Proteases for Feed Market - Global Outlook and Forecast 2022-2028

March 2022 | 76 pages | ID: P4AD351F2487EN
Market Monitor Global

Abstracts

Proteases break down complex proteins into shorter proteins, called peptides, and amino acids, which are the building blocks of protein. They are also capable of taking apart proteins that bind starch within feed ingredients, thus making more of the energy found in starch available to the animal.

This report contains market size and forecasts of Proteases for Feed in global, including the following market information:

Global Proteases for Feed Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Proteases for Feed Market Sales, 2017-2022, 2023-2028, (Kiloton)

Global top five Proteases for Feed companies in 2021 (%)

The global Proteases for Feed market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Liquid Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Proteases for Feed include Novozymes, DuPont(Danisco), AB Enzymes, Kemin, Yiduoli, Longda Bio-products and Sunhy Group, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Proteases for Feed manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Proteases for Feed Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)

Global Proteases for Feed Market Segment Percentages, by Type, 2021 (%)

• Liquid
• Powder

Global Proteases for Feed Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)

Global Proteases for Feed Market Segment Percentages, by Application, 2021 (%)

• Poultry
• Pig
• Ruminants
• Aquatic Animals
• Other

Global Proteases for Feed Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)

Global Proteases for Feed Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Proteases for Feed revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Proteases for Feed revenues share in global market, 2021 (%)

Key companies Proteases for Feed sales in global market, 2017-2022 (Estimated), (Kiloton)

Key companies Proteases for Feed sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Novozymes
• DuPont(Danisco)
• AB Enzymes
• Kemin
• Yiduoli
• Longda Bio-products
• Sunhy Group

Contents

1 INTRODUCTION TO RESEARCH & ANALYSIS REPORTS

1.1 Proteases for Feed Market Definition
1.2 Market Segments
  1.2.1 Market by Type
  1.2.2 Market by Application
1.3 Global Proteases for Feed Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
  1.5.1 Research Methodology
  1.5.2 Research Process
  1.5.3 Base Year
  1.5.4 Report Assumptions & Caveats

2 GLOBAL PROTEASES FOR FEED OVERALL MARKET SIZE

2.1 Global Proteases for Feed Market Size: 2021 VS 2028
2.2 Global Proteases for Feed Revenue, Prospects & Forecasts: 2017-2028
2.3 Global Proteases for Feed Sales: 2017-2028

3 COMPANY LANDSCAPE

3.1 Top Proteases for Feed Players in Global Market
3.2 Top Global Proteases for Feed Companies Ranked by Revenue
3.3 Global Proteases for Feed Revenue by Companies
3.4 Global Proteases for Feed Sales by Companies
3.5 Global Proteases for Feed Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 Proteases for Feed Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers Proteases for Feed Product Type
3.8 Tier 1, Tier 2 and Tier 3 Proteases for Feed Players in Global Market
  3.8.1 List of Global Tier 1 Proteases for Feed Companies
  3.8.2 List of Global Tier 2 and Tier 3 Proteases for Feed Companies

4 SIGHTS BY PRODUCT

4.1 Overview
  4.1.1 By Type - Global Proteases for Feed Market Size Markets, 2021 & 2028
  4.1.2 Liquid
  4.1.3 Powder
4.2 By Type - Global Proteases for Feed Revenue & Forecasts
  4.2.1 By Type - Global Proteases for Feed Revenue, 2017-2022
  4.2.2 By Type - Global Proteases for Feed Revenue, 2023-2028
  4.2.3 By Type - Global Proteases for Feed Revenue Market Share, 2017-2028
4.3 By Type - Global Proteases for Feed Sales & Forecasts
  4.3.1 By Type - Global Proteases for Feed Sales, 2017-2022
  4.3.2 By Type - Global Proteases for Feed Sales, 2023-2028
  4.3.3 By Type - Global Proteases for Feed Sales Market Share, 2017-2028
4.4 By Type - Global Proteases for Feed Price (Manufacturers Selling Prices), 2017-2028

