How big is the Feed Premix Market?

The Feed Premix Market size is expected to reach USD 12.67 billion in 2024 and grow at a CAGR of 5.40% to reach USD 16.47 billion by 2029. Read More

What is the current Feed Premix Market size?

In 2024, the Feed Premix Market size is expected to reach USD 12.67 billion. Read More

Who are the key players in Feed Premix Market?

Cargill, Incorporated, Archer Daniels Midland Company (ADM), BASF SE, Land O'Lakes, Inc. and Koninklijke DSM N.V. are the major companies operating in the Feed Premix Market. Read More

Which is the fastest growing region in Feed Premix Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Feed Premix Market?

In 2024, the Asia Pacific accounts for the largest market share in Feed Premix Market. Read More

What years does this Feed Premix Market cover, and what was the market size in 2023?

In 2023, the Feed Premix Market size was estimated at USD 12.02 billion. The report covers the Feed Premix Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Feed Premix Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Feed Premixes Market - Size, Value & Companies

Feed Premixes Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Global Animal Feed Premix Market Companies & Share and it is Segmented by Ingredient Type (Antibiotics, Vitamins, Antioxidants, Amino Acids, Minerals, and Other Ingredient Types) and Animal type (Ruminant Feed, Poultry Feed, Swine Feed, Aquaculture Feed, and Other Animal Feed). The market is also segmented on the basis of Geography covering over 16 countries across the world. The market size and forecasts are provided in terms of sales in units and value in USD million for all the above segments.

Feed Premix Industry Overview

The market for feed premix is concentrated, with the dominance of a few international players accounting for a major share in the global market. Some of the major players include Cargill Incorporated, Archer Daniels Midland Company (ADM), Dansk Landbrugs Grovvareselskab A.M.B.A. (DLG), BASF SE, Land O'Lakes Inc., Godrej Agrovet, and Koninklijke DSM NV.

These companies are targeting countries in the developing countries for business expansion, either by investing in a new production unit or by acquiring established small players in the region. For instance, Archer Daniels Midland Co. (ADM) acquired Neovia in 2019 to expand its global reach and its diverse range of product portfolios in animal nutrition and feed premixes. Land O'Lakes Inc. has entered into a partnership with the Netherlands-based Royal Agrifirm Group to set up a dairy animal feed joint venture in China. This partnership will enable the unified company Agrilakes to capture the untapped dairy feed market in China, including feed premixes.