DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/qtg3n8/global_organic) has announced the addition of the "Global Organic Trace Minerals for Animal Feed Market 2014-2018" report to their offering.
The analysts forecast the Global Organic Trace Minerals for Animal Feed market to grow at a CAGR of 7.58 percent 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. The Global Organic Trace Minerals for Animal Feed market has also been witnessing the increasing usage in poultry layer diets. However, the higher R&D costs than inorganic trace minerals could pose a challenge to the growth of this market.
Key vendors dominating this space include Alltech Inc., Balchem Corp., Kemin Industries Inc., Novus International Inc., Pancosma S.A., and Zinpro Corp.
Other vendors mentioned in the report are Albion Laboratories Inc., Aliphos, Global Animal Products Inc., Norel S.A., Phibro Animal Health Corp., Premex Inc., Priya Chemicals, QualiTech Corp., Suboneyo Chemicals Pharmaceuticals Ltd., Tank Biosciences Corp., Vamso Biotec Pvt. Ltd., Vetco (India) Pvt Ltd., and Wuhan Pharma Chemical Co. Ltd.
Commenting on the report, an analyst from the team said: The Global Organic Trace Minerals for Animal Feed market is witnessing increasing usage of organic trace minerals in poultry layer diets to aid enhanced egg production as well as the quality of the eggs produced. There are several products in the market, which are used in poultry layer diets. For example, SQM (a polysaccharide complex) offered by QualiTech, is used to increase egg quality in terms of parameters such as the thickness, strength, and weight of the eggshell. Therefore, the advantages of introducing organic minerals into poultry layer diets are expected to lead to an increase in the use of these minerals by poultry farmers, thus driving the growth of the market.
According to the report, one of the most important ones being the increasing demand for animal protein in the form of products such as meat, eggs, and milk. This demand is particularly high in developing countries such as Brazil, China, and India.
For more information visit http://www.researchandmarkets.com/research/qtg3n8/global_organic
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