China Feed Premix Market Worth $1,655.7 Million by 2021

Thursday 17 November 2016, Amsterdam

The Report, now available on ASDReports,  “China Feed Premix Market by Ingredient Type (Vitamins, Minerals, Amino Acids, Antibiotics), by Livestock (Poultry, Ruminates, Swine, Aquatic Animals) - Forecast to 2021” is estimated to reach $1,655.7 million by 2021, growing at a CAGR of 4.5% from 2016 to 2021.

The feed premix market in China is driven by factors such as changing consumption pattern & increasing awareness level amongst consumers, Industrialization of the livestock sector, Incidences of counterfeit meat and other products, and the ban on antibiotics as growth promoters. The high growth potential in the country provides new growth opportunities for the market players.

Vitamins segment is projected to be the fastest-growing market on the basis of ingredient type from 2016 to 2021

The vitamins segment is projected to grow at the highest CAGR from 2016 to 2021. The inclusion of vitamins in animal feed provides a wide range of health benefits to the livestock industry as it helps to overcome various nutritional deficiencies in different livestock.

Aquatic segment, by livestock, depicts high potential in the Chinese feed premix market

The aquatic segment is one of the major segments in the feed premix market in China. China is the top country undertaking aquaculture in the world and the aquaculture production has also increased significantly since the last decade.

This report includes a study of marketing and development strategies, along with the product portfolio of leading companies, such as Koninklijke DSM N.V. (The Netherlands), Nutreco N.V. (The Netherlands), Cargill, Incorporated (U.S.), InVivo Group (France), DLG Group (Denmark), Archer Daniels Midland Company (U.S.), AB Agri Ltd (U.K.), Charoen Pokphand Foods PCL (Thailand), DBN Group (China), and Dabaco Group JSC (Vietnam).