DUBLIN, Mar. 14, 2014 /PRNewswire/ --Research and Markets (http://www.researchandmarkets.com/research/35cltq/feed_phosphate) has announced the addition of the "Feed Phosphate Market - Global Trends & Forecasts to 2018" report to their offering.
Feed phosphate is an important ingredient that is combined with basic feed mix to provide essential nutrition to animals and improve their overall growth. These help in improving the rate of weight gain, prevent deficiencies of calcium, enhancing the functioning of immune and nervous systems, and improve feed digestion. A variety of feed phosphates are available that are used in different quantities and concentrations depending upon the type of animal. The type of feed phosphate which is mostly used in feed grade of animals is dicalcium phosphate.
Asia-Pacific and North America are the top two consumers of feed phosphates in the world. Growth is particularly high in emerging countries such as China, India, and Brazil, because of industrialization and rising meat consumption. U.S. is the largest market in North America.
The market of feed phosphate by type was worth $4,620.3 million in 2012 and is expected to be $5,328.3 million in 2018, growing at a CAGR% of 2.9 from 2013. The animal feed phosphate market is growing steadily due to increase in meat product consumption. The demand driving factors are increasing mass production of meat, industrialization in meat production, and increasing demand for nutrition-rich meat products. The restraining factor is the rising cost of raw materials and scarcity of phosphorite. However, adapting new technology for the manufacture of feed grade helps in cost reduction.
Key participants in the global animal feed phosphate market are: The Mosaic Company (U.S.), EcoPhos S.A (Belgium), PhosAgro (Russia), EuroChem (Russia), and J.R Simplot Company (U.S.), etc. The global feed phosphate market is witnessing rapid developments in the areas of product innovation and new technologies, with a focus on increasing efficiency in livestock production. Leading companies are focusingon expansion of the businesses across regions and setting up new plants for increasing production capacity as well as improving their product line. Most of theinvestments are done by Russian companies in the Asia-Pacific region to set up new production units in order to cater to the rising demand in the region.
Key Topics Covered:
2 Executive Summary
3 Premium Insights
4 Market Overview
5 Feed Phosphate Market, By Type
6 Feed Phosphate Market, By Livestock
7 Feed Phosphate Market, By Geography
8 Competitive Landscape
9 Company Profiles
- Ecophos S.A
- J.R Simplot Company
- Ocp Group
- Potash Corporation Of Saskatchewan Inc.
- Sichuan Lomon Corporation
- The Mosaic Company
- Timab Industries
- Yara International Asa
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SOURCE Research and Markets