Table of Content

1 INTRODUCTION 29
1.1 OBJECTIVES OF THE STUDY 29
1.2 MARKET DEFINITION 30
1.3 STUDY SCOPE 30
FIGURE 1 FEED PREMIX MARKET SEGMENTATION 30
1.4 INCLUSIONS & EXCLUSIONS 31
FIGURE 2 REGIONAL SEGMENTATION 32
1.5 PERIODIZATION CONSIDERED 32
1.6 CURRENCY CONSIDERED 33
TABLE 1 USD EXCHANGE RATE, 2017–2019 33
1.7 UNIT CONSIDERED 33
1.8 STAKEHOLDERS 34
1.9 SUMMARY OF CHANGES 34
2 RESEARCH METHODOLOGY 35
2.1 RESEARCH DATA 35
FIGURE 3 RESEARCH DESIGN 35
2.1.1 SECONDARY RESEARCH 36
2.1.2 PRIMARY RESEARCH 36
2.1.2.1 Key data from primary sources 36
2.1.2.2 Market data from primary sources 37
2.1.2.3 Breakdown of primaries 37
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 37
2.2 MARKET SIZE ESTIMATION 38
2.3 FACTOR ANALYSIS 38
2.3.1 INTRODUCTION 38
2.3.2 DEMAND-SIDE ANALYSIS 38
2.3.2.1 Food security for the growing population 39
FIGURE 5 GLOBAL POPULATION PROJECTED TO REACH ~9.5 BILLION BY 2048 39
2.3.2.2 Developing economies 39
2.3.2.2.1 Increase in middle-class population, 2009–2030 39
FIGURE 6 MIDDLE-CLASS POPULATION IN ASIA PACIFIC IS PROJECTED TO GROW
AND ACCOUNT FOR A MAJOR SHARE IN THE GLOBAL MARKET BY 2030 40
2.3.2.2.2 GDP (PPP), 2013 40
FIGURE 7 TOP 5 ECONOMIES BASED ON GDP (PPP): US, CHINA, INDIA, JAPAN,
AND GERMANY, 2013 40
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2.3.3 INCREASE IN GLOBAL MEAT CONSUMPTION 41
FIGURE 8 GLOBAL MEAT CONSUMPTION, BY MEAT TYPE, 2014–2019 (MILLION TON) 41
2.3.4 SUPPLY-SIDE ANALYSIS 42
2.3.4.1 Number of new feed premix products launched 42
2.3.4.2 Rise in cost of natural feed products 42
FIGURE 9 INCREASING COST OF SOYBEAN MEAL, 2015–2019 (USD/METRIC TONS) 42
2.3.4.3 Key industry insights 43
2.4 MARKET SIZE ESTIMATION 44
FIGURE 10 FEED PREMIX MARKET SIZE ESTIMATION – SUPPLY-SIDE (1/2) 44
FIGURE 11 FEED PREMIX MARKET SIZE ESTIMATION – SUPPLY-SIDE (2/2) 45
FIGURE 12 FEED PREMIX MARKET SIZE ESTIMATION – DEMAND-SIDE 45
2.4.1 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH 46
FIGURE 13 FEED PREMIX MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH 46
2.4.2 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 47
FIGURE 14 FEED PREMIX MARKET SIZE ESTIMATION: TOP-DOWN APPROACH 47
2.5 DATA TRIANGULATION 48
FIGURE 15 DATA TRIANGULATION METHODOLOGY 48
2.6 RESEARCH ASSUMPTIONS 49
2.7 LIMITATIONS 49
2.8 SCENARIO BASED MODELLING 50
2.9 COVID-19 HEALTH ASSESSMENT 50
FIGURE 16 COVID-19 PROPAGATION 50
FIGURE 17 COVID-19 PROPAGATION: SELECT COUNTRIES 51
2.10 COVID-19 ECONOMIC ASSESSMENT 52
