(MoneyNewsWire.Net, February 14, 2018 ) North America Feed Phosphate Market was worth USD 1.24 billion in 2017 and is expected to reach USD 1.40 billion by 2022 with a CAGR of 2.5 %.
Phosphate is a vital nutrient to the animals for optimal growth, fertility, and bone development. But they couldn’t produce enough phosphate on their own and hence it is added to the animal feed to deliver required nutritional content. There are various advantages related to the phosphate feed usage which includes nutritional quality enhancement, meat quality improvement, and ease in feed digestibility.
Structuring of pork and poultry industry, rising consumption of meat, developing livestock during their growth stages are the major factors driving the market. However, Stringent regulations, increasing expense of raw materials, and less availability of phosphate reserves are some of the major factors restraining the market.
Get a comprehensive overview of the North America Feed Phosphate market:
North America Feed Phosphate market is segmented based on Type and Livestock. Based on Type, market is segmented into Dicalcium Phosphate, Monocalcium Phosphate, Mono-Dicalcium Phosphate, Defluorinated Phosphate, Tricalcium Phosphate, and Others. Based on Livestock, market is segmented into Poultry, Swine, Aquatic Animals, Cattle, Others. Geographically, market is further segmented into US and Canada. North America is expected to show significant growth during the forecast period.
The key players in the market include EuroChem Ltd., The Mosaic Company, Potash Corp., PhosAgro, and OCP Group.
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Key Questions Answered
· What is the current and future Feed Phosphate Market outlook in North America? What trends are affecting the North America market?
· What is the competitive landscape and market share of major players in the W Feed Phosphate space in North America?
· What are the key, high growth markets that Feed Phosphate manufacturers should expand into? Which market segments are growing the fastest?
· What are the unmet needs with the Feed Phosphate currently on the market? How will emerging technologies fulfil these unmet needs?
· What is physician perception and market outlook of Feed Phosphate?
· What are the challenges and barriers that have hindered widespread adoption of Feed Phosphate?
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