Home > Animal Health & Nutrition > Feed Additives > Animal Feed Trace Mineral Market

Animal Feed Trace Mineral Market Trends

  • Report ID: GMI10523
  • Published Date: Jul 2024
  • Report Format: PDF

Animal Feed Trace Mineral Market Trends

The market is experiencing several notable trends that are shaping its trajectory. There's a growing shift towards more bioavailable mineral forms, such as organic trace minerals, which offer improved absorption and efficacy in animals. Precision nutrition is gaining traction, with feed manufacturers using advanced technologies to tailor mineral supplementation to specific animal needs and life stages. Sustainability is becoming a key focus, driving research into alternative mineral sources and more environmentally friendly extraction methods.
 

The aquaculture sector is emerging as a significant growth area for trace minerals, driven by the expansion of fish farming globally. There's also an increasing emphasis on the role of trace minerals in supporting animal immune health, particularly in the wake of global health crises. Additionally, the market is seeing a rise in demand for natural and organic feed additives, including trace minerals, as consumers seek more sustainably and ethically produced animal products. These trends collectively point towards a more sophisticated, efficient, and environmentally conscious approach to animal nutrition within the trace mineral market.
 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Animal feed trace mineral market size was USD 570.1 million in 2023 and will grow at 6.3% CAGR from 2024 to 2032 driven by the increasing importance of these essential nutrients in livestock production.

The zinc type segment in the market will reach USD 266.2 million and demonstrate 6.6% CAGR through 2032 due to the increasing awareness and importance of zinc importance in animal nutrition

Asia Pacific animal feed trace mineral market size will record 6.5%CAGR between 2024 and 2032 fueled by rising consumer demand for high-quality animal protein.

Alltech Inc., Archer Daniels Midland Co., Biochem, Tanke International Group, Cargill Inc., Kemin Industries Inc., Mercer Milling Co. Inc., Novus International Inc., Nutrco NV, and Pancosma SA

Animal Feed Trace Mineral Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 12
  • Tables & Figures: 172
  • Countries covered: 22
  • Pages: 200
 Download Free Sample