Premix is a uniform mixture of one or more micro ingredients with a carrier or diluent which are required in small amounts but not intended as direct feed to the animals. Poultry is widely consumed, poultry feed premix is a mixture of minerals, nutrients and vitamins along with the grains in order to make it as a complete feed. Latin America Poultry Feed Premix Market is driven by growing consumption of meat around the world and increase in the investments by the farmers and poultry industries on the feed ingredients. Furthermore, inclination towards white meat, advancements in the technology, increase in investments by the market players in launching innovative products also propels the growth of the poultry feed market. On the other hand, growing costs of raw materials, lack of awareness regarding benefits of premix restrains the Latin America Poultry Feed Premix Market.
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Market Scope: Latin America Poultry Feed Premix Market
Latin America Poultry Feed Premix Market is segmented on the basis of type and geographical regions
Based on the type, Latin America Poultry Feed Premix Market is segmented into the following:
• Antibiotics
• Minerals
• Vitamins
• Amino acids
• Other
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Country Analysis: Latin America Poultry Feed Premix Market
Latin America poultry feed premix market is segmented as countries, Brazil, Mexico, Argentina, Venezuela and Rest of Latin America. Brazil poultry feed premix market is expected to grow at significant rates due to increase in the broiler meat production to meet the rising meat demands. Furthermore, companies are focused on strengthening their position by adopting mergers and acquisitions. For instance, in December 2014, Nutreco acquired two animal nutrition companies in Brazil, Fatec Indústria de Nutrição e Saúde Animal Ltda. and BRNova Sistemas Nutriconais S.A. Argentina poultry feed premix market is expected to have a notable growth rate owing to rise in consumption of meat and opportunities in exporting meat. Mexico poultry feed premix market is projected to have significant growth over forecast period owing to rise in the feed industry, change in eating habits in the population towards the consumption of high protein animal products.
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Competition Assessment: Latin America Poultry Feed Premix Market
Key players’ profiles in the global Latin America Poultry Feed Premix Market include:
• Nutreco N.V. (The Netherlands)
• Cargill, Inc. (U.S.)
• Koninklijke DSM N.V. (The Netherlands)
• Archer Daniels Midland Company (U.S.)
• InVivo Nutrition Et Sante Animales (France)
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