MARKET REPORT FEED & ADDITIVE MAGAZINE November 2022 85 by the majority of animal feed manufacturers and livestock producers. Phytase enzymes has gained huge popularity in animal feeds on account of their several advantages such as including the highest activity at low pH, improving bone health, increasing body weight gain, and improving digestive efficiency by breaking down indigestible phytic acid, which aids in the release of digestible phosphorus, calcium, and other nutrients that aid animal growth. On the other hand, Emergen Research draws attention to the carbohydrase segment in its report. According to the company's report, carbohydrase segment is expected to register a rapid revenue growth rate over the forecast period of 2022-2030. This is attributed to increasing adoption of carbohydrase by most animal feed manufacturers and livestock producers to be used as an enzyme. Livestock producers tend to prefer the use of carbohydrase owing to its benefits. For instance, Multi-Carbohydrase (MC) supplements, such as xylanase, glucanase, and arabinofuranosidase, have been shown to boost energy and protein utilization, nutritional digestibility, and growth rates in chicken. Also, the Emergen report explains that the phytase segment is expected to register a steady revenue growth during the 2022-2030 forecast period. According to the report, this is owing to microbial phytase being the most commonly used exogenous enzyme in the feed for monogastric animals. Phytase can diminish the antinutritional effects of phytate, enhance the digestibility of Phosphorus (P), calcium, amino acids, and energy, and lessen the negative environmental impact of inorganic P excretion. In monogastric animal feeding, phytase is an important enzyme with nutritional advancement qualities. Based on the source, the market is bifurcated into microorganisms, plants, and animals. According to Future Market Insights, during the 2022 - 2032 forecast period, the microorganism segment is expected to be the most popular. Microorganisms are abundant and are ideal hosts for the production of stable and industrially relevant enzymes. In the production of animal feed, enzymes derived from microorganisms play an important role. Similarly, Emergen Research highlights the microorganism segment in its report. According to Emergen, this segment is expected to lead in terms of revenue share in the global market over the 20222030 forecast period owing to the higher use of these sources to extract feed enzymes. Certain enzymes are of particular importance and are used as organic catalysts in a variety of industrial processes. Microbial enzymes are known to be superior enzymes derived from various microorganisms, especially for industrial use on a large scale. Microbial sources of enzyme production are the most preferred source for industrial enzyme production as microbes are readily available, since they grow at a rapid rate and can be genetically manipulated to produce enzymes that perform optimally under various industrial production conditions. On the other hand, the plant segment is expected to register a rapid growth rate during the forecast period as they are increasingly being used in feed enzymes. Plant-based digestive enzymes are effective across a wide pH range. This range is thought to be between 3.0 to 9.0, which is very compatible with the gastrointestinal system. As a result, plant-based enzymes are ideal for maintaining overall digestive health. Many fruits and vegetables include cellulase, which break down dietary fibers and increase their nutrients. The presence of cellulase in plant-based sources is critical as it is not found naturally in livestock. MARKET STATUS BASED BY LIVESTOCK TYPE Based on livestock, the poultry segment is expected to account for the largest revenue share in the global feed enzymes market during the 2022-2030 forecast period. According to Emergen Research's report, the poultry segment is expected to lead in terms of revenue share in the global market over the forecast period owing to increasing use of enzyme additives in poultry feed due to its various benefits and cost-effectiveness. When enzymes are combined in the meal, it improves the amount of energy
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