Electrolytes play an essential role in both animals and plant metabolisms and are largely obtained from soils. The major growth driver in the African market is strong demand for high quality meat from meat processing industry. The South African market is focussed on innovating cost effective production process.
The major countries in this region are South Africa, Egypt, Libya, Nigeria etc. The market is largely untapped and unorganized. The rising awareness among the farmers about the benefits of minerals in feeds makes this region a potential market for key players. The South African livestock industry is developed and produces meat of high quality. The feed industry provides high quality inputs to the farmers to produce animal proteins at cheaper price. The growing middle class population with increased income has led to increased demand for meat and meat products. Macrominerals are very important nutrients in dairy rations and producers will continue to focus on optimizing production, health, and efficiency of their dairy herds. Accuracy in ration formulation, accuracy in feed preparation, and feeding management will play critical roles in controlling macromineral excretion on dairies.
Ruminant feed is the major segment accounting for the feed electrolytes market. The poultry feed segment accounts for the next highest percentage of the market; however increasing imports of poultry meat is affecting the market. In animals, deficiency of Magnesium may lead to reduction of Potassium retention thus leading to Potassium deficiency. These electrolytes content are interdependent and hence proper nutrition supply is required to these animals for better performance.
The key players in the market are focussed on manufacturing feed at lower prices and technological innovations in production process. To reduce the imports the Government is taking initiative to import both raw materials required for feed production and feed. Due to the demand supply gap the market for feed electrolytes market is expected to grow in the presence of required raw materials.
Scope of the Study:
1.1 Research Methodology
1.1.1 Market Definition
1.1.2 Report Description
2. KEY FINDINGS OF THE STUDY
3. MARKET OVERVIEW
3.2 Market Dynamics
184.108.40.206 Better standard of living & Increase in preference
220.127.116.11 Industrialization of meat production
18.104.22.168 Expansion of animal derived products' market
22.214.171.124 Increasing consumer awareness regarding animal nutrition
126.96.36.199 Livestock disease outbreak fuelling additives market
188.8.131.52 Regulatory structure & Intervention
184.108.40.206 Unavailability of raw materials
220.127.116.11 Increasing demand in the region fuelling trade activity
18.104.22.168 Rise in the cost of natural feeds
3.3 Porter's Five Forces Analysis
3.3.1 Bargaining Power of Suppliers
3.3.2 Bargaining Power of Buyers
3.3.3 Threat of New Entrants
3.3.4 Threat of Substitute Products and Services
3.3.5 Degree of Competition
4. MARKET SEGMENTATION
4.1 Feed Electrolytes Market, by Type
4.1.1 Micro Minerals
4.1.2 Macro Minerals
4.2 By Animal type
4.2.5 Pet Food
4.3 By Geography
4.3.1 South Africa
5. Competitive Landscape
5.1 Market Share Analysis
5.2 New Product Launches
5.3 Mergers & Acquisitions
5.4 Joint Ventures
5.5 Most active companies in the past five years
6. Company Profiles
6.1 Alltech Inc.
6.2 Archer Daniels Midland Co.
6.3 Bio Multimin Inc.
6.4 Biochem Lohne Germany
6.5 Cargill Inc.
6.6 Davidsons Animal Feeds
6.7 Kemin Industries Inc.
6.8 Mercer Milling Co. Inc.
6.9 Novus International Inc.
6.10 Nutreco NV
6.11 Pancosma SA
6.12 Phibro Animal Health Corp.
6.13 QualiTech Corp.
6.14 Ridley Inc.
6.15 Royal DSM NV
6.16 Tanke Biosciences Corp.
6.17 Vamso Biotec Pvt. Ltd.
6.18 Zinpro Corp.