Reports

Animal Feed Organic Trace Minerals Market

Global Animal Feed Organic Trace Minerals Market: By Product: Organic, Inorganic; By Livestock: Livestock, Ruminants, Poultry, Swine, Others; By Mineral Type: Zinc, Iron, Manganese, Copper, Others; Regional Analysis; Historical Market and Forecast (2018-2028); SWOT Analysis; Competitive Landscape; Industry Events and Developments

Global Animal Feed Organic Trace Minerals Market Outlook

 The animal feed organic trace minerals market size was approximately USD 638.43 million in 2022 and is projected to grow over the forecast period 2023-2028 at a CAGR of 8.60%. 

 

Animal Feed Organic Trace Minerals Market

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Properties and Applications

Iron, copper, zinc, manganese, chromium, and selenium are common organically bound trace minerals used in animal nutrition. It is reported that the addition of organic mineral complexes will improve the production of animals. The animal feed organic trace minerals industry can be divided on the basis of segments like product, livestock, and mineral type. The industry can be broadly categorised based on product into:

 

Global Animal Feed Organic Trace Minerals Market By Product

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  • Organic 
  • Inorganic
  • Others

The industry can be divided based on livestock as:

  • Livestock
  • Ruminants
  • Poultry
  • Swine
  • Others

The industry can be segmented based on mineral type as:

  • Zinc
  • Iron
  • Manganese
  • Copper
  • Others

The EMR report looks into the regional markets of animal feed organic trace minerals like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific regions.

 

Global Animal Feed Organic Trace Minerals Market By Region

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Market Analysis

Factors encouraging the use of organic trace minerals are the increasing use of water-soluble natural feed-added materials, increased meat consumption, and the growth of the animal feed industry worldwide. For example, a change in the trend of food consumption, which involves the promotion of proteins from animal sources, plays a major role in the global growth of meat consumption. It is projected that increased outbreaks of animal diseases such as Avian Influenza (AI) will hamper the global market growth in the recent years. Poultry is one of the most susceptible to disease outbreaks within the industry. In 2016, the AI outbreaks in the United States reached over 47 million poultry birds, such as turkey and chicken. Therefore, reducing the after-effects of such outbreaks is a major challenge facing manufacturers and worldwide governing bodies. New opportunities for industrial development were generated by increasing research and development activities to optimize specific functions of organic trace minerals — for example, usage of zinc to strengthen poultry and copper eggshells to boost egg fertility.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global animal feed organic trace minerals industry, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Alltech
  • BASF SE
  • Cargill, Incorporated
  • Kemin Industries, Inc.
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, Livestock, Mineral Type, Region
Breakup by Product Organic, Inorganic, Others
Breakup by Livestock Livestock, Ruminants, Poultry, Swine, Others
Breakup by Mineral Type Zinc, Iron, Manganese, Copper, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Price Analysis Historical and Forecast Price Trends- Regional
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Alltech, BASF SE, Cargill, Incorporated, Kemin Industries, Inc., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Animal Feed Organic Trace Minerals Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Animal Feed Organic Trace Minerals Historical Market (2018-2022) 
    8.3    Global Animal Feed Organic Trace Minerals Market Forecast (2023-2028)
    8.4    Global Animal Feed Organic Trace Minerals Market by Product
        8.4.1    Organic
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Inorganic
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
        8.4.3    Others
    8.5    Global Animal Feed Organic Trace Minerals Market by Livestock
        8.5.1    Livestock
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Ruminants
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    Poultry
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022)
            8.5.3.3    Forecast Trend (2023-2028)
        8.5.4    Swine
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2018-2022)
            8.5.4.3    Forecast Trend (2023-2028)
        8.5.5    Others
    8.6    Global Animal Feed Organic Trace Minerals Market by Mineral Type
        8.6.1    Zinc
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2022)
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Iron
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022)
            8.6.2.3    Forecast Trend (2023-2028)
        8.6.3    Manganese
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2018-2022)
            8.6.3.3    Forecast Trend (2023-2028)
        8.6.4    Copper
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2018-2022)
            8.6.4.3    Forecast Trend (2023-2028)
        8.6.5    Others 
    8.7    Global Animal Feed Organic Trace Minerals Market by Region
        8.7.1    North America
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2018-2022)
            8.7.1.3    Forecast Trend (2023-2028)
        8.7.2    Europe
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2018-2022)
            8.7.2.3    Forecast Trend (2023-2028)
        8.7.3    Asia Pacific
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2018-2022)
            8.7.3.3    Forecast Trend (2023-2028)
        8.7.4    Latin America
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2018-2022)
            8.7.4.3    Forecast Trend (2023-2028)
        8.7.5    Middle East and Africa
            8.7.5.1    Market Share
            8.7.5.2    Historical Trend (2018-2022)
            8.7.5.3    Forecast Trend (2023-2028)
9    North America Animal Feed Organic Trace Minerals Market Analysis
    9.1    United States of America
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2022)
        9.1.3    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2022)
        9.2.3    Forecast Trend (2023-2028)
10    Europe Animal Feed Organic Trace Minerals Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2022)
        10.1.3    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2022)
        10.2.3    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2022)
        10.3.3    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2022)
        10.4.3    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Animal Feed Organic Trace Minerals Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2022)
        11.1.3    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2022)
        11.2.3    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2022)
        11.3.3    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2022)
        11.4.3    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2022)
        11.5.3    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Animal Feed Organic Trace Minerals Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2022)
        12.1.3    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2022)
        12.2.3    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2022)
        12.3.3    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Animal Feed Organic Trace Minerals Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2022)
        13.1.3    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2022)
        13.2.3    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2022)
        13.3.3    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2022)
        13.4.3    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Price Analysis
17    Competitive Landscape
    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    Alltech
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    BASF SE
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    Cargill, Incorporated
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    Kemin Industries, Inc.
            17.2.4.1    Company Overview
            17.2.4.2    Product Portfolio
            17.2.4.3    Demographic Reach and Achievements
            17.2.4.4    Certifications
        17.2.5    Others
18    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Animal Feed Organic Trace Minerals Market: Key Industry Highlights, 2018 and 2028
2.    Global Animal Feed Organic Trace Minerals Historical Market: Breakup by Product (USD Million), 2018-2022
3.    Global Animal Feed Organic Trace Minerals Market Forecast: Breakup by Product (USD Million), 2023-2028
4.    Global Animal Feed Organic Trace Minerals Historical Market: Breakup by Livestock (USD Million), 2018-2022
5.    Global Animal Feed Organic Trace Minerals Market Forecast: Breakup by Livestock (USD Million), 2023-2028
6.    Global Animal Feed Organic Trace Minerals Historical Market: Breakup by Mineral Type (USD Million), 2018-2022
7.    Global Animal Feed Organic Trace Minerals Market Forecast: Breakup by Mineral Type (USD Million), 2023-2028
8.    Global Animal Feed Organic Trace Minerals Historical Market: Breakup by Region (USD Million), 2018-2022
9.    Global Animal Feed Organic Trace Minerals Market Forecast: Breakup by Region (USD Million), 2023-2028
10.    North America Animal Feed Organic Trace Minerals Historical Market: Breakup by Country (USD Million), 2018-2022
11.    North America Animal Feed Organic Trace Minerals Market Forecast: Breakup by Country (USD Million), 2023-2028
12.    Europe Animal Feed Organic Trace Minerals Historical Market: Breakup by Country (USD Million), 2018-2022
13.    Europe Animal Feed Organic Trace Minerals Market Forecast: Breakup by Country (USD Million), 2023-2028
14.    Asia Pacific Animal Feed Organic Trace Minerals Historical Market: Breakup by Country (USD Million), 2018-2022
15.    Asia Pacific Animal Feed Organic Trace Minerals Market Forecast: Breakup by Country (USD Million), 2023-2028
16.    Latin America Animal Feed Organic Trace Minerals Historical Market: Breakup by Country (USD Million), 2018-2022
17.    Latin America Animal Feed Organic Trace Minerals Market Forecast: Breakup by Country (USD Million), 2023-2028
18.    Middle East and Africa Animal Feed Organic Trace Minerals Historical Market: Breakup by Country (USD Million), 2018-2022
19.    Middle East and Africa Animal Feed Organic Trace Minerals Market Forecast: Breakup by Country (USD Million), 2023-2028
20.    Global Animal Feed Organic Trace Minerals Market Structure

