Market Overview:
The global mineral feed market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for animal-based protein products, rising awareness about animal health and nutrition, and growing concerns about food safety. The macro minerals segment is projected to grow at a higher CAGR than the micro minerals segment during the forecast period. This growth can be attributed to the increasing demand for compound feed due to its benefits such as improved digestibility, better performance, and increased productivity in animals. In terms of application, the ruminant segment is projected to lead the global mineral feed market during the forecast period. This growth can be attributed to factors such as rising consumption of meat products across regions and growing concerns about food safety among consumers.
Product Definition:
A mineral feed is a product that is fed to animals in order to provide them with the essential minerals they need for healthy growth and development. The most important minerals found in a mineral feed are calcium, phosphorus, magnesium, and sulfur. These minerals are necessary for the proper functioning of many different body systems. They help keep bones and teeth strong, regulate heart function, support muscle growth, and promote healthy skin and hair.
Macro Minerals:
Macro minerals are the mineral feed materials that are used to manufacture ceramic products such as tiles, sanitary ware and tableware. The global macro minerals market is expected to grow at a significant rate owing to increasing demand for these products from various end-use industries including construction, household and decorative among others. Increasing urbanization coupled with growing population particularly in emerging economies of China & India is likely to drive the growth of this market over the forecast period.
Micro Minerals:
Micro minerals are very small in size compared to macro minerals. Micro mineral is a colloidal particle and it's used as an additive for the preparation of feedstock for synthetic or natural fibers. It helps in improving fiber quality, tensile strength, and reducing dust during production.
Micro mineral processing technology has been evolving over the past few years owing to growing demand from various end-use industries such as textiles, paper & pulp, construction materials among others.
Application Insights:
Ruminant was the largest application segment in 2017 and is expected to witness a CAGR of XX% over the forecast period. Mineral supplements are majorly used for ruminant feed as it provides essential nutrients required by animal forage digestion such as calcium, phosphorus, potassium and magnesium. These are also important elements required by animals to perform optimum well-being including brain function, muscle movement & contraction and heart activity.
Poultry is estimated to be the fastest growing application segment owing to increasing poultry farming activities in emerging economies including China, India & Brazil on account of rising income levels among consumers coupled with easy access to high-quality feeds produced in these countries has resulted in increased demand for mineral supplements globally over recent years.
Regional Analysis:
Asia Pacific dominated the global mineral feed market in 2017 and is expected to continue its dominance over the forecast period. The region has a large livestock population, which requires high levels of minerals for proper nutrition. China is one of the largest producers and consumers of animal feed in this region. Rapidly growing poultry industry coupled with increasing consumption of meat products is also expected to drive demand for mineral supplements in Asia Pacific over the forecast period.
Europe accounted for a significant share owing to rapid urbanization, industrialization, and modernization that have been taking place since past few decades resulting into increased consumer spending on food products such as meat & seafood as well as dairy products such as cheese & yogurt that require high doses of minerals including macro-minerals and micro-minerals respectively.
Growth Factors:
- Increasing demand for animal protein in developing countries
- Rising awareness about the benefits of mineral feed additives among farmers
- Growing popularity of organic farming practices
- Proliferation of feed mills and other processing facilities worldwide
- Technological advancements in the field of mineral feed additives
Scope Of The Report
Report Attributes
Report Details
Report Title
Mineral Feed Market Research Report
By Type
Macro Minerals, Micro Minerals
By Application
Ruminant, Poultry, Swine, Aquaculture, Other
By Companies
Cargill, Archer Daniels Midland, Royal DSM, Bluestar Adisseo, Alltech, Purina, BASF, Mole Valley Farmers, Kent Feeds, Kay Dee Feed, Nutrena, Lonza Group, Ragland Mills, Zinpro Corporation, Novus International, Nutreco, Balchem Corp, Kemin Industries, Pancosma S.A., Hoffman's Horse Products, Mercer Milling Company, VH group
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
150
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Mineral Feed Market Report Segments:
The global Mineral Feed market is segmented on the basis of:
Types
Macro Minerals, Micro Minerals
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
Ruminant, Poultry, Swine, Aquaculture, 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:
- Cargill
- Archer Daniels Midland
- Royal DSM
- Bluestar Adisseo
- Alltech
- Purina
- BASF
- Mole Valley Farmers
- Kent Feeds
- Kay Dee Feed
- Nutrena
- Lonza Group
- Ragland Mills
- Zinpro Corporation
- Novus International
- Nutreco
- Balchem Corp
- Kemin Industries
- Pancosma S.A.
