Global Animal Feed Organic Trace Minerals Market Size, Trends & Analysis - Forecasts to 2028 By Product Type (Zinc, Iron, Copper, Selenium, Other Products), By Application (Horses, Dairy Cattle, Poultry, Pigs, Other Applications), By Region (North America, Asia Pacific, Central & South America, Europe, Middle East and Africa), Competitive Landscape, Company Market Share Analysis, and Competitor Analysis
The global animal feed organic trace minerals market is expected to grow at a CAGR of 7.7% from 2023 to 2028. Important elements such as zinc, copper, and manganese that are incorporated into animal feed in organic form in order to promote animal health and production are referred to as animal feed organic trace minerals.
Organic trace minerals are necessary for appropriate animal development and progress and must be consumed in modest amounts. Organic trace minerals are often obtained from plants, animals, or microorganisms and are more easily absorbed and utilized by mammals than inorganic trace minerals. Organic trace elements in animal feed have grown in popularity over the years due to their numerous advantages, which include higher bioavailability, less environmental impact, and improved animal health.
The need for high-quality animal protein products is rising, and organic trace elements are critical for cattle health and production. Consumers are growing more sensitive of animal welfare and health, while animal producers are implementing procedures that promote animal welfare and health. Antibiotic regulations in animal production have gotten more stringent, and organic trace elements can assist minimize the requirement for antibiotics while also improving animal health. Organic trace minerals offer various benefits over inorganic trace minerals, including greater bioavailability, stability, and absorption. Organic trace minerals are part of the evolution of animal nutrition technology that is being developed to increase animal health and production.
The animal feed organic trace minerals market is driven by several factors. One of the main drivers is the increasing demand for high-quality meat, dairy, and other animal products. This demand has led to a greater focus on animal nutrition and health, which has in turn created a growing demand for organic trace minerals in animal feed.
Another important driver of the market is the increasing awareness of the benefits of organic trace minerals over inorganic alternatives. Organic trace minerals are more easily absorbed and utilized by animals, leading to improved performance, productivity, and overall health. This has led many farmers and producers to switch to organic trace minerals in their animal feed. In addition, regulatory agencies are increasingly encouraging the use of organic trace minerals in animal feed as a means of reducing environmental pollution and improving food safety. This has led to greater adoption of organic trace minerals by animal feed manufacturers and producers.
The rise of the natural and organic food movement has led to a greater demand for organic and natural ingredients in all areas of the food industry, including animal feed. This trend is expected to continue driving growth in the animal feed organic trace minerals market in the coming years.
As per the product type, the zinc segment is expected to dominate the market in the forecast period. Zinc is the most significant trace element in animal feed because of its importance in animal growth and development, bioavailability, stability, and absorption. It is also more easily absorbed by animals than inorganic zinc, which reduces the quantity of mineral required in feed.
As per the application segment, the poultry segment is expected to dominate the market in the forecast period. Poultry is the most extensively eaten meat worldwide, resulting in a rise in output and demand for animal feed. Organic trace elements such as zinc, manganese, and copper are essential nutrients that may enhance the health and growth of poultry. They also lessen the environmental effect of animal production, making them a desirable substitute to synthetic minerals.
The North American region is analyzed to be the largest segment in the global animal feed organic trace minerals market in the forecast period. The animal nutrition sector in North America is well-developed, with modern technology and innovations utilized to increase animal health and production.
Antibiotic usage in animal agriculture is strictly regulated in North America, leading to a growth in the use of organic trace minerals as an alternative to antibiotics. North American consumers are becoming more conscious of the quality and safety of the food they consume, fuelling demand for animal products produced utilizing sustainable and ethical techniques.
Asia Pacific is also analyzed to be the fastest growing segment across the global animal feed organic trace minerals market. The APAC area has a rising population, resulting in an increase in demand for animal protein items such as meat, dairy, and eggs. This has boosted demand for animal feed, which includes organic trace minerals.
The importance of animal nutrition is becoming more widely recognized, with an increasing number of animal producers realizing the benefits of organic trace elements. The animal production business is receiving government assistance, including the implementation of sustainable and innovative animal production techniques. In recent years, the APAC area has had substantial economic expansion, which has raised demand for animal protein products and increased readiness to spend in animal nutrition.
