Organic Trace Minerals for Animal Feed Market by Form Factor, Application, and Geography - Forecast and Analysis 2023-2027

Published: Feb 2023 Pages: 167 SKU: IRTNTR72582

The animal feed organic trace minerals market size is estimated to grow at a CAGR of 8.11% between 2022 and 2027. The size of the market is forecast to increase by USD 391.05 million. The growth of the market depends on several factors, including the health benefits of trace animals, increasing awareness about livestock diseases, and changes in end-user preference.

This report extensively covers market segmentation by form factor (dry and liquid), application (poultry, swine, ruminants, and others), and geography (North America, Europe, APAC, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the size of the Animal Feed Organic Trace Minerals Market During the Forecast Period?

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Animal Feed Organic Trace Minerals Market: Key Drivers, Trends, Challenges, and Customer Landscape

The health benefits of trace animals are notably driving the market growth, although factors such as the increased use of water-soluble organic feed additives may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Animal Feed Organic Trace Minerals Market Driver

Organic trace minerals are essential for the metabolic well-being of animals, as they support enzymatic reactions that contribute to the prevention of low-feed efficiency, diseases, and inefficient growth. Various organic trace minerals provide health benefits to animals, such as Cobalt which helps in Vitamin B12 synthesis and the activation of enzymes, Copper which is necessary for structural strength, elasticity of connective tissues, and maturation of erythrocytes and blood vessels, and Iodine which is responsible for the regulation of neuromuscular functions, cellular oxidation, and metabolism. Iron, Magnesium, Manganese, and Zinc also play a critical role in animal health and development. Breeders are encouraged to feed their animals on organic trace mineral feed as it enhances the productivity of animals, leading to more profitability for breeders. Moreover, disease outbreaks disrupt livestock product trade and inhibit sustained investments in livestock production. Hence, demand for organic trace minerals for animal feed will continue to grow, as they provide a solution for preventing epidemic diseases and maintaining livestock production.

Significant Animal Feed Organic Trace Minerals Market Trends

Another key factor driving the global animal feed organic trace minerals market is the increased use of water-soluble organic feed additives. Water-solvent natural feeds contain multivitamins along with natural trace minerals and play a vital part in deciding livestock development and profitability. They are difficult to pass, digest quickly, and are more gainful than dry feed-added substances. Vendors are also coming up with new products to cater to the market demand.

For instance, Tanke Biosciences, a Chinese manufacturer of organic trace minerals, has come up with a wide range of water-solvent natural feed-added substances such as Mineral Premix for Piglet - QILIMIX I, Mineral Premix for Sow - QILIMIX II, Mineral Premix for Poultry - QILIMIX III, and Extra-Health (sow lactogenic powder), which contain multivitamins and organic minerals. Therefore, such developments augur well for the global organic trace minerals for the animal feed market. Such factors are expected to positively impact the market growth in the forecast period.

Major Animal Feed Organic Trace Minerals Market Challenge

One of the key challenges to the global animal feed organic trace minerals market growth is the growing vegan population, especially in the US, Australia, Germany, and India. Veganism is termed as the practice of abstaining from the use of animal products, particularly in the diet. Touted as one of the fastest-growing lifestyle movements, veganism abstains from the consumption of all products obtained from animals. For instance, the number of vegans in the UK has increased by about 600% in the last three years. The trend is being fueled by the growing popularity of veganism among the youth. About 80% of the total vegan population in the UK falls in the age group of 15-34 years.

In the US, many food startups promote veganism, and they are being endorsed by celebrities such as Bill Gates, Serena Williams, and Venus Williams. Market players are also coming up with new vegan products to tap the growing potential. With the vegan population increasing in the world, working people looking for a vegetarian diet have also gone up. This can lower the demand for meat-based products and challenge the global organic trace minerals for the animal feed market.

Key Animal Feed Organic Trace Minerals Market Customer Landscape

The animal feed organic trace minerals market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Animal Feed Organic Trace Minerals Market Customer Landscape

Who are the Major Animal Feed Organic Trace Minerals Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Alltech Inc. - The company offers organic trace minerals for animal feed such as Bioplex High Five. Also, the company offers animal nutrition for dairy cows, beef cattle, poultry, pig, aquaculture, equine, and pet.

