Global Organic Trace Minerals for Animal Feeds Market 2017-2021
About Organic Trace Minerals for Animal Feeds
Trace minerals play a vital role in numerous metabolic activities in animals. There are two sources of trace minerals: inorganic and organic. Inorganic sources include the common sulfates, chlorides, oxides, and carbonates of the element, which have variations in terms of bioavailability. The other class, organic source, primarily includes chelates. Mineral chelates or organic trace minerals are developed to improve gut absorption and enhance bioavailability. Inorganic minerals interact with fiber, tannin, phytate, silicates, oxalate, or other minerals in the gastrointestinal tract, which may interfere with their absorption. The minerals become more stable and less reactive in the digestive tract of animals when they are bound to chelating agents, including amino acids or hydrolyzed proteins.
Technavio’s analysts forecast the global organic trace minerals for animal feeds market to grow at a CAGR of 7.76% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global organic trace minerals for animal feeds market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of organic trace minerals for animal feeds.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Organic Trace Minerals for Animal Feeds Market 2017-2021
Technavio recognizes the following companies as the key players in the global organic trace minerals for animal feeds market: Alltech, Balchem, Kemin Industries, NOVUS INTERNATIONAL, Pancosma, Tanke, and Zinpro
Other Prominent Vendors in the market are: Aliphos, AZOMITE Mineral Products, Biochem Zusatzstoffe Handels- und Produktionsgesellschaft, Global Animal Products, Impextraco, Norel, Phibro Animal Health, PREMEX, Priya Chemicals, QualiTech, SUBONEYO Chemicals Pharmaceuticals, VAMSO BIOTEC, and Wuhan Pharma Chemical
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Advancements in technology. Major players in the industry are highly focused on the introduction of high-end technologies for the development of animal feed products that would provide them with industry competence and higher returns. The mounting technological advancements in the industry are projected to influence the demand for organic trace minerals in a positive direction. Nutech Biosciences produces amino acid-chelated trace minerals (glycinates) for animal feeds. KemTRACE minerals by Kemin Industries deliver feed specialists a mixture of organic chromium source for use in cattle, along with extremely concentrated essential organic trace minerals.”
According to the report, one of the major drivers for this market is Higher bioavailability rates of organic trace minerals. The market is registering a surge in the replacement of inorganic trace minerals with organic trace minerals for animal feeds, owing to the higher bioavailability of organic trace minerals. Bioavailability is not an inert parameter, it depends on the chemical and structural difference of the inorganic bond of a trace mineral; the breed, performance, age, and health status of an animal; and on antagonistic effects within the ration. Inorganic trace minerals tend to interact with phytate, fiber, tannin, oxalate, silicates, and other minerals in the gastrointestinal tract, which disturbs the mineral absorbability in an animal. It has been technically proven that the absorption of organic trace minerals is considerably higher than that of inorganic trace minerals as the chelates in the organic trace minerals obstruct them from interacting with other feed ingredients. When minerals are protected by chelating agents, they become highly stable and less sensitive in the digestive tract. Furthermore, R&D pertaining to this is taking place to develop organic trace minerals with higher bioavailability.
Further, the report states that one of the major factors hindering the growth of this market is Rising acceptance of hydroxy trace minerals. Hydroxy trace minerals form a new category of trace minerals in the animal feed market, which could pose a challenge to the growth of the global organic trace minerals for animal feeds market. The exclusive crystalline structure and optimized particle size of hydroxy trace minerals offer numerous benefits to feed manufacturers. Solid and strong covalent bonds preserve the expensive feed ingredients from destruction of reactive mineral ions, in the feed bag as well as in an animal's body. Hydroxy trace minerals signify a very efficient and productive method to deliver trace mineral nutrition to highly effective production animals. Thus, feed producers can enhance mill competence and yield high-quality feed to capitalize on economic returns.
Alltech, Balchem, Kemin Industries, NOVUS INTERNATIONAL, Pancosma, Tanke, and Zinpro, Aliphos, AZOMITE Mineral Products, Biochem Zusatzstoffe Handels- und Produktionsgesellschaft, Global Animal Products, Impextraco, Norel, Phibro Animal Health, PREMEX, Priya Chemicals, QualiTech, SUBONEYO Chemicals Pharmaceuticals, VAMSO BIOTEC, and Wuhan Pharma Chemical