The key players operating in the market include Alltech Inc., Archer Daniels Midland Co., Biochem, Tanke International Group, Cargill Inc., Kemin Industries Inc., Mercer Milling Co. Inc., Novus International Inc., Nutrco NV, Pancosma SA, Royal DSM NV and Zinpro Corp. among others.
Please note: This is not an exhaustive list of companies profiled in the report.
1 STRATEGIC INSIGHTS ON NEW REVENUE POCKETS
1.1 Strategic Opportunity & Attractiveness Analysis
1.1.1 Hot Revenue Pockets
1.1.2 Market Attractiveness Score
1.1.3 Revenue Impacting Opportunity
1.1.4 High Growing Region/Country
1.1.5 Competitor Analysis
1.1.6 Consumer Analysis
1.2 Global Market Estimates' View
1.3 Strategic Insights across Business Functions
1.3.1 For Chief Executive Officers
1.3.2 For Chief Marketing Officers
1.3.3 For Chief Strategy Officers
1.4 Evaluate the Potential of your Existing Business Lines vs. New Lines to Enter Into
2.1 Technological Adoption Rate
2.2 Current Trend Impact Analysis
2.3 Future Trend Impact Analysis
2.4 Data Metrics on Feed Stocks
3.1.2 Adjacent Market Opportunities
3.1.3 Ancillary Market Opportunities
3.2.1 Market Drivers: Impact Analysis
3.2.2 Market Restraints: Impact Analysis
3.2.3 Market OpportunIties: Impact Analysis
3.2.4 Market Challenges: Impact Analysis
3.3.1 Porter’s Five Forces Analysis
3.3.1.1 Threat of New Entrants
3.3.1.2 Threat of New Substitutes
3.3.1.3 Bargaining Power of Suppliers
3.3.1.4 Bargaining Power of Buyers
3.3.1.5 Intensity of Competitive Rivalry
3.3.2 SWOT Analysis; By Factor (Political & Legal, Economic, and Technological)
4 GLOBAL ANIMAL FEED ORGANIC TRACE MINERALS MARKET, BY PRODUCT TYPE
4.2 Animal Feed Organic Trace Minerals Market: Product Type Scope Key Takeaways
4.3 Revenue Growth Analysis, 2022 & 2028
4.4.1 Zinc Market Estimates and Forecast, 2020-2028 (USD Million)
4.5.1 Iron Market Estimates and Forecast, 2020-2028 (USD Million)
4.6.1 Copper Market Estimates and Forecast, 2020-2028 (USD Million)
4.7.1 Selenium Market Estimates and Forecast, 2020-2028 (USD Million)
4.8.1 Other Products Market Estimates and Forecast, 2020-2028 (USD Million)
5 GLOBAL ANIMAL FEED ORGANIC TRACE MINERALS MARKET, BY APPLICATION
5.2 Animal Feed Organic Trace Minerals Market: Application Scope Key Takeaways
5.3 Revenue Growth Analysis, 2022 & 2028
5.4.1 Dairy Cattle Market Estimates And Forecast, 2020-2028 (USD Million)
5.5.1 Horses Market Estimates And Forecast, 2020-2028 (USD Million)
5.6.1 Poultry Market Estimates And Forecast, 2020-2028 (USD Million)
5.7.1 Pigs Market Estimates And Forecast, 2020-2028 (USD Million)
5.8.1 Other Applications Market Estimates And Forecast, 2020-2028 (USD Million)
6 GLOBAL ANIMAL FEED ORGANIC TRACE MINERALS MARKET, BY REGION
6.3 Europe Animal Feed Organic Trace Minerals Market Estimates and Forecast, 2020-2028 (USD Million)
7.1 Company Market Share Analysis
7.2 Four Quadrant Positioning Matrix
7.4.1.1 Business Description & Financial Analysis
7.4.1.3 Products & Services Offered
7.4.1.4 Strategic Alliances between Business Partners
7.4.2 Archer Daniels Midland Co.
7.4.2.1 Business Description & Financial Analysis
7.4.2.3 Products & Services Offered
7.4.2.4 Strategic Alliances between Business Partners
7.4.3.1 Business Description & Financial Analysis
7.4.3.3 Products & Services Offered
7.4.3.4 Strategic Alliances between Business Partners
7.4.4 Tanke International Group
7.4.4.1 Business Description & Financial Analysis
7.4.4.3 Products & Services Offered
