Feed premixes are complex mixtures of essential minerals, vitamins, trace elements, feed supplements, and other nutritional additives including amino acids and proteins incorporated in the feed. The main objective of food premixes is to deliver the right micronutrients to the livestock. Premixing can be done manually, mechanically, continuously, or controlled by computer devices. Some premixes are deigned to serve specific functions such as fish feed premixes are prepared to answer nutritional needs of fishes.
The feed premix market is anticipated to grow in the forecast period owing to driving factors such as developments in the field of compound feed and additives industry coupled with rising demands for high-value animal protein. Moreover, increased industrial livestock production and increased focus on animal health to prevent disease outbreaks, further, boost the growth of the feed premix market. However, rising cost of feed ingredients and stringent regulatory policies hinder the growth of the feed premix market. Nonetheless, growing responsiveness for ethical practices to avoid export quality issues is likely to showcase major growth opportunity for the feed premix market players during the forecast period.
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The Prominent/Emerging Players in the Feed Premix Market Research include:
1.AB Agri Ltd
2.Archer Daniels Midland Company
3.Cargill, Incorporated.
4.Danish Agro a.m.b.a.
5.De Heus Animal Nutrition
6.DLG Group
7.Jubilant Life Sciences
8.Koninklijke DSM N.V.
9.Land O’Lakes, Inc.
10.Nutreco Holding N.V.
Market Segmentation:
The global feed premix market is segmented on the basis of ingredient type and livestock. Based on the ingredient type, the market is segmented as vitamins, minerals, amino acids, antibiotics, antioxidants, and others. On the basis of the livestock, the market is segmented as poultry, ruminants, swine, aquatic animals, and others.
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