The animal feed organic trace minerals market size was approximately USD 693.33 Million in 2024 and is projected to grow over the forecast period 2025-2034 at a CAGR of 8.60%, reaching a value of USD 1.58 billion by 2034.
Market Segmentation
Iron, copper, zinc, manganese, chromium, and selenium are common organically bound trace minerals used in animal nutrition. It is reported that the addition of organic mineral complexes will improve the production of animals. The animal feed organic trace minerals industry can be divided on the basis of segments like product, livestock, and mineral type.
Factors encouraging the use of organic trace minerals are the increasing use of water-soluble natural feed-added materials, increased meat consumption, and the growth of the animal feed industry worldwide. For example, a change in the trend of food consumption, which involves the promotion of proteins from animal sources, plays a major role in the global growth of meat consumption. It is projected that increased outbreaks of animal diseases such as Avian Influenza (AI) will hamper the global market growth in the recent years. Poultry is one of the most susceptible to disease outbreaks within the industry. In 2016, the AI outbreaks in the United States reached over 47 million poultry birds, such as turkey and chicken. Therefore, reducing the after-effects of such outbreaks is a major challenge facing manufacturers and worldwide governing bodies. New opportunities for industrial development were generated by increasing research and development activities to optimize specific functions of organic trace minerals - for example, usage of zinc to strengthen poultry and copper eggshells to boost egg fertility.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global animal feed organic trace minerals industry, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
Alltech
BASF SE
Cargill, Incorporated
Kemin Industries, Inc.
Others
The report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.
Table of Contents
1 Executive Summary
1.1 Market Size 2024-2025 1.2 Market Growth 2025(F)-2034(F) 1.3 Key Demand Drivers 1.4 Key Players and Competitive Structure 1.5 Industry Best Practices 1.6 Recent Trends and Developments 1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends 2.2 Key Verticals 2.3 Key Regions 2.4 Supplier Power 2.5 Buyer Power 2.6 Key Market Opportunities and Risks 2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook 3.2 GDP Per Capita Growth 3.3 Inflation Trends 3.4 Democracy Index 3.5 Gross Public Debt Ratios 3.6 Balance of Payment (BoP) Position 3.7 Population Outlook 3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk 4.2 Business Climate
5 Global Animal Feed Organic Trace Minerals Market Analysis
5.1 Key Industry Highlights 5.2 Global Animal Feed Organic Trace Minerals Historical Market (2018-2024) 5.3 Global Animal Feed Organic Trace Minerals Market Forecast (2025-2034) 5.4 Global Animal Feed Organic Trace Minerals Market by Product 5.4.1 Organic 5.4.1.1 Historical Trend (2018-2024) 5.4.1.2 Forecast Trend (2025-2034) 5.4.2 Inorganic 5.4.2.1 Historical Trend (2018-2024) 5.4.2.2 Forecast Trend (2025-2034) 5.4.3 Others 5.5 Global Animal Feed Organic Trace Minerals Market by Livestock 5.5.1 Livestock 5.5.1.1 Historical Trend (2018-2024) 5.5.1.2 Forecast Trend (2025-2034) 5.5.2 Ruminants 5.5.2.1 Historical Trend (2018-2024) 5.5.2.2 Forecast Trend (2025-2034) 5.5.3 Poultry 5.5.3.1 Historical Trend (2018-2024) 5.5.3.2 Forecast Trend (2025-2034) 5.5.4 Swine 5.5.4.1 Historical Trend (2018-2024) 5.5.4.2 Forecast Trend (2025-2034) 5.5.5 Others 5.6 Global Animal Feed Organic Trace Minerals Market by Mineral Type 5.6.1 Zinc 5.6.1.1 Historical Trend (2018-2024) 5.6.1.2 Forecast Trend (2025-2034) 5.6.2 Iron 5.6.2.1 Historical Trend (2018-2024) 5.6.2.2 Forecast Trend (2025-2034) 5.6.3 Manganese 5.6.3.1 Historical Trend (2018-2024) 5.6.3.2 Forecast Trend (2025-2034) 5.6.4 Copper 5.6.4.1 Historical Trend (2018-2024) 5.6.4.2 Forecast Trend (2025-2034) 5.6.5 Others 5.7 Global Animal Feed Organic Trace Minerals Market by Region 5.7.1 North America 5.7.1.1 Historical Trend (2018-2024) 5.7.1.2 Forecast Trend (2025-2034) 5.7.2 Europe 5.7.2.1 Historical Trend (2018-2024) 5.7.2.2 Forecast Trend (2025-2034) 5.7.3 Asia-Pacific 5.7.3.1 Historical Trend (2018-2024) 5.7.3.2 Forecast Trend (2025-2034) 5.7.4 Latin America 5.7.4.1 Historical Trend (2018-2024) 5.7.4.2 Forecast Trend (2025-2034) 5.7.5 Middle East and Africa 5.7.5.1 Historical Trend (2018-2024) 5.7.5.2 Forecast Trend (2025-2034)
6 North America Animal Feed Organic Trace Minerals Market Analysis
6.1 United States of America 6.1.1 Historical Trend (2018-2024) 6.1.2 Forecast Trend (2025-2034) 6.2 Canada 6.2.1 Historical Trend (2018-2024) 6.2.2 Forecast Trend (2025-2034)
7 Europe Animal Feed Organic Trace Minerals Market Analysis
10 Middle East and Africa Animal Feed Organic Trace Minerals Market Analysis
10.1 Saudi Arabia 10.1.1 Historical Trend (2018-2024) 10.1.2 Forecast Trend (2025-2034) 10.2 United Arab Emirates 10.2.1 Historical Trend (2018-2024) 10.2.2 Forecast Trend (2025-2034) 10.3 Nigeria 10.3.1 Historical Trend (2018-2024) 10.3.2 Forecast Trend (2025-2034) 10.4 South Africa 10.4.1 Historical Trend (2018-2024) 10.4.2 Forecast Trend (2025-2034) 10.5 Others
11 Market Dynamics
11.1 SWOT Analysis 11.1.1 Strengths 11.1.2 Weaknesses 11.1.3 Opportunities 11.1.4 Threats 11.2 Porter’s Five Forces Analysis 11.2.1 Supplier’s Power 11.2.2 Buyer’s Power 11.2.3 Threat of New Entrants 11.2.4 Degree of Rivalry 11.2.5 Threat of Substitutes 11.3 Key Indicators for Demand 11.4 Key Indicators for Price
12 Value Chain Analysis13 Price Analysis
14 Competitive Landscape
14.1 Supplier Selection 14.2 Key Global Players 14.3 Key Regional Players 14.4 Key Player Strategies 14.5 Company Profiles 14.5.1 Alltech 14.5.1.1 Company Overview 14.5.1.2 Product Portfolio 14.5.1.3 Demographic Reach and Achievements 14.5.1.4 Certifications 14.5.2 BASF SE 14.5.2.1 Company Overview 14.5.2.2 Product Portfolio 14.5.2.3 Demographic Reach and Achievements 14.5.2.4 Certifications 14.5.3 Cargill, Incorporated 14.5.3.1 Company Overview 14.5.3.2 Product Portfolio 14.5.3.3 Demographic Reach and Achievements 14.5.3.4 Certifications 14.5.4 Kemin Industries, Inc. 14.5.4.1 Company Overview 14.5.4.2 Product Portfolio 14.5.4.3 Demographic Reach and Achievements 14.5.4.4 Certifications 14.5.5 Others
Companies Mentioned
The key companies featured in this Animal Feed Organic Trace Minerals market report include:
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