FIGURE 18 REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020 52
2.10.1 COVID-19 ECONOMIC IMPACT: SCENARIO ASSESSMENT 53
FIGURE 19 CRITERIA IMPACTING GLOBAL ECONOMY 53
FIGURE 20 SCENARIOS IN TERMS OF RECOVERY OF GLOBAL ECONOMY 54
3 EXECUTIVE SUMMARY 56
TABLE 2 FEED PREMIX MARKET SNAPSHOT, 2021 VS. 2026 57
FIGURE 21 IMPACT OF COVID-19 ON THE FEED PREMIX MARKET SIZE, BY SCENARIO, 2020 VS. 2021 (USD BILLION) 57
FIGURE 22 FEED PREMIX MARKET SIZE, BY INGREDIENT TYPE,
2021 VS. 2026 (USD BILLION) 58
FIGURE 23 FEED PREMIX MARKET SIZE, BY LIVESTOCK, 2021 VS. 2026 (USD BILLION) 59
FIGURE 24 FEED PREMIX MARKET SIZE, BY FORM, 2021 VS. 2026 (USD BILLION) 59
FIGURE 25 FEED PREMIX MARKET SNAPSHOT: ASIA PACIFIC ACCOUNTED FOR THE LARGEST SHARE, 2020 60
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4 PREMIUM INSIGHTS 61
4.1 ATTRACTIVE OPPORTUNITIES IN THE FEED PREMIX MARKET 61
FIGURE 26 THE FEED PREMIX MARKET IS AN EMERGING WITH PROMISING GROWTH POTENTIAL 61
4.2 ASIA PACIFIC: FEED PREMIX MARKET, BY KEY APPLICATION AND COUNTRY 62
FIGURE 27 ASIA PACIFIC: CHINA ACCOUNTED FOR THE LARGEST MARKET FOR FEED PREMIX IN 2020 62
4.3 FEED PREMIX MARKET, BY INGREDIENT TYPE 62
FIGURE 28 FEED PREMIX MARKET, B INGREDIENT TYPE, 2019–2026 (USD MILLION) 62
4.4 FEED PREMIX MARKET SHARE (BY VALUE), BY FORM, 2020 63
4.5 FEED PREMIX MARKET, BY COUNTRY 63
FIGURE 29 RUSSIA AND CHINA ARE PROJECTED TO GROW AT THE HIGHEST CAGR DURING THE REVIEW PERIOD 63
4.6 COVID-19 IMPACT ON THE FEED PREMIX MARKET 64
FIGURE 30 COVID-19 IMPACT ON THE FEED PREMIX MARKET BETWEEN 2020 AND 2021 64
5 MARKET OVERVIEW 65
5.1 INTRODUCTION 65
5.2 MARKET DYNAMICS 65
FIGURE 31 FEED PREMIX MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,
AND CHALLENGES 65
5.2.1 DRIVERS 66
5.2.1.1 Increase in the demand and consumption of livestock-based products 66
FIGURE 32 MAJOR MEAT PRODUCING REGIONS/COUNTRIES, 2015–2017 (KT) 66
FIGURE 33 MAJOR BOVINE MEAT PRODUCING REGIONS/COUNTRIES, 2015–2017 (KT) 67
FIGURE 34 MAJOR SWINE MEAT PRODUCING REGIONS/COUNTRIES, 2015–2017 (KT) 67
FIGURE 35 ANIMAL-BASED PRODUCT CONSUMPTION, BY COMMODITY,
1967–2030 (MILLION TON) 68
5.2.1.2 Growth in feed production 68
FIGURE 36 FEED PRODUCTION TREND, 2013–2017 (MILLION TON) 68
FIGURE 37 REGIONAL FEED PRODUCTION SNAPSHOT, 2017 (MILLION TON) 69
FIGURE 38 LEADING FEED PRODUCING COUNTRIES, 2017 (MILLION TON) 69
5.2.1.3 Standardization of meat products owing to disease outbreaks 70
5.2.1.4 Growth in compound feed consumption 70
TABLE 3 CONCERN FOR ANIMAL HEALTH & COMPOUND FEED CONSUMPTION PROPEL THE DEMAND FOR FEED PREMIXES 71
