Global Feed Trace Minerals
Market Report
2025
The global Animal Feed Trace Mineral Supplement market size will be USD 615.5 million in 2024. The expanding market for speciality feed ingredients is expected to boost sales to USD 956.5 million by 2031, with a Compound Annual Growth Rate (CAGR) of 6.50% from 2024 to 2031.
The base year for the calculation is 2024 and 2021 to 2024 will be historical period. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Animal Feed Trace Mineral Supplement market size will be USD 615.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.50% from 2024 to 2031.
2019 | 2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Feed Trace Minerals Market Sales Revenue | 121212 | $ 615.5 Million | 121212 | 121212 | 121212 | 6.5% |
North America Feed Trace Minerals Market Sales Revenue | 121212 | $ 246.2 Million | 121212 | 121212 | 121212 | 4.7% |
United States Feed Trace Minerals Market Sales Revenue | 121212 | $ 194.25 Million | 121212 | 121212 | 121212 | 4.5% |
Mexico Feed Trace Minerals Market Sales Revenue | 121212 | $ 22.4 Million | 121212 | 121212 | 121212 | 5.2% |
Canada Feed Trace Minerals Market Sales Revenue | 121212 | $ 29.54 Million | 121212 | 121212 | 121212 | 5.5% |
Europe Feed Trace Minerals Market Sales Revenue | 121212 | $ 184.65 Million | 121212 | 121212 | 121212 | 5% |
Spain Feed Trace Minerals Market Sales Revenue | 121212 | $ 15.14 Million | 121212 | 121212 | 121212 | 4.1% |
United Kingdom Feed Trace Minerals Market Sales Revenue | 121212 | $ 31.02 Million | 121212 | 121212 | 121212 | 5.8% |
Russia Feed Trace Minerals Market Sales Revenue | 121212 | $ 28.62 Million | 121212 | 121212 | 121212 | 4% |
Italy Feed Trace Minerals Market Sales Revenue | 121212 | $ 15.88 Million | 121212 | 121212 | 121212 | 4.4% |
Germany Feed Trace Minerals Market Sales Revenue | 121212 | $ 36.56 Million | 121212 | 121212 | 121212 | 5.2% |
France Feed Trace Minerals Market Sales Revenue | 121212 | $ 16.99 Million | 121212 | 121212 | 121212 | 4.2% |
Rest of Europe Feed Trace Minerals Market Sales Revenue | 121212 | $ 8.62 Million | 121212 | 121212 | 121212 | 3.7% |
Asia Pacific Feed Trace Minerals Market Sales Revenue | 121212 | $ 141.57 Million | 121212 | 121212 | 121212 | 8.5% |
China Feed Trace Minerals Market Sales Revenue | 121212 | $ 63.7 Million | 121212 | 121212 | 121212 | 8% |
Australia Feed Trace Minerals Market Sales Revenue | 121212 | $ 7.36 Million | 121212 | 121212 | 121212 | 8.2% |
India Feed Trace Minerals Market Sales Revenue | 121212 | $ 16.99 Million | 121212 | 121212 | 121212 | 10.3% |
Korea Feed Trace Minerals Market Sales Revenue | 121212 | $ 14.16 Million | 121212 | 121212 | 121212 | 7.6% |
Japan Feed Trace Minerals Market Sales Revenue | 121212 | $ 19.54 Million | 121212 | 121212 | 121212 | 7% |
Rest of APAC Feed Trace Minerals Market Sales Revenue | 121212 | $ 10.05 Million | 121212 | 121212 | 121212 | 8.3% |
South America Feed Trace Minerals Market Sales Revenue | 121212 | $ 30.78 Million | 121212 | 121212 | 121212 | 5.9% |
Argentina Feed Trace Minerals Market Sales Revenue | 121212 | $ 5.17 Million | 121212 | 121212 | 121212 | 6.8% |
Brazil Feed Trace Minerals Market Sales Revenue | 121212 | $ 13.17 Million | 121212 | 121212 | 121212 | 6.5% |
Chile Feed Trace Minerals Market Sales Revenue | 121212 | $ 2.22 Million | 121212 | 121212 | 121212 | 6.2% |
Peru Feed Trace Minerals Market Sales Revenue | 121212 | $ 2.52 Million | 121212 | 121212 | 121212 | 6.1% |
Colombia Feed Trace Minerals Market Sales Revenue | 121212 | $ 2.74 Million | 121212 | 121212 | 121212 | 5.7% |
Rest of South America Feed Trace Minerals Market Sales Revenue | 121212 | $ 4.95 Million | 121212 | 121212 | 121212 | 5% |
Middle East and Africa Feed Trace Minerals Market Sales Revenue | 121212 | $ 12.31 Million | 121212 | 121212 | 121212 | 6.2% |
Nigeria Feed Trace Minerals Market Sales Revenue | 121212 | $ 1.29 Million | 121212 | 121212 | 121212 | 5.3% |
GCC Countries Feed Trace Minerals Market Sales Revenue | 121212 | $ 5.27 Million | 121212 | 121212 | 121212 | 7% |
Turkey Feed Trace Minerals Market Sales Revenue | 121212 | $ 1.06 Million | 121212 | 121212 | 121212 | 5.7% |
South Africa Feed Trace Minerals Market Sales Revenue | 121212 | $ 1.94 Million | 121212 | 121212 | 121212 | 7.2% |
Egypt Feed Trace Minerals Market Sales Revenue | 121212 | $ 1.29 Million | 121212 | 121212 | 121212 | 6.5% |
Rest of MEA Feed Trace Minerals Market Sales Revenue | 121212 | $ 1.45 Million | 121212 | 121212 | 121212 | 5.2% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
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Feed Trace Minerals Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The market for trace mineral supplements for animal feed is referred to as the Animal Feed Trace Mineral Supplement Market. This business sector is responsible for the manufacturing and distribution of trace mineral supplements. The health, growth, and productivity of cattle may be supported by these supplements, which are necessary nutrients that are needed in amounts that are quite modest. The market is being pushed by a number of factors, including the developing awareness of animal health and nutrition among farmers and consumers, the growing demand for meat and dairy products throughout the world, and the technical breakthroughs that have been made in animal nutrition. Together, these elements contribute to the ever-increasing need for animal feed and trace mineral supplements of the highest possible specifications.
