Middle East and Africa Feed Enzymes Market Size, Share, Trends & Growth Forecast Report By Ingredient Type, Animals and Country (KSA, UAE, Israel, and Rest of the GCC Countries, South Africa, Ethiopia, Kenya, Egypt, Sudan and Rest of Middle East and Africa), Industry Analysis (2024 to 2032)

Updated On: June, 2024
ID: 349
Pages: 145

Middle East and Africa Feed Enzymes Market Size

The feed enzymes market size in the Middle East and Africa was valued at USD 6.62 billion in 2023. The MEA market is anticipated to grow at a CAGR of 6.52% from 2024 to 2032 and be worth USD 11.69 billion by 2032 from USD 7.5 billion in 2024.

Feed enzymes accelerate biochemical reactions that help improve the nutritional value and quality of feed. They help eliminate the negative effects that volatility and modern diets have on animal digestion. They are useful in the extraction of extra nutrients from animal feed and help reduction of animal waste. They provide considerable economic benefit to the livestock industry globally through their positive effect on animal performance, litter quality, animal welfare and the environment.

MARKET DRIVERS

The feed enzymes market growth in the Middle East and Africa is driven by a rise in per capita meat consumption. Also, rising awareness in customers about the quality and feed grade is slowly increasing the demand in this region and driving the regional market growth.

MARKET RESTRAINTS

However, government regulations over the sales and pricing of the products and high costs of raw materials can affect the market growth.

REGIONAL ANALYSIS

Middle East and African countries are slowly emerging and currently hold a market share of 6%. South Africa is the largest market within the region. The United Arab Emirates has limited agricultural potential and hence relies mostly on imports to satisfy the growing demand for meat. With increased animal husbandry practices in African countries, a great demand for feed enzymes can be witnessed in the near future.

KEY MARKET PLAYERS

DuPont, DSM, BASF Corporation, Alltech, Novozymes, Adisseo France, AB Enzymes GmbH, Advanced Enzymes Technologies Limited, Amano Enzyme Inc. Bio Vet JSC, Biocatalysts Ltd, Chr. Hansen Inc, Enmex Sa De Cv, Lesaffre Group, PURATOS GROUP, Rossari Biotech Limited, Shenzhen Leveking Bio-Engineering Co. Ltd and Sunson Industry Group Company Limited are a few of the major companies are profiled in the Middle East and African feed enzymes market.

MARKET SEGMENTATION

This research report on the Middle East and Africa feed enzymes market is segmented and sub-segmented into the following categories.

By Ingredients

  • Carbohydrase
  • Phytase
  • others

By Animal Type

  • Ruminant
  • Swine
  • Poultry
  • Aquaculture
  • Others

By Country

  • KSA
  • UAE
  • Israel
  • Rest of the GCC countries
  • South Africa
  • Ethiopia
  • Kenya
  • Egypt
  • Sudan
  • Rest of MEA

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Frequently Asked Questions

what is the current size of the MEA feed enzymes market?

The current size of the Middle East and Africa feed enzymes market is expected to be valued at USD 6.62 Billion in 2023.

what is the expected growth value of the MEA feed enzymes market?

The expected growth value of the Middle East and Africa feed enzymes market is predicted to grow to USD 9.08 Billion by 2028, at a CAGR of 6.52% during the forecast period from 2023 to 2028.

which segment dominating highly in the MEA feed enzymes market?

Poultry and swine segments comprise the majority of the feed enzyme market share, followed by ruminants. Carbohydrase are the most widely used enzyme.

which region accounted for the largest share in the MEA feed enzymes market?

Middle-East and African countries are slowly emerging and currently hold a market share of 6%. South Africa is the largest market within the region.

what are the key market players involved in the MEA feed enzymes market?

DuPont, DSM, BASF Corporation, Alltech, Novozymes, and Adisseo France, AB Enzymes GmbH, Advanced Enzymes Technologies Limited, Amano Enzyme Inc. Bio Vet JSC, Biocatalysts Ltd, Chr. Hansen Inc, Enmex Sa De Cv, Lesaffre Group, PURATOS GROUP, Rossari Biotech Limited, Shenzhen Leveking Bio-Engineering Co. Ltd, Sunson Industry Group Company Limited. Some of the major companies are involved in the MEA feed enzymes market.

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