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Animal Feed Organic Trace Minerals Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global animal feed organic trace minerals market size reached US$ 654.81 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,002.7 Million by 2027, exhibiting a growth rate (CAGR) of 7.15% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

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 2022-2027. 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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Trace Element Type, Animal Type, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global animal feed organic trace minerals market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global animal feed organic trace minerals market?
  • What are the key regional markets?
  • What is the breakup of the market based on the trace element type?
  • What is the breakup of the market based on the animal type?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global animal feed organic trace minerals market and who are the key players?
  • What is the degree of competition in the industry?

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
    8.2    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
    8.3    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
    8.4    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
    8.5    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

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$), 2016-2021
Figure 3: Global: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Global: Animal Feed Organic Trace Minerals Market: Breakup by Trace Element Type (in %), 2021
Figure 5: Global: Animal Feed Organic Trace Minerals Market: Breakup by Animal Type (in %), 2021
Figure 6: Global: Animal Feed Organic Trace Minerals Market: Breakup by Region (in %), 2021
Figure 7: Global: Animal Feed Organic Trace Minerals (Zinc) Market: Sales Value (in Million US$), 2016 & 2021
Figure 8: Global: Animal Feed Organic Trace Minerals (Zinc) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 9: Global: Animal Feed Organic Trace Minerals (Iron) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Animal Feed Organic Trace Minerals (Iron) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Animal Feed Organic Trace Minerals (Copper) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Animal Feed Organic Trace Minerals (Copper) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Animal Feed Organic Trace Minerals (Manganese) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Animal Feed Organic Trace Minerals (Manganese) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Animal Feed Organic Trace Minerals (Selenium) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Animal Feed Organic Trace Minerals (Selenium) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Animal Feed Organic Trace Minerals (Other Trace Element Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Animal Feed Organic Trace Minerals (Other Trace Element Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Animal Feed Organic Trace Minerals (Dairy Cattle) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Animal Feed Organic Trace Minerals (Dairy Cattle) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Animal Feed Organic Trace Minerals (Beef) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Animal Feed Organic Trace Minerals (Beef) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Animal Feed Organic Trace Minerals (Poultry) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Animal Feed Organic Trace Minerals (Poultry) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Animal Feed Organic Trace Minerals (Swine) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Animal Feed Organic Trace Minerals (Swine) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Animal Feed Organic Trace Minerals (Aquaculture) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Animal Feed Organic Trace Minerals (Aquaculture) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Animal Feed Organic Trace Minerals (Pets) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Animal Feed Organic Trace Minerals (Pets) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Animal Feed Organic Trace Minerals (Other Animal Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Animal Feed Organic Trace Minerals (Other Animal Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: North America: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: North America: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: United States: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: United States: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Canada: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Canada: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Asia-Pacific: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Asia-Pacific: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: China: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: China: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Japan: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Japan: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: India: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: India: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: South Korea: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: South Korea: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Australia: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Australia: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Indonesia: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Indonesia: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Others: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Others: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Europe: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Europe: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Germany: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Germany: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: France: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: France: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: United Kingdom: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: United Kingdom: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Italy: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Italy: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Spain: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Spain: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Russia: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Russia: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Others: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Others: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Latin America: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Latin America: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Brazil: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Brazil: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Mexico: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Mexico: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Others: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Others: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Middle East and Africa: Animal Feed Organic Trace Minerals Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Middle East and Africa: Animal Feed Organic Trace Minerals Market: Breakup by Country (in %), 2021
Figure 81: Middle East and Africa: Animal Feed Organic Trace Minerals Market Forecast: Sales Value (in Million US$), 2022-2027
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, 2021 and 2027
Table 2: Global: Animal Feed Organic Trace Minerals Market Forecast: Breakup by Trace Element Type (in Million US$), 2022-2027
Table 3: Global: Animal Feed Organic Trace Minerals Market Forecast: Breakup by Animal Type (in Million US$), 2022-2027
Table 4: Global: Animal Feed Organic Trace Minerals Market Forecast: Breakup by Region (in Million US$), 2022-2027
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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