Animal Feed Organic Trace Minerals Market expected CAGR of 8.9% during the forecast period of 2022-2029.

PUNE, MAHARASHTRA, INDIA, May 26, 2022 /EINPresswire.com/ --  
A latest study released by Data Bridge Market Research on Animal Feed Organic Trace Minerals Market covering key business segments and wide scope geographies to get deep dive analyzed market data. The angles and data of the report utilizing figures, structured presentations, pie graphs, and other visual portrayals. This escalates the Animal Feed Organic Trace Minerals Market pictorial portrayal and furthermore helps in getting the Animal Feed Organic Trace Minerals Market business actualities much better. The Animal Feed Organic Trace Minerals Market advertise is probably going to develop at a noteworthy CAGR.

 Global Animal Feed Organic Trace Minerals Market was valued at USD 686.65 million in 2021 and is expected to reach USD 1358.18 million by 2029, registering a CAGR of 8.9% during the forecast period of 2022-2029. The "zinc" accounts for the largest product segment in the animal feed organic trace minerals market within the forecasted period owing to the growing demand for animal feed as it enhances the immunity and metabolism of animals. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behavior.

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Organic trace minerals are basically used in small quantity to improve the quality of food/ feed. Trace minerals have an important function in animal health. The inclusion of trace minerals in the meal enhances the rate of absorption. Organic trace minerals are preferred over inorganic trace minerals because of their health benefits and impact on feed flavor.

According to the Food and Agriculture Organization (FAO), demand for food goods would increase by 60% by 2050, while demand for animal protein will increase by 1.7 percent every year. It is also expected that meat, aquaculture, and dairy product output will expand. These countries' demand for chicken and red meat has been increasing, contributing to the market's expansion. This has further prompted the market's development, which positively affects the market's growth.

The optimal wellbeing, immunity and skeletal development are estimated to generate lucrative opportunities for the market, which will further expand the animal feed organic trace minerals market's growth rate in the future. Additionally, the rising popularity of water-soluble natural feed-added substances and shift in food consumption patterns towards proteins from animal sources are projected to offer numerous growth opportunities within the market.

Market Scope and Animal Feed Organic Trace Minerals

Some of the major players operating in the animal feed organic trace minerals market are

Cargill, Incorporated (U.S.)

ADM (U.S.)

BASF SE (Germany)

Bluestar Adisseo Co., Ltd (China)

DSM (Netherlands)

Nutreco (Netherlands)

Alltech (U.S.)

Zinpro Corp (U.S.)

Orffa (Netherlands)

Novus International (U.S.)

Kemin Industries, Inc. (U.S.)

Lallemand, Inc. (Canada)

Virbac (France)

Global Nutrition International (U.S.)

Dr. Paul Lohmann Gmbh & Co. KGAA (Germany)

Biochem Zusatzstoffe Handels (Germany)

Merck & Co., Inc. (U.S.)

Chemlock Nutrition (U.S.)

Biorigin (Brazil)

Tanke (China)

JH Biotech, Inc. (U.S.)

QualiTech (U.S.)

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 In September 2020,  Framelco Group (Netherlands), a feed additive manufacturer, was acquired by Bluestar Adisseo Company. The company focuses on contributing to the expansion of the speciality product segment through this strategy, aiming to become one of the industry leaders in the specialty feed ingredients market for animal nutrition.

In July 2020, Kemin Industries unveiled architectural designs for a new quality control laboratory (QC lab) erected on-site at its Des Moines, Iowa, headquarters (US). Kemin's superior analytical capabilities ensure potential production activity and product specificity.

The animal feed organic trace minerals market is segmented on the basis of product and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

Zinc
Iron
Copper
Selenium
Others

Application

Dairy Cattle
Poultry
Horses
Pigs
Others

Our Report offers:- 

What will the market growth rate, Overview and Analysis by Type of Global Animal Feed Organic Trace Minerals Market in 2029?
What are the key factors driving, Analysis by Applications and Countries Global Animal Feed Organic Trace Minerals Market Market?
What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Animal Feed Organic Trace Minerals Market?
Who are Opportunities, Risk and Driving Force of Global Animal Feed Organic Trace Minerals Market?
Who are the opportunities and threats faced by the vendors in Global Animal Feed Organic Trace Minerals Market? Business Overview by Type, Applications, Gross Margin and Market Share
What are the Global Market opportunities, market risk and market overview of the Nasal Drug Delivery Technology Animal Feed Organic Trace Minerals Market?

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Key Points of this Report:

The depth industry chain include analysis value chain analysis, porter five forces model analysis and cost structure analysis

The report covers North America and country-wise market of Animal Feed Organic Trace Minerals

It describes present situation, historical background and future forecast

Comprehensive data showing Animal Feed Organic Trace Minerals capacities, production, consumption, trade statistics, and prices in the recent years are provided

The report indicates a wealth of information on Animal Feed Organic Trace Minerals manufacturer

Animal Feed Organic Trace Minerals market forecast for next five years, including market volumes and prices is also provided

Raw Material Supply and Downstream Consumer Information is also included

Any other user’s requirements which is feasible for us

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