5 SIGHTS BY APPLICATION

5.1 Overview
  5.1.1 By Application - Global Proteases for Feed Market Size, 2021 & 2028
  5.1.2 Poultry
  5.1.3 Pig
  5.1.4 Ruminants
  5.1.5 Aquatic Animals
  5.1.6 Other
5.2 By Application - Global Proteases for Feed Revenue & Forecasts
  5.2.1 By Application - Global Proteases for Feed Revenue, 2017-2022
  5.2.2 By Application - Global Proteases for Feed Revenue, 2023-2028
  5.2.3 By Application - Global Proteases for Feed Revenue Market Share, 2017-2028
5.3 By Application - Global Proteases for Feed Sales & Forecasts
  5.3.1 By Application - Global Proteases for Feed Sales, 2017-2022
  5.3.2 By Application - Global Proteases for Feed Sales, 2023-2028
  5.3.3 By Application - Global Proteases for Feed Sales Market Share, 2017-2028
5.4 By Application - Global Proteases for Feed Price (Manufacturers Selling Prices), 2017-2028

6 SIGHTS BY REGION

6.1 By Region - Global Proteases for Feed Market Size, 2021 & 2028
6.2 By Region - Global Proteases for Feed Revenue & Forecasts
  6.2.1 By Region - Global Proteases for Feed Revenue, 2017-2022
  6.2.2 By Region - Global Proteases for Feed Revenue, 2023-2028
  6.2.3 By Region - Global Proteases for Feed Revenue Market Share, 2017-2028
6.3 By Region - Global Proteases for Feed Sales & Forecasts
  6.3.1 By Region - Global Proteases for Feed Sales, 2017-2022
  6.3.2 By Region - Global Proteases for Feed Sales, 2023-2028
  6.3.3 By Region - Global Proteases for Feed Sales Market Share, 2017-2028
6.4 North America
  6.4.1 By Country - North America Proteases for Feed Revenue, 2017-2028
  6.4.2 By Country - North America Proteases for Feed Sales, 2017-2028
  6.4.3 US Proteases for Feed Market Size, 2017-2028
  6.4.4 Canada Proteases for Feed Market Size, 2017-2028
  6.4.5 Mexico Proteases for Feed Market Size, 2017-2028
6.5 Europe
  6.5.1 By Country - Europe Proteases for Feed Revenue, 2017-2028
  6.5.2 By Country - Europe Proteases for Feed Sales, 2017-2028
  6.5.3 Germany Proteases for Feed Market Size, 2017-2028
  6.5.4 France Proteases for Feed Market Size, 2017-2028
  6.5.5 U.K. Proteases for Feed Market Size, 2017-2028
  6.5.6 Italy Proteases for Feed Market Size, 2017-2028
  6.5.7 Russia Proteases for Feed Market Size, 2017-2028
  6.5.8 Nordic Countries Proteases for Feed Market Size, 2017-2028
  6.5.9 Benelux Proteases for Feed Market Size, 2017-2028
6.6 Asia
  6.6.1 By Region - Asia Proteases for Feed Revenue, 2017-2028
  6.6.2 By Region - Asia Proteases for Feed Sales, 2017-2028
  6.6.3 China Proteases for Feed Market Size, 2017-2028
  6.6.4 Japan Proteases for Feed Market Size, 2017-2028
  6.6.5 South Korea Proteases for Feed Market Size, 2017-2028
  6.6.6 Southeast Asia Proteases for Feed Market Size, 2017-2028
  6.6.7 India Proteases for Feed Market Size, 2017-2028
6.7 South America
  6.7.1 By Country - South America Proteases for Feed Revenue, 2017-2028
  6.7.2 By Country - South America Proteases for Feed Sales, 2017-2028
  6.7.3 Brazil Proteases for Feed Market Size, 2017-2028
  6.7.4 Argentina Proteases for Feed Market Size, 2017-2028
6.8 Middle East & Africa
  6.8.1 By Country - Middle East & Africa Proteases for Feed Revenue, 2017-2028
  6.8.2 By Country - Middle East & Africa Proteases for Feed Sales, 2017-2028
  6.8.3 Turkey Proteases for Feed Market Size, 2017-2028
  6.8.4 Israel Proteases for Feed Market Size, 2017-2028
  6.8.5 Saudi Arabia Proteases for Feed Market Size, 2017-2028
  6.8.6 UAE Proteases for Feed Market Size, 2017-2028

