SAN FRANCISCO, June 25, 2015 /PRNewswire/ --
The global animal feed organic trace minerals market is expected to reach USD 624.6 Million by 2020, according to a new study by Grand View Research, Inc. Higher bioavailability or organic trace minerals in animals as compared to inorganic counterparts is expected to be a key driver for the market over the next six years. In addition, growing regulatory concerns regarding the hazardous effects of unabsorbed inorganic minerals is expected to further augment the demand for organic counterparts. Furthermore, inorganic trace minerals also affect the health of animals which has resulted in substitution by organic minerals in animal feed.
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Browse full research report with TOC on "Animal Feed Organic Trace Minerals Market Analysis By Product (Zinc, Iron, Manganese, Copper) And Segment Forecasts To 2020" at:http://www.grandviewresearch.com/industry-analysis/animal-feed-organic-trace-minerals-industry
Increasing consumption of animal protein and dairy has resulted in increased demand for organic trace minerals as they are associated with improving animal nutrition and preventing/controlling diseases. However, stringent regulatory scenario, particularly through FDA and REACH has emerged as a key issue for market participants. In addition, R&D costs associated with developing organic minerals are higher as compared to their inorganic counterparts which lead to pricing issues. This is expected to adversely impact the development of the market over the forecast period.
Further key findings from the study suggest:
Browse more reports of this category by Grand View Research:http://www.grandviewresearch.com/industry/food-and-beverages
For the purpose of this study, Grand View Research has segmented the Animal Feed Organic Trace Minerals Market on the basis of product and region:
Browse related reports by Grand View Research:
http://www.grandviewresearch.com/industry-analysis/food-emulsifiers-market
http://www.grandviewresearch.com/industry-analysis/yeast-ingredient-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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