The global demand for Feed Premix Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
The feed premix refers to a feed that consists of two or more varieties of nutritional feed additives mixed with a carrier in a specific proportion. It consists of vitamins, amino acids, minerals, and antibiotic additives. The premix ensures the accuracy of the additives (mixed and distributed) throughout the animal feed, thereby helps in maintaining proper homogenization of the additives.
Market Dynamics
The growing feed demand globally due to the increased consumption of livestock-based products is driving the growth of the feed premix market. The exponential increase in the commercialization of livestock farming activities has drawn dramatic changes in the feeding practices. The increased awareness about the benefits of feed premix among livestock farmers also contributes to better product penetration in the global market. The increased awareness among end-users about the quality of animal protein products drives the supply-chain of livestock products. On the other hand, the ongoing pandemic is anticipated to threaten the food supply across the globe. With more and more countries entering lock-down states, human and livestock populations may witness disruptions in the supply chain. This factor acts as a grave challenge for the feed premix market.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of feed premix.
Market Segmentation
The entire feed premix market has been sub-categorized into ingredient type, livestock and form. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Ingredient Type
- Amino Acids
- Vitamins
- Minerals
- Antibiotics
- Antioxidants
- Others
- Fibers
- Nucleotides
- Preservatives
- Organic Acids
- Enzymes
- Pigments
- Flavors
By Livestock
- Poultry
- Ruminants
- Swine
- Aquatic animals
- Equine
- Pets
By Form
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for feed premix market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Feed Premix Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the feed premix market include Nutreco N.V., Koninklijke DSM, Cargill, ADM, DLG Group, Charoen Pokphand Foods PCL, Land O'Lakes, Inc., AB Agri Ltd., Phibro Animal Health Corporation, BEC Feed Solutions Pty Ltd., KaunoGrûdai, Devenish Nutrition, LLC, Lexington Enterprises Pte. Ltd., Others. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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