Trace Minerals in Feed Market by Type (Iron, Zinc, Manganese, Copper, Cobalt, Chromium, Other Types), Livestock , Chelate Type (Amino Acids, Proteinates, Polysaccharides, Other Chelate Types), Form, and Region - Global Forecast to 2025
The global Trace minerals in feed market is estimated to be valued at USD 472 million in 2020. It is projected to reach a value of USD 608 million by 2025, growing at a CAGR of 5.2% during the forecast period. Due to Increase in the bioavailability of trace mineral, growing market for specialty feed ingredient, and the shift toward natural growth promoters (NGPs) due to the increase in awareness pertaining to feed and food safety drives the market for trace minerals in feed.
“The market for iron projected to grow at the highest CAGR between 2020 and 2025.”
The iron segment is the most dominant as well as fastest growing type of mineral in the trace minerals in feed market. Iron is considered the main constituent in the formation of hemoglobin and myoglobin, as it supports the transport of oxygen to all parts of the body. The deficiency of iron causes stunted growth, pale mucous membranes, anemia, and diarrhea in livestock. Common sources of iron include fish, meat, cereal by-products, oilseed meals, blood meal, fishmeal, meat meal, spinach, and broccoli. Oxides and carbonates are rare forms of iron availability. Red iron oxide, yellow iron oxide, ferrous sulfate, and iron carbonate are used as additional supplements for iron. In recent years, several ferrous compounds have been approved for use as an additive in feed products which is aiding the growth of the market.
“The poultry segment is projected to grow at the highest CAGR between 2020 and 2025.”
The poultry segment accounts for the largest share and is also projected to grow at the fastest rate during the forecast period. In 2019, the global poultry market increased significantly. The countries with the highest volumes of poultry consumption in 2019 were China, the U.S, and Brazil, with a combined 40% share of global consumption. These countries were followed by Russia, Mexico, India, Japan, Indonesia, Iran, South Africa, Malaysia, and Myanmar, which together accounted for a further 21%. There is a significant increase for poultry meat therefore people are engaging in poultry farming and animal rearing to fulfil this demand. This has eventually caused a rise in demand for animal feed in the market.
The most effective way to achieve the highest production is to supply these birds with chelated organic trace minerals, such as zinc, copper, and manganese, to increase their performance, which has led to an increase in demand for trace minerals. Trace minerals are indispensable components in poultry diets. They are required for the growth, bone and feather development, and enzyme structure. The immune functions of all poultry species depend on trace minerals. This drives the growth of trace minerals in feed market across the globe.
“Amino acid segment is projected to grow at the highest CAGR between 2020 and 2025.”
The amino acids segment accounted for the largest market share in 2019. As using micro or trace minerals in the amino acid chelate form is the most efficient way to optimize the feed supplements and provide animals with the maximum nutritional benefits possible. Amino acids are considered an ideal chelator due to their ability to be easily absorbed in the animal body. This is due to the attachment of amino acids to the mineral molecules that create a more stable structure, which helps the minerals survive in the acidic environment of the stomach. Furthermore, trace minerals are protected from various bacteria present in the body of animals, and enzymes are unable to degrade it. It also inhibits the antagonistic action between metal ions and decreases the breaking down of vitamins in the feed. Due to these factors amino acids is the most dominant segment as well as the fastest growing segment in the trace minerals for feed market.
“The liquid segment, projected to grow at the highest CAGR between 2020 and 2025.”
The liquid form is expected to grow at a higher growth rate as it helps to deliver minerals consistently, which is optimal for the nutritional requirements of livestock. The use of liquid feed products has become increasingly popular, as they provide important benefits over dry feed products in the cattle and pig production. The capacity of producers to make quick diet adjustments with liquid feed products and ease in mixing these products in new supplements at appropriate rates are some of the key factors that are also projected to drive their demand. The liquid form is witnessing a high adoption for injecting trace minerals, such as iron, zinc, chromium, and selenium, into the young livestock, which helps them gain weight at a faster rate. In addition, increased weight of animals implies high meat quantity, which results in a rise in profit for producers. This technique is most prevalent in the meat and dairy industries.
“Europe market for trace minerals in feed is projected to grow at the highest CAGR during the forecast period. “
The Trace minerals in feed market is estimated to grow significantly in the European region. The European market is one of the largest consumers of trace minerals in feed and is growing at a fastest rate. The wide-scale use of trace minerals in European animal nutrition is attributed to the European Commission’s focus on reducing input costs and enhancing animal health in the early stages of growth. increase in consumption of animal products is expected to depend on the income growth and shift in the eating habits of consumers. The increase in the consumption of meat products is projected to support the growth of the European feed trace minerals market. Other factors, such as the increase in awareness among growers about the benefits and use of trace minerals, as well as advancements in the animal industry in most regional countries, are also projected to drive the growth of the market
In the process of determining and verifying the market size for several segments and sub-segments gathered through secondary research, extensive primary interviews have been conducted with the key experts.
The breakup of the profiles of primary participants is as follows:
Research Coverage
The report segments the trace minerals in feed market based on type, livestock, chelate type, form and region. in terms of insights, this report has focused on various levels of analyses—competitive landscape, end-use analysis, and company profiles—which together comprise and discuss views on the emerging & high-growth segments of the Trace minerals in feed high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.
Reasons to Buy the Report:
“The market for iron projected to grow at the highest CAGR between 2020 and 2025.”
The iron segment is the most dominant as well as fastest growing type of mineral in the trace minerals in feed market. Iron is considered the main constituent in the formation of hemoglobin and myoglobin, as it supports the transport of oxygen to all parts of the body. The deficiency of iron causes stunted growth, pale mucous membranes, anemia, and diarrhea in livestock. Common sources of iron include fish, meat, cereal by-products, oilseed meals, blood meal, fishmeal, meat meal, spinach, and broccoli. Oxides and carbonates are rare forms of iron availability. Red iron oxide, yellow iron oxide, ferrous sulfate, and iron carbonate are used as additional supplements for iron. In recent years, several ferrous compounds have been approved for use as an additive in feed products which is aiding the growth of the market.
“The poultry segment is projected to grow at the highest CAGR between 2020 and 2025.”
The poultry segment accounts for the largest share and is also projected to grow at the fastest rate during the forecast period. In 2019, the global poultry market increased significantly. The countries with the highest volumes of poultry consumption in 2019 were China, the U.S, and Brazil, with a combined 40% share of global consumption. These countries were followed by Russia, Mexico, India, Japan, Indonesia, Iran, South Africa, Malaysia, and Myanmar, which together accounted for a further 21%. There is a significant increase for poultry meat therefore people are engaging in poultry farming and animal rearing to fulfil this demand. This has eventually caused a rise in demand for animal feed in the market.
The most effective way to achieve the highest production is to supply these birds with chelated organic trace minerals, such as zinc, copper, and manganese, to increase their performance, which has led to an increase in demand for trace minerals. Trace minerals are indispensable components in poultry diets. They are required for the growth, bone and feather development, and enzyme structure. The immune functions of all poultry species depend on trace minerals. This drives the growth of trace minerals in feed market across the globe.
“Amino acid segment is projected to grow at the highest CAGR between 2020 and 2025.”
The amino acids segment accounted for the largest market share in 2019. As using micro or trace minerals in the amino acid chelate form is the most efficient way to optimize the feed supplements and provide animals with the maximum nutritional benefits possible. Amino acids are considered an ideal chelator due to their ability to be easily absorbed in the animal body. This is due to the attachment of amino acids to the mineral molecules that create a more stable structure, which helps the minerals survive in the acidic environment of the stomach. Furthermore, trace minerals are protected from various bacteria present in the body of animals, and enzymes are unable to degrade it. It also inhibits the antagonistic action between metal ions and decreases the breaking down of vitamins in the feed. Due to these factors amino acids is the most dominant segment as well as the fastest growing segment in the trace minerals for feed market.
“The liquid segment, projected to grow at the highest CAGR between 2020 and 2025.”
The liquid form is expected to grow at a higher growth rate as it helps to deliver minerals consistently, which is optimal for the nutritional requirements of livestock. The use of liquid feed products has become increasingly popular, as they provide important benefits over dry feed products in the cattle and pig production. The capacity of producers to make quick diet adjustments with liquid feed products and ease in mixing these products in new supplements at appropriate rates are some of the key factors that are also projected to drive their demand. The liquid form is witnessing a high adoption for injecting trace minerals, such as iron, zinc, chromium, and selenium, into the young livestock, which helps them gain weight at a faster rate. In addition, increased weight of animals implies high meat quantity, which results in a rise in profit for producers. This technique is most prevalent in the meat and dairy industries.
“Europe market for trace minerals in feed is projected to grow at the highest CAGR during the forecast period. “
The Trace minerals in feed market is estimated to grow significantly in the European region. The European market is one of the largest consumers of trace minerals in feed and is growing at a fastest rate. The wide-scale use of trace minerals in European animal nutrition is attributed to the European Commission’s focus on reducing input costs and enhancing animal health in the early stages of growth. increase in consumption of animal products is expected to depend on the income growth and shift in the eating habits of consumers. The increase in the consumption of meat products is projected to support the growth of the European feed trace minerals market. Other factors, such as the increase in awareness among growers about the benefits and use of trace minerals, as well as advancements in the animal industry in most regional countries, are also projected to drive the growth of the market
In the process of determining and verifying the market size for several segments and sub-segments gathered through secondary research, extensive primary interviews have been conducted with the key experts.
