Animal Feed Organic Trace Mineral Market: By Product, By Application and Geography

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Animal Feed Organic Trace Mineral Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product (Zinc, Iron, Copper, Selenium, Others), By Application (Dairy Cattle, Beef, Poultry, Swine, Aquaculture, Pets, Others) and Region

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Animal Feed Organic Trace Mineral Market size was valued at US$ 550.3 million in 2023 and projected to reach US$ 935.3 million by 2030 and poised to grow at a 7.6% CAGR from 2024-2030. The market for organic substitutes is anticipated to increase as people become more conscious of the negative effects of inorganic trace minerals that contain heavy metal contamination. Organic trace minerals are vital nutrients used in trace amounts in animal feed, despite the high expense of these goods. The growing need for organic trace elements in animal feed is also attributed to several other factors, including the growing acceptance of water-soluble natural feed additives, rising meat consumption, and expanding animal feed sectors worldwide.The globalization of food consumption patterns, which is favouring animal-based proteins, is also contributing significantly to the expansion of the meat consumption industry worldwide and is expected to fuel the demand for organic trace minerals.

Animal Feed Organic Trace Mineral Market Key Developments

  • In September 2020, Bluestar Adisseo Company bought Framelco Group, a Dutch feed additive company. This strategic initiative aims to strengthen Bluestar Adisseo's position in the specialty feed components industry for animal nutrition. The acquisition aimed to use Framelco's experience to expand the specialist product area and strengthen Bluestar Adisseo's position as an industry leader.
  • In July 2020, Kemin Industries has announced intentions to establish a new quality control laboratory (QC lab) at company headquarters in Des Moines, Iowa, United States. The laboratory's goal was to improve Kemin's analytical skills, ensure rigorous quality control in manufacturing activities, and retain product specificity. The release of architectural designs demonstrated Kemin's commitment to enhancing its quality assurance systems and supporting its role in the animal nutrition sector

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Animal Feed Organic Trace Mineral Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

7.6%

Largest Market

North America

Fastest Growing Market

Asia Pacific

Animal Feed Organic Trace Mineral Market Dynamics

Paradigm shift towards ethically sourced and environmentally sustainable products in the animal feed additives is expected to unlock the potential of global animal feed organic trace minerals market. These consumer expectations are reflected in the preference for organic trace minerals in animal feed, which shows a dedication to giving animals nutrition that is thought to be healthier and more natural. Producers are prompted to add organic trace minerals into animal feed formulations to match the growing demands of a discriminating market, and this consumer-driven demand is a major driving force behind the market's expansion. Organic trace minerals are essential for maximizing an animal's ability to absorb nutrients and carry out metabolic activities, which enhances growth rates, reproductive success, and general health.

Animal Feed Organic Trace Mineral Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 550.3 million

Market Size in 2030

US$ 935.3 million

Market CAGR

7.6%

By Product

  • Zinc
  • Iron
  • Copper
  • Selenium
  • Others

By Application

  • Dairy Cattle
  • Beef
  • Poultry
  • Swine
  • Aquaculture
  • Pets
  • Others

By Region

  • North America
  • USA
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Russia
  • Rest of Europe
  • The Asia Pacific
  • China
  • India
  • Japan
  • ASEAN
  • Australia & New Zealand
  • Rest of Asia-Pacific
  • Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
  • MEA
  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA

Key Features of the Report

  • The animal feed organic trace mineral market report provides granular level information about the Market size, regional Market share, historic Market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key Market developments, and key strategies.
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the Market.
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the Market.
  • The report provides a plethora of information about Market entry strategies, regulatory framework, and reimbursement scenarios.
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis in addition to recent technology advancements and innovations in the market

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Frequently Asked Questions

Animal feed organic trace mineral market size was valued at US$ 550.3 Mn in 2023 and set to reach US$ 935.3 Mn by 2030 and growing at a 7.6% CAGR.

Key drivers driving market growth include growing awareness of the hazards of consuming inorganic trace minerals contaminated with heavy metals.

The consumer-driven demand is a crucial driver of market expansion, driving producers to include organic trace minerals into animal feed formulas to match the changing demands of discriminating consumers.

Market research is segmented based on based on product, application, and region.

Asia pacific is estimated to fastest growing with the highest CAGR over the forecast period.

Author image

Author

Manoj Kumar

Manoj Kumar is a postgraduate in Life Sciences with over seven years of dedicated experience in the fields of anima.....

