Feed Premix Market Share Worth $11.4 Billion by 2031 With CAGR of 8.8% | Revenue, Growth, Trends, Key Companies

Increase in demand and consumption of livestock-based products such dairy and dairy-based products, meat, and eggs, rise in trend of animal-sourced protein among people, surge in global meat production along with low production cost are expected to drive the growth of the global feed premix market. Adverse supply chain disruptions and closure of factories and porta during the pandemic had a negative impact on the market.

Click Here For Instant PDF: https://www.alliedmarketresearch.com/request-sample/17329

Meat production and consumption have increased rapidly over the years due to the increased disposable income of consumers and the health benefits offered by meat. In addition, meat is a rich source of proteins, important vitamins, and various other nutrients, such as iron, zinc, B12, and B6. It has been observed that meat consumption in developing economies is higher than the developed regions. The economic growth, changes in lifestyle, population growth, and other structural changes are driving the livestock revolution, hence supplementing the overall growth of the feed premix market.

Leading Key Players

The players operating in the global feed premix market have adopted various developmental strategies to increase their Feed Premix Market Share, gain profitability, and remain competitive in the market. The key players included in the Feed Premix Market Analysis are, DSM, BASF SE, Cargill, Incorporated, Nutreco N.V., InVivo Group, Jubilant Life Sciences, Koninklijke Coöperatie Agrifirm U.A., Phibro Animal Health Corporation, Archer Daniels Midland Company, Agrofeed, and Novus international.

However, government intervention in the usage of feed premix in every country is expected to restrain the market growth. The premix types used in animal feed are banned in some countries. As a result, the feed manufacturers carry out formula adjustments and make changes in feed processing, which is a time-consuming process. Thus, the implementation of stringent regulations hampers the market growth. Moreover, fluctuations in raw material prices are also expected to limit market growth.

Talk to our Analyst: https://www.alliedmarketresearch.com/connect-to-analyst/17329

The feed premix market is segmented into livestock, type, form, and region. Depending on livestock the market is divided into swine, ruminants, poultry, aquatic animals, and others. On the basis of type, the market is segregated into vitamins, minerals, amino acids, and antibiotics. On the basis of form, the market is bifurcated into organic and conventional. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America accounted for more than 35% share of the total revenue in 2021, followed by Europe and Asia-Pacific.

The report offers detailed segmentation of the global feed premix market based on livestock, type, form, and region. The report provides a comprehensive analysis of every segment and their respective sub-segment with the help of graphical and tabular representation. This analysis can essentially help market players, investors, and new entrants in determining and devising strategies based on fastest growing segments and highest revenue generation that is mentioned in the report.

Make a Direct Purchase: https://www.alliedmarketresearch.com/checkout-final/ac4ed2bed59f9e8d940814e6c80960c9

Based on form, the conventional segment held the largest market share in 2021, holding nearly 90% of the global market, and is expected to maintain its leadership status during the forecast period. The organic segment, on the other hand, is expected to cite the fastest CAGR of 9.9% during the forecast period.

Based on region, the market across North America held the dominating market share in 2021, holding nearly two-fifths of the global market, and is expected to maintain its leadership status during the forecast period. The Asia-Pacific region, on the other hand, is expected to cite the fastest CAGR of 10.6% during the forecast period.

Check out more related studies published by AMR Research:

Feed Mycotoxin Binders Market - https://www.globenewswire.com/en/news-release/2022/11/15/2556401/0/en/Global-Feed-Mycotoxin-Binders-Market-Is-Expected-to-Reach-393-9-Million-by-2031-Allied-Market-Research.html

Feed Phosphate Market - https://www.prnewswire.com/news-releases/feed-phosphate-market-to-reach-3-3-billion-globally-by-2031-at-4-cagr-allied-market-research-301670064.html

𝐂𝐨𝐧𝐭𝐚𝐜𝐭:

United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.