Market Size of united states feed enzymes Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 254.54 Million |
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Market Size (2029) | USD 346.50 Million |
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Largest Share by Sub Additive | Carbohydrases |
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CAGR (2024 - 2029) | 6.36 % |
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Fastest Growing by Sub Additive | Carbohydrases |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
United States Feed Enzymes Market Analysis
The United States Feed Enzymes Market size is estimated at 254.54 million USD in 2024, and is expected to reach 346.50 million USD by 2029, growing at a CAGR of 6.36% during the forecast period (2024-2029).
254.54 Million
Market Size in 2024 (USD)
346.50 Million
Market Size in 2029 (USD)
8.46 %
CAGR (2017-2023)
6.36 %
CAGR (2024-2029)
Largest Market by Sub-Additive
47.60 %
value share, Carbohydrases, 2023
Carbohydrases comprise the largest segment as they help reduce animal feed costs by boosting energy and increasing the intake of protein, minerals, and lipids from animal feed.
Largest Market by Animal
40.45 %
value share, Poultry, 2023
Poultry is the largest segment due to the increase in demand for poultry meat and eggs by the end-consumers, such as restaurants.
Fastest-growing Market by Sub-Additive
6.47 %
Projected CAGR, Carbohydrases, 2024-2029
It is the fastest-growing segment, owing to the increasing demand for meat and meat products and awareness about the benefits of healthy animal diets for animal productivity.
Fastest-growing Market by Animal
7.01 %
Projected CAGR, Ruminants, 2024-2029
Ruminants comprise the fastest-growing segment due to increased demand for milk products, the increased cattle population, and rising awareness of the benefits of enzymes.
Leading Market Player
17.78 %
market share, DSM Nutritional Products AG, 2022
DSM Nutritional Products AG is the market leader because it is focused on developing new feed enzyme products and partnerships with major players to expand product offerings.
- In 2022, the United States held the largest share of the North American feed enzymes market, accounting for 70% of the total market. The feed enzymes market in the United States was valued at USD 0.2 billion, contributing 3.8% to the total feed additives market. The market value of feed enzymes in the United States witnessed a significant increase of 19.7% in 2020 compared to 2019, owing to the rise in feed production for ruminants and poultry birds.
- Of all the feed enzymes, carbohydrases occupied the largest market share of 47.6% in the United States, followed by phytases and other enzymes with a share of 33% and 19.5%, respectively. The use of carbohydrases in animal feed improves the absorption of nutrients from cereals, leading to reduced feed costs. Poultry birds, ruminants, and swine were the largest animal types in the carbohydrases segment, accounting for 41%, 37%, and 19% market shares, respectively.
- The feed carbohydrases segment is expected to grow and register a CAGR of 6.4% during the forecast period, owing to the high usage and demand for carbohydrases as a significant proportion of animal feed comprising carbohydrases. Most feed enzymes, including carbohydrases and phytases, cannot be synthesized naturally, and therefore, one or more enzymes should be supplied through the animal feed for all animal types.
- The demand for feed enzymes is increasing as it helps improve the overall health of animals, reduce livestock diseases, and enhance the stability and consistency of animal feed. Hence, the US feed enzymes market is expected to grow and register a CAGR of 6.3% during the forecast period.
Understand The Key Trends Shaping This Market
