Feed Premix Market Industry |Trends, and Forecast to 2028

 

Feed premixes market industry Overview:

The demand for feed premixes is increasing among feed manufacturers across the globe owing to increasing concerns for animal health. The high consumption of livestock products such as meat, leather, fur, milk, and eggs are encouraging farmers to include high nutrition in animal diets. The increasing importance of adequate nutrition in animal diets resulting in high-quality yield is fueling the demand for feed premixes globally. 

Regional Analysis

Asia-Pacific is expected to be the largest market for feed premixes and the regional market is projected to register the highest CAGR of 3.78% during the forecast period. China is one of the leading markets in the region, accounting for the largest projected market share during the review period. However, the Indian market is expected to exhibit the highest growth rate of 4.30% during the forecast period. Advancements in the feed industry have escalated the production of feed premixes. High poultry farming and the growing popularity of feed premixes due to their nutritional benefits are likely to enhance the sales of feed premixes in the region. Feed premix manufacturers are introducing new formulations to capture a greater market share in the region.    

Europe held a prominent share of the global feed premixes market industry in 2017. Germany, France, Spain, and Russia are the major contributors to the growth of the European feed premixes market industry. Rising production and farming of pig and horses and increasing demand for industrial livestock for products such as milk, leather, and meat are driving the sales of feed premixes in the region.

North America is also expected to account for a significant share of the global feed premixes market industry and the regional market is projected to grow at a moderate pace during the forecast period. Innovation and expansion of product portfolios by feed premix manufacturers and the high production of poultry feed are directly accelerating the growth of the feed premixes market industry in the region. The US is expected to maintain its dominance of the regional market during the review period. However, the Canadian market is projected to register the highest CAGR during the forecast period.

South America accounted for the largest share of the market in the rest of the world in 2017 and the regional market is expected to register a CAGR of 3.30% during the forecast period.

 

 

Market Key Players

Some of the key players in the global feed premixes market industry are Cargill, Incorporated (US), Archer Daniels Midland Company (US), Nutreco N.V. (Netherlands), Koninklijke DSM N.V. (Netherlands), Koninklijke De Heus B.V. (Netherlands), Land O’lakes, Inc. (US), ForFarmers N.V. (Netherlands), Dansk Landbrugs Grovvareselskab a.m.b.a. (Denmark), Phibro Animal Health Corporation (US), and AB Agri Ltd (UK).

Access Report Details @ https://www.marketresearchfuture.com/reports/feed-premix-market-5167

Segment Analysis:

The global feed premixes market industry has also been segmented by ingredient type, livestock, and region.

By ingredient type, the global feed premixes market industry has been classified as vitamins, minerals, amino acids, lipids, and others. The vitamins segment accounted for the majority market share in 2017, whereas the lipids segment is expected to be the fastest growing during the forecast period. The global feed premixes market industry has also been segregated, based on livestock, into poultry, ruminants, swine, aquaculture, and others. The poultry segment dominated the market in 2017; however, the aquaculture segment is projected to register the highest growth rate during the review period.

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street,5Th Floor, New York, New York 10013, United States of America

+1 646 845 9312

Email: sales@marketresearchfuture.com  

 

Comments

Post a Comment

Popular posts from this blog

Bamboo Toothbrush Market: Surging to USD 1.37 Billion with 8% CAGR (2023-2030)

  Market Overview Bamboo toothbrushes are a sustainable and eco-friendly alternative to traditional plastic toothbrushes. They are made from bamboo, a renewable resource that is biodegradable and compostable. Bamboo toothbrushes are also durable and effective at cleaning teeth, making them a good choice for people who are looking for a sustainable and effective way to brush their teeth. The global bamboo toothbrush market is expected to grow at a compound annual growth rate (CAGR) of 10% from 2023 to 2030. This growth is being driven by a number of factors, including the growing awareness of the environmental impact of plastic toothbrushes, the increasing demand for sustainable products, and the rising disposable incomes of consumers in developing countries. Get a Sample PDF Brochure: https://www.marketresearchfuture.com/sample_request/8182 Market Drivers The following are some of the key drivers of the growth of the bamboo toothbrush market: Growing awareness of the environmental...
Read more

Organic Tissue Paper Market Size, Competitors Strategy, Regional Analysis and Growth by Forecast to 2028

  Market Forecast: Globally the Organic Tissue Paper Market Industry is estimated to escalate at a higher growth rate which is supported by increasing demand of naturally biodegradable personal care products. Rising application of organic tissue paper for facial application is supporting the market growth. Availability of different product type and improved distribution channel is playing the key role for global average consumption per person per year reaching 55kg, the global tissue paper market is expected to grow at a CAGR of 6.45% during 2021 - 2026. According to the RISI, it is anticipated that tissue production might globally exceed 44 million tons in 2021, increasing more than 14 million tons over 2010. Advancements in tissue manufacturing technology and the efficient use of raw materials will improve the design of tissue products and the way they are dispensed. Access Report Full Report Below Click links @:  https://www.marketresearchfuture.com/reports/organic-tissue-p...
Read more

Agriculture Drone Software Market Size, Share, and Emerging Technologies

Image
  Agriculture Drone Software Market Outlook agriculture drone software market is experiencing a significant transformation, and it’s expected to continue evolving at an accelerated pace. With a projected market value of USD 6.39 billion in 2024, the sector is on track to reach USD 16.75 billion by 2032, growing at an impressive compound annual growth rate (CAGR) of 12.8% during the forecast period (2024–2032). This promising growth trajectory is largely driven by the increasing adoption of drone technologies in agriculture, driven by advancements in precision farming and the need for enhanced crop management solutions. Emerging Trends and Key Drivers of Growth The rising demand for sustainable farming practices, coupled with the growing need for efficiency and productivity, is fueling the growth of the agriculture drone software market. Drones, powered by sophisticated software, are revolutionizing how farmers monitor and manage crops, livestock, and fields, enabling them to collec...
Read more