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Category: Business and Industry
Date Submitted: 08/27/2015 02:53 AM
Hexa Research Inc.
Industry Research,Custom Research & Consulting
Animal Feed Organic Trace Mineral Market Analysis,
Market Size, Application Analysis, Regional Outlook,
Competitive Strategies And Forecasts, 2014 To 2020
Industry Insights
Animal feed organic trace minerals market is expected to witness growth due to higher
bioavailability in comparison to inorganic trace minerals. Market revenue could be in excess of
USD 600 million by 2020 due to its benefits in enhancing animal health and productivity.
Animal, as a protein source is anticipated to drive market for animal meat around the world,
which in turn will increase the demand for organic trace mineral market. Strict rules & regulation
imposed by FDA and REACH have been a major restraint for the market.
High R&D cost associated with developing organic minerals in comparison to their inorganic
counterparts is also expected to hamper market growth. These factors are expected to reduce
animal feed organic trace minerals demand.
Browse Detail Report With TOC @ http://www.hexaresearch.com/research-report/animalfeed-organic-trace-minerals-industry/
Hexa Research Inc.
Industry Research,Custom Research & Consulting
Product Insights
Product segments included in report are zinc, manganese, copper, iron and other segments which
include chromium, cobalt and selenium. In 2012, Zinc dominated the market, with revenue
expected at over $180 million. Zinc would witness highest growth in terms of revenue at a
CAGR of over 5.5% from 2014 to 2020. Zinc plays critical role in maintaining immunity and
health of animal, as the amount of zinc generally available in majority of animal feed is
insufficient to overcome the nutritional requirement of most animals.
Iron is an important organic mineral which improves metabolism and digestive health of animals,
being a primary oxygen carrier in animal body. With a better state of health, the lactation period
of cattle increases, resulting in higher...