Report ID : 1372150 | Published : May 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Trace Minerals (Chelated) In Feed Market is categorized based on Type (Amino Acid Chelates, Protein Chelates, Organic Acid Chelates, Sugar Acid Chelates, Others) and Livestock (Cattle, Poultry, Swine, Aquaculture, Others) and Form (Liquid, Powder, Granular) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
Estimated at $1.2 billion in 2023, the Trace Minerals (Chelated) In Feed Market size is forecasted to reach $2.5 billion by 2033, exhibiting a CAGR of 7.8% between 2024 and 2033. The report includes various segments and analyzes key trends and factors that play a significant role in the market.
Trace Minerals (Chelated) in Feed Market Is a_submarket of the Agricultural and Livestock Sector which has gained importance with the enhancement in the understanding of the need of such minerals in animal health and productivity. Chelated trace minerals are easier to absorb than inorganic compounds, meaning that livestock can actually use the nutrients provided to them. With the increasing demand for animal products having higher quality, the use of chelated trace minerals is being embraced more widely by livestock producers for incorporation in feed formulations to obtain better growth rates, feed conversion ratios, and improve the welfare of animals.
Market impacts include: the rise in world population and the food supply gaps which need to be addressed in a sustainable manner. The industry meeting these demands brings about the adoption of better nutritional management, including the use of chelated trace minerals. This presents a not only an opportunity to suppliers and manufacturers of the feed, but also challenges them to concentrate on new solutions designed specifically for the needs of each species or production system.
In this world where everything is changing so fast, knowing the details of the Trace Minerals (Chelated) in Feed Market is crucial for the stakeholders trying to understand the intricacies of supply and demand. With the help of market research, companies can discover new business avenues, reduce risks, and form strategies that will help them in this competitive market. While looking into this market further, we aim to highlight the market’s key advances, struggles, and prospects to equip all industry stakeholders with the necessary insights.
ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2023-2033 |
BASE YEAR | 2023 |
FORECAST PERIOD | 2024-2033 |
HISTORICAL PERIOD | 2023-2024 |
UNIT | VALUE (USD BILLION) |
KEY COMPANIES PROFILED | Cargill, Incorporated, BASF SE, Alltech Inc., Nutreco N.V., Kemin Industries Inc., Adisseo France S.A.S., Zinpro Corporation, Pancosma S.A., Merck KGaA, Phibro Animal Health Corporation, Evonik Industries AG |
SEGMENTS COVERED |
By Type - Amino Acid Chelates, Protein Chelates, Organic Acid Chelates, Sugar Acid Chelates, Others By Livestock - Cattle, Poultry, Swine, Aquaculture, Others By Form - Liquid, Powder, Granular By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
The Trace Minerals (Chelated) In Feed 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.
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.
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