The breakup of the profiles of primary participants is as follows:
- By Manufacturers: Tier 1 – 65%, Tier 2 – 20%, and Tier 3 – 15%
- By Designation: CXOs – 40%, Directors – 30%, Others – 30%
- By Geography: Europe – 45%, Asia Pacific – 25%, North America – 10%, South America – 5%, and RoW – 15%
Research Coverage
The report segments the trace minerals in feed market based on type, livestock, chelate type, form and region. in terms of insights, this report has focused on various levels of analyses—competitive landscape, end-use analysis, and company profiles—which together comprise and discuss views on the emerging & high-growth segments of the Trace minerals in feed high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.
Reasons to Buy the Report:
- Illustrative segmentation, analysis, and forecast pertaining to the trace minerals in feed market based on type, species, application and geography have been conducted to provide an overall view of the Trace minerals in feed market
- Major drivers, restraints, and opportunities for the Trace minerals in feed market have been detailed in this report.
- A bird’s eye view of the pricing, trade situation, technological changes, and market ecosystem have been provided in the report.
- Detailed insights into the competitive landscape has been provided for established players and start-ups in the industry.
- Breakdown of the market share of major players in the trace minerals in feed market has been provided after analyzing the segmental revenue, product portfolio, and global presence of the manufacturers
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
FIGURE 1 TRACE MINERALS IN FEED: MARKET SEGMENTATION
FIGURE 2 REGIONAL SEGMENTATION
1.4 PERIODIZATION CONSIDERED
1.5 CURRENCY CONSIDERED
TABLE 1 USD EXCHANGE RATE, 2015–2019
1.6 UNITS
1.7 STAKEHOLDERS
1.8 INCLUSIONS & EXCLUSIONS
1.9 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 3 RESEARCH DESIGN: TRACE MINERALS IN FEED MARKET
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.3 MARKET BREAKDOWN & DATA TRIANGULATION
FIGURE 6 DATA TRIANGULATION METHODOLOGY
2.4 RESEARCH ASSUMPTIONS & LIMITATIONS
2.4.1 ASSUMPTIONS
2.4.2 LIMITATIONS OF THE STUDY
3 EXECUTIVE SUMMARY
FIGURE 7 GLOBAL TRACE MINERALS IN FEED MARKET, 2018–2025 (USD MILLION)
FIGURE 8 IRON TO HOLD THE LARGEST MARKET SHARE DUE TO ITS INCREASED IMPORTANCE IN REDUCING IMMUNE DEFICIENCIES AND OXIDATIVE STRESS
FIGURE 9 POULTRY ACCOUNTS FOR THE LARGEST SHARE DUE TO THE INCREASE IN DEMAND FOR ANIMAL PROTEIN IN HUMAN DIETS
FIGURE 10 DRY FORM OF TRACE MINERALS TO ACCOUNT FOR THE LARGEST SHARE DURING THE FORECAST PERIOD
FIGURE 11 AMINO ACIDS TO HOLD THE LARGEST SHARE DURING THE FORECAST PERIOD DUE TO THE EASE OF ABSORPTION
FIGURE 12 TRACE MINERALS IN FEED MARKET SNAPSHOT: ASIA PACIFIC ACCOUNTED FOR THE LARGEST SHARE, 2019 (USD MILLION)
4 PREMIUM INSIGHTS
4.1 OPPORTUNITIES IN THE TRACE MINERALS IN FEED MARKET
FIGURE 13 INCREASE IN DEMAND FOR COMPOUND FEED TO DRIVE THE MARKET GROWTH FOR TRACE MINERALS IN FEED
4.2 TRACE MINERALS IN FEED MARKET, BY TYPE
FIGURE 14 IRON HELD THE LARGEST SHARE IN THE TRACE MINERALS IN FEED MARKET IN 2019
4.3 ASIA PACIFIC: TRACE MINERALS IN FEED MARKET, BY LIVESTOCK AND KEY COUNTRIES
FIGURE 15 ASIA PACIFIC: CHINA IS ONE OF THE LARGEST MARKETS FOR TRACE MINERAL IN FEED
4.4 TRACE MINERALS IN FEED MARKET, BY FORM AND REGION
FIGURE 16 DRY FORM ACCOUNTED FOR THE LARGEST SHARE IN THE MARKET IN 2019 DUE TO ITS COST-EFFECTIVENESS AND EASE OF USAGE
4.5 TRACE MINERALS IN FEED MARKET, MAJOR REGIONAL SUBMARKETS
FIGURE 17 CHINA ACCOUNTED FOR THE LARGEST SHARE IN THE TRACE MINERALS IN FEED MARKET IN 2019
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MACROECONOMIC INDICATORS
5.2.1 INCREASING LIVESTOCK PRODUCTION
FIGURE 18 SHARE OF LIVESTOCK POPULATION, BY SPECIES, 2014
5.2.2 GROWING MEAT CONSUMPTION ACROSS THE GLOBE
FIGURE 19 MEAT PRODUCTION AND CONSUMPTION AT A GLOBAL SCALE, 2019 (THOUSAND TON)
5.3 MARKET DYNAMICS
FIGURE 20 INCREASE IN DEMAND FOR MEAT AND OTHER LIVESTOCK PRODUCTS TO DRIVE THE GROWTH OF THE TRACE MINERALS IN FEED MARKET
5.3.1 DRIVERS
5.3.1.1 Increase in the production of compound feed
FIGURE 21 COMPOUND FEED PRODUCTION, 2012–2017 (MILLION METRIC TON)
FIGURE 22 COMPOUND FEED PRODUCTION, BY COUNTRY, 2016–2018
(MILLION METRIC TON)
5.3.1.2 Increase in demand for animal protein in human diets
TABLE 2 PER CAPITA CONSUMPTION OF LIVESTOCK PRODUCTS
5.3.1.3 Increase in importance of animal nutrition in livestock production
TABLE 3 COMMON VITAMIN AND MINERAL DEFICIENCIES AMONG LIVESTOCK SPECIES
5.3.2 RESTRAINTS
5.3.2.1 Stringent regulatory framework governing the permissible limits of certain minerals in feed products
5.3.3 OPPORTUNITIES
5.3.3.1 Increase in the bioavailability of trace minerals
5.3.3.2 Growing market for specialty feed ingredients
5.3.3.3 Shift toward natural growth promoters (NGPs) due to the increase in awareness pertaining to feed and food safety
5.3.4 CHALLENGES
5.3.4.1 High prices associated with trace minerals as an additive
5.4 VALUE CHAIN ANALYSIS
FIGURE 23 VALUE CHAIN ANALYSIS
5.5 PATENT ANALYSIS
FIGURE 24 NUMBER OF PATENTS GRANTED FOR TRACE MINERAL PRODUCTS, 2016–2020
FIGURE 25 REGIONAL ANALYSIS OF PATENTS GRANTED IN THE TRACE MINERALS IN FEED MARKET, 2016–2020
TABLE 4 LIST OF A FEW PATENTS IN THE TRACE MINERALS IN FEED MARKET, 2019–2020
5.6 TECHNOLOGY ANALYSIS
5.7 MARKET ECOSYSTEM
5.8 AVERAGE PRICE ANALYSIS
FIGURE 26 AVERAGE PRICE TREND FOR TRACE MINERALS IN FEED, 2015–2020 (USD/KG)
5.9 TRADE ANALYSIS
FIGURE 27 EXPORT OF KEY MINERAL ORES AND CONCENTRATES, 2015–2019 (USD MILLION)
5.10 YC–YCC SHIFTS IN THE TRACE MINERALS IN FEED MARKET
FIGURE 28 DEMAND FOR TRACE MINERALS TO IMPROVE THE METABOLISM IS THE
NEW HOT BET IN THE MARKET
5.11 REGULATORY FRAMEWORK
5.11.1 NORTH AMERICA
5.11.1.1 US
5.11.1.2 Canada
5.11.2 EUROPE
5.11.3 ASIA PACIFIC
5.11.3.1 China
5.11.3.2 Japan
5.11.4 REST OF THE WORLD
5.11.4.1 South Africa
5.12 COVID-19 IMPACT ON THE TRACE MINERALS IN FEED MARKET
5.13 CASE STUDY ANALYSIS
5.13.1 SAMPLE: SPECIALTY FEED ADDITIVES MARKET – GLOBAL FORECAST TO 2025
6 TRACE MINERALS IN FEED, BY TYPE
6.1 INTRODUCTION
FIGURE 29 TRACE MINERALS MARKET SIZE, BY TYPE, 2020 VS. 2025 (USD MILLION)
TABLE 5 GLOBAL TRACE MINERALS IN FEED MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 6 GLOBAL TRACE MINERALS IN FEED MARKET SIZE, BY TYPE, 2018–2025 (TON)
6.2 IRON
6.2.1 INCREASE IN ACCEPTANCE FROM REGULATORY BODIES FOR USE AS A FEED ADDITIVE DRIVES THE DEMAND FOR IRON AS A TRACE MINERAL
TABLE 7 IRON TRACE MINERALS IN FEED MARKET SIZE, BY REGION, 2018–2025 (USD THOUSAND)
TABLE 8 IRON TRACE MINERALS IN FEED MARKET SIZE, BY REGION, 2018–2025 (TON)
6.3 ZINC
6.3.1 NEED FOR IMPROVING REPRODUCTIVE HEALTH AMONG SWINE AND CATTLE IS DRIVING THE DEMAND FOR ZINC
TABLE 9 ZINC TRACE MINERALS IN FEED MARKET SIZE, BY REGION, 2018–2025 (USD THOUSAND)
