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Animal Feed

PUBLISHER: Grand View Research | PRODUCT CODE: 1554033

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PUBLISHER: Grand View Research | PRODUCT CODE: 1554033

Animal Feed Organic Trace Minerals Market Size, Share & Trends Analysis Report By Product (Zinc, Iron, Copper, Selenium), By Application, By Region, And Segment Forecasts, 2024 - 2030

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Description

Table of Contents

List of Tables

Animal Feed Organic Trace Minerals Market Growth & Trends:

The global animal feed organic trace minerals market size is anticipated to reach USD 1,244.6 million by 2030 and is anticipated to expand at a CAGR of 7.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growth of the market is fueled by the rising popularity of water-soluble natural feed additives, the expanding animal feed industry, and the increasing demand for meat & dairy products worldwide.

Zinc dominated the market in 2023 which is attributed to the use of zinc in feed to improve the immunity and metabolism of animals. The zinc segment was valued at USD 246.1 million in 2023 and is expected to reach USD 422.6 million by 2030, growing at a CAGR of 8.3% over the forecast period.

The poultry application segment accounted for the largest revenue share, 43.6% of the market in 2023, owing to the growing demand for animal protein sources in the U.S., China, etc.

Asia Pacific region dominated the market in 2023 which is attributed to the presence of stringent regulations in the region to improve animal health and productivity, along with a robust demand for high-quality meat and dairy products. The market in the region was valued at USD 284.7 million in 2023 and is expected to reach USD 482.4 million by 2030, growing at a CAGR of 8.1% over the forecast period.

Animal Feed Organic Trace Minerals Market Report Highlights:

  • Based on product, Zinc segment dominated the market with a market share of 32.8%, in 2023. The growth is attributed to the use of zinc in feed to improve the immunity and metabolism of animals
  • Based on application, the poultry segment dominated the market with a market share of 43.6%, in 2023. The growth is attributed to the growing demand for animal protein sources from the U.S., China, etc.
  • In April 2024, Starting May 1, 2024, Alltech became the distributor and importer of Agolin products in the U.S. and Canada. The company's high-quality essential oil blends are scientifically proven to improve feed intake and performance, resulting in enhanced milk and meat production in ruminants and non-ruminants.
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Product Code: 978-1-68038-065-1

Table of Contents

Chapter 1. Methodology and Scope

  • 1.1. Market Segmentation & Scope
  • 1.2. Market Definition
  • 1.3. Information Procurement
    • 1.3.1. Purchased Database
    • 1.3.2. GVR's Internal Database
    • 1.3.3. Secondary Sources & Third-Party Perspectives
    • 1.3.4. Primary Research
  • 1.4. Information Analysis
    • 1.4.1. Data Analysis Models
  • 1.5. Market Formulation & Data Visualization
  • 1.6. Data Validation & Publishing

Chapter 2. Executive Summary

  • 2.1. Market Snapshot
  • 2.2. Segment Snapshot
  • 2.3. Competitive Landscape Snapshot

Chapter 3. Animal Feed Organic Trace Minerals Market Variables, Trends & Scope

  • 3.1. Market Lineage Outlook
    • 3.1.1. Animal Feed Organic Trace Minerals Market Outlook
  • 3.2. Industry Value Chain Analysis
    • 3.2.1. Raw Material Outlook
  • 3.3. Regulatory Framework
  • 3.4. Market Dynamics
    • 3.4.1. Market Driver Analysis
    • 3.4.2. Market Restraint Analysis
    • 3.4.3. Industry Challenges
    • 3.4.4. Industry Opportunities
  • 3.5. Industry Analysis Tools
    • 3.5.1. Porter's Five Forces Analysis
    • 3.5.2. Macro-environmental Analysis

Chapter 4. Animal Feed Organic Trace Minerals Market: Product Categories Estimates & Trend Analysis

