Market Overview:
The global trace minerals chelated feed market is estimated to be valued at US$ XX Mn in 2018 and is projected to register a CAGR of X.X% over the forecast period (2018-2030), to reach a value of US$XX Mn by 2030. The market growth can be attributed to the increasing demand for animal protein, globally. Additionally, rising awareness about the benefits of trace minerals chelated feed among livestock farmers is also expected to boost the demand for this product over the forecast period. On the basis of type, dry feed segment accounted for majority share in terms of revenue in 2017 and is anticipated to maintain its dominance throughout the forecast period. This can be attributed to high adoption rate as compared with liquid feed type owing low cost and easy availability across regions. Based on application, ruminants segment dominated global trace minerals chelated feeds market in 2017.
Product Definition:
Trace minerals are essential for the proper function of the body, but only a small amount is needed. A trace mineral is a mineral that is present in the body in very small amounts. Trace minerals are usually obtained from food, but they can also be taken as supplements.
Dry Feed:
Dry feed is a product that contains no water and thus, reduces the overall cost of production. It also helps in reducing the environmental impact as it eliminates the need for irrigation or any other facilities to crops. Dry feed products are manufactured using various raw materials such as soybean meal, cottonseed cake, corn gluten meal and fish meals among others.
Liquid Feed:
Liquid feed is a specialized form of mineral supplement that enhances the absorption and assimilation of trace minerals by the animals. It helps to maintain optimum levels of these essential nutrients in livestock.
The product is manufactured using natural ingredients such as salt, sugar, yeast, soybean meal and corn steep liquor. The liquid feed also contains vitamins which help in maintaining ideal levels of these essential nutrients in livestock especially swine.
Application Insights:
Ruminants were the largest application segment in 2017 and is expected to witness significant growth over the forecast period. Ruminant animals, such as cattle, are known to be susceptible to trace minerals deficiency due to their requirement of these elements for bone development and maintenance. The ruminants sector is one of the fastest-growing segments in terms of revenue on a global scale owing to increasing demand for meat from countries, such as Brazil and India.
The poultry industry has also been growing significantly over recent years owing to rising disposable income levels among consumers as well as increased spending on food & beverages products across developing nations including China and India. Poultry farming requires small amounts of feed compared with other livestock industries; however, it still accounts for a substantial share within agriculture sectors worldwide due largelyto its abilityto produce high yields quickly under intensive conditions while requiring minimal resources & investment overall.
Regional Analysis:
North America dominated the global trace minerals chelated feed market in terms of revenue with a share of over 40.0% in 2017. This is due to high animal population along with increasing meat consumption across the region, which has led to increased mineral requirements for livestock production. In addition, rising concerns regarding animal health and hygiene are expected to drive product demand over the forecast period.
Asia Pacific is expected to witness significant growth during the forecast period owing to rapid economic development coupled with increasing per capita income among consumers, leading towards higher spending on food and beverages as well as other consumer goods such as personal care products and pet care products among others (Horton et al., 2016). This trend is likely benefit market growth since it will increase demand for various types of additives used in manufacturing processed foods including ready-to-eat meals (meat products), bakery items (cereal grains) and confectionery items that require specialized ingredients such as chelated minerals (Zhao & Li, 2015).
Growth Factors:
- Increasing awareness about the benefits of trace minerals chelated feed among farmers and livestock owners.
- Rising demand for organic food products, which is expected to drive the growth of the trace minerals chelated feed market in the near future.
- Growing popularity of precision farming techniques, which is likely to boost the demand for trace minerals chelated feed in agricultural applications over the next few years.
