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Strategic Analysis of the Global Market for Phytase for Animal Feed Applications

Growth is Expected but Increasing Competition Means Innovation will be Key to Market Growth

  • Research Code : MB79-01-00-00-00
  • SKU : FA00062-GL-MR_00381
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  • Release Date : 01-Sep-2015
  • Region : Global
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Phytases have well-recognized and documented benefits in the animal feed industry, particularly for poultry and pig feeds. The identification and establishment of additional benefits beyond the reduction of the environmental impact of phosphorus pollution has increased market penetration and encouraged the entry of more market participants, thereby increasing competition in the market. Growth trends in the phytase market will largely be in line with feed demand patterns, and a large chunk of the market growth will be from traditional animal species, though aquaculture offers a level of potential.
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