The global feed premix market size 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. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

A feed premix is a mixture of vitamins, trace minerals, medicaments, and diluents to improve the nutritional content of the feed. It is prepared by selecting raw materials and formulation, weighing, mixing, packaging, labeling, and storing finished premix. It provides a powerful component to the feed for ensuring balanced and value-added ingredients. It helps optimize diet compositions and improve modern poultry production. It also assists in enhancing the crucial body functions of animals, such as performance, growth, fertility, and immunity. Apart from this, a feed premix offers several benefits, such as maintaining the acid-base balance and osmotic pressure, improving muscle function, and controlling cell replication and differentiation.

Feed Premix Market Trends:
At present, there is a rise in the demand for livestock-based products to provide various micronutrients to animals. This, along with the growing awareness about the benefits of feed premixes, represents one of the key factors driving the market. Moreover, the escalating demand for compound feeds that offer various nutrients to animals according to different physiological requirements and growth stages is positively influencing the market. In addition, there is an increase in concerns about animal wellness and health. This, coupled with technological advancements in the production of feed premixes, is contributing to the growth of the market. Besides this, the rising demand for high-value animal proteins and declining feed conversion rates are offering lucrative growth opportunities to industry investors. Additionally, the escalating demand for environmentally safe and chemical-residue-free meat and milk products is propelling the growth of the market. Apart from this, key market players are investing in research and development (R&D) to introduce safe and nutrient-dense animal feed for improving quality and safety while maintaining cost-effectiveness, which is bolstering the growth of the market.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global feed premix market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on ingredient type, form and livestock.

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

Breakup by Region:

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

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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).

Key questions answered in this report:
How has the global feed premix market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global feed premix market?
What are the key regional markets?
What is the breakup of the market based on the ingredient type?
What is the breakup of the market based on the form?
What is the breakup of the market based on the livestock?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global feed premix market and who are the key players?
What is the degree of competition in the industry?