Trace Minerals in Feed Market By Type (Zinc, Iron, Cobalt, Manganese, Copper, Chromium), By Livestock (Poultry, Swine, Aquaculture, Ruminant), By Chelate Type (Amino Acids, Proteinates, Polysaccharides), and By Region; Global Insights & Forecast (2024 – 2030)

As per Intent Market Research, the Trace Minerals in Feed Market was valued at USD 458.2 million and will surpass USD 627.7 million by 2030; growing at a CAGR of 4.6% during 2024 - 2030.

The trace minerals in feed market is a crucial component of the animal nutrition sector, as these minerals are essential for maintaining the health and productivity of livestock. Trace minerals, such as zinc, iron, and copper, play vital roles in promoting growth, enhancing immune function, and improving feed conversion efficiency. With increasing demand for high-quality animal products and the growing focus on animal health, the market is expanding rapidly across various livestock categories, including poultry, swine, and aquaculture.

Zinc Leads the Type Segment Due to Its Essential Role in Animal Health

Zinc is the largest and most important trace mineral in the feed market, owing to its essential role in animal metabolism, immune function, and overall growth. Zinc helps in enzyme activation, protein synthesis, and the maintenance of skin and coat health. It also plays a significant role in reproductive performance and disease resistance, making it a staple in animal feed formulations.

The demand for zinc is particularly high in poultry and swine production, where it is used to improve feed efficiency and promote overall health. Given its wide-ranging benefits, zinc remains the dominant trace mineral in feed formulations globally, contributing significantly to the overall market growth.

Poultry is the Largest Livestock Segment Due to High Demand for Animal Protein

Poultry is the largest livestock segment in the trace minerals in feed market, driven by the increasing global demand for affordable and high-protein meat. Trace minerals such as zinc, copper, and manganese are added to poultry feed to enhance growth, improve immunity, and ensure better production yields.

The growing poultry industry is a key factor in the demand for trace minerals, as producers seek to optimize production efficiency and animal health. Additionally, the rising awareness of the benefits of trace mineral supplementation in poultry health, especially in developing regions, contributes to the segment's continued dominance in the market.

Amino Acids Chelates Lead the Chelate Type Segment for Enhanced Bioavailability

Amino acid chelates dominate the chelate type segment in the trace minerals in feed market due to their high bioavailability and efficiency in mineral absorption. Amino acid chelates bind minerals to amino acids, facilitating better absorption in animals and reducing the risk of mineral deficiencies.

This chelate type is particularly favored for livestock with higher nutritional requirements, such as poultry and swine, where optimal mineral absorption directly impacts growth rates and feed efficiency. As animal feed formulations increasingly focus on improving nutrient uptake, amino acid chelates are becoming the preferred choice for trace mineral supplementation.

Asia-Pacific is the Fastest Growing Region Due to Expanding Livestock Production

Asia-Pacific is the fastest-growing region in the trace minerals in feed market, driven by the rapid expansion of the livestock industry in countries like China, India, and Southeast Asia. The rising demand for animal products, particularly poultry and pork, is fueling the need for enhanced animal nutrition.

As the region's economies develop and urbanization increases, the demand for high-quality animal feed supplements continues to rise. Additionally, the growing focus on improving livestock health and productivity in Asia-Pacific is driving significant adoption of trace minerals in feed, positioning the region as a key player in the market's growth.

Competitive Landscape and Leading Companies

The trace minerals in feed market features a mix of established global players and specialized companies focusing on animal nutrition. Leading companies include DSM Nutritional Products, BASF SE, Zinpro Corporation, Archer Daniels Midland Company (ADM), Cargill, and Nutreco, which offer a wide range of trace mineral supplements.

Competition in the market is fueled by innovation in mineral formulations, improved bioavailability of supplements, and a growing focus on animal health and welfare. Companies are investing in research and development to create more effective trace mineral solutions, while expanding their presence in emerging markets to meet the growing demand for livestock nutrition globally.

List of Leading Companies:

• Archer-Daniels-Midland
• BASF
• Biochem Zusatzstoffe
• Bluestar Adisseo
• Cargill
• Chemlock Nutrition Corporation
• Global Animal Nutrition
• Green Mountain Nutritional Services
• JH Biotech
• Kemin Industries
• Koninklijke DSM
• Lallemand, Inc.
• Novus International
• Nutreco
• Veterinary Professional Services

Recent Developments:

• BASF launched a new range of mineral-based feed additives designed to improve the absorption and effectiveness of trace minerals in animal nutrition, especially for poultry.
• Cargill announced the acquisition of a feed additives company focused on trace mineral solutions, expanding its portfolio in the growing animal nutrition market.
• Kemin Industries introduced a new line of chelated trace minerals designed to enhance the health and growth of livestock, particularly in aquaculture and poultry farming.
• DSM received regulatory approval for a new trace mineral supplement designed to enhance the immune function and reproductive health of livestock in North America.
• Novus International launched a new trace mineral premix targeting ruminants, aiming to improve productivity and health in dairy and beef cattle, with a focus on better mineral bioavailability.

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