Middle-East Feed Premix market has been estimated at USD 2.56 Billion in 2021 and is projected to reach USD 2.91 Billion by 2026, at a CAGR of 2.59% during the forecast period from 2022 - 2027.
Nutrient feed premix is mixtures of functional ingredients and additives. In birds, it helps in controlling feed contamination from Aflatoxins, Tricho Thecenes, Ochra Toxins A, Zearalenone & Fomonisins for better feed consumption & weight gain. It is available both in liquid and powder form.
Middle-East Feed Premix Market Drivers:
Increasing demand for cost-effective and high-quality feed from farmers to boost farm animal productivity is a major driving factor for growth in the feed premix market, in Middle-East and African countries. The end-consumer demand for high-quality meat from the meat processing industry is also trickling down to demand feed premixes from farmers. But there is the majority of farming community which is still not aware of the livestock health and uses of feed premixes which enhances productivity. Therefore, the market in this region is still in a primitive stage and will rise slowly with increasing awareness among the consumers and by the companies investing more in this region.
Middle-East Feed Premix Market - By Ingredient Type:
Middle-East Feed Premix Market - By Livestock:
In type, Vitamins are the most widely used premix. The demand for feed premixes in the poultry industry accounted for the largest share and is projected to be the fastest-growing segment.
The Market is Geographically divided into:
Middle-East countries and African countries. The market in this region has the lowest share of 3% due to unawareness of the farming community about the uses and benefits of feed premixes.
Existing companies such as DSM and Nutreco have been actively involved in the acquisition of regional suppliers and ingredient manufacturers in these regions to strengthen their market presence.
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