- Hoffman's Horse Products
- Mercer Milling Company
- VH group
Highlights of The Mineral Feed 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:
- Macro Minerals
- Micro Minerals
- By Application:
- Ruminant
- Poultry
- Swine
- Aquaculture
- 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 Mineral Feed 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
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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?
Mineral feed is a type of food that is used to provide nutrition for animals. It contains minerals, vitamins, and other nutrients that are necessary for the animal's health. Mineral feed can be made from a variety of sources, including ground up rocks or minerals, plant matter such as hay or straw, or even human waste.
Some of the major players in the mineral feed market are Cargill, Archer Daniels Midland, Royal DSM, Bluestar Adisseo, Alltech, Purina, BASF, Mole Valley Farmers, Kent Feeds, Kay Dee Feed, Nutrena, Lonza Group, Ragland Mills, Zinpro Corporation, Novus International, Nutreco, Balchem Corp, Kemin Industries, Pancosma S.A., Hoffman's Horse Products, Mercer Milling Company, VH group.
The mineral feed market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mineral Feed 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 Mineral Feed Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mineral Feed 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 Mineral Feed 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 Mineral Feed Market Size & Forecast, 2018-2028
4.5.1 Mineral Feed Market Size and Y-o-Y Growth
4.5.2 Mineral Feed Market Absolute $ Opportunity
Chapter 5 Global Mineral Feed 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 Mineral Feed Market Size Forecast by Type
5.2.1 Macro Minerals
5.2.2 Micro Minerals
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Mineral Feed 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 Mineral Feed Market Size Forecast by Applications
6.2.1 Ruminant
6.2.2 Poultry
6.2.3 Swine
6.2.4 Aquaculture
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mineral Feed 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 Mineral Feed 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 Mineral Feed Analysis and Forecast
9.1 Introduction
9.2 North America Mineral Feed 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 Mineral Feed Market Size Forecast by Type
9.6.1 Macro Minerals
9.6.2 Micro Minerals
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 Mineral Feed Market Size Forecast by Applications
9.10.1 Ruminant
9.10.2 Poultry
9.10.3 Swine
9.10.4 Aquaculture
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 Mineral Feed Analysis and Forecast
10.1 Introduction
10.2 Europe Mineral Feed 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 Mineral Feed Market Size Forecast by Type
10.6.1 Macro Minerals
10.6.2 Micro Minerals
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 Mineral Feed Market Size Forecast by Applications
10.10.1 Ruminant
10.10.2 Poultry
10.10.3 Swine
10.10.4 Aquaculture
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 Mineral Feed Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Mineral Feed 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 Mineral Feed Market Size Forecast by Type
11.6.1 Macro Minerals
11.6.2 Micro Minerals
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 Mineral Feed Market Size Forecast by Applications
11.10.1 Ruminant
11.10.2 Poultry
11.10.3 Swine
11.10.4 Aquaculture
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 Mineral Feed Analysis and Forecast
12.1 Introduction
12.2 Latin America Mineral Feed 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 Mineral Feed Market Size Forecast by Type
12.6.1 Macro Minerals
12.6.2 Micro Minerals
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 Mineral Feed Market Size Forecast by Applications
12.10.1 Ruminant
12.10.2 Poultry
12.10.3 Swine
12.10.4 Aquaculture
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) Mineral Feed Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Mineral Feed 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) Mineral Feed Market Size Forecast by Type
13.6.1 Macro Minerals
13.6.2 Micro Minerals
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) Mineral Feed Market Size Forecast by Applications
13.10.1 Ruminant
13.10.2 Poultry
13.10.3 Swine
13.10.4 Aquaculture
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 Mineral Feed Market: Competitive Dashboard
14.2 Global Mineral Feed Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cargill
14.3.2 Archer Daniels Midland
14.3.3 Royal DSM
14.3.4 Bluestar Adisseo
14.3.5 Alltech
14.3.6 Purina
14.3.7 BASF
14.3.8 Mole Valley Farmers
14.3.9 Kent Feeds
14.3.10 Kay Dee Feed
14.3.11 Nutrena
14.3.12 Lonza Group
14.3.13 Ragland Mills
14.3.14 Zinpro Corporation
14.3.15 Novus International
14.3.16 Nutreco
14.3.17 Balchem Corp
14.3.18 Kemin Industries
14.3.19 Pancosma S.A.
14.3.20 Hoffman's Horse Products
14.3.21 Mercer Milling Company
14.3.22 VH group
