Microorganism Feed Carbohydrase Market Growth Trajectory – Insights On Key Drivers, Major Trends, And Top Opportunities
27 Jul, 2023
The global microorganisms feed carbohydrase market size is expected to grow from $1.42 billion in 2022 to $1.55 billion in 2023 at a compound annual growth rate (CAGR) of 9.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global microorganisms feed carbohydrase market size is expected to reach $2.16 billion in 2027 at a CAGR of 8.6%.
Global Microorganism Feed Carbohydrase Market Key Driver
Rising demand for animal protein, such as meat, will drive the expansion of the microorganisms feed carbohydrase market in the future. Meat is the meat of animals that is consumed to provide a good supply of protein, vitamins, and minerals in a diet. Microorganisms feed carbohydrase enzymes are commonly used in animal feeds to reduce the negative effects of antinutritional elements in feed raw material structure and improve performance, allowing for more meat per animal at a lower cost while improving overall long-term well-being.
Get a sample of the global microorganism feed carbohydrase market reportGlobal Microorganism Feed Carbohydrase Market Segments
The global microorganism feed carbohydrase market is segmented:
1) By Type: Amylases, Cellulases, Pectinases, Lactase, Other Types
2) By Form: Dry, Liquid
3) By Livestock: Poultry, Swine, Ruminants, Aquatic Animals, Other Livestock
4) By Application: Food And Beverage, Animal Feed, Pharmaceuticals, Other Applications
5) By Geography: The regions covered in the microorganism feed carbohydrase market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest share in the global microorganism feed carbohydrase market.
Major Microorganism Feed Carbohydrase Industry Players
BASF SE, Novozymes A/S, Adama Ltd., Cargill Incorporated, Kerry Group PLC, International Flavors & Fragrances Inc., K+S Group, Sumitomo Chemicals, Associated British Foods PLC, Royal DSM N.V, Corbion N.V, Syngenta Group, Bayer AG, Amano Enzymes Inc.
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Microorganism Feed Carbohydrase Market Overview
Microorganism feed carbohydrase refers to a vast family of glycosidase enzymes that catalyze five types of reactions that convert carbs into simple sugars. Carbohydrases are enzymes that break down polysaccharides and are produced in the pancreas, salivary glands, and small intestine. They aid in the breakdown of meal components that the digestive tract cannot efficiently break down on its own.
Microorganism Feed Carbohydrase Global Market Report 2023 provides data on the global microorganism feed carbohydrase market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The microorganism feed carbohydrase market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.