANIMAL TYPE, METRIC TON, EUROPE, 2017 - 2029
- Figure 28:
- VALUE OF AQUACULTURE FEED ENZYMES BY SUB ANIMAL TYPE, USD, EUROPE, 2017 - 2029
- Figure 29:
- VOLUME SHARE OF AQUACULTURE FEED ENZYMES BY SUB ANIMAL TYPE, %, EUROPE, 2017,2023 AND 2029
- Figure 30:
- VALUE SHARE OF AQUACULTURE FEED ENZYMES BY SUB ANIMAL TYPE, %, EUROPE, 2017,2023 AND 2029
- Figure 31:
- VOLUME OF FISH FEED ENZYMES, METRIC TON, EUROPE, 2017 - 2029
- Figure 32:
- VALUE OF FISH FEED ENZYMES, USD, EUROPE, 2017 - 2029
- Figure 33:
- VALUE SHARE OF FISH FEED ENZYMES BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 34:
- VOLUME OF SHRIMP FEED ENZYMES, METRIC TON, EUROPE, 2017 - 2029
- Figure 35:
- VALUE OF SHRIMP FEED ENZYMES, USD, EUROPE, 2017 - 2029
- Figure 36:
- VALUE SHARE OF SHRIMP FEED ENZYMES BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 37:
- VOLUME OF OTHER AQUACULTURE SPECIES FEED ENZYMES, METRIC TON, EUROPE, 2017 - 2029
- Figure 38:
- VALUE OF OTHER AQUACULTURE SPECIES FEED ENZYMES, USD, EUROPE, 2017 - 2029
- Figure 39:
- VALUE SHARE OF OTHER AQUACULTURE SPECIES FEED ENZYMES BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 40:
- VOLUME OF POULTRY FEED ENZYMES BY SUB ANIMAL TYPE, METRIC TON, EUROPE, 2017 - 2029
- Figure 41:
- VALUE OF POULTRY FEED ENZYMES BY SUB ANIMAL TYPE, USD, EUROPE, 2017 - 2029
- Figure 42:
- VOLUME SHARE OF POULTRY FEED ENZYMES BY SUB ANIMAL TYPE, %, EUROPE, 2017,2023 AND 2029
- Figure 43:
- VALUE SHARE OF POULTRY FEED ENZYMES BY SUB ANIMAL TYPE, %, EUROPE, 2017,2023 AND 2029
- Figure 44:
- VOLUME OF BROILER FEED ENZYMES, METRIC TON, EUROPE, 2017 - 2029
- Figure 45:
- VALUE OF BROILER FEED ENZYMES, USD, EUROPE, 2017 - 2029
- Figure 46:
- VALUE SHARE OF BROILER FEED ENZYMES BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 47:
- VOLUME OF LAYER FEED ENZYMES, METRIC TON, EUROPE, 2017 - 2029
- Figure 48:
- VALUE OF LAYER FEED ENZYMES, USD, EUROPE, 2017 - 2029
- Figure 49:
- VALUE SHARE OF LAYER FEED ENZYMES BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 50:
- VOLUME OF OTHER POULTRY BIRDS FEED ENZYMES, METRIC TON, EUROPE, 2017 - 2029
- Figure 51:
- VALUE OF OTHER POULTRY BIRDS FEED ENZYMES, USD, EUROPE, 2017 - 2029
- Figure 52:
- VALUE SHARE OF OTHER POULTRY BIRDS FEED ENZYMES BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 53:
- VOLUME OF RUMINANTS FEED ENZYMES BY SUB ANIMAL TYPE, METRIC TON, EUROPE, 2017 - 2029
- Figure 54:
- VALUE OF RUMINANTS FEED ENZYMES BY SUB ANIMAL TYPE, USD, EUROPE, 2017 - 2029
- Figure 55:
- VOLUME SHARE OF RUMINANTS FEED ENZYMES BY SUB ANIMAL TYPE, %, EUROPE, 2017,2023 AND 2029
- Figure 56:
- VALUE SHARE OF RUMINANTS FEED ENZYMES BY SUB ANIMAL TYPE, %, EUROPE, 2017,2023 AND 2029
- Figure 57:
- VOLUME OF BEEF CATTLE FEED ENZYMES, METRIC TON, EUROPE, 2017 - 2029
- Figure 58:
- VALUE OF BEEF CATTLE FEED ENZYMES, USD, EUROPE, 2017 - 2029
- Figure 59:
- VALUE SHARE OF BEEF CATTLE FEED ENZYMES BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 60:
- VOLUME OF DAIRY CATTLE FEED ENZYMES, METRIC TON, EUROPE, 2017 - 2029
- Figure 61:
- VALUE OF DAIRY CATTLE FEED ENZYMES, USD, EUROPE, 2017 - 2029
- Figure 62:
- VALUE SHARE OF DAIRY CATTLE FEED ENZYMES BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 63:
- VOLUME OF OTHER RUMINANTS FEED ENZYMES, METRIC TON, EUROPE, 2017 - 2029
- Figure 64:
- VALUE OF OTHER RUMINANTS FEED ENZYMES, USD, EUROPE, 2017 - 2029
