
Feed Premixes Market Share, Growth Drivers, Analysis, Revenue, Demand, Key Player, Challenges and Future Opportunities 2034: SPER Market Research
Category :
Chemical & Materials
Published: Apr-2025
Author: SPER Analysis Team
Feed Premixes Market Share, Growth Drivers, Analysis, Revenue, Demand, Key Player, Challenges and Future Opportunities 2034: SPER Market Research
Global Feed Premixes Market is projected to be worth 32.2 billion by 2034 and is anticipated to surge at a CAGR of 8.81%.
Feed premixes are specialized blends of ingredients added to animal feed to ensure that livestock receive the necessary nutrients for optimal health, growth, and productivity. These premixes typically contain a variety of vitamins, minerals, amino acids, antioxidants, and other essential nutrients tailored to meet the specific dietary requirements of different animals, including poultry, pigs, cattle, and aquaculture species. By providing a precise balance of nutrients, feed premixes help improve animal health, enhance feed efficiency, and increase overall productivity
Drivers:
The rising demand for livestock-based products like dairy, meat, and eggs is expected to boost the use of feed additives for the growth of farm animals. Global meat production is projected to increase by 16% by 2025, with poultry meat leading the growth due to its high demand, low production costs, and affordable prices in both developed and developing countries. Emerging markets in Asia Pacific and Latin America accounted for about 47% of global demand in 2017, with developing countries in Asia Pacific expected to see a 2.4% annual increase in meat consumption until 2030. This growth has driven the need for high-quality feed concentrates and premixes to improve meat quality. The rise in demand for protein and greater awareness of animal health, along with technological advancements, has led to the development of advanced feed products.
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Challenges:
The global feed industry aims to enhance feed efficiency by improving feed conversion rates for livestock and farmed fish. Achieving sustainability involves developing a unified environmental footprint methodology based on life cycle analysis across the supply chain. This approach can help establish common metrics for resource efficiency. Efficient use of feed ingredients can reduce the environmental impact of livestock farming, while utilizing co-products from other industries can lessen the pressure on land-grown crops. The European Union banned antibiotics as growth promoters in 2006 due to microbial resistance, leading to a global decline in antibiotic use, particularly in countries like China, India, and the US. This restriction has forced companies to eliminate antibiotics from feed premixes, posing a challenge for manufacturers dependent on such products.
Global Market Key Players:
ADM, BASF SE, Cargill Inc., Danish Agro, DLG, dsm-firmenich, ForFarmers, Godrej Agrovet Limited, InVivo Group, and Land O'Lakes Inc.
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Global Feed Premixes Market Segmentation:
By Form: Based on the Form, Global Feed Premixes Market is segmented as; Dry, Wet.
By Product: Based on the Product, Global Feed Premixes Market is segmented as; Vitamins, Amino Acids, Antibiotics, Antioxidants, Other Products.
By Livestock: Based on the Livestock, Global Feed Premixes Market is segmented as; Pork/Swine, Poultry, Cattle, Aquaculture, Other Livestock.
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe and Middle East & Africa.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discuss
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