Animal Feed Organic Trace Minerals Market is Projected to Grow at a CAGR of 8.9%

Report Description

According to the Food and Agriculture Organization (FAO), demand for food goods would increase by 60% by 2050, while demand for animal protein will increase by 1.7 percent every year. It is also expected that meat, aquaculture, and dairy product output will expand. These countries' demand for chicken and red meat has been increasing, contributing to the market's expansion. This has further prompted the market's development, which positively affects the market's growth.

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Major Key Players

Some of the major players operating in this market are :

BASF SE (Germany)

Bluestar Adisseo Co., Ltd (China)

DSM (Netherlands)

Nutreco (Netherlands)

Alltech (U.S.)

Zinpro Corp (U.S.)

Orffa (Netherlands)

Lallemand, Inc. (Canada)

Virbac (France)

• By Product (Zinc, Iron, Copper, Selenium, Others)

• By Application (Dairy Cattle, Poultry, Horses, Pigs, Others)

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