TABLE 10 ZINC TRACE MINERALS IN FEED MARKET SIZE, BY REGION, 2018–2025 (TON)
6.4 COPPER
6.4.1 HIGH DEMAND FOR IMPROVED SHELF LIFE OF FEED PRODUCTS TO DRIVE THE GROWTH OF THE MARKET FOR NEWER COMPOUNDS OF COPPER
TABLE 11 COPPER TRACE MINERALS IN FEED MARKET SIZE, BY REGION, 2018–2025 (USD THOUSAND)
TABLE 12 COPPER TRACE MINERALS IN FEED MARKET SIZE, BY REGION, 2018–2025 (TON)
6.5 MANGANESE
6.5.1 COST-EFFECTIVENESS OF MANGANESE TO DRIVE ITS MARKET GROWTH DURING THE FORECAST PERIOD
TABLE 13 MANGANESE TRACE MINERALS IN FEED MARKET SIZE, BY REGION, 2018–2025 (USD THOUSAND)
TABLE 14 MANGANESE TRACE MINERALS IN FEED MARKET SIZE, BY REGION, 2018–2025 (TON)
6.6 COBALT
6.6.1 HIGH DEMAND FOR INCREASING NUTRITION IN CATTLE FEED TO DRIVE THE GROWTH OF THE COBALT MARKET
TABLE 15 COBALT TRACE MINERALS IN FEED MARKET SIZE, BY REGION, 2018–2025 (USD THOUSAND)
TABLE 16 COBALT TRACE MINERALS IN FEED MARKET SIZE, BY REGION, 2018–2025 (TON)
6.7 CHROMIUM
6.7.1 BENEFITS OF CHROMIUM TO IMPROVE MILK PRODUCTION AND INSULIN RESISTANCE INCREASING ITS DEMAND IN THE MARKET
TABLE 17 CHROMIUM TRACE MINERALS IN FEED MARKET SIZE, BY REGION, 2018–2025 (USD THOUSAND)
TABLE 18 CHROMIUM TRACE MINERALS IN FEED MARKET SIZE, BY REGION, 2018–2025 (TON)
6.8 OTHER TYPES
6.8.1 HIGH BIO-EFFICACY OF ORGANIC SELENIUM HAS LED TO AN INCREASE IN ADOPTION AMONG LIVESTOCK SPECIES
TABLE 19 OTHER TRACE MINERALS IN FEED MARKET SIZE, BY REGION, 2018–2025 (USD THOUSAND)
TABLE 20 OTHER TRACE MINERALS IN FEED MARKET SIZE, BY REGION, 2018–2025 (TON)
7 TRACE MINERALS IN FEED MARKET, BY LIVESTOCK
7.1 INTRODUCTION
FIGURE 30 TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2020 VS. 2025
TABLE 21 GLOBAL TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
TABLE 22 GLOBAL TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (TON)
7.2 POULTRY
7.2.1 TRACE MINERALS PLAY AN IMPORTANT ROLE TO IMPROVE THE IMMUNITY OF POULTRY ANIMALS
TABLE 23 TRACE MINERALS IN FEED MARKET SIZE FOR POULTRY, BY REGION, 2018–2025 (USD MILLION)
TABLE 24 TRACE MINERALS IN FEED MARKET SIZE FOR POULTRY, BY REGION, 2018–2025 (TON)
TABLE 25 TRACE MINERALS IN FEED MARKET SIZE FOR POULTRY, BY TYPE, 2018–2025 (USD THOUSAND)
TABLE 26 TRACE MINERALS IN FEED MARKET SIZE FOR POULTRY, BY TYPE, 2018–2025 (TON)
7.3 RUMINANT
7.3.1 INCREASE IN CONSUMPTION OF PROCESSED DAIRY PRODUCTS HAS LED TO A HIGH DEMAND FOR TRACE MINERALS TO IMPROVE PRODUCTIVITY AMONG DAIRY COWS
TABLE 27 TRACE MINERALS IN FEED MARKET SIZE FOR RUMINANT, BY REGION, 2018–2025 (USD MILLION)
TABLE 28 TRACE MINERALS IN FEED MARKET SIZE FOR RUMINANT, BY REGION, 2018–2025 (TON)
TABLE 29 TRACE MINERALS IN FEED MARKET SIZE FOR RUMINANT, BY TYPE, 2018–2025 (USD THOUSAND)
TABLE 30 TRACE MINERALS IN FEED MARKET SIZE FOR RUMINANT, BY TYPE, 2018–2025 (TON)
7.4 SWINE
7.4.1 INCREASE IN CONSUMPTION OF PORK HAS LED TO A RISE IN DEMAND FOR TRACE MINERALS THAT ENHANCE THE MEAT QUALITY
TABLE 31 TRACE MINERALS IN FEED MARKET SIZE FOR SWINE, BY REGION, 2018–2025 (USD MILLION)
TABLE 32 TRACE MINERALS IN FEED MARKET SIZE FOR SWINE, BY REGION, 2018–2025 (TON)
TABLE 33 TRACE MINERALS IN FEED MARKET SIZE FOR SWINE, BY TYPE, 2018–2025 (USD THOUSAND)
TABLE 34 TRACE MINERALS IN FEED MARKET SIZE FOR SWINE, BY TYPE, 2018–2025 (TON)
7.5 AQUACULTURE
7.5.1 AS FRESHWATER OR SEAWATER IS UNABLE TO PROVIDE AQUATIC ANIMALS WITH ADEQUATE TRACE MINERALS, EXTERNAL SUPPLEMENTATION HAS BEEN INCREASED
TABLE 35 TRACE MINERALS IN FEED MARKET SIZE FOR AQUACULTURE, BY REGION, 2018–2025 (USD MILLION)
TABLE 36 TRACE MINERALS IN FEED MARKET SIZE FOR AQUACULTURE, BY REGION, 2018–2025 (TON)
TABLE 37 TRACE MINERALS IN FEED MARKET SIZE FOR AQUACULTURE, BY TYPE, 2018–2025 (USD THOUSAND)
TABLE 38 TRACE MINERALS IN FEED MARKET SIZE FOR AQUACULTURE, BY TYPE, 2018–2025 (TON)
7.6 OTHER LIVESTOCK
7.6.1 EQUINE AND PET ANIMALS ARE SUPPLEMENTED WITH TRACE MINERALS TO IMPROVE THEIR HEALTH AND OVERALL WELL-BEING
TABLE 39 TRACE MINERALS IN FEED MARKET SIZE FOR OTHER LIVESTOCK, BY REGION, 2018–2025 (USD MILLION)
TABLE 40 TRACE MINERALS IN FEED MARKET SIZE FOR OTHER LIVESTOCK, BY REGION, 2018–2025 (TON)
TABLE 41 TRACE MINERALS IN FEED MARKET SIZE FOR OTHER LIVESTOCK, BY TYPE, 2018–2025 (USD THOUSAND)
TABLE 42 TRACE MINERALS IN FEED MARKET SIZE FOR OTHER LIVESTOCK, BY TYPE, 2018–2025 (TON)
8 TRACE MINERALS IN FEED MARKET, BY CHELATE TYPE
8.1 INTRODUCTION
FIGURE 31 TRACE MINERALS IN FEED MARKET SHARE (VALUE), BY CHELATE TYPE, 2020 VS. 2025
TABLE 43 GLOBAL TRACE MINERALS IN FEED MARKET SIZE, BY CHELATE TYPE, 2018–2025 (USD MILLION)
8.2 AMINO ACIDS
8.2.1 MOST TRACE MINERAL MANUFACTURERS PROVIDE AMINO ACID CHELATES AS THEY ARE EASILY ABSORBED BY THE BODY OF ANIMALS
TABLE 44 TRACE MINERALS IN FEED MARKET SIZE IN AMINO ACIDS, BY REGION, 2018–2025 (USD MILLION)
8.3 PROTEINATES
8.3.1 AS PROTEINATES PRODUCE LESS HARSH METAL WASTE, ITS ADOPTION IS INCREASING GRADUALLY
TABLE 45 TRACE MINERALS IN FEED MARKET SIZE IN PROTEINATES, BY REGION, 2018–2025 (USD MILLION)
8.4 POLYSACCHARIDES
8.4.1 PROPER MINERAL ABSORPTION AND ENERGY STORAGE IN ANIMAL BODY HAVE LED TO THE INCREASE IN USE OF POLYSACCHARIDE CHELATES
IN FEED PRODUCTS
TABLE 46 TRACE MINERALS IN FEED MARKET SIZE IN POLYSACCHARIDES, BY REGION, 2018–2025 (USD MILLION)
8.5 OTHER CHELATE TYPES
8.5.1 HIGH SOLUBILITY OF PROTEINATES AND VARIOUS HEALTH BENEFITS
OF PEPTIDES TO DRIVE THEIR DEMAND
TABLE 47 TRACE MINERALS IN FEED MARKET SIZE IN OTHER CHELATE TYPES, BY REGION, 2018–2025 (USD MILLION)
9 TRACE MINERALS IN FEED MARKET, BY FORM
9.1 INTRODUCTION
FIGURE 32 TRACE MINERALS IN FEED MARKET SIZE, BY FORM, 2020 VS. 2025
TABLE 48 GLOBAL TRACE MINERALS IN FEED MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
9.2 DRY
9.2.1 COST-EFFECTIVENESS OF DRY TRACE MINERALS TO DRIVE THE MARKET GROWTH
TABLE 49 DRY TRACE MINERALS IN FEED MARKET SIZE, BY REGION, (USD MILLION) 2018–2025
9.3 LIQUID
9.3.1 LIQUID TRACE MINERALS TO WITNESS HIGH DEMAND AS THEY CAN BE DIRECTLY INJECTED IN ANIMALS AND ARE CONSIDERED MORE EFFECTIVE ON THEIR HEALTH
TABLE 50 LIQUID TRACE MINERALS IN FEED MARKET SIZE, BY REGION, (USD MILLION) 2018–2025
10 TRACE MINERALS IN FEED MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 33 CATTLE STOCK IN SELECTED COUNTRIES, 2019 VS 2020, (1000 HEADS)
FIGURE 34 ITALY TO GROW AT THE HIGHEST CAGR IN THE TRACE MINERALS IN FEED MARKET DURING THE FORECAST PERIOD
TABLE 51 GLOBAL TRACE MINERALS IN FEED MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 52 GLOBAL TRACE MINERALS IN FEED MARKET SIZE, BY REGION, 2018–2025 (TON)
10.2 NORTH AMERICA
FIGURE 35 THE US DOMINATED THE NORTH AMERICAN TRACE MINERALS IN FEED MARKET IN 2019
TABLE 53 NORTH AMERICA: TRACE MINERALS IN FEED MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 54 NORTH AMERICA: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
TABLE 55 NORTH AMERICA: TRACE MINERALS IN FEED MARKET SIZE , BY LIVESTOCK, 2018–2025 (TON)
TABLE 56 NORTH AMERICA: TRACE MINERALS IN FEED MARKET, BY TYPE, 2018–2025 (USD THOUSAND)
