Global Feed Premix Market to Gain from Increasing Demand for Micronutrients and Macronutrients

(The Express Wire via Comtex)

Feed Premix Market Is Expected to Grasp USD 15.35 Billion by 2026, at a CAGR Of 7.75% Says Fortune Business Insights

According to the report, the global feed premix market is projected to reach USD 15.35 Billion by 2026, exhibiting a CAGR of 7.75% during the forecast period. However, the global feed premix market size was valued at USD 8.50 Billion. The global market is also anticipated to exhibit immense growth due to evolving regulatory environment and technological advancement in feeding practices.

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Vitamin Premix to Dominate Market Due to Rising Demand from Commercial Livestock Farms

In terms of type, the global feed premix market is categorized into antibiotics, vitamins, amino acids, and minerals. Out of these, in the year 2018, the vitamins segment has acquired 57.7% in the global feed premix market share. The report states that the vitamin premix segment is anticipated to retain its position throughout the forecast period by holding the largest market share. It is likely to occur due to a rise in the demand for vitamin-infused animal feed from the increasing number of commercial livestock farms. It further helps in boosting the immune system of animals. All these factors are expected to contribute to the growth of this segment in the coming years.

Fortune Business Insights lists out some of the renowned market players operating in the global feed premix market. They are as follows:

  • The Archer Daniels Midland Company
  • Koninklijke DSM N.V.
  • Nutreco N.V.
  • Cargill, Incorporated (Provimi)
  • Purina Animal Nutrition LLC
  • Kemin Industries
  • Land O’lakes, Inc.
  • De Heus Animal Nutrition
  • Alltech, Inc.
  • Zinpro Corporation

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DSM Opens its Second Premix Plant in India to Cater to the Rising Consumer Demand

In October 2018, DSM, a leading company specializing in the fields of health, nutrition, and materials, headquartered in Netherlands, unveiled its second animal nutrition and health premix plant in India. The plant is situated in Jadcherla in Mahbubnagar. DSM promised that the plant would aid in offering premix solutions for the fields of aquaculture, dairy, and poultry to fulfill the ever-increasing consumer demand in the southeastern regions of the country. Its first premix plant is located at Ambernath in Maharashtra.

Feed Premix Market Segmentation

By Type

  • Vitamins
  • Minerals
  • Amino Acids
  • Antibiotics

By Livestock

  • Poultry
  • Ruminants
  • Swine
  • Aquatic Animals
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East and Africa

Feed Premix Market Table of Content

1. Introduction

1.1.Definition, By Segment

1.2.Research Approach


2. Executive Summary

3. Market Dynamics

3.1.Drivers, Restraints, and Opportunities

3.2. Emerging Trends

4. Key Insights

4.1.Overview of the Parent/ Related Markets

4.1.1. Compound Feed Production and Consumption Trend

4.1.2. Livestock Population Growth Dynamics

4.2.Supply Chain and Regulatory Analysis

4.3.Recent Industry Developments - Policies, Partnerships, New Product Launches, and Mergers and Acquisitions

5. Global Feed Premix Market Analysis, Insights and Forecast, 2015-2026

5.1.Key Findings / Summary

5.2.Market Size Estimates and Forecasts

5.2.1. By Type (Value) Vitamins Minerals Amino Acids Antibiotics

5.2.2.By Livestock (Value) Poultry Ruminants Swine Aquatic Animals Others

5.2.3.By Region (Value) North America Europe Asia Pacific South America Middle East and Africa


Highlights of the Report

  • In-depth analysis of various insights, namely, Feed Premix Market trends, growth drivers, opportunities, and other related challenges.
  • Comprehensive details of key market players, their core competencies, and market shares.
  • The potency of suppliers and buyers to make better business decisions.
  • Lists out the market size in terms of volume.

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