Global Feed Premix Market Overview And Prospects – Includes Feed Premix Market Forecast
Learn about the global feed premix market through The Business Research Company, which provides information on feed premix market size, feed premix market drivers and restraints, feed premix market players, the COVID-19 impact on the feed premix market, and more.
The global feed premix market size is expected to grow from $18.00 billion in 2021 to $19.16 billion in 2022 at a compound annual growth rate (CAGR) of 6.45%. The global feed premixes market size is expected to grow to $27.58 billion in 2026 at a CAGR of 9.54%.
The increase in the demand and consumption of livestock-based products is expected to propel the growth of the feed premix market.
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The feed premix market consists of sales of feed premix by entities (organizations, sole traders, and partnerships) that refer to a mixture of one or more feed additives that is included in the diet of livestock animals and are not intended for direct consumption. Premix includes vitamins, trace minerals, medicaments, feed supplements, and diluents as its constituents. It’s a value-added solution for feeds with long-term quality and safety.
Global Feed Premix Market Segments Include:
By Type: Amino Acids, Antioxidants, Antibiotics, Vitamins, Minerals, Others
By Form: Dry, Liquid
By Livestock: Ruminants, Swine, Aquatic Animals, Poultry, Pets
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific was the largest region in the feed premix market in 2021.
The development of a new feed ingredient is a key trend gaining popularity in the feed premix market. Advancement in the properties of feed ingredients will lead to improved properties of feed premixes which will benefit the consuming livestock. These new feed ingredients provide additional benefits such as improving health and maximizing production.
Major Market Players: Advanced Animal Nutrition Pty Ltd, Archer Daniels Midland Company, BASF SE, BEC Feed Solutions Pvt Ltd, Cargill Incorporated, Danish Agro Group, Dansk Landbrugs Grovvareselskab, De Heus Voeders BV, Phibro Animal Health Corporation, ForFramers BV, Godrej Agrovet Limited, Invivo NSA, Koninklijke Coöperatie Agrifirm UA, Koninklijke DSM, Land O’Lakes Inc, Nutreco NV, AB Agri Ltd, Agrofeed Ltd, Avitech Nutrition Pvt Ltd, DSM Austria GmbH (Biomin), Beijing Da Bei Nong Science and Technology Group Co Ltd (DBN Group), Burkmann Industries Inc, Purina Animal Nutrition LLC and Hi-Nutrients International Limited.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Feed Premix Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides feed premix market overviews, analyzes and forecasts market size, share, feed premix market players, feed premix market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s feed premix market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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