TABLE 57 NORTH AMERICA: TRACE MINERALS IN FEED MARKET SIZE , BY TYPE, 2018–2025 (TON)
TABLE 58 NORTH AMERICA: TRACE MINERALS IN FEED MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 59 NORTH AMERICA: TRACE MINERALS IN FEED MARKET SIZE, BY CHELATE TYPE, 2018–2025 (USD MILLION)
10.2.1 US
10.2.1.1 Expansion of the beef, pork, and dairy industries has led to a rise in the use of health-enriching feed additives, driving the growth of the trace minerals in feed market in the US
FIGURE 36 PET FOOD FED TO ANIMALS IN THE US IN 2016 (MILLION TON)
FIGURE 37 COW MILK PRODUCTION IN THE US (1000 MT)
TABLE 60 US: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
10.2.2 CANADA
10.2.2.1 The well-established pork meat food processing industry drives the growth of the trace minerals in feed market for swine
FIGURE 38 SWINE PRODUCTION IN CANADA (1000 HEADS)
TABLE 61 CANADA: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
10.2.3 MEXICO
10.2.3.1 Increase in production and development of the egg sector has created a high demand for quality feed to improve poultry performance
FIGURE 39 EGG PRODUCTION IN MEXICO (1000 MT)
TABLE 62 MEXICO: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
10.3 EUROPE
FIGURE 40 EUROPE: TRACE MINERALS IN FEED MARKET SNAPSHOT
TABLE 63 EUROPE: TRACE MINERALS IN FEED MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 64 EUROPE: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
TABLE 65 EUROPE: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (TON)
TABLE 66 EUROPE: TRACE MINERALS IN FEED MARKET, BY TYPE, 2018–2025 (USD THOUSAND)
TABLE 67 EUROPE: TRACE MINERALS IN FEED MARKET, BY TYPE, 2018–2025 (TON)
TABLE 68 EUROPE: TRACE MINERALS IN FEED MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 69 EUROPE: TRACE MINERALS IN FEED MARKET, BY CHELATE TYPE, 2018–2025 (USD MILLION)
10.3.1 FRANCE
10.3.1.1 Domestic consumption of meat products plays a key role in driving the demand for feed additives and trace minerals in the market
TABLE 70 FRANCE: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
10.3.2 GERMANY
10.3.2.1 High preference for animal-sourced products, including meat products and milk, has led to a consistent quality supply of feed, driving the demand for trace minerals
TABLE 71 GERMANY: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
10.3.3 ITALY
10.3.3.1 Increase in consumption of white meat and poultry rearing to drive the growth of the trace minerals in the feed market in Italy
TABLE 72 ITALY: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
10.3.4 SPAIN
10.3.4.1 Increase in production of poultry meat and demand for the organic chicken to widen the application of trace minerals in the feed nutrition industry
TABLE 73 SPAIN: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
10.3.5 UK
10.3.5.1 Increase in consumption of ruminants and swine-sourced meat among consumers in the UK drives the growth of the trace minerals in feed market
TABLE 74 UK: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
10.3.6 RUSSIA
10.3.6.1 Increase in export of meat products to encourage the demand for nutritional feed in Russia
FIGURE 41 RUSSIA: MEAT EXPORT 2018–2019 (TON)
TABLE 75 RUSSIA: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
10.3.7 REST OF EUROPE
TABLE 76 REST OF EUROPE: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
10.4 ASIA PACIFIC
FIGURE 42 ASIA PACIFIC: TRACE MINERALS IN FEED MARKET SNAPSHOT
TABLE 77 ASIA PACIFIC: TRACE MINERALS IN FEED MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 78 ASIA PACIFIC: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
TABLE 79 ASIA PACIFIC: TRACE MINERALS FOR FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (TON)
TABLE 80 ASIA PACIFIC: TRACE MINERALS IN FEED MARKET SIZE, BY TYPE, 2018–2025 (USD THOUSAND)
TABLE 81 ASIA PACIFIC: TRACE MINERALS IN FEED MARKET SIZE, BY TYPE, 2018–2025 (TON)
TABLE 82 ASIA PACIFIC: TRACE MINERALS IN FEED MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 83 ASIA PACIFIC: TRACE MINERALS IN FEED MARKET SIZE, BY CHELATE TYPE, 2018–2025 (USD MILLION)
10.4.1 CHINA
10.4.1.1 Growing demand for poultry products such as white meat and eggs to drive the market for trace minerals to improve productivity of feed
TABLE 84 CHINA: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
10.4.2 INDIA
10.4.2.1 Demand for poultry in the country remains high as consumers are becoming health-conscious and chicken is a convenient source of protein
TABLE 85 INDIA: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
10.4.3 JAPAN
10.4.3.1 China’s consumption of livestock has witnessed a shift from seafood to poultry, which is witnessing a high demand
TABLE 86 JAPAN: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
10.4.4 THAILAND
10.4.4.1 Large-scale production of mineral-based aquafeed for marine animals drives the market growth in Thailand
TABLE 87 THAILAND: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
10.4.5 SOUTH KOREA
10.4.5.1 With the lack of resources for producing feed in the country, feed import has become a major concern in South Korea
TABLE 88 SOUTH KOREA: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
10.4.6 INDONESIA
10.4.6.1 Demand for mineral additives in poultry and aquaculture to drive the growth of the market
TABLE 89 INDONESIA: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD THOUSAND)
10.4.7 REST OF ASIA PACIFIC
10.4.7.1 Rest of Asia Pacific comprises countries such as the Philippines and Australia that increase the market size of the region
TABLE 90 REST OF ASIA PACIFIC: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
10.5 SOUTH AMERICA
TABLE 91 SOUTH AMERICA: TRACE MINERALS IN FEED MARKET, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 92 SOUTH AMERICA: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
TABLE 93 SOUTH AMERICA: TRACE MINERALS IN FEED MARKET SIZE , BY LIVESTOCK, 2018–2025 (TON)
TABLE 94 SOUTH AMERICA: TRACE MINERALS IN FEED MARKET, BY TYPE, 2018–2025 (USD THOUSAND)
TABLE 95 SOUTH AMERICA: TRACE MINERALS IN FEED MARKET SIZE , BY TYPE, 2018–2025 (TON)
TABLE 96 SOUTH AMERICA: TRACE MINERALS IN FEED MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 97 SOUTH AMERICA: TRACE MINERALS IN FEED MARKET SIZE, BY CHELATE TYPE, 2018–2025 (USD MILLION)
10.5.1 BRAZIL
10.5.1.1 Increase in export of beef to drive the growth of the trace minerals in feed market in Brazil
FIGURE 43 BEEF PRODUCTION IN BRAZIL, 2018-2020 (1000 MT)
FIGURE 44 BRAZIL CONSUMER MEAT PREFERENCE, 2018
TABLE 98 BRAZIL: TRACE MINERAL IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
10.5.2 ARGENTINA
10.5.2.1 Increase in focus on developing high-quality chicken meat products to drive the demand for trace minerals in feed products to improve animal health
FIGURE 45 HUMAN CHICKEN MEAT CONSUMPTION, 2018–2020 (1000 MT)
TABLE 99 ARGENTINA: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD THOUSAND)
