The latest report, titled ‘Global Feed Premixes Market,’ comprises a profound analysis of the fundamental parameters contributing to the global Feed Premixes market scenario. The research report provides the reader with an in-depth interpretation of the Feed Premixes market dynamics, including the crucial drivers, opportunities, threats, and challenges. The report also describes the key business strategies, demand and supply ratios, leading regions, and the renowned market players, in a nutshell, offering a futuristic outlook of the overall Feed Premixes industry. The market intelligence report is a prototype of the 360° overview of the global Feed Premixes industry, shedding light on the estimated market value, share, growth trends, gross revenue, competitive overview, prominent manufacturers and buyers, available product types, and end-use applications.
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.
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Competitive Landscape:
The latest study provides an insightful analysis of the broad competitive landscape of the global Feed Premixes market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers & acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Feed Premixes market and pinpoint the fundamental growth trends.
Companies Profiles:
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
Global Feed Premixes Market Highlights:
- Regional demand estimation and forecast
- Product Mix Matrix
- R&D Analysis
- Cost-Benefit Analysis
- Pre-commodity pricing volatility
- Supply chain optimization analysis
- Technological updates analysis
- Raw Material Sourcing Strategy
- Competitive Analysis
- Mergers & Acquisitions
- Location Quotients Analysis
- Carbon Footprint Analysis
- Patent Analysis
- Vendor Management
Regional Segmentation:
- North America
- Latin America
- Europe
- Middle East & Africa
- Asia Pacific
Key Points Covered in This Section:
- Regional contribution
- Estimated revenue generation
- Vital data and information about the consumption rate in all the leading regional segments
- An expected rise in market share
- Forecast growth in the overall consumption rate
Product Type Outlook & Application Areas:
- 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
Report Highlights:
- Besides offering a vivid depiction of the global Feed Premixes business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
- The report includes information on the present and historical market scenarios, which helps forecast the market conditions over the next eight years (2024-2032).
- The report scrutinizes the salient factors influencing the growth of the market in the near future.
- The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.
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