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North America Feed Premix Market Size (2024 - 2029)

The North America Feed Premix Market is experiencing growth driven by the increasing demand for feed additives, which is linked to the expansion of mass meat production facilities. This growth is further fueled by heightened health awareness regarding meat quality and a shift in meat consumption trends towards poultry and pork, both of which require substantial feed additive inputs. The poultry segment, in particular, leads the market due to its popularity, with chicken meat being the most consumed in the United States.

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Market Size of North America Feed Premix Industry

Premix Market
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 3.70 %

Major Players

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*Disclaimer: Major Players sorted in no particular order

North America Feed Premix Market Analysis

North America Feed Premix Market is projected to grow at a CAGR of 3.7% during the forecast period(2020-2025). The demand for feed additives and feed premix is rising because of increasing facilities for mass meat production. Due to increased health awareness of meat quality and the shifting meat consumption trend toward poultry and pork, which require high feed additive inputs is driving the market. Poultry segments dominate the market due to rising meat consumption. For instance, according to the Organisation for EconomicCo-operation and Development (OECD) chicken meat is the highest consumed in the United States among other countries with per capita meat consumption was 50.1 kg in 2019 as compared to 49.7 kg in 2018. Some of the major players are Cargill Incorporated, Trow Nutrition, Archer Daniels Midland Company (ADM), , BASF SE, Land O'Lakes, Inc., Lallemand Inc., Jubilant Life Sciences Limited and others.

North America 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 global 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 others and also on the basis of animals like ruminants, poultry, swine, aquaculture, and others. Additionally, the report presents a detailed analysis of the market in the countries such as the United States, Canada, Mexico and Rest of North America

Type
Antibiotics
Vitamins
Antioxidants
Amino Acids
Minerals
Other Ingredient Types
Animal Type
Ruminants
Poultry
Swine
Aquaculture
Other Animal Types
Geography
United States
Canada
Mexico
Rest of North America
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North America Feed Premix Market Size Summary

The North America feed premix market is experiencing growth driven by the increasing demand for feed additives, particularly in the poultry and pork sectors, due to rising health awareness regarding meat quality. The market is characterized by a high level of organization, with strict regulations governing the production, usage, and marketing of compound feed and feed premix. The ban on antibiotics as growth promoters has opened up opportunities for alternative feed premixes, such as enzymes and micro minerals, which enhance livestock productivity and meat quality. The dominance of poultry in the market is evident, with significant consumption and production of chicken meat in the United States, reflecting a broader trend towards increased animal protein consumption.

The market is concentrated, with a few international players holding a significant share globally. Major companies like Cargill Incorporated, Trow Nutrition, and Archer Daniels Midland Company are key players, actively expanding their presence in developing countries through investments and strategic partnerships. The strategic divestiture by Ohly to Lallemand highlights the ongoing efforts to optimize resources and secure market positions. The continuous growth in livestock production and meat consumption underscores the necessity for quality feed premix, driving the market's expansion during the forecast period.

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North America Feed 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 Force Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 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 Ruminants

      2. 2.2.2 Poultry

      3. 2.2.3 Swine

      4. 2.2.4 Aquaculture

      5. 2.2.5 Other Animal Types

    3. 2.3 Geography

      1. 2.3.1 United States

      2. 2.3.2 Canada

      3. 2.3.3 Mexico

      4. 2.3.4 Rest of North America

North America Feed Premix Market Size FAQs

The North America Feed Premix Market is projected to register a CAGR of 3.70% during the forecast period (2024-2029)

Trow Nutrition, Cargill, Incorporated, Jubilant Life Sciences Limited, Land O Lakes Inc. and Lallemand Inc. are the major companies operating in the North America Feed Premix Market.

North America Animal Feed Premix Market Report Snapshots

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