10.5.3 REST OF SOUTH AMERICA
10.5.3.1 Increase in consumption of processed meat and dairy products to drive the demand for trace minerals
TABLE 100 REST OF SOUTH AMERICA: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD THOUSAND)
10.6 ROW
TABLE 101 ROW: TRACE MINERALS IN FEED MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 102 ROW: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
TABLE 103 ROW: TRACE MINERALS IN FEED MARKET SIZE , BY LIVESTOCK, 2018–2025 (TON)
TABLE 104 ROW: TRACE MINERALS IN FEED MARKET, BY TYPE, 2018–2025 (USD THOUSAND)
TABLE 105 ROW: TRACE MINERALS IN FEED MARKET SIZE , BY TYPE, 2018–2025 (TON)
TABLE 106 ROW: TRACE MINERALS IN FEED MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 107 ROW: TRACE MINERALS IN FEED MARKET SIZE, BY CHELATE TYPE, 2018–2025 (USD MILLION)
10.6.1 MIDDLE EAST
10.6.1.1 Growing demand for chicken meat products to drive the growth of the trace minerals in feed market
FIGURE 46 CHICKEN MEAT PRODUCTION IN SAUDI ARABIA, 2018–2021 (MT)
TABLE 108 MIDDLE EAST: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
10.6.2 AFRICA
10.6.2.1 High consumption of pork and beef in Africa has led to an increase in their production, which, in turn, is projected to drive the growth of the trace minerals in feed market
FIGURE 47 THE PER CAPITA CONSUMPTION OF MEAT IN SOUTH AFRICA, 2018 (KG/ANNUM)
TABLE 109 AFRICA: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD THOUSAND)
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
FIGURE 48 MARKET EVALUATION FRAMEWORK
11.2 RANKINGS OF KEY PLAYERS
FIGURE 49 CARGILL, INCORPORATED DOMINATED THE TRACE MINERALS
IN FEED MARKET IN 2019
11.3 MARKET SHARE ANALYSIS
11.4 COMPETITIVE SCENARIO
FIGURE 50 KEY DEVELOPMENTS IN THE TRACE MINERALS FOR FEED MARKET
(2018—2020)
11.4.1 NEW PRODUCT LAUNCHES
TABLE 110 NEW PRODUCT LAUNCHES, 2018-2020
11.4.2 EXPANSIONS & INVESTMENTS
TABLE 111 EXPANSIONS & INVESTMENTS, 2018-2020
11.4.3 ACQUISITIONS
TABLE 112 ACQUISITIONS, 2018-2020
11.4.4 PARTNERSHIPS, MERGERS, AND COLLABORATIONS
TABLE 113 PARTNERSHIPS, MERGERS, AND COLLABORATIONS, 2018-2019
12 COMPANY PROFILES
12.1 OVERVIEW
12.2 COMPANY EVALUATION MATRIX DEFINITIONS AND METHODOLOGY
12.2.1 STAR
12.2.2 EMERGING LEADERS
12.2.3 PERVASIVE
12.2.4 PARTICIPANT
FIGURE 51 TRACE MINERALS IN FEED COMPANY EVALUATION QUADRANT, 2019
12.3 COMPANY PROFILES
(Business overview, Products offered, Recent Developments, SWOT analysis, Right to win)*
12.3.1 CARGILL, INCORPORATED
FIGURE 52 CARGILL, INCORPORATED: COMPANY SNAPSHOT
12.3.2 ARCHER DANIELS MIDLAND COMPANY
FIGURE 53 ARCHER DANIELS MIDLAND COMPANY: COMPANY SNAPSHOT
12.3.3 BASF SE
FIGURE 54 BASF SE : COMPANY SNAPSHOT
12.3.4 BLUESTAR ADISSEO CO., LTD
FIGURE 55 BLUESTAR ADISSEO CO., LTD. : COMPANY SNAPSHOT
12.3.5 KONINKLIJKE DSM N.V.
FIGURE 56 KONINKLIJKE DSM N.V. : COMPANY SNAPSHOT
12.3.6 NUTRECON.V
12.3.7 ALLTECH
12.3.8 ZINPRO CORPORATION
12.3.9 ORFFA
12.3.10 NOVUS INTERNATIONAL
*Details on Business overview, Products offered, Recent Developments, SWOT analysis, Right to win might not be captured in case of unlisted companies.
12.4 START-UPS/SME’S EVALUATION MATRIX, 2019
12.4.1 PROGRESSIVE COMPANIES
12.4.2 STARTING BLOCKS
12.4.3 RESPONSIVE COMPANIES
12.4.4 DYNAMIC COMPANIES
FIGURE 57 TRACE MINERALS IN FEED MARKET COMPANY EVALUATION QUADRANT (FOR START-UPS/SME’S), 2019
(Business overview, Products offered, Recent Developments, SWOT analysis, Right to win)*
12.4.5 KEMIN INDUSTRIES, INC.
12.4.6 LALLEMAND, INC.
12.4.7 VIRBAC
FIGURE 58 VIRBAC: COMPANY SNAPSHOT
12.4.8 GLOBAL ANIMAL PRODUCTS
12.4.9 DR. PAUL LOHMANN GMBH & CO. KGAA
12.4.10 BIOCHEM ZUSATZSTOFFE
12.4.11 VETERINARY PROFESSIONAL SERVICES LTD
12.4.12 CHEMLOCK NUTRITION CORPORATION
12.4.13 DR. ECKEL ANIMAL NUTRITION GMBH & CO.KG
12.4.14 VETLINE
12.4.15 GREEN MOUNTAIN NUTRITIONAL SERVICES INC.
12.4.16 BIORIGIN
12.4.17 TANKE
12.4.18 JH BIOTECH, INC.
12.4.19 QUALITECH, INC.
*Details on Business overview, Products offered, Recent Developments, SWOT analysis, Right to win might not be captured in case of unlisted companies.
13 APPENDIX
13.1 DISCUSSION GUIDE
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.3 AVAILABLE CUSTOMIZATIONS
13.4 RELATED REPORTS
13.5 AUTHOR DETAILS
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
FIGURE 1 TRACE MINERALS IN FEED: MARKET SEGMENTATION
FIGURE 2 REGIONAL SEGMENTATION
1.4 PERIODIZATION CONSIDERED
1.5 CURRENCY CONSIDERED
TABLE 1 USD EXCHANGE RATE, 2015–2019
1.6 UNITS
1.7 STAKEHOLDERS
1.8 INCLUSIONS & EXCLUSIONS
1.9 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 3 RESEARCH DESIGN: TRACE MINERALS IN FEED MARKET
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.3 MARKET BREAKDOWN & DATA TRIANGULATION
FIGURE 6 DATA TRIANGULATION METHODOLOGY
2.4 RESEARCH ASSUMPTIONS & LIMITATIONS
2.4.1 ASSUMPTIONS
2.4.2 LIMITATIONS OF THE STUDY
3 EXECUTIVE SUMMARY
FIGURE 7 GLOBAL TRACE MINERALS IN FEED MARKET, 2018–2025 (USD MILLION)
FIGURE 8 IRON TO HOLD THE LARGEST MARKET SHARE DUE TO ITS INCREASED IMPORTANCE IN REDUCING IMMUNE DEFICIENCIES AND OXIDATIVE STRESS
FIGURE 9 POULTRY ACCOUNTS FOR THE LARGEST SHARE DUE TO THE INCREASE IN DEMAND FOR ANIMAL PROTEIN IN HUMAN DIETS
FIGURE 10 DRY FORM OF TRACE MINERALS TO ACCOUNT FOR THE LARGEST SHARE DURING THE FORECAST PERIOD
FIGURE 11 AMINO ACIDS TO HOLD THE LARGEST SHARE DURING THE FORECAST PERIOD DUE TO THE EASE OF ABSORPTION
FIGURE 12 TRACE MINERALS IN FEED MARKET SNAPSHOT: ASIA PACIFIC ACCOUNTED FOR THE LARGEST SHARE, 2019 (USD MILLION)
4 PREMIUM INSIGHTS
4.1 OPPORTUNITIES IN THE TRACE MINERALS IN FEED MARKET
FIGURE 13 INCREASE IN DEMAND FOR COMPOUND FEED TO DRIVE THE MARKET GROWTH FOR TRACE MINERALS IN FEED
4.2 TRACE MINERALS IN FEED MARKET, BY TYPE
FIGURE 14 IRON HELD THE LARGEST SHARE IN THE TRACE MINERALS IN FEED MARKET IN 2019
4.3 ASIA PACIFIC: TRACE MINERALS IN FEED MARKET, BY LIVESTOCK AND KEY COUNTRIES
FIGURE 15 ASIA PACIFIC: CHINA IS ONE OF THE LARGEST MARKETS FOR TRACE MINERAL IN FEED
4.4 TRACE MINERALS IN FEED MARKET, BY FORM AND REGION
FIGURE 16 DRY FORM ACCOUNTED FOR THE LARGEST SHARE IN THE MARKET IN 2019 DUE TO ITS COST-EFFECTIVENESS AND EASE OF USAGE
4.5 TRACE MINERALS IN FEED MARKET, MAJOR REGIONAL SUBMARKETS
FIGURE 17 CHINA ACCOUNTED FOR THE LARGEST SHARE IN THE TRACE MINERALS IN FEED MARKET IN 2019
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MACROECONOMIC INDICATORS
5.2.1 INCREASING LIVESTOCK PRODUCTION
FIGURE 18 SHARE OF LIVESTOCK POPULATION, BY SPECIES, 2014
5.2.2 GROWING MEAT CONSUMPTION ACROSS THE GLOBE
FIGURE 19 MEAT PRODUCTION AND CONSUMPTION AT A GLOBAL SCALE, 2019 (THOUSAND TON)
5.3 MARKET DYNAMICS
FIGURE 20 INCREASE IN DEMAND FOR MEAT AND OTHER LIVESTOCK PRODUCTS TO DRIVE THE GROWTH OF THE TRACE MINERALS IN FEED MARKET
5.3.1 DRIVERS
5.3.1.1 Increase in the production of compound feed
FIGURE 21 COMPOUND FEED PRODUCTION, 2012–2017 (MILLION METRIC TON)
