Global Chelated Feed Trace Minerals Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Form;

Dry and Liquid.

By Livestock;

Ruminants, Swine, Poultry and Aquaculture.

By Type;

Zinc, Iron, Manganese, Cobalt, and Chromium.

By Application;

Dairy Cattle, Poultry, and Horses.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn923237856 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Chelated Feed Trace Minerals Market (USD Million), 2020 - 2030

In the year 2023, the Global Chelated Feed Trace Minerals Market was valued at USD 3,734.33 million. The size of this market is expected to increase to USD 5,899.13 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 6.8%.

The Global Chelated Feed Trace Minerals Market is a vital sector within animal nutrition, focusing on enhancing livestock and poultry feed with chelated trace minerals to optimize animal health, growth, and productivity. Chelated trace minerals like zinc, copper, manganese, iron, and selenium are bound to organic molecules such as amino acids or peptides to improve their bioavailability and absorption in animal digestive systems. This market is driven by the growing awareness of the benefits of chelated trace minerals in improving animal performance and health while reducing environmental impact.

A key driver behind the growth of the Global Chelated Feed Trace Minerals Market is the increasing demand for high-quality animal products such as meat, milk, and eggs. To meet this demand sustainably, there is a need for improved animal nutrition and health management practices. Chelated trace minerals offer superior bioavailability compared to inorganic mineral sources, leading to more efficient utilization by animals and reduced mineral excretion into the environment. As global population growth continues and dietary preferences evolve, there is a heightened focus on enhancing the nutritional quality and sustainability of animal-derived foods, propelling the adoption of chelated trace minerals in livestock and poultry diets.

Regulatory efforts aimed at reducing the use of antibiotics in animal production have spurred interest in alternative nutritional strategies to support animal health and performance. Chelated feed trace minerals play a critical role in bolstering immune function, reproductive performance, and overall resilience in livestock, aligning with sustainable and responsible animal agriculture practices. Ongoing research and development efforts are focused on optimizing mineral formulations and delivery systems within the Global Chelated Feed Trace Minerals Market to ensure maximum effectiveness and safety for both animals and the environment. As stakeholders in the livestock industry prioritize animal welfare and sustainability, the market for chelated feed trace minerals is expected to continue growing and innovating.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Form
    2. Market Snapshot, By Livestock
    3. Market Snapshot, By Type
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Global Chelated Feed Trace Minerals Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers:
        1. Rise in Livestock Production and Intensification
        2. Advancements in Feed Technology and Formulations
        3. Regulatory Support for Livestock Health and Performance
      2. Restraints:
        1. High Cost of Chelated Trace Minerals
        2. Limited Availability of Raw Materials
        3. Regulatory Constraints and Approval Processes
      3. Opportunities:
        1. Expansion of Livestock Industry in Emerging Markets
        2. Adoption of Precision Livestock Farming Practices
        3. Research and Development for Enhanced Bioavailability
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Chelated Feed Trace Minerals Market, By Form, 2020 - 2030 (USD Million)
      1. Dry
      2. Liquid
    2. Global Chelated Feed Trace Minerals Market, By Livestock, 2020 - 2030 (USD Million)
      1. Ruminants
      2. Swine
      3. Poultry
      4. Aquaculture
    3. Global Chelated Feed Trace Minerals Market, By Type, 2020 - 2030 (USD Million)
      1. Zinc
      2. Iron
      3. Manganese
      4. Cobalt
      5. Chromium
    4. Global Chelated Feed Trace Minerals Market, By Application, 2020 - 2030 (USD Million)
      1. Dairy Cattle
      2. Poultry
      3. Horses
    5. Global Chelated Feed Trace Minerals Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Cargill, Incorporated,
      2. BASF SE
      3. DSM
      4. DLG Group
      5. Bluestar Adisseo Co., Ltd.,
      6. Alltech
      7. Kemin Industries, Inc,
      8. Zinpro Corporation
      9. Nyrstar
      10. Tanke
      11. BHP
  7. Analyst Views
  8. Future Outlook of the Market

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