The global zinc methionine chelates market grew at a CAGR of around 4% during 2015-2020. Zinc methionine chelates are zinc-based nutritional feed supplements commonly added to animal feed in small quantities. They are produced by processing chelated zinc minerals with methionine. The primary function of chelated minerals is to improve the quality of feed and optimize the immune system and metabolic processes. They aid in improving immunity, fertility, hoof and skin integrity, milk production, eggshell quality and muscle development in animals. In comparison to other supplements, zinc methionine chelates are more stable, water-soluble and can be easily absorbed by the body. As a result, they are widely used for enriching the diet of livestock, including bovine, poultry, swine, equine and aquatic animals.
The increasing prevalence of animal-related diseases, such as bird flu and foot-and-mouth disease (FMD), is one of the key factors creating a positive outlook for the market growth. Furthermore, rising awareness among the masses regarding the nutritional deficiencies in animals is also driving the market growth. Zinc methionine chelate-enriched animal feed aids in the production of premium-quality and disease-free meat products, which are suitable for human consumption. In line with this, the increasing adoption of chelated minerals as a dietary supplement for domesticated animals, especially in urban areas, is also contributing to the market growth. Additionally, various product innovations, such as the launch of organic and natural feed products, are favoring the market growth. Other factors, including significant growth in the agriculture industry, along with extensive research and development (R&D) activities, are anticipated to drive the market further. Looking forward, IMARC Group expects the global zinc methionine chelates market to exhibit moderate growth during the next five years.
IMARC Group provides an analysis of the key trends in each sub-segment of the global zinc methionine chelates market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region and livestock.
Breakup by Livestock:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.
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