A feed premix is a mixture of vitamins, medicaments, trace minerals, amino acids, diluents, and other supplements. A feed premix is added to livestock diets in order to achieve a sufficient level of vitamins and minerals and give them proper nourishment. Micronutrients, including vitamins, minerals, and amino acids, are mostly not found in animal feed. Hence, consumers add feed premix to animal feed, which helps them in getting a wholesome nutritional diet. Premixes are essential for optimizing growth, zootechnical performance, and reproduction in livestock.

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Rising demand for livestock-based products, including meat and dairy protein among consumers is the major factor driving the growth of the global feed premix market. Increasing awareness about providing adequate nutrition levels in animal feed for enhancing the health and productivity of livestock is another prominent factor driving the growth of the feed premix market. Moreover, the growing awareness among health-conscious consumers regarding the importance of high-quality standards in foods, including meat and other animal protein products, is further driving the adoption of feed premix among the livestock farmers.

Feed premixes offer nutritional supplements that help in achieving high-quality products, including meat, eggs, milk, fur, leather, and wool by the cattle. Additionally, they also help to improve livestock health and control diseases. These factors are boosting the growth of the feed premix market. With continuous advancements in technology and awareness among farmers, implementation of innovative animal husbandry practices including vaccine technology, genetic engineering, dust filtering technology, biometric sensors, and use of artificial intelligence for monitoring the farm animals are steering the growth of the animal husbandry industry, thereby boosting the growth of the feed premix market. Stringent government regulation, ban on antibiotics in various countries, and the high cost of feed premix ingredients are some of the factors restraining the growth of feed premix market.

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Based on ingredient type, the market is segmented into vitamins, minerals, amino acids, antibiotics, antioxidants, and others. The amino acid is expected to dominate the global feed premix market during the forecast period owing to the growing use of amino acid as feed premix for a wide range of animals, including cows, sheep, pigs, hens, and other cattle. The amino acid contains proteins and polypeptides that support improved growth rate, helps in increasing production, and reduces incidences of diseases in animals, thereby contributing significantly to the profitability of a farm.

Based on livestock, the market is segmented into poultry, ruminants, swine, aquatic animals, equine, and pets. The poultry segment is predicted to grow at a higher CAGR in the global feed premix market, primarily due to its low production cost and high demand among customers. The pets segment is expected to grow at a high CAGR over the forecast period owing to the increase in the adoption of pets and the growing awareness regarding animal health throughout the world.

Based on the form, the market is segmented into dry and liquid. The dry form of feed premix is expected to lead the market owing to several benefits, including convenient storage and packaging, longer shelf life, and easy to use features. Increased accuracy of feeding, more appropriate feeding scales, and reduction of dust during handling and feeding are some of the factors contributing to the growth of the liquid feed premix market.

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Based on the region, Asia-Pacific is anticipated to grow at a faster CAGR during the forecast period due to the increasing consumption of meat in this region. Increasing population size, coupled with the rise in disposable income are likely to fuel the demand for poultry and dairy-based products, thereby supporting the growth of the feed premix market in the region. The rising number of aquatic and poultry animal farms in countries, including India and China is expected to boost the demand for feed premix products.

Various notable players operating in the global feed premix market include Koninklijke DSM N.V., Cargill, Incorporated, Archer-Daniels-Midland Company, BASF SE, AB Agri Ltd., Land O’Lakes, Inc., Phibro Animal Health Corporation, Devenish Nutrition, LLC., Lexington Enterprises Pte. Ltd., and Nutreco N.V., among others. 

