The unprecedented COVID-19 pandemic has affected the global economy to a great extent. Considering the food industry, one of the most important sectors of the economy, a tremendous impact has been witnessed on the entire process from the field to the consumer. The restrictions in the movement of workers, closure of food production facilities, and changes in consumer demand have put excessive pressure on the food industry.
The report offers actionable and valuable market insights of Feed Micronutrients. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Feed Micronutrients Market across various industries and regions.
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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Feed Micronutrients market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Feed Micronutrients
This newly published and insightful report sheds light on Market Insights of Feed Micronutrients, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Feed Micronutrients Market.
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.
Product Type |
- Minerals
- Vitamins
- Carotenoids
- Others (Fatty Acids, Essential Nutrients)
|
Livestock |
- Poultry
- Aquaculture
- Swine
- Equine
- Others
|
Region |
- North America
- Latin America
- Europe
- APAC
- MEA
|
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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
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More Valuable Insights on Feed Micronutrients Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Feed Micronutrients, Sales and Demand of Feed Micronutrients, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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