Feed Premix Market By Type (Vitamin Premix, Mineral Premix, Amino Acid Premix, Nucleotide Premix, Fiber Premix, Nutraceutical Premix), Form (Powder And Liquid), Application (Poultry Feed, Ruminant Feed, Swine Feed, Aqua Feed), And Geography- Global Opportunity Analysis And Industry Forecast (2018 – 2023)
Global Feed Premixes Market by Type (Vitamin Premixes, Mineral Premixes, Amino Acid Premixes, Nucleotide Premixes, Fiber Premixes, Nutraceutical Premixes), Form (Powder and Liquid), and Application (Poultry Feed, Ruminant Feed, Swine Feed, Aqua Feed) - Global Opportunity Analysis and Industry Forecast (2018–2023)
The research report titled “Global Feed Premixes Market by Type (Vitamin Premixes, Mineral Premixes, Amino Acid Premixes, Nucleotide Premixes, Fiber Premixes, Nutraceutical Premixes), Form (Powder and Liquid), and Application (Poultry Feed, Ruminant Feed, Swine Feed, Aqua Feed) - Global Opportunity Analysis and Industry Forecast (2018–2023)” provides in-depth analysis of feed premixes market in five major geographies and emphasizes on the current market trends, market size, market share, recent developments, and forecast till 2023. Global feed premixes market is expected to reach USD 10,491.4 million by 2023, at a CAGR of 3.5% during the forecast period of 2018 to 2023.
The growth of this market is mainly attributed to feed premixes’ convenience in usage as a single ingredient over multiple ingredients, increasing demand for compound animal feed, and increased awareness regarding safety of meat products. In addition, emerging economies, particularly Southeast Asia, Latin America, and Africa provide significant opportunity for the manufacturers in the global feed premixes market. However, regulatory structure and intervention and technical problems during storage and handling procedures hinder the growth of the global feed premixes market to some extent.
The study offers a comprehensive analysis of feed premixes market with respect to various product types and applications. The global feed premixes market is segmented on the basis of type (vitamin premixes, mineral premixes, amino acid premixes, nucleotide premixes, fiber premixes, nutraceutical premixes, and others), form (powder and liquid), and application (poultry feed, ruminant feed, swine feed, aqua feed, and others).
On the basis of type, nucleotide premixes are set to witness strong gain in demand during the forecast period due to growing focus on nutritional supplementation to poultry birds and pets. Also, on the basis of end users, poultry feed segment commanded the largest share of the global feed premixes market in 2017 due to rising poultry meat consumption and poultry farming, especially in developing regions such as Asia Pacific and South America.
Geographically, the market is segmented into five major geographies, namely North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Asia-Pacific region dominated the global feed premixes market in 2017. The largest share of this region is mainly attributed to growing compound animal feed industry; increasing demand for pet food supplementation in emerging and developing countries including India, China, Indonesia, and Thailand; and rising investments from major players in the region.
The key players operating in the global feed premixes market are Koninklijke DSM N.V. (The Netherlands), BASF SE (Germany),Archer Daniels Midland Company (U.S.), Cargill, Incorporated (U.S.), Nutreco N.V. (The Netherlands), InVivo Group (France), Jubilant Life Sciences Ltd. (India), Koninklijke Coöperatie Agrifirm U.A. (The Netherlands), Dansk Landbrugs Grovvareselskab A.M.B.A. (Denmark), Phibro Animal Health Corporation (U.S.), Purina Animal Nutrition LLC (U.S.), Burkmann Industries Inc. (U.S.), Danish Agro A.M.B.A. (Denmark), and De Heus Group (The Netherlands).
Scope of the Study
Market, by Type
Amino Acid Premixes
Market, by Form
Market, By Application
Market, by Geography
Rest of Europe (RoE)
Rest of APAC (RoAPAC)
Rest of World
Rest of Latin America (RoLATAM)
Middle East & Africa
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