Feed Phosphate Market is likely to expand at promising CAGR
Global Market Insights, Inc. has announced the launch of Feed Phosphate market, a comprehensive study enumerating the latest price trends and pivotal drivers rendering a positive impact on the industry landscape. Further, the report is inclusive of the competitive terrain of this vertical in addition to the market share analysis and the contribution of the prominent contenders toward the overall industry.
Feed Phosphate Market size is set to surpass USD 4.5 billion by 2024; according to a new research report by Global Market Insights, Inc. Rapid spurge in the middle-class population is propagating the need for high quality meat products in China, India and Australia. The middle-class population is set to surpass over 4.5 billion by 2022 pertaining to improving economic conditions and rising living standards. Meat products are rich sources of protein, vitamins and minerals which are essential for performing certain bodily functions along with enhancing immunity thereby positively influencing feed phosphate market growth.
Request for Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/1349
These products are added to the commercial animal feed and used as additives for providing essential nutrients to animals including phosphorus and calcium. Rising nutrition requirements for poultry production along with favorable government standards will foster the feed phosphate industry growth.
The products helps in maintaining osmotic pressure, buffer capacity and acid base balance along with bone development and providing overall nutrition. Phosphorus supply is considered as a crucial element in animals thereby facilitating their metabolism, immunity and reproductive systems. According to The National Research Council in the U.S., the largest number of deaths occur due to nutritional deficiencies in the poultry species. Additionally, these deficiencies are also likely to cause diseases such as rickets which further reduces the economic and reproductive capacities in animals.
Inquiry of this Report @ https://www.gminsights.com/inquiry-before-buying/1349
Feed phosphate market in Germany is likely to register significant growth close to 3% during the projected period. Rise in disease outbreaks in livestock animals including bird flu, swine flu and mouth and foot infections has increased quality and safety concerns amongst consumers. Increasing demand for pork, poultry and other meat products is highly fulfilled by proper feeding of animals along with sufficient calcium and phosphorus supply for overall growth. These products contain a good amount of phosphorous required in diets of animals which is further accelerating feed phosphate market growth.
India feed phosphate market size is likely to register significant growth at over 3.5% over the forecast period. Growing demand for meat and related products owing to rapid population increase and improving economic conditions are likely to enhance the market growth. Additionally, the young population in the country is majorly opting out of vegetarianism and increasing their meat consumption while dining out.
The Mosaic Company, Eurochem, OCP Group, Fosfitalia Group, Elixir, Yara International, Reanjoy, Phosagro, Potashcorp, Wengfu, Malaysian Phosphate Additives and Lifosa are the prominent industry participants in the feed phosphate market. Companies are expanding their regional reach by forming joint venture and partnerships along with investing heavily in R&D activities to meet the government standards which is further enhancing feed phosphate industry size.
Request for Discount @ https://www.gminsights.com/request-discount/1349
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making.
These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
