U.S. Feed Micronutrients Market Size, By Product, 2016 & 2024
(USD Million)
Browse key industry insights spread across 250 pages with 206 market data tables &
10 figures & charts from the report Feed Micronutrients Market in detail along with
the table of contents:
https://www.gminsights.com/industry-analysis/feed-micronutrients-market
North America feed micronutrients market was valued over USD 365 million in 2016.
Rising demand for nutrient rich meat to ensure healthy diet are the key factors
positively influencing the product demand. Strong outlook for vitamins, ferments and
emulsifiers in this region due to presence of livestock breeding centers will support
the business growth.
Asia Pacific, led by China feed micronutrients demand was over 80 kilotons in 2016.
Increasing health awareness along with rising consumption of milk, curd, cheese &
yogurt are the key factors driving growth.
Europe market will value over USD 585 million by 2024. Favorable government
regulations pertaining to bio products will drive the product demand. Fodder industry
expansion along with growth in livestock farming & breeding activities is expected to
stimulate industry growth.
Global feed micronutrients market share is moderately fragmented due to presence
of multinational as well as domestic manufacturers. Cargill, Aries Agro, Nutreco N.V.,
ADM, Agrium Advanced Technologies, Balchem Corp., Qualitech, Alltech, Kemin,
Lallemand, Gawrihar Bio-Chem, Novus International and Zinpro Corporation are
among the key industry players.
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