Food & Beverages

Kemin Industries, Inc.

Company Profile Analysis

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Kemin Industries, Inc. - Food & Beverages showcase

Year Founded & Workforce

1960-12-31

3,000 Employees

Industry

Food & Beverages

Services

K

Kemin Industries, Inc. Overview

Company Headquarters: Lowa, US

Founded: 1961

Workforce: ~3000

Company Working: Kemin Industries is a multinational ingredient producer that deals in the specialty ingredients for improvising human and animal health. For the protection of the global food supply chain, food safety, and human health, the firm provides approximately 500 specialty ingredients. Kemin Industries ingredients provide solutions for a variety of sectors, including animal health, nutraceuticals, pet food, food technologies, agricultural technologies, textiles, aquaculture, and animal vaccinations. The company provides ingredients to clients in more than 120 countries and is dedicated to the quality, safety, and effectiveness of food, feed, and health-related goods. Privately held and family-run, Kemin has production plants in 90 nations, including Belgium, Brazil, China, India, Italy, Russia, San Marino, Singapore, South Africa, and the US.

Strategy

Kemin Industries, Inc. makes significant R&D investments to provide high-quality products to meet the rising demand for animal nutrition and health around the world. It also makes investments in marketing plans like product launches to draw customers and boost revenue. Kemin recently extended its collaboration with the World Food Programme to continue supporting international research and food assistance initiatives. The business uses its manufacturing method to generate expertise solutions successfully. For instance, it has developed its organic trace mineral nutrition and Metal Propionates” and exclusive manufacturing production structure called “IOMPS™ (Integrated Organic Mineral Production System). Moreover, the products offered by the company are USFDA and OMRI-approved and made with Chromium Propionate.

Company Snapshot

3,000

Employees

1960-12-31

Founded

Lowa, US

Headquarters

SWOT Analysis

Strengths

  • Established global presence
  • Wide distribution network and global reach
  • Expanded geographic presence and brand recognition
  • Large number of expert employee base
  • Robust investment in the research & development process

Weaknesses

  • Dependency on developed markets for revenue generation
  • Cost management
  • Highly dependent on the US market
  • Cost management with effective processing

Opportunities

  • Distribution agreements with local players for profitable inorganic growth
  • Growth Opportunity In Europe And Africa Markets
  • Lucrative opportunities in the developed economies in the European region
  • Growth opportunity In Europe And Africa markets

Threats

  • Limited profit margins due to intense competition from the leading players
  • Increased competition in the global market
  • competitive pricing of the major players in the market

Key Developments

DateApproachDevelopment
November 2019InvestmentKemin Industries opened a new innovation and technology center at its regional headquarters in Zhuhai, China. The new facility will improve Kemin's capability to develop leading technologies and services to better meet customers' needs in the human and animal nutrition and health, aquaculture, food technologies, pet food, and specialty crop markets. This 4,200-square-meter facility is a USD 14.15 million investment in Kemin's research & development in China.
February 2021Product LaunchThe company launched KemTRACE Chromium-OR mineral which is an organic-compliant chromium propionate feed ingredient made for the livestock. The new product launch will be augmenting the products portfolio of the company.
May 2019ExpansionThe company has expanded its facility in South Asia by developing new India based manufacturing facility to increase production capabilities.
October 2018Product LaunchKemin Industries and Micronutrient USA launched Intellibond Vital 5 CR essential trace minerals with collaboration. Six essential minerals produced will be beneficial for the dairy and beef cattle wellbeing.
February 2018Product LaunchKemin Industries launched its trace minerals production line in the Middle East. It will be responsible to produce organic minerals products such as KemTrace chromium and Trace Zinc.
February 2021Product LaunchThe company launched KemTRACE Chromium-OR mineral which is an organic-compliant chromium propionate feed ingredient made for livestock. The new product launch will be augmenting the product portfolio of the company.
May 2019ExpansionThe company has expanded its facility in South Asia by developing a new India-based manufacturing facility to increase production capabilities.
October 2018Product LaunchKemin Industries and Micronutrient USA launched Intellibond Vital 5 CR essential trace minerals in collaboration. Six essential minerals produced will be beneficial for dairy and beef cattle wellbeing.
February 2018Product LaunchKemin Industries launched its trace minerals production line in the Middle East. It will be responsible to produce organic mineral products such as KemTrace chromium and Trace Zinc.

Product Offering

  • Kemin Industries, Inc.
    • Feed Acidifiers
    • Chelated Trace Minerals
    • Chelated Trace Minerals

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Kemin Industries, Inc. as part of our ongoing coverage of the Food & Beverages sector, drawing on public company data, filings, and market intelligence.

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Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
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Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Kemin Industries, Inc.

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