Feed Premix Market: By Product Type, By Mixture Type, and Region Forecast 2019-2030

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Feed Premix Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product Type (Vitamins, Aminoacids, Minerals, Antibiotics, Others), By Mixture Type (Poultry, Swine, Bovine, Canine, Feline, Others), and Region Forecast 2019-2030

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Feed Premix Market size was valued at US$ US$ 24,182.1 million in 2023 and is expected to grow at a CAGR of 6.4% from 2024-2030. Feed premixes are complex mixtures of essential minerals, vitamins, trace elements, feed supplements, and other nutritional additives including amino acids and proteins incorporated in the feed. The main objective of food premixes is to deliver the right micronutrients to the livestock.

The market is segmented by ingredient types, such as antibiotics, vitamins, antioxidants, amino acids, minerals, and others, as well as by animal types, such as ruminants, poultry, swine, aquaculture, and others. The ruminants feed segment is holding significant market share increase in consumer awareness about the safety of meat and milk products, along with the nutritional content of the food, emerged as the key driver for market growth. Moreover, the competitors are focusing on acquisition to maintain the growth in the market 

Key Developments:

  • In 2021, ADM acquired Vietnamese premix player, Golden Farm Production & Commerce Company Limited. This strengthens its industrial and commercial coverage in a key feed market such as Vietnam.
  • In October 2017, Cargill announced its agreement to acquire Iowa-based Diamond V – a leading global producer of natural animal feed additives, the company has announced its entrance into the Brazilian animal feed space with the acquisition of cattle feed producer, Integral Animal Nutrition. Factors such as rising poultry consumption, rising demands for high-value animal protein, rising population and thus demand, growing economies in developing and developed countries such as India, China, Brazil, and others, and rising living standards, among others, have all contributed to the rising demand for processed and more convenient foods.
  • In 2019, Land O' Lakes, Inc. and The Netherlands-based Royal Agrifirm Group set up a dairy animal feed joint venture in China. The joint venture aims to focus on a new dairy premix. Agrilakes will initially be based in Agrifirm's existing manufacturing plant in Tianjin.

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Global Feed Premix Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

6.4%

Largest Market

Asia Pacific

Fastest Growing Market

Asia Pacific

Feed Premix Market Dynamics

The feed premix market is anticipated to grow in the forecast period owing to driving factors such as developments in the field of compound feed and additives industry coupled with rising demands for high-value animal protein. A variety of amino acids are fed as supplements to livestock animals to improve their efficiency and nutritional value (milk, meat, etc.). Consumers all around the world have become increasingly sensitive to the quality of animal protein products they buy and eat, and as a result, they are willing to accept high transparency in the livestock supply chain from point of production to point of consumption.

Moreover, increased industrial livestock production, as well as a greater focus on animal health to minimize disease outbreaks, all contribute to the market's growth. The market growth is hampered by growing feed ingredient costs and stringent regulatory policies. Nonetheless, during the projected period, rising awareness of ethical standards to minimize export quality difficulties is expected to be a significant potential opportunity for the market participants.

Global Feed Premix Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 24,182.1 million

Market CAGR

6.4%

By Product Type

  • Vitamins
  • Amino acids
  • Minerals
  • Antibiotics
  • Others

By Mixture Type

  • Poultry
  • Swine
  • Bovine
  • Canine
  • Feline
  • Others

By Region

  • North America (U.S., Canada)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
  • Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
  • Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

Key Features of the Report

  • The feed premix market report provides granular level information about the Market size, regional Market share, historic Market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key Market developments, and key strategies.
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the Market.
  •  The report tracks recent innovations, key developments, and start-up details that are actively working in the Market.
  • The report provides a plethora of information about Market entry strategies, regulatory framework, and reimbursement scenarios.
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis

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Frequently Asked Questions

The global feed premix market size was valued at US$ 24,182.1 million in 2023 and is projected to grow at a CAGR of 6.4% from 2024 to 2030.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

Feed Premix Market Global Market Growth Rate (2023 to 2033) CAGR of 6.3%.

Author image

Author

Manoj Kumar

Manoj Kumar is a postgraduate in Life Sciences with over seven years of dedicated experience in the fields of anima.....

