Feed Premix Market Size, Demand, Trends and Opportunity 2022-2027
The latest research study “Feed
Premix Market: Global Industry Trends, Share, Size, Growth, Opportunity and
Forecast 2022-2027” by IMARC Group, finds that the global feed
premix market reached US$ 18.32 Billion in 2021. Looking
forward, IMARC Group expects the market to reach US$ 25.49 Billion by 2027,
exhibiting a growth rate (CAGR) of 5.50% during 2022-2027.
A feed premix represents a mixture
of vitamins, trace minerals, medicaments, diluents, etc., that improve the
nutritional content of the feed. It is usually prepared by selecting raw
materials and formulation, packaging, labeling, weighing, mixing, and storing
the finished premix. Feed premix provides high components to the feed to ensure
balanced and value-added ingredients. It aids in optimizing diet compositions
and enhances modern poultry production. In line with this, feed premix assists
in improving the crucial body functions of animals, including performance,
growth, fertility, immunity, etc. It offers various benefits, such as
strengthening muscle function, maintaining the acid-base balance and osmotic
pressure, controlling cell replication and differentiation, etc.
We are regularly tracking the direct
effect of COVID-19 on the market, along with the indirect
influence of associated industries. These observations will be integrated into
the report.
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Feed Premix Market Trends and
Drivers:
The escalating demand for
livestock-based products is among the key factors stimulating the feed premix
market. Apart from this, the inflating need for compound feeds to offer
nutrients to animals according to their physiological needs and growth stages
is also positively influencing the global market. Furthermore, the growing
consumer concerns towards animal wellness and health and continuous
technological advancements in the production of feed premixes are acting as
significant growth-inducing factors. Besides this, the widespread adoption of
high-value animal proteins and declining feed conversion rates are propelling
the global market. Moreover, the increasing utilization of environmentally safe
and chemical-residue-free meat and milk items is further augmenting the market
growth. Additionally, the rising investments by key market players in R&D
activities to introduce safe and nutrient-dense animal feed for improving
quality and safety while maintaining cost-effectiveness are expected to fuel
the feed premix market over the forecasted period.
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Feed Premix Market Report
Segmentation:
Competitive Landscape:
The competitive landscape of the
market has been studied in the report with the detailed profiles of the key
players operating in the market.
Alltech, Archer-Daniels-Midland
Company, Associated British Foods plc, Avitech Nutrition Pvt. Ltd, Cargill
Incorporated, Charoen Pokphand Foods PCL, Dansk Landbrugs Grovvareselskab
A.M.B.A., De Heus Animal Nutrition B.V., Kemin Industries Inc., Koninklijke DSM
N.V., Lexington Enterprises Pte. Ltd., Novus International Inc. and Nutreco
N.V. (SHV Holdings).
The report has been segmented the
market into following categories:
Breakup by Ingredient Type:
- Amino Acids
- Vitamins
- Minerals
- Antibiotics
- Antioxidants
- Others
Breakup by Form:
- Dry
- Liquid
Breakup by Livestock:
- Poultry
- Ruminants
- Swine
- Aquatic Animals
- Equine
- Pets
By Geography:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea,
Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain,
Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information
that is not currently within the scope of the report, we can provide it to you
as a part of the customization.
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About Us:
IMARC Group is a leading market
research company that offers management strategy and market research worldwide.
We partner with clients in all sectors and regions to identify their
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IMARC’s information products include
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leaders in pharmaceutical, industrial, and high technology organizations.
Market forecasts and industry analysis for biotechnology, advanced materials,
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novel processing methods are at the top of the company’s expertise.
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