7 MANUFACTURERS & BRANDS PROFILES

7.1 Novozymes
  7.1.1 Novozymes Corporate Summary
  7.1.2 Novozymes Business Overview
  7.1.3 Novozymes Proteases for Feed Major Product Offerings
  7.1.4 Novozymes Proteases for Feed Sales and Revenue in Global (2017-2022)
  7.1.5 Novozymes Key News
7.2 DuPont(Danisco)
  7.2.1 DuPont(Danisco) Corporate Summary
  7.2.2 DuPont(Danisco) Business Overview
  7.2.3 DuPont(Danisco) Proteases for Feed Major Product Offerings
  7.2.4 DuPont(Danisco) Proteases for Feed Sales and Revenue in Global (2017-2022)
  7.2.5 DuPont(Danisco) Key News
7.3 AB Enzymes
  7.3.1 AB Enzymes Corporate Summary
  7.3.2 AB Enzymes Business Overview
  7.3.3 AB Enzymes Proteases for Feed Major Product Offerings
  7.3.4 AB Enzymes Proteases for Feed Sales and Revenue in Global (2017-2022)
  7.3.5 AB Enzymes Key News
7.4 Kemin
  7.4.1 Kemin Corporate Summary
  7.4.2 Kemin Business Overview
  7.4.3 Kemin Proteases for Feed Major Product Offerings
  7.4.4 Kemin Proteases for Feed Sales and Revenue in Global (2017-2022)
  7.4.5 Kemin Key News
7.5 Yiduoli
  7.5.1 Yiduoli Corporate Summary
  7.5.2 Yiduoli Business Overview
  7.5.3 Yiduoli Proteases for Feed Major Product Offerings
  7.5.4 Yiduoli Proteases for Feed Sales and Revenue in Global (2017-2022)
  7.5.5 Yiduoli Key News
7.6 Longda Bio-products
  7.6.1 Longda Bio-products Corporate Summary
  7.6.2 Longda Bio-products Business Overview
  7.6.3 Longda Bio-products Proteases for Feed Major Product Offerings
  7.6.4 Longda Bio-products Proteases for Feed Sales and Revenue in Global (2017-2022)
  7.6.5 Longda Bio-products Key News
7.7 Sunhy Group
  7.7.1 Sunhy Group Corporate Summary
  7.7.2 Sunhy Group Business Overview
  7.7.3 Sunhy Group Proteases for Feed Major Product Offerings
  7.7.4 Sunhy Group Proteases for Feed Sales and Revenue in Global (2017-2022)
  7.7.5 Sunhy Group Key News

8 GLOBAL PROTEASES FOR FEED PRODUCTION CAPACITY, ANALYSIS

8.1 Global Proteases for Feed Production Capacity, 2017-2028
8.2 Proteases for Feed Production Capacity of Key Manufacturers in Global Market
8.3 Global Proteases for Feed Production by Region

9 KEY MARKET TRENDS, OPPORTUNITY, DRIVERS AND RESTRAINTS

9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints

10 PROTEASES FOR FEED SUPPLY CHAIN ANALYSIS

10.1 Proteases for Feed Industry Value Chain
10.2 Proteases for Feed Upstream Market
10.3 Proteases for Feed Downstream and Clients
10.4 Marketing Channels Analysis
  10.4.1 Marketing Channels
  10.4.2 Proteases for Feed Distributors and Sales Agents in Global

