Animal Feed Micronutrients Market

Development of novel and super-performing products and the rapidly advancing technology is expected to enable the animal micronutrients market to cash in on the vast untapped potential.

Micronutrients are required in animal diets for health and well-being, and therefore they are essential for the agricultural production of milk, meat, fiber, and eggs. Deficiencies of micronutrients, particularly in their sub-clinical form where they are not visually apparent, can result in major reductions in productivity. The animal micronutrients market is set to be driven by the rise in demand for animal protein and nutrition.

The Asia-Pacific region and North America together contributedover59% of the market share in 2013in the global animal feed micronutrients market. The animal feed micronutrients market has consistently increased over the years, and this trend is expected to continue in the near future, especially in the poultry sector, due to an increase in the disposable income of the middle-class population.Countries like China, Japan, India, and Brazil have tremendous scope for growth in the animal micronutrients market. Development of novel and super-performing products and the rapidly advancing technology is expected to enable the animal micronutrients market to cash in on the vast untapped potential.

Zinc by type and poultry by livestock,contributed the major chunk in the animal micronutrients industry in 2013. Poultry meat is the largest, easiest form of abundant and affordable animal protein.It is also universally consumed and, unlike beef and pork, is devoid of any religious bindings. Rapid growth in poultry meat production is expected to increase the demand for feed micronutrients in this segment.

Zincit helps with energy production, protein synthesis, stabilization of membranes against bacterial endotoxins, antioxidant enzyme production, and maintenance of lymphocyte replication and antibody production.This is essential for the immune system, which makes zinc the market leader, by type, in animal feed micronutrients.

Related Reports:

Animal Feed Micronutrients Market by Type (Zinc, Iron, Manganese, and Copper), by Livestock (Ruminant, Poultry, Aqua, Swine, and Equine) & by Geography - Global Trends & Forecasts to 2019

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Report Code
AGI 2495
Published ON
May, 2014
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