5.2.2 RESTRAINTS 71
5.2.2.1 Ban on antibiotics in different countries 71
5.2.2.2 Increase in cost of feed ingredients 71
5.2.2.3 Stringent regulatory framework 72
5.2.3 OPPORTUNITIES 72
5.2.3.1 Developing countries emerge as strong consumers of feed premixes 72
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5.2.4 CHALLENGES 73
5.2.4.1 Identify and adapt to local customer requirements 73
5.2.4.2 Sustainability of feed and livestock chain 73
5.3 RAW MATERIAL ANALYSIS 73
5.3.1 TOTAL PRODUCTION OF FEED INGREDIENTS AND THEIR USAGE IN FEED 73
FIGURE 39 TOTAL CORN PRODUCTION AND USAGE IN FEED, 2006–2018 (KT) 74
FIGURE 40 TOTAL WHEAT PRODUCTION AND USAGE IN FEED, 2006–2018 (KT) 74
FIGURE 41 TOTAL BARLEY PRODUCTION AND USAGE IN FEED, 2006–2018 (KT) 75
FIGURE 42 TOTAL SORGHUM PRODUCTION AND USAGE IN FEED, 2006–2018 (KT) 75
FIGURE 43 TOTAL OATS PRODUCTION AND USAGE IN FEED, 2006–2018 (KT) 76
FIGURE 44 TOTAL PRODUCTION AND USAGE IN FEED, 2006–2018 (KT) 76
FIGURE 45 TOTAL MILLET PRODUCTION AND USAGE IN FEED, 2006–2018 (KT) 77
5.4 IMPACT OF COVID-19 77
5.5 EFFECT ON GLOBAL MEAT CONSUMPTION 77
5.6 EFFECTS ON ANIMAL HEALTH 78
5.7 EFFECTS ON FEED CONSUMPTION 78
5.8 REGULATORY ENVIRONMENT 79
5.8.1 EUROPEAN UNION 79
5.8.2 US 79
5.8.3 CHINA 79
5.8.4 CANADA 80
6 INDUSTRY TRENDS 81
6.1 INTRODUCTION 81
6.2 TECHNOLOGY ANALYSIS 81
6.2.1 AGGLOMERATION (PELLETIZING) 81
6.3 PRICING ANALYSIS 81
TABLE 4 FEED PREMIX MARKET PRICE ANALYSIS 81
FIGURE 46 PRICE ANALYSIS OF FEED RAW MATERIALS, 2006–2017 (USD/MT) 82
6.4 PATENT ANALYSIS 82
FIGURE 47 NUMBER OF PATENTS GRANTED IN A YEAR OVER THE LAST 10 YEARS 82
FIGURE 48 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT DOCUMENTS 83
TABLE 5 SOME OF THE PATENTS PERTAINING TO FEED PREMIX, 2019–2020 83
TABLE 6 COMPANY MARKET ECOSYSTEM 84
6.5 ADJACENT MARKET SCENARIO 85
FIGURE 49 COMPOUND FEED PRODUCTION SHARE (VOLUME), BY KEY COUNTRY/REGION, 2016 85
FIGURE 50 ANIMAL FEED CONSUMED, BY LIVESTOCK, 2016 (MILLION TON) 85
FIGURE 51 GLOBAL LIVESTOCK PRODUCTION INDEX, 2000–2013 86
6.6 YC & YCC SHIFT 86
FIGURE 52 YC & YCC SHIFT: FEED PREMIX 86
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6.7 VALUE CHAIN ANALYSIS 87
FIGURE 53 R&D AND RAW MATERIALS & MANUFACTURING: MAJOR PHASES OF VALUE ADDITION 87
6.7.1 R&D OF PRODUCT 87
6.7.2 RAW MATERIALS & MANUFACTURING 88
6.7.3 ASSEMBLY 88
6.7.4 DISTRIBUTION 88
6.7.5 MARKETING & SALES 88
6.8 PORTER?S FIVE FORCES ANALYSIS 88
TABLE 7 FEED PREMIX MARKET SIZE, PORTERS FIVE FORCES ANALYSIS 88
