Market Overview:
The global animal salt lick market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for meat and dairy products, rising awareness about animal health and nutrition, and growing concerns about zoonotic diseases. The global animal salt lick market can be segmented on the basis of type into common salt blocks and Himalayan salt blocks. The common salt block segment is expected to account for the majority of the share in this market during the forecast period owing to its low cost as compared to Himalayan salt blocks. On the basis of application, this market can be divided into horse, cattle, sheep, pet, and other applications. The cattle segment is anticipated to hold a major share in this market during 2018-2030 owing to their high requirement for minerals such as sodium chloride (NaCl) for proper functioning.
Product Definition:
An animal salt lick is a block of salt, minerals, or other nutrients that animals can lick to supplement their diets. They are often used by farmers to provide supplemental nutrition to grazing livestock, but can also be found in nature.
Common Salt Block:
The common salt block is a device used to deliver medication in cattle. It's basically an injection mold that can hold any size dose of medication and it's made up of non-toxic material. The most commonly used medications are antibiotics, pain relievers, anti-parasitic, and vitamins among others.
It was first developed by Drs. Foster & Smith in 1847 as an oral solution for treating cows witheries disease (a type of pneumonia).
Himalayan Salt Block:
Himalayan salt block is a natural product made up of pure, unadulterated Himalayan Rock Salt. It has been used for thousands of years by the people living in the Himalayas to treat all types of ailments. The salt is believed to have healing properties and can be used as an external remedy for skin problems, especially for dogs and cats suffering from flea & tick-borne diseases, cold symptoms or just plain allergies.
Application Insights:
The animal salt lick market is segmented on the basis of application into horse, cattle, sheep and pet. The horse segment held a major share in 2017 due to the rising demand for horses in various industries such as racing, show jumping and polo. Moreover, increasing awareness about health benefits associated with using these products is expected to fuel industry growth over the forecast period.
Cattle are also one of the significant segments owing to high milk production across countries including New Zealand and Australia. These regions have a long tradition of utilizing common salt licks for cattle feed as it has been proven effective for improving dairy productivity by enhancing weight gains among calves & cows. However, changing consumer preferences towards low-salt diets may impact product demand among livestock farmers over the forecast period since they provide natural sources of minerals required by animals without adding extra calories or cost to their diet plan budgets.
Regional Analysis:
North America dominated the global animal salt licks market in 2017. The growth is attributed to the presence of a large number of cattle, which require high-quality and nutritious feed, and increasing awareness among pet owners regarding the benefits of natural products for their animals. Asia Pacific is expected to witness significant growth over the forecast period owing to rising disposable income levels among consumers coupled with an increase in consumer preference toward premium quality food products. Moreover, increased meat consumption in countries like China and India will drive demand further.
Growth Factors:
- Increasing demand for meat and dairy products from the developing countries is expected to drive the growth of animal salt licks market.
- Rising awareness about the benefits of animal salt licks among livestock farmers is projected to boost the demand for these products in near future.
- Growing popularity of organic farming is anticipated to create new opportunities for the growth of animal salt lick market in coming years.
- Rapid urbanization and changing lifestyle trends are likely to increase the demand for processed meat, which in turn will propel the growth of global animal salt lick market over next few years. 5) Technological advancements in production process are expected to offer lucrative opportunities for key players operating in this market during forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Animal Salt Licks Market Research Report
By Type
Common Salt Block, Himalayan Salt Block
By Application
Horse, Cattle, Sheep, Pet, Other
By Companies
Evolution Salt Co, Koyuncu Salt Factory, Compass Minerals, Naturo Healthplus, Millbry Hill (Armstrong Richardson), Minrosa, Nutribio Ltd, Selrox
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
148
Number of Tables & Figures
104
Customization Available
Yes, the report can be customized as per your need.
