Bone Meal Supplement market Outlook:
The demand for bone meal supplement is anticipated to increase over the forecast year due to increasing application of bone meal supplements in animal feed and fertilizers. The bone meal supplement is obtained from crushed and coarsely ground animal bones and waste from slaughterhouses. Bone meal supplement is used in agriculture as a fertilizer for fruits, vegetables, and other plants as it nourishes soil and plant with phosphorous and calcium. The bone meal supplement promotes strong root systems and stimulates bigger and better fruits and flowers. The bone meal supplement is widely used in animal nutrition and feed as a source of protein, besides being a potential protein source bone meal supplement is an excellent source of phosphorous, calcium and other minerals. The bone meal supplement is used in nutraceuticals and dietary supplements to promote good bone health. The bone meal supplement helps in faster healing and recovery in case of fracture or dislocation of joints and ensures proper growth and development of the skeletal system. Besides, it acts as a source of mineral supplement in menopausal women.
Rising awareness for animal nutrition and feed is leading to increasing demand for Bone Meal Supplement:
The demand for bone meal supplement is expected to increase over the forecast year owing to the increasing consumer awareness towards using safe, healthy and nutritious feed additives for livestock and pets. The bone meal supplement provides calcium, phosphorous, and minerals to the animals thus enabling there proper growth and development. Besides, increasing per capita disposable income has made consumers pay more attention towards pet care and nutrition resulting in growing demand of bone meal supplement. The increasing agricultural activity is resulting in a growing need for crop and soil protection additives. Bone meal supplement is used as a fertilizer to provide nutrients and organic matter to the soil and nourish crop to produce good quality fruit and vegetables. Also, the bone meal supplement finds application in nutraceuticals and dietary supplements to overcome and prevent calcium deficiency in the consumers and prevent proper growth and development of the bone.
Bone Meal Supplement market: Market Segmentation
On the basis of nature, the Global Bone Meal Supplement market has been segmented as:
On the basis of form, the Global Bone Meal Supplement market has been segmented as:
On the basis of application, the Global Bone Meal Supplement market has been segmented as:
- Animal feed and nutrition
- Nutraceuticals and dietary supplement
On the basis of distribution channel, the Global Bone Meal Supplement market has been segmented as:
- Indirect Sales
- Speciality stores
- Online retail
Global Bone Meal Supplement market: Market Participants:
The key market participants identified across the value chain of the global bone meal supplement market are: The Espoma Company, LaBudde Group, Incorporated, The Jobe's Company, NOW Health Group, Inc., Indian Bone Meal Industries
Opportunities for Bone Meal Supplement market participants:
The bone meal supplement will have a growing demand in regions like North America and Europe due to increasing awareness among the consumers regarding proper and safe animal nutrition. Besides, the population of the pet is growing in these regions which will result in higher demand for calcium-rich bone meal supplement. The increasing market for the nutraceuticals and dietary supplements in these regions will further provide a thrust to the market of bone meal supplement. Besides, the market for bone meal supplement will increase with increasing calcium deficiency in the consumers and thus to prevent calcium deficiency and promote proper growth and development of bones the market for the bone meal supplement will rise. The regions like the Asia Pacific will also have a rising demand for bone meal supplement as a fertilizer due to large agriculture sector in the regions. The bone meal supplement nourishes the soil and helps in proper growth of the plant by providing nutrients and organic matter thus the market for bone meal supplement will witness a rising demand.
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