- Proliferation of micro-livestock farms across developed and developing countries, resulting in an increase in demand for trace minerals chelated feeds from these segments over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Trace Minerals Chelated Feed Market Research Report
By Type
Dry Feed, Liquid Feed
By Application
Ruminants, Swine, Poultry, Aquaculture, Others
By Companies
Cargill (US), ADM (US), BASF (Germany), DSM (Netherlands), Nutreco (Netherlands), DLG Group (Denmark), InVivo (France), Bluestar Adisseo (China), Alltech (US), Phibro (US), Cargill (US), Zinpro (US), Novus (US)
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
199
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Trace Minerals Chelated Feed Market Report Segments:
The global Trace Minerals Chelated Feed market is segmented on the basis of:
Types
Dry Feed, Liquid Feed
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
Ruminants, Swine, Poultry, Aquaculture, Others
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 (US)
- ADM (US)
- BASF (Germany)
- DSM (Netherlands)
- Nutreco (Netherlands)
- DLG Group (Denmark)
- InVivo (France)
- Bluestar Adisseo (China)
- Alltech (US)
- Phibro (US)
- Cargill (US)
- Zinpro (US)
- Novus (US)
Highlights of The Trace Minerals Chelated 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:
- Dry Feed
- Liquid Feed
- By Application:
- Ruminants
- Swine
- Poultry
- Aquaculture
- Others
- 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 Trace Minerals Chelated 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?
Trace minerals are those that are not essential for plant growth but play an important role in the plant's overall health. Chelated feed is a type of feed that contains trace minerals in a form that is more easily absorbed by the plants. This makes it easier for the plants to get their required amount of trace minerals, which can help them grow stronger and healthier.
Some of the major players in the trace minerals chelated feed market are Cargill (US), ADM (US), BASF (Germany), DSM (Netherlands), Nutreco (Netherlands), DLG Group (Denmark), InVivo (France), Bluestar Adisseo (China), Alltech (US), Phibro (US), Cargill (US), Zinpro (US), Novus (US).
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Trace Minerals Chelated 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 Trace Minerals Chelated Feed Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Trace Minerals Chelated 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 Trace Minerals Chelated 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 Trace Minerals Chelated Feed Market Size & Forecast, 2020-2028
4.5.1 Trace Minerals Chelated Feed Market Size and Y-o-Y Growth
4.5.2 Trace Minerals Chelated Feed Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Dry Feed
5.2.2 Liquid Feed
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Ruminants
6.2.2 Swine
6.2.3 Poultry
6.2.4 Aquaculture
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Trace Minerals Chelated 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 Trace Minerals Chelated 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Dry Feed
9.6.2 Liquid Feed
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 Market Size Forecast by Applications
9.10.1 Ruminants
9.10.2 Swine
9.10.3 Poultry
9.10.4 Aquaculture
9.10.5 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Dry Feed
10.6.2 Liquid Feed
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 Market Size Forecast by Applications
10.10.1 Ruminants
10.10.2 Swine
10.10.3 Poultry
10.10.4 Aquaculture
10.10.5 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Dry Feed
11.6.2 Liquid Feed
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 Market Size Forecast by Applications
11.10.1 Ruminants
11.10.2 Swine
11.10.3 Poultry
11.10.4 Aquaculture
11.10.5 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Dry Feed
12.6.2 Liquid Feed
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 Market Size Forecast by Applications
12.10.1 Ruminants
12.10.2 Swine
12.10.3 Poultry
12.10.4 Aquaculture
12.10.5 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Dry Feed
13.6.2 Liquid Feed
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) Market Size Forecast by Applications
13.10.1 Ruminants
13.10.2 Swine
13.10.3 Poultry
13.10.4 Aquaculture
13.10.5 Others
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 Trace Minerals Chelated Feed Market: Competitive Dashboard
14.2 Global Trace Minerals Chelated Feed Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cargill (US)
14.3.2 ADM (US)
14.3.3 BASF (Germany)
14.3.4 DSM (Netherlands)
14.3.5 Nutreco (Netherlands)
14.3.6 DLG Group (Denmark)
14.3.7 InVivo (France)
14.3.8 Bluestar Adisseo (China)
14.3.9 Alltech (US)
14.3.10 Phibro (US)
14.3.11 Cargill (US)
14.3.12 Zinpro (US)
14.3.13 Novus (US)