Global Animal Salt Licks Market Report Segments:
The global Animal Salt Licks market is segmented on the basis of:
Types
Common Salt Block, Himalayan Salt Block
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Horse, Cattle, Sheep, Pet, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Evolution Salt Co
- Koyuncu Salt Factory
- Compass Minerals
- Naturo Healthplus
- Millbry Hill (Armstrong Richardson)
- Minrosa
- Nutribio Ltd
- Selrox
Highlights of The Animal Salt Licks Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Common Salt Block
- Himalayan Salt Block
- By Application:
- Horse
- Cattle
- Sheep
- Pet
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Animal Salt Licks Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Animal salt licks are natural mineral deposits that can be found on the tongues of some animals, such as horses and cows. These licks provide these animals with essential minerals and salts that they need to survive in their environment.
Some of the major companies in the animal salt licks market are Evolution Salt Co, Koyuncu Salt Factory, Compass Minerals, Naturo Healthplus, Millbry Hill (Armstrong Richardson), Minrosa, Nutribio Ltd, Selrox.
The animal salt licks market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Animal Salt Licks Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Animal Salt Licks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Animal Salt Licks Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Animal Salt Licks Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Animal Salt Licks Market Size & Forecast, 2018-2028
4.5.1 Animal Salt Licks Market Size and Y-o-Y Growth
4.5.2 Animal Salt Licks Market Absolute $ Opportunity
Chapter 5 Global Animal Salt Licks Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Animal Salt Licks Market Size Forecast by Type
5.2.1 Common Salt Block
5.2.2 Himalayan Salt Block
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Animal Salt Licks Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Animal Salt Licks Market Size Forecast by Applications
6.2.1 Horse
6.2.2 Cattle
6.2.3 Sheep
6.2.4 Pet
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Animal Salt Licks Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Animal Salt Licks Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Animal Salt Licks Analysis and Forecast
9.1 Introduction
9.2 North America Animal Salt Licks Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Animal Salt Licks Market Size Forecast by Type
9.6.1 Common Salt Block
9.6.2 Himalayan Salt Block
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Animal Salt Licks Market Size Forecast by Applications
9.10.1 Horse
9.10.2 Cattle
9.10.3 Sheep
9.10.4 Pet
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Animal Salt Licks Analysis and Forecast
10.1 Introduction
10.2 Europe Animal Salt Licks Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Animal Salt Licks Market Size Forecast by Type
10.6.1 Common Salt Block
10.6.2 Himalayan Salt Block
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Animal Salt Licks Market Size Forecast by Applications
10.10.1 Horse
10.10.2 Cattle
10.10.3 Sheep
10.10.4 Pet
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Animal Salt Licks Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Animal Salt Licks Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Animal Salt Licks Market Size Forecast by Type
11.6.1 Common Salt Block
11.6.2 Himalayan Salt Block
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Animal Salt Licks Market Size Forecast by Applications
11.10.1 Horse
11.10.2 Cattle
11.10.3 Sheep
11.10.4 Pet
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Animal Salt Licks Analysis and Forecast
12.1 Introduction
12.2 Latin America Animal Salt Licks Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Animal Salt Licks Market Size Forecast by Type
12.6.1 Common Salt Block
12.6.2 Himalayan Salt Block
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Animal Salt Licks Market Size Forecast by Applications
12.10.1 Horse
12.10.2 Cattle
12.10.3 Sheep
12.10.4 Pet
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Animal Salt Licks Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Animal Salt Licks Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Animal Salt Licks Market Size Forecast by Type
13.6.1 Common Salt Block
13.6.2 Himalayan Salt Block
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Animal Salt Licks Market Size Forecast by Applications
13.10.1 Horse
13.10.2 Cattle
13.10.3 Sheep
13.10.4 Pet
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Animal Salt Licks Market: Competitive Dashboard
14.2 Global Animal Salt Licks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Evolution Salt Co
14.3.2 Koyuncu Salt Factory
14.3.3 Compass Minerals
14.3.4 Naturo Healthplus
14.3.5 Millbry Hill (Armstrong Richardson)
14.3.6 Minrosa
14.3.7 Nutribio Ltd
14.3.8 Selrox
