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PUBLISHER: IMARC | PRODUCT CODE: 1541616
PUBLISHER: IMARC | PRODUCT CODE: 1541616
Animal Feed Organic Trace Minerals Market Report by Trace Element Type (Zinc, Iron, Copper, Manganese, Selenium, and Others), Animal Type (Dairy Cattle, Beef, Poultry, Swine, Aquaculture, Pets, and Others), and Region 2024-2032
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The global animal feed organic trace minerals market size reached US$ 758.0 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,302.7 Million by 2032, exhibiting a growth rate (CAGR) of 6.01% during 2024-2032.
Animal feed organic trace minerals include essential nutrients, such as iron, copper, manganese, zinc, and selenium, that are used in animal feed production. They are incorporated in small quantities to improve the feed quality and boost animal health. Animal feed organic trace minerals enhance animals' immunity and metabolism while improving the fertility rate. As compared to inorganic trace minerals, organic trace minerals are a bioavailable source and help in achieving the same production goals by feeding small amounts of nutrients from organic sources. As a result, these minerals are commonly used for pets, swine, dairy cattle, beef, and aquaculture animals.
Animal Feed Organic Trace Minerals Market Trends:
The increasing meat consumption across the globe is creating a positive outlook for the market. In line with this, the rising consumer awareness and inclination toward high-protein foods, such as chicken, pork, and eggs, in their daily diets are favoring the market growth. Additionally, the growing demand for trace organic minerals in animal feed due to the rising concerns about environmental pollution caused by the extensive use of chemicals in agriculture is favoring the market growth. Apart from this, the utilization of zinc and amino acids to strengthen eggshells in poultry and copper to improve the fertility of eggs is providing an impetus to the market growth. Furthermore, the implementation of various government initiatives, such as the ban on the use of synthetic and inorganic trace minerals containing heavy contaminants in feed products, is acting as another growth-inducing factor. Moreover, the growing demand for processed meat products, such as ready-made meals, due to their enhanced nutritional value, safety, and versatility, is positively influencing the market growth. Other factors, including the increasing efforts to produce healthy livestock, rising consumption of minerals for better metabolic processes, and significant growth in the animal feed industry, are supporting the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global animal feed organic trace minerals market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on trace element type and animal type.
Breakup by Trace Element Type:
Zinc
Iron
Copper
Manganese
Selenium
Others
Breakup by Animal Type:
Dairy Cattle
Beef
Poultry
Swine
Aquaculture
Pets
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Alltech, Archer-Daniels-Midland Company, BASF SE, Biochem Zusatzstoffe Handels- und Produktionsgesellschaft mbH, Cargill Incorporated, Kemin Industries Inc., Koninklijke DSM N.V, Novus International Inc. (Mitsui & Co. Ltd.), Nutreco N.V., Orffa Additives B.V., QualiTech and Zinpro Corporation.
Key Questions Answered in This Report
- 1. How big is the global animal feed organic trace minerals market?
- 2. What is the expected growth rate of the global animal feed organic trace minerals market during 2024-2032?
- 3. What are the key factors driving the global animal feed organic trace minerals market?
- 4. What has been the impact of COVID-19 on the global animal feed organic trace minerals market?
- 5. What is the breakup of the global animal feed organic trace minerals market based on the trace element type?
- 6. What is the breakup of the global animal feed organic trace minerals market based on the animal type?
- 7. What are the key regions in the global animal feed organic trace minerals market?
- 8. Who are the key players/companies in the global animal feed organic trace minerals market?
Product Code: SR112024A6395
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Animal Feed Organic Trace Minerals Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Trace Element Type
- 6.1 Zinc
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Iron
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Copper
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Manganese
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Selenium
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
- 6.6 Others
- 6.6.1 Market Trends
- 6.6.2 Market Forecast
7 Market Breakup by Animal Type
- 7.1 Dairy Cattle
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Beef
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Poultry
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Swine
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Aquaculture
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 7.6 Pets
- 7.6.1 Market Trends
- 7.6.2 Market Forecast
- 7.7 Others
- 7.7.1 Market Trends
- 7.7.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 SWOT Analysis
- 9.1 Overview
- 9.2 Strengths
- 9.3 Weaknesses
- 9.4 Opportunities
- 9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 Alltech
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.2 Archer-Daniels-Midland Company
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.3 BASF SE
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.4 Biochem Zusatzstoffe Handels- und Produktionsgesellschaft mbH
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.5 Cargill Incorporated
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.6 Kemin Industries Inc.
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.7 Koninklijke DSM N.V
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.8 Novus International Inc. (Mitsui & Co. Ltd.)
