About Animal Salt Licks
Individual and population health are linked to geophagy, which is a technique for animals to enrich their meals or facilitate their digestive processes. Geophagic mammals and birds frequently seek for natural mineral or salt licks in their surroundings. Such licks are limited-space resources with mineral-rich soil, clay, or groundwater. Natural salt or mineral licks are significant supplies for wild animal populations, but they are restricted in space. Many animals frequent salt licks to participate in geophagy, which can help augment mineral intake, alleviate gastrointestinal problems, and buffer the effects of dietary contaminants. Salt licks are therefore favorable to the food, nutrition, and health of the animals that use them.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Animal Salt Licks market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Evolution Salt Co. (United States), Koyuncu Salt Factory (Turkey), Vision Crafted (India), Compass Minerals (United States), Naturo Healthplus (India), Millbry Hill (Armstrong Richardson) (United Kingdom), Nutribio Ltd (Ireland), Selrox Inc. (United States), Rajan Healthcare (India) and Minrosa (Bizboost Pty Ltd.) (Australia) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Nutri Bio (India), SALINS Group (France), KNZ (Netherlands) and Umaid Products (United States).
Segmentation Overview
AMA Research has segmented the market of Global Animal Salt Licks market by Type (Common Salt Block and Himalayan Salt Block) and Region.
On the basis of geography, the market of Animal Salt Licks has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Animal, the sub-segment i.e. Moose will boost the Animal Salt Licks market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use, the sub-segment i.e. Animal Farms will boost the Animal Salt Licks market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution, the sub-segment i.e. Animal Supplement Retail will boost the Animal Salt Licks market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
High Investment in Mineral Research
Market Growth Drivers:
Growth in Diary and Livestock Industry and Stringent Cattle Health Regulations
Challenges:
Market Penetration Across New Regions
Restraints:
Lack of Awareness and Malpractices and Misuse
Opportunities:
Increasing Demand Across European Regions
Key Target Audience
Animal Salt Licks Manufactures, New Entrants and Investors, Animal Salt Licks Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.