FIGURE 22 COMPOUND FEED PRODUCTION, BY COUNTRY, 2016–2018
(MILLION METRIC TON)
5.3.1.2 Increase in demand for animal protein in human diets
TABLE 2 PER CAPITA CONSUMPTION OF LIVESTOCK PRODUCTS
5.3.1.3 Increase in importance of animal nutrition in livestock production
TABLE 3 COMMON VITAMIN AND MINERAL DEFICIENCIES AMONG LIVESTOCK SPECIES
5.3.2 RESTRAINTS
5.3.2.1 Stringent regulatory framework governing the permissible limits of certain minerals in feed products
5.3.3 OPPORTUNITIES
5.3.3.1 Increase in the bioavailability of trace minerals
5.3.3.2 Growing market for specialty feed ingredients
5.3.3.3 Shift toward natural growth promoters (NGPs) due to the increase in awareness pertaining to feed and food safety
5.3.4 CHALLENGES
5.3.4.1 High prices associated with trace minerals as an additive
5.4 VALUE CHAIN ANALYSIS
FIGURE 23 VALUE CHAIN ANALYSIS
5.5 PATENT ANALYSIS
FIGURE 24 NUMBER OF PATENTS GRANTED FOR TRACE MINERAL PRODUCTS, 2016–2020
FIGURE 25 REGIONAL ANALYSIS OF PATENTS GRANTED IN THE TRACE MINERALS IN FEED MARKET, 2016–2020
TABLE 4 LIST OF A FEW PATENTS IN THE TRACE MINERALS IN FEED MARKET, 2019–2020
5.6 TECHNOLOGY ANALYSIS
5.7 MARKET ECOSYSTEM
5.8 AVERAGE PRICE ANALYSIS
FIGURE 26 AVERAGE PRICE TREND FOR TRACE MINERALS IN FEED, 2015–2020 (USD/KG)
5.9 TRADE ANALYSIS
FIGURE 27 EXPORT OF KEY MINERAL ORES AND CONCENTRATES, 2015–2019 (USD MILLION)
5.10 YC–YCC SHIFTS IN THE TRACE MINERALS IN FEED MARKET
FIGURE 28 DEMAND FOR TRACE MINERALS TO IMPROVE THE METABOLISM IS THE
NEW HOT BET IN THE MARKET
5.11 REGULATORY FRAMEWORK
5.11.1 NORTH AMERICA
5.11.1.1 US
5.11.1.2 Canada
5.11.2 EUROPE
5.11.3 ASIA PACIFIC
5.11.3.1 China
5.11.3.2 Japan
5.11.4 REST OF THE WORLD
5.11.4.1 South Africa
5.12 COVID-19 IMPACT ON THE TRACE MINERALS IN FEED MARKET
5.13 CASE STUDY ANALYSIS
5.13.1 SAMPLE: SPECIALTY FEED ADDITIVES MARKET – GLOBAL FORECAST TO 2025
6 TRACE MINERALS IN FEED, BY TYPE
6.1 INTRODUCTION
FIGURE 29 TRACE MINERALS MARKET SIZE, BY TYPE, 2020 VS. 2025 (USD MILLION)
TABLE 5 GLOBAL TRACE MINERALS IN FEED MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 6 GLOBAL TRACE MINERALS IN FEED MARKET SIZE, BY TYPE, 2018–2025 (TON)
6.2 IRON
6.2.1 INCREASE IN ACCEPTANCE FROM REGULATORY BODIES FOR USE AS A FEED ADDITIVE DRIVES THE DEMAND FOR IRON AS A TRACE MINERAL
TABLE 7 IRON TRACE MINERALS IN FEED MARKET SIZE, BY REGION, 2018–2025 (USD THOUSAND)
TABLE 8 IRON TRACE MINERALS IN FEED MARKET SIZE, BY REGION, 2018–2025 (TON)
6.3 ZINC
6.3.1 NEED FOR IMPROVING REPRODUCTIVE HEALTH AMONG SWINE AND CATTLE IS DRIVING THE DEMAND FOR ZINC
TABLE 9 ZINC TRACE MINERALS IN FEED MARKET SIZE, BY REGION, 2018–2025 (USD THOUSAND)
TABLE 10 ZINC TRACE MINERALS IN FEED MARKET SIZE, BY REGION, 2018–2025 (TON)
6.4 COPPER
6.4.1 HIGH DEMAND FOR IMPROVED SHELF LIFE OF FEED PRODUCTS TO DRIVE THE GROWTH OF THE MARKET FOR NEWER COMPOUNDS OF COPPER
TABLE 11 COPPER TRACE MINERALS IN FEED MARKET SIZE, BY REGION, 2018–2025 (USD THOUSAND)
TABLE 12 COPPER TRACE MINERALS IN FEED MARKET SIZE, BY REGION, 2018–2025 (TON)
6.5 MANGANESE
6.5.1 COST-EFFECTIVENESS OF MANGANESE TO DRIVE ITS MARKET GROWTH DURING THE FORECAST PERIOD
TABLE 13 MANGANESE TRACE MINERALS IN FEED MARKET SIZE, BY REGION, 2018–2025 (USD THOUSAND)
TABLE 14 MANGANESE TRACE MINERALS IN FEED MARKET SIZE, BY REGION, 2018–2025 (TON)
6.6 COBALT
6.6.1 HIGH DEMAND FOR INCREASING NUTRITION IN CATTLE FEED TO DRIVE THE GROWTH OF THE COBALT MARKET
TABLE 15 COBALT TRACE MINERALS IN FEED MARKET SIZE, BY REGION, 2018–2025 (USD THOUSAND)
TABLE 16 COBALT TRACE MINERALS IN FEED MARKET SIZE, BY REGION, 2018–2025 (TON)
6.7 CHROMIUM
6.7.1 BENEFITS OF CHROMIUM TO IMPROVE MILK PRODUCTION AND INSULIN RESISTANCE INCREASING ITS DEMAND IN THE MARKET
TABLE 17 CHROMIUM TRACE MINERALS IN FEED MARKET SIZE, BY REGION, 2018–2025 (USD THOUSAND)
TABLE 18 CHROMIUM TRACE MINERALS IN FEED MARKET SIZE, BY REGION, 2018–2025 (TON)
6.8 OTHER TYPES
6.8.1 HIGH BIO-EFFICACY OF ORGANIC SELENIUM HAS LED TO AN INCREASE IN ADOPTION AMONG LIVESTOCK SPECIES
TABLE 19 OTHER TRACE MINERALS IN FEED MARKET SIZE, BY REGION, 2018–2025 (USD THOUSAND)
TABLE 20 OTHER TRACE MINERALS IN FEED MARKET SIZE, BY REGION, 2018–2025 (TON)
7 TRACE MINERALS IN FEED MARKET, BY LIVESTOCK
7.1 INTRODUCTION
FIGURE 30 TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2020 VS. 2025
TABLE 21 GLOBAL TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
TABLE 22 GLOBAL TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (TON)
7.2 POULTRY
7.2.1 TRACE MINERALS PLAY AN IMPORTANT ROLE TO IMPROVE THE IMMUNITY OF POULTRY ANIMALS
TABLE 23 TRACE MINERALS IN FEED MARKET SIZE FOR POULTRY, BY REGION, 2018–2025 (USD MILLION)
TABLE 24 TRACE MINERALS IN FEED MARKET SIZE FOR POULTRY, BY REGION, 2018–2025 (TON)
TABLE 25 TRACE MINERALS IN FEED MARKET SIZE FOR POULTRY, BY TYPE, 2018–2025 (USD THOUSAND)
TABLE 26 TRACE MINERALS IN FEED MARKET SIZE FOR POULTRY, BY TYPE, 2018–2025 (TON)
7.3 RUMINANT
7.3.1 INCREASE IN CONSUMPTION OF PROCESSED DAIRY PRODUCTS HAS LED TO A HIGH DEMAND FOR TRACE MINERALS TO IMPROVE PRODUCTIVITY AMONG DAIRY COWS
TABLE 27 TRACE MINERALS IN FEED MARKET SIZE FOR RUMINANT, BY REGION, 2018–2025 (USD MILLION)
TABLE 28 TRACE MINERALS IN FEED MARKET SIZE FOR RUMINANT, BY REGION, 2018–2025 (TON)
TABLE 29 TRACE MINERALS IN FEED MARKET SIZE FOR RUMINANT, BY TYPE, 2018–2025 (USD THOUSAND)
TABLE 30 TRACE MINERALS IN FEED MARKET SIZE FOR RUMINANT, BY TYPE, 2018–2025 (TON)
7.4 SWINE
7.4.1 INCREASE IN CONSUMPTION OF PORK HAS LED TO A RISE IN DEMAND FOR TRACE MINERALS THAT ENHANCE THE MEAT QUALITY
TABLE 31 TRACE MINERALS IN FEED MARKET SIZE FOR SWINE, BY REGION, 2018–2025 (USD MILLION)
TABLE 32 TRACE MINERALS IN FEED MARKET SIZE FOR SWINE, BY REGION, 2018–2025 (TON)
TABLE 33 TRACE MINERALS IN FEED MARKET SIZE FOR SWINE, BY TYPE, 2018–2025 (USD THOUSAND)
TABLE 34 TRACE MINERALS IN FEED MARKET SIZE FOR SWINE, BY TYPE, 2018–2025 (TON)
7.5 AQUACULTURE
7.5.1 AS FRESHWATER OR SEAWATER IS UNABLE TO PROVIDE AQUATIC ANIMALS WITH ADEQUATE TRACE MINERALS, EXTERNAL SUPPLEMENTATION HAS BEEN INCREASED
TABLE 35 TRACE MINERALS IN FEED MARKET SIZE FOR AQUACULTURE, BY REGION, 2018–2025 (USD MILLION)
TABLE 36 TRACE MINERALS IN FEED MARKET SIZE FOR AQUACULTURE, BY REGION, 2018–2025 (TON)
TABLE 37 TRACE MINERALS IN FEED MARKET SIZE FOR AQUACULTURE, BY TYPE, 2018–2025 (USD THOUSAND)
TABLE 38 TRACE MINERALS IN FEED MARKET SIZE FOR AQUACULTURE, BY TYPE, 2018–2025 (TON)
7.6 OTHER LIVESTOCK
7.6.1 EQUINE AND PET ANIMALS ARE SUPPLEMENTED WITH TRACE MINERALS TO IMPROVE THEIR HEALTH AND OVERALL WELL-BEING
TABLE 39 TRACE MINERALS IN FEED MARKET SIZE FOR OTHER LIVESTOCK, BY REGION, 2018–2025 (USD MILLION)
TABLE 40 TRACE MINERALS IN FEED MARKET SIZE FOR OTHER LIVESTOCK, BY REGION, 2018–2025 (TON)
TABLE 41 TRACE MINERALS IN FEED MARKET SIZE FOR OTHER LIVESTOCK, BY TYPE, 2018–2025 (USD THOUSAND)
TABLE 42 TRACE MINERALS IN FEED MARKET SIZE FOR OTHER LIVESTOCK, BY TYPE, 2018–2025 (TON)
