Feed Premix Market

Market Leaders - Feed Premix Market

The feed premix market size is estimated to be valued at USD 21.6 billion in 2019 and is projected to be worth USD 30.9 billion by 2025, recording a CAGR of 6.2% during the forecast period. The growth in feed demand due to the increased in the consumption of livestock-based products is steering the growth of the market. Some of the major driving factors of the feed premix market include the rising demand for value-added feed and an increase in demand for animal protein.

Key players in this market include Nutreco N.V. (The Netherlands), Koninklijke DSM (The Netherlands), Cargill (US), ADM (US), and DLG Group (Denmark). Expansions & investments, mergers & acquisitions, joint ventures, and partnerships were some of the core strengths of the leading players in the feed premix market. These strategies were adopted by the key players to increase their market presence. It also helped them diversify their businesses geographically, strengthen their distribution networks, and enhance their product portfolios. Some of the other players in the feed premix industry include Charoen Pokphand Foods PCL (Thailand), Land O’Lakes, Inc. (US), AB Agri Ltd. (UK), Phibro Animal Health Corporation (US), BEC Feed Solutions Pty Ltd. (Australia), Kauno Grűdai (KG Group) (Lithuania), Devenish Nutrition, LLC. (UK), Lexington Enterprises Pte. Ltd. (Singapore), De Heus Animal Nutrition BV (The Netherlands), MEGAMIX LLC (Russia), Agrofeed Ltd. (Hungary), Cladan S.A. (Argentina), Kaesler Nutrition GmbH (Germany), Avitech Nutrition Pvt. Ltd. (India), and Advanced Animal Nutrition Pty Ltd. (Australia).

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Nutreco N.V. (The Netherlands) is among the leading players involved in the manufacturing of animal nutrition and fish feed products. Trouw Nutrition (The Netherlands), a subsidiary of Nutreco (The Netherlands), is among the leading players at a global level that offers premixes, innovative feed specialties, and nutritional services for the animal nutrition industry. It is ranked among the top players in terms of premixes production both at the global level as well as in Europe and Canada. In October 2019, Nutreco (The Netherlands) acquired South African feed premix company, Animal Nutrition, and Health (ANH), from Kaonne Investments (South Africa). Through the acquisition, the company expanded its base in the African feed premix market.

Vilofloss (Denmark), a part of DLG Group (Denmark), offers feed premix through its premix and nutrition brand, Vilofoss, which is among the most advanced manufacturers of vitamins and minerals in Europe. In May 2019, Vilofoss acquired Complementos de Piensos Compuestos (CPC) (Spain) and expanded its presence in the European premix and nutrition space. CPC produces CP 15,000 tons of premix per year. With this acquisition, Vilofoss enhanced its existing premix business by adding additional capacities to cater to the European premix market.

Koninklijke DSM (The Netherlands) is one of the major players in the feed premix market. DSM has a broad portfolio of feed premix products for a wide variety of livestock and pets. It also provides custom nutrient premixes. A balanced geographic footprint, with presence in both developed and developing regions, enabled the company to gain a wider customer reach. In October 2018, DSM expanded its presence in India by opening an Animal Nutrition & Health premix plant in Jadcherla. Through the expansion, the company expanded its presence in the feed premix market in India.

Related Reports:

Feed Premix Market by Ingredient Type (Vitamins, Minerals, Amino Acids, Antibiotics, Antioxidants, and Others), Livestock (Poultry, Ruminants, Swine, Aquatic Animals, Equine, and Pets), Form (Dry and Liquid), and Region - Global Forecast to 2025

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Report Code
AGI 2988
RI Published ON
11/7/2019
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