- Figure 65:
- VALUE SHARE OF OTHER RUMINANTS FEED ENZYMES BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 66:
- VOLUME OF SWINE FEED ENZYMES, METRIC TON, EUROPE, 2017 - 2029
- Figure 67:
- VALUE OF SWINE FEED ENZYMES, USD, EUROPE, 2017 - 2029
- Figure 68:
- VALUE SHARE OF SWINE FEED ENZYMES BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 69:
- VOLUME OF OTHER ANIMALS FEED ENZYMES, METRIC TON, EUROPE, 2017 - 2029
- Figure 70:
- VALUE OF OTHER ANIMALS FEED ENZYMES, USD, EUROPE, 2017 - 2029
- Figure 71:
- VALUE SHARE OF OTHER ANIMALS FEED ENZYMES BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 72:
- VOLUME OF FEED ENZYMES BY COUNTRY, METRIC TON, EUROPE, 2017 - 2029
- Figure 73:
- VALUE OF FEED ENZYMES BY COUNTRY, USD, EUROPE, 2017 - 2029
- Figure 74:
- VOLUME SHARE OF FEED ENZYMES BY COUNTRY, %, EUROPE, 2017,2023 AND 2029
- Figure 75:
- VALUE SHARE OF FEED ENZYMES BY COUNTRY, %, EUROPE, 2017,2023 AND 2029
- Figure 76:
- VOLUME OF FRANCE FEED ENZYMES, METRIC TON, EUROPE, 2017 - 2029
- Figure 77:
- VALUE OF FRANCE FEED ENZYMES, USD, EUROPE, 2017 - 2029
- Figure 78:
- VALUE SHARE OF FRANCE FEED ENZYMES BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 79:
- VOLUME OF GERMANY FEED ENZYMES, METRIC TON, EUROPE, 2017 - 2029
- Figure 80:
- VALUE OF GERMANY FEED ENZYMES, USD, EUROPE, 2017 - 2029
- Figure 81:
- VALUE SHARE OF GERMANY FEED ENZYMES BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 82:
- VOLUME OF ITALY FEED ENZYMES, METRIC TON, EUROPE, 2017 - 2029
- Figure 83:
- VALUE OF ITALY FEED ENZYMES, USD, EUROPE, 2017 - 2029
- Figure 84:
- VALUE SHARE OF ITALY FEED ENZYMES BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 85:
- VOLUME OF NETHERLANDS FEED ENZYMES, METRIC TON, EUROPE, 2017 - 2029
- Figure 86:
- VALUE OF NETHERLANDS FEED ENZYMES, USD, EUROPE, 2017 - 2029
- Figure 87:
- VALUE SHARE OF NETHERLANDS FEED ENZYMES BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 88:
- VOLUME OF RUSSIA FEED ENZYMES, METRIC TON, EUROPE, 2017 - 2029
- Figure 89:
- VALUE OF RUSSIA FEED ENZYMES, USD, EUROPE, 2017 - 2029
- Figure 90:
- VALUE SHARE OF RUSSIA FEED ENZYMES BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 91:
- VOLUME OF SPAIN FEED ENZYMES, METRIC TON, EUROPE, 2017 - 2029
- Figure 92:
- VALUE OF SPAIN FEED ENZYMES, USD, EUROPE, 2017 - 2029
- Figure 93:
- VALUE SHARE OF SPAIN FEED ENZYMES BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 94:
- VOLUME OF TURKEY FEED ENZYMES, METRIC TON, EUROPE, 2017 - 2029
- Figure 95:
- VALUE OF TURKEY FEED ENZYMES, USD, EUROPE, 2017 - 2029
- Figure 96:
- VALUE SHARE OF TURKEY FEED ENZYMES BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 97:
- VOLUME OF UNITED KINGDOM FEED ENZYMES, METRIC TON, EUROPE, 2017 - 2029
- Figure 98:
- VALUE OF UNITED KINGDOM FEED ENZYMES, USD, EUROPE, 2017 - 2029
- Figure 99:
- VALUE SHARE OF UNITED KINGDOM FEED ENZYMES BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 100:
- VOLUME OF REST OF EUROPE FEED ENZYMES, METRIC TON, EUROPE, 2017 - 2029
- Figure 101:
- VALUE OF REST OF EUROPE FEED ENZYMES, USD, EUROPE, 2017 - 2029
- Figure 102:
- VALUE SHARE OF REST OF EUROPE FEED ENZYMES BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 103:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, EUROPE, 2017 - 2023
- Figure 104:
- MOST ADOPTED STRATEGIES, COUNT, EUROPE, 2017 - 2023
