Persistence Market Research is released upcoming report on title "Animal Feed Micronutrients Market: Global Industry Analysis and Forecast to 2020".
New York, NY -- (SBWIRE) -- 02/20/2015 -- Animal feed micronutrients are important animal feed additives use widely for improving the quality of feed to enhance yield and overall cattle's health. Animal feed micronutrients are gaining popularities mainly due to the enhance performance and increasing applications such as growth promoter, prevention and cure of diseases, for maximizing reproduction rate and for improving feed digestibility in animals.
Buy Full Report: http://www.persistencemarketresearch.com/market-research/animal-feed-micronutrients-market.asp
On the basis of various product types of micronutrients, the global animal feed micronutrients market is broadly categorized in four major classes namely, iron, copper, manganese, and others. Based on the use of feed micronutrients by various livestock, the market can be segmented as poultry, aqua, swine, equine and others.
Growing inspiration of owning pet animals, rising expenses on animal health and fitness coupled with success of animal feed micronutrients in growth and fertility of the animals are some of the major driver of the animal micronutrients market. Moreover, the increasing demand of animal protein from milk and meat producing cattle coupled with recent disease epidemic in cattle is further driving the animal feed micronutrients market.
The critical dosage application of animal feed micronutrients and lack of awareness about the benefits of micronutrients among uneducated and poor farmers are some of the major challenges for animal feed micronutrients industry.
Asia Pacific is the largest market for animal feed micronutrients attributed to the large share of cattle population in this region. It is followed by North America and Europe. The U.S. is the largest market in North America whereas Brazil and Argentina are two of the biggest markets of animal feed micronutrients in rest of the world (RoW) region. Asia Pacific and North America collectively account for more than 60% of the total market share of animal feed micronutrients market. Asia Pacific is also the fastest growing region fueled mainly by the increasing demand from China and India. The rising dairy and dairy product market in this region is expected to boost the animal feed micronutrients market in upcoming years.
Some of the major companies operating in global animal feed micronutrients market includes Cargill Inc., Archer Daniels Midland Company (ADM), Lallemand Inc, Novus International Inc., Balchem Corp., Nutreco N.V., Kemin Industries Inc., Alltech Inc., Qualitech Inc., and Zinpro Corporation.
Request Full Toc: http://www.persistencemarketresearch.com/toc/3306
Key points covered in the report:
1) Report segments the market on the basis of types, application, products, technology, etc (as applicable)
2) The report covers geographic segmentation
3) The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020
4) The report provides company profiles of some of the leading companies operating in the market
The report also provides porters five forces analysis of the market.
Visit our blog at: http://pmrblog.com/
About Persistence Market Research
Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.
PMR stands committed to bringing more accuracy and speed to clients' business decisions. From ready-to-purchase market research reports to customized research solutions, PMR's engagement models are highly flexible without compromising on its deep-seated research values.