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Report Overview
The animal feed organic trace minerals market size was approximately USD 693.33 million in 2024 and is projected to grow over the forecast period 2025-2034 at a CAGR of 8.60%.
2024
Base Year
2018-2024
Historical Period
2025-2034
Forecast Period
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Market Segmentation
Iron, copper, zinc, manganese, chromium, and selenium are common organically bound trace minerals used in animal nutrition. It is reported that the addition of organic mineral complexes will improve the production of animals. The animal feed organic trace minerals industry can be divided on the basis of segments like product, livestock, and mineral type.
Market Breakup by Product
- Organic
- Inorganic
- Others
Market Breakup by Livestock
- Livestock
- Ruminants
- Poultry
- Swine
- Others
Market Breakup by Mineral Type
- Zinc
- Iron
- Manganese
- Copper
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Animal Feed Organic Trace Minerals Market Analysis
Factors encouraging the use of organic trace minerals are the increasing use of water-soluble natural feed-added materials, increased meat consumption, and the growth of the animal feed industry worldwide. For example, a change in the trend of food consumption, which involves the promotion of proteins from animal sources, plays a major role in the global growth of meat consumption. It is projected that increased outbreaks of animal diseases such as Avian Influenza (AI) will hamper the global market growth in the recent years. Poultry is one of the most susceptible to disease outbreaks within the industry. In 2016, the AI outbreaks in the United States reached over 47 million poultry birds, such as turkey and chicken. Therefore, reducing the after-effects of such outbreaks is a major challenge facing manufacturers and worldwide governing bodies. New opportunities for industrial development were generated by increasing research and development activities to optimize specific functions of organic trace minerals — for example, usage of zinc to strengthen poultry and copper eggshells to boost egg fertility.
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USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global animal feed organic trace minerals industry, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Alltech
- BASF SE
- Cargill, Incorporated
- Kemin Industries, Inc.
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2024, the global animal feed organic trace minerals market attained a value of nearly USD 693.33 million.
The market is projected to grow at a CAGR of 8.60% between 2025 and 2034.
The major drivers of the market include the increasing use of water-soluble natural feed-added materials and the growth of the animal feed industry worldwide.
A change in the trend of food consumption, which involves the promotion of proteins from animal sources, and growing popularity of organic animal feeds are the key trends propelling the growth of the market.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major product types of animal feed organic trace minerals are organic, and inorganic, among others.
Zinc, iron, manganese, and copper, among others are the significant mineral types of animal feed organic trace minerals.
Livestock, ruminants, poultry, and swine, among others are the common livestock in the animal feed organic trace minerals market.
The major players in the market are Alltech, BASF SE, Cargill, Incorporated, and Kemin Industries, Inc., among others.
Report Summary
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product |
|
| Breakup by Livestock |
|
| Breakup by Mineral Type |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
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