(Food-Beverage-News.Com, May 17, 2017 ) According to the report Feed Premix Market ", published by Market Data Forecast, the global market is projected to reach USD 100.08 Billion by 2021, at a CAGR of 3.2% from 2016 to 2021.
Feed premix ensures uniformity and homogeneity in feed for better nutrient availability for livestock. The main objective of food premixes is to deliver the micro ingredients in a manner desired by the consumer. The end consumers of feed premix are compound feed manufacturers, farmers, livestock and aquaculture industry.
Increasing consumption of red meat, rise in the awareness for animal health and good quality feed grades for livestock and advancement of agricultural and chemical technologies is driving the global market for feed premix. But the market is said to get affected due to strict government regulations over the pricing of products and also due to the rising costs of agricultural raw materials required for livestock.
The Global feed premixes market is segmented into ingredient type and livestock type as following:
By Ingredient type Vitamins Minerals Amino acids Antibiotics Other ingredients
By livestock type Poultry Ruminants Swine Aquatic animals Other animals
Geographically, the market for feed premix is segmented into following regions: North America Europe Asia-Pacific Latin America Middle-East and Africa
Leading players in the feed premix market are Cargill, Koninklijke DSM N.V., Nutreco N.V., Archer Daniels Midland Company, and InVivo Nutrition et Sante Animales. Existing companies such as DSM and Nutreco have been actively involved in acquisition of regional suppliers and ingredient manufacturers in these regions to strengthen their market presence.
The Feed Premix market study offers the following deliverables: Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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