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

By Type;

Zinc, Iron, Cobalt, Copper, Chromium, and Others.

By Chelating Agent;

Amino Acid, Polysaccharide Complex, Proteinate, and Others.

By Application;

Animal Feed, Dietary Supplement, Pharmaceutical, Fertilizer, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn510021216 Published Date: April, 2024 Updated Date: May, 2024

Introduction

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

In the year 2023, the Global Chelated Trace Minerals Market was valued at USD 3,876.39 million. The size of this market is expected to increase to USD 6,537.40 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 7.8%.

The global market for chelated trace minerals encompasses a broad array of essential micronutrients critical for biological functions in both humans and animals. Chelated trace minerals, such as selenium, zinc, iron, copper, manganese, and chromium, are organic complexes formed by binding these minerals to amino acids, peptides, or other organic compounds. This chelation process enhances the stability and bioavailability of trace minerals, facilitating improved absorption and utilization within the body. The market's growth is spurred by growing awareness of the pivotal role micronutrients play in maintaining overall health and vitality.

A significant driver behind the expansion of the global chelated trace minerals market is the increasing demand for nutritional supplements and fortified foods containing these essential micronutrients. Chelated trace minerals offer superior absorption and effectiveness compared to inorganic mineral forms, making them highly sought after in dietary supplements aimed at addressing specific health needs like immune support, bone health, and cognitive function. Moreover, the incorporation of chelated trace minerals into animal feed formulations is gaining momentum, contributing to enhanced animal health, growth, and productivity in agriculture.

The market landscape for chelated trace minerals is characterized by ongoing research and development efforts focused on broadening applications across diverse industries including pharmaceuticals, agriculture, and food and beverage. Manufacturers are driving innovation to develop advanced chelation technologies that optimize mineral bioavailability and functionality. As consumer preferences continue to shift towards natural and bioavailable nutritional solutions, the global chelated trace minerals market is poised for substantial growth, driven by the increasing recognition of the essential role trace minerals play in supporting overall health and wellness.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Chelating Agent
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Chelated Trace Minerals Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers:
        1. Increasing Demand for Animal Protein and Livestock Production
        2. Growing Awareness of Animal Health and Nutrition
        3. Advantages of Chelated Trace Minerals over Inorganic Forms
      2. Restraints:
        1. High Production Costs of Chelated Trace Minerals
        2. Limited Availability of Raw Materials
        3. Regulatory Constraints and Compliance Challenges
      3. Opportunities:
        1. Rising Demand for Premium Animal Feed and Supplements
        2. Expansion of Aquaculture and Poultry Industries
        3. Growing Awareness of Trace Mineral Deficiencies
    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 Trace Minerals Market, By Type, 2020 - 2030 (USD Million)
      1. Zinc
      2. Iron
      3. Cobalt
      4. Copper
      5. Chromium
      6. Others
    2. Global Chelated Trace Minerals Market, By Chelating Agent, 2020 - 2030 (USD Million)
      1. Amino Acid
      2. Polysaccharide Complex
      3. Proteinate
      4. Others
    3. Global Chelated Trace Minerals Market, By Application, 2020 - 2030 (USD Million)
      1. Animal Feed
      2. Dietary Supplement
      3. Pharmaceutical
      4. Fertilizer
      5. Others.
    4. Global Chelated 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. Archer Daniels Midland Company
      2. Cargill, Incorporated
      3. BASF SE
      4. Kemin Industries
      5. Koninklijke DSM N.V
      6. Nutreco N.V.
      7. DLG Group
      8. InVivo NSA
      9. Bluestar Adisseo
      10. Alltech
  7. Analyst Views
  8. Future Outlook of the Market

ReAnIn's Most Viewed Titles:

Chemicals & Materials Equipment, Machine And Tool Chemical Analyzer
Global Chemical Analyzer Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

In the year 2023, the Global Chemical Analyzer Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...
Chemicals & Materials Equipment, Machine And Tool Chemical Anchors
Global Chemical Anchors Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

In the year 2023, the Global Chemical Anchors Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...
Chemicals & Materials Equipment, Machine And Tool Chemical And Nutritional Testing
Global Chemical And Nutritional Testing Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

In the year 2023, the Global Chemical And Nutritional Testing Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...
Chemicals & Materials Equipment, Machine And Tool Chemical Imaging Systems
Global Chemical Imaging Systems Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

In the year 2023, the Global Chemical Imaging Systems Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...