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Feed Phosphate Market Trends to 2024 Profiling Yara International, The Mosaic Company, Elixir, Eurochem, OCP Group, Reanjoy, Lifosa

10-26-2018 12:22 PM CET | Business, Economy, Finances, Banking & Insurance

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Feed Phosphate Market, Global Feed Phosphate Market Size, Feed Phosphate Industry, Feed Phosphate Market Trends

Feed Phosphate Market, Global Feed Phosphate Market Size, Feed Phosphate Industry, Feed Phosphate Market Trends

Market Study Report recently introduced new title on “2018-2024 Global Feed Phosphate Market Report” that provides an in-depth overview of industry and competitive landscape, covering multiple market segments and elaborates market outlook and status to 2024.

North America led by U.S and Canada feed phosphate Market should expect significant gains at over 3.5% over the foreseeable timeframe owing to rising penetration of livestock diseases along with high nutrition requirements for poultry production in the U.S. Rising consumption of processed beef products are also expected to regional foster feed phosphate Market.

The rapidly rising global populace in tandem with the increase in spending capability, growing urbanization and fluctuating prices of different foods have been fueling the requirement of livestock products which is considerably stimulating feed phosphate market share. In recent times, the production of livestock has increased tremendously across the globe, fueling the demand for high quality feed to maintain livestock health. The economic trading policies implemented by various regional governments to increase the production of livestock is also a vital factor that would massively propel the feed phosphate industry in the years to come. Global Feed Phosphate Market may exceed USD 4.5 billion by 2024; according to a new research report.

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The APAC region is a pivotal regional ground for the growth of feed phosphate market. Driven by the demand for livestock products across the countries of India, China, Pakistan, Vietnam, and Indonesia, the requirement of feed has been growing at an unprecedented pace, thereby fueling the feed phosphate industry trends. Considering the growth opportunities in the production of feedstock products, leading industry giants based in China and India have been looking forward to developing a new range of products which could help them to gain competitive benefits.

Feed phosphates are majorly mixed with commercial animal food such as fodders and other premixes to enhance the quality of food along with addition of adequate mineral requirement in animal?s daily dietary intake. These products are rich in phosphorous and calcium which further prevent livestock diseases and enhances the quality of meat produced for human consumption. These products help in providing essential nutrients required for bone development, fertility, reproduction, lactation along with increasing metabolism and immunity. The products are added in animal feed and dairy products consumed by animals maintaining overall growth and wellness. Feed phosphate Market from poultry livestock is expected to surpass USD 5 billion by 2024. Rising prevalence of animal?s diseases such as rickets along with high nutrient requirements for poultry production in U.S will drive the market demand of feed phosphates.

Phosphates are extracted from phosphate rock and further are further reacted with phosphoric acid for the manufacturing of feed phosphates. Further, these products enrich the quality of animal food providing them all the nutrients required for proper growth. The products help in controlling appetite providing palatability and appropriate digestion to animals along with performing other body functions such as maintenance of osmotic pressure and acid balance, energy utilization and transfer and development of skeletal tissues. These products are inorganic sources which plays a crucial role in acid base buffering in blood, provides growth to teeth and bones and boost energy metabolism in livestock. The sufficient dosage of phosphorous in animal food also helps in protein digestibility, increase in feed conversion and intake along with weight gain.

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Europe led by Germany, France and Russia feed phosphate market should expect consumption at over 1 million by the end of 2024. Growing pork and poultry business and industrialization along with rising preference of consumer towards quality products containing low fat is expected to drive the regional industry growth.

Global feed phosphate market share is partially fragmented and industry participants include players such as Elixir, The Mosaic Company, Eurochem, Yara International, OCP Group, Reanjoy, Rotem Turkey and Lifosa. Many participants in the feed phosphate industry are expanding their global reach by offering high quality products along with strong R&D investments for providing quality products at affordable costs.

Table of Contents
Chapter 1 Feed Phosphate Market Methodology & Scope
Chapter 2 Feed Phosphate Market Executive Summary
Chapter 3 Feed Phosphate Industry Insights
Chapter 4 Feed Phosphate Market, By Product
Chapter 5 Feed Phosphate Market, By Livestock
Chapter 6 Feed Phosphate Market, By Region
Chapter 7 Feed Phosphate Market Company Profiles

Outside of scope of this report in line with the increasing production of livestock across the globe, the use of food supplements has been increased remarkably which could help to reduce mineral deficiencies and improve metabolism of livestock. The surging use of food supplements for strengthening the immune system, bone structure, and reproductive system of livestock and poultry will further stimulate feed phosphate market share over the years ahead. Powered by the fact that the consumption of feed phosphate may lead to an increase in the weight of poultry, the demand for feed phosphate industry is expected to surge commendably in the years to come.

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