In March 2019, The European Union (EU) was the target market for Zinpro Corporation's introduction of Availa Se, a high-quality serenium performance trace mineral. Zinpro is able to deliver an additional one-of-a-kind product that offers extraordinary performance in the European Union market thanks to Availa-Se (zinc-L selenomethionine). (Source: https://www.business-standard.com/world-news/eu-set-to-choose-company-for-critical-minerals-joint-buying-platform-124102101080_1.html)
Compound feed demand has been increasing in the Asia Pacific, North American, and European countries due to the expanding preference for protein-rich diets and the increased demand for meat and livestock products among consumers worldwide. Animal protein demand is anticipated to increase by 1.7% annually, while the demand for food products is anticipated to increase by 60% by 2050, according to the Food and Agriculture Organization (FAO). The production of livestock, aquaculture, and dairy products is also anticipated to increase. China, the United States, Brazil, Mexico, Spain, India, and Russia are the primary countries internationally that produce fodder. The demand for chicken and red flesh in these countries has been increasing, which has also contributed to the market's growth. An increase in the number of feed mills may also be one of the primary factors that have contributed to the overall increase in the production of compound feed.
Bioavailability is the percentage of nutrients animals absorb and use from their diet. Utilization includes transportation, cellular assimilation, and biological activation. Due to trace element limits in feed to reduce environmental risks, livestock farmers have been unable to improve feed conversion efficiency without increasing mineral supplement dosages, as animals' digestive systems cannot easily absorb these elements. Unorganized livestock farmers and cooperative groups in emerging nations will want a lot. Therefore, manufacturers are investigating methods to give inorganic trace elements in organic forms to promote bioavailability and animal production. Copper, zinc, selenium, and chromium are the most frequent organic trace elements. Farmers' understanding of organic mineral chelates' advantages is crucial to changing mineral supplement demand.
Regulatory bodies, including the European Commission and the United States Department of Agriculture (USDA), have established the regulatory requirements for a variety of supplementary feed additives. Zinc, copper, and manganese: the limits for these minerals have been reduced over time. Nevertheless, the application of minerals, including chromium and selenium, has been consistent at certain upper limits. The existing maximum permissible zinc content in livestock fodder has been modified on numerous occasions. For instance, the maximum permissible limits for zinc feed additives in complete feed were 200 mg/kg for fish and 150 mg/kg for other livestock species in the past. According to the revised regulations, the maximum permissible limit (MPL) for salmonids has been adjusted to 180 mg/kg. In comparison, it has been reduced to 120 mg/kg for other species and categories.
The pandemic caused by COVID-19 has a substantial influence on the market for trace minerals in animal feed by causing disruptions in supply chains and lowering the demand for meat throughout the world. The manufacture and distribution of feed supplements were both delayed as a result of the difficulties and limits that were encountered in the logistics process. Furthermore, the demand for animal products was further lowered as a result of the closure of food service outlets and the reduction in consumer expenditure, which had an impact on the development of the industry.
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In the Animal Feed Trace Mineral Supplement market's competitive landscape, numerous key competitors are driving innovation and growth. Market rivalry is encouraging technological and design innovations to create Animal Feed Trace Mineral Supplements that fulfill both consumer wants and sustainability goals, keeping the market dynamic and competitive.