8 TRACE MINERALS IN FEED MARKET, BY CHELATE TYPE
8.1 INTRODUCTION
FIGURE 31 TRACE MINERALS IN FEED MARKET SHARE (VALUE), BY CHELATE TYPE, 2020 VS. 2025
TABLE 43 GLOBAL TRACE MINERALS IN FEED MARKET SIZE, BY CHELATE TYPE, 2018–2025 (USD MILLION)
8.2 AMINO ACIDS
8.2.1 MOST TRACE MINERAL MANUFACTURERS PROVIDE AMINO ACID CHELATES AS THEY ARE EASILY ABSORBED BY THE BODY OF ANIMALS
TABLE 44 TRACE MINERALS IN FEED MARKET SIZE IN AMINO ACIDS, BY REGION, 2018–2025 (USD MILLION)
8.3 PROTEINATES
8.3.1 AS PROTEINATES PRODUCE LESS HARSH METAL WASTE, ITS ADOPTION IS INCREASING GRADUALLY
TABLE 45 TRACE MINERALS IN FEED MARKET SIZE IN PROTEINATES, BY REGION, 2018–2025 (USD MILLION)
8.4 POLYSACCHARIDES
8.4.1 PROPER MINERAL ABSORPTION AND ENERGY STORAGE IN ANIMAL BODY HAVE LED TO THE INCREASE IN USE OF POLYSACCHARIDE CHELATES
IN FEED PRODUCTS
TABLE 46 TRACE MINERALS IN FEED MARKET SIZE IN POLYSACCHARIDES, BY REGION, 2018–2025 (USD MILLION)
8.5 OTHER CHELATE TYPES
8.5.1 HIGH SOLUBILITY OF PROTEINATES AND VARIOUS HEALTH BENEFITS
OF PEPTIDES TO DRIVE THEIR DEMAND
TABLE 47 TRACE MINERALS IN FEED MARKET SIZE IN OTHER CHELATE TYPES, BY REGION, 2018–2025 (USD MILLION)
9 TRACE MINERALS IN FEED MARKET, BY FORM
9.1 INTRODUCTION
FIGURE 32 TRACE MINERALS IN FEED MARKET SIZE, BY FORM, 2020 VS. 2025
TABLE 48 GLOBAL TRACE MINERALS IN FEED MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
9.2 DRY
9.2.1 COST-EFFECTIVENESS OF DRY TRACE MINERALS TO DRIVE THE MARKET GROWTH
TABLE 49 DRY TRACE MINERALS IN FEED MARKET SIZE, BY REGION, (USD MILLION) 2018–2025
9.3 LIQUID
9.3.1 LIQUID TRACE MINERALS TO WITNESS HIGH DEMAND AS THEY CAN BE DIRECTLY INJECTED IN ANIMALS AND ARE CONSIDERED MORE EFFECTIVE ON THEIR HEALTH
TABLE 50 LIQUID TRACE MINERALS IN FEED MARKET SIZE, BY REGION, (USD MILLION) 2018–2025
10 TRACE MINERALS IN FEED MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 33 CATTLE STOCK IN SELECTED COUNTRIES, 2019 VS 2020, (1000 HEADS)
FIGURE 34 ITALY TO GROW AT THE HIGHEST CAGR IN THE TRACE MINERALS IN FEED MARKET DURING THE FORECAST PERIOD
TABLE 51 GLOBAL TRACE MINERALS IN FEED MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 52 GLOBAL TRACE MINERALS IN FEED MARKET SIZE, BY REGION, 2018–2025 (TON)
10.2 NORTH AMERICA
FIGURE 35 THE US DOMINATED THE NORTH AMERICAN TRACE MINERALS IN FEED MARKET IN 2019
TABLE 53 NORTH AMERICA: TRACE MINERALS IN FEED MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 54 NORTH AMERICA: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
TABLE 55 NORTH AMERICA: TRACE MINERALS IN FEED MARKET SIZE , BY LIVESTOCK, 2018–2025 (TON)
TABLE 56 NORTH AMERICA: TRACE MINERALS IN FEED MARKET, BY TYPE, 2018–2025 (USD THOUSAND)
TABLE 57 NORTH AMERICA: TRACE MINERALS IN FEED MARKET SIZE , BY TYPE, 2018–2025 (TON)
TABLE 58 NORTH AMERICA: TRACE MINERALS IN FEED MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 59 NORTH AMERICA: TRACE MINERALS IN FEED MARKET SIZE, BY CHELATE TYPE, 2018–2025 (USD MILLION)
10.2.1 US
10.2.1.1 Expansion of the beef, pork, and dairy industries has led to a rise in the use of health-enriching feed additives, driving the growth of the trace minerals in feed market in the US
FIGURE 36 PET FOOD FED TO ANIMALS IN THE US IN 2016 (MILLION TON)
FIGURE 37 COW MILK PRODUCTION IN THE US (1000 MT)
TABLE 60 US: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
10.2.2 CANADA
10.2.2.1 The well-established pork meat food processing industry drives the growth of the trace minerals in feed market for swine
FIGURE 38 SWINE PRODUCTION IN CANADA (1000 HEADS)
TABLE 61 CANADA: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
10.2.3 MEXICO
10.2.3.1 Increase in production and development of the egg sector has created a high demand for quality feed to improve poultry performance
FIGURE 39 EGG PRODUCTION IN MEXICO (1000 MT)
TABLE 62 MEXICO: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
10.3 EUROPE
FIGURE 40 EUROPE: TRACE MINERALS IN FEED MARKET SNAPSHOT
TABLE 63 EUROPE: TRACE MINERALS IN FEED MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 64 EUROPE: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
TABLE 65 EUROPE: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (TON)
TABLE 66 EUROPE: TRACE MINERALS IN FEED MARKET, BY TYPE, 2018–2025 (USD THOUSAND)
TABLE 67 EUROPE: TRACE MINERALS IN FEED MARKET, BY TYPE, 2018–2025 (TON)
TABLE 68 EUROPE: TRACE MINERALS IN FEED MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 69 EUROPE: TRACE MINERALS IN FEED MARKET, BY CHELATE TYPE, 2018–2025 (USD MILLION)
10.3.1 FRANCE
10.3.1.1 Domestic consumption of meat products plays a key role in driving the demand for feed additives and trace minerals in the market
TABLE 70 FRANCE: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
10.3.2 GERMANY
10.3.2.1 High preference for animal-sourced products, including meat products and milk, has led to a consistent quality supply of feed, driving the demand for trace minerals
TABLE 71 GERMANY: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
10.3.3 ITALY
10.3.3.1 Increase in consumption of white meat and poultry rearing to drive the growth of the trace minerals in the feed market in Italy
TABLE 72 ITALY: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
10.3.4 SPAIN
10.3.4.1 Increase in production of poultry meat and demand for the organic chicken to widen the application of trace minerals in the feed nutrition industry
TABLE 73 SPAIN: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
10.3.5 UK
10.3.5.1 Increase in consumption of ruminants and swine-sourced meat among consumers in the UK drives the growth of the trace minerals in feed market
TABLE 74 UK: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
10.3.6 RUSSIA
10.3.6.1 Increase in export of meat products to encourage the demand for nutritional feed in Russia
FIGURE 41 RUSSIA: MEAT EXPORT 2018–2019 (TON)
TABLE 75 RUSSIA: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
10.3.7 REST OF EUROPE
TABLE 76 REST OF EUROPE: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
10.4 ASIA PACIFIC
FIGURE 42 ASIA PACIFIC: TRACE MINERALS IN FEED MARKET SNAPSHOT
TABLE 77 ASIA PACIFIC: TRACE MINERALS IN FEED MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 78 ASIA PACIFIC: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
TABLE 79 ASIA PACIFIC: TRACE MINERALS FOR FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (TON)
TABLE 80 ASIA PACIFIC: TRACE MINERALS IN FEED MARKET SIZE, BY TYPE, 2018–2025 (USD THOUSAND)
TABLE 81 ASIA PACIFIC: TRACE MINERALS IN FEED MARKET SIZE, BY TYPE, 2018–2025 (TON)
TABLE 82 ASIA PACIFIC: TRACE MINERALS IN FEED MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 83 ASIA PACIFIC: TRACE MINERALS IN FEED MARKET SIZE, BY CHELATE TYPE, 2018–2025 (USD MILLION)
10.4.1 CHINA
10.4.1.1 Growing demand for poultry products such as white meat and eggs to drive the market for trace minerals to improve productivity of feed
TABLE 84 CHINA: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
10.4.2 INDIA
10.4.2.1 Demand for poultry in the country remains high as consumers are becoming health-conscious and chicken is a convenient source of protein
TABLE 85 INDIA: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
10.4.3 JAPAN
10.4.3.1 China’s consumption of livestock has witnessed a shift from seafood to poultry, which is witnessing a high demand
TABLE 86 JAPAN: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
10.4.4 THAILAND
10.4.4.1 Large-scale production of mineral-based aquafeed for marine animals drives the market growth in Thailand
TABLE 87 THAILAND: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
10.4.5 SOUTH KOREA
10.4.5.1 With the lack of resources for producing feed in the country, feed import has become a major concern in South Korea
TABLE 88 SOUTH KOREA: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
10.4.6 INDONESIA
10.4.6.1 Demand for mineral additives in poultry and aquaculture to drive the growth of the market
TABLE 89 INDONESIA: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD THOUSAND)
10.4.7 REST OF ASIA PACIFIC
10.4.7.1 Rest of Asia Pacific comprises countries such as the Philippines and Australia that increase the market size of the region
TABLE 90 REST OF ASIA PACIFIC: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
10.5 SOUTH AMERICA
TABLE 91 SOUTH AMERICA: TRACE MINERALS IN FEED MARKET, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 92 SOUTH AMERICA: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
TABLE 93 SOUTH AMERICA: TRACE MINERALS IN FEED MARKET SIZE , BY LIVESTOCK, 2018–2025 (TON)
TABLE 94 SOUTH AMERICA: TRACE MINERALS IN FEED MARKET, BY TYPE, 2018–2025 (USD THOUSAND)
TABLE 95 SOUTH AMERICA: TRACE MINERALS IN FEED MARKET SIZE , BY TYPE, 2018–2025 (TON)
TABLE 96 SOUTH AMERICA: TRACE MINERALS IN FEED MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 97 SOUTH AMERICA: TRACE MINERALS IN FEED MARKET SIZE, BY CHELATE TYPE, 2018–2025 (USD MILLION)
10.5.1 BRAZIL
10.5.1.1 Increase in export of beef to drive the growth of the trace minerals in feed market in Brazil
FIGURE 43 BEEF PRODUCTION IN BRAZIL, 2018-2020 (1000 MT)
FIGURE 44 BRAZIL CONSUMER MEAT PREFERENCE, 2018
TABLE 98 BRAZIL: TRACE MINERAL IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
10.5.2 ARGENTINA
10.5.2.1 Increase in focus on developing high-quality chicken meat products to drive the demand for trace minerals in feed products to improve animal health
FIGURE 45 HUMAN CHICKEN MEAT CONSUMPTION, 2018–2020 (1000 MT)
TABLE 99 ARGENTINA: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD THOUSAND)
10.5.3 REST OF SOUTH AMERICA
10.5.3.1 Increase in consumption of processed meat and dairy products to drive the demand for trace minerals
TABLE 100 REST OF SOUTH AMERICA: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD THOUSAND)
10.6 ROW
TABLE 101 ROW: TRACE MINERALS IN FEED MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 102 ROW: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
TABLE 103 ROW: TRACE MINERALS IN FEED MARKET SIZE , BY LIVESTOCK, 2018–2025 (TON)
TABLE 104 ROW: TRACE MINERALS IN FEED MARKET, BY TYPE, 2018–2025 (USD THOUSAND)
TABLE 105 ROW: TRACE MINERALS IN FEED MARKET SIZE , BY TYPE, 2018–2025 (TON)
TABLE 106 ROW: TRACE MINERALS IN FEED MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 107 ROW: TRACE MINERALS IN FEED MARKET SIZE, BY CHELATE TYPE, 2018–2025 (USD MILLION)
10.6.1 MIDDLE EAST
10.6.1.1 Growing demand for chicken meat products to drive the growth of the trace minerals in feed market
FIGURE 46 CHICKEN MEAT PRODUCTION IN SAUDI ARABIA, 2018–2021 (MT)
TABLE 108 MIDDLE EAST: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD MILLION)
10.6.2 AFRICA
10.6.2.1 High consumption of pork and beef in Africa has led to an increase in their production, which, in turn, is projected to drive the growth of the trace minerals in feed market
FIGURE 47 THE PER CAPITA CONSUMPTION OF MEAT IN SOUTH AFRICA, 2018 (KG/ANNUM)
TABLE 109 AFRICA: TRACE MINERALS IN FEED MARKET SIZE, BY LIVESTOCK, 2018–2025 (USD THOUSAND)
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
FIGURE 48 MARKET EVALUATION FRAMEWORK
11.2 RANKINGS OF KEY PLAYERS
FIGURE 49 CARGILL, INCORPORATED DOMINATED THE TRACE MINERALS
IN FEED MARKET IN 2019
11.3 MARKET SHARE ANALYSIS
11.4 COMPETITIVE SCENARIO
FIGURE 50 KEY DEVELOPMENTS IN THE TRACE MINERALS FOR FEED MARKET
(2018—2020)
11.4.1 NEW PRODUCT LAUNCHES
TABLE 110 NEW PRODUCT LAUNCHES, 2018-2020
11.4.2 EXPANSIONS & INVESTMENTS
TABLE 111 EXPANSIONS & INVESTMENTS, 2018-2020
11.4.3 ACQUISITIONS
TABLE 112 ACQUISITIONS, 2018-2020
11.4.4 PARTNERSHIPS, MERGERS, AND COLLABORATIONS
TABLE 113 PARTNERSHIPS, MERGERS, AND COLLABORATIONS, 2018-2019
12 COMPANY PROFILES
12.1 OVERVIEW
12.2 COMPANY EVALUATION MATRIX DEFINITIONS AND METHODOLOGY
12.2.1 STAR
12.2.2 EMERGING LEADERS
12.2.3 PERVASIVE
12.2.4 PARTICIPANT
FIGURE 51 TRACE MINERALS IN FEED COMPANY EVALUATION QUADRANT, 2019
12.3 COMPANY PROFILES
(Business overview, Products offered, Recent Developments, SWOT analysis, Right to win)*
12.3.1 CARGILL, INCORPORATED
FIGURE 52 CARGILL, INCORPORATED: COMPANY SNAPSHOT
12.3.2 ARCHER DANIELS MIDLAND COMPANY
FIGURE 53 ARCHER DANIELS MIDLAND COMPANY: COMPANY SNAPSHOT
12.3.3 BASF SE
FIGURE 54 BASF SE : COMPANY SNAPSHOT
12.3.4 BLUESTAR ADISSEO CO., LTD
FIGURE 55 BLUESTAR ADISSEO CO., LTD. : COMPANY SNAPSHOT
12.3.5 KONINKLIJKE DSM N.V.
FIGURE 56 KONINKLIJKE DSM N.V. : COMPANY SNAPSHOT
12.3.6 NUTRECON.V
12.3.7 ALLTECH
12.3.8 ZINPRO CORPORATION
12.3.9 ORFFA
12.3.10 NOVUS INTERNATIONAL
*Details on Business overview, Products offered, Recent Developments, SWOT analysis, Right to win might not be captured in case of unlisted companies.
12.4 START-UPS/SME’S EVALUATION MATRIX, 2019
12.4.1 PROGRESSIVE COMPANIES
12.4.2 STARTING BLOCKS
12.4.3 RESPONSIVE COMPANIES
12.4.4 DYNAMIC COMPANIES
FIGURE 57 TRACE MINERALS IN FEED MARKET COMPANY EVALUATION QUADRANT (FOR START-UPS/SME’S), 2019
(Business overview, Products offered, Recent Developments, SWOT analysis, Right to win)*
12.4.5 KEMIN INDUSTRIES, INC.
12.4.6 LALLEMAND, INC.
12.4.7 VIRBAC
FIGURE 58 VIRBAC: COMPANY SNAPSHOT
12.4.8 GLOBAL ANIMAL PRODUCTS
12.4.9 DR. PAUL LOHMANN GMBH & CO. KGAA
12.4.10 BIOCHEM ZUSATZSTOFFE
12.4.11 VETERINARY PROFESSIONAL SERVICES LTD
12.4.12 CHEMLOCK NUTRITION CORPORATION
12.4.13 DR. ECKEL ANIMAL NUTRITION GMBH & CO.KG
12.4.14 VETLINE
12.4.15 GREEN MOUNTAIN NUTRITIONAL SERVICES INC.
12.4.16 BIORIGIN
12.4.17 TANKE
12.4.18 JH BIOTECH, INC.
12.4.19 QUALITECH, INC.
*Details on Business overview, Products offered, Recent Developments, SWOT analysis, Right to win might not be captured in case of unlisted companies.
13 APPENDIX
13.1 DISCUSSION GUIDE
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.3 AVAILABLE CUSTOMIZATIONS
13.4 RELATED REPORTS
13.5 AUTHOR DETAILS
