Organic trace minerals are minerals used in small quantities, which are formed by attaching inorganic trace minerals to organic molecules such as amino acids or polysaccharides. The organic molecules used in the formation of organic trace minerals are called chelates. Though only small quantities of organic trace minerals are added to animal feed, they play an important role in maintaining the animal's health. The chelates in these minerals prevent the trace minerals from interacting with other minerals and feed components in the animals' bodies, thereby enhancing the absorption of the trace minerals. The bioavailability of organic trace minerals is higher than that of inorganic trace minerals. As a result, organic trace minerals are increasingly preferred over inorganic trace minerals in the animal feed segment.
Increasing meat consumption is important driver of this industry. Meat is one of the major sources of proteins. A shift in the food consumption pattern, which includes favoring proteins derived from animal sources is playing a key role in the growth of meat consumption globally. This, in turn, is anticipated to have a positive impact on the organic trace minerals industry.
The global organic trace minerals for animal feeds market accounted for the majority market share in Europe during 2017 due to the increasing demand for cattle mineral feed in the region. Consumers are increasingly shifting toward the consumption of organic meat over conventional meat due to the increased health concerns. This in turn, will boost the adoption of organic trace minerals for animal supplements in the region throughout the predicted period.
In 2019, the market size of Trace Minerals for Animal Feed 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 Trace Minerals for Animal Feed.
This report studies the global market size of Trace Minerals for Animal Feed, 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 Trace Minerals for Animal Feed 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:
Kemin
Novus
Pancosma
Zinpro
Cargill
Archer Daniels Midland
...
Market Segment by Product Type
Iron
Zinc
Copper
Others
Market Segment by Application
Ruminant
Poultry
Aquatic Animals
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 Trace Minerals for Animal Feed 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 Trace Minerals for Animal Feed 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 Trace Minerals for Animal Feed 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 Trace Minerals for Animal Feed. Industry analysis & Market Report on Trace Minerals for Animal Feed is a syndicated market report, published as Global (United States, European Union and China) Trace Minerals for Animal Feed Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Trace Minerals for Animal Feed market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.