The Global Feed Premixes Market Research Report published by Reports and Data has been formulated by analysis of key business details and extensive geographical spread of the Feed Premixes industry. The study offers comprehensive coverage of the qualitative and quantitative analysis of the Feed Premixes market along with crucial statistical data about the Feed Premixes market. The research study provides historical data from 2017 to 2018 and offers accurate forecast estimation until 2032. The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies.
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The global feed premixes market size was USD 26.40 Billion in 2022 and is expected to register a rapid revenue CAGR of 6.3% during the forecast period. Rising demand and consumption of livestock-based products is a key factor driving market revenue growth. Animal feed premix is a combination of vitamins, minerals, supplements, and other nutritional elements designed to offer a balanced diet and fulfill the livestock's specific nutritional demands. For instance, premix for cattle feed helps to produce high-quality milk, as well as supports through various stages of development, and improves their health and immunity. The diet of chickens is around 70% based on cereal grains, so it must be enriched with vitamins, minerals, enzymes, and amino acids, hence premixes are utilized. An additive in the diet is required to improve metabolism in chickens, full development and functioning of internal organs, and increased egg production and hatchability of chickens. High-quality feed premixes also improve the quality of livestock-based products, such as meat, milk, and eggs providing better flavor, texture, and nutritional profiles, and making these more appealing to consumers. In addition, increasing product launches by major companies is another key factor driving revenue growth of the market. For instance, on 23 February 2023, Evonik launched its first plant-based premix with the goal of keeping sows, laying hens, and dairy cows healthy. Evonik Animal Nutrition enhanced its probiotics-based Gut Health Solutions range with the addition of plant-based PhytriCare IM. The medication, PhytriCare IM, is made up of selected plant extracts with a high flavonoid content.
The Global Feed Premixes Market report provides full coverage of the companies’ data, including details about their production and manufacturing capacity, product portfolio, business overview, revenue, gross profit margins, sales network and distribution channel, financial standing, and market position. The report also studies business strategies and strategic alliances undertaken by companies to gain a robust footing in the market. The report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deals. The comprehensive analysis of the competitive landscape offers the readers a deeper understanding about the competitors.
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The report further offers a complete value chain analysis along with an analysis of the downstream buyers and upstream raw materials. The study focuses on global trends, regulatory frameworks, and macro- and micro-economic factors. The report also provides an extensive analysis of the segment and sub-segmented expected to dominate the market over the projected period. The report offers a forecast estimation of the market with regards to the analysis of the market segmentation, including product type, end-user industries, application spectrum, and other segments.
Top competitors of the Feed Premixes Market profiled in the report include:
BEC Feed Solutions Pty Ltd., Direct Line Insurance Group plc, Charoen Pokphand Foods PCL, Land O'Lakes, Inc., AB Agri Ltd., Phibro Animal Health Corporation, Devenish, Lexington, Avitech Nutrition Pvt. Ltd. and Advanced Animal Nutrition Pty Ltd
Emergen Research has segmented the global Feed Premixes on the basis of product, fitting, application, and region:
Type of Livestock Outlook (Revenue, USD Billion; 2019–2032)
- Poultry Feed Premixes
- Ruminant Feed Premixes
- Swine Feed Premixes
- Aquaculture Feed Premixes
- Pet Food Premixes
- Others
Ingredients Type Outlook (Revenue, USD Billion; 2019–2032)
- Vitamins
- Minerals
- Amino Acids
- Antibiotics
- Antioxidants
- Nutraceuticals
- Others
Form Outlook (Revenue, USD Billion; 2019–2032)
- Powder
- Liquid
- Paste
Regional Analysis of the Feed Premixes Market:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Market Overview:
The research report on the Feed Premixes market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the Feed Premixes business sphere.
Key Objectives of the Report:
- Analysis and estimation of the Feed Premixes market size and share for the projected period of 2020-2027
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Feed Premixes market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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Feed Premixes Snapshots
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