Key Questions Answered in the Report

What was the global animal feed organic trace minerals market size in 2022?

In 2022, the global animal feed organic trace minerals market attained a value of nearly USD 638.43 million.

What is the growth rate of the global animal feed organic trace minerals market?

The market is projected to grow at a CAGR of 8.60% between 2023 and 2028.

What are the major market drivers?

The major drivers of the market include the increasing use of water-soluble natural feed-added materials and the growth of the animal feed industry worldwide.

What are the key trends of the market?

A change in the trend of food consumption, which involves the promotion of proteins from animal sources, and growing popularity of organic animal feeds are the key trends propelling the growth of the market.

What are the major regional markets of animal feed organic trace minerals, according to the EMR report?

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the major product types of animal feed organic trace minerals in the market?

The major product types of animal feed organic trace minerals are organic, and inorganic, among others.

What are the mineral types of animal feed organic trace minerals?

Zinc, iron, manganese, and copper, among others are the significant mineral types of animal feed organic trace minerals.

What are the various livestock in the market?

Livestock, ruminants, poultry, and swine, among others are the common livestock in the animal feed organic trace minerals market.

Who are the key market players, according to the report?

The major players in the market are Alltech, BASF SE, Cargill, Incorporated, and Kemin Industries, Inc., among others.

Analyst Review

The global animal feed organic trace minerals market attained a value of USD 638.43 million in 2022, driven by the increasing use of water-soluble natural feed-added materials, increased meat consumption, and the growth of the animal feed industry worldwide. Aided by the growing demand for protein from animal sources, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 8.60%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its product type, the animal feed organic trace minerals industry can be segmented into organic and inorganic, among others. On the basis of mineral types, zinc, iron, manganese and copper, among others hold significant share of animal feed organic trace minerals. While livestock, ruminants, poultry, and swine, among others are the common livestock under the animal feed organic trace minerals market. The major regional markets for animal feed organic trace minerals are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Alltech, BASF SE, Cargill, Incorporated, and Kemin Industries, Inc., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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