Feed Micronutrients Market Analysis: Global Industry Size, Growth and Forecast

Report ID : 1318286 | Published : June 2025 | Study Period : 2023-2033 | Format : PDF + Excel

The market size of the Feed Micronutrients Market is categorized based on Microelement Type (Zinc, Iron, Copper, Manganese, Selenium) and Animal Type (Poultry, Swine, Ruminants, Aquaculture, Other Animals) and Form (Liquid, Powder, Granular) and Application (Feed Additives, Fertilizers, Nutritional Supplements) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

Valued at 2.5 billion USD in 2023, the Feed Micronutrients Market size is expected to grow to 4.5 billion USD by 2033, with a CAGR of 6.1% from 2024 to 2033. The report comprises various segments and analyzes the trends and factors playing a substantial role in the market.

The Feed Micronutrients Market furnishes a segment of the agricultural industry at large wherein livestock health and productivity are of primary concern. With the increasing global demand for animal protein, other animal products, as well as livestock farming, micronutrient supplementation has received much attention. These include mammalian vitamins and trace minerals that are critical for optimal growth, reproduction, and well-being. By addressing dietary insufficiencies in animals, feed micronutrients improve animal diet efficiency and contribute to more environmentally sustainable farming, thereby supporting a healthier agricultural ecosystem.

Countless “micronutrients” such as minerals, trace elements and vitamins are required in minute amounts yet are critical for a number of biochemical, physiological, developmental, and immunological functions. Their supplementation alongside other livestock nutritional advancements is promising growing demand for livestock feed across the globe as meat consumption continues to rise. Animal welfare is another vital contributor to the enhancement of feed micronutrient market growth. Producers and farmers are increasingly becoming aware of their market competition and are trying to streamline their practices. Inclusion of micronutrients in the feed has emerged as a more profitable way to enhance animal performance as the profitability is higher than the costs incurred. There are also growing changes in personalized animal nutrition, which is motivating development innovations that respond to species, age, and stage of production.

Given the pace at which the industry is evolving, it is evident that there is intense competition in doing effective research and development for developing advanced feed micronutrient solutions. Therefore, the Feed Micronutrients Market is expected to grow continuously. Both existing companies and new ventures have opportunities to take advantage of the rising awareness about the advantages of micronutrient supplementation. Verified Industry Insights intends to support business decisions with extensive analytical insights by preparing detailed research reports for each market.

 

ATTRIBUTES	DETAILS
STUDY PERIOD	2023-2033
BASE YEAR	2023
FORECAST PERIOD	2024-2033
HISTORICAL PERIOD	2023-2024
UNIT	VALUE (USD BILLION)
KEY COMPANIES PROFILED	Nutreco N.V., Cargill, Incorporated, ADM Animal Nutrition, Alltech Inc., BASF SE, Zinpro Corporation, Kemin Industries Inc., Novus International Inc., Evonik Industries AG, Pancosma SA, Groupe Grimaud
SEGMENTS COVERED	By Microelement Type - Zinc, Iron, Copper, Manganese, Selenium By Animal Type - Poultry, Swine, Ruminants, Aquaculture, Other Animals By Form - Liquid, Powder, Granular By Application - Feed Additives, Fertilizers, Nutritional Supplements By Geography - North America, Europe, APAC, Middle East Asia & Rest of World.

---

Feed Micronutrients Market Dynamics

The Feed Micronutrients Market is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.

Market Drivers

1. Technological Advancements
2. Increasing Consumer Demand
3. Regulatory Support
4. Globalization

Market Restraints

1. High Operational Costs
2. Regulatory Challenges
3. Market Saturation

Market Opportunities

1. Emerging Markets
2. Product Innovation
3. Strategic Partnerships

Market Challenges

1. Technological Disruptions
2. Supply Chain Issues
3. Changing Consumer Preferences

---

Key Players in the Feed Micronutrients Market

This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.

• Nutreco N.V.
• Cargill
• Incorporated
• ADM Animal Nutrition
• Alltech Inc.
• BASF SE
• Zinpro Corporation
• Kemin Industries Inc.
• Novus International Inc.
• Evonik Industries AG
• Pancosma SA
• Groupe Grimaud

---

Customization Options

Verified Industry Insights offers one of the following report customization options to our respectable clients :

Company Profiling

● Detailed profiling of additional market players (up to three players)
● SWOT analysis of key players (up to three players)

Competitive Benchmarking

● Benchmarking of key players on the following parameters : Product portfolio, geographical reach, regional presence, and strategic alliances.

Custom Research

Verified Industry Insights offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [email protected] or call us at +1 743 222 5439

© 2024 Verified Industry Insights. All Rights Reserved