According to the report, Europe Feed Enzymes market has been estimated at USD 28.22 Billion in 2016 and is projected to reach USD 38.12 Billion by 2021, at a CAGR of 6.20% during the forecast period from 2016 to 2021.

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Feed enzymes offer unprecedented digestibility, increasing the availability of phosphorus, calcium, energy and amino acids to the animal. The use of enzymes is central to the quality of animal feed because they accelerate biochemical reactions that help improve the nutritional value and quality of feed. They are added in animal nutrition to improve utilization of energy and nutrients or to degrade undesired components. Feed enzymes play an important role in modern agriculture.

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Soaring costs of natural feed products is making the consumers shift their focus on the adoption of efficient animal feed enzymes. Thus, the demand for animal feed enzymes is increasing. Increased consumption of meat due to change in lifestyle and rising awareness on the safety and quality of meat is driving the market growth. But due to government rules and regulations on sales and pricing, market growth is getting affected.

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Market Segmentation                                              

By type of ingredient                             
Carbohydrase        
Phytase    
Others      
By type of animals                   
Ruminant
Swine        
Poultry     
Aquaculture           
Others      
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Geographically, Europe Market for Feed Enzymes is segmented into Spain, Russia, Germany, Italy, UK, France and Others. Europe dominates the market with a share of 33%. Spain, Germany and Russia are the largest markets within the region. Meat is the top most export commodity in Spain. Feed enzymes market has the largest consumer base in the European region, where pastures and livestock rearing are key components of economies.

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Major companies in the Europe market are DuPont, DSM, BASF Corporation, Alltech, Novozymes and Adisseo France. Other Major players in the market are AB Enzymes GmbH, Advanced Enzymes Technologies Limited, Amano Enzyme Inc. Bio Vet JSC, Biocatalysts ltd, Chr. Hansen Inc, Enmex Sa De Cv, Lesaffre Group, PURATOS GROUP, Rossari Biotech Limited, Shenzhen Leveking Bio-Engineering Co. Ltd and Sunson Industry Group Company Limited.

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