Strong Growth Forecast for Organic Minerals in Animal Feed

28 February 2014, at 4:04am

GLOBAL - The global market for organic trace minerals in animal feed is set to grow by 7.6 per cent annually for the period 2013 to 2018, according to a new market report.

TechNavio's analysts forecast the Global Organic Trace Minerals for Animal Feed market to grow at a CAGR of 7.58 per cent over the period 2013-2018.

One of the key factors contributing to this market growth is the higher bioavailability of organic trace minerals than inorganic counterparts.

This market has also been witnessing the increasing usage in layer diets. However, the higher R&D costs than inorganic trace minerals could pose a challenge to the growth of this market.

TechNavio's report, 'Global Organic Trace Minerals for Animal Feed Market 2014-2018', has been prepared based on an in-depth market analysis with inputs from industry experts.

The report covers APAC, Europe, North America, and ROW; it also covers the Global Organic Trace Minerals for Animal Feed market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

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