Key Developments: 

• • In 2020, Layn Corp., a global producer of high quality natural animal nutrition ingredients, plant-based sweeteners and functional botanical extracts, launched TruGro MAX, a natural additive for animal feed that provides potent antioxidant support. With this launch, the company will strengthen its product portfolio in the animal feed market.
  • In 2019, BASF SE launched an advanced phytase named as, Natuphos E for the feed industry in Indonesia. Natuphos E helps animals in better utilization of important nutrients, including phosphorous, calcium, amino acids, and energy. This product has 18-month shelf-life stability, promotes healthy growth in animals, and reduces phosphorus emissions from livestock. This launch of phytase will help the company in strengthening its feed premix market in Indonesia.
  • In 2019, Land O’Lakes, Inc. partnered with Royal Agrifirm Group, a Netherlands based company, to set up a dairy animal feed joint venture named as Agrilakes in China. Agrilakes will utilize the market knowledge, insights, technologies and research capabilies of both Land O’Lakes and Agrifirm to provide service to feed customers and dairy farmers in China. This joint venture will benefit both the companies in market expansion in China.

The global feed premix market has been segmented on the basis of ingredient type, livestock, form, and regions. Based on ingredient type, the market is segmented into vitamins, minerals, amino acids, antibiotics, antioxidants, and others. Based on livestock, the market is segmented into poultry, ruminants, swine, aquatic animals, equine, and pets. Based on the form, the market is segmented into dry and liquid.

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Key questions answered in this research report:

• • At what pace is global Feed Premix Market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Feed Premix Market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Feed Premix Market?
  • Which ingredient type generated maximum revenues in 2019 and identify the most promising ingredient type during the forecast period?
  • What are the various forms of global Feed Premix Market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Ingredient Type, By Livestock, By Form and By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Koninklijke DSM N.V., Cargill, Incorporated, Archer-Daniels-Midland Company, BASF SE, AB Agri Ltd., Land O’Lakes, Inc., Phibro Animal Health Corporation, Devenish Nutrition, LLC. , Lexington Enterprises Pte. Ltd., and Nutreco N.V. among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Feed Premix Market by Ingredients Type

• • Vitamins
  • Minerals
  • Amino Acids
  • Antibiotics
  • Antioxidants
  • Others

Global Feed Premix Market by Livestock

• • Poultry
  • Ruminants
  • Swine
  • Aquatic Animals
  • Equine
  • Pets

Global Feed Premix Market by Form

• • Dry
  • Liquid

Global Feed Premix Market by Region

• • North America Feed Premix Market (Option 1: As a part of the free 25% customization)
    • North America Feed Premix Market by Ingredients Type
    • North America Feed Premix Market by Livestock
    • North America Feed Premix Market by Form
    • US Feed Premix Market All-Up
    • Canada Feed Premix Market All-Up
  • Europe Feed Premix Market (Option 2: As a part of the free 25% customization)
    • Europe Feed Premix Market by Ingredients Type
    • Europe Feed Premix Market by Livestock
    • Europe Feed Premix Market by Form
    • UK Feed Premix Market All-Up
    • Germany Feed Premix Market All-Up
    • France Feed Premix Market All-Up
    • Spain Feed Premix Market All-Up
    • Rest of Europe Feed Premix Market All-Up
  • Asia-Pacific Feed Premix Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Feed Premix Market by Ingredients Type
    • Asia-Pacific Feed Premix Market by Livestock
    • Asia-Pacific Feed Premix Market by Form
    • China Feed Premix Market All-Up
    • India Feed Premix Market All-Up
    • Japan Feed Premix Market All-Up
    • Rest of APAC Feed Premix Market All-Up
  • RoW Feed Premix Market (Option 4: As a part of the free 25% customization)
    • RoW Feed Premix Market by Ingredients Type
    • RoW Feed Premix Market by Livestock
    • RoW Feed Premix Market by Form
    • Brazil Feed Premix Market All-Up
    • South Africa Feed Premix Market All-Up
    • Saudi Arabia Feed Premix Market All-Up
    • UAE Feed Premix Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Feed Premix Market All-Up

Global Feed Premix Market Players (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Koninklijke DSM N.V.
  • Cargill, Incorporated
  • Archer-Daniels-Midland Company
  • BASF SE
  • AB Agri Ltd.
  • Land O’Lakes, Inc.
  • Phibro Animal Health Corporation
  • Devenish Nutrition, LLC.
  • Lexington Enterprises Pte. Ltd.
  • Nutreco N.V.