  • 4.1. Product Categories Movement Analysis & Market Share, 2023 & 2030
  • 4.2. Animal Feed Organic Trace Minerals Market Estimates & Forecast, By Product Categories, 2018 to 2030 (USD Million)
  • 4.3. Zinc
    • 4.3.1. Animal Feed Organic Trace Minerals Market Estimates and Forecasts, by Zinc 2018 - 2030 (USD Million)
  • 4.4. Iron
    • 4.4.1. Animal Feed Organic Trace Minerals Market Estimates and Forecasts, by Iron, 2018 - 2030 (USD Million)
  • 4.5. Copper
    • 4.5.1. Animal Feed Organic Trace Minerals Market Estimates and Forecasts, by Copper, 2018 - 2030 (USD Million)
  • 4.6. Selenium
    • 4.6.1. Animal Feed Organic Trace Minerals Market Estimates and Forecasts, by Selenium, 2018 - 2030 (USD Million)
  • 4.7. Other Products
    • 4.7.1. Animal Feed Organic Trace Minerals Market Estimates and Forecasts, by Other Products, 2018 - 2030 (USD Million)

Chapter 5. Animal Feed Organic Trace Minerals Market: Application Estimates & Trend Analysis

  • 5.1. Application Movement Analysis & Market Share, 2023 & 2030
  • 5.2. Animal Feed Organic Trace Minerals Market Estimates & Forecast, By Application, 2018 to 2030 (USD Million)
  • 5.3. Dairy Cattle
    • 5.3.1. Animal Feed Organic Trace Minerals Market Estimates and Forecasts, in Dairy Cattle, 2018 - 2030 (USD Million)
  • 5.4. Poultry
    • 5.4.1. Animal Feed Organic Trace Minerals Market Estimates and Forecasts, in Poultry, 2018 - 2030 (USD Million)
  • 5.5. Horses
    • 5.5.1. Animal Feed Organic Trace Minerals Market Estimates and Forecasts, in horses, 2018 - 2030 (USD Million)
  • 5.6. Pigs
    • 5.6.1. Animal Feed Organic Trace Minerals Market Estimates and Forecasts, in Pigs, 2018 - 2030 (USD Million)
  • 5.7. Other Applications
    • 5.7.1. Animal Feed Organic Trace Minerals Market Estimates and Forecasts, Other Applications, 2018 - 2030 (USD Million)

Chapter 6. Animal Feed Organic Trace Minerals Market: Regional Estimates & Trend Analysis

