Market Overview:
The global feed grade vitamin and mineral premixes market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for animal-based protein products, rising awareness about animal health and nutrition, and growing concerns about food safety. The global feed grade vitamin and mineral premixes market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into 10% effective substance content, 20% effective substance content, 30% effective substance content, and others. The 10% effective substance content segment is expected to dominate the global feed grade vitamin and mineral premixes market during the forecast period owing to its low cost as compared to other types of Vitamin & Mineral Premixes available in the market.
Product Definition:
Feed Grade Vitamin and Mineral Premixes are used to fortify animal feed with essential vitamins and minerals. The addition of these premixes helps ensure that the animals are receiving the nutrients they need to stay healthy and grow properly.
10% Effective Substance Content:
10% effective substance content, it's usage and growth factor in feed grade vitamin and mineral premixes market is expected to grow at a significant rate over the forecast period.
The global demand for animal food has been increasing on account of rising population which will result in greater requirement of dairy products as well as meat.
20% Effective Substance Content:
20% effective substance content and it's usage in feed grade vitamin and mineral premixes market is expected to witness significant growth over the forecast period. 20% of the nutrient value present in a given weight of feed represents approximately one-fifth (20%) of the total nutrient value.
The global meat industry has been witnessing rapid development, both in terms of production as well as consumption, on account of growing population and rising income levels across various regions.
Application Insights:
The large livestock application segment accounted for the largest revenue share of over 40% in 2017. The segment is expected to witness significant growth on account of rising demand for animal protein and other nutrients from animal feed industry. Feed grade vitamin and mineral premixes are widely used in poultry diets owing to growing awareness among consumers about proper nutrition intake for animals.
Poultry feed grade vitamin and mineral premixes are also used by ruminants such as cattle, sheep, goats, camels etc., as they provide essential vitamins (such as niacin) & minerals (such as zinc) that are required at a higher rate than the recommended levels in their diet. Growing use of these products not only helps improve overall health but also reduces the risk of diseases caused due to nutritional deficiencies in animals such as diarrhea, enteritis & coccidiosis among others.
Regional Analysis:
Asia Pacific was the largest market for feed grade vitamin and mineral premixes in 2016, accounting for a share of more than 35%. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing meat consumption in China and India. Asia Pacific is also one of the most lucrative regions from a business perspective owing to low raw material costs coupled with high demand from countries such as Japan, South Korea, and China.
The European market size was estimated at USD X billion in 2016 owing to growing animal feed production along with rising demand for poultry products across Germany, U.K.
North America accounted for a significant share followed by Middle East Africa (MEA) on account of rising pet food industry growth coupled with increasing livestock inventory especially cattle herds mainly due to favorable climatic conditions observed across North America.
Growth Factors:
- Increasing demand for feed grade vitamin and mineral premixes from the livestock industry as a result of rising meat consumption across the globe.
- Growing awareness about the benefits of feed grade vitamin and mineral premixes among farmers, which is expected to boost demand for these products in the coming years.
- Rising investments by leading players in research and development activities to develop new and innovative products that meet the specific needs of different livestock species.
- Proliferation of private label brands in the market that offer high quality feed grade vitamin and mineral premixes at competitive prices, thereby resulting in increased competition among manufacturers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Feed Grade Vitamin and Mineral Premixes Market Research Report
By Type
10% Effective Substance Content, 20% Effective Substance Content, 30% Effective Substance Content, Others
By Application
Large Livestock, Poultry
By Companies
Nutreco, Cargill, InVivo NSA, DLG Groups, ADM, Animix, Burkmann, Arasco Feed, Crown Pacific Biotech, BEC Feed Solutions, Lantmannen Lantbruk, Masterfeeds L.P., Nutrius, Zagro
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Feed Grade Vitamin and Mineral Premixes Market Report Segments:
The global Feed Grade Vitamin and Mineral Premixes market is segmented on the basis of:
Types
10% Effective Substance Content, 20% Effective Substance Content, 30% Effective Substance Content, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Large Livestock, Poultry
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Nutreco
- Cargill
- InVivo NSA
- DLG Groups
- ADM
- Animix
- Burkmann
- Arasco Feed
- Crown Pacific Biotech
- BEC Feed Solutions
- Lantmannen Lantbruk
- Masterfeeds L.P.
- Nutrius
- Zagro
Highlights of The Feed Grade Vitamin and Mineral Premixes Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 10% Effective Substance Content
- 20% Effective Substance Content
- 30% Effective Substance Content
- Others
- By Application:
- Large Livestock
- Poultry
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Feed Grade Vitamin and Mineral Premixes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Feed grade vitamin and mineral premixes are blends of vitamins and minerals that are specifically designed for animal feed. These premixes provide a consistent level of nutrients to livestock, helping to ensure they receive the correct amount of essential vitamins and minerals.
Some of the major players in the feed grade vitamin and mineral premixes market are Nutreco, Cargill, InVivo NSA, DLG Groups, ADM, Animix, Burkmann, Arasco Feed, Crown Pacific Biotech, BEC Feed Solutions, Lantmannen Lantbruk, Masterfeeds L.P., Nutrius, Zagro.
The feed grade vitamin and mineral premixes market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Feed Grade Vitamin and Mineral Premixes Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Feed Grade Vitamin and Mineral Premixes Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Feed Grade Vitamin and Mineral Premixes Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Feed Grade Vitamin and Mineral Premixes Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Feed Grade Vitamin and Mineral Premixes Market Size & Forecast, 2020-2028 4.5.1 Feed Grade Vitamin and Mineral Premixes Market Size and Y-o-Y Growth 4.5.2 Feed Grade Vitamin and Mineral Premixes Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 10% Effective Substance Content
5.2.2 20% Effective Substance Content
5.2.3 30% Effective Substance Content
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Large Livestock
6.2.2 Poultry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Feed Grade Vitamin and Mineral Premixes Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Feed Grade Vitamin and Mineral Premixes Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 10% Effective Substance Content
9.6.2 20% Effective Substance Content
9.6.3 30% Effective Substance Content
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Large Livestock
9.10.2 Poultry
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 10% Effective Substance Content
10.6.2 20% Effective Substance Content
10.6.3 30% Effective Substance Content
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Large Livestock
10.10.2 Poultry
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 10% Effective Substance Content
11.6.2 20% Effective Substance Content
11.6.3 30% Effective Substance Content
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Large Livestock
11.10.2 Poultry
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 10% Effective Substance Content
12.6.2 20% Effective Substance Content
12.6.3 30% Effective Substance Content
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Large Livestock
12.10.2 Poultry
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 10% Effective Substance Content
13.6.2 20% Effective Substance Content
13.6.3 30% Effective Substance Content
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Large Livestock
13.10.2 Poultry
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Feed Grade Vitamin and Mineral Premixes Market: Competitive Dashboard
14.2 Global Feed Grade Vitamin and Mineral Premixes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nutreco
14.3.2 Cargill
14.3.3 InVivo NSA
14.3.4 DLG Groups
14.3.5 ADM
14.3.6 Animix
14.3.7 Burkmann
14.3.8 Arasco Feed
14.3.9 Crown Pacific Biotech
14.3.10 BEC Feed Solutions
14.3.11 Lantmannen Lantbruk
14.3.12 Masterfeeds L.P.
14.3.13 Nutrius
14.3.14 Zagro