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Feed Micronutrients Market Share

Report ID: GMI1921
Published Date: Aug 2024
Report Format: PDF

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Feed Micronutrients Market Share

Global Feed Micronutrients Market Company Share, (2023)

Companies like Zinpro Corporation, Tanke Biosciences Corporation, Biochem, Nutreco N.V., and Royal DSM employ diverse strategies in the market. They focus on innovation by developing advanced micronutrient formulations and investing in R&D to enhance product efficacy. Strategic partnerships and collaborations with research institutions help leverage cutting-edge technology. Expansion through acquisitions and mergers enables geographic reach and market penetration. Sustainability is a priority, with efforts to source eco-friendly ingredients and reduce environmental impact. Additionally, these companies engage in targeted marketing and education to raise awareness about the benefits of micronutrients in improving livestock health and productivity.

Feed Micronutrients Market Companies

Top companies operating in the Feed Micronutrients industry include:

Zinpro Corporation
Tanke Biosciences Corporation
Biochem
Nutreco N.V.
Royal DSM
QualiTech Corp.
Mercer Milling Company Inc.
Vamso Biotec Pvt. Ltd.
Archer Daniels Midland Company
Phibro Animal Health Corporation
Alltech, Inc.
Ridley Inc
Novus International Inc.
Davidsons Animal Feeds
U.S. Rare Earth Minerals Inc.
Cargill
Kemin Industries Inc.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Feed micronutrients industry size was USD 1.95 billion in 2023 and will expand at 4.9% CAGR between 2024 and 2032, owing to increasing demand for high-quality animal nutrition and the rising focus on improving livestock health and productivity.

The trace minerals segment will surpass USD 1.22 billion by 2032, propelled by their critical role in promoting animal health, growth, and productivity.

Asia Pacific feed micronutrients industry will grow at USD 0.87 billion by 2032 due to the regions rapidly expanding livestock sector and rising demand for high-quality animal feed.

Major firms including Zinpro Corporation, Tanke Biosciences Corporation, Biochem, Nutreco N.V., Royal DSM, Mercer Milling Company Inc., Vamso Biotec Pvt. Ltd., Archer Daniels Midland Company, Alltech, Inc., Ridley Inc, Novus International Inc., Davidsons Animal Feeds, U.S. Rare Earth Minerals Inc., Cargill, are operating in the market.