6.8.1 DEGREE OF COMPETITION 89
6.8.2 BARGAINING POWER OF SUPPLIERS 89
6.8.3 BARGAINING POWER OF BUYERS 89
6.8.4 THREAT OF NEW ENTRANTS 89
6.9 CASE STUDIES 90
6.9.1 USE CASE 1 90
TABLE 8 GROWING INNOVATIONS FOR DEMAND FOR NUTRIENTS IN ANIMAL DIET IS PROJECTED TO FUEL THE DEMAND FOR FEED PREMIXES 90
6.9.2 USE CASE 2 90
TABLE 9 GROWING DEMAND FROM ASIA PACIFIC REGION FOR DIETS WITH FEED PREMIX FOR LIVESTOCK 90
7 FEED PREMIX MARKET, BY INGREDIENT TYPE 91
7.1 INTRODUCTION 92
FIGURE 54 AMINO ACIDS TO BE THE FASTEST-GROWING SEGMENT IN THE FEED PREMIX MARKET, 2021 VS. 2026 (USD MILLION) 92
7.2 INGREDIENT TYPE: FEED PREMIX, MARKET DRIVERS 93
7.3 COVID-19 IMPACT ON THE FEED PREMIX MARKET, BY LIVESTOCK 93
7.3.1 REALISTIC SCENARIO 93
TABLE 10 REALISTIC SCENARIO: FEED PREMIX MARKET SIZE, BY INGREDIENT TYPE, 2021–2026(USD MILLION) 93
7.3.2 OPTIMISTIC SCENARIO 93
TABLE 11 OPTIMISTIC SCENARIO: FEED PREMIX MARKET SIZE, BY INGREDIENT TYPE, 2021–2026 (USD MILLION) 93
7.3.3 PESSIMISTIC SCENARIO 94
TABLE 12 PESSIMISTIC SCENARIO: FEED PREMIX MARKET SIZE, BY INGREDIENT TYPE, 2021–2026(USD MILLION) 94
TABLE 13 FEED PREMIX MARKET SIZE, BY INGREDIENT TYPE,
2017–2020 (USD MILLION) 94
TABLE 14 FEED PREMIX MARKET SIZE, BY INGREDIENT TYPE,
2021–2026 (USD MILLION) 95
TABLE 15 FEED PREMIX MARKET SIZE, BY INGREDIENT TYPE, 2017–2020 (KT) 95
TABLE 16 FEED PREMIX MARKET SIZE, BY INGREDIENT TYPE, 2021–2026 (KT) 96
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7.4 VITAMINS 96
7.4.1 VITAMINS ARE ORGANIC SUBSTANCES THAT ARE ESSENTIAL TO THE NORMAL METABOLIC PROCESSES OF ANIMAL ORGANISMS 96
TABLE 17 VITAMIN CLASSIFICATIONS AND FUNCTIONS IN ANIMAL NUTRITION 97
TABLE 18 VITAMIN FEED PREMIX MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 98
TABLE 19 VITAMIN FEED PREMIX MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 98
TABLE 20 VITAMIN FEED PREMIX MARKET SIZE, BY REGION, 2017–2020 (KT) 98
TABLE 21 VITAMIN FEED PREMIX MARKET SIZE, BY REGION, 2021–2026 (KT) 99
7.5 MINERALS 99
7.5.1 TRACE ELEMENTS, SUCH AS ZINC, COPPER, AND MANGANESE,
ARE ESSENTIAL IN A BALANCED DIET FOR IMPROVED HEALTH AND PRODUCTIVITY IN ANIMALS 99
TABLE 22 MINERAL FEED PREMIX MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 100
TABLE 23 MINERAL FEED PREMIX MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 100
TABLE 24 MINERAL FEED PREMIX MARKET SIZE, BY REGION, 2017–2020 (KT) 100
TABLE 25 MINERAL FEED PREMIX MARKET SIZE, BY REGION, 2021–2026 (KT) 101
7.6 AMINO ACIDS 101
