global-ruminant-feed-premix-market-industry
Published

May 2017

Global Ruminant Feed Premix Market – Growth, Trends and Forecasts (2017 - 2022)

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The global ruminant feed premix market was valued at USD 1.8 billion in 2016 and is expected to reach USD XX billion by 2022. The forecasted CAGR of the market is at 3.1%.

Market Dynamic

The increasing cost of raw materials has led to the inflation of feed prices in the last five years. This has led to an increase in expenditure on feed. The increase in feed cost and disruptions in the continuous supply of raw materials such as cereals and oilseeds have created the demand for compound feed. Growth in consumption of compound feed is expected to drive the market for feed premixes as they reduce the input cost and also improve the efficiency of the feed.  

The major reason for the growth in ruminant feed premix industry is the increase in consumption of processed cattle meat. The rising cost of cattle meat has led to increased production as more farmers are adopting intensive production system.

Market Segmentation

The consumption of feed premix is expected to grow at the fastest CAGR in the Asia-Pacific and South American region due to a surge in industrial production of meat in these regions. China, Brazil, and Argentina are the major players in these regions.  

Key Industry Players

The leaders in the global ruminant feed premixes include:

  • Charoen Pokphand
  • Cargill Inc.
  • Land O Lakes Feed
  • DBN Group
  • Archer Daniels Midland

Key Deliverables in the Study

  • An in-depth analysis of the global ruminant feed market, elaborating on the drivers, restraints, opportunities and the regulatory scenario.
  • Market numbers (size and growth forecasts) for the ruminant feed market, comparing it with the size and growth of other segments like swine feed, poultry feed and aqua feed.
  • Market size and forecasts for 20 of the most prominent countries across the globe for the ruminant feed market and expert opinions on the future of the compound feed market.
  • The most prominent companies operating in this market across the globe, elaborating on the products and services, financials and key strategies formulated by these companies in the last five years.
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