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

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MarketsandMarkets Presents
Trace Minerals (Chelated) in Feed Market worth
570.8 Million USD by 2022
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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_at_ http//www.marketsandmarkets.com/speaktoa
nalyst.asp?id196308436
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Source MarketsandMarkets Analysis
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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.
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• 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), Bluestar Adisseo (China), Alltech (US),
  Phibro (US), Kemin (US), Zinpro (US), and Novus
  (US).
• Target Audience
• Associations and industry bodies
• Commercial research development (RD)
  institutions
• Chelated feed trace minerals manufacturers and
  suppliers
• Raw material suppliers and distributors
• Traders, distributors, and retailers
• Agricultural institutes, associations, and
  government agencies

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• 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

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