Animal Feed Organic Trace Minerals Market - By Mineral (Zinc, Iron, Manganese, Copper), By Livestock (Dairy, Beef, Pork, Poultry) & Forecast, 2024 - 2032

Animal Feed Organic Trace Minerals Market Size

Animal Feed Organic Trace Minerals Market has a size of USD 740.5 million in 2023 and is projected to expand at over 6.9% CAGR from 2024 to 2032. The market pertains to the utilization of organically bound trace minerals, including zinc, copper, iron, and manganese, in animal diets. These minerals play a crucial role in ensuring optimal animal growth, bolstering immune functions, and maintaining overall health.
 

Compared to their inorganic counterparts, organic trace minerals boast higher bioavailability and lower toxicity, translating to enhanced absorption and utilization in animals. As the livestock sector increasingly embraces these minerals to boost productivity, elevate feed efficiency, and uphold animal welfare, the market's purview is broadening. According to the United States Department of Agriculture (USDA), the adoption of organic trace minerals in animal feed has shown a significant increase, with a reported 15% rise in usage over the past five years. Furthermore, escalating consumer preferences for premium animal products and sustainable farming practices are bolstering the market's trajectory.
 

The increasing populations and rising affluence in emerging nations are driving demand for protein-rich foods, notably meat, dairy, and eggs. This surge is propelling growth in the animal feed sector. Research from the OECD projects that global per capita meat consumption will plateau at around 35.6 kg/year by 2031. Additionally, advancements in precision farming, coupled with innovations in feed components and technologies, are enhancing feed efficiency. This, in turn, is driving down costs, thereby increasing accessibility for both farmers and consumers.
 

Organic trace minerals are more effective than inorganic trace minerals and are utilized as inorganic mineral substitutes. The increasing bioavailability is bolstering product demand. However, organic minerals are more expensive than inorganic minerals for animal feed, limiting business demand. Subsequently, several organizations propose combining organic and inorganic trace minerals although the rising production rates are lowering operating expenses, which is likely to help firms tackle this restraint.

Animal Feed Organic Trace Minerals Market Trends

The market is witnessing significant shifts. Rising consumer demand for sustainably sourced animal products is fueling a preference for natural and organic feed additives. According to the USDA, organic food sales in the United States reached $62 billion in 2023, reflecting this growing trend. Moreover, advancements in mineral chelation technology are bolstering the bioavailability and effectiveness of these minerals. Regulatory mandates to curtail antibiotic use in livestock feed are propelling the adoption of organic trace minerals as healthier alternatives.
 

The FDA reported a 33% reduction in antibiotic sales for livestock from 2015 to 2022, highlighting this regulatory impact. Furthermore, a global push for heightened livestock productivity and health, in response to increasing protein demands, is further underpinning the market's growth. The FAO projects a 70% increase in global meat production by 2050 to meet rising protein needs.
 

Animal Feed Organic Trace Minerals Market Analysis

The market share from the zinc segment will observe around 7.2% CAGR through 2032 with a market size of USD 683.8 million. The zinc segment in the market holds significant potential due to zinc's crucial role in animal health and development. Organic zinc sources, such as zinc chelates, offer improved bioavailability compared to inorganic forms, leading to better absorption and utilization in livestock. This enhances immune function, growth, and reproductive performance. With increasing regulatory restrictions on antibiotics, organic zinc is becoming a preferred alternative for promoting animal health. The segment is expected to expand as the livestock industry seeks sustainable and efficient nutrient solutions, driven by the demand for high-quality animal products and sustainable farming practices.
 

The dairy segment in animal feed organic trace minerals market size will reach USD 619.9 million by 2032 with a CAGR of 7%. The dairy segment within the market holds significant potential due to its focus on enhancing milk production and quality. Organic trace minerals, such as zinc, copper, and selenium, play a crucial role in improving dairy cattle health, reproductive performance, and milk yield. Their superior bioavailability supports better absorption and utilization, leading to more robust immune systems and reduced disease incidence. As dairy producers seek to boost productivity and sustainability, the demand for organic trace minerals is expected to grow. This trend aligns with increasing consumer demand for high-quality dairy products and sustainable farming practices.
 

Europe animal feed organic trace minerals market will record a market size of about USD 446.6 million and 7% CAGR during 2024 and 2032. The European food system has emerged as a trusted provider of nutritious, safe, and high-quality food on a global scale due to modernization, innovative technology, and improvements in agricultural techniques that lead to more efficient and eco-friendly meat production. Furthermore, Europe has witnessed a surge in aquaculture feed consumption and high demand for chicken meat due to its healthier image compared to other meats, ease of preparation, lack of religious restrictions, and relatively lower price, which is projected to impel the market progression.
 

Animal Feed Organic Trace Minerals Market Share

These enterprises are investing in R&D initiatives to explore the scope of applications of organic trace minerals in animal feed. For instance, in January 2022, the Archer Daniels Midland Company announced the launch of its first scientific and research facility in China. The center was designed to encourage high-quality growth in the nutrition & health sector and to meet prevalent consumer demands in APAC.
 

Animal Feed Organic Trace Minerals Market Companies

Top companies operating in the Animal Feed Organic Trace Minerals industry include:

• Zinpro Corporation
• Mercer Milling Company, Inc.
• Archer Daniels Midland Company
• Alltech, Inc
• Ridley, Inc.
• Phibro Animal Health Corporation
• Novus International, Inc.
• Davidsons Animal Feeds
• Cargill
   

Animal Feed Organic Trace Minerals Industry News

• In March 2019, Zinpro Corporation launched a high-quality selenium performance trace mineral– Availa Se–for the European Union (EU). Availa-Se (zinc-L selenomethionine) enables Zinpro to offer another unique product that provides superior performance in the EU market.
   
• In July 2020, Kemin Industries revealed architectural renderings for a new quality control laboratory (QC lab) that will be built onsite at its worldwide headquarters in Des Moines, Iowa (US). Kemin's advanced analytical capabilities ensure the potential production activity and specificity of its finished goods.
   

The animal feed organic trace minerals market research report includes in-depth coverage of the industry, with estimates and forecasts in terms of revenue and volume (USD Million) (Tons) from 2024 to 2032, for the following segments:

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Market, By Minerals

• Zinc
• Iron
• Manganese
• Copper
• Others (Selenium, Cobalt, Iodine)

Market, By Livestock

• Dairy
• Beef
• Pork
• Poultry
• Others

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
• MEA
  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of MEA