- Vitamins
- Amino acids
- Minerals
- Antibiotics
- Others
Feed Premix Market size was valued at USD USD 24,182.1 million in 2022 and is expected to grow at a CAGR of 6.4% from 2023-2029. Feed premixes are complex mixtures of essential minerals, vitamins, trace elements, feed supplements, and other nutritional additives including amino acids and proteins incorporated in the feed. The main objective of food premixes is to deliver the right micronutrients to the livestock. The premix market is segmented by ingredient types, such as antibiotics, vitamins, antioxidants, amino acids, minerals, and others, as well as by animal types, such as ruminants, poultry, swine, aquaculture, and others. The ruminants feed segment is holding significant market share increase in consumer awareness about the safety of meat and milk products, along with the nutritional content of the food, emerged as the key driver for market growth. Moreover, the competitors are focusing on acquisition to maintain the growth in the market
Feed Premix Market Recent Market Developments:
- In 2021, ADM acquired Vietnamese premix player, Golden Farm Production & Commerce Company Limited. This strengthens its industrial and commercial coverage in a key feed market such as Vietnam.
- In October 2017 Cargill announced its agreement to acquire Iowa-based Diamond V – a leading global producer of natural animal feed additives, the company has announced its entrance into the Brazilian animal feed space with the acquisition of cattle feed producer, Integral Animal Nutrition. Factors such as rising poultry consumption, rising demands for high-value animal protein, rising population and thus demand, growing economies in developing and developed countries such as India, China, Brazil, and others, and rising living standards, among others, have all contributed to the rising demand for processed and more convenient foods.
- In 2019, Land O' Lakes, Inc. and The Netherlands-based Royal Agrifirm Group set up a dairy animal feed joint venture in China. The joint venture aims to focus on a new dairy premix. Agrilakes will initially be based in Agrifirm's existing manufacturing plant in Tianjin.
Global Feed Premix Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
6.4%
Largest Market
Asia Pacific
Fastest Growing Market
Asia Pacific
Feed Premix Market Dynamics
The feed premix market is anticipated to grow in the forecast period owing to driving factors such as developments in the field of compound feed and additives industry coupled with rising demands for high-value animal protein. A variety of amino acids are fed as supplements to livestock animals to improve their efficiency and nutritional value (milk, meat, etc.). Consumers all around the world have become increasingly sensitive to the quality of animal protein products they buy and eat, and as a result, they are willing to accept high transparency in the livestock supply chain from point of production to point of consumption. Moreover, increased industrial livestock production, as well as a greater focus on animal health to minimize disease outbreaks, all contribute to the feed premix market's growth. Feed premix market growth is hampered by growing feed ingredient costs and stringent regulatory policies. Nonetheless, during the projected period, rising awareness of ethical standards to minimize export quality difficulties is expected to be a significant potential opportunity for feed premix market participants.
Asia-Pacific Got Significant Share
Feed Premix Market Regional Analysis
The Asia Pacific held the largest share in the global feed premix market and the market is expected to surge rise at a significant CAGR over the forecast years owing to the Feed Premix sector has concentrated its efforts in countries like India, China, Thailand, and others that have the biggest demand for these products. By 2028, the Asia-Pacific area is expected to be the global leader in feed premixes, accounting for 34.6 % of the total. According to surveys and data, this region is home to 16 of the top 20 feed companies. To accommodate the increased demand of consumers, new plants have recently been established and developed in these areas. Moreover, Europe has also shown prominent growth in the global feed premix market over the forecast years due to increasing awareness levels amongst feed customers, industrialization of the livestock sector, incidences of counterfeit meat and other products, and the ban on antibiotics as growth promoters. The existence of 330 feed mills in Germany will help the European market flourish.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
- The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Global Feed Premix Market Segmentation
By Product Type
By Mixture Type
- Poultry
- Swine
- Bovine
- Canine
- Feline
- Others
By Geography
- Latin America
- Europe
- Asia Pacific
- Middle East
- North America
Frequently Asked Questions
Feed Premix Market size was valued at USD USD 23,182.1 million in 2022
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
Feed Premix Market Global Market Growth Rate (2023 to 2033) CAGR of 6.3%.
1. Executive Summary
2. Global Feed Premix Market Introduction
2.1. Global Feed Premix Market – Taxonomy
2.2. Global Feed Premix Market –Definitions
2.2.1. Product Type
2.2.2. Mixture Type
3. Global Feed Premix Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Feed Premix Market Dynamic Factors - Impact Analysis
3.6. Global Feed Premix Market – Regulations
3.6.1. U.S.
3.6.2. Europe
3.7. Global Feed Premix Market –Trends
4. Global Feed Premix Market Analysis, 2018 – 2022 and Forecast, 2023 – 2029
4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Feed Premix Market, By Product Type, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)
5.1. Vitamins
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Amino acids
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Minerals
5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Antibiotics
5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
5.5. Others
5.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.5.3. Market Opportunity Analysis
6. Global Feed Premix Market Forecast, By Animal Feed Premix Type, 2018 - 2022 and Forecast, 2023 – 2029
6.1. Poultry
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Swine
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Bovine
6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Canine
6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Feline
6.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
6.6. Others
6.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)
6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.6.3. Market Opportunity Analysis
7. Global Feed Premix Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)
7.1. North America
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Europe
7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Asia-Pacific
7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Latin America
7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Middle East and Africa
7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
7.6. Global Feed Premix Market - Opportunity Analysis Index, By Product Type, By Feed Premix Type, and Region, 2023 – 2029
