DUBLIN, August 11, 2021– (COMMERCIAL THREAD)–The “Food Premix Market by Type, Form, Application – Global Forecast to 2028” report was added to ResearchAndMarkets.com offer.
The food premix market is expected to reach $ 12.2 billion by 2028, at a CAGR of 3.7% during the forecast period, 2021-2028.
The growth of this market is mainly attributed to the use of feed premixes as a single ingredient rather than multiple ingredients, the growing demand for compound feed, and increased awareness of the safety of meat products.
Based on type, the food premix market is segmented into combination, vitamins, minerals, amino acids, nucleotides, fiber, nutraceuticals and other premixes. Combined premixes segment is estimated to account for the largest share of the feed premix market in 2021. The large share of this segment is mainly attributed to increasing consumption of compound feed, growing demand foods fortified with vitamins and minerals and increased consumer awareness of the nutrition required for pets. However, it is also expected to experience significant growth, as a cost-effective solution for customers and providing multiple nutrients to animals.
On the basis of form, the food premix market is segmented into powder and liquid. The powders segment is estimated to account for the largest share of the food premix market in 2021. The significant share of this segment is mainly attributed to its advantages over liquid forms, such as better homogeneity, ease of handling, simple transport economy and better stability of a premix.
On the basis of applications, the feed premix market is segmented into poultry feed, ruminant feed, pig feed, aquaculture feed, and other food applications. The poultry feed segment is estimated to account for the largest share of the feed premix market in 2021. The large share of this segment is mainly attributed to the high demand for poultry feed due to the increase consumption of poultry meat and poultry farming, especially in developing regions. , such as Asia-Pacific and South America.
However, the aquaculture feed segment is expected to grow at the highest CAGR during the forecast period. The rapid growth of this segment is mainly attributed to the growing emphasis on balanced trade diets that promote optimal growth and health of fish, increasing global demand for fish and fishery products, and increasing growth of the aquaculture industry.
The Asia-Pacific region is estimated to account for the largest share of the feed premix market in 2021. The large share of this region is mainly attributed to the growth of the compound feed industry, the growth economic, growing demand for pet food supplements in emerging and developing countries, including India, China, Indonesia and Thailand, and growing investments from major players in the region.
Key questions addressed in the report
What are the high growth market segments in terms of type, form, application and geography?
What is the historical market size for the food premix market?
What are the market forecasts and estimates for the period 2021-2028?
What are the main drivers, restraints, and opportunities in the feed premix market?
Who are the major market players and what market share do they have?
Who are the main players in the different countries and what market share do they have?
What is the competitive landscape of the feed premix market?
What are the recent developments in the food premixes market?
What are the different strategies adopted by the main market players?
What are the major geographic trends and which are the high growth countries?
Who are the emerging local players in the food premix market and how do they compete with other players?
The main players operating in the food premix market are
Koninklijke DSM NV
Archer Daniels Midland Company
Jubilant Pharmova Limited
Koninklijke Cooperatie Agrifirm UA
Dansk Landbrugs Grovvareselskab amba
Phibro Animal Health Society
Purina Animal Nutrition LLC
Burkmann Industries Inc.
Danish agro amba
From Heus Voeders BV
Main topics covered:
2. Research methodology
3. Executive summary
3.2. Regional analysis
3.3. Key players
4. Market overview
4.2.1. Use as a single ingredient on multiple ingredients
4.2.2. Growing demand for compound feed
4.2.3. Increased awareness of the safety of meat products
4.3.1. Regulatory structure and intervention
4.3.2. Technical problems during storage and handling procedures
4.4.1. Emergence of developing countries as strong consumers for food application
4.5. Impact of Covid-19 on the food premix market
4.6. Market share analysis
5. Global Food Premix Market, By Type
5.2. Combined premixes
5.3. Vitamin premixes
5.4. Mineral Premixes
5.5. Amino Acid Premixes
5.6. Nucleotide premixes
5.7. Fiber premixes
5.8. Nutraceutical premixes
5.9. Other premix
6. Global Animal Feed Premix Market, By Form
6.2. Powder form
6.3. Liquid form
7. Global Food Premix Market, By Application
7.2. Poultry feed
7.3. Ruminant feed
7.4. Pig feed
7.5. Aquatic food
7.6. Other animal feed
8. Feed premix market, by geography
9. Competitive landscape
9.2. Key growth strategies
9.3. Competitive benchmarking
10. Company profiles
10.1. Company presentation
10.2. Financial overview
10.3. Product portfolio
1 … 4. Strategic developments
For more information on this report, visit https://www.researchandmarkets.com/r/1rx1gl
View the source version on businesswire.com: https://www.businesswire.com/news/home/20210811005569/en/
Laura Wood, Senior Press Director
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