Report Overview

The United States feed minerals market reached approximately USD 788.20 million in 2023. The market is projected to grow at a CAGR of 6.1% between 2024 and 2032, reaching a value of around USD 1,343.00 million by 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

United States Feed Minerals Market Report Summary Description Value
Base Year USD Million 2023
Historical Period USD Million 2018-2023
Forecast Period USD Million 2024-2032
Market Size 2023 USD Million 788.20
Market Size 2032 USD Million 1,343.0
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 6.1%
CAGR 2024-2032 - Market by Region Southeast 6.0%
CAGR 2024-2032 - Market by Region New England 5.7%
CAGR 2024-2032 - Market by Type Macrominerals 6.7%
CAGR 2024-2032 - Market by Livestock Type Cattle 7.0%
Market Share by Region Mideast 7.2%

United States Feed Minerals Market Outlook

The rising demand for enhancing animal nutrition and ensuring that they get optimal minerals from their feed is one of the crucial factors driving the growth of the United States feed minerals market. Macrominerals such as calcium, sodium, potassium, and chloride, among others, are essential in animal diets to fulfil their physiological functions. They also ensure metabolism, promote bone development, and muscle growth, and regulate the water at the cellular level.

As per the USDA’s 2022 Census of Agriculture data, around 1.7 billion animals were living on farms in the country in 2022, which creates a healthy demand for animal feed and further boosts the market share. The rise in poultry production due to growing demand for meat and eggs also enhances market expansion.

As per the United States Feed Minerals Market Regional Analysis, the Far West Region Occupies a Major Market Share

  • The Far West leads with a 7.1% CAGR, driven by advancements in livestock farming practices and a strong emphasis on improving animal nutrition. 
  • As per the United States feed minerals market dynamics and trends, the Rocky Mountain region follows with a 6.6% growth rate, reflecting the increasing demand for high-quality feed minerals to support the growing livestock industry. 
  • The Southwest and Southeast regions show significant growth, with CAGRs of 6.3% and 6.0% respectively, supported by expanding agricultural activities and a focus on enhancing feed quality.
  • New England and the Mideast boost the United States feed minerals market value at 5.7% and 5.2%. The regional growth is driven by a mix of traditional and modern farming practices. 
  • The Plains and Great Lakes regions show slower growth rates of 4.9% and 4.6%, likely due to mature markets with established feed practices.

These regional differences highlight the diverse factors driving the feed minerals market across the United States.

CAGR 2024-2032 - Market by Region
Southeast 6.0%
New England 5.7%
Mideast XX%
Plains XX%
Great Lakes XX%
Southwest XX%
Rocky Mountain 6.6%
Far West 7.1%

United States Feed Minerals Market Growth is Driven by Rising Incorporation of Macrominerals in Animal Feed

Macrominerals lead with a 6.7% CAGR, driven by their essential role in large quantities for animal growth, bone development, and overall health. The demand for macrominerals like calcium, phosphorus, and magnesium is increasing as livestock producers focus on optimising animal nutrition for better productivity, which further contributes to the feed minerals market share in the United States.

Microminerals follow with a 5.5% growth rate, reflecting their crucial role in small quantities for various metabolic processes and immune system support in animals. The steady growth in microminerals highlights the ongoing emphasis on comprehensive animal health, ensuring that all nutritional needs, even at the micro level, are met to enhance livestock performance and welfare.

One of the Prominent United States Feed Minerals Market Trends is Growing Demand for Beef and Dairy Products

  • Cattle lead with a 7.0% CAGR, driven by the increasing demand for beef and dairy products, which boosts the need for optimal nutrition in cattle farming. 
  • Poultry boosts the demand of United States feed minerals market with a 6.5% growth rate, reflecting the high consumption of poultry products and the focus on enhancing feed efficiency and bird health. 
  • Swine shows a 6.3% CAGR, supported by the demand for pork and the emphasis on improving feed conversion ratios. 
  • Sheep and Aquaculture exhibit growth rates of 5.8% and 5.5%, respectively, highlighting the steady expansion in these segments, driven by niche market demands and growing interest in sustainable aquaculture practices. 
  • The Others category, which includes less common livestock, grows at a 4.9% rate, indicating a smaller but consistent market presence.

These trends underscore the importance of feed minerals across various livestock types, with cattle and poultry driving the majority of market growth.

Key Questions Answered in This Report:

  • How has the United States feed minerals market performed historically, and what are the growth expectations for the future?
  • What are the primary factors influencing demand and growth in the United States feed minerals market?
  • What are the key segments within the United States feed minerals market, and how are they expected to evolve over the forecast period?
  • What are the major challenges and opportunities facing stakeholders in the United States feed minerals market?
  • Who are the key players in the United States feed minerals market, and what strategies are they employing to maintain a competitive edge?
  • What are the regulatory and policy factors influencing the United States feed minerals market globally or regionally?
  • How competitive is the United States feed minerals market according to Porter's five forces analysis, including factors like bargaining power of buyers and suppliers?
  • What are the current trends shaping the United States feed minerals market landscape, and how are they expected to evolve in the future?
  • How are technological advancements impacting the United States feed minerals market, and what role do innovation and R&D play in driving growth?
  • What are the consumer preferences and buying behavior trends influencing the United States feed minerals market?
  • How sustainable are current growth rates in the United States feed minerals market, and what factors could potentially disrupt these trends?
  • What are the regional dynamics within the United States feed minerals market, and how do they contribute to overall market growth?
  • What are the economic factors influencing the United States feed minerals market, such as GDP growth, inflation rates, and currency fluctuations?
  • How are demographic shifts, such as aging populations or urbanization trends, affecting demand in the United States feed minerals market?
  • What are the key strategic partnerships, mergers, and acquisitions shaping the competitive landscape of the United States feed minerals market?
  • What are the regulatory and legal frameworks impacting the United States feed minerals market globally or in key regions?
  • How are changing consumer lifestyles and preferences influencing product or service demand within the United States feed minerals market?
  • What are the emerging market trends and niche opportunities within the United States feed minerals market that stakeholders should be aware of?
  • How resilient is the United States feed minerals market to external shocks or disruptions, such as geopolitical tensions or natural disasters?
  • What are the potential barriers to market entry and growth for new players in the United States feed minerals market?

Key Benefits for Stakeholders:

Expert Market Research's industry report provides a comprehensive quantitative analysis of various market segments, historical and current market trends, and forecasts the dynamics of the United States feed minerals market spanning from 2018 to 2032.

The research report delivers up-to-date insights into the market drivers, challenges, and opportunities shaping the United States feed minerals industry.

Stakeholders can leverage Porter's five forces analysis to assess the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. This analysis aids in evaluating the competitiveness and attractiveness of the United States feed minerals market.

The competitive landscape section enables stakeholders to gain a deep understanding of their competitive environment. It offers insights into the current market positions of key players, their strategies, and their market shares.

Additionally, the report highlights emerging trends, regulatory influences, and technological advancements that are pivotal for stakeholders navigating the United States feed minerals market landscape.

*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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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.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Livestock Type
  • Region
Breakup by Type
  • Macrominerals
  • Microminerals
Breakup by Livestock Type
  • Cattle
  • Poultry
  • Swine
  • Sheep
  • Aquaculture
  • Others
Breakup by Region
  • New England
  • Mideast
  • Great Lakes
  • Plains
  • Southeast
  • Southwest
  • Rocky Mountain
  • Far West
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Cargill, Inc.
  • ADM Animal Nutrition
  • Alltech, Inc.
  • Nutreco N.V.
  • Purina Animal Nutrition
  • BioCare Copenhagen
  • Others

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