Feed Premixes Market, Analysis and Forecast to 2030
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Feed premixes are complex mixtures of vitamins, minerals, trace elements, and other nutritional additives that are combined with a carrier substance to form a homogeneous blend. These premixes serve as an essential component in animal nutrition, particularly in the production of compound feed for livestock, poultry, and aquaculture. The purpose of feed premixes is to ensure that the animal receives a balanced and complete diet by providing essential nutrients in the correct proportions.
This report describes the global market size of Feed Premixes Market from 2018 to 2021 and its CAGR from 2018 to 2021, and also forecasts its market size to the end of 2030 and its expected to grow with a CAGR of 8.4% from 2023 to 2030.
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Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Feed Premixes Market estimated at US $ million in the year 2022, is projected to reach a revised size of US$ million by 2030, growing at a CAGR of 8.4% during the forecast period 2023-2030. North American market for Feed Premixes Market is estimated to increase from $million in 2022 to reach $ million by 2030, at a CAGR of % during the forecast period of 2023 through 2030.
For geography segment, regional supply, demand, major players, price is presented from 2018 to 2030. This report cover following regions:
North America
Asia-Pacific
Europe
Middle East and Africa
South America
The key countries for each regions are also included such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
For competitor segment, the report include global key players of Feed Premixes Market as well as some small players. The information for each competitor include:
Company Profile
Main Business Information
SWOT Analysis
Sales Volume, Revenue, Price and Gross Margin
Market Share
By Form
Wet
Dry
In 2023, the dry segment had the highest revenue share of about 52.48%. This is due to variables such as ease of storage, ease of handling, decreased manufacturing costs, and numerous applications in the cattle business. Because the dry is easier to mix with animal food and has a significantly longer shelf life than the liquid, it is widely accepted among manufacturers.The moist form has specific advantages for cattle uses. The fundamental advantage of adopting wet form is that nutrients are distributed uniformly throughout the feed, resulting in increased homogeneity. The liquid form of meal premixes allows for more exact dosing for animals, providing owners greater control over the nutrient levels of their livestock. This form is well suited to extruded or pelleted feeds, and it has contributed to the overall feed quality.
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By Product
Geospace Science
Education
Others
In 2023, the amino acids segment had the highest revenue share of roughly 42.5%. This is due to their vital functions as building blocks for protein production in animals, which improves the quality and quantity of meat. Lysine and methionine are two amino acids that are commonly utilized in feed premixes and are primarily used to rear broiler chickens and pigs.
Antioxidants such as vitamin E, vitamin C, selenium, and others contribute to better cattle health by neutralizing free radicals in the animal's body. Antioxidants also help to protect other critical elements in premixes from oxidation, allowing pet food products to be stored for longer periods of time while maintaining nutritional value.
Antibiotics have an important role in illness prevention and animal health promotion, ultimately boosting livestock performance. They are frequently added in premixes to address specific health concerns and increase animal feed efficiency. The most widely used antibiotics in pet food products are penicillins, macrolides, and tetracyclines.
By End-Use
Pork/Swine
Poultry
Cattle
Aquaculture
Other Livestock
In 2023, the poultry segment had the highest revenue share of 36.9%. The chicken business, which is divided into four key segments - eggs, broilers, pullets, and breeders - is a major user of feed premixes worldwide. The rapid increase in demand for poultry meat in developing countries has resulted in an increase in poultry livestock numbers. Low pricing and easy availability, as well as increased acceptance across religious and social conventions, have contributed to the surge in popularity of poultry meat.
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Another large livestock segment that consumes feed premixes is the swine/pork industry. Due to the incidence of deadly diseases among swine, the swine industry places a greater emphasis on disease prevention and antibiotic reduction. As a result, specialized additives have been incorporated into livestock food products, which are supplied through the use of these premixes.
Cattle are an important livestock category all across the world, with India and Brazil leading the way in cattle husbandry. Feed premixes are used in cattle nutrition for a variety of reasons, including raising milk production, increasing weight gain, and improving meat quality.
By Company
嘉吉 Inc.
ForFramers
BASF SE
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