8. North America Feed Premix Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)
8.1. Product Type Analysis 2018 - 2022 and Forecast 2023 – 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
8.1.1. Vitamins
8.1.2. Amino acids
8.1.3. Minerals
8.1.4. Antibiotics
8.1.5. Others
8.2. Mixture Type Analysis 2018 - 2022 and Forecast 2023 – 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
8.2.1. Poultry
8.2.2. Swine
8.2.3. Bovine
8.2.4. Canine
8.2.5. Feline
8.2.6. Others
8.3. Country Analysis 2016 and Forecast 2023 – 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
8.3.1. U.S.
8.3.2. Canada
8.4. North America Feed Premix Market - Opportunity Analysis Index, By Product Type, By Feed Premix Type and Country, 2023 – 2029
8.5. North America Feed Premix Market Dynamics – Trends
9. Europe Feed Premix Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)
9.1. Product Type Analysis 2018 - 2022 and Forecast 2023 – 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. Vitamins
9.1.2. Amino acids
9.1.3. Minerals
9.1.4. Antibiotics
9.1.5. Others
9.2. Mixture Type Analysis 2018 - 2022 and Forecast 2023 – 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.2.1. Poultry
9.2.2. Swine
9.2.3. Bovine
9.2.4. Canine
9.2.5. Feline
9.2.6. Others
9.3. Country Analysis 2018 - 2022 and Forecast 2023 – 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.3.1. Germany
9.3.2. UK
9.3.3. France
9.3.4. Spain
9.3.5. Italy
9.3.6. Russia
9.3.7. Poland
9.3.8. Rest of Europe
9.4. Europe Feed Premix Market - Opportunity Analysis Index, By Product Type, By Feed Premix Type and Country, 2023 – 2029
9.5. Europe Feed Premix Market Dynamics – Trends
10. Asia-Pacific Feed Premix Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)
10.1. Product Type Analysis 2018 - 2022 and Forecast 2023 – 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Vitamins
10.1.2. Amino acids
10.1.3. Minerals
10.1.4. Antibiotics
10.1.5. Others
10.2. Mixture Type Analysis 2018 - 2022 and Forecast 2023 – 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Poultry
10.2.2. Swine
10.2.3. Bovine
10.2.4. Canine
10.2.5. Feline
10.2.6. Others
10.3. Country Analysis 2018 - 2022 and Forecast 2023 – 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.3.1. Japan
10.3.2. China
10.3.3. India
10.3.4. ASEAN
10.3.5. Australia & New Zealand
10.3.6. Rest of Asia-Pacific
10.4. Asia-Pacific Feed Premix Market - Opportunity Analysis Index, By Product Type, By Feed Premix Type and Country, 2023 – 2029
10.5. Asia-Pacific Feed Premix Market Dynamics – Trends
11. Latin America Feed Premix Market Analysis, 2012 - 2012 - 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)
11.1. Product Type Analysis 2018 - 2022 and Forecast 2023 – 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Vitamins
11.1.2. Amino acids
11.1.3. Minerals
11.1.4. Antibiotics
11.1.5. Others
11.2. Mixture Type Analysis 2018 - 2022 and Forecast 2023 – 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Poultry
11.2.2. Swine
11.2.3. Bovine
11.2.4. Canine
11.2.5. Feline
11.2.6. Others
11.3. Country Analysis 2018 - 2022 and Forecast 2023 – 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.3.1. Brazil
11.3.2. Mexico
11.3.3. Argentina
11.3.4. Venezuela
11.3.5. Rest of Latin America
11.4. Latin America Feed Premix Market - Opportunity Analysis Index, By Product Type, By Feed Premix Type and Country, 2023 – 2029
11.5. Latin America Feed Premix Market Dynamics – Trends
12. Middle East and Africa Feed Premix Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)
12.1. Product Type Analysis 2018 - 2022 and Forecast 2023 – 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Vitamins
12.1.2. Amino acids
12.1.3. Minerals
12.1.4. Antibiotics
12.1.5. Others
12.2. Mixture Type Analysis 2018 - 2022 and Forecast 2023 – 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Poultry
12.2.2. Swine
12.2.3. Bovine
12.2.4. Canine
12.2.5. Feline
12.2.6. Others
12.3. Country Analysis 2018 - 2022 and Forecast 2023 – 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.3.1. Gulf Cooperation Council (GCC) Countries
12.3.2. Israel
12.3.3. South Africa
12.3.4. Rest of MEA
12.4. MEA Feed Premix Market - Opportunity Analysis Index, By Product Type, By Feed Premix Type and Country, 2023 – 2029
12.5. MEA Feed Premix Market Dynamics – Trends
13. Competition Landscape
13.1. Strategic Dashboard of Top Market Players 13.2. Company Profiles (Introduction, Financial Analysis, Product & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
13.2.1. DSM NV
13.2.2. Evialis
13.2.3. Nutreco NV
13.2.4. Biomin
13.2.5. DLG Group
13.2.6. BEC Feed Solutions
13.2.7. Cargill Inc.
13.2.8. DBN Group
13.2.9. Land O Lakes Feed
13.2.10. Archer Daniels Midland
13.2.11. Charoen Pokphand
13.2.12. Godrej Agrovet
13.2.13. ForFarmers
13.2.14. Continental Grain Company
13.2.15. Nippai
13.2.16. Lallemand Animal Nutrition
13.2.17. De Heus
13.2.18. Kent Feeds
13.2.19. InVivo NSA.
14. Research Methodology
15. Key Assumptions and Acronyms
- Cargill, Inc.
- Archer Daniels Midland Company (ADM)
- Dansk Landbrugs Grovvareselskab A.M.B.A. (DLG)
- BASF SE
- Land O'Lakes, Inc.
- Godrej Agrovet Limited
- Koninklijke DSM N.V.
- Invivo Group
- Danish Agro
- BDT Group
- ForFramers B.V.
- De Hues Group