The global feed premix market is expected to gain impetus from the rising demand for balanced feed products, including micronutrients and macronutrients. This information is published in a report by Fortune Business Insights, titled, “Feed Premix Market Size, Share & Industry Analysis, By Type (Vitamins, Minerals, Amino Acids, and Antibiotics), Livestock (Poultry, Ruminants, Swine, Aquatic Animals, and Others), and Regional Forecast, 2019-2026.” According to the report, the global feed premix market is projected to reach USD 15.35 Billion by 2026, exhibiting a CAGR of 7.75% during the forecast period. However, the global feed premix market size was valued at USD 8.50 Billion.
Provimi Jordan Develops Technologically Advanced Animal Nutrition Premix Plant
Cargill, a privately held global corporation, based in the U.S., announced that its animal nutrition business, Provimi Jordan inaugurated an advanced animal nutrition premix plant in Jordan in April 2019. The main aim of creating the plant is to offer sustainable and safe solutions to meet the changing demand of feed producers and farmers in the Middle East. The state-of-the-art plant possesses a production capacity of approximately 65,000 metric tons of premix per year. Moreover, it features a technologically advanced whole-process barcode record management system. It aids in enhancing full-traceability from raw materials to finished products. The plant combines a team of highly skilled nutritionists with an adjacent animal nutrition lab that is resulting in the creation of a unique platform for the company to enhance sustainable farming practices.
Fortune Business Insights lists out some of the renowned market players operating in the global feed premix market. They are as follows:
- The Archer Daniels Midland Company
- Koninklijke DSM N.V.
- Nutreco N.V.
- Cargill, Incorporated (Provimi)
- Purina Animal Nutrition LLC
- Kemin Industries
- Land O’lakes, Inc.
- De Heus Animal Nutrition
- Alltech, Inc.
- Zinpro Corporation
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