Press release
Outlook of Feed Micronutrients Market | 2019 -2025| Zinpro Corporation, DSM, Vamso Biotec Pvt. Ltd., Alltech, Inc., Ridley, Inc., ADM , Pancosma SA., Novus International, Nutreco N.V., Cargill, Kemin Industries Inc.
Feed Micronutrients Market
Trace minerals segment is expected to witness growth exceeding 8% in terms of revenue up to 2025. Iron is among the major elements that are used in the production of high-quality animal feed. Key health benefits including improved digestion & overall health among the ruminants and poultry animals owing to its large oxygen carrying capacity in the body will drive the feed micronutrients market.
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"Global Feed Micronutrients Market valuation surpassing USD 1.4 billion in 2018 And is expected to exceed USD 2 billion till 2025;according to a new research report by Global Market Insights, Inc."
Top Key Players :
1. Zinpro Corporation
2. Vamso Biotec Pvt. Ltd.
3. Tanke Biosciences Corporation
4. Royal DSM
5. Archer Daniels Midland Company
6. Alltech, Inc.
7. Ridley, Inc.
8. Phibro Animal Health Corporation
9. Pancosma SA.
10. QualiTech Corp.
11. Biochem
12. Nutreco N.V.
13. Mercer Milling Company, Inc.
14. Novus International, Inc.
15. Davidsons Animal Feeds
16. U.S. Rare Earth Minerals, Inc.
17. Cargill
18. Kemin Industries Inc.
Market Segmentation By Types:
1. Trace Minerals
2. Vitamins
Market Segment By Livestock, Applications:
1. Poultry
2. Ruminant
3. Aquaculture
4. Swine
5. Equine
Vitamins are anticipated to witness CAGR at over 6% from 2019 to 2025. Increasing necessity to improve the metabolism rate, immunity and reproductive performance among livestock is expected to foster product demand. Rising livestock farming will propel the demand for feed vitamins supplements as farmers are expected to ensure the premixes fit their specific farming prospects and meet the demands through all production stages of the animals.
Increasing high-quality meat & dairy products consumption for addressing micronutrient deficiencies and health problems is anticipated to drive the feed micronutrients market. Factors such as enhancing food absorption, weight gain coupled with improving overall animal health will significantly fuel the product demand. In addition, rising concern pertaining to surging expenditure on the animal health maintenance with increasing disease outbreak will provide a strong business outlook for industry expansion.
Poultry segment in the overall feed micronutrients market is anticipated to surpass USD 1 billion up to 2025. Shifting consumer preferences towards processed meat products along with increasing food consumption rich in protein & essential nutrients will propel the industry size. Besides, increasing nutritious forage consumption for better health and output will enhance the total product demand.
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Middle East and Africa feed micronutrients market will witness a CAGR exceeding 6% over the projected time frame. An upsurge in the micronutrients deficiencies coupled with significant inadequacies among the livestock across the region will boost product demand in the market. Increasing prevalence of non-cultivable lands coupled with growing government-sponsored initiatives to prevent malnutrition and micronutrients deficiencies among the regional population will provide a strong outlook for the business expansion.
Asia Pacific is anticipated to hold over 30% volume share in the overall feed micronutrients market in 2018. Surging demand for meat-based food products across the major economies such as China, India, and Japan due to the rapid population & economic growth in the region will augment the industry landscape. Besides, shifting consumer trends from traditional carbohydrates diets such as rice to the food products rich in protein & essential micronutrients will further elevate overall business expansion across Asia Pacific.
Aries Agro, Cargill, ADM, Nutreco N.V., Balchem Corp., Agrium Advanced Technologies, Alltech, Qualitech, Lallemand, Kemin, Novus International, Zinpro Corporation, and Gawrihar Bio-Chem are among the major industry participants.
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Partial Table Of Content :
Chapter 5 Feed Micronutrients Market, By Livestock
5.1 Global feed micronutrients market share by livestock, 2018 & 2025
5.2 Poultry
5.2.1 Market estimates and forecast, 2013 - 2025, (Kilo tons) (USD Million)
5.2.2 Market estimates and forecast, by region, 2013 - 2025, (Kilo tons) (USD Million)
5.3 Ruminant
5.3.1 Market estimates and forecast, 2013 - 2025, (Kilo tons) (USD Million)
5.3.2 Market estimates and forecast, by region, 2013 - 2025, (Kilo tons) (USD Million)
5.4 Aquaculture
5.4.1 Market estimates and forecast, 2013 - 2025, (Kilo tons) (USD Million)
5.4.2 Market estimates and forecast, by region, 2013 - 2025, (Kilo tons) (USD Million)
5.5 Swine
5.5.1 Market estimates and forecast, 2013 - 2025, (Kilo tons) (USD Million)
5.5.2 Market estimates and forecast from other livestock, by region, 2013 - 2025, (Kilo tons) (USD Million)
5.6 Equine
5.5.1 Market estimates and forecast, 2013 - 2025, (Kilo tons) (USD Million)
5.5.2 Market estimates and forecast from other livestock, by region, 2013 - 2025, (Kilo tons) (USD Million)
In-depth table of contents @ https://www.gminsights.com/toc/detail/feed-micronutrients-market
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email : sales@gminsights.com
Web : https://www.gminsights.com
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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