The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • Archer Daniels Midland Co.
  • Balchem Inc.
  • BASF SE
  • Biochem additives and product mbH
  • Cargill Inc.
  • Global Animal Products
  • Kemin Industries Inc.
  • Koninklijke DSM NV
  • Mercer Milling Co. Inc.
  • Norel SA
  • Novus International Inc.
  • Nutreco N.V.
  • Phibro Animal Health Corp.
  • Priya Chemicals
  • QualiTech

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Animal Feed Organic Trace Minerals Market?

The market share growth by the dry segment will be significant during the forecast period. Due to consumer demand for more natural and sustainable food products, the market for dry-form organic trace minerals for animal feed is expanding. The market for organic trace minerals is being driven by this demand because they are seen as a healthier and more sustainable alternative to conventional mineral supplements.

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The dry segment was valued at USD 431.07 million in 2017 and continue to grow by 2021. Organic trace mineral manufacturers frequently choose the dry form because it is simple to handle and has a longer shelf life than liquid forms. The cost of organic trace minerals is higher than that of conventional minerals, which poses a problem for market expansion. Consumer confusion and mistrust are also increased by the lack of standardization in the production and labeling of organic trace minerals, which reduces the market potential. However, the demand for organic trace minerals is anticipated to rise in the upcoming years due to growing awareness of animal health and welfare. Due to the rising demand for food products containing animal products in nations like China and India, the APAC region is anticipated to be a significant market during the forecast period.

The liquid form of organic trace minerals is gaining popularity because it is more effective and efficient than the dry form. Animals can absorb and utilize liquid organic trace minerals more easily because they can be easily mixed and distributed in animal feed. This increased efficiency results in improved animal performance, which is a significant driver of demand for liquid organic trace minerals. However, the high cost of these products is due to the inadequate supply of organic raw materials and the complex manufacturing processes required to produce liquid organic trace minerals. Despite these challenges, consumer awareness of animal welfare and the environmental impact of animal agriculture is expected to drive demand for natural and sustainable food products, making North America and Europe the largest markets for liquid organic trace minerals. During the forecast period, it is anticipated that the demand for liquid organic trace minerals will increase, driven by the growing demand for animal-derived food products and increasing awareness.

Which are the Key Regions for the Animal Feed Organic Trace Minerals Market?

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North America is estimated to contribute 27% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The enhanced bioavailability of organic trace minerals reduces waste excretion levels in the environment, which is a major market driver. North America imports most of its organic meat products from European and Asian countries as it has a shortfall of organic breeders. Most breeders in the region usually do not prefer feeding their livestock organic food that contains organic trace minerals because of the costs involved. This challenges the growth of the regional market. However, outbreaks of diseases such as the Porcine Epidemic Diarrhoea Virus (PEDV) will see more consumers demanding organic meat during the forecast period, and this will benefit the organic trace minerals market.

In 2020, COVID-19 widely impacted North America, especially the US. However, the region gradually propelled its economic activities and simultaneously conducted large-scale vaccination drives, further supporting regional economy growth. This is expected to increase the regional livestock activities and, consequently, drive the growth of the regional organic trace minerals for the animal feed market during the forecast period.

Segment Overview

The animal feed organic trace minerals market  report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Form Factor Outlook (USD Million, 2017 - 2027)
    • Dry
    • Liquid
  • Application Outlook (USD Million, 2017 - 2027)
    • Poultry
    • Swine
    • Ruminants
    • Others
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Animal Feed Organic Trace Minerals Market Scope

Report Coverage

Details

Page number

167

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 8.11%

Market growth 2023-2027

USD 391.05 million

Market structure

Fragmented

YoY growth 2022-2023(%)

7.8

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 27%

Key countries

US, Canada, China, Japan, and UK

Competitive landscape

 Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Alltech Inc., Archer Daniels Midland Co., Balchem Inc., BASF SE, Biochem additives and product mbH, Cargill Inc., Global Animal Products, Kemin Industries Inc., Koninklijke DSM NV, Mercer Milling Co. Inc., Norel SA, Novus International Inc., Nutreco N.V., Phibro Animal Health Corp., Priya Chemicals, QualiTech, Suboneyo Chemicals Pharmaceuticals P Ltd., Tanke Biosciences Corp., Zinpro Corp., and Simfa Labs Pvt. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Animal Feed Organic Trace Minerals Market Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the animal feed organic trace minerals market between 2023 and 2027
  • Precise estimation of the animal feed organic trace minerals market size and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across North America, Europe, APAC, South America, and Middle East and Africa
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of animal feed organic trace minerals market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Form Factor
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global organic trace minerals for animal feed market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global organic trace minerals for animal feed market 2017 - 2021 ($ million)
    • 4.2 Form factor Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Form factor Segment 2017 - 2021 ($ million)
    • 4.3 Type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Form Factor

