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Feed Micronutrients Market to witness growth of $ 2 Bn By 2024: Global.

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Presentation on theme: "Feed Micronutrients Market to witness growth of $ 2 Bn By 2024: Global."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Feed Micronutrients Market to witness growth of $ 2 Bn By 2024: Global Market Insights Inc.

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Feed Micronutrients Market size is estimated to exceed USD 2 billion by 2024.  Shifting preference towards high quality meat and dairy products will drive the feed micronutrients market growth. Weight gain, enhancing food absorption along with improving overall animal health are among key factors fueling product demand.  Changing consumer diet towards more nutritious food will drive meat demand hence completely impacting feed micronutrients market. Increasing spending on animal health maintenance owing to rising disease outbreak among livestock has positively influenced product demand.  Zinc will generate over USD 350 million in revenue by 2024. Improving immunity, stabilizing membranes, enhancing antioxidant enzyme and maintaining lymphocyte replication are the key properties driving the product demand. Lower level of awareness in the emerging economies of Asia Pacific, Middle East & Africa, and Latin America may be a key hindrance for the soluble fibers market development. Key Insights from Feed Micronutrients Market

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Supportive government compliances on bio-based products will drive the industry growth. High R&D investment and product development by key manufacturers will enhance product penetration.  Poultry was worth over USD 540 million in 2016. Increasing demand for processed food coupled with egg consumption will propel the 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...

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com U.S. Feed Micronutrients Market Size, By Product, 2016 & 2024 (USD Million)

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report On Broth Market @ http://bit.ly/2HCXSbD http://bit.ly/2HCXSbD Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/1921 https://www.gminsights.com https://www.gminsights.com/request- sample/detail/49

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