Global Trace Minerals Chelated in Feed Market Size By Type (Amino Acids, Proteinates), By Application (Ruminants, Swine), By Region, And Segment Forecasts, 2023 to 2032

Report Id: 35991 | Published Date: Jun 2023 | No. of Pages: | Base Year for Estimate: Jun 2023 | Format:


The Global Trace Minerals Chelated in Feed Market was valued at USD XX billion in 2023 and is projected to reach USD XX billion by 2031, growing at a CAGR of XX% during the forecast period from 2023 to 2031. The market growth is primarily driven by the rising awareness regarding animal nutrition, increasing demand for high-quality animal-derived products, and the efficiency of chelated trace minerals in enhancing livestock health and productivity.

Chelated trace minerals, such as zinc, copper, manganese, and iron, are organically bound to amino acids or other organic molecules, improving their bioavailability and absorption in animals. With the increasing need for sustainable and nutritious animal feed, the demand for chelated trace minerals is expected to witness significant growth.

Market Drivers

Rising Awareness of Animal Nutrition:

The increasing focus on improving the nutritional profile of animal feed to boost livestock health and productivity is a major driver for the market. Chelated trace minerals enhance digestion, strengthen immunity, and optimize growth.

Demand for High-Quality Animal Products:

The global rise in consumption of meat, dairy, and eggs has resulted in a strong demand for efficient feed solutions that improve feed conversion ratios and ensure animal well-being.

Enhanced Bioavailability & Performance:

Chelated minerals provide higher absorption efficiency compared to inorganic minerals, leading to better nutrient utilization and improved livestock health, thereby reducing feed costs.

Market Restraints

High Production Costs of Chelated Trace Minerals:

The chelation process requires advanced processing technologies, making these feed additives relatively expensive compared to inorganic minerals, which could hinder market growth.

Limited Awareness in Developing Regions:

Although the benefits of chelated trace minerals are well-recognized in developed countries, their adoption remains limited in emerging markets due to lack of awareness and cost constraints.

Market Opportunities

Growth in Emerging Markets:

Developing regions such as Asia-Pacific and Latin America are witnessing rapid expansion in livestock farming, presenting significant opportunities for market penetration.

Innovation in Chelation Technologies:

Advancements in chelation techniques are improving mineral stability and absorption rates, creating new opportunities for feed manufacturers to develop specialized mineral formulations.

Sustainability & Eco-Friendly Solutions:

The growing trend of organic livestock farming and reduced environmental impact in feed additives is driving the demand for innovative and sustainable chelated trace minerals.

Market by Mineral Type Insights

Based on mineral type, the Zinc Chelates segment dominated the market in 2023. Zinc plays a crucial role in immune function, enzyme activity, and overall animal metabolism. The segment’s growth is driven by the increasing need for zinc-enhanced feeds that promote better growth and reproduction in livestock.

Other significant minerals include:

Copper Chelates – Essential for enzyme function and bone development.

Manganese Chelates – Supports skeletal development and reproductive health.

Iron Chelates – Prevents anemia and supports oxygen transport in animals.

Market by Livestock Insights

Based on livestock, the Poultry segment held the largest revenue share in 2023, accounting for more than XX% of the market. Poultry farming requires well-balanced trace minerals for optimal egg production, meat quality, and disease resistance.

Other key livestock segments include:

Swine: Growing demand for efficient swine nutrition is boosting market growth.

Ruminants (Cattle, Sheep, & Goats): Increasing dairy and beef consumption is driving mineral supplementation in ruminants.

Aquaculture: The rise in fish and shrimp farming is leading to higher adoption of trace minerals in aquatic feed.

Market by Regional Insights

North America dominated the market in 2023 due to a well-established animal feed industry and strong demand for quality animal products. Europe is also a major player, driven by stringent regulations on animal nutrition and feed safety.

However, the Asia-Pacific region is expected to witness the highest growth rate during the forecast period, fueled by:

Rapid expansion of livestock production in China & India

Increasing demand for high-protein animal-based foods

Rising investment in advanced feed solutions

Other key regions:

Latin America – Significant growth in cattle and poultry farming.

Middle East & Africa – Increasing investments in animal nutrition and feed technology.

Competitive Scenario

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

Cargill, Inc.

Archer Daniels Midland (ADM)

DSM Nutritional Products

Kemin Industries

Novus International, Inc.

BASF SE

Zinpro Corporation

Tanke Biosciences Corp.

Pancosma

These companies are focusing on product innovations, strategic acquisitions, and expanding their market presence through R&D investments.

Scope of Work – Global Trace Minerals Chelated in Feed Market

Report Metric

Details

Market Size (2023)

USD XX billion

Projected Market Size (2031)

USD XX billion

CAGR (2023-2031)

XX%

Key Segments

Mineral Type, Livestock, Region

Leading Mineral Type

Zinc Chelates

Leading Livestock Type

Poultry

Key Regions

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

Key Companies

Cargill, ADM, DSM, Kemin, Novus, BASF, Zinpro

Market Growth Drivers

Demand for high-quality animal products, superior bioavailability, sustainability focus

Market Challenges

High production costs, limited awareness in developing regions

Market Opportunities

Emerging markets, innovation in chelation, eco-friendly solutions

Key Market Developments

2023: Cargill introduced an advanced line of chelated trace minerals targeting improved nutrient absorption and sustainability.

2023: DSM partnered with a leading animal nutrition company to expand its market reach in Asia-Pacific.

2024: Zinpro Corporation announced the launch of next-generation chelated minerals to enhance livestock performance and health.

FAQs

What is the current market size of the Global Trace Minerals Chelated in Feed Market?

The market was valued at USD XX billion in 2023.

What is the major growth driver of the Global Trace Minerals Chelated in Feed Market?

Increasing demand for high-quality animal-derived products and the superior bioavailability of chelated trace minerals.

Which is the largest region during the forecast period in the Global Trace Minerals Chelated in Feed Market?

North America currently leads, but Asia-Pacific is expected to witness the highest growth rate.

Which segment accounted for the largest market share in the Global Trace Minerals Chelated in Feed Market?

Zinc Chelates in the mineral segment and Poultry in the livestock segment.

Who are the key market players in the Global Trace Minerals Chelated in Feed Market?

Major players include Cargill, DSM, BASF, Zinpro, and Novus International.

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