The rising demand for the feed premixes market has been driven by the surging feed additives market and the growth of the whole compound feed industry over the recent years. With the expansion of these markets, there has been demand for quality protein in the upcoming regions and feed premixes have been able to deliver higher values of animal protein. There has also been an increase in awareness for consumption of safer meat and milk products due to the recent disease outbursts in many regions. With the diseases affecting livestock so much, a need for industry level management and production of livestock has also come up and companies are trying to explore these areas.
As the market is not established, the processes have still not been optimized and continuous research is still going on to improve efficiency and subsequently compensate for the rising cost of raw materials, due to competition from the other markets. Also, the government regulations are quite stringent and don’t allow much room for experimentation but still companies try to push them as much as they can to accommodate this rising demand for the product.
A more comprehensive study of market dynamics could be found here in a report issued by Mordor Intelligence:
http://www.mordorintelligence.com/industry-reports/global-animal-feed-premix-market-industry
The post How Does the Feed Premix Market Work? appeared first on Mordor Intelligence | Knowledge Center.
