2028 Feed Premix Industry Report Growth Forecasts
Stratistics MRC’s Global Feed Premix Market value expected to reach $42.98 billion growing at a CAGR of 8.2% during 2020-2028.Feed premixes are complex mixtures of feed supplements, trace elements, essential minerals, vitamins, and other nutritional additives including amino acids and proteins incorporated in the feed. The vital purpose of food premixes is to deliver the right micronutrients to the livestock. Premixing can be done mechanically, manually, 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.
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Based on the ingredient type, the amino acids segment is going to have lucrative growth during the forecast period. Amino acids are broadly used as feed premixes to provide the nutrients that are required to overcome dietary deficits. Amino acids function as the building blocks for protein development in animals and are essential to enhance meat quality and quantity.
Some of the key players profiled in the Feed Premix Market include Advanced Animal Nutrition, Advanced Enzyme Technologies, Agrofeed Ltd., Alltech, Archer Daniels Midland, Associated British Foods, Avitech Nutrition Pvt. Ltd., BEC Feed Solutions, Cargill Incorporated, Charoen Pokphand Foods PCL, Cladan, De Heus Animal Nutrition, DLG Group, Kaesler Nutrition and Kemin Industries.
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