NEW YORK, Aug. 30, 2021 /PRNewswire/ — A new market research report on the global feed premix market has been released by Technavio. The market is expected to grow by USD 2.13 billion, progressing at a CAGR of almost 4% during 2021-2025. The report presents detailed information on the upcoming trends, challenges, and uncovers successful business strategies adopted by vendors during the crisis.
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Feed Premix Market Report: Major Facts
Released: Aug 2021
Forecast years: 2021-2025
No. of Exhibits: 109
Companies covered: 25+ companies including dominant players such as Archer Daniels Midland Co. (US), BASF SE (Germany), Cargill Inc. (US), DLG Amba (Denmark), and Hi-Nutrients International (Nigeria).
Coverage: Application segment and geographical landscape.
Segmentation by Application: Based on the application, the market is segmented by poultry, ruminants, swine, aquatic animals, and others. The poultry segment generated maximum revenue in the market in 2020. The growth of the market in the segment will be significant during the forecast period.
Segmentation by Geography: The feed premix market size is analyzed across APAC, Europe, North America, South America, and MEA. APAC is currently the largest market for feed premix and the region is expected to retain its position over the forecast period. The feed premix market in APAC is driven by rapid population growth and increasing consumption of meat. China is the key market for feed premix in APAC.
Major Growth Driver:
The global feed premix market is driven by the increased focus on animal health. The increasing prevalence of various animal diseases is one of the major concerns in the livestock industry. Hence, strengthening the immunity of animals is essential to combat health risks posed by livestock diseases. This is resulting in a surge in the demand for high-quality feed concentrates and premixes that enhance the health of animals as well the productivity. Moreover, livestock farm operators need to comply with several safety regulations that focus on animal health. All these factors are fostering the growth of the market.
Gain access to a detailed customer landscape matrix comparing key industry-driven parameters by requesting a free sample: www.technavio.com/talk-to-us?report=IRTNTR45640
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Table of contents:
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 – 2025
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application
- Poultry – Market size and forecast 2020-2025
- Ruminants – Market size and forecast 2020-2025
- Swine – Market size and forecast 2020-2025
- Aquatic animals – Market size and forecast 2020-2025
- Others – Market size and forecast 2020-2025
- Market opportunity by Application
- Customer landscape
- Geographic segmentation
- Geographic comparison
- APAC – Market size and forecast 2020-2025
- North America – Market size and forecast 2020-2025
- Europe – Market size and forecast 2020-2025
- South America – Market size and forecast 2020-2025
- MEA – Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- Archer Daniels Midland Co.
- BASF SE
- Cargill Inc.
- DLG Amba
- Hi-Nutrients International
- Koninklijke Cooperatie Agrifirm UA
- Koninklijke DSM NV
- Land O Lakes Inc.
- Livestock Feeds Plc
- Nutreco NV
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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