7.6.1 AMINO ACIDS HELP ANIMALS MAINTAIN ITS BALANCE TO MAXIMIZE THE GROWTH PERFORMANCE AND NITROGEN RETENTION IN THE LIVESTOCK 101
FIGURE 55 ASIA PACIFIC IS THE LARGEST MARKET FOR AMINO ACIDS FEED PREMIXES 102
TABLE 26 AMINO ACID FEED PREMIX MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 102
TABLE 27 AMINO ACID FEED PREMIX MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 102
TABLE 28 AMINO ACID FEED PREMIX MARKET SIZE, BY REGION, 2017–2020 (KT) 103
TABLE 29 AMINO ACID FEED PREMIX MARKET SIZE, BY REGION, 2021–2026 (KT) 103
7.7 ANTIBIOTICS 103
7.7.1 THE USE OF ANTIBIOTICS AS GROWTH PROMOTERS LEADS TO ENHANCED DAILY GROWTH RATES OF ANIMALS 103
TABLE 30 ANTIBIOTIC FEED PREMIX MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 104
TABLE 31 ANTIBIOTIC FEED PREMIX MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 104
TABLE 32 ANTIBIOTIC FEED PREMIX MARKET SIZE, BY REGION, 2017–2020 (KT) 104
TABLE 33 ANTIBIOTIC FEED PREMIX MARKET SIZE, BY REGION, 2021–2026 (KT) 105
7.8 ANTIOXIDANTS 105
7.8.1 ANTIOXIDANTS CONSERVE THE ESSENTIAL NUTRIENTS AND IMPROVE THEIR UTILIZATION BY ANIMALS 105
7.8.2 BHA 105
7.8.3 BHT 105
7.8.4 ETHOXYQUIN 105
TABLE 34 ANTIOXIDANT FEED PREMIX MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 106
TABLE 35 ANTIOXIDANT FEED PREMIX MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 106
TABLE 36 ANTIOXIDANT FEED PREMIX MARKET SIZE, BY REGION, 2017–2020 (KT) 106
TABLE 37 ANTIOXIDANT FEED PREMIX MARKET SIZE, BY REGION, 2021–2026 (KT) 107
7.9 OTHERS 107
7.9.1 FIBERS 107
7.9.2 NUCLEOTIDES 108
TABLE 38 OTHER FEED PREMIX MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 108
TABLE 39 OTHER FEED PREMIX MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 109
TABLE 40 OTHER FEED PREMIX MARKET SIZE, BY REGION, 2017–2020 (KT) 109
TABLE 41 OTHER FEED PREMIX MARKET SIZE, BY REGION, 2021–2026 (KT) 109
8 FEED PREMIX MARKET, BY FORM 110
8.1 INTRODUCTION 111
FIGURE 56 FEED PREMIX MARKET SHARE, BY FORM, 2020 VS. 2026 (USD MILLION) 111
8.2 COVID-19 IMPACT ON THE FEED PREMIX MARKET 111
8.2.1 REALISTIC SCENARIO: COVID-19 IMPACT ON THE FEED PREMIX MARKET SIZE (USD MILLION) 111
TABLE 42 REALISTIC SCENARIO: FEED PREMIX MARKET SIZE, BY FORM,
2019–2022 (USD MILLION) 111
8.2.2 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE FEED PREMIX MARKET SIZE (USD MILLION) 112
TABLE 43 OPTIMISTIC SCENARIO: FEED PREMIX MARKET SIZE, BY FORM,
2019–2022 (USD MILLION) 112
8.2.3 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE FEED PREMIX MARKET SIZE (USD MILLION) 112
TABLE 44 PESSIMISTIC SCENARIO: FEED PREMIX MARKET SIZE, BY FORM,
