The feed premix market has seen considerable growth due to a variety of factors.
• In recent times, the feed premix market has seen a swift expansion. The market value is projected to rise from $24.05 billion in 2024 to $26.71 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 11.1%.
The significant growth in the past can be credited to factors such as an increased awareness of nutrition, concerns for livestock health, government policies, and a surge in population.
The feed premix market is expected to maintain its strong growth trajectory in upcoming years.
• In the coming years, the feed premix market size is projected to experience accelerated expansion. By 2029, it is anticipated to have grown to $40.06 billion, with a compound annual growth rate (CAGR) of 10.7%.
This growth over the forecast period could be attributed to factors such as urbanization, disease prevention, sustainable practices, and research and development. Key market trends during this forecast period encompass personalized nutrition, clean label products, the digitalization of agriculture, alternative sources of protein, and climate-resilient formulations.
The heightened demand and consumption of livestock-based goods, including eggs, dairy items and meat products, is predicted to be a significant factor in driving the expansion of the feed premix market. Using feed premix in the diet of livestock improves their nutritional intake and aids in the overall production of livestock-based products, such as milk, by supplying essential vitamins and minerals. The growing acceptance and consumption of dairy and meat products have resulted in a rise in livestock-based product sales, further fueling the necessity for feed premix. For instance, in May 2024, The United States Department of Agriculture, a federal US agency, predicted a 0.84 per cent increase in the total production of red meat and poultry for the year 2024. Moreover, late 2024 will see a projected upward shift in beef production by 130 million pounds, totaling 26.455 billion pounds due to changes in cattle slaughter timing and escalating fed cattle weights. As a result, the burgeoning demand for livestock-based products is stimulating the feed premix market's growth.
The feed premix market covered in this report is segmented –
1) By Type: Amino Acids, Antioxidants, Antibiotics, Vitamins, Minerals, Other Types
2) By Form: Dry, Liquid
3) By Livestock: Ruminants, Swine, Aquatic Animals, Poultry, Pets
Subsegments:
1) By Amino Acids: Essential Amino Acids, Non-Essential Amino Acids
2) By Antioxidants: Synthetic Antioxidants, Natural Antioxidants
3) By Antibiotics: Tetracyclines, Macrolides, Penicillins
4) By Vitamins: Fat-Soluble Vitamins, Water-Soluble Vitamins
5) By Minerals: Macro Minerals, Trace Minerals
6) By Other Types: Probiotics, Enzymes, Flavoring Agents
Leading entities in the feed premix market are leveraging cutting-edge formulations and superior nutritional technologies to boost animal health and performance. This meets the increasing demand for superior feed solutions in various livestock sectors. The introduction of DSM's new manufacturing plant in Egypt, equipped with sophisticated Bühler Technologies and a barcoding control system, underscores its commitment to high production efficiency, traceability, and strict adherence to food safety, quality, and environmental sustainability standards. For example, Koninklijke DSM N.V., a Dutch firm specializing in nutrition, health, and beauty, inaugurated a new premix and additives production plant in Sadat City, Egypt in September 2024. This move clearly demonstrates the company's commitment to satisfy the escalating demand from mid-size and large livestock farms and feed millers for premixes and inventive feed additives. The 10,000-square-meter facility, employing advanced Bühler Technologies and an integrated barcoding plant control system, boasts an annual production capacity of 10,000 tons, while maintaining stringent standards regarding operational efficiency, food safety, quality, and environmental sustainability.
Major companies operating in the feed premix market include:
• Advanced Animal Nutrition Pvt. Ltd.
• Archer Daniels Midland Company
• BASF SE
• BEC Feed Solutions PTY Ltd.
• Cargill Inc.
• Nutreco N. V.
• DLG Group
• Charoen Pokphand Foods Public Company Limited
• Alltech
• Koninklijke DSM N. V.
• Land O'Lakes Inc.
• AB Agri Ltd.
• De Heus Beheer B. V.
• ForFarmers NV
• Lallemand Animal Nutrition Inc.
• Biomin Holding GmbH
• Vilofoss A/S
• Kemin Industries Inc.
• Novus International Inc.
• Trouw Nutrition International B. V.
• Adisseo France SAS
• Evonik Industries AG
• Phibro Animal Health Corporation
• Pancosma SA
• Nutriad International NV
• Huvepharma AD
• Anpario plc
• NutriQuest LLC
• DuPont de Nemours Inc.
• J. D. Heiskell & Company Inc.
Asia-Pacific was the largest region in the feed premix market in 2024.North America is expected to be the fastest-growing region in the forecast period. The regions covered in the feed premix market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa