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(2023-2032) Trace Minerals In Feed Market Report: Global Size, Trends, Competitive Analysis, Types, Applications And Outlook
Trace Minerals In Feed Market
Trace Minerals In Feed Market Size, Growth Rate, And Forecast
The global trace minerals in feed market size is expected to grow from $496.98 billion in 2022 to $526.43 billion in 2023 at a compound annual growth rate (CAGR) of 5.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global trace minerals in feed market size is expected to reach $652.23 billion in 2027 at a CAGR of 5.5%.
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Trace Minerals In Feed Market Drivers
Rising meat and fish consumption are expected to boost the growth of trace minerals in feed market going forward. Meat is described as the flesh of animals (including fish and birds) used as food that can be part of a healthy diet. The growing need for animal protein in the human diet has supported increased meat and fish consumption. Trace minerals are sued to increase the meat and carcass quality of contemporary broiler chickens through the use of mineral clays in feed
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Trace Minerals In Feed Market Segments
1) By Type: Zinc, Copper, Cobalt, Manganese, Iron, Chromium, Other Types
2) By Chelate Type: Amino Acids, Proteinates, Polysaccharides, Other Chelate Types
3) By Livestock: Poultry, Ruminant, Swine, Aquaculture, Other Livestock
4) By Form: Dry, Liquid
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Trace Minerals In Feed Market.
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Trace Minerals In Feed Market Key Players
Major competitors in the Trace Minerals In Feed Market include Cargill Inc., Archer-Daniels-Midland Company (ADM), BASF SE, Bluestar Adisseo Co. Ltd., Nutreco N.V., Alltech Inc., Zinpro Corp., Novus International Inc., Kemin Industries Inc., Lallemand Inc., Virbac SA, QualiTech Inc., Dr. Paul Lohmann Gmbh & Co. KGAA, Koninklijke DSM N.V., Orffa Holdings BV, DLG Group, Veterinary Professional Services Ltd. (Vetpro), Chemlock Nutrition Corporation, Dr. Eckel Animal Nutrition GmbH & Co. KG, Green Mountain Nutritional Services Inc., and JH Biotech Inc
The Business Research Company's "Global Trace Minerals In Feed Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Trace Minerals In Feed Market Include:
1. Executive Summary
2. Trace Minerals In Feed Market Characteristics
3. Trace Minerals In Feed Market Trends And Strategies
4. Trace Minerals In Feed Market - Macro Economic Scenario
5. Trace Minerals In Feed Market Size And Growth
.......
26. Africa Trace Minerals In Feed Market
27. Trace Minerals In Feed Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Trace Minerals In Feed Market
29. Trace Minerals In Feed Market Future Outlook and Potential Analysis
30. Appendix
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