Animal Feed Phytase Market Size Is Expected to Witness Over 6.6% CAGR by 2032

The animal feed phytase market is estimated to record a 6.6% CAGR from 2024 to 2032. Owing to the increasing demand for high-quality animal protein products, driven by a growing global population and changing dietary patterns,. Animal feed phytase enhances phosphorus availability in feed, promoting better digestion and nutrient absorption in animals. As livestock and poultry producers seek ways to improve the efficiency of feed utilisation and overall animal health, product consumption will surge.

Additionally, animal feed phytase aids in reducing phosphorus pollution by improving phosphorus utilization in animal diets. This aligns with regulatory efforts to mitigate environmental impacts, making phytase an essential component of sustainable animal nutrition. In July 2023, Danisco Animal Nutrition & Health stated that Axtra PHY Gold, a phytase enzyme, received approval to be used in feed for swine and poultry from the EU. Awareness of the environmental footprint of livestock production contributes to industry expansion.

The microorganisms segment will record decent growth between 2024 and 2032, as they help enhance feed efficiency and nutrient utilisation. Microbial phytases, derived from naturally occurring microorganisms, exhibit robust efficacy in breaking down phytic acid present in feed ingredients. As a result, they improve phosphorus availability for animals. promoting better digestion and nutrient absorption. With a heightened emphasis on sustainable and eco-friendly feed additives, microbial phytases contribute to reduced environmental phosphorus pollution.

The broiler segment is anticipated to witness a strong CAGR throughout 2024–2032, favoured by optimised nutrition for efficient growth and meat production. Phytase supplements in broiler feed enhance phosphorus utilization, resulting in improved bone development and overall health. As the demand for high-quality poultry products rises globally, there will be increasing product adoption in broilers to address nutritional challenges and enhance feed efficiency.

The size of the European animal feed physate industry will record notable growth through 2032, propelled by the region’s stringent environmental regulations and increasing focus on sustainable agriculture. European livestock producers are embracing phytase additives to address phosphorus utilization efficiently, aligning with environmental goals by minimising phosphorus emissions in animal waste. Additionally, the advancements in research and technology, enabling the development of innovative phytase formulations that cater to specific nutritional needs, will shape the regional market outlook.