Feed Premix Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Ingredient Type (Antibiotics, Vitamins, Amino Acids, Minerals, Others), By Livestock (Poultry, Ruminants, Swine, Aquatic Animals, Others), By Form (Dry, Liquid), By Region, and Competition 2018-2028

Published Date: February - 2025 | Publisher: MIR | No of Pages: 320 | Industry: Agriculture | Format: Report available in PDF / Excel Format

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The Feed Premix Market is expected to reach USD 13.35 billion in 2025 and grow at a CAGR of 5.40% to reach USD 17.37 billion by 2030.

In 2021, the compound feed production in South Korea amounted to approximately 19 million tonnes.

Global Feed Premix Market is expected to expand during the projected period due to increasing demand for compound animal feed,

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Rising Need for Compound Animal Feed

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 milk, meat, eggs, and other livestock products depends on the availability of 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 growth in the demand for livestock products. Another key justification for looking into more easy, affordable, and alternative sources to produce animal feed is growing global population. Appropriate dietary intensity is one of the costliest feed formulation ingredients in animal diets.

In addition, 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, performance, and other advantages.

For instance, according to the International Feed Industry Federation (IFIF) annually compound feed production has reached 0.9 billion tonnes globally.

According to IFIF, in 2020, Compound feed production in the USA was more than 215.79 MT.

Furthermore, in 2023, The Food and Agriculture Organization of the United Nations (FAO) in collaboration with the Ministry of Agriculture, Land and Fisheries in Trinidad and Tobago, the University of the West Indies (UWI), St. Augustine Campus, and Fera Science Ltd. focused on production and use of the black soldier fly (BSF), as an alternative source of high-quality protein for poultry and aquaculture feed.

However, a significant issue in guaranteeing food safety across the whole livestock and aquaculture production and delivery chain is compound feed with quality assurance. Animal breeders are concentrating on enhancing animal health and their nutrient-dense diet to satisfy the demand for high-quality meat due to rising meat consumption throughout the world. Premixes play a crucial function in enhancing the nutritional value of feed and the performance of animals while guarding against illnesses.

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For instance, MIAVIT GmbH, as the leader of Feed and Food manufacturer industry, have been supporting Livestock by its specific mycotoxin binder’s products; MiaBond line globally.

Animal health and welfare have been shown to be improved by strengthening feed premixes. As a result, it is becoming a practical and affordable method for increasing animal output for long-term food security. Therefore, increasing demand for feed premix by animal feed producers led to the growth of Global Feed Premix Market in the forecast years.

Growing Demand and Consumption of Livestock-Based Products

Eggs, dairy goods, and meat products are included in livestock-based products. The addition of feed premix to the diet of livestock aids in the provision of enough vitamins and minerals, improves nutrition, and results in better production of livestock-based products like milk. The demand for feed premix is being driven by a rise in the acceptance and consumption of dairy and meat products as well as the sales of items derived from livestock.

In addition, the adoption of feed premix among livestock farmers is further fueled by growing consumer awareness of the importance of high-quality standards in foods, including meat and other animal protein products, as well as increasing awareness about providing adequate nutrition levels in animal feed for improving the health and productivity of livestock.

For instance, in 2020,

Consumption of animal products will increase only when consumers’ demand for staple foods (starchy meals and other foods with a plant origin) are achieved. Increasing demand for resources to produce animal goods will result from greater use of animal products, competing with the usage of grains for human direct consumption as well as other agricultural products.

Amino Acids will be the Key Ingredient Type

Amino Acids act as the Insulation block for animal protein synthesis and are essential for enhancing both the quality and quantity of meat. The idea of "optimum protein" is one of the most important developments in animal nutrition. Amino acid contains proteins and polypeptides that support improved growth rate, helps in increasing production, and reduces incidences of diseases in animals. To promote growth and nitrogen retention in cattle, it helps animals maintain a balanced amino acid pattern. Many amino acids are given as supplements to farmed animals to increase their productivity. The amino acids feed premix contains L-lysine, DL-methionine, and L-threonine which improves the synthetic efficiency of protein. The availability of those components permits a user to anticipate an increase in protein synthesis efficiency. Amino acids help to break down the food.

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For Instance, ADM Animal Nutrition launched PROPLEX T, a high-concentrate protein which provides flexibility in ration formulation due to lower inclusion rate needed to achieve targeted levels of essential amino acids.

Additionally, Vitamins are chemical components and macronutrients that animals require in little amounts to maintain life. Vitamin deficiency is on the rise among living things across the world, and several health authorities have identified it as their top health issue. According to study by Bio station approximately 80% of Americans are vitamin E deficient and 90% of Americans (person of color) are vitamin D deficient. Therefore, importance is given to items that are fortified with premixes of the required vitamins.