7.4.4.4 Strategic Alliances between Business Partners
7.4.5.1 Business Description & Financial Analysis
7.4.5.3 Products & Services Offered
7.4.5.4 Strategic Alliances between Business Partners
7.4.6.1 Business Description & Financial Analysis
7.4.6.3 Products & Services Offered
7.4.6.4 Strategic Alliances between Business Partners
7.4.7.1 Business Description & Financial Analysis
7.4.7.3 Products & Services Offered
7.4.7.4 Strategic Alliances between Business Partners
7.4.8 Novus International Inc.
7.4.8.1 Business Description & Financial Analysis
7.4.8.3 Products & Services Offered
7.4.8.4 Strategic Alliances between Business Partners
7.4.9.1 Business Description & Financial Analysis
7.4.9.3 Products & Services Offered
7.4.9.4 Strategic Alliances between Business Partners
7.4.10.1 Business Description & Financial Analysis
7.4.10.3 Products & Services Offered
7.4.10.4 Strategic Alliances between Business Partners
8.1.2 Market Scope & Segmentation
8.2.1.2 GMEs Internal Data Repository
8.2.1.3 Secondary Resources & Third Party Perspectives
8.2.1.4 Company Information Sources
8.2.2.1 Various Application of Respondents for Primary Interviews
8.2.2.2 Number of Interviews Conducted throughout the Research Process
8.2.2.4 Discussion Guide for Primary Participants
8.2.3.1 Expert Panels Across 30+ Industry
8.2.4.1 Paid Local Experts Across 30+ Industry Across each Region
8.3.1.1 Macro-Economic Indicators Considered
8.3.1.2 Micro-Economic Indicators Considered
8.3.2.1 Company Share Analysis Approach
8.3.2.2 Estimation of Potential Product Sales
8.4.2 Time Series, Cross Sectional & Panel Data Analysis
8.5.1 Inhouse AI Based Real Time Analytics Tool
8.5.2 Output From Desk & Primary Research
8.6 Research Assumptions & Limitations
LIST OF TABLES
1 Global Animal Feed Organic Trace Minerals Market, By Product Type, 2020-2028 (USD Mllion)
2 Zinc Market, By Region, 2020-2028 (USD Mllion)
3 Iron Market, By Region, 2020-2028 (USD Mllion)
4 Copper Market, By Region, 2020-2028 (USD Mllion)
5 Selenium Market, By Region, 2020-2028 (USD Mllion)
6 Other Products Market, By Region, 2020-2028 (USD Mllion)
7 Global Animal Feed Organic Trace Minerals Market, By Application, 2020-2028 (USD Mllion)
8 Dairy Cattle Market, By Region, 2020-2028 (USD Mllion)
9 Horses Market, By Region, 2020-2028 (USD Mllion)
10 Poultry Market, By Region, 2020-2028 (USD Mllion)
11 Pigs Market, By Region, 2020-2028 (USD Mllion)
12 Other Apllications Market, By Region, 2020-2028 (USD Mllion)
13 Regional Analysis, 2020-2028 (USD Mllion)
14 North America Animal Feed Organic Trace Minerals Market, By Product Type, 2020-2028 (USD Mllion)
15 North America Animal Feed Organic Trace Minerals Market, By Application, 2020-2028 (USD Mllion)
16 U.S. Animal Feed Organic Trace Minerals Market, By Product Type, 2020-2028 (USD Mllion)
17 U.S. Animal Feed Organic Trace Minerals Market, By Application, 2020-2028 (USD Mllion)
18 Canada Animal Feed Organic Trace Minerals Market, By Product Type, 2020-2028 (USD Mllion)
19 Canada Animal Feed Organic Trace Minerals Market, By Application, 2020-2028 (USD Mllion)
20 Mexico Animal Feed Organic Trace Minerals Market, By Product Type, 2020-2028 (USD Mllion)
21 Mexico Animal Feed Organic Trace Minerals Market, By Application, 2020-2028 (USD Mllion)
22 Europe Animal Feed Organic Trace Minerals Market, By Product Type, 2020-2028 (USD Mllion)
23 Europe Animal Feed Organic Trace Minerals Market, By Application, 2020-2028 (USD Mllion)
