Asia-Pacific Feed Premix Market Research Analysis Report 2021
Asia- Pacific feed premix market has been estimated at USD 22.23 Billion in 2016 and is projected to reach USD 27.84 Billion by 2021, at a CAGR of 4.60%
(EMAILWIRE.COM, December 28, 2017 ) Feed premix is a value added solution for feeds with sustainable safety and quality. The main objective of food premixes is to deliver the micro ingredients in a manner desired by the consumer. It provides strength to bones and muscles of the livestock, for healthy growth higher production. It also ensures proper coagulation of blood in livestock.Increasing awareness among the farmers about the pros of using feed premixes is rising the demand in Asia-Pacific region. Consumers preferring white meat over red meat has led to increase in demand owing to health benefits from poultry meat consumption. But, lack of product awareness and rising raw material cost may affect overall industry and impact feed premix market price trend.
The Asia-Pacific feed premixes market is segmented into ingredient type and livestock. Each of the segments is further subdivided into various segments as follows: Ingredient type: Vitamins, Minerals, Amino acids, Antibiotics and Other ingredients (Preservatives, organic acids, antioxidants, enzyme, pigments, and flavors) and Livestock: Poultry, Ruminants, Swine, Aquatic animals and other animals that include pet animals, birds, and reptiles. By type, Vitamins are the most widely used premix. The demand for feed premixes in poultry industry accounted for the largest share and is projected to be the fastest-growing segment.
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On geographical basis Asia Pacific Feed premix market is segmented into: China, India, Japan, Australia and others. China is the key market in the world for the consumption of feed additives and premix. Pork application may witness significant increase in demand owing rising consumption in Asia Pacific. Increasing consumer awareness regarding livestock health and hygiene are creating growth opportunities for feed premix market in this region.
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Leading players in the Asia-Pacific 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. Key strategies are being employed by major companies in developing markets of Asia-Pacific through the expansion of manufacturing plant capacities to meet the growing feed premix demand.
About Market Data Forecast
Market Data Forecast is a well versed market research firm catering solutions in the fields of market research, business intelligence and consulting. With a profound knowledge about the global market activities coupled with a customized approach. We render services in the most gripping markets like healthcare, agriculture and food & Beverages
The Asia-Pacific feed premixes market is segmented into ingredient type and livestock. Each of the segments is further subdivided into various segments as follows: Ingredient type: Vitamins, Minerals, Amino acids, Antibiotics and Other ingredients (Preservatives, organic acids, antioxidants, enzyme, pigments, and flavors) and Livestock: Poultry, Ruminants, Swine, Aquatic animals and other animals that include pet animals, birds, and reptiles. By type, Vitamins are the most widely used premix. The demand for feed premixes in poultry industry accounted for the largest share and is projected to be the fastest-growing segment.
Free sample of the report is available @ http://www.marketdataforecast.com/market-reports/asia-pacific-feed-premix-market-402/request-sample
On geographical basis Asia Pacific Feed premix market is segmented into: China, India, Japan, Australia and others. China is the key market in the world for the consumption of feed additives and premix. Pork application may witness significant increase in demand owing rising consumption in Asia Pacific. Increasing consumer awareness regarding livestock health and hygiene are creating growth opportunities for feed premix market in this region.
Inquire before buying @ http://www.marketdataforecast.com/market-reports/asia-pacific-feed-premix-market-402/inquire
Leading players in the Asia-Pacific 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. Key strategies are being employed by major companies in developing markets of Asia-Pacific through the expansion of manufacturing plant capacities to meet the growing feed premix demand.
About Market Data Forecast
Market Data Forecast is a well versed market research firm catering solutions in the fields of market research, business intelligence and consulting. With a profound knowledge about the global market activities coupled with a customized approach. We render services in the most gripping markets like healthcare, agriculture and food & Beverages
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results