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The Animal Feed Micronutrients Market Is Observed to Be Developing at a Significant Pace, Because of the Rising Populace

 



(Food-Beverage-News.Com, March 19, 2018 ) The report "Animal Feed Micronutrients Market by Type (Zinc, Iron, Manganese, Copper, others), by Livestock (Ruminant, Poultry, Aqua, Swine, Equine, and Others)- Forecast to 2021", The Animal Feed Micronutrients market is expected to reach USD 1.66 Billion by 2021 from an estimated USD 1.236 Billion in 2016, at a CAGR of 6.1%. The key factors such as rising interest of owning pet animals, growing expenses on animal wellbeing and wellness combined with success of animal feed micronutrients in development and fertility of the animals, are driving the growth of the global market.



Browse through 185 Pages and in-depth TOC on "Animal Feed Micronutrients Market "

https://marketdataforecast.com/market-reports/global-animal-feed-micronutrients-market-1906/

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By type, the zinc segment accounted for the largest share of the market in 2016

On the basis of type, the Animal Feed Micronutrients market has been segmented into Zinc, Iron, Manganese, Copper, and Others. Zinc accounts for the major market share in 2016 owing to its importance as a micronutrient.



Customize Report: https://marketdataforecast.com/market-reports/global-animal-feed-micronutrients-market-1906/customize-report



Based on use of Animal Feed Micronutrients by different livestock, Market is segmented into Ruminant, Poultry, Aqua, Swine, Equine and others. The poultry segment accounted for the major market share due to higher use of micronutrients in this segment as the number of livestock are way larger when compared to other segments.



Inquire: https://marketdataforecast.com/market-reports/global-animal-feed-micronutrients-market-1906/request-sample



Asia Pacific accounted for the largest share of the Animal Feed Micronutrients market in 2016, followed by North America and Europe. The large share of the Animal Feed Micronutrients market in Asia Pacific can be attributed to the rising awareness, economics growth and adaptation of the application of micronutrients. North America holds the second major market for Animal Feed Micronutrients.



The various players in the Animal Feed Micronutrients market include Archer Daniels Midland Company (ADM), Balchem Corp., Lallemand Inc, Alltech Inc., Cargill Inc., Novus International Inc., Kemin Industries Inc., Zinpro Corporation, Nutreco N.V. and Qualitech Inc.



About MarketDataForecast™

Market Data Forecast is a market research firm offering syndicated research, consults and industry newsletters across various domains & verticals. With a well-established in-house team of experts from diverse fields and outsource research network across 100+ countries, we are the sole research providers for the majority of Fortune 500 companies. Along with the standards of reports being on par excellence, our unique services like free customization, analyst support for the period of six months post to the purchase will be the flag bearers and differentiates us from the rest. Our experience and in-depth understanding of various business environments will be a support to you and your organization in making well-informed decisions.





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