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.9 Nutreco N.V.
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.10 Orffa Additives B.V.
- 13.3.10.1 Company Overview
- 13.3.10.2 Product Portfolio
- 13.3.11 QualiTech
- 13.3.11.1 Company Overview
- 13.3.11.2 Product Portfolio
- 13.3.12 Zinpro Corporation
- 13.3.12.1 Company Overview
- 13.3.12.2 Product Portfolio
- 13.3.1 Alltech
Product Code: SR112024A6395
List of Figures
- Figure 1: Global: Animal Feed Organic Trace Minerals Market: Major Drivers and Challenges
- Figure 2: Global: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2018-2023
- Figure 3: Global: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 4: Global: Animal Feed Organic Trace Minerals Market: Breakup by Trace Element Type (in %), 2023
- Figure 5: Global: Animal Feed Organic Trace Minerals Market: Breakup by Animal Type (in %), 2023
- Figure 6: Global: Animal Feed Organic Trace Minerals Market: Breakup by Region (in %), 2023
- Figure 7: Global: Animal Feed Organic Trace Minerals (Zinc) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 8: Global: Animal Feed Organic Trace Minerals (Zinc) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 9: Global: Animal Feed Organic Trace Minerals (Iron) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: Animal Feed Organic Trace Minerals (Iron) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: Animal Feed Organic Trace Minerals (Copper) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: Animal Feed Organic Trace Minerals (Copper) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: Animal Feed Organic Trace Minerals (Manganese) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Animal Feed Organic Trace Minerals (Manganese) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Animal Feed Organic Trace Minerals (Selenium) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Animal Feed Organic Trace Minerals (Selenium) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: Animal Feed Organic Trace Minerals (Other Trace Element Types) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: Animal Feed Organic Trace Minerals (Other Trace Element Types) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: Global: Animal Feed Organic Trace Minerals (Dairy Cattle) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: Global: Animal Feed Organic Trace Minerals (Dairy Cattle) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: Global: Animal Feed Organic Trace Minerals (Beef) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: Global: Animal Feed Organic Trace Minerals (Beef) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: Global: Animal Feed Organic Trace Minerals (Poultry) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: Global: Animal Feed Organic Trace Minerals (Poultry) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Global: Animal Feed Organic Trace Minerals (Swine) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Global: Animal Feed Organic Trace Minerals (Swine) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: Global: Animal Feed Organic Trace Minerals (Aquaculture) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: Global: Animal Feed Organic Trace Minerals (Aquaculture) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: Global: Animal Feed Organic Trace Minerals (Pets) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: Global: Animal Feed Organic Trace Minerals (Pets) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: Global: Animal Feed Organic Trace Minerals (Other Animal Types) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: Global: Animal Feed Organic Trace Minerals (Other Animal Types) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: North America: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: North America: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: United States: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: United States: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: Canada: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: Canada: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: Asia-Pacific: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: Asia-Pacific: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: China: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: China: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: Japan: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: Japan: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: India: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: India: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: South Korea: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: South Korea: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: Australia: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: Australia: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: Indonesia: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: Indonesia: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: Others: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: Others: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: Europe: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: Europe: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: Germany: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: Germany: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: France: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: France: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: United Kingdom: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: United Kingdom: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: Italy: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: Italy: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: Spain: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: Spain: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 67: Russia: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 68: Russia: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 69: Others: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 70: Others: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 71: Latin America: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 72: Latin America: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 73: Brazil: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 74: Brazil: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 75: Mexico: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 76: Mexico: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 77: Others: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 78: Others: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 79: Middle East and Africa: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 80: Middle East and Africa: Animal Feed Organic Trace Minerals Market: Breakup by Country (in %), 2023
- Figure 81: Middle East and Africa: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 82: Global: Animal Feed Organic Trace Minerals Industry: SWOT Analysis
- Figure 83: Global: Animal Feed Organic Trace Minerals Industry: Value Chain Analysis
- Figure 84: Global: Animal Feed Organic Trace Minerals Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Animal Feed Organic Trace Minerals Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Animal Feed Organic Trace Minerals Market Forecast: Breakup by Trace Element Type (in Million US$), 2024-2032
- Table 3: Global: Animal Feed Organic Trace Minerals Market Forecast: Breakup by Animal Type (in Million US$), 2024-2032
- Table 4: Global: Animal Feed Organic Trace Minerals Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 5: Global: Animal Feed Organic Trace Minerals Market: Competitive Structure
- Table 6: Global: Animal Feed Organic Trace Minerals Market: Key Players
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