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Global Ruminant Feed Premix Market

  • Published Date: 29 Sep 2018
  • Number of Pages: 231
  • Category: Agriculture
  • Country: Global
The global ruminant feed premix market was valued at US$ XX Mn in 2017 and is expected to reach US$ XX Mn by 2022 growing at a CAGR of XX% during the forecast period. Technically, feed premix refers to the enriched mixtures of biologically dynamic substances that are synthesized chemically and microbiologically to enhance the nutritious value of feeds to improve its effectiveness while preventing them from various health related disorder.
The major end users for these products are farm houses, animal breeding centres, veterinary clinics research centres etc.

Market Dynamics:

The following factors are significant in deciding the fate of the market:

Market Drivers:

--> Rising demand of safe and quality meat across the globe is the main driver of the market.

--> Several successful developments of biotechnology coupled with the increased awareness among the farmers and animal breeders have really boosted the market.

--> These enriched mixtures are widely being used because it helps in enhancing the immune system and hence the longevity of the animals.

Market Restraints:

--> Rising raw material costs and lack of awareness of the existence of these technologies in many backward regions of the globe are the major restraining factor for the market.

--> Lack of flexibility in diet formulation and lack of knowledge about the quality of the supplemental ingredients to be used in feed premix also refrain this market from developing to its full potential.

Market Opportunities:

Market opportunities primarily lie in advertising and popularising these technologies especially in the backward areas.

Market Trend:

In both the developed and developing nations there has been a shift in the diet habits with a considerable shift to consumption of white meat from red meat.

Market Segmentation:

The market can be segmented into the following categories:

Based on the product:
> Vitamins
> Minerals
> Amino acids
> Antibiotics
> Anti-oxidants
> Others
Based on the livestock:
> Ruminants
> Poultry
> Swine
> Aquatic animals
> Cattle
> Sheep-goat
> Others
Based on geographic distribution of the market:
> North America
> Latin America
> Europe
> Asia Pacific
> Middle East and Africa
Geographic Analysis:

North America has the largest market in this sector closely followed by the Asia Pacific. The latter is predicted to get past the former driven by the fast growing emerging markets of developing countries like China and India. Europe, Latin America and the Middle East nations also experience a steady growth.

Key Players:

Some of the key players in the market are:

--> Nutreco N.V.

--> Cargill, Inc.

--> KoninklijkeDsm N.V.

--> DLG Group

--> Phibro Group

--> Archer Daniels Midland Company

Report Contents:

> Market segments
> Market Drivers, Restraints and Opportunities
> Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe

> Eastern Europe

>> Russia
>> Poland
>> Rest of Eastern Europe

> Asia Pacific

>> China
>> India
>> Japan
>> Australia and New Zealand
>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage

Publisher Name : Market Litmus

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