2019–2022 (USD MILLION) 112
TABLE 45 FEED PREMIX MARKET SIZE, BY FORM, 2017–2020 (USD MILLION) 112
TABLE 46 FEED PREMIX MARKET SIZE, BY FORM, 2021–2026 (USD MILLION) 113
TABLE 47 FEED PREMIX MARKET SIZE, BY FORM, 2017–2020 (KT) 113
TABLE 48 FEED PREMIX MARKET SIZE, BY FORM, 2021–2026 (KT) 113
8.3 DRY 113
8.3.1 EASY HANDLING, STORABILITY, AND USAGE IN A WIDE RANGE OF LIVESTOCK APPLICATIONS TO DRIVE THE DRY SEGMENT 113
TABLE 49 DRY: FEED PREMIX MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 114
TABLE 50 DRY: FEED PREMIX MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 114
TABLE 51 DRY: FEED PREMIX MARKET SIZE, BY REGION, 2017–2020 (KT) 114
TABLE 52 DRY: FEED PREMIX MARKET SIZE, BY REGION, 2021–2026 (KT) 115
8.4 LIQUID 115
8.4.1 UNAVAILABILITY OF LIQUID FEED PREMIXES IN COUNTRIES IN REST OF THE WORLD TO LEAD TO SMALLER SHARE OF THIS SEGMENT 115
TABLE 53 LIQUID: FEED PREMIX MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 115
TABLE 54 LIQUID: FEED PREMIX MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 116
TABLE 55 LIQUID: FEED PREMIX MARKET SIZE, BY REGION, 2017–2020 (KT) 116
TABLE 56 LIQUID: FEED PREMIX MARKET SIZE, BY REGION, 2021–2026 (KT) 116
9 FEED PREMIX MARKET, BY LIVESTOCK 117
9.1 INTRODUCTION 118
FIGURE 57 POULTRY: THE LARGEST FEED PREMIX SEGMENT,
2021 VS. 2026 (USD MILLION) 118
TABLE 57 FEED PREMIX MARKET SIZE, BY LIVESTOCK, 2017–2020 (USD MILLION) 119
TABLE 58 FEED PREMIX MARKET SIZE, BY LIVESTOCK, 2021–2026 (USD MILLION) 119
TABLE 59 FEED PREMIX MARKET SIZE, BY LIVESTOCK, 2017–2020 (KT) 119
TABLE 60 FEED PREMIX MARKET SIZE, BY LIVESTOCK, 2021–2026(KT) 120
9.2 LIVESTOCK: FEED PREMIX, MARKET DRIVERS 120
9.3 COVID-19 IMPACT ON FEED PREMIX MARKET, BY LIVESTOCK 120
9.3.1 REALISTIC SCENARIO 120
TABLE 61 REALISTIC SCENARIO: FEED PREMIX MARKET SIZE, BY LIVESTOCK,
2021–2026(USD MILLION) 120
9.3.2 OPTIMISTIC SCENARIO 121
TABLE 62 OPTIMISTIC SCENARIO: FEED PREMIX MARKET SIZE, BY LIVESTOCK,
2021–2026 (USD MILLION) 121
9.3.3 PESSIMISTIC SCENARIO 121
TABLE 63 PESSIMISTIC SCENARIO: FEED PREMIX MARKET SIZE, BY LIVESTOCK,
2021–2026(USD MILLION) 121
9.4 POULTRY 122
9.4.1 FEED PREMIXES SUCH AS VITAMINS, MINERALS, AND AMINO ACIDS ARE THE MAJOR PREMIXES USED IN POULTRY FEED FOR IMPROVED QUALITY PRODUCTION 122
FIGURE 58 ASIA PACIFIC: THE LARGEST MARKET FOR POULTRY FEED PREMIX,
2021 VS. 2026 (USD MILLION) 122
TABLE 64 FEED PREMIX MARKET SIZE FOR POULTRY, BY REGION,
2017–2020 (USD MILLION) 123
TABLE 65 FEED PREMIX MARKET SIZE FOR POULTRY, BY REGION,
