Feed Premixes Market worth $9,939.49 Million by 2019
The report, “Feed Premixes Market by ingredient type (Vitamins, Minerals, Amino Acids & Antibiotics), Animal Type (Poultry, Ruminants, Swine, & Aquatic animals) & Geography - Global Trends & Forecast to 2019”, defines and segments the feed premixes market with analyses and projections of the size of the market. It also identifies the driving and restraining factors of the market with analyses of trends, opportunities, burning issues, and challenges.
Browse 70 market data tables and 70 figures spread through 190 pages and in-depth TOC on “Feed Premixes Market by ingredient type (Vitamins, Minerals, Amino Acids & Antibiotics), Animal Type (Poultry, Ruminants, Swine, & Aquatic animals) & Geography - Global Trends & Forecast to 2019”
Early buyers will receive 10% customization on reports.
The market is segmented and the value is projected on the basis of regions such as North America, Europe, Asia-Pacific, Latin America, and Rest of the World. The key countries such as the U.S., Spain, Italy, India, and China are covered and their market is projected. The market size is projected on the basis of ingredient type, animal type, and region. The market for feed premixes has a significant impact on animal health. Feed premixes are broadly categorized in to vitamins, minerals, amino acids, and antibiotics on the basis of ingredient type
The feed premixes market, in terms of value, is projected to increase to $9,939.49 million by 2019 at a CAGR of 3.0% from 2014. In this report, the feed premixes market is segmented by ingredient type, animal type, region, and analyzed in terms of value ($million).
Vitamins feed premixes: Largest market segment
The vitamin feed premixes segment accounted for the largest share was followed by the mineral feed premixes segment in 2013. Both vitamins and minerals are essential elements for animal growth. These organic compounds function as parts of enzyme systems essential for the transformation of energy and the regulation of metabolism in an animal’s body. In 2013, Asia-Pacific accounted for the largest share of the global feed premixes market. In the same year, North America contributed the second largest share.
Feed premixes market, by animal type
The feed premixes market consists of five animal types; they are poultry, ruminants, swine, aquatic animals, and other animals that include pet animals, birds, and reptiles. The demand for feed premixes for poultry accounted for the largest share in 2013, at $2,824.08 million, and it is projected to reach $3,468.57 million by 2019. Asia-Pacific was the largest market of poultry feed premixes in 2013, followed by the North America region. The demand for the new and various feed premix products that result in better health of animals and quality animal products is increasing in the market. Leading brands are engaging in the production of feed premixes on a global scale, because it is considered to be a growing market in the animal husbandry industry. The existing companies are actively introducing new feed premix products with different ingredients in order to satisfy the nutrient requirement of various types of animals. Companies such as Nutreco N.V. (the Netherlands), Koninklijke DSM N.V. (the Netherlands), Cargill, Inc. (U.S.), DLG Group (Denmark), and InVivo NSA (France) are key players in this market.
MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
This news content was configured by WebWire editorial staff. Linking is permitted.
News Release Distribution and Press Release Distribution Services Provided by WebWire.