Animal Feed Micronutrients Market Report and Forecast 2025-2034

The global animal feed micronutrients market reached a value of D 1.65 Billion in 2024. The market is further estimated to grow at a CAGR of 6.20% in the forecast period of 2025-2034 to reach a value of around USD 3.01 Billion by 2034.

Rising Demand for Manganese in Animal Feed to Aid the Market Growth During the Forecast Period

Based on product, the demand for manganese in animal feed is significantly growing. Manganese plays a critical role in animal nutrition, particularly in activating the enzymes to produce mucopolysaccharides and glycoproteins, forming the organic matrix of bone and cartilage. The trace mineral manganese is concentrated in the animal bones, and its deficiency results in reduced growth or malformed bones in cattle and chickens, which leads to increased demand for manganese in animal feeds. Also, manganese is vital for reproductive performance, particularly in cattle, as manganese deficiency in cows can result in their offspring having inadequate bone formation. The growing awareness about the importance of manganese in fat metabolism, carbohydrate metabolism and energy production is positively impacting the animal feed micronutrients market growth. Further, manganese improves the immune function in cattle and reduces milk fever, which enables the dairy producer to experience less loss in their operation.

Market Segmentation

Global Animal Feed Micronutrients Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

The market for animal feed micronutrients, by product, is divided into:

• Manganese
• Iron
• Boron
• Zinc
• Copper
• Others

Based on application, the market is segmented into:

• Ruminants
• Swine
• Poultry
• Equine
• Aqua
• Others

Market Breakup by Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Rising Concerns towards Animal Health to Drive the Market Growth of Animal Feed Micronutrients

The increasing concerns over animal health and the prevalence of diseases like beriberi and scurvy due to nutritional deficiency worldwide are leading to the steady growth of the animal feed micronutrients market. Micronutrients play a critical role in improving animal health, and the growing dependency of the global population on animal products, like eggs, milk, and meat, among others, is leading to the rising demand for micronutrients in animal feed. The development of the animal husbandry sector in emerging countries is contributing to the market expansion. Additionally, the government initiatives to support the livestock sector and promote animal health in order to meet the increasing food security concerns are aiding the market growth. Further, the rising spending on livestock farming and the new product launches by the leading market players to expand their product portfolio of animal health and nutrition are expected to augment the market over the forecast period.

Key Players in the Global Market for Animal Feed Micronutrients

The report gives a detailed analysis of the following key players in the global animal feed micronutrients market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Cargill Incorporated
• Nutreco N.V.
• Kemin Industries, Inc.
• Archer Daniels Midland Company
• Lallemand Inc.
• Aries Agro Limited.
• Others

The comprehensive report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.