Animal Feed Organic Trace Mineral Market Size Worth $1,023.98 Million By 2032 | CAGR: 7.3%

The global animal feed organic trace minerals market size is expected to reach USD 1,023.98 million by 2032, according to a new study by Polaris Market Research. The report “Animal Feed Organic Trace Minerals Market [By Product (Zinc, Iron, Copper, Selenium); By Application; By Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa)]: Market size & Forecast, 2023-2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The essential minerals, which are present in trace amounts in animal feed, are associated to organic compounds like polysaccharides and amino acids. Poultry, dairy cattle, horses, pigs, and end-use industries are just a few examples of where organic trace elements are used.

The increased use of organic trace minerals in animal feed is also attributed to the growing popularity of water-soluble natural feed additives, and expanding animal feed industries worldwide.

The market for animal feed trace minerals is primarily being driven by the rising demand for meat from animals that is mineral-rich. The consumers' top preferences for animal meat are high protein content and premium grade. Other factors contributing to the increased use of trace elements in animal feed include the rising popularity of water-soluble natural feed additives and expanding animal feed industries globally.

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The market is expected to increase as a result of the rising demand for trace organic minerals in animal feed brought on by worries about environmental contamination brought on by the extensive use of chemicals in agriculture. In addition, the use of copper to increase egg fertility and zinc and amino acids to reinforce chicken eggshells are fueling the market's expansion.

Animal Feed Organic Trace Minerals Market Report Highlights

• Iron, copper, zinc, selenium, and other critical minerals are present in livestock feed, along with other minerals like cobalt and manganese. The market for organic trace minerals in animal feed is anticipated to expand due to the increasing demand for animal feed worldwide.
• The poultry segment accounted for the largest revenue share, which is the most consumed meat in the world. Chicken, eggs, and turkeys are the most common meat sources in this segment.
• After chicken, pork is the meat that is the fastest growing segment worldwide. For high-quality and consumption, it is regarded as a rich source of protein, which has been a main driver of pork feed over time.
• The global players include Archer-Daniels-Midland Company, Alltech, Biochem Zusatzstoffe Handels- and Produktionsgesellschaft mbH, BASF SE, QualiTech and Zinpro Corporation, Cargill Incorporated, Kemin Industries Inc., Novus International Inc. (Mitsui & Co. Ltd.), Nutreco N.V., Koninklijke DSM N.V, Orffa Additives B.V.,

Polaris Market Research has segmented Animal Feed Organic Trace Minerals Market report based on Product, application, and region:

Animal Feed Organic Trace Minerals, By Product Outlook (Revenue - USD Million, 2019-2032)

• Zinc
• Iron
• Copper
• Selenium

Animal Feed Organic Trace Minerals, By Application Outlook (Revenue - USD Million, 2019-2032)

• Dairy Cattle
• Poultry
• Horses
• Pigs

Animal Feed Organic Trace Minerals, Regional Outlook (Revenue - USD Million, 2019-2032)

• North America
  • United Sates
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • United Kingdom
  • France
  • Russia
  • Spain
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • Rest of Asia-Pacific
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East & Africa
  • Saudi Arabia
  • South Africa
  • Egypt
  • Rest of Middle East and Africa