Feed Micronutrients Market: Opportunity Analysis and Industry Forecast up to 2031

Global Feed Micronutrients Market: In-Depth Assessment on Key Segments

The global feed micronutrients market is segmented on the basis of product type, livestock and region.

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Global Feed Micronutrients Market – Scope Of The Report

The following report provides forecast and analysis of the global feed micronutrients market along with the historical data of 2013, estimated data 2019 and forecast data up to 2027 in terms of revenue (US$ Mn) and volume (Kilo Tons), according to a Fact.MR study.

The research propounds critical trends that are currently influencing growth within the global feed micronutrients market along with several macro-economic indicators. This newly published and insightful report on feed micronutrients sheds light on key dynamics, and their impact on the overall value chain from suppliers to end-users, which are expected to transform the future of the global feed micronutrients market.

The report also comprises the study of current issues with end users and opportunities for feed micronutrients. It also contains value chain analysis, including the key market participants. To provide users of this report with a comprehensive view of the market, we have included a detailed competitive analysis about the key players involved in the market and strategic overviews.

The dashboard included in the report provides a detailed comparison of feed micronutrients manufacturers on parameters such as total revenue, product offerings, and key strategies. A list of key companies operating in the feed micronutrients market provided in the report adds to the credibility of this exhaustive research study.

Country-specific assessment on demand for feed micronutrients has been provided for each regional market, along with the market size valuation and forecast price point assessment, price index and impact analysis of key regional and country-wise dynamics, which were obtained through quotes from numerous feed micronutrients manufacturers, experts, and suppliers.

Y-o-Y growth projections have also been offered on all regional markets incorporated in the report. Moreover, future trends, growth prospects, and other possibilities related to the market have been answered in the report.

The report provides company-level market share analysis, which has been derived on the basis of the company’s annual sales and segmental revenue in all the target end-use industries. The market has been forecasted based on constant currency rates.

The report provides detailed competitive and company profiles of key participants operating in the global feed micronutrients market. Some of the major competitors operating in the feed micronutrients market are Zinpro Corporation, Tanke Biosciences Corporation, Vamso Biotec Pvt. Ltd., Archer Daniels Midland, Pancosma SA., and others.

Key Takeaways of Feed Micronutrients Market Study

• The snowballing trend for clean label products demanding strict approval by regulatory bodies is further enhancing the product portfolio for feed micronutrients
• During the forecast period, the vitamins segment is projected to grow at a CAGR of over 6.5%. The requirement of vitamins to boost metabolism rate, immunity, and reproductive health is stoking sales of feed micronutrients
• The poultry segment accounted for over 40% share within the global feed micronutrients industry. The rapid expansion of manufacturing facilities for poultry products would increase the product portfolio particularly in European countries such as Germany, the UK, France and Russia
• APAC accounted for over 30% of the total share of the feed micronutrients industry. Upsurge in the consumption of meat and meat related products in developing economies like Indonesia, India, China and Japan are bolstering growth. Moreover, rapid growth in the animal feed industry is also creating a positive business outlook in APAC.

“The growing bioavailability of micronutrients is paving the way for feed micronutrients market to experience prominent gains and create lucrative roadmaps during the forecast period” says the Fact.MR analyst