Feed & Additive Magazine Issue 47 December 2024

MARKET REPORT FEED & ADDITIVE MAGAZINE December 2024 97 • AB Agri • Adisseo • ADM • Advanced Animal Nutrition • Agrofeed Ltd. • Alltech • Anpario • Associated British Foods • Avitech Nutrition • Avril Group • BASF SE • BDT Group • BEC Feed Solutions • BRF • Cargill • CCPA Group • Charoen Pokphand Foods • Corbion • Danish Agro • De Heus Animal Nutrition • Devenish Nutrition • DLG Group (Vilofoss) • Dr. Eckel Animal Nutrition • dsm-firmenich • Evonik Industries • EW Nutrition • ForFarmers • Huvepharma • Invivo Group • J. D. Heiskell & Company • Kemin Industries • KG Group • Lallemand Animal Nutrition • Land O’lakes • Lexington Enterprises • Novus International • Nutreco N.V. (Selko) • Nutriad International • NutriQuest • Orffa • Phibro Animal Health Corporation • Phileo by Lesaffre • Purina Animal Nutrition LLC • Royal Agrifirm Group • Zinpro Corporation SOME SUPPLIERS IN THE GLOBAL FEED PREMIXES MARKET: In summary, while Asia-Pacific dominates the market, other regions like North America and South America also present significant growth opportunities. As the global population continues to rise and dietary preferences evolve, demand for feed premixes is expected to remain strong. COMPETITIVE ENVIRONMENT IN FEED PREMIXES MARKET The global feed premixes market is a dynamic and competitive environment. One of the main challenges faced by suppliers is competition. In a market characterized by intense competition among both local and international players, the increasing availability of substitute and lower-cost premixes can put pressure on pricing. Compliance with strict regulatory standards is another key challenge. Supply chain disruptions, such as geopolitical events or natural disasters, also affect the availability and cost of raw materials. According to analysts, for long-term success in this dynamic and competitive market, suppliers need to - Differentiate themselves through product innovation, superior quality and strong customer relationships, - Balancing profitability with competitive pricing strategies, - Investing in quality control systems, testing facilities and regulatory expertise to ensure product safety and efficacy, - Expanding into new markets, - Adoption of sustainable practices. References 1. What is a premix? | FEFAC 2. Premixes I dsm-firmenich 3. Feed Premixes Market - Size, Value & Companies I Mordor Intelligence 4. Feed Premix Market Size, Share, Trends and Forecast 2033 I IMARC Group 5. Feed Premixes Market Trends: Drivers, Restraints and Growth Factors (2024-2033) I Emergen Research 6. Feed Premix Market Size, Share, Growth and Forecast 2032 I Zion Market Research 7. Feed Premix Market Report 2024, Insights and Overview 2033 I The Business Research Company 8. Animal Feed Business Risk Assessment Quantification COVID-19 and Supply Chains Disruptions Losses I Scientific Research Publishing (SCIRP) 9. The road to regulatory approval of animal nutrition and health products: Why planning and relationships matter | Argenta 10. 3 Risks and Consequences of Regulatory Non-Compliance | Nimonik 11. Consumer Understanding of Food Quality, Healthiness, and Environmental Impact: A Cross-National Perspective - PMC I National Library of Medicine 12. OECD-FAO Agricultural Outlook: Emerging economies will continue driving agricultural markets I FAO

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