Global Feed premix market is valued approximately USD 20.40 billion in 2018 and is anticipated to grow with a growth rate of more than 5.9% over the forecast period 2019-2026. Feed premix are said as refined mixture of biologically active substance that is blended chemically or microbiologically in an intention to enhance the nutritional value of the feed. Feed premix helps in improving immunity level of livestock and animal health, along with this it is beneficial in improvement of good appetite, digestion and increasing antibiotic growth in the animal body. The rise in demand and consumption of livestock-based products, growth in feed production and rise in compound feed consumption are the factors driving the growth of market over the forecast years. Whereas, rise in cost of feed ingredients, stringent regulatory framework and ban on antibiotics in different countries are the factors hampering the growth of market over the forecast years. However, rise in consumption of feed premix in developing regions is a lucrative opportunity for the growth of market.
The regional analysis of global Feed premix market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is accounts for the largest share in the global Feed premix market due to the presence of prominent poultry producer in the United States coupled with rise in the consumption of processed poultry products in the region. Whereas, Asia Pacific is the fastest growing region in the global feed premix market over the upcoming years owing to the presence of high population in the developing region such as India, China and Japan that consumes meat.
Market player included in this report are:
Archer Daniels Midland Company (ADM)
Land O’lakes, Inc
Devenish Nutrition, LLC.
Lexington Enterprises Pte. Ltd.
Kaesler Nutrition GmbH
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Ingredient type:
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026
Target Audience of the Global Feed premix market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers