Global Natural Feed-added Trace Minerals Market Size By Type (Zinc, Iron), By Application (Poultry, Swine), By Region, And Segment Forecasts, 2023 to 2032

Report Id: 36060 | Published Date: Jun 2023 | No. of Pages: | Base Year for Estimate: Jun 2023 | Format:


The Global Natural Feed-added Trace Minerals Market was valued at USD X billion in 2023 and is projected to surpass USD Y billion by 2031, growing at a CAGR of Z% during the forecast period from 2023 to 2031. The market's expansion is fueled by the increasing focus on livestock nutrition, rising demand for organic and natural feed additives, and growing awareness about the health benefits of trace minerals in animal feed.

Trace minerals such as zinc, copper, manganese, and selenium are crucial for maintaining animal health, improving digestion, enhancing immune function, and increasing feed efficiency. With the global shift towards sustainable and chemical-free animal feed, the demand for natural feed-added trace minerals is gaining traction, particularly in the poultry, swine, and dairy sectors.

Market Drivers:

1. Rising Demand for Nutrient-rich Animal Feed

The growing awareness of livestock health and productivity is driving the demand for trace minerals in animal feed formulations.

Farmers and feed manufacturers are focusing on high-quality feed additives to enhance nutrient absorption and immunity in livestock.

2. Growth in Organic and Natural Feed Products

The shift towards organic farming and chemical-free feed is fueling the adoption of naturally sourced trace minerals.

Stringent regulations against synthetic feed additives in regions such as Europe and North America are encouraging the use of natural alternatives.

3. Expansion of the Livestock Industry

The global increase in meat, dairy, and egg consumption is driving demand for better feed formulations.

Developing markets, particularly in Asia-Pacific and Latin America, are witnessing strong growth in livestock farming, thereby boosting market growth.

Market Restraints:

1. High Cost of Natural Trace Minerals

The extraction and processing of natural trace minerals involve higher costs compared to synthetic alternatives.

Small-scale farmers and livestock producers in developing regions may face affordability challenges.

2. Limited Awareness in Emerging Markets

Despite the growing awareness in developed countries, many emerging markets still rely on conventional feed additives.

Lack of education and awareness regarding the benefits of natural feed-added trace minerals poses a challenge.

Market Opportunity:

1. Increasing Investments in Research & Development

Companies are investing in R&D activities to develop cost-effective and highly bioavailable trace minerals.

Advanced formulations such as chelated trace minerals are gaining popularity due to better absorption rates in animals.

2. Growing Demand for Functional Animal Feed

The trend of functional and fortified animal feed is creating new growth opportunities for natural trace mineral suppliers.

Consumers are increasingly demanding antibiotic-free meat and dairy products, further boosting demand for natural trace minerals.

3. Expansion into Emerging Markets

Countries such as China, India, and Brazil are witnessing a rapid expansion in the livestock industry.

As animal health awareness rises, natural feed-added trace minerals are expected to gain significant traction.

Market Segmentation:

Market by Trace Mineral Type:

Zinc

Copper

Manganese

Iron

Selenium

Others

The Zinc segment dominated the market in 2023, owing to its essential role in growth, immune function, and enzyme activity in animals. The demand for organic zinc sources is growing as farmers seek safer and more effective feed additives.

Market by Livestock Type:

Poultry

Swine

Ruminants (Cattle, Sheep, Goats)

Aquaculture

Others

The Poultry segment accounted for the largest market share in 2023 due to the high demand for chicken meat and eggs globally. Trace minerals play a crucial role in improving eggshell quality, skeletal development, and feed conversion efficiency in poultry.

Market by Regional Insights:

North America: The largest market in 2023, driven by stringent feed regulations and the strong presence of organic feed manufacturers.

Europe: Increasing demand for antibiotic-free livestock feed is boosting the adoption of natural trace minerals.

Asia-Pacific: Expected to witness the fastest growth, led by rapid urbanization, rising incomes, and a booming livestock industry in China and India.

Latin America & MEA: Emerging as key markets due to growing investments in the agricultural sector.

Competitive Scenario:

Key players in the Global Natural Feed-added Trace Minerals Market include:

Cargill, Inc.

ADM

Zinpro Corporation

Alltech

Novus International

Royal DSM N.V.

Trouw Nutrition

Nutreco N.V.

Kemin Industries

BASF SE

These companies are focusing on innovation, partnerships, and expanding production capabilities to meet the rising demand for natural feed-added trace minerals.

Scope of Work – Global Natural Feed-added Trace Minerals Market

Report Metric

Details

Market Size (2023)

USD X billion

Projected Market Size (2031)

USD Y billion

CAGR (2023-2031)

Z%

Key Market Segments

Trace Mineral Type, Livestock, Region

Leading Segment by Type

Zinc

Leading Segment by Livestock

Poultry

Key Regions Covered

North America, Europe, Asia-Pacific, Latin America, MEA

Major Companies

Cargill, ADM, Zinpro Corporation, Alltech, DSM, Nutreco, Kemin Industries

Market Drivers

Growth in organic animal feed, rising livestock population, increased demand for high-quality animal protein

Market Restraints

High cost of natural trace minerals, limited awareness in emerging markets

Market Opportunities

Innovation in trace mineral formulations, expansion in developing regions, rising demand for antibiotic-free feed

Key Market Developments:

2023: Cargill, Inc. launched a new line of organic trace minerals for poultry and cattle feed, focusing on enhanced bioavailability and digestion.

2024: Zinpro Corporation announced the expansion of its chelated trace mineral production facility to meet growing demand in Asia-Pacific.

2025: DSM introduced a sustainable, plant-based trace mineral supplement, aligning with the global push for eco-friendly livestock nutrition solutions.

FAQs:

1. What is the current market size of the Global Natural Feed-added Trace Minerals Market?

The market was valued at USD X billion in 2023 and is projected to grow significantly by 2031.

2. What is the major growth driver of the Global Natural Feed-added Trace Minerals Market?

The increasing demand for high-quality and organic animal feed is a key driver, along with rising awareness of livestock nutrition.

3. Which region dominates the Natural Feed-added Trace Minerals Market?

North America currently holds the largest market share, while Asia-Pacific is expected to grow at the fastest rate.

4. Which segment accounted for the largest market share in the Natural Feed-added Trace Minerals Market?

The Zinc segment dominated in 2023 due to its essential role in immune function and digestion in livestock.

5. Who are the key market players in the Global Natural Feed-added Trace Minerals Market?

Leading companies include Cargill, ADM, Zinpro Corporation, Alltech, Novus International, DSM, Nutreco, and Kemin Industries.

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