Organic trace minerals have vital role in maintaining animal health. The rate of absorbing the food increases with the presence of trace minerals in the feed, and they improve the nutrient content in animal feed. Growing occurrences of disease outbreaks, such as avian influenza (AI), in poultry and turkey have increased the demand for these minerals. Bioavailability is another factor that differentiates organic and inorganic trace minerals in animal feed. Poultry was the largest consumer of organic trace minerals in animal feed in 2016. The demand for broilers, chickens, and turkeys has witnessed a steady increase, particularly in countries with growing food industries such as China, India, and Brazil, which has played a key role in growing animal feed consumption in these countries.
Asia Pacific dominated the organic trace minerals market in 2016. This region was the largest manufacturer and consumer of feed with China and India accounting for a majority of the share. Favorable demographics, subsidized tax regime in animal husbandry, and improving feed quality were the major driving factors of this market in Asia Pacific.
Europe accounted for 27.7% of the market share in 2016. This region was driven by the growing demand from major animal feed consuming countries including Spain, Germany, the Netherlands, and France. State-of-the-art infrastructure and favorable climatic conditions have helped the region grow in the poultry and pork sectors, consequently boosting the demand for organic trace minerals.
In 2019, the market size of Animal Feed Organic Trace Minerals is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Animal Feed Organic Trace Minerals.
This report studies the global market size of Animal Feed Organic Trace Minerals, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Animal Feed Organic Trace Minerals production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Alltech
Archer Daniels Midland
Royal DSM NV
Nutreco N.V. Expansions & investments
...
Market Segment by Product Type
Zinc
Iron
Copper
Selenium
Others
Market Segment by Application
Dairy Cattle
Poultry
Horses
Pigs
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Animal Feed Organic Trace Minerals status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Animal Feed Organic Trace Minerals manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Animal Feed Organic Trace Minerals are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Animal Feed Organic Trace Minerals. Industry analysis & Market Report on Animal Feed Organic Trace Minerals is a syndicated market report, published as Global (United States, European Union and China) Animal Feed Organic Trace Minerals Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Animal Feed Organic Trace Minerals market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.