Sunday, 24 January 2016

Global Animal Feed Organic Trace Minerals Market Size, Share, Analysis, Growth and Forecast to 2022 : Acute Market Reports

Animal Feed Organic Trace Minerals Market Overview:
Organic trace minerals are the minerals used in minimal quantities. They are produced when inorganic minerals are connected to organic molecules like amino acids and polysaccharides. The organic molecules are known as chelates and they avoid organic trace minerals from working together with feed parts as well as other minerals of body stem of the animals, thereby enhancing the degree of bioavailability of organic trace minerals. In spite of the reality that the organic trace minerals are added to the animal feed in tiny quantities, they play a significant part in retaining animal health. Today, there is a growing trend among the population towards utilization of organic trace minerals as compared to utilization of their inorganic equivalents.
The key kinds of organic trace minerals include manganese, copper, cobalt, iron, zinc and selenium. Iron and Zinc are the highly used organic trace minerals due to their variable characteristics in the system of animal body. They combined contribute for more than half of the total revenue. Amino acid was the selected chelate for animal feed in comparison to proteinates and polysaccharide owing to high bioavailability. High amount of bioavailability of trace chemicals as compared to their inorganic replacements is predicted to be the main aspect stimulating the growth and expansion of the global animal feed organic trace minerals market. Further, the rising demand for animal as a protein source in nations like India and Brazil is projected to further enhance the growth of the global animal feed organic trace minerals market.
The universal animal feed organic trace minerals market was evaluated at 373 million USD in year 2012 and is predicted to develop at CAGR rate of about 6.5% during the forecasted period of year 2013 to year 2022. APAC region is predicted to observe a significant market growth owing to enhanced production of meat in nations like India and China.
Animal Feed Organic Trace Minerals Market By Product:
Main product sections encompassed in the market report includes Manganese, Zinc, Copper and Iron. The other sections like cobalt, chromium and selenium are also the key sections of the market report. Zinc was the most leading item for animal feed with the predicted revenues of more than 179.6 million USD in year 2012. It is extremely necessary for immunity and health enhancement of the animal. Zinc which is available in many forms of animal feed is insufficient to fulfill the needs of the specific main species. It is also predicted to observe rapid growth and expansion during the estimated period.
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Iron was the second biggest consumed organic trace mineral contributing to about 16.6% of the total market revenue in year 2012. It is necessary for metabolism of ruminants as it is main carrier of oxygen in the internal system of the human body.
There is growing deficiency of iron in ruminants and poultry across the key regions of Asia Pacific zone. This has resulted to increase in demand for organic trace minerals since last few years. The other consumed organic trace minerals were copper and manganese. These minerals are used in livestock/cattle feed to enhance the animal immunity. There is heavy demand for these organic trace minerals in regions of South America, Europe and some areas of APAC region due to rise in the proportion of diseases outbreak.
Animal Feed Organic Trace Minerals Market By Region:
The sub continent of North America was the biggest animal feed organic trace minerals market contributing nearly about 37.6% of the total market revenue in year 2012. But this region is projected to lose the market revenue share owing to rapidly increasing demand for the organic trace minerals in APAC region. The continent of Europe was the second biggest animal feed organic trace minerals market in year 2012 and was evaluated at 133 million during that year.
The continent of Europe is the second biggest meat producer of the world after China. The output of meat is predicted to grow in future, specifically in eastern parts of Europe. Most of the relevant market sectors recognized as attractive business avenues in Europe feed additive industry include enzymes, carotenoids, vitamins and organic trace minerals.
Competitive Landscape:
The firm Royal DSM was the biggest organic trace minerals producer of the world and it further strengthened its market position by acquiring firm named as Trotuga which was a animal nutrition firm based and located in Brazil.
Key market players involved in the business of animal feed organic trace minerals and profiled in this market report includes Nutreco NV, Archer Daniels Midland Incorporation, Bio Multimin Incorporation, Vamso Biotec Private Limited, Pancosma SA, Novus International Incorporation, Kemin Industries Limited, QualiTech Incorporation, Royal DSM NV, Alltech Incorporation, Biochem Lohne Germany, Zinpro Corporation, Cargill Incorporation, Mercer Milling company incorporation, ADM, Ridley Incorporation, Tanke Biosciences Corporation and Vetco (India) Private Limited.
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