China feed enzyme market size* in 2012 is 33,000 tonnes with a market value of US$146 million
- An in-depth investigation of China feed enzyme market in 2012
China's feed enzyme consumption reached 33,000 tonnes during 2012, a rise of about 10% compared with 2011's 30,000 tonnes. The major feed production provinces of Guangdong, Shandong and Henan, each with feed output exceeding 10 million tonnes a year, were the leading feed enzyme consumption regions. Each of the following major livestock production regions consumed over 2,500 tonnes of feed enzyme in 2012:
|
Top 10 China feed enzyme consumption provinces (not in order of consumption ranking) | |
|
1. |
Guangxi |
|
2. |
Guangzhou |
|
3. |
Hebei |
|
4. |
Heilongjiang |
|
5. |
Henan |
|
6. |
Hunan |
|
7. |
Jiangsu |
|
8. |
Liaoning |
|
9. |
Shandong |
|
10. |
Sichuan |
|   | Total consumption of top 10 provinces: 99 million tones |
The use of concentrated enzyme in the feed industry expanded steadily over the year. Currently, about 45% of compound enzymes used are high-concentration types, with inclusion rate below 300g per tonne of feed. This is a tremendous increase compared with the market share of about 20% in 2007.
China's hog population grew steadily during 2012, keeping its uptrend for nine consecutive months between April and December. The 13% rise in hog inventories lifted the usage of compound enzyme by over 4%. Meanwhile, broiler sector's compound enzyme usage increased by over 5% while that of layer industry expanded 9%.
In terms of sales revenue the leading players in China's enzyme market include DuPont Danisco, Guangdong VTR Biotechnology, Hunan Youtell and KDN Biotech, each achieving about US$16 million or more in sales during 2012.
|
Top 10 enzyme sellers in China (not in order of sales ranking) | |
|
1. |
Adisseo |
|
2. |
Asiapac (Dongguan) Bio-Technology |
|
3. |
Danisco |
|
4. |
Guangdong VTR Bio-Tech |
|
5. |
Huafen Enzymes |
|
6. |
Hunan Youtell |
|
7. |
Jiangmen Yingheng Bio Feed |
|
8. |
KDN Biotech Group |
|
9. |
Kemin |
|
10. |
Sunhy Biology |
Even though enzyme exports increased at a slower rate compared with 2011, statistics show that China's export of feed enzyme reached 8,000 tonnes in 2012, increasing by about 12% year-on-year.
* excludes phytase market size and value










