MARKET REPORT 82 FEED & ADDITIVE MAGAZINE November 2022 Enzymes are naturally occurring proteins that are created by the digestive process. However, the digestive systems of livestock such as poultry, horses, swine, sheep and cattle are inefficient. For example, swine and poultry are unable to digest approximately 25% of the diet they are given because the feed ingredients have some non-degradable harmful elements that restrict the digestive process and the animals lack the necessary enzymes required to degrade those complexes in the feed. So, adding enzymes to feed is necessary to increase its quality and digestibility. Enzymes help breakdown, digestion, and absorption of those naturally occurring elements like fiber and phytate in various feed ingrediGlobal Feed Enzymes Market Adding enzymes to feed is necessary to increase its quality and digestibility. At the same time, providing enzyme supplement to the livestock helps to produce more meat and milk products per animal at a very low cost and also improve the overall health of the livestock for the long term and reduce the mortality rate. These increases the profit margin of farmers. These benefits support the growth of the market. According to the averages of the data of market research companies, feed enzymes market size for 2022 is estimated about US$ 1.7 billion. Considering that the average growth expectations are at the level of 7.9% CAGR, it can be estimated that the market will reach a size of about US$ 3.6 billion by 2032. By Derya Yildiz
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