24 Germany Animal Feed Organic Trace Minerals Market, By Product Type, 2020-2028 (USD Mllion)
25 Germany Animal Feed Organic Trace Minerals Market, By Application, 2020-2028 (USD Mllion)
26 U.K. Animal Feed Organic Trace Minerals Market, By Product Type, 2020-2028 (USD Mllion)
27 U.K. Animal Feed Organic Trace Minerals Market, By Application, 2020-2028 (USD Mllion)
28 France Animal Feed Organic Trace Minerals Market, By Product Type, 2020-2028 (USD Mllion)
29 France Animal Feed Organic Trace Minerals Market, By Application, 2020-2028 (USD Mllion)
30 Italy Animal Feed Organic Trace Minerals Market, By Product Type, 2020-2028 (USD Mllion)
31 Italy Animal Feed Organic Trace Minerals Market, By Application, 2020-2028 (USD Mllion)
32 Spain Animal Feed Organic Trace Minerals Market, By Product Type, 2020-2028 (USD Mllion)
33 Spain Animal Feed Organic Trace Minerals Market, By Application, 2020-2028 (USD Mllion)
34 Netherlands Animal Feed Organic Trace Minerals Market, By Product Type, 2020-2028 (USD Mllion)
35 Netherlands Animal Feed Organic Trace Minerals Market, By Application, 2020-2028 (USD Mllion)
36 Rest Of Europe Animal Feed Organic Trace Minerals Market, By Product Type, 2020-2028 (USD Mllion)
37 Rest Of Europe Animal Feed Organic Trace Minerals Market, By Application, 2020-2028 (USD Mllion)
38 Asia Pacific Animal Feed Organic Trace Minerals Market, By Product Type, 2020-2028 (USD Mllion)
39 Asia Pacific Animal Feed Organic Trace Minerals Market, By Application, 2020-2028 (USD Mllion)
40 China Animal Feed Organic Trace Minerals Market, By Product Type, 2020-2028 (USD Mllion)
41 China Animal Feed Organic Trace Minerals Market, By Application, 2020-2028 (USD Mllion)
42 Japan Animal Feed Organic Trace Minerals Market, By Product Type, 2020-2028 (USD Mllion)
43 Japan Animal Feed Organic Trace Minerals Market, By Application, 2020-2028 (USD Mllion)
44 India Animal Feed Organic Trace Minerals Market, By Product Type, 2020-2028 (USD Mllion)
45 India Animal Feed Organic Trace Minerals Market, By Application, 2020-2028 (USD Mllion)
46 South Korea Animal Feed Organic Trace Minerals Market, By Product Type, 2020-2028 (USD Mllion)
47 South Korea Animal Feed Organic Trace Minerals Market, By Application, 2020-2028 (USD Mllion)
48 Singapore Animal Feed Organic Trace Minerals Market, By Product Type, 2020-2028 (USD Mllion)
49 Singapore Animal Feed Organic Trace Minerals Market, By Application, 2020-2028 (USD Mllion)
50 Thailand Animal Feed Organic Trace Minerals Market, By Product Type, 2020-2028 (USD Mllion)
51 Thailand Animal Feed Organic Trace Minerals Market, By Application, 2020-2028 (USD Mllion)
52 Malaysia Animal Feed Organic Trace Minerals Market, By Product Type, 2020-2028 (USD Mllion)
53 Malaysia Animal Feed Organic Trace Minerals Market, By Application, 2020-2028 (USD Mllion)
54 Indonesia Animal Feed Organic Trace Minerals Market, By Product Type, 2020-2028 (USD Mllion)
55 Indonesia Animal Feed Organic Trace Minerals Market, By Application, 2020-2028 (USD Mllion)
56 Vietnam Animal Feed Organic Trace Minerals Market, By Product Type, 2020-2028 (USD Mllion)
57 Vietnam Animal Feed Organic Trace Minerals Market, By Application, 2020-2028 (USD Mllion)
58 Taiwan Animal Feed Organic Trace Minerals Market, By Product Type, 2020-2028 (USD Mllion)
59 Taiwan Animal Feed Organic Trace Minerals Market, By Application, 2020-2028 (USD Mllion)
60 Rest of APAC Animal Feed Organic Trace Minerals Market, By Product Type, 2020-2028 (USD Mllion)