2021–2026 (USD MILLION) 123
TABLE 66 FEED PREMIX MARKET SIZE FOR POULTRY, BY REGION, 2017–2020 (KT) 123
TABLE 67 FEED PREMIX MARKET SIZE FOR POULTRY, BY REGION, 2021–2026 (KT) 124
9.5 RUMINANTS 124
9.5.1 MINERALS ARE FED TO RUMINANTS DUE TO SEVERAL ADVANTAGES
AND HEALTH BENEFITS 124
TABLE 68 FEED PREMIX MARKET SIZE FOR RUMINANTS, BY REGION,
2017–2020 (USD MILLION) 125
TABLE 69 FEED PREMIX MARKET SIZE FOR RUMINANTS, BY REGION,
2021–2026 (USD MILLION) 125
TABLE 70 FEED PREMIX MARKET SIZE FOR RUMINANTS, BY REGION, 2017–2020 (KT) 125
TABLE 71 FEED PREMIX MARKET SIZE FOR RUMINANTS, BY REGION, 2021–2026 (KT) 126
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9.6 SWINE 126
9.6.1 ADDITIVES HELP IN INCREASING THE FEED INTAKE, REPRODUCTIVITY,
AND GROWTH PERFORMANCE 126
TABLE 72 FEED PREMIX MARKET SIZE FOR SWINE, BY REGION,
2017–2020 (USD MILLION) 126
TABLE 73 FEED PREMIX MARKET SIZE FOR SWINE, BY REGION,
2021–2026 (USD MILLION) 127
TABLE 74 SWINE: FEED PREMIX MARKET SIZE, BY REGION, 2017–2020 (KT) 127
TABLE 75 SWINE: FEED PREMIX MARKET SIZE, BY REGION, 2021–2026 (KT) 127
9.7 AQUATIC ANIMALS 128
9.7.1 VITAMIN B COMPLEX AND VITAMIN C PLAY AN IMPORTANT ROLE IN THE NORMAL FUNCTIONING OF MARINE ANIMALS 128
TABLE 76 FEED PREMIX MARKET SIZE FOR AQUATIC ANIMALS, BY REGION,
2017–2020 (USD MILLION) 128
TABLE 77 FEED PREMIX MARKET SIZE FOR AQUATIC ANIMALS, BY REGION,
2021–2026 (USD MILLION) 129
TABLE 78 FEED PREMIX MARKET SIZE FOR AQUATIC ANIMALS, BY REGION,
2017–2020 (KT) 129
TABLE 79 FEED PREMIX MARKET SIZE FOR AQUATIC ANIMALS, BY REGION,
2021–2026 (KT) 129
9.8 EQUINE 130
9.8.1 THE ADDITION OF THESE PREMIXES IMPROVES THE FEED QUALITY BY INCREASING FEED INTAKE AND PROTECTING THE FEED QUALITY 130
TABLE 80 FEED PREMIX MARKET SIZE FOR EQUINE, BY REGION,
2017–2020 (USD MILLION) 130
TABLE 81 FEED PREMIX MARKET SIZE FOR EQUINE, BY REGION,
2021–2026 (USD MILLION) 130
TABLE 82 FEED PREMIX MARKET SIZE FOR EQUINE, BY REGION, 2017–2020 (KT) 131
TABLE 83 FEED PREMIX MARKET SIZE FOR EQUINE, BY REGION, 2021–2026 (KT) 131
9.9 PETS 131
9.9.1 PREMIXES HELP IN THE DEVELOPMENT OF BONES ENHANCE THE METABOLISM AMONG LIVESTOCK AND CONTRIBUTE TO THE GROWTH OF IMMUNE AND REPRODUCTIVE SYSTEMS 131
TABLE 84 FEED PREMIX MARKET SIZE FOR PETS, BY REGION,
2017–2020 (USD MILLION) 132
TABLE 85 FEED PREMIX MARKET SIZE FOR PETS, BY REGION,
2021–2026 (USD MILLION) 132
TABLE 86 FEED PREMIX MARKET SIZE FOR PETS, BY REGION, 2017–2020 (KT) 132
TABLE 87 FEED PREMIX MARKET SIZE FOR PETS, BY REGION, 2021–2026 (KT) 133