Title: Feed Premix Market Trends, Size, Share, and Forecast to 2026
1MarketsandMarkets Presents
Feed Premix Market - Forecast to
2026 https//www.marketsandmarkets.com/Market-Repo
rts/feed-premixes-market-170749996.html
2The report "Feed Premix Market by Ingredient Type
(Vitamins, Minerals, Amino Acids, Antibiotics,
Antioxidants), Livestock (Poultry, Ruminants,
Swine, Aquatic Animals, Equine, and Pets), Form
(Dry and Liquid), and Region - Global Forecast to
2026 ",size is estimated to be valued at USD 24.3
billion in 2021 and is projected to reach a value
of USD 32.9 billion by 2026, growing at a CAGR of
6.2 during the forecast period. The growth of
this market is attributed to increasing awareness
about feed quality, and the implementation of
innovative animal husbandry practices to improve
meat quality are the important drivers for the
growth of the feed premix market. Browse 298
market data Tables and 74 Figures spread
through 310 Pages and in-depth TOC on "Feed
Premix Market - Global Forecast to 2026 Asia
pacific is estimated to hold the largest market
share during the forecast period Asia Pacific is
projected to be the largest and fastest-growing
segment. Increased awareness among consumers
about quality meat and increased meat consumption
across the region is expected to provide more
scope for market expansion. Livestock is an
important constituent of agriculture in the Asia
Pacific region. The region widely rears and
consumes pork and poultry. With the rising demand
for animal products, increased livestock
productivity is necessary. Quality feed is the
primary determinant of the performance and
productivity of livestock. Download PDF
Brochure https//www.marketsandmarkets.com/pdfdow
nloadNew.asp?id170749996
3- Report Objectives
- To define, segment, and estimate the size of the
feed premix market with respect to its ingredient
type, form, livestock, and region - To provide detailed information about the major
factors influencing the growth of the market
(drivers, restraints, opportunities, and
industry-specific challenges) - To analyze the complete value chain and influence
of all key stakeholders, such as manufacturers,
suppliers, and end users - To analyze the opportunities in the market for
stakeholders and provide details of the
competitive landscape for market leaders - To profile the key players and comprehensively
analyze their core competencies - To analyze the competitive developments, such as
new product launches, acquisitions, investments,
expansions, partnerships, agreements, joint
ventures, and product approvals, in the Feed
premix market. - This report includes a study on the marketing and
development strategies, along with a study on the
product portfolios of the leading companies
operating in the Feed premix. It consists of the
profiles of leading companies such Koninklijke
DSM N.V. (Netherlands), Nutreco N.V.
(Netherlands), Cargill (US), Archer Daniels
Midland Company (ADM) (US), BEC Feed Solutions
(Australia), DLG Group (Denmark), Charoen
Pokphand Foods PCL (Thailand), Land OLakes (US),
AB Agri Ltd. (UK). - Request Sample Pages of the Report
https//www.marketsandmarkets.com/requestsampleNew
.asp?id170749996
4Feed premix Dynamics Driver Increase in the
demand and consumption of livestock based
products An increase in the demand and
consumption of livestock-based products such as
dairy dairy-based products, meat, and eggs is
expected to drive the usage of feed additives for
the growth and development of farm animals.
According to FAO data, it has been stated that
global meat production is projected to be 16
higher by 2025. Poultry meat is the primary
driver for the growth of the overall meat
production, owing to its high demand, low
production cost, and lower product prices, both
in developed and developing countries. According
to FAO statistics, it has been stated that the
production of poultry meat reached 120.5 million
tons in 2017, whereas swine meat recorded 118.7
million tons, bovine meat recorded 70.8 million
tons, and ovine meat recorded 14.9 million tons.
Owing to the increasing awareness about the role
and dynamics of food nutrients, especially
protein, on overall physical and mental growth
and development, there is a growing inclination
toward animal-sourced protein in the form of
either meat, eggs, or milk. Restraint Ban on
antibiotics in different countries Antibiotics
have been used in feed for decades however, in
2006, the European Union (EU) banned the use of
antibiotics in feed as growth promoters, as
microbes developed resistance to antibiotics,
which are used to treat human and animal
infections. Following the ban by the EU, the use
of antibiotics declined in many countries around
the globe, especially in countries such as China,
India, and the US, due to their overexploitation
or misuse. Make an Inquiry https//www.marketsa
ndmarkets.com/Enquiry_Before_BuyingNew.asp?id1707
49996
5The market for the dry segment is projected to
account for the largest share during the forecast
period, by form By form, the dry segment
accounted for the highest market share as well as
the highest growth rate in the feed premix market
due to the factors such as easy handling and
storability, usage in a wide range of livestock
applications, and lower manufacturing costs. Feed
premixes in the dry form are easier to mix with
feed and provide a longer shelf life than in the
liquid form, due to which they witness high
preference among feed manufacturers. The poultry
segment dominated the market for feed premix by
livestock. The poultry industry consists of four
main areas of productionbroiler, eggs, pullets,
and breeders. It is a fast-evolving industry due
to the rapid increase in demand for poultry meat,
particularly in India and many Islamic countries.
In these countries, the consumption of porcine
and livestock meat (India) is projected to be low
due to religious beliefs, which, in turn,
increases the demand for poultry meat. In
addition, the global demand for poultry meat is
further set to rise in the coming years due to
the increased cost and reduced availability due
to the rise in demand for beef and pig meat.
Poultry, the most traded meat category, accounts
for over 40 of the total meat trade. According
to the FAO, global poultry meat production was
nearly 111.8 million tons in 2015. Furthermore,
the demand for poultry meat is projected to
remain high in developing economies. Speak to
Analyst https//www.marketsandmarkets.com/speakto
analystNew.asp?id170749996
6- Recent Developments
- In October 2020, DSM completed the acquisition of
Erber Group (Austria) for an enterprise value of
EUR 980 million (USD 1.16 Billion). The
transaction excludes two smaller units in Erber
Group. DSM acquired Erber Groups Biomin and
Romer Labs. Erber Groups specialty animal
nutrition and health business Biomin specializes
primarily in mycotoxin risk management and gut
health performance management, whereas the Romer
Labs business focuses on food and feed safety
diagnostic solutions. Thus, this would enhance
DSMs animal health nutrition business in the
global market. - In May 2019, Bayer Animal Health GmbH (Germany)
and Nutreco formed an agreement to collaborate
for the development of animal health and animal
nutrition industries. - In June 2019, DSM launched Balancius in the
poultry nutrition (ESPN 2019) subsegment of
animal nutrition health. Balancius was the
first and only feed ingredient that would break
down Peptidoglycans (PGNs) in bacterial cell
debris, thus releasing nutrients and improving
nutrient digestibility and absorption capacity.
It consistently improves the feed conversion
ratio by 3, thus contributing to sustainable
poultry production. - In September 2018, Vilofoss opened a
state-of-the-art premix nutrition plant in
France. Through the acquisition, the company
expanded its presence in the French feed premix
market. In three years, the company expects its
production to reach a capacity of over 50,000
tons annually, which is about 20 of the total
cattle premix nutrition production in France. - Request for Customization https//www.marketsandm
arkets.com/requestCustomizationNew.asp?id17074999
6
7Contact Us
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INC. 630 Dundee Road Suite 430 Northbrook, IL
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