MARKET REPORT 76 FEED & ADDITIVE MAGAZINE February 2024 In animals, enzymes are crucial for accelerating and regulating various biochemical reactions. By increasing the speed of chemical reactions, enzymes enable animals to perform vital functions such as producing energy, digesting nutrients and repairing their cells more quickly and efficiently. Enzymes, which prevent the energy generated as a result of a reaction from harming the living organism with energy control, also reduce the activation energy required for the initiation of a reaction, allowing animals to perform biochemical reactions with less energy expenditure. Enzymes also play an important role in the metabolic activities of animals. These activities include processes such as energy production, growth, movement and regeneration of cells. All these functions enable animals to survive and grow in a healthy way. Without enzymes, many chemical reactions in animal bodies would occur very slowly or not at all. Due to these valuable functions, enzymes are considered as an important component of animal feeds. Enzymes help to break down complex molecules in feed into simpler molecules that can be easily absorbed by animals. With this function, they increase the absorption rate of nutrients in Feed Enzymes and Global Market Status Enzymes help break down complex molecules in feed into simpler molecules that can be easily absorbed by animals, improving digestion and feed utilisation. In addition, they maintain the overall health of the animal and promote weight gain and performance. However, despite these important features, the share of the feed enzymes market in the global feed additive market is estimated to be only 3.8% in 2022. In addition, it is estimated that the feed enzymes market, which has a size of around USD 1.5 billion in 2023, could reach a size of around USD 2.3 billion in 2030. By Derya Yildiz
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