For instance, in 2021, BASF completed an investment in a vitamin A plant expansion in Ludwigshafen, Germany to enhance vitamin A supply.

Furthermore, in 2022, BASF increases the production capacity of its feed enzymes plant in Ludwigshafen, which will further support the animal nutrition industry.

All these factors increase the

However, lack of awareness among the livestock farmers regarding the advantages of feeding livestock with feed premix, results in restraining the growth of market. Moreover, it is anticipated that the government's strict regulatory framework and the rising cost of feed ingredients slow down the market growth. The use of antibiotics has been outlawed in many nations, due to overuse and misuse of antibiotics and other chemicals which are used to avoid the animal and human infection which plainly poses a danger to the Global Feed Premix Market.

For instance, in 2019, Health Ministry of India bans sale, distribution of antibiotic Colistin for food producing animals,

Recent Developments

  • In February 2023, Nutreco N.V. invests in BiomEdit, to transform feed additives through Biome-actives in the livestock products.
  • BASF and Cargill offer high-performance enzyme solutions to animal protein producers in the United States in January 2023.
  • In October 2022, Cargill, together with Naturisa S.A. signed an agreement with Skyvest EC Holding S.A. to create a new joint venture that will serve Ecuadorian shrimp farmers’ a high-quality shrimp feed.
  • Evonik and BASF signed an agreement to reduce the environmental footprint of the feed and animal protein industries in September 2022.

Market Segmentation

Some of the key players in the feed premix market include 

  • DSM A global feed premix market player
  • BASF SE A global feed premix market player
  • Cargill, Incorporated A global feed premix market player
  • Nutreco N.V. A global feed premix market player
  • InVivo Group A global feed premix market player
  • Jubilant Life Sciences A global feed premix market player
  • Koninklijke Coöperatie Agrifirm U.A. A global feed premix market player
  • Phibro Animal Health Corporation A global feed premix market player
  • Archer Daniels Midland Company A global feed premix market player
  • Agrofeed A global feed premix market player
  • Novus international A global feed premix market player

Company Profiles

Koninklijke DSM N.V., BASF SE, Nutreco N.V., Cargill, Incorporated, Purina Animal Nutrition LLC., Kemin Industries, Inc., Alltech, Inc., The Archer-Daniels-Midland Company, Godrej Agrovet Limited, BEC Feed Solutions Pty Ltd are some of the key players of Global Feed Premix Market.

Attribute

Details

Base Year

2022

Historic Data

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

Ingredient Type

Livestock

Form

Regional scope

North America, Europe, Asia Pacific, South America, Middle East & Africa

Country scope

United States; Mexico; Canada; France; Germany; United Kingdom; Spain; Italy; China; India; South Korea; Japan; Australia; Brazil; Argentina; South Africa; Saudi Arabia; UAE

Key companies profiled

Koninklijke DSM N.V., BASF SE, Nutreco N.V., Cargill, Incorporated, Purina Animal Nutrition LLC., Kemin Industries, Inc., Alltech, Inc., The Archer-Daniels-Midland Company, Godrej Agrovet Limited, BEC Feed Solutions Pty Ltd

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

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Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Table of Content

Table of Contents

1 Executive Summary

2 Market Introduction

2.1 Definition 17

2.2 Scope of the Study 17

2.3 List of Assumptions 17

2.4 Market Structure 18

2.5 Key Takeaways 18

2.6 Key Buying Criteria 19

3 Research Methodology

3.1 Research Process 21

3.2 Primary Research 22

3.3 Secondary Research 23

3.4 Market Size Estimation 24

3.5 Forecast Model 24

4 Market Dynamics

4.1 Introduction 26

4.2 Drivers 27

4.2.1 Increasing Demand for Industrial Livestock Production 27

4.2.2 Surging Demand for Compound Feed 27

4.2.3 Rising Trend of Precision Nutrition among Feed Manufacturers 28

4.3 Restraint 29

4.3.1 Bioavailability, Stability, and Mixability of Feed Premix Ingredients 29

4.4 Opportunities 30

4.4.1 Introduction of Innovative Feed Premix Formulations 30

5 Market Factor Analysis

5.1 Value Chain Analysis 32

5.1.1 Raw Material Procurement 32

5.1.2 Processing 33

5.1.3 Packaging 33

5.1.4 Storage 33

5.2 Supply Chain Analysis 34

5.3 Porter’s Five Forces Analysis 35

5.3.1 Threat of New Entrants 35

5.3.2 Bargaining Power of Suppliers 36

5.3.3 Threat of Substitutes 36

5.3.4 Bargaining Power of Buyers 36

5.3.5 Rivalry 36

6 Global Feed Premixes Market, by Ingredient Type

6.1 Overview 38

6.1.1 Vitamins 38

6.1.2 Minerals 38

6.1.3 Amino Acids 38

6.1.4 Lipids 38

6.1.5 Others 39

7 Global Feed Premixes Market, by Livestock

7.1 Overview 43

7.1.1 Poultry 43

7.1.2 Ruminants 43

7.1.3 Swine 43

7.1.4 Aquaculture 43

7.1.5 Others 43

8 Global Feed Premixes Market, by Region

8.1 Introduction 48

8.2 North America 49

8.2.1 US 51

8.2.2 Canada 52

8.2.3 Mexico 53

8.3 Europe 54

8.3.1 UK 56

8.3.2 Germany 57

8.3.3 France 58

8.3.4 Italy 59

8.3.5 Spain 60

8.3.6 Russia 61

8.3.7 Rest of Europe 62

8.4 Asia-Pacific 64

8.4.1 China 66

8.4.2 India 67

8.4.3 Japan 68

8.4.4 Australia & New Zealand 69

8.4.5 Thailand 70

8.4.6 Indonesia 71

8.4.7 Vietnam 72

8.4.8 Rest of Asia-Pacific 73

8.5 Rest of the World (RoW) 74

8.5.1 Middle East 76

8.5.2 Africa 77

8.5.3 South America 78

8.5.3.1 Brazil 79

8.5.3.2 Argentina 80

8.5.3.3 Rest of South America 81

9 Company Profiles

9.1 Cargill, Incorporated 84

9.1.1 Company Overview 84

9.1.2 Financial Overview 84

9.1.3 Products Offered 85

9.1.4 Key Developments 86

9.1.5 SWOT Analysis 86

9.1.6 Key Strategy 87

9.2 Archer Daniels Midland Company 88

9.2.1 Company Overview 88

9.2.2 Financial Overview 88

9.2.3 Products Offered 89

9.2.4 Key Developments 89

9.2.5 SWOT Analysis 89

9.2.6 Key Strategy 89

9.3 Nutreco N.V. 90

9.3.1 Company Overview 90

9.3.2 Financial Overview 90

9.3.3 Products Offered 90

9.3.4 Key Developments 91

9.3.5 SWOT Analysis 91

9.3.6 Key Strategy 91

9.4 Koninklijke DSM N.V. 92

9.4.1 Company Overview 92

9.4.2 Financial Overview 92

9.4.3 Products Offered 93

9.4.4 Key Developments 93

9.4.5 SWOT Analysis 94

9.4.6 Key Strategy 94

9.5 Koninklijke De Heus B.V. 95

9.5.1 Company Overview 95

9.5.2 Financial Overview 95

9.5.3 Products Offered 95

9.5.4 Key Developments 95

9.5.5 SWOT Analysis 95

9.5.6 Key Strategy 96

9.6 Land O’lakes, Inc. 97

9.6.1 Company Overview 97

9.6.2 Financial Overview 97

9.6.3 Products Offered 98

9.6.4 Key Developments 98

9.6.5 SWOT Analysis 98

9.6.6 Key Strategies 98

9.7 ForFarmers N.V. 99

9.7.1 Company Overview 99

9.7.2 Financial Overview 99

9.7.3 Products Offered 100

9.7.4 Key Developments 100

9.7.5 SWOT Analysis 100

9.7.6 Key Strategies 100

9.8 Dansk Landbrugs Grovvareselskab a.m.b.a. 101

9.8.1 Company Overview 101

9.8.2 Financial Overview 101

9.8.3 Products Offered 102

9.8.4 Key Developments 102

9.8.5 Key Strategies 102

9.9 Phibro Animal Health Corporation 103

9.9.1 Company Overview 103

9.9.2 Financial Overview 103

9.9.3 Products Offered 104

9.9.4 Key Developments 104

9.9.5 SWOT Analysis 104

9.9.6 Key Strategies 104

9.10 AB Agri Ltd 105

9.10.1 Company Overview 105

9.10.2 Financial Overview 105

9.10.3 Products Offered 105

9.10.4 Key Development 105

9.10.5 SWOT Analysis 106

9.10.6 Key Strategies 106

10 Conclusion

10.1 Key Findings 108

List Tables Figures

List of Tables and Figures

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