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

By Type;

Macrominerals and Microminerals.

By Animal Type;

Ruminants, Swine, Poultry, Aquaculture and Other Animal Types.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn191256267 Published Date: February, 2024 Updated Date: March, 2024

Introduction

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

In the year 2023, the Global Feed Minerals Market was valued at USD 24,515.24 million. The size of this market is expected to increase to USD 36,740.32 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 6.0%.

The Global Feed Minerals Market plays a crucial role in enhancing animal nutrition and promoting healthy growth across various livestock sectors. As essential components of animal diets, feed minerals contribute to the overall well-being and productivity of livestock. These minerals, including calcium, phosphorus, magnesium, and others, are vital for metabolic functions, skeletal development, and immune system support in animals.

One of the primary drivers behind the demand for feed minerals is the escalating global population, which drives the need for efficient animal husbandry practices to meet the rising demand for meat, dairy, and other animal products. The livestock industry continually seeks innovative solutions to optimize feed formulations, including the inclusion of essential minerals to ensure optimal animal health and productivity.

With increasing consumer awareness regarding food safety and quality, there is a growing emphasis on enhancing the nutritional value of animal products. Feed minerals play a crucial role in this aspect by fortifying animal feeds with essential nutrients, thereby improving the nutritional profile of meat, milk, and eggs. This trend is particularly pronounced in developed regions where consumers are willing to pay premiums for products with enhanced nutritional benefits.

The globalization of the livestock industry has spurred the demand for high-quality feed additives, including minerals, to mitigate the risk of nutrient deficiencies and ensure consistent animal performance across different geographical regions. As livestock production systems become more integrated and sophisticated, there is a greater focus on optimizing feed efficiency and nutrient utilization, driving the adoption of advanced feed formulations containing a balanced mix of minerals tailored to specific animal requirements.

The Global Feed Minerals Market is witnessing steady growth driven by increasing demand for animal protein, growing consumer awareness regarding food quality, and the globalization of the livestock industry. As the importance of animal nutrition continues to gain prominence, feed minerals are expected to remain indispensable in ensuring the health, productivity, and sustainability of livestock production systems worldwide.

  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 Animal Type
    3. Market Snapshot, By Region
  4. Global Feed Minerals Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Demand for Animal Protein
        2. Growing Livestock Industry
        3. Technological Advancements in Animal Nutrition
        4. Regulatory Emphasis on Animal Welfare and Health
        5. Focus on Sustainable Livestock Production
      2. Restraints
        1. Cost Constraints
        2. Availability and Accessibility of Raw Materials
        3. Regulatory Restrictions and Compliance
        4. Consumer Preferences and Perception
        5. Risk of Over-supplementation or Imbalance
      3. Opportunities
        1. Functional Feed Additives
        2. Tailored Nutrition Solutions
        3. Expansion in Emerging Markets
        4. Digitalization and Data-driven Solutions
        5. Value-added Product Diversification
    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 Feed Minerals Market, By Type, 2022 - 2032 (USD Million)
      1. Macrominerals
      2. Microminerals
    2. Global Feed Minerals Market, By Animal Type, 2022 - 2032 (USD Million)
      1. Ruminants
      2. Swine
      3. Poultry
      4. Aquaculture
      5. Other Animal Types
    3. Global Feed Minerals Market, By Geography, 2022 - 2032 (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 and 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 Inc.
      2. BASF SE
      3. Kemin Industries
      4. DSM Animal Nutrition
      5. Nutreco NV
      6. Bio Multimin Inc.
      7. Biochem Lohne
      8. Davidsons Animal Feeds
      9. Mercer Milling Co. Inc.
      10. Novus International Inc.
      11. Pancosma SA
      12. Phibro Animal Health Corporation
      13. QualiTech Corp.
      14. Ridley Inc.
      15. Tanke Biosciences Corp.
      16. Vamso Biotec Pvt. Ltd
      17. Zinpro Corp.
  7. Analyst Views
  8. Future Outlook of the Market

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