India Feed Enzymes Market Size

The India Feed Enzymes Market is experiencing growth driven by the increasing demand for animal feed, with carbohydrases holding the largest market share due to their essential role in animal digestion. The market's expansion is supported by the rising need for enzymes that enhance feed properties, contributing to improved animal productivity and overall market value. Carbohydrases, in particular, are witnessing rapid growth, reflecting the high carbohydrate requirements of various animal types, especially poultry. The market's trajectory indicates a steady increase in value, underscoring the importance of feed enzymes in the Indian agricultural sector.

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Market Size of india feed enzymes Industry

India Feed Enzymes Market Summary
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svg icon Study Period 2017 - 2029
svg icon Market Size (2024) USD 40.79 Million
svg icon Market Size (2029) USD 51.53 Million
svg icon Largest Share by Sub Additive Carbohydrases
svg icon CAGR (2024 - 2029) 4.79 %
svg icon Fastest Growing by Sub Additive Carbohydrases

Major Players

India Feed Enzymes Market Major Players

*Disclaimer: Major Players sorted in no particular order

Key Players

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India Feed Enzymes Market Analysis

The India Feed Enzymes Market size is estimated at 40.79 million USD in 2024, and is expected to reach 51.53 million USD by 2029, growing at a CAGR of 4.79% during the forecast period (2024-2029).

40.79 Million

Market Size in 2024 (USD)

51.53 Million

Market Size in 2029 (USD)

5.51 %

CAGR (2017-2023)

4.79 %

CAGR (2024-2029)

Largest Market by Sub-Additive

44.57 %

value share, Carbohydrases, 2023

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The carbohydrases segment is the largest in the market because of the higher consumption of and demand for carbohydrates by animals for effective digestion.

Largest Market by Animal

66.19 %

value share, Poultry, 2023

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Poultry is the largest segment, as poultry feed is largely produced due to high poultry production and the high demand for poultry meat and products.

Fastest-growing Market by Sub-Additive

5.38 %

Projected CAGR, Carbohydrases, 2024-2029

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The carbohydrases segment is the fastest-growing segment in the market due to the higher usage of and demand, as a large proportion of animal feed is carbohydrates.

Fastest-growing Market by Animal

4.84 %

Projected CAGR, Poultry, 2024-2029

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Poultry meat and eggs are easily available and economically affordable compared to other meats. Thus, the poultry sector is the fastest-growing segment.

Leading Market Player

13.57 %

market share, Adisseo, 2022

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Adisseo adopted the strategy of product innovations to introduce new products in the market. For instance, it introduced advanced enzymes, Rovabio Advance Phy.

  • In 2022, India was one of the leading countries in the Asia-Pacific feed enzymes market, accounting for 9.4%. Feed enzymes accounted for around 3.5% of the Indian feed additives market, valued at USD 37.2 million. The market value is increasing due to the rising demand for animal feed in the country.
  • Carbohydrases were the largest feed enzymes in terms of market value in 2022, accounting for 48.8% of the Indian total feed enzymes market. The larger share of carbohydrases was due to the higher consumption and requirement for carbohydrates by all animal types for proper digestion. Poultry birds were the largest animal type in India in terms of the market value of feed carbohydrases, accounting for 66.4% of the total carbohydrases feed market in 2022, followed by ruminants and aquaculture, which accounted for 27.4% and 5.2%, respectively.
  • Phytases are another important feed enzyme that helps in decreasing the fecal phosphorus level by increasing the absorption of phosphorus and increasing the availability of starch, protein, and amino acids in the animal body.
  • Carbohydrases were the country's fastest-growing feed enzymes, registering a CAGR of 5.4% during the forecast period. The higher growth rate was due to the increased use and demand for carbohydrases, as a large proportion of animal feed is carbohydrates.
  • In all animal types, one or many feed enzymes should be supplied through animal feed as enzymes enhance the properties of feedstuffs and animals, leading to overall revenues. The inclusion of enzymes in animal feed assists with the production of more meat per animal, and it is expected that the Indian feed enzymes market may register a CAGR of 4.8% during the forecast period.​
India Feed Enzymes Market

India Feed Enzymes Industry Segmentation

Carbohydrases, Phytases are covered as segments by Sub Additive. Aquaculture, Poultry, Ruminants, Swine are covered as segments by Animal.

