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Global Feed premix Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028
According to Stratistics MRC, the Global Feed Premix Market is accounted for $1.70 billion in 2022 and is expected to reach $2.50 billion by 2028 growing at a CAGR of 6.6% during the forecast period.Food premix is a blend of minerals, vitamins, and other functional ingredients that is used to stabilise food and beverages. Some of the major premixes are vitamin premixes, mineral premixes, nucleotide premixes, amino acid premixes, and botanical premixes. They are gaining traction in nutritional supplements and other food products because they improve overall quality and texture. Food premixes benefit bone health, immunity, digestion, heart health, and weight management.
Animals continue to make significant contributions to the world's food supply. As a result, animal feeds have grown in importance as a component of the integrated food chain. Meeting consumer demand for more eggs, meat, milk, and other livestock products is heavily reliant on the availability of a consistent supply of suitable, affordable, and secure animal feeds. As a result of the massive increase in demand for livestock products worldwide, there is an increasing need for more feed supplies, which is driving market growth.
By geography, The North America region is expected to grow significantly and is expected to register the highest CAGR growth during the forecast period due to increased demand for processed poultry products. Furthermore, rising demand for high-quality meat will drive the region's feed premix market growth during the forecast period. The rapid adoption of efficient and technologically advanced farm management practises by livestock farmers in this region would continue to drive market growth.
Some of the key players profiled in the Feed Premix Market include Cargill, Incorporated, Kemin Industries, Land O'lakes, Inc., De Heus Animal Nutrition, Alltech, Inc., Zinpro Corporation, Novus International, Inc., AB Agri Ltd, Archer Daniels Midland Company, De Heus Animal Nutrition, DLG Group, Jubilant Life Sciences, Land O'Lakes, Inc., Koninklijke DSM N.V., Nutreco N.V. and Purina Animal Nutrition LLC.
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Types Covered:
• Minerals
• Amino acids
• Vitamins
• Antibiotics
• Antioxidants
• Other Types
Forms Covered:
• Organic
• Conventional
Applications Covered:
• Swine
• Aquatic animals
• Poultry
• Ruminats
• Equine
• Other Applications
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
● Company Profiling
● Comprehensive profiling of additional market players (up to 3)
● SWOT Analysis of key players (up to 3)
● Regional Segmentation
● Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
● Competitive Benchmarking
● Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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Stratistics MRC offers a wide spectrum of research and consulting services with in-depth knowledge of different industries. Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.
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