1. Executive Summary
2. Global Feed Premix Market Introduction 
2.1.Global Feed Premix Market  - Taxonomy
2.2.Global Feed Premix Market  - Definitions
2.2.1.Product Type 
2.2.2.Mixture Type
2.2.3.Region
3. Global Feed Premix Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global Feed Premix Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Feed Premix Market  By Product Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Vitamins
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Amino acids
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Minerals
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Antibiotics
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
5.5. Others
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.5.3. Market Opportunity Analysis 
6. Global Feed Premix Market  By Mixture Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Poultry
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Swine
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Bovine
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Canine
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Feline
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
6.6. Others
6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.6.3. Market Opportunity Analysis 
7. Global Feed Premix Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Europe
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Asia Pacific (APAC)
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Middle East and Africa (MEA)
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Latin America
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8. North America Feed Premix Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Product Type  Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1.Vitamins
8.1.2.Amino acids
8.1.3.Minerals
8.1.4.Antibiotics
8.1.5.Others
8.2.  Mixture Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1.Poultry
8.2.2.Swine
8.2.3.Bovine
8.2.4.Canine
8.2.5.Feline
8.2.6.Others
8.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.3.1.United States of America (USA)
8.3.2.Canada
9. Europe Feed Premix Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Vitamins
9.1.2.Amino acids
9.1.3.Minerals
9.1.4.Antibiotics
9.1.5.Others
9.2.  Mixture Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Poultry
9.2.2.Swine
9.2.3.Bovine
9.2.4.Canine
9.2.5.Feline
9.2.6.Others
9.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Germany
9.3.2.France
9.3.3.Italy
9.3.4.United Kingdom (UK)
9.3.5.Spain
9.3.6.Rest of EU
10. Asia Pacific (APAC) Feed Premix Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Vitamins
10.1.2.Amino acids
10.1.3.Minerals
10.1.4.Antibiotics
10.1.5.Others
10.2.  Mixture Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Poultry
10.2.2.Swine
10.2.3.Bovine
10.2.4.Canine
10.2.5.Feline
10.2.6.Others
10.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.China
10.3.2.India
10.3.3.Australia and New Zealand (ANZ)
10.3.4.Japan
10.3.5.Rest of APAC
11. Middle East and Africa (MEA) Feed Premix Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Vitamins
11.1.2.Amino acids
11.1.3.Minerals
11.1.4.Antibiotics
11.1.5.Others
11.2.  Mixture Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Poultry
11.2.2.Swine
11.2.3.Bovine
11.2.4.Canine
11.2.5.Feline
11.2.6.Others
11.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.GCC Countries
11.3.2.South Africa
11.3.3.Rest of MEA
12. Latin America Feed Premix Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Vitamins
12.1.2.Amino acids
12.1.3.Minerals
12.1.4.Antibiotics
12.1.5.Others
12.2.  Mixture Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Poultry
12.2.2.Swine
12.2.3.Bovine
12.2.4.Canine
12.2.5.Feline
12.2.6.Others
12.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Brazil
12.3.2.Mexico
12.3.3.Rest of LA
13. Competition Landscape
13.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
13.2.1.Cargill, Inc.
13.2.2.Archer Daniels Midland Company (ADM)
13.2.3.Dansk Landbrugs Grovvareselskab A.M.B.A. (DLG)
13.2.4.BASF SE
13.2.5.Land O'Lakes, Inc.
13.2.6.Godrej Agrovet Limited
13.2.7.Koninklijke DSM N.V.
13.2.8.Invivo Group
13.2.9.Danish Agro
13.2.10.BDT Group
13.2.11.ForFramers B.V.
13.2.12.De Hues Group
14. Research Methodology 
15. Appendix and Abbreviations 

Key Market Players

  • Cargill, Inc.
  • Archer Daniels Midland Company (ADM)
  • Dansk Landbrugs Grovvareselskab A.M.B.A. (DLG)
  • BASF SE
  • Land O'Lakes, Inc.
  • Godrej Agrovet Limited
  • Koninklijke DSM N.V.
  • Invivo Group
  • Danish Agro
  • BDT Group
  • ForFramers B.V.
  • De Hues Group

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