DUBLIN, Jan. 22, 2015 /PRNewswire/ --Research and Markets
(http://www.researchandmarkets.com/research/4n6kbt/feed_premix) has announced the addition of the "Feed Premix Market by Ingredients Type, Livestock Type & Region - Global Trends & Forecasts to 2019" report to their offering.
The feed premix market is projected to reach $9,939.49 million by 2019, at a CAGR of 3.0%, as studied from 2014.
The market for feed premix has a significant impact on animal health and processed meat market. Feed premix is broadly categorized in vitamins, minerals, amino acids, and antibiotics on the basis of ingredient types. Feed premixes are mixed with additives and various ingredients of grains, which include corn, soybeans, sorghum, oats, and barley.
This blend of grains, additives, and other raw materials is known as compound feed' for animals. Compound feeds are formulated according to the specific requirements of the target animal. There has been a tremendous increase in the demand for feed premix for greater health of animals.
The size of the overall market was derived using forecasting techniques based on ingredients production for feed, and trade trends in various regions. Asia-pacific and North America were two of the largest consumers of feed premix in 2013. The demand for feed premix is increasing in developing countries such as China, India, and Brazil, because of the rising domestic demand.
The market for feed premix is estimated to reach a value of $8586.44 million in 2014, and is projected to reach $9939.49 million by 2019, at a CAGR of 3.0%. The feed premix market is projected to grow steadily due to the increasing importance for animal health in the animal husbandry industry. In 2013, Asia-Pacific was the largest market and is projected to grow to $3,178.59 million by 2019, at a CAGR of 3.5%, as studied from 2014. North America is the second largest market and is projected to grow at a CAGR of 3.1% for the period under review.
The key players in this market have developed a range of innovative products to target specific animal needs. Thus, the feed premix market is gaining more global presence and acceptance among customers. Key participants in the feed premix market include Nutreco N.V. (the Netherlands), Koninklijke DSM N.V. (the Netherlands), Cargill, Inc. (U.S.), DLG Group (Denmark), and InVivo NSA (France). These players are implementing different strategies to achieve growth and development in the feed premix market.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Feed Premix Market, By Type
8 Feed Premix Market, By Livestock
9 Feed Premix Market, By Region
10 Feed Premix Market, By Brand
11 Competitive Landscape (Page No.119)
12 Company Profiles
- AB Agri Ltd.
- Archer Daniels Midland Company
- Cargill, Inc.
- Charoen Pokphand Pcl.
- DLG Group
- Invivo Nutrition Et Sante Animales
- Koninklijke Dsm N.V.
- Land O'lakes, Inc.
- Nutreco N.V.
- Phibro Group
For more information visit http://www.researchandmarkets.com/research/4n6kbt/feed_premix
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets