How Feed Micronutrients Market Growing Rapidly...? Global Manufacturers Danone, Yakult Honsha Co., Ltd., Nestle S.A., Lifeway Foods, Inc., Ganeden, Inc., Probi AB, BioGaia AB, Danisco A/S, Nebraska Cultures, Lallemand Inc., General Mills

Asia-Pacific generated the highest revenue in the market is expected to lead the global market throughout the forecast period. The rising geriatric population in the region, and increasing disposable income drive the market growth.

The increasing demand of health products in the region along with increasing awareness regarding benefits of Feed Micronutrients further support market growth. The increasing demand of Feed Micronutrients for animal feed and growing demand for healthy livestock is expected to accelerate the adoption of Feed Micronutrients during the forecast period.

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Feed Micronutrients Market size is estimated to exceed USD 2 billion by 2024; according to a new research report.

Shifting preference towards high quality meat and dairy products will drive the feed micronutrients market growth. Weight gain, enhancing food absorption along with improving overall animal health are among key factors fueling product demand.

Changing consumer diet towards more nutritious food will drive meat demand hence completely impacting feed micronutrients market. Increasing spending on animal health maintenance owing to rising disease outbreak among livestock has positively influenced product demand.

Zinc will generate over USD 350 million in revenue by 2024. Improving immunity, stabilizing membranes, enhancing antioxidant enzyme and maintaining lymphocyte replication are the key properties driving the product demand. Copper will witness growth over 6% up to 2024. High product adoption due to benefits including high iron absorption potential, improving metabolism & skin color will drive feed micronutrient market growth.

Supportive government compliances on bio-based products will drive the industry growth. High R&D investment and product development by key manufacturers will enhance product penetration. However, lack of awareness accompanied by non-willingness to pay on feed micronutrients may hamper feed micronutrient market growth.

Poultry was worth over USD 540 million in 2016. Increasing demand for processed food coupled with egg consumption will propel the industry growth.

Ruminants will generate over USD 500 million in revenue by 2024. Rising milk consumption globally will facilitate industry growth. For instance, annual milk consumption in developing countries was around 55 kg per capita in 2016 and expected to reach 66 kg by 2030.

North America feed micronutrients market was valued over USD 365 million in 2016. Rising demand for nutrient rich meat to ensure healthy diet are the key factors positively influencing the product demand. Strong outlook for vitamins, ferments and emulsifiers in this region due to presence of livestock breeding centers will support the business growth.

Asia Pacific, led by China feed micronutrients demand was over 80 kilotons in 2016. Increasing health awareness along with rising consumption of milk, curd, cheese & yogurt are the key factors driving growth.

Europe market will value over USD 585 million by 2024. Favorable government regulations pertaining to bio products will drive the product demand. Fodder industry expansion along with growth in livestock farming & breeding activities is expected to stimulate industry growth.

Global feed micronutrients market share is moderately fragmented due to presence of multinational as well as domestic manufacturers. Cargill, Aries Agro, Nutreco N.V., ADM, Agrium Advanced Technologies, Balchem Corp., Qualitech, Alltech, Kemin, Lallemand, Gawrihar Bio-Chem, Novus International and Zinpro Corporation are among the key industry players.

Feed Micronutrients market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilotons and revenue in USD Million from 2013 to 2024, for the following segments:

Feed Micronutrients Market, By Product
Trace Minerals
Iron
Zinc
Manganese
Copper
Boron
Others (Selenium, iodine, cobalt)
Vitamin
Vitamin A
Vitamin B
Vitamin C
Vitamin D
Vitamin K
Carotenoids
Others (Essential nutrients, fatty acids)

Feed Micronutrients Market, By Livestock
Poultry
Ruminant
Aquaculture
Swine
Equine

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Table of Contents:
1. Overview and Scope
1.1. Research goal & scope
1.2. Research assumptions
1.3. Research Methodology
1.3.1. Primary data sources
1.3.2. Secondary data sources
1.4. Key take-away
1.5. Stakeholders
2. Executive Summary
2.1. Market Definition
2.2. Market Segmentation
3. Feed Micronutrients Market Insights
3.1. Feed Micronutrients ? Industry snapshot
3.2. Feed Micronutrients - Ecosystem analysis
3.3. Feed Micronutrients Market Dynamics
3.3.1. Feed Micronutrients ? Market Forces
3.3.1.1. Feed Micronutrients Market Driver Analysis
3.3.1.2. Feed Micronutrients Market Restraint/Challenges analysis
3.3.1.3. Feed Micronutrients Market Opportunity Analysis
3.3.2. Industry analysis - Porter's five force
3.3.2.1. Bargaining power of supplier
3.3.2.2. Bargaining power of buyer
3.3.2.3. Threat of substitute
3.3.2.4. Threat of new entrant
3.3.2.5. Degree of competition
3.3.3. Feed Micronutrients Market PEST Analysis, 2016
3.3.4. Feed Micronutrients Market Value Chain Analysis
3.3.5. Feed Micronutrients Industry Trends
3.3.6. Competitive Ranking Analysis
4. Feed Micronutrients Market Size and Forecast, 2017-2026 by Source
4.1. Key Findings
4.2. Bacteria
4.3. Yeast
5. Feed Micronutrients Market Size and Forecast, 2017-2026 by Application
5.1. Key Findings
5.2. Functional Food & Beverages
5.3. Dietary Supplements
5.4. Animal Feed
6. Feed Micronutrients Market Size and Forecast, 2017-2026 by End-User
6.1. Key Findings
6.2. Human Feed Micronutrients
6.3. Animal Feed Micronutrients
7. Feed Micronutrients Market Size and Forecast, 2017-2026 by Region
7.1. Key Findings
7.2. North America
7.2.1. U.S.
7.2.2. Canada
7.2.3. Mexico
7.3. Europe
7.3.1. Germany
7.3.2. UK
7.3.3. France
7.3.4. Italy
7.3.5. Rest of Europe
7.4. Asia-Pacific
7.4.1. China
7.4.2. India
7.4.3. Japan
7.4.4. Rest of Asia-Pacific
7.5. Latin America
7.5.1. Brazil
7.6. Middle East & Africa
8. Company Profiles
8.1. Danone
8.1.1. Overview
8.1.2. Financials
8.1.3. Product Benchmarking
8.1.4. Recent Developments
8.2. Yakult Honsha Co., Ltd.
8.2.1. Overview
8.2.2. Financials
8.2.3. Product Benchmarking
8.2.4. Recent Developments
8.3. Nestle S.A.
8.3.1. Overview
8.3.2. Financials
8.3.3. Product Benchmarking
8.3.4. Recent Developments
8.4. Lifeway Foods, Inc.
8.4.1. Overview
8.4.2. Financials
8.4.3. Product Benchmarking
8.4.4. Recent Developments
8.5. Ganeden, Inc.
8.5.1. Overview
8.5.2. Financials
8.5.3. Product Benchmarking
8.5.4. Recent Developments
8.6. Probi AB
8.6.1. Overview
8.6.2. Financials
8.6.3. Product Benchmarking
8.6.4. Recent Developments
8.7. BioGaia AB
8.7.1. Overview
8.7.2. Financials
8.7.3. Product Benchmarking
8.7.4. Recent Developments
8.8. Danisco A/S
8.8.1. Overview
8.8.2. Financials
8.8.3. Product Benchmarking
8.8.4. Recent Developments
8.9. Nebraska Cultures
8.9.1. Overview
8.9.2. Financials
8.9.3. Product Benchmarking
8.9.4. Recent Developments
8.10. Lallemand Inc.
8.10.1. Overview
8.10.2. Financials
8.10.3. Product Benchmarking
8.10.4. Recent Developments
8.11. General Mills, Inc.
8.11.1. Overview

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