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Feed Carbohydrase Market Share
The global feed carbohydrase industry is highly fragmented owing to the presence of several market players. Major companies operating in the market are BASF SE, DuPont, DSM and Novozymes, accounting for over 40% market share in the year 2023. The major market players are focusing on mergers & acquisitions, facility expansion, and strategic partnerships to expand their product offerings, customer reach, and enhance market presence. Companies are also focusing on acquisition strategy.
Competition ranges from premium pricing by established players with strong brands to cost-effective offerings by regional and emerging players. An acquisition strategy enables a company to enter new markets and product lines instantaneously with a recognized brand having a good reputation and an existing client base. An acquisition can overcome market entry barriers that were previously challenging.
Feed Carbohydrase Market Companies
Major players operating in the global feed carbohydrase industry include:
- BASF SE (Germany)
- DuPont (U.S.)
- AMORVET (India)
- DSM (Netherlands)
- Novozymes (Denmark)
- BIO-CAT, Inc. (Germany)
- BEC Feed Solutions Pty Ltd (Australia)
- Amano Enzyme Inc. (Japan)
- NOVUS INTERNATIONAL (U.S.)
- AB Enzymes (Germany)
- Associated British Foods plc (U.K.)
- Chr. Hansen Holding A/S (Denmark)
- BIOVET JSC (Bulgaria)
- Advanced Enzyme Technologies. (India)
- Advanced Enzyme Technologies. (Belgium)
- Specialty Enzymes & Probiotics (U.S.)
- Alltech. (Nicholasville)
- Dyadic International Inc. (U.S.)
Why is the demand for dry type feed carbohydrase growing?
Dry type feed carbohydrase industry is estimated to generate USD 695.7 million in revenue in 2023 and is projected to record substantial growth through 2032 owing to increasing use due to their longer shelf life and stability during storage and transportation.
How big is the China feed carbohydrase industry?
China feed carbohydrase generated more than USD 175 million in revenue in 2023 and is estimated to expand at a notable pace through 2032 owing to the expanding animal feed production in the region.
What is the size of the feed carbohydrase market?
Industry size for feed carbohydrase was valued at USD 966.3 million in 2023 and is set to expand at over 8.3% CAGR from 2024 to 2032 owing to increasing adoption of innovative feed products in the animal feed space.
Who are the major feed carbohydrase business participants?
Some of the leading firms operating in the feed carbohydrase market are BASF SE (Germany), DuPont (U.S.), AMORVET (India), DSM (Netherlands), Novozymes (Denmark), BIO-CAT, Inc. (Germany), Amano Enzyme Inc. (Japan), NOVUS INTERNATIONAL (U.S.), AB Enzymes (Germany), BIOVET JSC (Bulgaria), Advanced Enzyme Technologies. (India), and Dyadic International Inc. (U.S.), among others.