Who are the key players in Poultry Feed Premix Market?

Cargill, Inc., DSM Animal Nutrition, DBN Group, Land O' Lakes, Inc. and Archer Daniels Midland Company are the major companies operating in the Poultry Feed Premix Market. Read More

Which is the fastest growing region in Poultry 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 Poultry Feed Premix Market?

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

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

In 2023, the Poultry Feed Premix Market size was estimated at USD 6.63 billion. The report covers the Poultry Feed Premix Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Poultry Feed Premix Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Poultry Feed Premix Market Size

Market Size of Poultry Feed Premix Industry

Study Period	2019 - 2029
Market Size (2024)	USD 6.87 Billion
Market Size (2029)	USD 8.19 Billion
CAGR (2024 - 2029)	3.60 %
Fastest Growing Market	Asia Pacific
Largest Market	Asia Pacific
Major Players *Disclaimer: Major Players sorted in no particular order

Poultry Feed Premix Market Analysis

The Poultry Feed Premix Market size is estimated at USD 6.87 billion in 2024, and is expected to reach USD 8.19 billion by 2029, growing at a CAGR of 3.60% during the forecast period (2024-2029).

At the end of 2019, poultry toppled pork as the number one consumed meat in the world. The global consumption of poultry meat stood at 124.6 million metric ton. Increased consumption of poultry meat led to increased industrialization of poultry rearing, thus, necessitating the use of feed premixes in poultry feed.
Almost 65% of the cost of production of poultry is accounted for by feed. This led to high fluctuations in production costs, on account of fluctuating prices of feed raw materials, like corn. This phenomenon has led farmers to prefer feed combinations that provide maximum feed conversion. Apart from supporting nutritional requirements of the birds, premixes are also important for improved feed conversion ratio and, hence, they are a key part of large-scale poultry rearing.

Poultry Feed Premix Industry Segmentation

Livestock farmers mix premixes, which are the mixtures of one or more essential animal nutrients, with the home-grown feed, to provide animals with optimum nutrition. The swine feed premix market is segmented by ingredient, into antibiotics, vitamins, antioxidants, amino acids, minerals, and other ingredients. The market is segmented by geography to assess the key trends in major countries across North America, Europe, Asia-Pacific, South America, and Africa.

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Poultry Feed Premix Market Size Summary

The poultry feed premix market is poised for steady growth, driven by the increasing global consumption of poultry meat, which has surpassed pork as the most consumed meat worldwide. This shift has led to the industrialization of poultry rearing, necessitating the use of feed premixes to optimize production efficiency. Feed costs constitute a significant portion of poultry production expenses, prompting farmers to seek feed combinations that enhance feed conversion ratios. Premixes play a crucial role in meeting the nutritional needs of poultry, supporting faster growth rates and improved genetic potential. The demand for vitamins in poultry feed premixes has surged, reflecting the need to address vitamin deficiencies under intensive growing conditions and to enhance survival rates and immunity.

The Asia-Pacific region stands out as the leading market for poultry feed premix, driven by high poultry production and consumption in countries like China, India, and Thailand. The region's poultry industry has transitioned from small-scale operations to highly industrialized production, with farmers investing in high-quality feed to ensure optimal nutrition. The market is characterized by fragmentation, with global and regional players competing with local manufacturers. Key companies such as Cargill Inc., Archer Daniels Midland Company, Land O' Lakes Inc., DBN Group, and DSM Animal Nutrition are focusing on expanding their business operations and increasing production capacity through strategic investments and expansions.

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Poultry Feed Premix Market Size - Table of Contents

1. MARKET DYNAMICS
1. 1.1 Market Overview
2. 1.2 Market Drivers
3. 1.3 Market Restraints
4. 1.4 Porter's Five Forces Analysis
  1. 1.4.1 Bargaining Power of Suppliers
  2. 1.4.2 Bargaining Power of Buyers
  3. 1.4.3 Threat of New Entrants
  4. 1.4.4 Threat of Substitute Products
  5. 1.4.5 Intensity of Competitive Rivalry
2. MARKET SEGMENTATION
1. 2.1 Ingredient
  1. 2.1.1 Antibiotics
  2. 2.1.2 Vitamins
  3. 2.1.3 Antioxidants
  4. 2.1.4 Amino Acids
  5. 2.1.5 Minerals
  6. 2.1.6 Other Ingredients
2. 2.2 Geography
  1. 2.2.1 North America
    1. 2.2.1.1 United States
    2. 2.2.1.2 Canada
    3. 2.2.1.3 Mexico
    4. 2.2.1.4 Rest of North America
  2. 2.2.2 Europe
    1. 2.2.2.1 Germany
    2. 2.2.2.2 United Kingdom
    3. 2.2.2.3 France
    4. 2.2.2.4 Spain
    5. 2.2.2.5 Russia
    6. 2.2.2.6 Italy
    7. 2.2.2.7 Rest of Europe
  3. 2.2.3 Asia-Pacific
    1. 2.2.3.1 China
    2. 2.2.3.2 India
    3. 2.2.3.3 Japan
    4. 2.2.3.4 Australia
    5. 2.2.3.5 Rest of Asia-Pacific
  4. 2.2.4 South America
    1. 2.2.4.1 Brazil
    2. 2.2.4.2 Argentina
    3. 2.2.4.3 Rest of South America
  5. 2.2.5 Africa
    1. 2.2.5.1 South Africa
    2. 2.2.5.2 Rest of Africa