DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Animal Feed Micronutrients Market Analysis By Product (Iron, Manganese, Zinc, Boron, Copper), By Application (Ruminant, Poultry, Swine, Aqua, Equine), By Region, And Segment Forecasts, 2014 - 2025" report to their offering.
The global animal feed micronutrients market is expected to reach USD 2.12 billion by 2025
The demand is expected to grow significantly over the coming years on account of high application scope coupled with increasing utilization in poultry application.
The market is driven by the capability of the product to increase the weight and improve the overall health of the animals. The deficiency of micronutrients can lead to hardening & cracking lesions on pig skin and slow growth, poor feathering, & abnormal skeletal development in poultry. This is likely to have a positive impact on the consumption over the forecast period.
Asia Pacific was the major consumer of the product in 2016 and is expected to witness growth at a CAGR of 7.8% from 2017 to 2025. Factors such as rapid urbanization, growing population, and rising consumer willingness to spend are expected to increase the demand for various kinds of meat including pork and beef, thereby leading to the market growth.
Key Topics Covered:
1. Methodology And Scope
2. Executive Summary
3. Animal Feed Micronutrients Market Variables, Trends & Scope
4. Animal Feed Micronutrients Market: Product Estimates & Trend Analysis
5. Animal Feed Micronutrients Market: Application Estimates & Trend Analysis
6. Animal Feed Micronutrients Market: Regional Estimates & Trend Analysis
7. Competitive Landscape
8. Company Profiles
- Aries Agro Limited
- Cargill Incorporated
- Nutreco N.V.
- Kemin Industries, Inc.
- Archer Daniels Midland Company
- Lallemand Inc.
- Keshav Fertilizers
- Alltech, Inc.
- Novus International, Inc.
- Balchem Inc.
- Zinpro Corporation
- Agrium Advanced Technologies
- Gawrihar Bio-Chem Pvt. Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/sgn5dm/animal_feed