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Global Zinc Micronutrient for Animal Feed Market Size, Share, Growth, Price, Analysis: By Species: Ruminants, Dairy, Swine, Poultry, Equine, Aqua, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Price Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2018-2028
Zinc Micronutrient for Animal Feed Market Outlook
The global zinc micronutrient for animal feed market recorded a volume of 64.214 KMT in 2022 and is expected to grow at a CAGR of 4.36% in the forecast period of between 2023 and 2028 to reach a volume of 82.826 KMT, owing to the growing focus on animal health.
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Key Trends in the Market
Animal feed micronutrients are feed additives that are sometimes referred to as trace elements. By improving the quality of feed, they significantly contribute to improving animal health. Animals require zinc as a vital nutrient because it plays a critical role in various metabolic processes, including protein synthesis, glucose metabolism, and many others. As a result, zinc is a popular micronutrient for animal feed.
- Animal performance and general well-being are enhanced by zinc. While severe zinc deficiency can cause skin parakeratosis, reduced growth, general debility, increased susceptibility to infection, and lethargy, adding zinc to animal feed can aid in protein synthesis, carbohydrate metabolism, and other biochemical reactions.
- The increasing awareness among farm owners about the importance of keeping a healthy diet for their animals to ensure their well-being is expected to fuel the use of zinc micronutrients in animal feed.
Global Zinc Micronutrient for Animal Feed Market Analysis
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Based on species, the market is segmented into ruminants, dairy, swine, poultry, equine, and aqua, among others. The regional markets for zinc micronutrient for animal feed can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global zinc micronutrient for animal feed market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- Biochem Zusatzstoffe Handels- und Produktionsgesellschaft mbH
- Animine, S.A.S.U.
- Alltech Inc
- Novus International, Inc.
- Balchem Corporation
- Zinpro Corporation
- Norel SA
- Trouw Nutrition
Market Share by Species
Based on species, the poultry segment is anticipated to hold the largest share of the market for zinc micronutrients for animal feed. Poultry is in high demand both for meat and for eggs. Micronutrients greatly influence the general health and growth of the layers and broilers.
Micronutrients such as zinc enable the birds' improved reproduction, health, and general performance, which is anticipated to fuel market expansion. Additionally, increasing consumer awareness of consuming poultry meat and eggs as they are rich in vitamins and minerals is anticipated to surge the product demand.
Market Share by Region
Asia Pacific is anticipated to lead the market in the forecast period owing to the Asian nations' rising meat and milk intake. China has the highest meat consumption levels in the region, while India is a significant consumer of milk and dairy products. The growing spending on protein-rich foods is further aiding the growth of zinc micronutrients for the animal feed market in the Asia Pacific.
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Competitive Landscape
Players in the zinc micronutrients for animal feed market include Biochem Zusatzstoffe Handels- und Produktionsgesellschaft mbH, Animine, S.A.S.U., Alltech Inc, Novus International, Inc., Balchem Corporation, Zinpro, Corporation, Norel SA, Trouw Nutrition, among others.
Key Highlights of the Report
| 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:
|
| Breakup by Species |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*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 Market 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 Market Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Zinc Micronutrient for Animal Feed Market Analysis
8.1 Key Industry Highlights
8.2 Global Zinc Micronutrient for Animal Feed Historical Market (2018-2022)
8.3 Global Zinc Micronutrient for Animal Feed Market Forecast (2023-2028)
8.4 Global Zinc Micronutrient for Animal Feed Market by Species
8.4.1 Ruminants
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 Dairy
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 Swine
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Poultry
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.4.5 Equine
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2018-2022)
8.4.5.3 Forecast Trend (2023-2028)
8.4.6 Aqua
8.4.6.1 Market Share
8.4.6.2 Historical Trend (2018-2022)
8.4.6.3 Forecast Trend (2023-2028)
8.4.7 Others
8.5 Global Zinc Micronutrient for Animal Feed Market by Region
8.5.1 North America
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 Europe
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 Asia Pacific
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 Latin America
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 Middle East and Africa
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2022)
8.5.5.3 Forecast Trend (2023-2028)
9 North America Zinc Micronutrients for Animal Feed 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 Zinc Micronutrients for Animal Feed 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 Spain
10.5.1 Market Share
10.5.2 Historical Trend (2018-2022)
10.5.3 Forecast Trend (2023-2028)
10.6 Others
11 Asia Pacific Zinc Micronutrients for Animal Feed 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 Australia
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 ASEAN
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 Zinc Micronutrients for Animal Feed 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 Zinc Micronutrients for Animal Feed 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 Amirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 South Africa
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 Nigeria
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Iran
13.5.1 Market Share
13.5.2 Historical Trend (2018-2022)
13.5.3 Forecast Trend (2023-2028)
13.6 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
15 Price Analysis
15.1 Zinc Chelate Historical Price Trends and Forecast (2018-2028)
15.2 Zinc Sulphate Historical Price Trends and Forecast (2018-2028)
15.3 Zinc Oxide Historical Price Trends and Forecast (2018-2028)
15.4 Zinc Hydroxide Historical Price Trends and Forecast (2018-2028)
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Biochem Zusatzstoffe Handels- und Produktionsgesellschaft mbH
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Animine, S.A.S.U.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Alltech Inc
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Novus International, Inc.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Balchem Corporation
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Zinpro Corporation
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Norel SA
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Trouw Nutrition
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Zinc Micronutrients for Animal Feed Market: Key Industry Highlights, 2018 and 2028
2. Global Zinc Micronutrients for Animal Feed Historical Market: Breakup by Species (USD Million), 2018-2022
3. Global Zinc Micronutrients for Animal Feed Market Forecast: Breakup by Species (USD Million), 2023-2028
4. Global Zinc Micronutrients for Animal Feed Historical Market: Breakup by Region (USD Million), 2018-2022
5. Global Zinc Micronutrients for Animal Feed Market Forecast: Breakup by Region (USD Million), 2023-2028
6. North America Zinc Micronutrients for Animal Feed Historical Market: Breakup by Country (USD Million), 2018-2022
7. North America Zinc Micronutrients for Animal Feed Market Forecast: Breakup by Country (USD Million), 2023-2028
8. Europe Zinc Micronutrients for Animal Feed Historical Market: Breakup by Country (USD Million), 2018-2022
9. Europe Zinc Micronutrients for Animal Feed Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Asia Pacific Zinc Micronutrients for Animal Feed Historical Market: Breakup by Country (USD Million), 2018-2022
11. Asia Pacific Zinc Micronutrients for Animal Feed Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Latin America Zinc Micronutrients for Animal Feed Historical Market: Breakup by Country (USD Million), 2018-2022
13. Latin America Zinc Micronutrients for Animal Feed Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Middle East and Africa Zinc Micronutrients for Animal Feed Historical Market: Breakup by Country (USD Million), 2018-2022
15. Middle East and Africa Zinc Micronutrients for Animal Feed Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Zinc Chelate Historical Price Trends and Forecast (2018-2028)
17. Zinc Sulphate Historical Price Trends and Forecast (2018-2028)
18. Zinc Oxide Historical Price Trends and Forecast (2018-2028)
19. Zinc Hydroxide Historical Price Trends and Forecast (2018-2028)
20. Global Zinc Micronutrients for Animal Feed Market Structure
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