Global animal feed organic trace minerals market is driven by increasing demand for quality animal feed across the globe

The global animal feed organic trace minerals market revenue is expected to expand at a lucrative CAGR over the forecast period. Growing awareness regarding the benefits related to trace mineral in feed, such as storage of oxygen in tissues & muscles of animals along with transportation of oxygen in the blood, is expected to propel market growth.

The global animal feed organic trace minerals market report has been segmented on the basis of product type, application, and region.

On the basis of product type, the global animal feed organic trace minerals market has been segmented into zinc, copper, iron, selenium, and others (cobalt and manganese). Iron is expected to be fastest growing product type segment in the global animal feed organic trace minerals market.

On the basis of livestock, the global animal feed organic trace minerals market has been segmented into ruminant, pork, poultry, and aquaculture. Poultry livestock segment expected to account major revenue share in the global animal feed organic trace minerals market. In 2016, poultry was the most consumed meat in the world. Growing demand for eggs, turkeys, and boilers is anticipated to drive market growth over the forecast period.

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On the basis of region, the global animal feed organic trace minerals market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe is estimated to account for major revenue share in the global animal feed organic trace minerals market. Favorable climatic conditions in the region is expected to grow in the poultry and pork sectors, which in turn is expected to boost the demand for organic trace minerals.

Key players operating in the global animal feed organic trace minerals market include Archer Daniels Midland Company, Tanke International Group, Mercer Milling Co., Inc., Royal DSM N.V., Novus International, Inc., Kemin Industries, Inc., Nutreco N.V., Vamso Biotec Pvt. Ltd., Zinpro Corp., and Pancosma S.A.

About the Author

Michelle Boyd
Michelle does an outstanding job, related to the Health and Medicine background. Having experience of more than 8years, have been working before with other companies related to the same field, been an expert in resolving whatever queries are being approached by the team. She likes to enjoy each and every moment of life.

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