11 CONCLUSION

12 APPENDIX

12.1 Note
12.2 Examples of Clients
12.3 Disclaimer

List Of Tables

LIST OF TABLES

Table 1. Key Players of Proteases for Feed in Global Market
Table 2. Top Proteases for Feed Players in Global Market, Ranking by Revenue (2021)
Table 3. Global Proteases for Feed Revenue by Companies, (US$, Mn), 2017-2022
Table 4. Global Proteases for Feed Revenue Share by Companies, 2017-2022
Table 5. Global Proteases for Feed Sales by Companies, (Kiloton), 2017-2022
Table 6. Global Proteases for Feed Sales Share by Companies, 2017-2022
Table 7. Key Manufacturers Proteases for Feed Price (2017-2022) & (US$/Ton)
Table 8. Global Manufacturers Proteases for Feed Product Type
Table 9. List of Global Tier 1 Proteases for Feed Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Proteases for Feed Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global Proteases for Feed Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Global Proteases for Feed Revenue (US$, Mn), 2017-2022
Table 13. By Type - Global Proteases for Feed Revenue (US$, Mn), 2023-2028
Table 14. By Type - Global Proteases for Feed Sales (Kiloton), 2017-2022
Table 15. By Type - Global Proteases for Feed Sales (Kiloton), 2023-2028
Table 16. By Application – Global Proteases for Feed Revenue, (US$, Mn), 2021 & 2028
Table 17. By Application - Global Proteases for Feed Revenue (US$, Mn), 2017-2022
Table 18. By Application - Global Proteases for Feed Revenue (US$, Mn), 2023-2028
Table 19. By Application - Global Proteases for Feed Sales (Kiloton), 2017-2022
Table 20. By Application - Global Proteases for Feed Sales (Kiloton), 2023-2028
Table 21. By Region – Global Proteases for Feed Revenue, (US$, Mn), 2021 VS 2028
Table 22. By Region - Global Proteases for Feed Revenue (US$, Mn), 2017-2022
Table 23. By Region - Global Proteases for Feed Revenue (US$, Mn), 2023-2028
Table 24. By Region - Global Proteases for Feed Sales (Kiloton), 2017-2022
Table 25. By Region - Global Proteases for Feed Sales (Kiloton), 2023-2028
Table 26. By Country - North America Proteases for Feed Revenue, (US$, Mn), 2017-2022
Table 27. By Country - North America Proteases for Feed Revenue, (US$, Mn), 2023-2028
Table 28. By Country - North America Proteases for Feed Sales, (Kiloton), 2017-2022
Table 29. By Country - North America Proteases for Feed Sales, (Kiloton), 2023-2028
Table 30. By Country - Europe Proteases for Feed Revenue, (US$, Mn), 2017-2022
Table 31. By Country - Europe Proteases for Feed Revenue, (US$, Mn), 2023-2028
Table 32. By Country - Europe Proteases for Feed Sales, (Kiloton), 2017-2022
Table 33. By Country - Europe Proteases for Feed Sales, (Kiloton), 2023-2028
Table 34. By Region - Asia Proteases for Feed Revenue, (US$, Mn), 2017-2022
Table 35. By Region - Asia Proteases for Feed Revenue, (US$, Mn), 2023-2028
Table 36. By Region - Asia Proteases for Feed Sales, (Kiloton), 2017-2022
Table 37. By Region - Asia Proteases for Feed Sales, (Kiloton), 2023-2028
Table 38. By Country - South America Proteases for Feed Revenue, (US$, Mn), 2017-2022
