LONDON--(BUSINESS WIRE)--Technavio, a tech-focused research firm, has published a new report on the global organic trace minerals for animal feed market, which is expected to grow at a CAGR of almost 5% from 2015-2019.
The latest market research report by Technavio draws attention towards the hazardous effect of unabsorbed inorganic minerals in animal feed, which gives rise to not only environmental concerns, but also concerns about the safety of animals.
“Organic trace minerals have higher bioavailability compared to inorganic trace minerals, hence there is an increased demand for organic trace minerals in the market,” says Faisal Ghaus, Vice President of Technavio.
The new report by Technavio also emphasizes the increased use of organic trace minerals in poultry layer diets by farmers to aid structural components such as skin and bone, provide essential nutrients for the immune and metabolic functions, and enhance egg production as well as the quality of the eggs.
“The advantages of introducing organic minerals into poultry layer diets are expected to lead to an increase in the use of these minerals by poultry farmers, thus driving the growth of the market,” adds Ghaus.
Technavio currently has more than 3000 market research reports on a huge range of topics, including:
About Technavio
Technavio is a leading global technology research and advisory company.
Founded in 2003, Technavio has about 200 analysts globally and develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries.
Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
If you are interested in more information, please contact our media team at media@technavio.com.