  • 6.1. Regional Movement Analysis & Market Share, 2023 & 2030
  • 6.2. North America
    • 6.2.1. North America Animal Feed Organic Trace Minerals Estimates & Forecast, 2018 - 2030 (USD Million)
    • 6.2.2. U.S.
      • 6.2.2.1. Key country dynamics
      • 6.2.2.2. U.S. Animal Feed Organic Trace Minerals Market Estimates & Forecast, 2018 - 2030 (USD Million)
    • 6.2.3. Canada
      • 6.2.3.1. Key country dynamics
      • 6.2.3.2. Canada Animal Feed Organic Trace Minerals Market Estimates & Forecast, 2018 - 2030 (USD Million)
    • 6.2.4. Mexico
      • 6.2.4.1. Key Country Dynamics
      • 6.2.4.2. Mexico Animal Feed Organic Trace Minerals Market Estimates & Forecast, 2018 - 2030 (USD Million)
  • 6.3. Europe
    • 6.3.1. Europe Animal Feed Organic Trace Minerals Estimates & Forecast, 2018 - 2030 (USD Million)
    • 6.3.2. Germany
      • 6.3.2.1. Key country dynamics
      • 6.3.2.2. Germany Animal Feed Organic Trace Minerals Market Estimates & Forecast, 2018 - 2030 (USD Million)
    • 6.3.3. Spain
      • 6.3.3.1. Key country dynamics
      • 6.3.3.2. Spain Animal Feed Organic Trace Minerals Market Estimates & Forecast, 2018 - 2030 (USD Million)
    • 6.3.4. UK
      • 6.3.4.1. Key Country Dynamics
      • 6.3.4.2. UK Animal Feed Organic Trace Minerals Market Estimates & Forecast, 2018 - 2030 (USD Million)
    • 6.3.5. France
      • 6.3.5.1. Key Country Dynamics
      • 6.3.5.2. France Animal Feed Organic Trace Minerals Market Estimates & Forecast, 2018 - 2030 (USD Million)
    • 6.3.6. Italy
      • 6.3.6.1. Key Country Dynamics
      • 6.3.6.2. Italy Animal Feed Organic Trace Minerals Market Estimates & Forecast, 2018 - 2030 (USD Million)
  • 6.4. Asia Pacific
    • 6.4.1. Asia Pacific Animal Feed Organic Trace Minerals Estimates & Forecast, 2018 - 2030 (USD Million)
    • 6.4.2. China
      • 6.4.2.1. Key country dynamics
      • 6.4.2.2. China Animal Feed Organic Trace Minerals Market Estimates & Forecast, 2018 - 2030 (USD Million)
    • 6.4.3. India
      • 6.4.3.1. Key country dynamics
      • 6.4.3.2. India Animal Feed Organic Trace Minerals Market Estimates & Forecast, 2018 - 2030 (USD Million)
    • 6.4.4. Japan
      • 6.4.4.1. Key Country Dynamics
      • 6.4.4.2. Japan Animal Feed Organic Trace Minerals Market Estimates & Forecast, 2018 - 2030 (USD Million)
    • 6.4.5. Australia
      • 6.4.5.1. Key Country Dynamics
      • 6.4.5.2. Australia Animal Feed Organic Trace Minerals Market Estimates & Forecast, 2018 - 2030 (USD Million)
    • 6.4.6. Vietnam
      • 6.4.6.1. Key Country Dynamics
      • 6.4.6.2. Vietnam Animal Feed Organic Trace Minerals Market Estimates & Forecast, 2018 - 2030 (USD Million)
    • 6.4.7. Indonesia
      • 6.4.7.1. Key Country Dynamics
      • 6.4.7.2. Indonesia Animal Feed Organic Trace Minerals Market Estimates & Forecast, 2018 - 2030 (USD Million)
  • 6.5. Central & South America
    • 6.5.1. Central & South America Animal Feed Organic Trace Minerals Estimates & Forecast, 2018 - 2030 (USD Million)