61 Rest of APAC Animal Feed Organic Trace Minerals Market, By Application, 2020-2028 (USD Mllion)
62 Middle East & Africa Animal Feed Organic Trace Minerals Market, By Product Type, 2020-2028 (USD Mllion)
63 Middle East & Africa Animal Feed Organic Trace Minerals Market, By Application, 2020-2028 (USD Mllion)
64 Saudi Arabia Animal Feed Organic Trace Minerals Market, By Product Type, 2020-2028 (USD Mllion)
65 Saudi Arabia Animal Feed Organic Trace Minerals Market, By Application, 2020-2028 (USD Mllion)
66 UAE Animal Feed Organic Trace Minerals Market, By Product Type, 2020-2028 (USD Mllion)
67 UAE Animal Feed Organic Trace Minerals Market, By Application, 2020-2028 (USD Mllion)
68 Israel Animal Feed Organic Trace Minerals Market, By Product Type, 2020-2028 (USD Mllion)
69 Israel Animal Feed Organic Trace Minerals Market, By Application, 2020-2028 (USD Mllion)
70 South Africa Animal Feed Organic Trace Minerals Market, By Product Type, 2020-2028 (USD Mllion)
71 South Africa Animal Feed Organic Trace Minerals Market, By Application, 2020-2028 (USD Mllion)
72 Rest Of Middle East & Africa Animal Feed Organic Trace Minerals Market, By Product Type, 2020-2028 (USD Mllion)
73 Rest Of Middle East & Africa Animal Feed Organic Trace Minerals Market, By Application, 2020-2028 (USD Mllion)
74 Central & South America Animal Feed Organic Trace Minerals Market, By Product Type, 2020-2028 (USD Mllion)
75 Central & South America Animal Feed Organic Trace Minerals Market, By Application, 2020-2028 (USD Mllion)
76 Brazil Animal Feed Organic Trace Minerals Market, By Product Type, 2020-2028 (USD Mllion)
77 Brazil Animal Feed Organic Trace Minerals Market, By Application, 2020-2028 (USD Mllion)
78 Chile Animal Feed Organic Trace Minerals Market, By Product Type, 2020-2028 (USD Mllion)
79 Chile Animal Feed Organic Trace Minerals Market, By Application, 2020-2028 (USD Mllion)
80 Argentina Animal Feed Organic Trace Minerals Market, By Product Type, 2020-2028 (USD Mllion)
81 Argentina Animal Feed Organic Trace Minerals Market, By Application, 2020-2028 (USD Mllion)
82 Rest Of Central & South America Animal Feed Organic Trace Minerals Market, By Product Type, 2020-2028 (USD Mllion)
83 Rest Of Central & South America Animal Feed Organic Trace Minerals Market, By Application, 2020-2028 (USD Mllion)
84 Alltech Inc. : Products & Services Offering
85 Archer Daniels Midland Co.: Products & Services Offering
86 Biochem: Products & Services Offering
87 Tanke International Group: Products & Services Offering
88 Cargill Inc.: Products & Services Offering
89 KEMIN INDUSTRIES INC: Products & Services Offering
90 Mercer Milling Co. Inc. : Products & Services Offering
91 Novus International Inc.: Products & Services Offering
92 Nutrco NV, Inc: Products & Services Offering
93 Other Companies: Products & Services Offering
LIST OF FIGURES
1 Global Animal Feed Organic Trace Minerals Market Overview
2 Global Animal Feed Organic Trace Minerals Market Value From 2020-2028 (USD Mllion)
3 Global Animal Feed Organic Trace Minerals Market Share, By Product Type (2022)
4 Global Animal Feed Organic Trace Minerals Market Share, By Application (2022)
5 Global Animal Feed Organic Trace Minerals Market, By Region (Asia Pacific Market)
6 Technological Trends In Global Animal Feed Organic Trace Minerals Market
7 Four Quadrant Competitor Positioning Matrix
8 Impact Of Macro & Micro Indicators On The Market
9 Impact Of Key Drivers On The Global Animal Feed Organic Trace Minerals Market
