The Global Animal Feed Trace Minerals Market size was valued at USD 472 Million in 2020 and is expected to register a CAGR of 5.2% through the forecast period. Rising importance of animal nutrition in the production of livestock has majorly fueled the market growth. For normal functioning of biochemical processes in the animal or human body.
the trace minerals such as Cu, Co, Fe, Mn, I, Se, Zn, and Mo are required. A crucial part of several enzymes, these minerals are aiding in coordinating a large number of biological processes, thus become essential for maintaining animal health as well as their productivity. Adequate level of trace minerals with optimal nutrition guarantees the organism’s proper functions, most importantly physiological, structural, regulatory, and catalytic functions. Depending on the requirements for animal development or rapid growth in their production cycle, trace minerals are generally provided to livestock at optimal concentrations.
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Top Leading Players in Animal Feed Trace Minerals Market:
BASF SE (Germany), Cargill, Incorporated (US), Bluestar Adisseo Co., Ltd (China), Nutreco N.V. (Netherlands), Koninklijke DSM N.V. (Netherlands), Alltech (US), Orffa (Netherlands), Zinpro (US), Novus International (US), Lallemand, Inc. (Canada), Kemin Industries, Inc. (US), Virbac (France), Dr. Paul Lohmann Gmbh & Co. KGAA (Germany), Global Animal Nutrition (US), Veterinary Professional Services Ltd. (Vetpro), Biochem Zusatzstoffe (Germany), Chemlock Nutrition Corporation (US), Vetline (India), and dr. eckel animal nutrition gmbh & co.kG (Germany).
Animal Feed Trace Minerals Market Segmentation:
- By Type Outlook-Zinc
- Copper
- Cobalt
- Manganese
- Iron
- Chromium
- Other types (iodine and selenium)
- By Livestock Outlook-Poultry
- Ruminant
- Swine
- Aquaculture
- Other livestock (equine and pets)
- By Chelate Outlook-Amino acids
- Proteinates
- Polysaccharides
- Other chelate types (propionates and peptides)
- By Form Outlook-Dry
- Liquid
Key Regional Markets Covered in the Report:
North America (U.S.A., Canada, Mexico)
Europe (Italy, U.K., Germany, France, Rest of Europe)
Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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