A new report by Markets and Markets finds that the animalfeed micronutrients market will be worth $1,476.3 million by 2019.
The report “Animal Feed Micronutrients Market by Type (Zinc, Iron, Manganese, and Copper), by Livestock (Ruminant, Poultry, Aqua, Swine, and Equine) & by Geography – Global Trends & Forecasts to 2019,” defines and segments the animal micronutrients market with analysis and forecasting of the global values for the market.
The “Animal Feed Micronutrients Market” report also identifies the driving and restraining factors with an analysis of trends, opportunities, burning issues, winning imperatives, and challenges. The market is segmented and the value is forecasted on the basis of five major regions: North America, Europe, Asia-Pacific, Latin America, and the rest of the world.
The animal micronutrients market includes micronutrients such as zinc, iron, magnesium, copper and others used for livestock such as ruminants, poultry, swine, equine, aqua, and others. Animals require energy, protein, minerals, vitamins, and water in the appropriate amounts to optimize lactation, growth, and reproduction. Imbalance or deficiencies may result in suboptimal performance and health of the animal. Micronutrients are the source of energy, protein, minerals and vitamins. They perform multifaceted functions in animal production and growth and also contribute in enzyme system operation.