Global Organic Trace Minerals Market Size, Share, Development, Growth and Demand Forecast to 2023

The increasing demand for animal products, such as meat and milk are the key reasons for the growth of the global organic trace minerals market. The increasing number of animals and growing trade of meat and dairy products are expected to drive the growth of global the organic trace minerals market during the forecast period. The production from animals is largely dependent on the type of feed they consume. Zinc dominates the market among products, followed by iron.

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North America dominates the global organic trace minerals market due to high consumer awareness about the benefits of organic products. Also, the strict environmental regulation in the regions related to the use of inorganic minerals is also one of the factors, driving the growth of the market in the region. The Asia-Pacific organic trace minerals market is also growing with a considerable growth rate, mostly due to the increasing consumption and export of meat and milk products in the region. China accounts for approximately 25% of the global meat production, which is also increasing the demand of organic trace minerals in the country. Brazil is expected to be one of the fastest growing markets, due to its large beef exports and increasing demand for organic animal feed and related products.

The key companies operating in the global organic trace minerals market include Royal DSM NV, Tanke Biosciences Corporation, Zinpro Corporation, Cargill and Kemin Industries.

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Global Organic Trace Minerals Market Segmentation

By Product

• Zinc
• Iron
• Manganese
• Copper
• Others

By Geography

• North America
• Latin America
• Central and Eastern Europe
• Western Europe
• Middle East and Africa

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P&S Market Research is a global market research and consulting company. We provide market research reports, industry reports, business intelligence and research based consulting services across a range of industries.