China’s Feed Premix Market to Post 4.5% CAGR during 2016-2021, Says MicroMarketMonitor in Its New Report Available at MarketPublishers.com14 Jul 2016 • by Natalie Aster
LONDON – China’s feed premix market is poised to follow an upward trend during 2016-2021, registering growth at a 4.5% CAGR. Steady growth in the Chinese feed premix market will likely be supported by increasing awareness of animal health in the country, especially from the domestic meat industry. Other important drivers of the national feed premix market include strong local demand for livestock products, constantly changing consumption patterns, rising meat consumption, favourable governmental regulations and increasing concerns regarding animal feed quality. However, the market growth could be hindered by increasing costs of feed ingredients in the country, availability of natural feed alternatives and rising occurrence of major animal diseases.
Cargill, Charoen Pokphand, Archer Daniels Midland Company, Koninklijke DSM N.V., DLG GROUP, Nutreco N.V., Dabaco Group JSC, AB AGRI, Invivo Nutrition Et Sante Animales and Beijing Dabei Nong Technology Group are amid the top companies active in the Chinese feed premix marketplace.
Cutting-edge report “China Feed Premix Market - Forecast To 2021” recently elaborated by MicroMarketMonitor offers a detailed assessment of the Chinese feed premix market on the basis of ingredients types and livestock. It offers updates statistics, explores top emerging trends, reviews the major growth drivers and hinders, identifies key growth priorities, opportunities and challenges. The research publication contains data on the competitive environment within China’s feed premix market and also includes detailed profiles of top players. Market forecasts through 2021 are at hand in this new report.
Other reports by MicroMarketMonitor are offered at this page.