Product Code: ETC233545 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The animal feed enzymes market in Thailand is experiencing steady growth due to the rising demand for quality animal nutrition. Enzymes are added to animal feed to improve digestion and nutrient absorption, leading to healthier livestock and increased meat production. The market is poised for further expansion as the agriculture and livestock sectors continue to develop.
The Thailand Animal Feed Enzymes Market experiences growth due to the increasing demand for efficient and sustainable animal nutrition solutions. Enzymes are used in animal feed to enhance digestion and nutrient absorption, leading to improved livestock health and productivity. The market is influenced by factors such as a growing livestock industry, awareness of the benefits of enzyme supplementation, and the desire to reduce the environmental impact of animal farming. As Thailand`s animal agriculture sector modernizes and focuses on optimizing feed efficiency, the demand for feed enzymes is expected to continue rising.
The Thailand Animal Feed Enzymes Market faces several challenges in its growth and sustainability. Firstly, there is increasing scrutiny and regulation surrounding the use of enzymes in animal feed, with concerns about their impact on animal health and the environment. Stricter regulations can lead to higher compliance costs for manufacturers and limit the range of enzymes that can be used. Secondly, the market is highly competitive, with numerous domestic and international players vying for market share. This competition can result in price wars and reduced profit margins. Additionally, fluctuations in feed prices and consumer demand can make it challenging for companies to plan and forecast accurately.
The Thailand Animal Feed Enzymes Market felt the repercussions of the COVID-19 pandemic, particularly in terms of supply chain disruptions and a temporary decline in demand. The initial disruptions in the logistics and transportation of feed ingredients posed challenges for the market. Additionally, some farmers faced financial difficulties, leading to a reduction in animal production and subsequently, a temporary dip in demand for animal feed enzymes. However, as the situation improved and the demand for meat and dairy products gradually increased, the market recovered. Moreover, there was a growing awareness of the importance of animal nutrition and health during the pandemic, which led to a renewed focus on feed quality and enzyme supplementation.
The Thailand Animal Feed Enzymes Market features leading players like Novozymes A/S, DuPont de Nemours, Inc., and DSM Nutritional Products AG. These global companies provide a range of animal feed enzymes that enhance the nutritional value of livestock feed. Their strong research and development efforts, along with partnerships with local feed producers, have made them key contributors to the growth of Thailand`s animal agriculture sector.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Animal Feed Enzymes Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Animal Feed Enzymes Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Animal Feed Enzymes Market - Industry Life Cycle |
3.4 Thailand Animal Feed Enzymes Market - Porter's Five Forces |
3.5 Thailand Animal Feed Enzymes Market Revenues & Volume Share, By Formulation, 2021 & 2031F |
3.6 Thailand Animal Feed Enzymes Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Thailand Animal Feed Enzymes Market Revenues & Volume Share, By Livestock, 2021 & 2031F |
4 Thailand Animal Feed Enzymes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-quality animal protein products in Thailand |
4.2.2 Growing awareness about the benefits of using animal feed enzymes in improving animal health and productivity |
4.2.3 Favorable government regulations supporting the use of animal feed enzymes in livestock production |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices affecting production costs |
4.3.2 Limited availability of skilled labor for the production and application of animal feed enzymes in the market |
5 Thailand Animal Feed Enzymes Market Trends |
6 Thailand Animal Feed Enzymes Market, By Types |
6.1 Thailand Animal Feed Enzymes Market, By Formulation |
6.1.1 Overview and Analysis |
6.1.2 Thailand Animal Feed Enzymes Market Revenues & Volume, By Formulation, 2021-2031F |
6.1.3 Thailand Animal Feed Enzymes Market Revenues & Volume, By Dry, 2021-2031F |
6.1.4 Thailand Animal Feed Enzymes Market Revenues & Volume, By Liquid, 2021-2031F |
6.2 Thailand Animal Feed Enzymes Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Thailand Animal Feed Enzymes Market Revenues & Volume, By Phytase, 2021-2031F |
6.2.3 Thailand Animal Feed Enzymes Market Revenues & Volume, By Carbohydrase, 2021-2031F |
6.2.4 Thailand Animal Feed Enzymes Market Revenues & Volume, By Protease, 2021-2031F |
6.2.5 Thailand Animal Feed Enzymes Market Revenues & Volume, By Non starch polysaccharides, 2021-2031F |
6.3 Thailand Animal Feed Enzymes Market, By Livestock |
6.3.1 Overview and Analysis |
6.3.2 Thailand Animal Feed Enzymes Market Revenues & Volume, By Poultry, 2021-2031F |
6.3.3 Thailand Animal Feed Enzymes Market Revenues & Volume, By Swine, 2021-2031F |
6.3.4 Thailand Animal Feed Enzymes Market Revenues & Volume, By Ruminant, 2021-2031F |
6.3.5 Thailand Animal Feed Enzymes Market Revenues & Volume, By Aquaculture, 2021-2031F |
6.3.6 Thailand Animal Feed Enzymes Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Animal Feed Enzymes Market Import-Export Trade Statistics |
7.1 Thailand Animal Feed Enzymes Market Export to Major Countries |
7.2 Thailand Animal Feed Enzymes Market Imports from Major Countries |
8 Thailand Animal Feed Enzymes Market Key Performance Indicators |
8.1 Average daily weight gain of livestock fed with enzyme-supplemented feed |
8.2 Reduction in feed conversion ratio due to the use of animal feed enzymes |
8.3 Adoption rate of new enzyme technologies in the Thailand animal feed industry |
9 Thailand Animal Feed Enzymes Market - Opportunity Assessment |
9.1 Thailand Animal Feed Enzymes Market Opportunity Assessment, By Formulation, 2021 & 2031F |
9.2 Thailand Animal Feed Enzymes Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Thailand Animal Feed Enzymes Market Opportunity Assessment, By Livestock, 2021 & 2031F |
10 Thailand Animal Feed Enzymes Market - Competitive Landscape |
10.1 Thailand Animal Feed Enzymes Market Revenue Share, By Companies, 2024 |
10.2 Thailand Animal Feed Enzymes Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |