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Trace Minerals (Chelated) in Feed Market worth 570.8 Million USD by 2022

Chelated trace minerals play an important role in the growth and performance of the animals. Chelated trace minerals are required in small quantities but have a significant impact on the performance of the livestock.

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Trace Minerals (Chelated) in Feed Market worth 570.8 Million USD by 2022

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  1. MarketsandMarkets Presents Trace Minerals (Chelated) in Feed Market worth 570.8 Million USD by 2022

  2. The report "Trace Minerals (Chelated) in Feed Market by Type (Zinc, Iron, Manganese, Cobalt, Chromium, Copper), Livestock (Ruminants, Swine, Poultry, Aquaculture), Form (Dry, Liquid), Chelate Type, and Region - Global Forecast to 2022", The market for trace minerals (chelated) in feed, in terms of value is estimated at USD 431.2 Million in 2017 and is projected to reach USD 570.8 Million by 2022, at a CAGR of 5.8 % from 2017. • Browse: • 125 Market Data Tables  • 50 Figures • 193 Pages and in-depth TOC on "Trace Minerals (Chelated) in Feed Market ” • You can speak to our analyst@ • http://www.marketsandmarkets.com/speaktoanalyst.asp?id=196308436

  3. Source: MarketsandMarkets Analysis

  4. The chelated feed trace minerals market was valued at USD 408.3 Million in 2016 and is projected to reach USD 570.8 Million by 2022, growing at a CAGR of 5.8 % from 2017, in terms of value. In terms of volume, the market is projected to reach 128.0 KT by 2022. The objectives of this study are to define, segment, and project the size of the chelated feed trace minerals based on type, livestock, chelate type, form, and key regions. Chelated trace minerals play an important role in the growth and performance of the animals. Chelated trace minerals are required in small quantities but have a significant impact on the performance of the livestock. This increasing awareness about the benefits of chelated trace minerals among growers increases their usage in animal nutrition, particularly in the developed countries. The shift in dietary preferences towards a protein-rich diet, owing to health awareness and a rise in income levels among the population, drive the consumption of meat and other animal-based products. This has resulted in an increased demand for animal-based products, subsequently driving the production of livestock, which in turn, is fed using novel methods and products, ensuring an optimum nutrition level and feed conversion ratio. These factors are expected to boost the demand for chelated feed trace minerals.Increasing awareness about the precision nutrition techniques and the growth of the organized livestock sector in developing countries are other factors driving the growth of this market. On the basis of type, the zinc segment is projected to be the fastest-growing during the forecast period. The poultry segment is estimated to dominate the chelated feed trace minerals market on the basis of livestock through the forecast period. By form, the dry segment dominated the market in 2016. On the basis of chelate type, the amino acids segment accounted for the largest share of the chelated feed trace minerals market in 2016.

  5. The European region dominated the chelated feed trace minerals market and is projected to grow at a significant rate from 2017 to 2022, both in terms of value and volume. The UK is projected to be the fastest-growing market in the region. The UK is one of the most advanced and highly regulated feed markets in the European region. It follows many regulations established by the EU and other domestic regulatory agencies such as the Food Standards Agency and Agricultural Industries Confederation. The UK has around 200,000 animal feed industries, which are involved in importing, manufacturing, handling, storing, and distributing animal feed. There has been an increasing demand for meat and dairy products in the country. The consumers demand better quality animal products and milk. This requires superior feeding practices to the livestock to improve the quality of the animal products. Such factors have encouraged manufacturers to produce more nutritious animal feed products, which in turn drive the demand for chelated trace minerals in animal nutrition. Fluctuating raw material prices in the recent past is a major factor restraining the growth of this market. • The various contributors involved in the value chain of chelated feed trace minerals include manufacturers, suppliers, distributors, intermediaries, and customers, and agricultural product manufacturers such as Cargill (US), ADM (US), BASF (Germany), DSM (Netherlands), Nutreco (Netherlands), DLG Group (Denmark), InVivo (France), BluestarAdisseo (China), Alltech (US), Phibro (US), Kemin (US), Zinpro (US), and Novus (US). • Target Audience: • Associations and industry bodies • Commercial research & development (R&D) institutions • Chelated feed trace minerals manufacturers and suppliers • Raw material suppliers and distributors • Traders, distributors, and retailers • Agricultural institutes, associations, and government agencies

  6. Scope of the Report: • The trace minerals (chelated) in feed market is segmented as follows: • On the basis of Type • Zinc • Iron • Cobalt • Chromium • Copper • Others (Selenium and iodine) • On the basis of Mode of Livestock • Ruminants • Calf • Dairy • Beef • Others (Sheep and goats) • On the basis of Chelate Type • Amino acids • Proteinates • Polysaccharide complexes • Others (Propionates and peptides)

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