10 Impact Of Challenges On The Global Animal Feed Organic Trace Minerals Market
11 Porter’s Five Forces Analysis
12 Global Animal Feed Organic Trace Minerals Market: By Product Type Scope Key Takeaways
13 Global Animal Feed Organic Trace Minerals Market, By Product Type Segment: Revenue Growth Analysis
14 Zinc Market, By Region, 2020-2028 (USD Mllion)
15 Iron Market, By Region, 2020-2028 (USD Mllion)
16 Copper Market, By Region, 2020-2028 (USD Mllion)
17 Selenium Market, By Region, 2020-2028 (USD Mllion)
18 Other Products Market, By Region, 2020-2028 (USD Mllion)
19 Global Animal Feed Organic Trace Minerals Market: By Application Scope Key Takeaways
20 Global Animal Feed Organic Trace Minerals Market, By Application Segment: Revenue Growth Analysis
21 Dairy Cattle Market, By Region, 2020-2028 (USD Mllion)
22 Horses Market, By Region, 2020-2028 (USD Mllion)
23 Poultry Market, By Region, 2020-2028 (USD Mllion)
24 Pigs Market, By Region, 2020-2028 (USD Mllion)
25 Other Applications Market, By Region, 2020-2028 (USD Mllion)
26 Regional Segment: Revenue Growth Analysis
27 Global Animal Feed Organic Trace Minerals Market: Regional Analysis
28 North America Animal Feed Organic Trace Minerals Market Overview
29 North America Animal Feed Organic Trace Minerals Market, By Product Type
30 North America Animal Feed Organic Trace Minerals Market, By Application
31 North America Animal Feed Organic Trace Minerals Market, By Country
32 U.S. Animal Feed Organic Trace Minerals Market, By Product Type
33 U.S. Animal Feed Organic Trace Minerals Market, By Application
34 Canada Animal Feed Organic Trace Minerals Market, By Product Type
35 Canada Animal Feed Organic Trace Minerals Market, By Application
36 Mexico Animal Feed Organic Trace Minerals Market, By Product Type
37 Mexico Animal Feed Organic Trace Minerals Market, By Application
38 Four Quadrant Positioning Matrix
39 Company Market Share Analysis
40 Alltech Inc. : Company Snapshot
41 Alltech Inc. : SWOT Analysis
42 Alltech Inc. : Geographic Presence
43 Archer Daniels Midland Co.: Company Snapshot
44 Archer Daniels Midland Co.: SWOT Analysis
45 Archer Daniels Midland Co.: Geographic Presence
46 Biochem: Company Snapshot
47 Biochem: SWOT Analysis
48 Biochem: Geographic Presence
49 Tanke International Group: Company Snapshot
50 Tanke International Group: Swot Analysis
51 Tanke International Group: Geographic Presence
52 Cargill Inc.: Company Snapshot
53 Cargill Inc.: SWOT Analysis
54 Cargill Inc.: Geographic Presence
55 Kemin Industries Inc: Company Snapshot
56 Kemin Industries Inc: SWOT Analysis
57 Kemin Industries Inc: Geographic Presence
58 Mercer Milling Co. Inc. : Company Snapshot
59 Mercer Milling Co. Inc. : SWOT Analysis
60 Mercer Milling Co. Inc. : Geographic Presence
61 Novus International Inc.: Company Snapshot
62 Novus International Inc.: SWOT Analysis
63 Novus International Inc.: Geographic Presence
64 Nutrco NV, Inc.: Company Snapshot
65 Nutrco NV, Inc.: SWOT Analysis
66 Nutrco NV, Inc.: Geographic Presence
67 Other Companies: Company Snapshot
68 Other Companies: SWOT Analysis
69 Other Companies: Geographic Presence
The Global Animal Feed Organic Trace Minerals Market has been studied from the year 2019 till 2028. However, the CAGR provided in the report is from the year 2023 to 2028. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Animal Feed Organic Trace Minerals Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.
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