    • 6.1 Market segments
      • Exhibit 30: Chart on Form Factor - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Form Factor - Market share 2022-2027 (%)
    • 6.2 Comparison by Form Factor
      • Exhibit 32: Chart on Comparison by Form Factor
      • Exhibit 33: Data Table on Comparison by Form Factor
    • 6.3 Dry - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Dry - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Dry - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Dry - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Dry - Year-over-year growth 2022-2027 (%)
    • 6.4 Liquid - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Liquid - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Liquid - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Liquid - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Liquid - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Form Factor
      • Exhibit 42: Market opportunity by Form Factor ($ million)

    7 Market Segmentation by Application

    • 7.1 Market segments
      • Exhibit 43: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 44: Data Table on Application - Market share 2022-2027 (%)
    • 7.2 Comparison by Application
      • Exhibit 45: Chart on Comparison by Application
      • Exhibit 46: Data Table on Comparison by Application
    • 7.3 Poultry - Market size and forecast 2022-2027
      • Exhibit 47: Chart on Poultry - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Data Table on Poultry - Market size and forecast 2022-2027 ($ million)
      • Exhibit 49: Chart on Poultry - Year-over-year growth 2022-2027 (%)
      • Exhibit 50: Data Table on Poultry - Year-over-year growth 2022-2027 (%)
    • 7.4 Swine - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Swine - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Data Table on Swine - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Chart on Swine - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Swine - Year-over-year growth 2022-2027 (%)
    • 7.5 Ruminants - Market size and forecast 2022-2027
      • Exhibit 55: Chart on Ruminants - Market size and forecast 2022-2027 ($ million)
      • Exhibit 56: Data Table on Ruminants - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Chart on Ruminants - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on Ruminants - Year-over-year growth 2022-2027 (%)
    • 7.6 Others - Market size and forecast 2022-2027
      • Exhibit 59: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 60: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 62: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.7 Market opportunity by Application
      • Exhibit 63: Market opportunity by Application ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 65: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 66: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 67: Chart on Geographic comparison
      • Exhibit 68: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 77: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 78: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 79: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 85: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 87: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 89: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 91: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 UK - Market size and forecast 2022-2027
      • Exhibit 93: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 95: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.10 Canada - Market size and forecast 2022-2027
      • Exhibit 97: Chart on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 98: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 99: Chart on Canada - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on Canada - Year-over-year growth 2022-2027 (%)
    • 9.11 China - Market size and forecast 2022-2027
      • Exhibit 101: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 102: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 103: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.12 Japan - Market size and forecast 2022-2027
      • Exhibit 105: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 106: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 107: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 108: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 109: Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 110: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 111: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 112: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 113: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 114: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 115: Matrix on vendor position and classification
            • 12.3 Alltech Inc.
              • Exhibit 116: Alltech Inc. - Overview
              • Exhibit 117: Alltech Inc. - Product / Service
              • Exhibit 118: Alltech Inc. - Key offerings
            • 12.4 Archer Daniels Midland Co.
              • Exhibit 119: Archer Daniels Midland Co. - Overview
              • Exhibit 120: Archer Daniels Midland Co. - Business segments
              • Exhibit 121: Archer Daniels Midland Co. - Key offerings
              • Exhibit 122: Archer Daniels Midland Co. - Segment focus
            • 12.5 Balchem Inc.
              • Exhibit 123: Balchem Inc. - Overview
              • Exhibit 124: Balchem Inc. - Business segments
              • Exhibit 125: Balchem Inc. - Key offerings
              • Exhibit 126: Balchem Inc. - Segment focus
            • 12.6 BASF SE
              • Exhibit 127: BASF SE - Overview
