![Global Feed Minerals Market](https://res.cloudinary.com/devmoveo/image/upload/v1714480241/skyquest/report/phpMyMnTU.jpg)
Report ID: SQSG15E2028
Report ID:
SQSG15E2028 |
Region:
Global |
Published Date: April, 2024
Pages:
253
|
Tables:
64 |
Figures:
75
Feed Minerals Market size was valued at USD 38.1 billion in 2019 and is poised to grow from USD 40.2 billion in 2023 to USD 65.08 billion by 2031, growing at a CAGR of 5.5% in the forecast period (2024-2031).
To promote optimal development, health, and disease resistance in livestock, feed additives like minerals are routinely used. For higher quality and more consistent standards in animal-based goods, it is necessary to supplement feed with externally administered trace elements and minerals that the body cannot create in sufficient quantities. To keep up with the rising demand for animal protein, the livestock industry is becoming increasingly mechanized. This shift has led to a renewed emphasis on providing livestock with the best possible diets, and this trend is expected to fuel the rapid expansion of the global feed minerals market in the coming years.
US Feed Minerals Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQSG15E2028