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eFL Research


Southeast Asia* and India Enzyme Market Report
*Countries covered are Indonesia, Malaysia, Philippines, Thailand, Vietnam

 


Introduction

The gravity of Asia's third largest economy, India, with a robust projected growth of over 5% annually and over US$4.7 trillion in purchasing power parity is apparent. Meanwhile, the combined purchasing power parity of Indonesia, Malaysia, Thailand, Philippines and Vietnam at US$2.87 trillion speaks volumes for the huge potential of the five emerging markets. With the growth of the Southeast Asian region projected to average 5.5% over 2013-17, the livestock markets are bound to boom in tandem with as meat consumption soars in the wealthier societies.
 

This study researches on the feed enzyme markets of India, Indonesia, Malaysia, Thailand, Philippines and Vietnam, with the aim to help market participants and interested parties gain a deeper understanding of these lucrative markets, which are easily neglected due to lack of information. Valuable knowledge of end users' usage habits and needs, perception of enzymes, and evaluation of major brands among others will give businesses the edge over competitors.
 

 

Methodology

The market overview of the enzyme industry of each country will be substantiated with government data, verified with industry sources and compared against eFeedlink's proprietary model based on feed and livestock data.
 
Furthermore, interviews will be conducted with industry participants, including animal and feed producers, who will evaluate the performance of major enzyme producers in the country and provide insights to their needs and perceptions of enzyme.

 


Respondents

The qualitative interviews will take place among key opinion leaders such as people within the associations and government officials to give a greater insight on the overview of the feed enzyme industry, in particular the market size, market value, demand, supply and consumption.


Furthermore, to better understand the end users' usage habits and needs, perception of enzymes, and evaluation of major brands, the quantitative interviews will be conducted among managers and nutritionists from big to medium sized feed mills and farms. The average sampling size of each country is 25 and the following table shows detailed breakdown.
 

Country

Sampling size

Feed Manufacturer

Swine Farm

Poultry Farm

Total

Indonesia

10

3

7

20

Malaysia

9

2

4

15

Philippines

9

2

4

15

Thailand

10

3

7

20

Vietnam

10

5

5

20

India

20

5

10

35

 


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