Table 39. By Country - South America Proteases for Feed Revenue, (US$, Mn), 2023-2028
Table 40. By Country - South America Proteases for Feed Sales, (Kiloton), 2017-2022
Table 41. By Country - South America Proteases for Feed Sales, (Kiloton), 2023-2028
Table 42. By Country - Middle East & Africa Proteases for Feed Revenue, (US$, Mn), 2017-2022
Table 43. By Country - Middle East & Africa Proteases for Feed Revenue, (US$, Mn), 2023-2028
Table 44. By Country - Middle East & Africa Proteases for Feed Sales, (Kiloton), 2017-2022
Table 45. By Country - Middle East & Africa Proteases for Feed Sales, (Kiloton), 2023-2028
Table 46. Novozymes Corporate Summary
Table 47. Novozymes Proteases for Feed Product Offerings
Table 48. Novozymes Proteases for Feed Sales (Kiloton), Revenue (US$, Mn) and Average Price (US$/Ton) (2017-2022)
Table 49. DuPont(Danisco) Corporate Summary
Table 50. DuPont(Danisco) Proteases for Feed Product Offerings
Table 51. DuPont(Danisco) Proteases for Feed Sales (Kiloton), Revenue (US$, Mn) and Average Price (US$/Ton) (2017-2022)
Table 52. AB Enzymes Corporate Summary
Table 53. AB Enzymes Proteases for Feed Product Offerings
Table 54. AB Enzymes Proteases for Feed Sales (Kiloton), Revenue (US$, Mn) and Average Price (US$/Ton) (2017-2022)
Table 55. Kemin Corporate Summary
Table 56. Kemin Proteases for Feed Product Offerings
Table 57. Kemin Proteases for Feed Sales (Kiloton), Revenue (US$, Mn) and Average Price (US$/Ton) (2017-2022)
Table 58. Yiduoli Corporate Summary
Table 59. Yiduoli Proteases for Feed Product Offerings
Table 60. Yiduoli Proteases for Feed Sales (Kiloton), Revenue (US$, Mn) and Average Price (US$/Ton) (2017-2022)
Table 61. Longda Bio-products Corporate Summary
Table 62. Longda Bio-products Proteases for Feed Product Offerings
Table 63. Longda Bio-products Proteases for Feed Sales (Kiloton), Revenue (US$, Mn) and Average Price (US$/Ton) (2017-2022)
Table 64. Sunhy Group Corporate Summary
Table 65. Sunhy Group Proteases for Feed Product Offerings
Table 66. Sunhy Group Proteases for Feed Sales (Kiloton), Revenue (US$, Mn) and Average Price (US$/Ton) (2017-2022)
Table 67. Proteases for Feed Production Capacity (Kiloton) of Key Manufacturers in Global Market, 2020-2022 (Kiloton)
Table 68. Global Proteases for Feed Capacity Market Share of Key Manufacturers, 2020-2022
Table 69. Global Proteases for Feed Production by Region, 2017-2022 (Kiloton)
Table 70. Global Proteases for Feed Production by Region, 2023-2028 (Kiloton)
Table 71. Proteases for Feed Market Opportunities & Trends in Global Market
Table 72. Proteases for Feed Market Drivers in Global Market
Table 73. Proteases for Feed Market Restraints in Global Market
Table 74. Proteases for Feed Raw Materials
Table 75. Proteases for Feed Raw Materials Suppliers in Global Market
Table 76. Typical Proteases for Feed Downstream
Table 77. Proteases for Feed Downstream Clients in Global Market
Table 78. Proteases for Feed Distributors and Sales Agents in Global Market

