A restraint for the growth of this market is the regulatory structure of the animal feeds industry, which restricts the use of certain minerals and chemical products. With the growing global population and corresponding rise in the food shortage, the industry is facing severe pressure in procuring raw feed, such as maize, wheat, barley, etc. The rising cost of extraction of minerals from sources coupled with stringent regulations had a limiting effect on the feed electrolytes market. With the economic recovery, demand for maize and wheat in different industries, such as biofuel production, human food, and animal feed is going to increase. That makes the availability of these products less for animal feed production.
Minerals enhance the growth of the animals and boost their productivity
With stringent regulations in place the American market demands healthy and productive livestock to ensure good quality meat and other animal products. The proper intake of minerals helps in improving animal performance and genetic potential of the animals. Necessary minerals include iron, cobalt, zinc, copper etc. Minerals, which are required by the animals often and in a comparatively large quantity to maintain the optimum animal health, are termed as macro minerals. While preparing mineral mixtures, the animal’s specific requirements are taken into consideration and the content varies accordingly.
Beef cattle are generally Phosphorous deficient and might cause Osteomalacia and also decreases their growth and reproduction. These supplements are provided, along with silage, oil cakes, concentrates etc. Feed rations may have varied level of essential elements in them; majority of forage feeds have less content of sodium and chlorine. In that case, Ground chalk, travertines, sapropel, limestones, wood ash, and gypsum are used as calcium supplements. Ruminant diet consists of different raw materials with varied degree of minerals in it. As per the weight and age of the animal, the requirement for supplements varies. Animals require minerals for weight gain, improved level of milk production, pregnancy, and overall performance etc.
July 2017: Perstrop has launched an online feed dietary electrolyte balance calculator and the potential performance benefit arising out of maintaining optimum dietary electrolyte balance
Major Players: ARCHER DANIELS MIDLAND CO., CARGILL INC., ROYAL DSM, BASF SE, DUPONT, ARCHER DANIELS MIDLAND CO., AND INGREDION INC., amongst others.
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1.1 Study Deliverables
1.2 General Study Assumptions
2. Research methodology
2.2 Analysis Methodology
2.3 Study Phases
3. Executive Summary
4. Market Overview and Trends
4.1 Current Market Scenario
4.2 Technology Trends
4.3 Porter's Five Forces Framework
4.3.1 Bargaining Power of Buyers
4.3.2 Bargaining Power of Supplier
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. Market Dynamics
5.1.1 Industrialization of Livestock Industry
5.1.2 Expansion of Animal derived Products Market
5.2.1 Stringent Regulatory Environment
5.2.2 Competition for Raw Materials from other Industries
5.3.1 Increasing Costs of Natural Feed
6. North America Feed Electrolytes Market Segmentation
6.1 By Type
6.1.1 Micro Minerals
6.1.2 Macro Minerals
6.2 By Animal Type
6.3 By Geography
6.3.1 The United States
6.3.4 Rest of North America
7. Competitive Landscape
7.2 Market Structure & Analysis
8. Company Profiles
8.1 Alltech Inc.
8.2 Archer Daniels Midland Co.
8.3 Cargill Inc.
8.4 Kemin Industries Inc.
8.5 Mercer Milling Co. Inc.
8.6 Nutreco NV
8.7 Royal DSM NV
8.8 Davidsons Animal Feeds
8.9 Bio Multimin Inc.
8.10 Biochem Lohne Germany
8.11 Novus International Inc.
8.12 Pancosma SA
9. Future Outlook of the market
- Alltech Inc.
- Archer Daniels Midland Co.
- Cargill Inc.
- Kemin Industries Inc.
- Mercer Milling Co. Inc.
- Nutreco NV
- Royal DSM NV
- Davidsons Animal Feeds
- Bio Multimin Inc.
- Biochem Lohne Germany
- Novus International Inc.
- Pancosma SA