Market Overview:

Feed Premix Market size was around USD 9.9 Billion in 2019, in terms of revenue. It is expected to witness a CAGR of 3.1% to reach close to USD 11 Billion by the end of 2025. Feed premixes are a mixture of vitamins, trace minerals, medicaments, feed supplements, and diluents. This mixture or blend is a combination of two or more ingredients, prepared commercially for livestock animals including poultry, ruminants, swine, and aquaculture. Feed premixes enhance feed performance as well as animal health by reducing livestock diseases. Furthermore, they assist in improving the immune system, digestion, and feed intake in animals. The common feed premixes are available in dried and liquid forms.

Market drivers and restraints:

The rising demand for industrial livestock production followed by the increasing trend of precision nutrition among feed manufacturers are driving the growth of the world feed premixes market. The quality of livestock products such as meat, eggs, milk, fur, leather, and wool are highly dependent on the feed quality and nutrition offered to the animals. Rising consciousness among farmers about the adequate nutrition levels in feed is influencing the popularity of feed premixes across the world.

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Report segmented as:

By ingredient:

Vitamins
Minerals
Amino acids
Antibiotics
Others
By livestock:

Poultry
Ruminants
Swine
Aquatic animals
Others
Geographical analysis:

On the basis of geography, the global feed premix market is segregated into regions namely North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan and Middle East & Africa. North America was the biggest market for feed premix closely followed by Asia-Pacific in 2014. The demand for the feed premix is estimated to grow in the rising markets such as India, China and Brazil by 2025.

Important market players:

The major players operating in the world feed premixes market are Cargill, Incorporated (US), Archer Daniels Midland Company (US), Nutreco N.V. (Netherlands), Koninklijke DSM N.V. (Netherlands), Koninklijke De Heus B.V. (Netherlands), Land O’lakes, Inc. (US), ForFarmers N.V. (Netherlands), Dansk Landbrugs Grovvareselskab a.m.b.a. (Denmark), Phibro Animal Health Corporation (US), and AB Agri Ltd (UK). 

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The Scope of the report:

This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.

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