Lewes, DE -- (SBWire) -- 07/31/2018 --Phytases market will register a 7.9% CAGR in terms of revenue, reach US$ 590 million by 2023, from US$ 380 million in 2017.
This report studies the Phytases market, A phytase (myo-inositol hexakisphosphate phosphohydrolase) is any type of phosphatase enzyme that catalyzes the hydrolysis of phytic acid (myo-inositol hexakisphosphate) – an indigestible, organic form of phosphorus that is found in grains and oil seeds – and releases a usable form of inorganic phosphorus.
Currently, some companies in the world can produce Phytases product, mainly concentrating in Europe. The main market players are Novozymes, DuPont (Danisco), AB Enzymes, DSM, BASF, etc. The sales volume of Phytases increased from 114235 MT in 2012 to 152622 MT in 2016, with an average growth rate of 5.96%.
In consumption market, the growth rate of global consumption is smooth relatively. China and Europe are still the mainly consumption regions due to the advanced production technology and rapid development of economy.
The benefits of enzymes are becoming better realized as more research is done. For the animal, enzymes optimize gut health, produce uniform growth and enhance overall health. For the producer, they decrease feed costs and improve profitability.
Over the next five years,study projects that Phytases will register a 7.9% CAGR in terms of revenue, reach US$ 590 million by 2023, from US$ 380 million in 2017.
This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
BASF
DuPont
DSM
AB Enzymes
Beijing Smistyle
VTR
Jinan Tiantianxiang (TTX?
Huvepharma
Novozymes
Vland Biotech Group
Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)
Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
Granular Phytases
Powder Phytases
Liquid Phytases
Thermostable Phytases
Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
Food Industry
Pharmaceutical Industry
Feed Industry
Spanning over 126 pages "Forecast of Global Phytases Market 2023" report covers Phytases Market Overview, Global Phytases Sales, Revenue (Value) and Market Share by Players, Global Phytases Sales, Revenue (Value) by Regions, Type and Application (2013-2018), North America Top 5 Players Phytases Sales, Revenue and Price, Europe Top 5 Players Phytases Sales, Revenue and Price, Asia-Pacific Top 5 Players Phytases Sales, Revenue and Price, South America Top 5 Players Phytases Sales, Revenue and Price, Middle East & Africa Top 5 Players Phytases Sales, Revenue and Price, Global Phytases Players Profiles/Analysis, Global Phytases Market Forecast (2018-2023), Phytases Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders, Market Effect Factors Analysis, Research Findings and Conclusion, Appendix.
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