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

Report Id: 36064 | Published Date: Jun 2023 | No. of Pages: | Base Year for Estimate: Jun 2023 | Format:


The Global Organic Trace Minerals Feed Market was valued at USD 1.9 billion in 2023 and is projected to surpass USD 3.2 billion by 2031, growing at a CAGR of 6.8% during the forecast period of 2023-2031. The market's growth is primarily driven by increasing awareness of livestock nutrition, enhanced bioavailability of organic trace minerals, and growing consumer preference for high-quality animal products.

Organic trace minerals, including zinc, copper, iron, selenium, and manganese, are essential micronutrients that play a crucial role in maintaining animal health, immune function, and productivity. The shift towards sustainable and efficient animal farming practices is further fueling market expansion.

Drivers

1. Rising Focus on Livestock Nutrition

The demand for high-performance animal feed has increased as farmers seek to improve the health and productivity of livestock. Organic trace minerals offer better absorption rates and lower environmental excretion, making them a preferred alternative to inorganic minerals.

2. Growing Demand for High-Quality Animal Products

Consumers are increasingly choosing meat, dairy, and eggs from animals raised with optimal nutrition. Organic trace minerals contribute to better feed conversion ratios, enhanced immune response, and improved overall animal well-being, making them a key component in modern animal feed formulations.

3. Sustainability and Environmental Concerns

Unlike inorganic minerals, which often have low bioavailability and higher wastage, organic trace minerals have superior absorption properties. This reduces mineral excretion into the environment, aligning with sustainable livestock production practices.

Restraints

1. High Cost of Organic Trace Minerals

Compared to inorganic counterparts, organic trace minerals are relatively expensive, which can limit adoption, particularly among small-scale farmers.

2. Limited Awareness in Emerging Markets

Although demand for nutritionally enhanced animal feed is rising, some emerging economies still rely on traditional feeding practices, slowing the penetration of organic trace minerals.

Opportunity

1. Expansion in Emerging Markets

Developing countries, particularly in Asia-Pacific and Latin America, are witnessing rising investments in modern livestock farming. As awareness grows about the benefits of organic trace minerals, these regions present lucrative opportunities for market expansion.

2. Innovation in Mineral Chelation Technology

Advancements in chelation techniques and microencapsulation technology are improving the bioavailability and stability of organic trace minerals, creating new product opportunities.

3. Strategic Collaborations Between Feed Manufacturers and Research Institutions

Key industry players are increasingly collaborating with academic and research institutions to develop innovative organic trace mineral formulations tailored for species-specific nutrition.

Market by Mineral Type Insights

1. Zinc Segment Holds the Largest Market Share

The zinc segment accounted for the highest revenue share in 2023, primarily due to its role in immune system enhancement, enzyme function, and growth promotion in livestock.

2. Copper Segment Expected to Grow Rapidly

Copper is essential for red blood cell formation, immune response, and antioxidant defense in animals. The segment is anticipated to experience substantial growth over the forecast period.

Market by Livestock Insights

1. Poultry Segment Leading the Market

The poultry segment dominated the market in 2023, accounting for over 40% of the global market share. The demand for high-quality eggs and broiler meat has driven the adoption of organic trace minerals in poultry feed.

2. Dairy Cattle Segment to Witness Rapid Growth

With increasing global demand for high-quality milk products, dairy farmers are incorporating organic trace minerals to enhance milk yield, reproductive health, and immune function in cattle.

Market by Regional Insights

1. North America Leading the Market

North America held the largest share in 2023, driven by strict regulations on feed quality, advanced livestock farming practices, and high consumer awareness.

2. Asia-Pacific to Witness the Fastest Growth

Asia-Pacific is expected to grow at the highest CAGR during the forecast period, fueled by rapid urbanization, increasing meat consumption, and rising investments in animal nutrition in countries like China and India.

Competitive Scenario

Key players operating in the Global Organic Trace Minerals Feed Market include:

Cargill, Inc.

Archer Daniels Midland (ADM)

Alltech Inc.

BASF SE

Kemin Industries

Royal DSM N.V.

Nutreco N.V.

Zinpro Corporation

Novus International Inc.

Biochem Zusatzstoffe Handels- und Produktionsgesellschaft mbH

These companies are focusing on product innovations, strategic mergers & acquisitions, and geographical expansions to strengthen their market presence.

Scope of Work – Global Organic Trace Minerals Feed Market

Report Metric

Details

Market Size (2023)

USD 1.9 billion

Projected Market Size (2031)

USD 3.2 billion

CAGR (2023-2031)

6.8%

Key Segments Covered

Mineral Type (Zinc, Copper, Iron, Selenium, Manganese), Livestock Type (Poultry, Dairy Cattle, Swine, Aquaculture)

Leading Segment by Mineral Type

Zinc

Leading Segment by Livestock

Poultry

Key Regions Covered

North America, Europe, Asia-Pacific, Latin America, Middle East & Africa

Key Companies

Cargill, ADM, Alltech, BASF, DSM, Zinpro, Nutreco

Market Drivers

Rising focus on livestock nutrition, sustainability, and demand for high-quality animal products

Market Restraints

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

Market Opportunities

Emerging market expansion, chelation technology advancements, strategic collaborations

Key Market Developments

2023: Cargill introduced an innovative chelated organic trace mineral supplement to improve gut health and nutrient absorption in poultry and dairy cattle.

2024: ADM partnered with a leading livestock nutrition firm to develop species-specific organic trace mineral formulations for aquaculture.

2025: BASF announced a new production facility in Europe to expand its organic trace mineral manufacturing capacity, catering to growing global demand.

FAQs

1. What is the current market size of the Global Organic Trace Minerals Feed Market?

The market was valued at USD 1.9 billion in 2023 and is projected to grow significantly.

2. What is the major growth driver of the Global Organic Trace Minerals Feed Market?

The primary driver is the increasing focus on livestock nutrition and sustainability, along with rising demand for high-quality animal products.

3. Which is the largest region during the forecast period in the Global Organic Trace Minerals Feed Market?

North America held the largest share in 2023, while Asia-Pacific is expected to witness the highest growth rate over the forecast period.

4. Which segment accounted for the largest market share in the Global Organic Trace Minerals Feed Market?

The zinc segment led the market by mineral type, while poultry feed was the leading livestock category.

5. Who are the key market players in the Global Organic Trace Minerals Feed Market?

Major companies include Cargill, ADM, Alltech, BASF, DSM, Zinpro, Nutreco, and Kemin Industries.

Conclusion

The Global Organic Trace Minerals Feed Market is set for steady growth, driven by increasing awareness of animal nutrition, sustainability initiatives, and rising consumer demand for high-quality animal products. With technological advancements and expansion into emerging markets, industry players are poised for lucrative opportunities in the coming years. 

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