Global Feed Premix Market 2018-2022
About this market
The increase in capacity expansions and new plants will boost the market growth. The rise in demand for food premixes has been attracting producers to expand their food capacities. Hence, the market has gone many expansions. Technavio’s analysts have predicted that the feed premix market will register a CAGR of more than 3% by 2022.
Increased focus on animal health to prevent disease outbreaks
Rise in the prevalence of animal diseases is a serious concern for the feed industry. Ingredients used in the feed premixes are monitored closely because of the increase in the number of outbreaks.
Though feed premixes are extensively used in feed additives and animal nutrients compounds, strict rules and regulations by regulatory bodies pose a serious challenge to the growth of the global food premix market.
For the detailed list of factors that will drive and challenge the growth of the feed premix market during the 2018-2022, view our report.
The market appears to be concentrated and with the presence of few companies including Cargill and DLG the competitive environment is quite intense. Factors such as the capacity expansion and new plants and high demand for poultry feed premixes will provide considerable growth opportunities to feed premix manufactures. Archer Daniels Midland Company, Cargill, DLG, Koninklijke DSM, Nutreco, and Royal Agrifirm Group are some of the major companies covered in this report.
‘With the presence of a considerable number of companies, this market appears to be concentrated. This market research report will help clients identify new growth opportunities. The product revolutions, product and service extensions, and strategic mergers and acquisitions will strengthen the competitive environment of the market.’
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