    • 6.5.2. Brazil
      • 6.5.2.1. Key country dynamics
      • 6.5.2.2. Brazil Animal Feed Organic Trace Minerals Market Estimates & Forecast, 2018 - 2030 (USD Million)
  • 6.6. Middle East & Africa
    • 6.6.1. Middle East & Africa Animal Feed Organic Trace Minerals Estimates & Forecast, 2018 - 2030 (USD Million)
    • 6.6.2. South Africa
      • 6.6.2.1. Key country dynamics
      • 6.6.2.2. South Africa Animal Feed Organic Trace Minerals Market Estimates & Forecast, 2018 - 2030 (USD Million)

Chapter 7. Animal Feed Organic Trace Minerals Market - Competitive Landscape

  • 7.1. Vendor Landscape
  • 7.2. Company Market Share/Position Analysis, 2023
  • 7.3. Strategy Mapping
  • 7.4. Company Profiles
    • 7.4.1. Alltech
      • 7.4.1.1. Participant's overview
      • 7.4.1.2. Financial performance
      • 7.4.1.3. Product benchmarking
      • 7.4.1.4. Recent developments
    • 7.4.2. ADM
      • 7.4.2.1. Participant's overview
      • 7.4.2.2. Financial performance
      • 7.4.2.3. Product benchmarking
      • 7.4.2.4. Recent developments
    • 7.4.3. Biochem
      • 7.4.3.1. Participant's overview
      • 7.4.3.2. Financial performance
      • 7.4.3.3. Product benchmarking
      • 7.4.3.4. Recent developments
    • 7.4.4. Tanke
      • 7.4.4.1. Participant's overview
      • 7.4.4.2. Financial performance
      • 7.4.4.3. Product benchmarking
      • 7.4.4.4. Recent developments
    • 7.4.5. Cargill, Incorporated
      • 7.4.5.1. Participant's overview
      • 7.4.5.2. Financial performance
      • 7.4.5.3. Product benchmarking
      • 7.4.5.4. Recent developments
    • 7.4.6. Kemin Industries, Inc.
      • 7.4.6.1. Participant's overview
      • 7.4.6.2. Financial performance
      • 7.4.6.3. Product benchmarking
      • 7.4.6.4. Recent developments
    • 7.4.7. Mercer Milling Company, Inc.
      • 7.4.7.1. Participant's overview
      • 7.4.7.2. Financial performance
      • 7.4.7.3. Product benchmarking
      • 7.4.7.4. Recent developments
    • 7.4.8. Novus International, Inc.
      • 7.4.8.1. Participant's overview
      • 7.4.8.2. Financial performance
      • 7.4.8.3. Product benchmarking
      • 7.4.8.4. Recent developments
    • 7.4.9. Nutreco
      • 7.4.9.1. Participant's overview
      • 7.4.9.2. Financial performance
      • 7.4.9.3. Product benchmarking
      • 7.4.9.4. Recent developments
    • 7.4.10. Pancosma
      • 7.4.10.1. Participant's overview
      • 7.4.10.2. Financial performance
      • 7.4.10.3. Product benchmarking
      • 7.4.10.4. Recent developments
    • 7.4.11. DSM
      • 7.4.11.1. Participant's overview
      • 7.4.11.2. Financial performance
      • 7.4.11.3. Product benchmarking
      • 7.4.11.4. Recent developments
    • 7.4.12. Zinpro
      • 7.4.12.1. Participant's overview
      • 7.4.12.2. Financial performance
      • 7.4.12.3. Product benchmarking
      • 7.4.12.4. Recent developments
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Product Code: 978-1-68038-065-1

