Feed Premix Market Is Expected to Boom At A CAGR of 7.7% | Allied Market Research

According to a new report published by Allied Market Research, titled, "Feed Premix Market," The feed premix market was valued at $5.1 billion in 2021 and is estimated to reach $11.4 billion by 2031, growing at a CAGR of 8.8% from 2022 to 2031. North America was the highest revenue contributor, accounting for $1,983.0 million in 2021, and is estimated to reach $3,999.3 million by 2031, with a CAGR of 7.7%.

Meat production and consumption have increased rapidly over the years due to the increased disposable income of consumers and the health benefits offered by meat. In addition, meat is a rich source of proteins, important vitamins, and various other nutrients, such as iron, zinc, B12, and B6.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐓𝐡𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐎𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.alliedmarketresearch.com/request-sample/17329

Regional Analysis:

The feed premix market is segmented into livestock, type, form, and region. Depending on livestock the market is divided into swine, ruminants, poultry, aquatic animals, and others. On the basis of type, the market is segregated into vitamins, minerals, amino acids, and antibiotics. On the basis of form, the market is bifurcated into organic and conventional. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America accounted for more than 35% share of the total revenue in 2021, followed by Europe and Asia-Pacific.

Top Key Companies In The Feed Premix Market:

The players operating in the global feed premix market have adopted various developmental strategies to increase their Feed Premix Market Share, gain profitability, and remain competitive in the market. The key players included in the Feed Premix Market Analysis are, DSM, BASF SE, Cargill, Incorporated, Nutreco N.V., InVivo Group, Jubilant Life Sciences, Koninklijke Coöperatie Agrifirm U.A., Phibro Animal Health Corporation, Archer Daniels Midland Company, Agrofeed, and Novus international.

𝗟𝗜𝗠𝗜𝗧𝗘𝗗-𝗧𝗜𝗠𝗘 𝗢𝗙𝗙𝗘𝗥 - 𝗕𝘂𝘆 𝗡𝗼𝘄 & 𝗚𝗲𝘁 𝗘𝘅𝗰𝗹𝘂𝘀𝗶𝘃𝗲 𝗗𝗶𝘀𝗰𝗼𝘂𝗻𝘁 𝗼𝗻 𝘁𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁: https://www.alliedmarketresearch.com/checkout-final/9da259711c895cd3eb5e8de769f8bf2b

Key Findings Of The Study

-> On the basis of livestock, the poultry segment has the major Feed Premix Market Size in 2021 with a market share of more than 45%. However, the aquatic animal segment is attributed to be the fastest-growing segment during the Feed Premix Market Forecast period.
-> On the basis of type, the vitamin segment dominated the feed Premix Industry in the year 2021 with a market share of more than 55%. However, the minerals segment is likely to be the fastest-growing segment during the forecast period with a CAGR of 10.8%.
-> On the basis of source, the conventional segment dominated the global market in the year 2021 with a market share of more than 80%. However, the organic segment is likely to be the fastest-growing segment during the forecast period with a CAGR of 9.9%.
-> Region-wise, North America was the highest revenue contributor and is estimated to reach $ 3.9 billion by 2031. Whereas, the Asia-Pacific region is likely to be the fastest-growing region during the forecast period.

𝗧𝗼 𝗚𝗲𝘁 𝗜𝗻-𝗗𝗲𝗽𝘁𝗵 𝗜𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 𝗖𝗼𝗻𝗻𝗲𝗰𝘁 𝗧𝗼 𝗔𝗻𝗮𝗹𝘆𝘀𝘁: https://www.alliedmarketresearch.com/connect-to-analyst/17329

Check out more related studies published by AMR Research:

Beef fat market - https://www.openpr.com/news/2891284/beef-fat-market-size-worth-127-7-billion-globally-by-2031

Feed Phosphate Market - https://www.prnewswire.com/news-releases/feed-phosphate-market-to-reach-3-3-billion-globally-by-2031-at-4-cagr-allied-market-research-301670064.html

U.S. Baby Infant Formula Market - https://www.einnews.com/pr_news/594684129/u-s-baby-infant-formula-market-size-worth-usd-6-78-billion-by-end-of-2030

Contact:

David Correa

5933 NE Win Sivers Drive

#205, Portland, OR 97220

United States

USA/Canada (Toll Free):

+1-800-792-5285, +1-503-894-6022

UK: +44-845-528-1300

Hong Kong: +852-301-84916

India (Pune): +91-20-66346060

Fax: +1(855)550-5975

help@alliedmarketresearch.com

Web: www.alliedmarketresearch.com

Allied Market Research Blog: https://blog.alliedmarketresearch.com

Follow Us on | Facebook | LinkedIn | YouTube

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.