Feed Micronutrients Market Growth projections, Industry Outlook and Forecast by 2025
Category: #business  By Partha Ray  Date: 2019-09-11
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Feed Micronutrients Market Growth projections, Industry Outlook and Forecast by 2025

Global Market Insights, Inc. provides a detailed overview of Feed Micronutrients Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market in conjunction with the geographical landscape, demand spectrum, remuneration scale, and growth graph of this vertical have also been included in this report.

Rapid expansion of the animal feed industry particularly in the developing economies such as China, Japan, Mexico, and Brazil are likely to create new growth opportunities for industry participants. Favorable government regulations and norms particularly by REACH, CFIA, and FDA for preventing the usage of the synthetic additive and lessen the occurrence of micronutrient malnutrition will fuel industry growth over the projected time period.

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Most regional companies therefore, have been focusing on the development of bio products to comply with the regulations. Some of the renowned players in feed micronutrients industry are ADM, Cargill Inc., Balchem Corporation, Novus International, Aries Agro, Zinpro Corporation, Agrium Advanced Technologies, Inc., Gawrihar Bio-Chem Pvt. Ltd., Nutreco N.V, Alltech, Lallemand, and Kemin Industries.

Increasing high-quality meat & dairy products consumption for addressing micronutrient deficiencies and health problems is anticipated to drive the feed micronutrients market. Factors such as enhancing food absorption, weight gain coupled with improving overall animal health will significantly fuel the product demand. In addition, rising concern pertaining to surging expenditure on the animal health maintenance with increasing disease outbreak will provide a strong business outlook for industry expansion.

Companies operating in feed micronutrients market are also investing heavily in new product developments to enhance their product portfolio. One of the major participants, Aries Agro has witnessed a huge growth in its revenue collection between 2016-17, as this company set its hopes on its new product pipeline. Aries Agro plans to launch new products for aqua culture by the end of this year as well, state reports.

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North America is one of the most pivotal geographies in feed micronutrients industry. As per estimates, the region held an appreciable share of over 25% of the market in 2018. The growth undeniably can be credited to the rise in the dairy farms across the continent.

Asia Pacific is anticipated to hold over 30% volume share in the overall feed micronutrients market in 2018. Surging demand for meat-based food products across the major economies such as China, India, and Japan due to the rapid population & economic growth in the region will augment the industry landscape. Besides, shifting consumer trends from traditional carbohydrates diets such as rice to the food products rich in protein & essential micronutrients will further elevate overall business expansion across Asia Pacific.

Middle East and Africa feed micronutrients market will witness a CAGR exceeding 6% over the projected time frame. An upsurge in the micronutrients deficiencies coupled with significant inadequacies among the livestock across the region will boost product demand in the market. Increasing prevalence of non-cultivable lands coupled with growing government-sponsored initiatives to prevent malnutrition and micronutrients deficiencies among the regional population will provide a strong outlook for the business expansion.

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Global feed micronutrients market share is moderately fragmented owing to the presence of major and domestic players. Aries Agro, Cargill, ADM, Nutreco N.V., Balchem Corp., Agrium Advanced Technologies, Alltech, Qualitech, Lallemand, Kemin, Novus International, Zinpro Corporation, and Gawrihar Bio-Chem are among the major industry participants. Key players are anticipated to invest in new product development and launches to gain a competitive advantage and enhancement of the consumer base. Mergers & acquisitions along with product portfolio diversification are the key business strategies adopted by the industry participants.

Partial Report Content:

Chapter 1  Methodology & Scope

1.1    Research methodology

1.1.1    Initial data exploration

1.1.2    Statistical model and forecast

1.1.3    Industry insights and validation

1.1.4    Definitions  & forecast parameters

1.2    Data sources

1.2.1    Secondary

1.2.2    Primary

Chapter 2  Executive Summary

2.1    Feed micronutrients market industry 3600 synopsis, 2013 - 2025

2.1.1    Business trends

2.1.2    Product trends

2.1.3    Livestock trends

2.1.4    Regional trends

Chapter 3  Feed Micronutrients Market Industry Insights

3.1    Industry segmentation

3.2    Industry landscape, 2013- 2025

3.3    Industry ecosystem analysis

3.3.1    Raw material suppliers

3.3.1.1    Challenges for the raw material suppliers

3.3.2    Manufacturers

3.3.3    Distribution channel analysis

3.3.3.1    Direct distribution

3.3.3.2    Online sales channel

3.3.3.3    Resellers

3.3.4    End-Users

3.3.5    Vendor matrix

3.4    Pricing trends, by region

3.4.1    North America

3.4.2    Europe

3.4.3    Asia Pacific

3.4.4    Latin America

3.4.5    MEA

3.4.6    Cost structure analysis

3.5    Regulatory landscape

3.6    Trade statistics

3.7    Industry impact forces

3.8    Growth potential analysis, 2018

3.9    Global meat market overview, 2010-2018

3.9.1    Trends & drivers,2020 outlook

3.9.2    Producer and wholesale price index

3.9.3    By livestock

3.9.4    By distribution channel

3.9.5    Selective national market update

3.9.6    Critical factors affecting long term developments

3.10    Global feed minerals market outlook (Parent market overview)

3.11    Raw material trends

3.12    Innovation & sustainability

3.13    Porter’s analysis

3.14    Company market share analysis, 2018

3.15    PESTEL analysis

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Global Market Insights, Inc.
Phone: 1-302-846-7766
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About Author

Partha Ray    

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

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