This site uses cookies, including third-party cookies, that help us to provide and improve our services.

Privacy Policy
- Global Locations -
Headquarters
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, United States
T: +1-845-579-5705
MEA
Market Access DMCC
1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
Americas
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
Europe
Future Market Insights
3rd Floor, 207 Regent Street,
London W1B 3HH
United Kingdom
T: + 44 (0) 20 8123 9659
D: +44 (0) 20 3287 4268
APAC
Future Market Insights
Office No. 401-A, 4th Floor,
VANTAGE 9, S.No. 36/1/1,
Baner, Pune 411045 India

Feed Premix Market

Market Insights on Feed Premix covering sales outlook, demand forecast & up-to-date key trends

Feed Premix Market by Form, Ingredient Type, Animal & Region - Forecast 2022 - 2032

Feed Premix Market Outlook (2022-2032)

The Feed Premix market is valued at USD 8.3 Bn in 2022 and is projected to grow at a CAGR of 3.3% during the forecast period, to reach a value of USD 11.5 Bn by 2032. Newly released data from Future Market Insights market analysis shows that global Feed Premix demand is projected to grow year-on-year (Y-o-Y) growth of 3.1% in 2022.

Market Size Value in 2022

USD 8.3 Bn

Market Forecast Value in 2032

USD 11.5 Bn

Global Growth Rate (2022 to 2032)

3.3% CAGR

Forecast Period

2022-2032

Collective Value Share: Top 3 Countries (2021A)

36.4%

Feed premix is a combination of a few specific complex substances, like minerals, vitamins, and amino acids, that are added to animal diets to hasten the growth and development of the animals. The macro and micronutrients are both included in the feed premix. Carbohydrates, fat, and other macronutrients are required in big amounts, whereas micronutrients are required in smaller amounts (such as vitamins, amino acids, and minerals for an animal to develop, both nutrients are necessary.

The micronutrient is the most important yet typically missing from animal feeding. As a result, the demand for feed premix manufacturing increased. By using feed premix, farmers are accelerating the growth of their animals, which will increase their income and, as a result, increase demand for feed premix on the global market. Farmers are switching to providing premium feed that can accelerate the growth of their cattle in response to the rising demand for livestock.

Customize this Report

Let us know your requirement to get
100% FREE customization

2017-2021 Feed Premix Market Outlook Compared to 2022-2032 Forecast

The market grew with a CAGR of 3.0% between 2017-21 as livestock farmers were and are yet under pressure to feed their animals with high-quality feed products to boost productivity and the quality of their output as a result of the rise in demand for livestock protein products like milk, meat, and others.

There is a need for a high level of openness in the supply of livestock products since consumers worldwide are now concerned about the quality of the food products they consume, particularly animal protein goods.

The increasing need for compound animal feed drive the demand for feed premixes

Animals continue to contribute significantly to the world's food supply. Animal feeds have thus grown in importance as a part of the integrated food chain. A significant portion of meeting consumer demand for more eggs, meat, milk, and other livestock products depends on the availability of a consistent supply of suitable, economical, and secure animal feeds. As a result, there is a growing need for more feed supplies, sources, and alternatives due to the huge increase in the demand for livestock products globally.

Another key justification for looking into more easy, affordable, and alternative sources for the production of animal feed is the growing global population. Appropriate dietary concentration is one of the most expensive feed formulation ingredients in livestock diets. To create the proper compound feed for the different animal species, components and feedstuffs such as vitamins, and minerals are mixed in varying quantities. Due to their concentrated energy supply and high feed efficiency, feed premixes have consequently attracted fresh interest in the animal feed business.

Manufacturers are improving their quality and safety while maintaining their cost-effectiveness in response to the increased demand for safe and nutrient-rich animal feed. The use of feed premixes in animal feed results in improved animal productivity, growth, and performance. The International Feed Industry Federation (IFIF) estimates that global production of compound feed has surpassed 1 billion tonnes yearly. Particularly in developing nations, the rate of production growth was larger than in industrialized nations.

Nandini Roy Choudhury
Nandini Roy Choudhury
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

Country-wise Insights

What is the Demand Outlook for the U.S Feed Premix Market?

Sales of feed premixes will be boosted by rising consumer demand for nutrient-dense foods. The feed premix market in the United States is anticipated to have a significant value share in 2022. According to FMI, the mineral premix market in the United States is anticipated to expand at a CAGR of 5.6% from 2022 to 2032.

The rising consumption of processed and convenience foods has resulted in low exposure to critical nutrients, which has increased the demand for functional and healthful food products. Additionally, it is anticipated that over the projected period, demand for feed premixes will increase due to increased feed output. There are more and more innovative product applications for feed premixes, such as dairy products, cereal-based goods, nourishing foods, newborn formulae, beverages, etc

How will India Feed Premix Market Fare?