1.Executive Summary
2.Global Animal Feed Organic Trace Mineral Market Introduction 
2.1.Global Animal Feed Organic Trace Mineral Market  - Taxonomy
2.2.Global Animal Feed Organic Trace Mineral Market  - Definitions
2.2.1.Product
2.2.2.Application
2.2.3.Region
3.Global Animal Feed Organic Trace Mineral Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Animal Feed Organic Trace Mineral Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Animal Feed Organic Trace Mineral Market  By Product, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Zinc
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Iron
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Copper
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Selenium
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
5.5. Others
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.5.3. Market Opportunity Analysis 
6.Global Animal Feed Organic Trace Mineral Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Dairy Cattle
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Beef
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Poultry
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Swine
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Aquaculture
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
6.6. Pets
6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.6.3. Market Opportunity Analysis 
6.7. Others
6.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.7.3. Market Opportunity Analysis 
7.Global Animal Feed Organic Trace Mineral Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Europe
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Asia Pacific (APAC)
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Middle East and Africa (MEA)
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Latin America
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.North America Animal Feed Organic Trace Mineral Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1.Zinc
8.1.2.Iron
8.1.3.Copper
8.1.4.Selenium
8.1.5.Others
8.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1.Dairy Cattle
8.2.2.Beef
8.2.3.Poultry
8.2.4.Swine
8.2.5.Aquaculture
8.2.6.Pets
8.2.7.Others
8.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.3.1.United States of America (USA)
8.3.2.Canada
9.Europe Animal Feed Organic Trace Mineral Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Product Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Zinc
9.1.2.Iron
9.1.3.Copper
9.1.4.Selenium
9.1.5.Others
9.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Dairy Cattle
9.2.2.Beef
9.2.3.Poultry
9.2.4.Swine
9.2.5.Aquaculture
9.2.6.Pets
9.2.7.Others
9.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Germany
9.3.2.France
9.3.3.Italy
9.3.4.United Kingdom (UK)
9.3.5.Spain
10.Asia Pacific (APAC) Animal Feed Organic Trace Mineral Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Product Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Zinc
10.1.2.Iron
10.1.3.Copper
10.1.4.Selenium
10.1.5.Others
10.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Dairy Cattle
10.2.2.Beef
10.2.3.Poultry
10.2.4.Swine
10.2.5.Aquaculture
10.2.6.Pets
10.2.7.Others
10.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.China
10.3.2.India
10.3.3.Australia and New Zealand (ANZ)
10.3.4.Japan
10.3.5.Rest of APAC
11.Middle East and Africa (MEA) Animal Feed Organic Trace Mineral Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Product Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Zinc
11.1.2.Iron
11.1.3.Copper
11.1.4.Selenium
11.1.5.Others
11.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Dairy Cattle
11.2.2.Beef
11.2.3.Poultry
11.2.4.Swine
11.2.5.Aquaculture
11.2.6.Pets
11.2.7.Others
11.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.GCC Countries
11.3.2.South Africa
11.3.3.Rest of MEA
12.Latin America Animal Feed Organic Trace Mineral Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Product Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Zinc
12.1.2.Iron
12.1.3.Copper
12.1.4.Selenium
12.1.5.Others
12.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Dairy Cattle
12.2.2.Beef
12.2.3.Poultry
12.2.4.Swine
12.2.5.Aquaculture
12.2.6.Pets
12.2.7.Others
12.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Brazil
12.3.2.Mexico
12.3.3.Rest of LA
13. Competition Landscape
13.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
13.2.1.Alltech Inc.
13.2.2.Biochem
13.2.3.Tanke International Group
13.2.4.Mercer Milling Co. Inc.
13.2.5.Novus International Inc.
13.2.6.Nutrco NV
13.2.7.Pancosma SA
13.2.8.Royal DSM NV
13.2.9.Zinpro Corp. 
13.2.10.Kemin Industries Inc
13.2.11.Cargill Inc.
13.2.12.Archer Daniels Midland Co.
14. Research Methodology 
15. Appendix and Abbreviations 

Key Market Players

  • Alltech Inc.
  • Biochem
  • Tanke International Group
  • Mercer Milling Co. Inc.
  • Novus International Inc.
  • Nutrco NV
  • Pancosma SA
  • Royal DSM NV
  • Zinpro Corp.
  • Kemin Industries Inc
  • Cargill Inc.
  • Archer Daniels Midland Co.

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