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Feed Phosphates Market by Type, Livestock, Form And Region - Global Forecast to 2024

Feed Phosphates Market: Global Forecast until 2024

  • May 2018
  • 160 pages
  • ID: 3273370
In this report:
Feed production in the region was around ##.## million MT in 2017, up from ##.## million MT in 2012, marking an increase of about ##%.
According to the Alltech Feed Survey of 2018, the region experienced a ##% increase in its feed production from ##.## million tons in 2012 to ##.## million tons in 2017.
The survey also stated that Spain led the EU feed production at ##.## million metric tons in 2016, an increase of ##% from 2015.

Summary

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The feed phosphates market is estimated to rise at a compound annual growth rate of 3.70 percent.

The feed phosphates market is projected to be valued at ~$2.3B in 2018 and is projected to extend 2.80 billion by 2024, at a compound annual growth rate (CAGR) of 3.70 percent. Feed phosphates play an important role in animal nutrition. An adequate supply of feed phosphates in animal feed is critical for the optimal performance and well-being of animals. Feed phosphates strengthen the immune and reproductive systems of livestock and help in improving the metabolism of livestock, and are, accordingly, widely used in all types of feed for livestock including poultry, ruminants, swine, aquatic animals, and equine. The industry is influenced by the increase in consumption of meat and dairy products and high threat of diseases in livestock. Fluctuating prices of phosphate and growing use of substitutes including phytase are the main restraints for the increase of this market.

Monocalcium phosphate expected to be the quickest-rising type market for feed phosphates from 2018 to 2024.

The monocalcium phosphate segment is expected to rise at the highest CAGR (Compound annual growth rate) during the outlook period.Monocalcium phosphate has the more significant digestible phosphorus content, which is the main reason why many feed manufacturers and producers are beginning to switch from DCP to MCP.

The high solubility and optimal phosphorus concentration of MCP also offer increased flexibility in dietary formulations.

The poultry segment is forecasted to be the quickest-increasing for feed phosphates from 2018 to 2024.

The feed phosphates market, by livestock, is forecasted to be dominated by the poultry segment in 2018.It is also expected to be the quickest increasing through 2024.

On a overall level, the total poultry production has been rising; with such increase in poultry production and consumption, it has become important for meat producers to focus more on quality. Poultry requires relatively big amounts of calcium and phosphorus for normal rise and skeletal development, which gives a boost to the feed phosphates consumption.

EU is set to lead the feed phosphates market with the biggest share in 2018.

The european (EU) market is expected to be the biggest in 2018.The sector in the territory is influenced by the consumption of feed phosphates, as this is a main livestock producer.

Meat stands as one of the important segments of the European agricultural market.The policies formed by the EU encourage animal producers to use healthy and nutrient-rich feed additives and balance their impact of production on the environment thus driving the increase of the feed phosphates market.

The South American market is expected to grow at the highest compound annual growth rate (CAGR) from 2018 to 2024.The annual livestock production in this area has rised, subsequently driving the industry demand for compound feed.

The quick expansion of the livestock market in the area has resulted in a steady import of feed phosphates. Different product developments by industry actors in the territory, together with the increased use of compound feed, are forecast to steer the industry for feed phosphates.

The breakdown of the primaries on the basis of company type, description, and area, conducted during the business research study, is like:

• By Company category: Tier 1: 55.0 percent, Tier 2: 20.0 percent, and Tier 3: 25.0 percent

• By Description: C-suite: 49.0 percent, D-level: 21.0 percent, and Others: 30.0 percent

• By Area: North America continent: 25.0 percent, Europe (EU): 30.0 percent, Asia Pacific (APAC): 25.0 percent, South America region: 15.0 percent, and RoW: 5.0 percent

• Sinochem Yunlong Co., Limited

• Wengfu Group

• Rotem Turkey

The top players in the feed phosphates market approved mergers & acquisitions as their top increase strategy to rise their share of market and profits. Business developments recorded for the second most important increase strategy to be adopted by market actors.

Segment Research

The analysis examines the feed phosphates market across various class and territories.It aims at evaluating the size and upcoming growth potential of this market across distinct segments including type, livestock, form, and area.

The market research also comprises detailed competitive review of the main actors in the sector, together with their company descriptions, recent evolutions, and key industries strategies.

Why acquiring this study can help you:

• To get a comprehensive overview of the overall feed phosphates market

• To benefit wide-ranging information about the top actors in this market, their products review, and top strategies approved by them

• To benefit insights of the main countries/localities in which the feed phosphates market is prospering

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