              • Exhibit 128: BASF SE - Business segments
              • Exhibit 129: BASF SE - Key news
              • Exhibit 130: BASF SE - Key offerings
              • Exhibit 131: BASF SE - Segment focus
            • 12.7 Biochem additives and product mbH
              • Exhibit 132: Biochem additives and product mbH - Overview
              • Exhibit 133: Biochem additives and product mbH - Product / Service
              • Exhibit 134: Biochem additives and product mbH - Key offerings
            • 12.8 Cargill Inc.
              • Exhibit 135: Cargill Inc. - Overview
              • Exhibit 136: Cargill Inc. - Product / Service
              • Exhibit 137: Cargill Inc. - Key news
              • Exhibit 138: Cargill Inc. - Key offerings
            • 12.9 Global Animal Products
              • Exhibit 139: Global Animal Products - Overview
              • Exhibit 140: Global Animal Products - Product / Service
              • Exhibit 141: Global Animal Products - Key offerings
            • 12.10 Kemin Industries Inc.
              • Exhibit 142: Kemin Industries Inc. - Overview
              • Exhibit 143: Kemin Industries Inc. - Product / Service
              • Exhibit 144: Kemin Industries Inc. - Key news
              • Exhibit 145: Kemin Industries Inc. - Key offerings
            • 12.11 Koninklijke DSM NV
              • Exhibit 146: Koninklijke DSM NV - Overview
              • Exhibit 147: Koninklijke DSM NV - Business segments
              • Exhibit 148: Koninklijke DSM NV - Key news
              • Exhibit 149: Koninklijke DSM NV - Key offerings
              • Exhibit 150: Koninklijke DSM NV - Segment focus
            • 12.12 Mercer Milling Co. Inc.
              • Exhibit 151: Mercer Milling Co. Inc. - Overview
              • Exhibit 152: Mercer Milling Co. Inc. - Product / Service
              • Exhibit 153: Mercer Milling Co. Inc. - Key offerings
            • 12.13 Norel SA
              • Exhibit 154: Norel SA - Overview
              • Exhibit 155: Norel SA - Product / Service
              • Exhibit 156: Norel SA - Key offerings
            • 12.14 Novus International Inc.
              • Exhibit 157: Novus International Inc. - Overview
              • Exhibit 158: Novus International Inc. - Product / Service
              • Exhibit 159: Novus International Inc. - Key offerings
            • 12.15 Nutreco N.V.
              • Exhibit 160: Nutreco N.V. - Overview
              • Exhibit 161: Nutreco N.V. - Product / Service
              • Exhibit 162: Nutreco N.V. - Key news
              • Exhibit 163: Nutreco N.V. - Key offerings
            • 12.16 Phibro Animal Health Corp.
              • Exhibit 164: Phibro Animal Health Corp. - Overview
              • Exhibit 165: Phibro Animal Health Corp. - Business segments
              • Exhibit 166: Phibro Animal Health Corp. - Key offerings
              • Exhibit 167: Phibro Animal Health Corp. - Segment focus
            • 12.17 QualiTech
              • Exhibit 168: QualiTech - Overview
              • Exhibit 169: QualiTech - Product / Service
              • Exhibit 170: QualiTech - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 171: Inclusions checklist
                • Exhibit 172: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 173: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 174: Research methodology
                • Exhibit 175: Validation techniques employed for market sizing
                • Exhibit 176: Information sources
              • 13.5 List of abbreviations
                • Exhibit 177: List of abbreviations

                Research Framework

                Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                INFORMATION SOURCES

                Primary sources

                • Manufacturers and suppliers
                • Channel partners
                • Industry experts
                • Strategic decision makers

                Secondary sources

                • Industry journals and periodicals
                • Government data
                • Financial reports of key industry players
                • Historical data
                • Press releases

                DATA ANALYSIS

                Data Synthesis

                • Collation of data
                • Estimation of key figures
                • Analysis of derived insights

                Data Validation

                • Triangulation with data models
                • Reference against proprietary databases
                • Corroboration with industry experts

                REPORT WRITING

                Qualitative

                • Market drivers
                • Market challenges
                • Market trends
                • Five forces analysis

                Quantitative

                • Market size and forecast
                • Market segmentation
                • Geographical insights
                • Competitive landscape

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                Key Questions Answered

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                • What are the revenue-generating key market segments?
                • What are the key factors driving and challenging this market’s growth?
                • Who are the key market vendors and their growth strategies?
                • What are the latest trends influencing the growth of this market?
                • What are the variables influencing the market growth in the primary regions?
                • What are the factors influencing the growth of the parent market?

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