According to The Association of American Feed Control officials (AAFCO, 2000), premix is termed as ‘a uniform mixture of one or more micro-ingredients with diluent and/or carrier.’ These ingredients are usually required in small amounts (micrograms or parts per million) and are not intended for direct feeding to animals.
This report estimates the size of the global market in terms of value. The market for feed premix is projected to grow at a CAGR of 3.0% to reach USD 10.26 Billion in 2020. The market was dominated by the Asia-Pacific region in 2014 where China, India, and Indonesia were the important consumers in 2014. Drivers, restraints, opportunities, and challenges of the market are also discussed in detail in the report. In the next five years, vitamins are projected to gain better prospects as the fastest growing segment in various geographic regions. The application of feed premix is projected to witness strong demand from poultry and ruminant breeding industries.
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This report provides the complete analysis of key global players in the feed premix market, with a clear insight on developments, trends, and their product portfolio. This report includes the profile of the leading players of this industry such as Koninklijke DSM N.V. (The Netherlands), Cargill, Incorporated (U.S.), Nutreco N.V. (The Netherlands), InVivo Nutrition Et Sante Animales (France), and Archer Daniels Midland Company (U.S.). With a huge opportunity in the market, the business segments and product portfolio of these companies have been undergoing a significant shift to be organized into a structurally and strategically strong market force.
Our current competitive scenario of feed premix market provides valuable inputs that can validate the strategic decisions to be employed in the future by feed premix manufacturers. Companies engaged in the development and marketing of feed premix portfolio comprising vitamins, minerals, and amino acids can avail a concrete view about the market structure in key countries. The report projects the analytical and qualitative requirements for important stakeholders involved in this market such as compound feed manufacturers & traders, feed formulators, specialty ingredient manufacturers, and pet food industries.
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