India's feed premix market will benefit from the growing demand for functional foods. According to FMI, the market for mineral premixes in India will expand as a result of the increased demand for food enrichment due to the high processing level of food items and consumption of complex feed. India's mineral premix market is anticipated to expand at a CAGR of 6.8% throughout the projected period (2022-2032).

Additionally, growing recognition of the significance of nutrient intake is another element influencing a sale. As a result, the need for nutritive and useful food products is anticipated to increase, propelling the feed premix market's rise during the forecast year.

Category-wise Insights

Which Form is Feed Premixes Most Preferred?

Powdered mineral premixes to gain traction through 2022 & beyond. In terms of form, the feed premix market is sub-segmented into powder and liquid. In 2022, the powder segment is expected to account for the largest share of the feed premix market. Growth in the segment can be attributed to its benefits over liquid forms, such as ease of handling, better homogeneity, simple transport economics, and better premix stability.

Which is the Leading Application in Feed Premix Market?

Sales of feed premixes in the poultry feed industry will surge at a robust pace. The feed premixes market is divided into aqua feed, ruminant feed, poultry feed, swine feed, and other feed applications. In 2022, the poultry feed segment is expected to account for the largest share of the feed premixes market.

This is due to rising compound feed consumption, demand for mineral-enriched foods, and rising awareness about pet nutrition.

MarketNage
Become a MarketNgage Insider

A unified Market Research Subscription Platform, built for today's disparate research needs.

Competitive Landscape

To maintain their place in the market, industry participants are formulating plans for growing their current product portfolios and acquiring companies with complementary businesses. To acquire a competitive edge, they are also concentrating on new product manufacturing developments and improvements.

To expand its offerings for early life nutrition in the human nutrition market, Royal DSM, a global science-based company focused on nutrition, health, and sustainable living, acquired Glycom A/S, the top supplier of human milk oligosaccharides (HMO), in April 2020 for an enterprise value of 765 million euros.

Scope of Report

Attribute

Details

Market Size Value in 2022

USD 8.3 Bn

Market Forecast Value in 2032

USD 11.5 Bn

Global Growth Rate

3.3% CAGR

Forecast Period

2022-2032

Historical Data Available for

2017-2021

Market Analysis

MT for Volume and USD Bn for Value

Key Regions Covered

North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA

Key Countries Covered

United States, Canada, Brazil, Mexico, Argentina, Chile, Peru, Germany, France, Italy, Spain, UK, Netherlands, Belgium, Nordic, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Singapore, Australia, New Zealand, GCC Countries, South Africa, Central Africa, North Africa, and others

Key Market Segments Covered

Form, Ingredient Type, Animal Type

Key Companies Profiled

  • Cargill Incorporated
  • Archer Daniels Midland Company (ADM)
  • Dansk Landbrugs Grovvareselskab A.M.B.A. (DLG)
  • BASF SE
  • Land O'Lakes, Inc.
  • Godrej Agrovet
  • Koninklijke DSM N.V.
  • Corbion N.V.
  • Farbest-Tallman Foods Corporation
  • Glanbia plc
  • Koninklijke DSM N.V.,
  • Nutreco N.V.
  • SternVitamin GmbH & Co. KG,
  • Vitablend Nederland BV
  • Watson Foods Co., Inc.
  • Wright Enrichment Inc.
  • Zagro Asia Ltd.
  • Others

Pricing

Available upon Request

Feed Premix Market by Category

By Form:

  • Powder
  • Liquid

By Ingredient Type:

  • Antibiotics
  • Vitamins
  • Amino Acids
  • Minerals
  • Antioxidants
  • Others

By Animal Type:

  • Ruminant Feed
  • Swine Feed
  • Poultry Feed
  • Aquaculture Feed
  • Other Animal Feed

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa

Frequently Asked Questions

The Feed Premix market is estimated to reach sales of nearly USD 8.3 Bn by 2022.

Feed Premix market revenue is expected to increase at a CAGR of around 3.3% during the period 2022-2032.

Feed Premix sales increased a CAGR of around 3.0s% over the past half-decade.

The global Feed Premix market value is estimated to be around USD 11.5 Bn in 2032.

The top countries driving the Feed Premix demand are the US, Germany, China, India, and UK.

Table of Content

NA

Customize this Report

Let us know your requirement to get
100% FREE customization

List of Tables

NA

Nandini Roy Choudhury
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

List of Charts

NA

Need specific information?

Request Customization

Explore Food and Beverage Insights

View Reports

Recommendations

Food and Beverage

Vitamin Premix Market

Published : June 2022

Food and Beverage

Egg Free Premix Market

Published : February 2019

Food and Beverage

Infant Nutritional Premix Market

Published : January 2022

Food and Beverage

Food Premix Market

Published : January 2022

Google translate