Share this article Share this article ResearchAndMarkets.com's offering. Global Feed Enzymes market accounted for $1.18 billion in 2019 and is expected to reach $2.55 billion by 2027 growing at a CAGR of 10.1% during the forecast period. Increasing demand for animal-based products, such as meat products, dairy products, and eggs and rise in the global demand for naturally produced feed and feed additives are propelling market growth. However, factor such as higher inclusion rates of enzymes which may have negative effects is hampering market growth. Moreover, innovation in phytase production processes may provide ample opportunities for market growth. Feed enzymes are used to enhance the quality of animal nutrition as well as improve the nutritional properties of animal fodder. Enzymes are natural proteins secreted by animals as a part of the feed digestion process. Feed enzymes improve the feed performance when added, as they offer additional nutrients such as minerals and vitamins to the animal feed.