- Figure 105:
- VALUE SHARE OF MAJOR PLAYERS, %, EUROPE, 2022
Europe Feed Enzymes Industry Segmentation
Carbohydrases, Phytases are covered as segments by Sub Additive. Aquaculture, Poultry, Ruminants, Swine are covered as segments by Animal. France, Germany, Italy, Netherlands, Russia, Spain, Turkey, United Kingdom are covered as segments by Country.
- The enzyme segment held a share of 3.8% in the European feed additives market in 2022. Enzymes play a crucial role in many metabolic reactions, including the breakdown of starch, protein, and fat, in the animal body, leading to their widespread usage in animal feed.
- Carbohydrases are the largest segment of the feed enzymes market in Europe, accounting for USD 133.6 million in 2022. They are projected to grow further, registering a CAGR of 4.6% during the forecast period. These enzymes are crucial in reducing the cost of animal feed due to their ability to boost energy and digest starch, releasing the molecules that make up an animal's usable source of energy.
- In 2022, poultry birds were the largest animal type segment in the region, accounting for 34.8% of the market share value in the European feed enzymes market, followed by swine (32.3%) and ruminants (29.1%). The higher usage of feed enzymes in poultry birds is due to their high consumption of cereals with high non-starch polysaccharide content, which requires enzymes for digestion.
- Phytases are the second-largest segment in the feed enzymes market, accounting for a market value of USD 96.4 million in 2022. The increasing demand for animal protein and the benefits of enzymes are driving the market in a positive trend.
- Spain was the largest country in the European feed enzymes market in 2022, with a share of 15.3%. This high share is attributed to the country's high feed production of 31.8 million metric ton in 2022, reflecting an increase of 0.8% from 2020.
- Owing to the increased feed production and the importance of feed enzymes in animal nutrition, the feed enzymes market in Europe is anticipated to grow, registering a CAGR of 4.5% during the forecast period.
| Sub Additive | Carbohydrases | ||
| Phytases | |||
| Other Enzymes | |||
| Animal | Aquaculture | By Sub Animal | Fish |
| Shrimp | |||
| Other Aquaculture Species | |||
| Animal | Poultry | By Sub Animal | Broiler |
| Layer | |||
| Other Poultry Birds | |||
| Animal | Ruminants | By Sub Animal | Beef Cattle |
| Dairy Cattle | |||
| Other Ruminants | |||
| Animal | Swine | ||
| Other Animals | |||
| Country | France | ||
| Germany | |||
| Italy | |||
| Netherlands | |||
| Russia | |||
| Spain | |||
| Turkey | |||
| United Kingdom | |||
| Rest of Europe |
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Market Definition
- FUNCTIONS - For the study, feed additives are considered to be commercially manufactured products that are used to enhance characteristics such as weight gain, feed conversion ratio, and feed intake when fed in appropriate proportions.
- RESELLERS - Companies engaged in reselling feed additives without value addition have been excluded from the market scope, to avoid double counting.
- END CONSUMERS - Compound feed manufacturers are considered to be end-consumers in the market studied. The scope excludes farmers buying feed additives to be used directly as supplements or premixes.
- INTERNAL COMPANY CONSUMPTION - Companies engaged in the production of compound feed as well as the manufacturing of feed additives are part of the study. However, while estimating the market sizes, the internal consumption of feed additives by such companies has been excluded.
| Keyword | Definition |
|---|---|
| Feed additives | Feed additives are products used in animal nutrition for purposes of improving the quality of feed and the quality of food from animal origin, or to improve the animals’ performance and health. |
| Probiotics | Probiotics are microorganisms introduced into the body for their beneficial qualities. (It maintains or restores beneficial bacteria to the gut). |
| Antibiotics | Antibiotic is a drug that is specifically used to inhibit the growth of bacteria. |
| Prebiotics | A non-digestible food ingredient that promotes the growth of beneficial microorganisms in the intestines. |
| Antioxidants | Antioxidants are compounds that inhibit oxidation, a chemical reaction that produces free radicals. |
| Phytogenics | Phytogenics are a group of natural and non-antibiotic growth promoters derived from herbs, spices, essential oils, and oleoresins. |
| Vitamins | Vitamins are organic compounds, which are required for normal growth and maintenance of the body. |
| Metabolism | A chemical process that occurs within a living organism in order to maintain life. |
| Amino acids | Amino acids are the building blocks of proteins and play an important role in metabolic pathways. |
| Enzymes | Enzyme is a substance that acts as a catalyst to bring about a specific biochemical reaction. |
| Anti-microbial resistance | The ability of a microorganism to resist the effects of an antimicrobial agent. |
| Anti-microbial | Destroying or inhibiting the growth of microorganisms. |
| Osmotic balance | It is a process of maintaining salt and water balance across membranes within the body's fluids. |
| Bacteriocin | Bacteriocins are the toxins produced by bacteria to inhibit the growth of similar or closely related bacterial strains. |
| Biohydrogenation | It is a process that occurs in the rumen of an animal in which bacteria convert unsaturated fatty acids (USFA) to saturated fatty acids (SFA). |
| Oxidative rancidity | It is a reaction of fatty acids with oxygen, which generally causes unpleasant odors in animals. To prevent these, antioxidants were added. |
| Mycotoxicosis | Any condition or disease caused by fungal toxins, mainly due to contamination of animal feed with mycotoxins. |
| Mycotoxins | Mycotoxins are toxin compounds that are naturally produced by certain types of molds (fungi). |
| Feed Probiotics | Microbial feed supplements positively affect gastrointestinal microbial balance. |
| Probiotic yeast | Feed yeast (single-cell fungi) and other fungi used as probiotics. |
| Feed enzymes | They are used to supplement digestive enzymes in an animal’s stomach to break down food. Enzymes also ensure that meat and egg production is improved. |
| Mycotoxin detoxifiers | They are used to prevent fungal growth and to stop any harmful mold from being absorbed in the gut and blood. |
| Feed antibiotics | They are used both for the prevention and treatment of diseases but also for rapid growth and development. |
| Feed antioxidants | They are used to protect the deterioration of other feed nutrients in the feed such as fats, vitamins, pigments, and flavoring agents, thus providing nutrient security to the animals. |
| Feed phytogenics | Phytogenics are natural substances, added to livestock feed to promote growth, aid in digestion, and act as anti-microbial agents. |
| Feed vitamins | They are used to maintain the normal physiological function and normal growth and development of animals. |
| Feed flavors and sweetners | These flavors and sweeteners help to mask tastes and odors during changes in additives or medications and make them ideal for animal diets undergoing transition. |
| Feed acidifiers | Animal feed acidifiers are organic acids incorporated into the feed for nutritional or preservative purposes. Acidifiers enhance congestion and microbiological balance in the alimentary and digestive tracts of livestock. |
| Feed minerals | Feed minerals play an important role in the regular dietary requirements of animal feed. |
| Feed binders | Feed binders are the binding agents used in the manufacture of safe animal feed products. It enhances the taste of food and prolongs the storage period of the feed. |
| Key Terms | Abbreviation |
| LSDV | Lumpy Skin Disease Virus |
| ASF | African Swine Fever |
| GPA | Growth Promoter Antibiotics |
| NSP | Non-Starch Polysaccharides |
| PUFA | Polyunsaturated Fatty Acid |
| Afs | Aflatoxins |
| AGP | Antibiotic Growth Promoters |
| FAO | The Food And Agriculture Organization of the United Nations |
| USDA | The United States Department of Agriculture |
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Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: IDENTIFY KEY VARIABLES: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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