Africa feed premix is an emerging market and is expected to reach $167.10 million by 2020. South Africa is the major market accounting for around 80% of the market share. The increasing meat consumption in the region is expected to drive the market for compound feed industry. Increasing awareness among the farmers about the benefits of compound feed is expected to accelerate the growth of feed premix industry. Poultry feed and cattle feed are the major feed premix consumers in the region. The market is fragmented in large number of small manufacturers catering to the demands of small regions.
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