Market Size of Asia-Pacific Feed Premix Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.50 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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APAC Feed Premix Market Analysis
The Asia Pacific Feed Premix market is estimated to register a CAGR of 4.5% during the forecast period. The increasing demand for high-value animal protein and declining feed conversion rates are driving the animal feed premix market in the region. The market for feed premix is highly concentrated with the dominance of a few international players accounting for the major share in the market. The rising demand for meat across the region owing to the high-quality protein they provide and a significant rise in disposable income has led to the increased production of all types of meat. Therefore, to meet the feed requirement of the increasing cattle, poultry, and swine, the demand for feed premix has also increased, boosting the overall revenue generated across the region.
