GCC Feeed Premix Market Size (2024 - 2029)

The GCC Feed Premix Market is projected to experience significant growth over the forecast period, driven by increasing demand for high-value animal protein and declining feed conversion rates. The market's expansion is influenced by the need for uniform nutrient distribution in animal feed, which is facilitated by feed premixes. These premixes are essential for ensuring consistent nutrient supply, thereby enhancing animal productivity and feed quality. Despite challenges such as supply chain disruptions caused by the COVID-19 pandemic, the market is expected to grow steadily, reflecting the ongoing demand from various sectors, including compound feed manufacturers, integrators, and the aquaculture industry.

Market Size of GCC Feeed Premix Industry

GCC Feed Premix Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 3.67 Billion
Market Size (2029) USD 4.97 Billion
CAGR (2024 - 2029) 6.20 %
Market Concentration Low

Major Players

GCC Feed Premix Market 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, growing at a CAGR of 6.20% during the forecast period (2024-2029).

The COVID-19 pandemic has impacted the entire animal feed industry. Due to lockdowns, the closure of international ports caused supply chain disruption and limited product commerce. Supply chain interruptions are a major threat to the feed premixes industry. The shutdown of factories and ports was reported in many areas due to the supply shortage. Feed premix is a uniform mixture of one or more micro-ingredients such as vitamins, minerals, and amino acids with diluent and/or carrier. Premixes are used to facilitate the uniform dispersion of micro-ingredients in a larger mix. The manufacturers supply premixes to assure a regular uniform supply of nutrients to the animals, enhancing the quality of feed and productivity of the animals. The end consumers of feed premix are compound feed manufacturers, integrators, farmers, home-mixers, livestock, and the aquaculture industry. The increasing demand for high-value animal protein and declining feed conversion rates are driving the animal feed premix market in the Gulf countries.

GCC Feed Premix Industry Segmentation

A premix is a value-added solution to livestock feed consisting of a mixture of requisite vitamins, minerals, diluents, and other nutrients. The increasing demand for high-value animal protein and declining feed conversion rates are driving the animal feed premix market. The scope of the premix market includes segmentation based on the type of ingredients such as antibiotics, vitamins, antioxidants, amino acids, minerals, and other ingredient types, and on the basis of animals like ruminants, poultry, and other animals. Additionally, the report presents a detailed analysis of the markets based on geography, extending to all the GCC countries. The report offers market size and forecasts in volume (metric ton) and value (USD million) for all the above 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
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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.

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GCC Feeed Premix Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

    3. 1.3 Market Restraints

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Buyers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitutes

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Ingredient Type

      1. 2.1.1 Antibiotics

      2. 2.1.2 Vitamins

      3. 2.1.3 Antioxidants

      4. 2.1.4 Amino Acids

      5. 2.1.5 Minerals

      6. 2.1.6 Other Ingredient Types

    2. 2.2 Animal Type

      1. 2.2.1 Ruminant Feed

      2. 2.2.2 Poultry Feed

      3. 2.2.3 Other Animal Feed

    3. 2.3 Geography

      1. 2.3.1 United Arab Emirates

      2. 2.3.2 Saudi Arabia

      3. 2.3.3 Oman

      4. 2.3.4 Kuwait

      5. 2.3.5 Bahrain

      6. 2.3.6 Rest of GCC

GCC Feeed Premix Market Size FAQs

The GCC Feeed Premix Market size is expected to reach USD 3.67 billion in 2024 and grow at a CAGR of 6.20% to reach USD 4.97 billion by 2029.

In 2024, the GCC Feeed Premix Market size is expected to reach USD 3.67 billion.

GCC Feed Premix Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)