Global Zinc Methionine Chelates Market:
The global zinc methionine chelates market size is expected to exhibit a growth rate (CAGR) of 5.94% during 2024-2032. The growing awareness about animal nutrition among farmers is driving the adoption of feed supplements, which is stimulating the market.
Report Attribute
|
Key Statistics
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Base Year
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2023
|
Forecast Years
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2024-2032
|
Historical Years
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2018-2023
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Market Growth Rate 2024-2032 |
5.94% |
Zinc Methionine Chelates Market Analysis:
- Major Market Drivers: The increasing meat and dairy production activities worldwide are encouraging the use of high-quality animal feed to support better yields, which is propelling the market.
- Key Market Trends: The expanding livestock farming in developing regions is promoting the demand for nutritional supplements in feed, thereby acting as a growth-inducing factor.
- Competitive Landscape: Some of the major market companies include Alltech, Balchem Inc., Chaitanya Biologicals Private Limited, Chengdu Chelation Biology Technology Co. Ltd., JH Biotech Inc., Novus International Inc. (Mitsui & Co. Ltd.), Priya Chemicals, Titan Biotech Ltd., UNO VETCHEM, and Zinpro Corporation, among many others.
- Geographical Trends: In Asia Pacific, zinc methionine chelate demand is rising due to growing livestock production. In contrast, Europe emphasizes animal health regulations, and North America sees increasing use of dietary supplements. Meanwhile, Latin America experiences moderate growth in agriculture, and the Middle East and Africa witness emerging interest in livestock nutrition.
- Challenges and Opportunities: The limited awareness in certain regions is hindering the market. However, increasing education and promoting its benefits for animal nutrition through targeted marketing and research-backed evidence will continue to strengthen the market over the forecasted period.
Zinc Methionine Chelates Market Trends:
Higher Bioavailability for Superior Nutrient Absorption
Zinc methionine chelates offer higher bioavailability compared to inorganic forms of zinc. In addition, this allows the body to absorb and utilize zinc more effectively and, improving overall nutritional benefits. Moreover, enhanced absorption can lead to better metabolic functions, thereby supporting growth and development in both animals and humans. For instance, in January 2024, according to the research published by the National Library of Medicine, zinc methionine chelates gained attention for their higher bioavailability compared to inorganic zinc. It improves broiler growth, thereby promoting its use as a viable alternative in animal health and nutrition.
Sustainability in Poultry Farming with Reduced Excretion
Zinc methionine chelates reduce the environmental impact of zinc supplementation by lowering the amount of zinc excreted into the environment. In contrast, this promotes sustainable farming practices, as it minimizes soil and water contamination while still ensuring effective zinc uptake for optimal poultry performance. For instance, in July 2024, NOVUS highlighted research about zinc methionine chelates at the Poultry Science Association meeting. Their research demonstrated improved performance and reduced mineral excretion by replacing inorganic zinc with methionine-bound zinc, thereby promoting sustainability in poultry farming with enhanced nutrition.
Enhanced Gut Health and Immune Support
Zinc methionine chelates improve gut health by supporting better zinc retention and utilization in the body. In addition, this contributes to stronger immune functions and overall well-being, reducing the likelihood of disease and improving the health of animals and humans by maintaining proper gut flora balance and immune responses. For instance, in June 2024, L-OptiZinc zinc mono-L-methionine chelate gained recognition for its superior absorption, retention, and antioxidant properties. This 1:1 complex of zinc and methionine enhances health benefits, thereby making it a popular choice in dietary supplements for improved overall wellness.
Global Zinc Methionine Chelates Industry Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with the market forecast at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on livestock.
Breakup by Livestock:
- Bovine
- Poultry
- Swine
- Equine
- Aqua
- Others
The report has provided a detailed breakup and analysis of the market based on the livestock. This includes bovine, poultry, swine, equine, aqua, and others.
As per the zinc methionine chelates market outlook, it is used in livestock like bovine, poultry, swine, equine, aqua, and others to enhance growth, immunity, and reproductive health. On the contrary, they improve nutrient absorption, promote better performance, and support overall animal well-being in various species.
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and the Middle East and Africa.
In Asia Pacific, the market is driven by rising livestock feed demand in countries like China. Moreover, in Europe, the increasing awareness of animal nutrition boosts adoption, particularly in Germany and North America, sees strong growth due to advanced farming practices in the U.S., which is elevating the zinc methionine chelates market share. Meanwhile, Latin America focuses on enhancing feed quality and the Middle East and Africa's growing agricultural sector supports moderate market expansion. Collectively, these factors contribute to the market growth.
Competitive Landscape:
The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major market companies have also been provided. Some of the key players in the market include:
- Alltech
- Balchem Inc.
- Chaitanya Biologicals Private Limited
- Chengdu Chelation Biology Technology Co. Ltd.
- JH Biotech Inc.
- Novus International Inc. (Mitsui & Co. Ltd.)
- Priya Chemicals
- Titan Biotech Ltd.
- UNO VETCHEM
- Zinpro Corporation
(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)
Zinc Methionine Chelates Market Recent Developments:
- July 2024: NOVUS highlighted research about zinc methionine chelates at the Poultry Science Association meeting. Their research demonstrated improved performance and reduced mineral excretion by replacing inorganic zinc with methionine-bound zinc, thereby promoting sustainability in poultry farming with enhanced nutrition.
- June 2024: L-OptiZinc zinc mono-L-methionine chelate gained recognition for its superior absorption, retention, and antioxidant properties. This 1:1 complex of zinc and methionine enhances health benefits, thereby making it a popular choice in dietary supplements for improved overall wellness.
- January 2024: According to the research published by the National Library of Medicine, zinc methionine chelates gained attention for their higher bioavailability compared to inorganic zinc. It improves broiler growth, thereby promoting its use as a viable alternative in animal health and nutrition.
Zinc Methionine Chelates Market Report Scope:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
|
Livestocks Covered |
Bovine, Poultry, Swine, Equine, Aqua, Others |
Regions 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, Balchem Inc., Chaitanya Biologicals Private Limited, Chengdu Chelation Biology Technology Co. Ltd., JH Biotech Inc., Novus International Inc. (Mitsui & Co. Ltd.), Priya Chemicals, Titan Biotech Ltd., UNO VETCHEM, Zinpro Corporation, etc. |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899 |
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 zinc methionine chelates market performed so far, and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global zinc methionine chelates market growth?
- What are the key regional markets?
- What is the breakup of the market based on the livestock?
- 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 zinc methionine chelates market, and who are the key players?
- What is the degree of competition in the industry?
Key Benefits for Stakeholders:
- IMARC's industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the zinc methionine chelates market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the global zinc methionine chelates market.
- The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
- Porter's five forces analysis assists stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the zinc methionine chelates industry and its attractiveness.
- The competitive landscape allows stakeholders to understand their competitive environment and provides insight into the current positions of key players in the market.