Global Feed Grade Copper Sulphate Market Size By Type (Type I, Type II), By Application (Pig, Cow), By Region, And Segment Forecasts, 2023 to 2032

Report Id: 10697 | Published Date: Feb 2023 | No. of Pages: | Base Year for Estimate: Feb 2023 | Format:


The Global Feed Grade Copper Sulphate Market was valued at USD 4.5 billion in 2023 and is expected to surpass USD 7.6 billion by 2031, growing at a CAGR of 6.8% during the forecast period. Feed grade copper sulphate plays a vital role as a nutritional supplement in animal feed, ensuring optimal growth, improved immunity, and better reproduction in livestock. The rising demand for high-quality animal products, coupled with increasing awareness about livestock nutrition, is propelling market growth.

Drivers:

Rising Demand for Nutrient-Rich Animal Feed: The need for fortified feed to meet the growing demand for high-quality animal-based products is a primary driver of market growth.

Growth in the Livestock Industry: Expanding livestock populations globally have led to higher adoption of feed supplements such as copper sulphate.

Increased Focus on Animal Health and Productivity: Copper sulphate improves animal immunity and helps in preventing diseases, driving its usage in feed formulations.

Restraints:

High Costs of Raw Materials: The fluctuating prices of raw materials for copper sulphate production can hinder market growth.

Environmental Concerns: Overuse of copper sulphate may lead to soil and water contamination, raising ecological concerns.

Opportunity:

Emerging Markets Expansion: Developing countries are increasingly adopting advanced feed supplements, creating lucrative growth opportunities.

Innovations in Feed Formulations: Research and innovation in micronutrient delivery systems present new opportunities for copper sulphate producers.

Market by System Type Insights:

Powder Form: Dominates the market due to ease of blending in feed formulations.

Granular Form: Gaining traction for its controlled release properties.

Market by End-use Insights:

Poultry Segment: The largest contributor, driven by high feed demand in the poultry industry.

Cattle and Swine: Witnessing steady growth owing to increased livestock farming.

Market by Regional Insights:

North America: The leading region in 2023 due to its advanced livestock industry.

Asia-Pacific: Expected to grow at the fastest rate, fueled by growing animal husbandry activities in China and India.

Competitive Scenario:

Key players in the Global Feed Grade Copper Sulphate Market include:

Aurubis AG

Old Bridge Chemicals

Highnic Group

Sulfozyme Agro India Pvt Ltd

BASF SE

These companies are focusing on strategic partnerships, product innovations, and geographical expansion to strengthen their market position.

Scope of Work – Global Feed Grade Copper Sulphate Market

Report Metric

Details

Market Size (2023)

USD 4.5 billion

Projected Market Size (2031)

USD 7.6 billion

CAGR (2023-2031)

6.8%

Key Segments Covered

System Type, End-Use, Region

Largest Market Segment by End-Use

Poultry

Leading Region

North America

Key Companies

Aurubis AG, Old Bridge Chemicals, BASF SE

Key Market Developments:

Aurubis AG (2024): Announced the launch of eco-friendly copper sulphate for animal feed, reducing environmental impact.

Highnic Group (2023): Expanded its production facility in Asia-Pacific to meet rising demand.

Old Bridge Chemicals (2025): Partnered with a major feed manufacturer to develop innovative copper-based nutritional supplements.

FAQs:

What is the current market size of the Global Feed Grade Copper Sulphate Market? The market size was valued at USD 4.5 billion in 2023.

What is the major growth driver of the Global Feed Grade Copper Sulphate Market? Rising demand for nutrient-rich animal feed and growth in the livestock industry are the key growth drivers.

Which is the largest region during the forecast period in the Global Feed Grade Copper Sulphate Market? North America is expected to maintain its leadership position.

Which segment accounted for the largest market share in the Global Feed Grade Copper Sulphate Market? The Poultry segment was the largest revenue contributor in 2023.

Who are the key market players in the Global Feed Grade Copper Sulphate Market? Key players include Aurubis AG, Old Bridge Chemicals, Highnic Group, Sulfozyme Agro India Pvt Ltd, and BASF SE. 

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