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The latest report, titled ‘Global Feed Premixes Market,’ comprises a profound analysis of the fundamental parameters contributing to the global Feed Premixes market scenario. The research report provides the reader with an in-depth interpretation of the Feed Premixes market dynamics, including the crucial drivers, opportunities, threats, and challenges. The report also describes the key business strategies, demand and supply ratios, leading regions, and the renowned market players, in a nutshell, offering a futuristic outlook of the overall Feed Premixes industry. The market intelligence report is a prototype of the 360° overview of the global Feed Premixes industry, shedding light on the estimated market value, share, growth trends, gross revenue, competitive overview, prominent manufacturers and buyers, available product types, and end-use applications.

The global feed premixes market size was USD 26.40 Billion in 2022 and is expected to register a rapid revenue CAGR of 6.3% during the forecast period. Rising demand and consumption of livestock-based products is a key factor driving market revenue growth. Animal feed premix is a combination of vitamins, minerals, supplements, and other nutritional elements designed to offer a balanced diet and fulfill the livestock's specific nutritional demands. For instance, premix for cattle feed helps to produce high-quality milk, as well as supports through various stages of development, and improves their health and immunity. The diet of chickens is around 70% based on cereal grains, so it must be enriched with vitamins, minerals, enzymes, and amino acids, hence premixes are utilized. An additive in the diet is required to improve metabolism in chickens, full development and functioning of internal organs, and increased egg production and hatchability of chickens. High-quality feed premixes also improve the quality of livestock-based products, such as meat, milk, and eggs providing better flavor, texture, and nutritional profiles, and making these more appealing to consumers. In addition, increasing product launches by major companies is another key factor driving revenue growth of the market. For instance, on 23 February 2023, Evonik launched its first plant-based premix with the goal of keeping sows, laying hens, and dairy cows healthy. Evonik Animal Nutrition enhanced its probiotics-based Gut Health Solutions range with the addition of plant-based PhytriCare IM. The medication, PhytriCare IM, is made up of selected plant extracts with a high flavonoid content.

To receive a PDF sample of the report, visit @ https://www.emergenresearch.com/request-sample/2373

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