Feed Premix market by Type, Share, Size, Forecast and Analysis 2021
The Global Feed Premix market has been estimated at USD 85.5 Billion in 2016 and is projected to reach USD 100.08 Billion by 2021, at a CAGR of 3.2% during the forecast period from 2017 to 2021
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Increasing consumption of red meat, rise in the awareness for animal health and good quality feed grades for livestock and advancement of agricultural and chemical technologies is driving the global market for feed premix. But the market is said to get affected due to strict government regulations over the pricing of products and also due to the rising costs of agricultural raw materials required for livestock.
The Global feed premixes market is segmented into ingredient type and livestock type as following:
By Ingredient type
By livestock type
Geographically, the market for feed premix is segmented into following regions:
Middle-East and Africa
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Leading players in the feed premix market are Cargill, Koninklijke DSM N.V., Nutreco N.V., Archer Daniels Midland Company, and InVivo Nutrition et Sante Animales. Existing companies such as DSM and Nutreco have been actively involved in acquisition of regional suppliers and ingredient manufacturers in these regions to strengthen their market presence.
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