© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Feed Micronutrients Market to cross $2bn by 2024: Global Market Insights Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Poultry was worth over USD 540 million in Increasing demand for processed food coupled with egg consumption will propel the industry growth.  Ruminants will generate over USD 500 million in revenue by Rising milk consumption globally will facilitate industry growth. For instance, annual milk consumption in developing countries was around 55 kg per capita in 2016 and expected to reach 66 kg by  North America feed micronutrients market was valued over USD 365 million in 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. Key Insights from Feed Micronutrients Market :

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Asia Pacific, led by China feed micronutrients demand was over 80 kilotons in 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 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. Continued...

© 2016 Global Market Insights, Inc. USA. All Rights Reserved U.S. Feed Micronutrients Market Size, By Product, 2016 & 2024 (USD Million)

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© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Application Trends Increasing awareness among consumers pertaining to side effects from chemically processed foods will support the demand. Adverse effects of fodder on animal’s health due to lack of certain vital nutrients, makes the product a crucial supplement in livestock’s everyday meal. Rising demand for nutrient rich meat & dairy products for providing healthy diet to consumers is further fueling industry growth. Regional Trends APAC, led by India and China feed micronutrient market was at over 83 kilotons in Surge in demand for nutritious food particularly in geriatric population for increasing life expectancy level will benefit product demand. Rising meat consumption particularly in India, China and rest of the world, favorable socio-economic factors are the factors positively influencing the industry demand. As per recent statistics, an average Japanese person consumes around 50 kg of meat every year. Competitive Market Share Companies are adopting strategies including, collaboration, partnership and new product launch for providing an opportunity to increase product penetration. Expansion of supply chain network across North America and APAC to increase geographical presence will influence industry share. 360° Analysis

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