Global Feed Premix Market was valued US$ XX Bn in 2019 and is expected to grow US$ 22.5 Bn by 2027, at a CAGR of 6.6% during the forecast period.

The report study has analyzed the revenue impact of the COVID-19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.

Global Feed Premix Market: Overview

Feed premixes are complex mixtures of needed minerals, vitamins, and other nutritional additives, containing amino acids and proteins combined in the feed to surge the nutritious value of feeds. Some premixes are designed to help specific functions, for example, fish feed premixes are prepared to respond to the nutritional needs of fishes. Feed premix helps to improve the effect on farm animals and also prevents them from various health-related issues. Feed Premix also benefits the animals by strengthening the immune and reproductive systems and improving the metabolic rate levels.

Global Feed Premix Market: Dynamics

The developments in the field of compound feed & additives industry, together with rising demands for high-value animal protein such as milk, meat, and others are pressurizing livestock farmers to feed their animals with top quality feed products to increase productivity and the quality of output, increased industrial livestock production, and increased concentration on animal health to prevent disease outbreaks, are the factors boost the growth of the feed premix market. Consumers around the world are now conscious about the quality of food products they consume, especially animal protein products such as milk, meat, and others, therefore, there is a need for a high level of transparency in the supply of livestock products.

Increasing consciousness about the safety of meat and milk products, technological developments in the manufacturing process as well as wide R&D activities related to different ingredient type in developing as well as developed countries are some main factors expected to drive revenue growth of the target market. Also, feed premix enhances animal health, performance, and also focuses on animal health to prevent disease outbreak are some other factors expected to drive the revenue growth of the feed premix market.

However, the absence of consciousness among livestock farmers, concerning the benefits of feeding livestock with feed premix is a factor restraining the feed premix market. Also, the rise in the cost of feed ingredients as well as the government of numerous countries have placed a ban on the use of antibiotics, and this is noticeably a threat to the global feed premix market.

Global Feed Premix Market: Segmentation Analysis

By ingredient type, the vitamin segment is expected to hold the largest market share of the market and record a considerable CAGR by 2027. The acceptance of vitamins in feed premixes is rising as they boost physiological functions in animals, such as growth, development, and reproduction.

Global Feed Premix Market: Regional Analysis

Region-wise, the Asia Pacific region is held the largest market share for the feed premix market in 2018, thanks to the rise in numerous aquatic and poultry animal farms within the Asia Pacific region. Also, the rising commercialization of livestock farming in countries, like India and China is expected to raise the demand for feed premix products. The upward trend of meat consumption in the Asia Pacific has been raised in the production of feed premix.

North America is the second-largest market for the feed prefix market in 2018. The modification toward the use of innovative technologies by livestock farmers and the ban of certain antibiotics are a driving factor expected to drive the growth by 2027. This ban is likely to increase demand for feed premixes having feed acidifiers, enzymes, and other direct-fed microbial to grow meat production and quality. Likewise, increasing numerous health-conscious consumers together with the demand for biologically safe and chemical-residue-free meat products and milk products.

The objective of the report is to present a comprehensive analysis of the Global Feed Premix Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Feed Premix Market dynamics, structure by analyzing the market segments and project the Global Feed Premix Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Feed Premix Market make the report investor’s guide.
Scope of the Global Feed Premix Market

Global Feed Premix Market, By Ingredient Type

• Amino Acids
• Vitamins
• Minerals
• Antibiotics
• Antioxidants
• Others (Fibers, nucleotides, preservatives, organic acids, enzymes, pigments, and flavors)
Global Feed Premix Market, By Livestock

• Poultry
• Ruminants
• Swine
• Aquatic animals
• Equine
• Pets
Global Feed Premix Market, By Form

• Dry
• Liquid
Global Feed Premix Market, By Region

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in the Global Feed Premix Market

• Nutreco N.V.
• Koninklijke DSM N.V.
• Cargill
• ADM
• DLG Group
• Charoen Pokphand Foods PCL
• Land O’Lakes, Inc.
• AB Agri Ltd.
• Phibro Animal Health Corporation
• BEC Feed Solutions Pty Ltd.
• Kauno Grûdai
• Devenish Nutrition, LLC.
• Lexington Enterprises Pte. Ltd.
• De Heus Animal Nutrition BV
• Agrofeed Ltd. (Hungary)
• Cladan S.A.
• Kaesler Nutrition GmbH
• Avitech Nutrition Pvt. Ltd.
• Advanced Animal Nutrition Pty Ltd.
• Others

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