(Australia-NewsWire.Com, May 01, 2017 ) According to the report published by Market Data Forecast named “Middle-East and Africa Poultry Feed Premix” which estimates market to grow from $59 million from 2016 to $69 million by 2021 with a CAGR of 3.15% in the forecast period 2016-2021.
Feed premix refers to nutritional mixtures of biologically dynamic substances that are synthesized chemically and microbiologically in order to enhance healthy growth of farm animals while preventing them from various health related disorder. Feed Premix has many benefits over normal food such as increasing appetite and food intake, improving digestion, enhancing growth etc. It also enhances immunity of animals leading to antibiotic growth.
Poultry is the largest consumed meat all over the world. Hence there is a huge demand of quality poultry meat in the market. Poultry feed premix has become an essential of animals diet, thus, increasing livestock industry and meat production. The end consumers of the Poultry Feed Premix are poultry, pig, ruminants, fish etc.
The growth factors for this market are increasing consumption of meat, increasing population, demand of quality meat products, and livestock disease outbreaks. Also, with people getting health conscious, a shift has been observed from red meat to white meat, hence increasing the demand of poultry meat.
The Poultry Feed Premix is based on different ingredient type. Each sub segment is accompanied with Market Size Estimations and Y-o-Y Forecasts as well.
Segmentation. By Ingredient Type. • Minerals. • Antibiotics. • Vitamins. • Amino Acids. • Other Ingredients.
The market has been geographically segmented into Middle-East and Africa and is projected to be one of the fastest-growing market for Poultry Feed Premix market. In terms of revenue, South Africa leads the market in this region.
Some of the major companies dominating the market in this region are Cargill, Koninklijke DSM N.V., Nutreco N.V., Archer Daniels Midland Company, and InVivo Nutrition et Sante Animales. Existing companies such as DSM and Nutreco have been actively involved in acquisition of regional suppliers and ingredient manufacturers in these regions to strengthen their market presence.
Scope of the Middle-East and Africa Poultry feed Premix Market: • Regional and country-level analysis that provides an innate perspective of Middle-East and African regional Markets. • To detect major focus areas of industrial growth Segment-level analysis on basis of type, products, application and end-user along with market size forecasts and y-o-y estimations are provided • Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics • PESTLE and Porter’s Five Forces Analyses that examine the macro & micro environmental factors such as political influence, technological prowess, industry rivalry to name a few. • An extensive listing of major market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment • mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies all rolled out into Competitive landscape • Expertly devised Market Outlook comprising the Investment opportunities to provide both individuals and organizations a strong financial foothold in the market.
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