Feed Phosphate Market was Valued at US$ 2.98 Bn in 2018

Posted by venkatakiran on October 29th, 2019

Global Feed Phosphate Market was Valued at US$ 2.98 Bn in 2018, Rising Demand for Dairy Products

Analyst Speak:

 

The Global Feed Phosphate Market was valued around US$ 2.98 Bn by 2018 and growing at a significant CAGR of 3.5% over next seven years 2019-2025 due to rising demand for dairy products

The global feed phosphate market accounted for US$ 2.98 Bn in 2018 and burgeoning over the forthcoming years.Rise in consumption of meat and dairy products, increasing demand for dairy products, livestock development and welfare, industrialization of meat industry and demand for better quality dairy and meat products are some key factors fostering the market growth. However, factors such as increase in usage of substitutes such as phytase and fluctuating price of raw materials are inhibiting the market growth.

Global feed phosphate market segmented on the basis of phosphate type, species and region.

 For More Information:

 https://www.precisionbusinessinsights.com/market-reports/global-feed-phosphate-market

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venkatakiran
Joined: September 16th, 2019
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