San Francisco – Nov 17, 2015 – The global market for animal feed organic trace minerals is expected to reach USD 624.6 Million by 2020. Higher bioavailability or organic trace minerals in animals as compared to inorganic counterparts is expected to be a key driver for the market over the next six years. In addition, growing regulatory concerns regarding the hazardous effects of unabsorbed inorganic minerals is expected to further augment the demand for organic counterparts. Furthermore, inorganic trace minerals also affect the health of animals which has resulted in substitution by organic minerals in animal feed.
Further key findings from the study suggest:
Zinc was the highest consumed mineral and accounted for over 45% of the global consumption in 2012. The high consumption can be associated with multiple advantages offer by zinc such as antioxidant, tissue repair, wound healing and cofactor for enzymes. It is also expected to witness fastest growth over the next six years growing at a CAGR of nearly 7% from 2013 to 2020.
The other commonly used trace minerals include Iron, Manganese, Copper, Selenium and Cobalt. Iron and Manganese were the second and third largest segments in 2012 and together accounted for over USD 110.0 million of revenue.
Mushroom Industry Forecasts:
Packaged Food Market Forecasts:
Table Of Contents
Chapter 1 Executive Summary
1.1 Animal Feed Organic Trace Minerals – Industry Summary & Critical Success Factors (CSFs)
Chapter 2 Animal Feed Organic Trace Minerals Industry Outlook
2.1 Market Segmentation
2.2 Market Size and Growth Prospects
2.3 Solar PV Market Dynamics
2.4 Key Opportunities Prioritized
2.5 Industry Analysis – Porter’s
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Chapter 3 Animal Feed Organic Trace Minerals Product Outlook
3.5 Others (Selenium, Cobalt)
Chapter 4 Animal Feed Organic Trace Minerals Regional Outlook
4.1 North America
4.3 Asia Pacific
Chapter 5 Competitive Landscape
5.1 Alltech Inc.
5.2 Archer Daniels Midland Co.
5.3 Biochem Lohne Germany
5.4 Bio Multimin Inc.
5.5 Cargill Inc.
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