Market Size of GCC Feeed Premix Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Market Size (2024) | USD 3.67 Billion |
Market Size (2029) | USD 4.97 Billion |
CAGR (2024 - 2029) | 6.20 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
GCC Feed Premix Market Analysis
The GCC Feeed Premix Market size is estimated at USD 3.67 billion in 2024, and is expected to reach USD 4.97 billion by 2029, at a CAGR of 6.20% during the forecast period (2024-2029).
The increasing consumption of animal-based products, particularly poultry, dairy, and seafood, is driving the demand for high-quality feed, subsequently boosting the need for feed premixes in the region. Governments in the Gulf Cooperation Council (GCC) are actively promoting local production of animal-based food products through supportive policies and subsidies. According to the USDA Poultry and Products Annual 2024 report, domestic poultry production in the United Arab Emirates accounts for 15% of chicken meat consumption, with the remaining 85% imported, primarily from Brazil. In response, the UAE's National Food Security Strategy 2051 aims to develop a comprehensive national system to enable sustainable local food production through modern technology, further stimulating feed premix demand in the region.
The growing aquaculture sector in the region is a significant driver of the feed premix market. The Ministry of Environment, Water, and Agriculture reports that fish production in saltwater and inland waters reached 140,000 metric tons in 2023, representing a 56.4% increase from 2021 production volumes. As part of Saudi Vision 2030, the ministry has implemented strategic plans aimed at increasing annual per capita fish consumption to 13 kilograms. This production increase, coupled with government support, is propelling the growth of the feed premix market in the region.
GCC Feed Premix Industry Segmentation
A feed premix is a specialized blend of essential nutrients, including vitamins, minerals, amino acids, and other additives, designed to enhance livestock feed. The GCC Feed Premix Market is segmented by Ingredient Type (Antibiotics, Vitamins, Antioxidants, Amino Acids, Minerals, and Other Ingredients) and Animal Type (Ruminant Feed, Poultry Feed, and Other Animal Feed). The market is further categorized by Geography (United Arab Emirates, Saudi Arabia, Oman, Kuwait, Bahrain, and the Rest of GCC). This report provides market size and forecasts in both volume (Metric Tons) and value (USD) for all segments.
Ingredient Type | |
Antibiotics | |
Vitamins | |
Antioxidants | |
Amino Acids | |
Minerals | |
Other Ingredient Types |
Animal Type | |
Ruminant Feed | |
Poultry Feed | |
Other Animal Feed |
Geography | |
United Arab Emirates | |
Saudi Arabia | |
Oman | |
Kuwait | |
Bahrain | |
Rest of GCC |
GCC Feeed Premix Market Size Summary
The GCC feed premix market is poised for significant growth, driven by the increasing demand for high-value animal protein and the need for improved feed conversion rates. Feed premixes, which are essential for ensuring the uniform distribution of micro-ingredients like vitamins, minerals, and amino acids in animal feed, play a crucial role in enhancing animal productivity and feed quality. The market is experiencing a resurgence as the region recovers from the disruptions caused by the COVID-19 pandemic, which had led to supply chain challenges and factory shutdowns. The end consumers of feed premixes include compound feed manufacturers, integrators, farmers, and the aquaculture industry, all of whom are pivotal in driving the market's expansion across the Gulf countries.
The market landscape is characterized by a fragmented structure with a mix of local and a few international players, such as Arasco, Trouw Nutrition, and Fujairah Feed Factory. These companies are actively pursuing expansion strategies within the Gulf region, either through new investments or acquisitions of smaller local entities. Saudi Arabia leads the region in meat production, which in turn fuels the demand for feed premixes, making it a key market for manufacturers. The industrialization of poultry production and the rising demands in dairy cattle feed further bolster the vitamin segment of the feed premix market. Innovations, such as BASF and Cargill's enzyme-based solutions and ADM Animal Nutrition's NutriPass L, highlight the ongoing advancements in the industry, aiming to optimize animal nutrition and reduce nutrient wastage.
GCC Feeed Premix Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Increasing Demand for High-value Animal Protein
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1.2.2 Growing Aquaculture and Poultry Sector
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1.2.3 Supportive Government Initiations
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1.3 Market Restraints
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1.3.1 Rise in the Cost of Feed Ingredients
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1.3.2 Lack of Awareness Among Livestock Farmers
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitutes
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Ingredient Type
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2.1.1 Antibiotics
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2.1.2 Vitamins
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2.1.3 Antioxidants
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2.1.4 Amino Acids
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2.1.5 Minerals
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2.1.6 Other Ingredient Types
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2.2 Animal Type
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2.2.1 Ruminant Feed
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2.2.2 Poultry Feed
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2.2.3 Other Animal Feed
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2.3 Geography
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2.3.1 United Arab Emirates
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2.3.2 Saudi Arabia
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2.3.3 Oman
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2.3.4 Kuwait
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2.3.5 Bahrain
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2.3.6 Rest of GCC
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GCC Feeed Premix Market Size FAQs
How big is the GCC Feeed Premix Market?
The GCC Feeed Premix Market size is expected to reach USD 3.90 billion in 2025 and grow at a CAGR of 6.20% to reach USD 5.27 billion by 2030.
What is the current GCC Feeed Premix Market size?
In 2025, the GCC Feeed Premix Market size is expected to reach USD 3.90 billion.