Global Feed Premix Market

Report Description
Feed premix generally refers to enriched mixtures of biologically dynamic substances that are
synthesized chemically and microbiologically to increase the nutritious value of feeds in order to
improve its effect on farm animals while preventing them from various health related disorder. It
is a substance that is mixed with two or more ingredients during early stages of the
manufacturing process of animal feed compound. The various advantages of feed premix
includes improving appetite, digestion, and feed intake of animals. It also helps in enhancing
immune system by increasing antibody titres and also augments the antibiotic growth in the
animal’s body. However, lack of flexibility in diet formulation and lack of knowledge about the
quality of the supplemental ingredients to be used in feed premix are some of the disadvantages
for this market.
Feed Premix Market: Drivers and Restraints
The major driving factors for feed premix market includes increasing meat consumption across
the globe, mass production of meat coupled with rising demand for quality meat. Increasing
awareness among the farmers about the benefits of feed ingredients is expected to boost the
growth of feed premix industry in the global market. However, rising raw material cost and lack
of awareness about the premix is obstructing the market growth of feed premix market globally.
The shift in consumption from red meat to white meat in developed as well as developing
countries coupled with technology advancement and methods for manufacturing feed premix
with high expertise translates to major trend in global feed premix market.