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Outlook of Animal Feed Enzymes Market status and development trends reviewed in new report

Animal Feed Enzymes Market size was worth over USD 1.1 billion in 2016 and will cross 80 kilotons by 2024. <br><br>Get more details @ https://goo.gl/GfkJoz

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Outlook of Animal Feed Enzymes Market status and development trends reviewed in new report

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  1. Animal Feed Enzymes Market trends research and projections for 2017-2024 Fuel Cell Market size worth $25.5bn by 2024

  2. KeyInsights from Animal Feed Enzymes Market : • The growth graph of Animal Feed Enzymes Market is forecast to display an upward trend over the coming years, owing to the growing consumer preference for nutritious diet along with a substantial rise in the disposable incomes across emerging economies. • According to the OECD (Organization for Economic Co-operation and Development), the average meat intake per individual across the globe is nearly 75 pounds in a year. This figure is an indication of the growing product popularity across the world. Global Market Insights, Inc., claims that animal feed enzymes industry revenue, which was estimated at USD 1.1 billion in 2016, is anticipated to surpass USD 2 billion by 2024.

  3. Continued... • Asia Pacific animal feed enzymes market, which collected a revenue of more than USD 220 million in 2016, is predicted to grow at the highest rate of 7.5% over the coming timeline. Growing consciousness regarding livestock diseases coupled with the rapidly flourishing dairy sector is predicted to contribute considerably toward the regional share. High intake of meat across the regions such as China, Japan, and India are expected to push the product demand. • Animal feed enzymes of high nutritional value have the ability to improve the livestock health, owing to which they are fed to ruminants, pigs, and fish. Aquaculture animal feed enzymes market is forecast to grow at an annual rate of 7.5% over the coming timeline. The ever-expanding fishing sector is expected to favorably influence the business space. Poultry, which produced a revenue of more than USD 500 million in 2016, is expected to make substantial contributions toward animal feed enzymes market share. Rising demand for eggs and meat owing to its high protein contents will steer the industry growth.

  4. U.S. Animal Feed Enzymes Market Size, By Livestock, 2016 & 2024 (Kilotons)

  5. Browse Full Market Research Report On Animal Feed Enzymes Market @ https://goo.gl/7exeRU Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/1824

  6. 360° Analysis • Application Trends • Protease animal feed enzymes industry, which produced a revenue of more than USD 150 million in 2015, is projected to witness a tremendous surge over the next few years. Escalating product need as a protein digesting molecule will fuel the industry growth. • Regional Trends • Europe, led by Spain animal feed enzymes market, is foreseen to witness a significant gain at over 6% up to 2024. Presence of large end-use market along with strong distribution channel network has driven the industry growth. • Competitive Market Share • Animal feed enzymes market share is highly competitive in nature due to the presence of numerous local manufacturers. Key industry participants include BASF, Duo Point, Chr Hansen Holding A/S, DSM N.V., Foodchem International, Novozymes, ENMEX, Flavorchem Corporation, DD Williamson & Co., BioExtract and Nutralliance.

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