List of Tables

  • Table 1 U.S. macro-economic outlay
  • Table 2 Canada macro-economic outlay
  • Table 3 Mexico macro-economic outlay
  • Table 4 Germany macro-economic outlay
  • Table 5 Spain macro-economic outlay
  • Table 6 UK macro-economic outlay
  • Table 7 France macro-economic outlay
  • Table 8 Italy macro-economic outlay
  • Table 9 China macro-economic outlay
  • Table 10 Japan macro-economic outlay
  • Table 11 India macro-economic outlay
  • Table 12 Australia macro-economic outlay
  • Table 13 Vietnam macro-economic outlay
  • Table 14 Indonesia macro-economic outlay
  • Table 15 Brazil macro-economic outlay
  • Table 16 South Africa macro-economic outlay
  • Table 17 Key Companies Involved In Joint Venture/Partnerships/Agreements
  • Table 18 Key Companies Involved In Product Launches
  • Table 19 Key Companies Involved In Expansions
  • Table 20 Key Companies Involved In Mergers & Acquisitions
  • Table 21 Participant's Overview
  • Table 22 Financial Performance
  • Table 23 Product Benchmarking

List of Figures

  • Fig. 1 Animal Feed Organic Trace Minerals Market Segmentation
  • Fig. 2 Information Procurement
  • Fig. 3 Data Analysis Models
  • Fig. 4 Market Production And Validation
  • Fig. 5 Data Validating & Publishing
  • Fig. 6 Animal Feed Organic Trace Minerals Market Snapshot
  • Fig. 7 Animal Feed Organic Trace Minerals Market Segmental Outlook, 2023 (USD Million)
  • Fig. 8 Animal Feed Organic Trace Minerals Market: Competitive Insights
  • Fig. 9 Global Animal Feed Additives & Animal Feed Organic Trace Minerals Market, 2023 (USD Million)
  • Fig. 10 Global Animal Feed Organic Trace Minerals Market Value Chain Analysis
  • Fig. 11 Animal Feed Organic Trace Minerals Market Dynamics
  • Fig. 12 Animal Feed Organic Trace Minerals Market: Porter's Analysis
  • Fig. 13 Animal Feed Organic Trace Minerals Market: Pestel Analysis
  • Fig. 14 Animal Feed Organic Trace Minerals Market Analysis & Segment Forecast, By Product, 2018 - 2030 (USD Million)
  • Fig. 15 Animal Feed Organic Trace Minerals Market Analysis & Segment Forecast, By Zinc, 2018 - 2030 (USD Million)
  • Fig. 16 Animal Feed Organic Trace Minerals Market Analysis & Segment Forecast, By Iron, 2018 - 2030 (USD Million)
  • Fig. 17 Animal Feed Organic Trace Minerals Market Analysis & Segment Forecast, By Copper, 2018 - 2030 (USD Million)
  • Fig. 18 Animal Feed Organic Trace Minerals Market Analysis & Segment Forecast, By Selenium, 2018 - 2030 (USD Million)
  • Fig. 19 Animal Feed Organic Trace Minerals Market Analysis & Segment Forecast, By Other Products, 2018 - 2030 (USD Million)
  • Fig. 20 Animal Feed Organic Trace Minerals Market Analysis & Segment Forecast, By Application, 2018 - 2030 (USD Million)
  • Fig. 21 Animal Feed Organic Trace Minerals Market Analysis & Segment Forecast, In Diary Cattle, 2018 - 2030 (USD Million)
  • Fig. 22 Animal Feed Organic Trace Minerals Market Analysis & Segment Forecast, In Poultry, 2018 - 2030 (USD Million)
  • Fig. 23 Animal Feed Organic Trace Minerals Market Analysis & Segment Forecast, In Horses, 2018 - 2030 (USD Million)
  • Fig. 24 Animal Feed Organic Trace Minerals Market Analysis & Segment Forecast, In Pigs, 2018 - 2030 (USD Million)
  • Fig. 25 Animal Feed Organic Trace Minerals Market Analysis & Segment Forecast, In Other Applications, 2018 - 2030 (USD Million)
  • Fig. 26 Animal Feed Organic Trace Minerals Market, By Region, 2023 & 2030 (%)
  • Fig. 27 North America Animal Feed Organic Trace Minerals Market Analysis & Segment Forecast, 2018 - 2030 (USD Million)
  • Fig. 28 U.S. Animal Feed Organic Trace Minerals Market Analysis & Segment Forecast, 2018 - 2030 (USD Million)
  • Fig. 29 Canada Animal Feed Organic Trace Minerals Market Analysis & Segment Forecast, 2018 - 2030 (USD Million)
  • Fig. 30 Mexico Animal Feed Organic Trace Minerals Market Analysis & Segment Forecast, 2018 - 2030 (USD Million)
  • Fig. 31 Germany Animal Feed Organic Trace Minerals Market Analysis & Segment Forecast, 2018 - 2030 (USD Million)
  • Fig. 32 Spain Animal Feed Organic Trace Minerals Market Analysis & Segment Forecast, 2018 - 2030 (USD Million)
  • Fig. 33 UK Animal Feed Organic Trace Minerals Market Analysis & Segment Forecast, 2018 - 2030 (USD Million)
  • Fig. 34 Italy Animal Feed Organic Trace Minerals Market Analysis & Segment Forecast, 2018 - 2030 (USD Million)
  • Fig. 35 France Animal Feed Organic Trace Minerals Market Analysis & Segment Forecast, 2018 - 2030 (USD Million)
  • Fig. 36 China Animal Feed Organic Trace Minerals Market Analysis & Segment Forecast, 2018 - 2030 (USD Million)
  • Fig. 37 India Animal Feed Organic Trace Minerals Market Analysis & Segment Forecast, 2018 - 2030 (USD Million)
  • Fig. 38 Japan Animal Feed Organic Trace Minerals Market Analysis & Segment Forecast, 2018 - 2030 (USD Million)
  • Fig. 39 Australia Animal Feed Organic Trace Minerals Market Analysis & Segment Forecast, 2018 - 2030 (USD Million)
  • Fig. 40 Vietnam Animal Feed Organic Trace Minerals Market Analysis & Segment Forecast, 2018 - 2030 (USD Million)
  • Fig. 41 Indonesia Animal Feed Organic Trace Minerals Market Analysis & Segment Forecast, 2018 - 2030 (USD Million)
  • Fig. 42 Brazil Animal Feed Organic Trace Minerals Market Analysis & Segment Forecast, 2018 - 2030 (USD Million)
  • Fig. 43 South Africa Animal Feed Organic Trace Minerals Market Analysis & Segment Forecast, 2018 - 2030 (USD Million)
  • Fig. 44 Animal Feed Organic Trace Minerals Market: Company Categorization
  • Fig. 45 Animal Feed Organic Trace Minerals Market: Company Market Share Analysis
  • Fig. 46 Animal Feed Organic Trace Minerals Market: Company Market Positioning Analysis
  • Fig. 47 Animal Feed Organic Trace Minerals Market: Strategy Mapping
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