List Of Figures

LIST OF FIGURES

Figure 1. Proteases for Feed Segment by Type
Figure 2. Proteases for Feed Segment by Application
Figure 3. Global Proteases for Feed Market Overview: 2021
Figure 4. Key Caveats
Figure 5. Global Proteases for Feed Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Proteases for Feed Revenue, 2017-2028 (US$, Mn)
Figure 7. Proteases for Feed Sales in Global Market: 2017-2028 (Kiloton)
Figure 8. The Top 3 and 5 Players Market Share by Proteases for Feed Revenue in 2021
Figure 9. By Type - Global Proteases for Feed Sales Market Share, 2017-2028
Figure 10. By Type - Global Proteases for Feed Revenue Market Share, 2017-2028
Figure 11. By Type - Global Proteases for Feed Price (US$/Ton), 2017-2028
Figure 12. By Application - Global Proteases for Feed Sales Market Share, 2017-2028
Figure 13. By Application - Global Proteases for Feed Revenue Market Share, 2017-2028
Figure 14. By Application - Global Proteases for Feed Price (US$/Ton), 2017-2028
Figure 15. By Region - Global Proteases for Feed Sales Market Share, 2017-2028
Figure 16. By Region - Global Proteases for Feed Revenue Market Share, 2017-2028
Figure 17. By Country - North America Proteases for Feed Revenue Market Share, 2017-2028
Figure 18. By Country - North America Proteases for Feed Sales Market Share, 2017-2028
Figure 19. US Proteases for Feed Revenue, (US$, Mn), 2017-2028
Figure 20. Canada Proteases for Feed Revenue, (US$, Mn), 2017-2028
Figure 21. Mexico Proteases for Feed Revenue, (US$, Mn), 2017-2028
Figure 22. By Country - Europe Proteases for Feed Revenue Market Share, 2017-2028
Figure 23. By Country - Europe Proteases for Feed Sales Market Share, 2017-2028
Figure 24. Germany Proteases for Feed Revenue, (US$, Mn), 2017-2028
Figure 25. France Proteases for Feed Revenue, (US$, Mn), 2017-2028
Figure 26. U.K. Proteases for Feed Revenue, (US$, Mn), 2017-2028
Figure 27. Italy Proteases for Feed Revenue, (US$, Mn), 2017-2028
Figure 28. Russia Proteases for Feed Revenue, (US$, Mn), 2017-2028
Figure 29. Nordic Countries Proteases for Feed Revenue, (US$, Mn), 2017-2028
Figure 30. Benelux Proteases for Feed Revenue, (US$, Mn), 2017-2028
Figure 31. By Region - Asia Proteases for Feed Revenue Market Share, 2017-2028
Figure 32. By Region - Asia Proteases for Feed Sales Market Share, 2017-2028
Figure 33. China Proteases for Feed Revenue, (US$, Mn), 2017-2028
Figure 34. Japan Proteases for Feed Revenue, (US$, Mn), 2017-2028
Figure 35. South Korea Proteases for Feed Revenue, (US$, Mn), 2017-2028
Figure 36. Southeast Asia Proteases for Feed Revenue, (US$, Mn), 2017-2028
Figure 37. India Proteases for Feed Revenue, (US$, Mn), 2017-2028
Figure 38. By Country - South America Proteases for Feed Revenue Market Share, 2017-2028
Figure 39. By Country - South America Proteases for Feed Sales Market Share, 2017-2028
Figure 40. Brazil Proteases for Feed Revenue, (US$, Mn), 2017-2028
Figure 41. Argentina Proteases for Feed Revenue, (US$, Mn), 2017-2028
Figure 42. By Country - Middle East & Africa Proteases for Feed Revenue Market Share, 2017-2028
Figure 43. By Country - Middle East & Africa Proteases for Feed Sales Market Share, 2017-2028
Figure 44. Turkey Proteases for Feed Revenue, (US$, Mn), 2017-2028
Figure 45. Israel Proteases for Feed Revenue, (US$, Mn), 2017-2028
Figure 46. Saudi Arabia Proteases for Feed Revenue, (US$, Mn), 2017-2028
Figure 47. UAE Proteases for Feed Revenue, (US$, Mn), 2017-2028
Figure 48. Global Proteases for Feed Production Capacity (Kiloton), 2017-2028
Figure 49. The Percentage of Production Proteases for Feed by Region, 2021 VS 2028
Figure 50. Proteases for Feed Industry Value Chain
Figure 51. Marketing Channels