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North America Feed Premix Market

  • Published Date: 09 Jul 2018
  • Number of Pages: 212
  • Category: Agriculture
  • Country: North America
By 2022, the North America Feed Premix Marketis estimated to reach US$ XX Mn, up from US$ XX Mn in 2016, growing at a CAGR of XX% during the forecast period.Feed premix are synthesized chemically and microbiologically to increase the nutritional value of feed,thus improving its effect on farm animals.Healthy animals require sufficient quantity of carbohydrates and proteins in addition to the necessary vitamins and dietary minerals. These nutrients are added to the animal diet in feed premix. Poultry feed is mainly comprised of carbohydrates, proteins, and fats. Carbohydrates are the major source of energy and constitute the largest component of animalfeed, followed by plant proteins and animal protein sources. Feed premix improve the animals growth efficiency and birds egg-laying capacity, prevent diseases, and boost feed utilisation.

Market Dynamics

In the past decades, North America has seen steady growth in the demand for feed premix, primarily driven by growing population, risingdomestic consumption of meat and aquatic products, and increase in consumer spending levels. Increased demand for cost-effective and high-quality feed and shift in consumption from red meat to white meat havefurther fueled the market growth. Moreover, new technological innovations and breakthroughs in the meat processing industry have accelerated the growth and made North America an important market with a potential for higher growth.

However, inflexibility in diet formulation and lack of knowledge about the quality of the supplemental ingredients to be used in feed premix hinder the growth of agriculture and animal husbandry. Despite such hurdles, the North America feed premix market is a lucrative market and has witnessed a boom in production as well as consumption in recentyears.

Market Segmentation

The North America feed premixes market is fragmented on the basis of ingredient type and livestock.

Ingredient Type

--> Vitamins

--> Minerals

--> Amino acids

--> Antibiotics

--> Other ingredients (Preservatives, organic acids, antioxidants, enzyme, pigments, and flavours)

Livestock

--> Poultry

--> Ruminants

--> Swine

--> Aquatic Animals

--> Other animals (pet animals, birds, and reptiles)

Geographical Analysis

The North American market, having the largest consumer base in the world, is geographically segmented into Canada and US. The US dominates the market in this region, focusing on innovating cost-effective production process.

Key Players

Leading players in North America feed premix market include Archer Daniels Midland Company, Cargill, Koninklijke DSM N.V., Nutreco N.V., and InVivo Nutrition et SanteAnimales. Existing companies such as DSM and Nutreco have been actively involved in acquisition of regional suppliers and manufacturers in this region to strengthen their market presence.

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


> Canada



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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