  • In 2022, India was one of the leading countries in the Asia-Pacific feed enzymes market, accounting for 9.4%. Feed enzymes accounted for around 3.5% of the Indian feed additives market, valued at USD 37.2 million. The market value is increasing due to the rising demand for animal feed in the country.
  • Carbohydrases were the largest feed enzymes in terms of market value in 2022, accounting for 48.8% of the Indian total feed enzymes market. The larger share of carbohydrases was due to the higher consumption and requirement for carbohydrates by all animal types for proper digestion. Poultry birds were the largest animal type in India in terms of the market value of feed carbohydrases, accounting for 66.4% of the total carbohydrases feed market in 2022, followed by ruminants and aquaculture, which accounted for 27.4% and 5.2%, respectively.
  • Phytases are another important feed enzyme that helps in decreasing the fecal phosphorus level by increasing the absorption of phosphorus and increasing the availability of starch, protein, and amino acids in the animal body.
  • Carbohydrases were the country's fastest-growing feed enzymes, registering a CAGR of 5.4% during the forecast period. The higher growth rate was due to the increased use and demand for carbohydrases, as a large proportion of animal feed is carbohydrates.
  • In all animal types, one or many feed enzymes should be supplied through animal feed as enzymes enhance the properties of feedstuffs and animals, leading to overall revenues. The inclusion of enzymes in animal feed assists with the production of more meat per animal, and it is expected that the Indian feed enzymes market may register a CAGR of 4.8% during the forecast period.​
Sub Additive
Carbohydrases
Phytases
Other Enzymes
Animal
Aquaculture
By Sub Animal
Fish
Shrimp
Other Aquaculture Species
Poultry
By Sub Animal
Broiler
Layer
Other Poultry Birds
Ruminants
By Sub Animal
Dairy Cattle
Other Ruminants
Swine
Other Animals
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India Feed Enzymes Market Size Summary

The India Feed Enzymes Market is experiencing a steady expansion, driven by the increasing demand for animal feed across the country. As a significant player in the Asia-Pacific region, India holds a notable share of the feed enzymes market, with carbohydrases leading in market value due to their essential role in animal digestion. The poultry sector, in particular, dominates the market for these enzymes, reflecting the country's robust poultry industry, which is a major producer of eggs and broiler meat globally. Despite challenges such as disease outbreaks and high feed costs, the poultry industry continues to grow, supported by rising domestic and international demand for poultry products. The aquaculture sector also contributes to the market's growth, with a significant increase in aqua feed production driven by the surge in seafood demand and government initiatives.

The market is moderately consolidated, with major companies like Adisseo, Archer Daniel Midland Co., Brenntag SE, DSM Nutritional Products AG, and Kerry Group Plc playing pivotal roles. These companies are actively involved in developing and distributing feed enzymes to enhance animal feed quality and efficiency. Innovations such as DSM's Hiphorius phytase and BASF's Natupulse TS enzyme product highlight the ongoing advancements in the sector. The expansion of the feed enzymes market is expected to support India's economic growth, create job opportunities, and contribute to food security, aligning with the country's broader agricultural and economic goals.

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India Feed Enzymes Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)

    1. 1.1 Sub Additive

      1. 1.1.1 Carbohydrases

      2. 1.1.2 Phytases

      3. 1.1.3 Other Enzymes

    2. 1.2 Animal

      1. 1.2.1 Aquaculture

        1. 1.2.1.1 By Sub Animal

          1. 1.2.1.1.1 Fish

          2. 1.2.1.1.2 Shrimp

          3. 1.2.1.1.3 Other Aquaculture Species

      2. 1.2.2 Poultry

        1. 1.2.2.1 By Sub Animal

          1. 1.2.2.1.1 Broiler

          2. 1.2.2.1.2 Layer

          3. 1.2.2.1.3 Other Poultry Birds

      3. 1.2.3 Ruminants

        1. 1.2.3.1 By Sub Animal

          1. 1.2.3.1.1 Dairy Cattle

          2. 1.2.3.1.2 Other Ruminants

      4. 1.2.4 Swine

      5. 1.2.5 Other Animals

India Feed Enzymes Market Size FAQs

The India Feed Enzymes Market size is expected to reach USD 40.79 million in 2024 and grow at a CAGR of 4.79% to reach USD 51.53 million by 2029.

In 2024, the India Feed Enzymes Market size is expected to reach USD 40.79 million.

India Feed Enzymes Market Report Snapshots

India Feed Enzymes Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029