Feed Premix Market

Market Leaders - Feed Premix Market

The global Feed premix size is estimated to be valued at USD  24.3 billion in 2021 and is projected to reach a value of USD  32.9  billion by 2026, growing at a CAGR of 6.2% during the forecast period. The growth of this market is attributed to an Increase in the demand and consumption of livestock-based products.

Key players in this market include Nutreco N.V. (Netherlands), Cargill (US), Archer Daniels Midland Company (ADM) (US), BEC Feed Solutions (Australia), DLG Group (Denmark), Charoen Pokphand Foods PCL (Thailand), Land O’Lakes (US), AB Agri Ltd. (UK).

To know about the assumptions considered for the study download the pdf brochure

Deals, acquisitions, and new product launches were the key strategies adopted by the leading players in the Feed premix with a view to improving their product line and presence in the market.

Cargill, Incorporated (US), is an American multinational corporation company founded in 1865 and is headquartered in Minnetonka, US.

Cargill Incorporated (Cargill) operates through four major business segments: grain & oilseeds; animal nutrition; bio industrial; oils, fats, & foods; metals; and risk management and financial services. As livestock feed manufacturers seek sustainable and natural solutions to enhance animal performance and reduce and replace Antibiotic Growth Promoters (AGP) in feed, Cargill focuses on offering natural feed additives to cater to the needs of manufacturers. Through its animal nutrition business unit, Cargill offers feed additives, including feed enzymes, for livestock such as swine, poultry, ruminants, and aquaculture. The animal nutrition segment provides ‘promote additives,’ which is a category that includes multi-species lines and dedicated species solutions. Promote additives offer ‘Enzae,’ a feed enzyme product type, to optimize feed costs and consistently improve performance.

Its major competitors are Ingredion Incorporated (US), Associated British Foods plc (UK), Archer Daniels Midland Company (US).

Archer Daniels Midland (ADM) (US), is primarily engaged in the production of food ingredients, animal feed & feed ingredients, and biofuels. The company operates through five segments—origination, oilseeds, carbohydrate solutions, nutrition, and others. It offers feed premixes through its nutrition segment. ADM Animal Nutrition, a wholly-owned subsidiary of ADM, is involved in the manufacturing and marketing of a wide range of products for the animal nutrition market. It offers feed products, premixes, supplements, custom ingredient blends, and specialty feed ingredients to optimize animal health. It also offers premixes for livestock, poultry, and pets. Under its animal nutrition segment, there are several product categories that include acidifiers, binders, endotoxin reducers, enzymes, flavors, immunomodulators, phytogenic products, pigsments, raw materials, vitamins, water-soluble minerals, water-soluble vitamins, and yeast derivatives. In 2015, the company opened its third facility in Nanjing (China) for feed premix production. The facility manufactures around 30,000 metric tons of premix products per year. The company also owns premix production facilities in Tianjin and Dalian (China). In 2017, ADM opened its fourth feed premix plant in Zhangzhou (China). It has an annual production capacity of 30,000 metric tons of feed premixes

Related Reports:

Feed Premix Market by Ingredient Type (Vitamins, Minerals, Amino Acids, Antibiotics, Antioxidants), Livestock (Poultry, Ruminants, Swine, Aquatic Animals, Equine, and Pets), Form (Dry and Liquid), and Region - Global Forecast to 2026

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Report Code
AGI 2988
RI Published ON
4/12/2021
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Feed Premix Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2021 MarketsandMarkets Research Private Ltd. All rights reserved