In April 2019, Zinpro Corporation had introduced ProPath LQ in the United States market for use in liquid applications across all species. In applications where solubility is essential, ProPath-LQ provides trace mineral assimilation and absorption, biological efficacy, diet flexibility, and consistency. (Source: https://www.zinpro.com/product/zinpro-propath-4/) In July 2020, Kemin Industries has disclosed architectural renderings for a new quality control laboratory (QC lab) that will be constructed on-site at its global headquarters in Des Moines, Iowa (US). The prospective production activity and specificity of Kemin's completed products are guaranteed by its advanced analytical capabilities. (Source: https://www.aquafeed.com/products/suppliers-news/kemin-to-build-a-new-quality-control-laboratory/) In September 2020, Framelco Group (Netherlands), a feed additive company, was acquired by Bluestar Adisseo Company. The company's objective is to become a leader in the specialty feed ingredients market for animal nutrition by contributing to the development of the specialty product segment through this strategy. (Source: https://www.adisseo.com/en/adisseo-announces-closing-of-framelco-group-acquisition/)
Top Companies Market Share in Feed Trace Minerals Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America currently dominates the Animal Feed Trace Mineral Supplements market, and the region is expected to have significant growth during the projected period. This expansion is ascribed to the increasing demand for products from consumers in the region. In addition, the expanding food industry is anticipated to serve as one of the primary factors driving this market in the nation.
Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). This rise is driven by expanding consumer demand for high-quality animal protein, especially in highly populated nations like China and India, where urbanization and rising disposable incomes are driving meat consumption.
The current report Scope analyzes Feed Trace Minerals Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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As per the current market study, out of xxxx Million USD global market revenue 2025, North America market holds xx% of the market share. The North America Feed Trace Minerals industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR. If we look at the percentage market shares of top North America countries for 2025,United States (xx%), Mexico (xx%), Canada (xx%)
According to Cognitive Market Research, the global Animal Feed Trace Mineral Supplement market size was estimated at USD 615.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 246.20 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.
As per the current market study, out of xxxx Million USD global market revenue 2025, Europe market holds xx% of the market share. The Europe Feed Trace Minerals industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR. If we look at the percentage market shares of top Europe countries for 2025,Spain (xx%), United Kingdom (xx%), Russia (xx%), Italy (xx%), Germany (xx%), France (xx%), Rest of Europe (xx%)
According to Cognitive Market Research, the global Animal Feed Trace Mineral Supplement market size was estimated at USD 615.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 184.65 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.0% from 2024 to 2031.
As per the current market study, out of xxxx Million USD global market revenue 2025, Asia Pacific market holds xx% of the market share. The Asia Pacific Feed Trace Minerals industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR. If we look at the percentage market shares of top Asia Pacific countries for 2025,China (xx%), Australia (xx%), India (xx%), Korea (xx%), Japan (xx%), Rest of APAC (xx%)
According to Cognitive Market Research, the global Animal Feed Trace Mineral Supplement market size was estimated at USD 615.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 141.57 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.5% from 2024 to 2031.
As per the current market study, out of xxxx Million USD global market revenue 2025, South America market holds xx% of the market share. The South America Feed Trace Minerals industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR. If we look at the percentage market shares of top South America countries for 2025,Argentina (xx%), Brazil (xx%), Chile (xx%), Peru (xx%), Colombia (xx%), Rest of South America (xx%)
According to Cognitive Market Research, the global Animal Feed Trace Mineral Supplement market size was estimated at USD 615.5 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 30.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2031.
As per the current market study, out of xxxx Million USD global market revenue 2025, Middle East and Africa market holds xx% of the market share. The Middle East and Africa Feed Trace Minerals industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR. If we look at the percentage market shares of top Middle East and Africa countries for 2025,Nigeria (xx%), GCC Countries (xx%), Turkey (xx%), South Africa (xx%), Egypt (xx%), Rest of MEA (xx%)
According to Cognitive Market Research, the global Animal Feed Trace Mineral Supplement market size was estimated at USD 615.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 12.31 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031..
Global Feed Trace Minerals Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Feed Trace Minerals Industry growth. Feed Trace Minerals market has been segmented with the help of its Type Outlook:, Source Outlook: Livestock Outlook:, and others. Feed Trace Minerals market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
How are Segments Performing in the Global Animal Feed Trace Mineral Supplement Market?
According to Cognitive Market Research, Iron is likely to dominate the Animal Feed Trace Mineral Supplement Market over the forecast period owing to its critical role in the prevention of anaemia, the support of metabolic functions, and the improvement of the holistic health of animals.
Zinc is the fastest-growing segment in the Animal Feed Trace Mineral Supplement Market. Due to its significance in the promotion of growth, immune system function, and protein synthesis in animals.
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According to Cognitive Market Research, the Organic trace minerals segment holds the largest share of the market because of the increased bioavailability of these substances and the decreased influence they have on the environment.
In the Animal Feed Trace Mineral Supplement Market, the inorganic trace minerals have been expanding at a rapid pace, motivated by the fact that they are economical and have a well-established use in animal feeding.
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According to Cognitive Market Research, The Ruminants segment holds the largest market share because they comprise a substantial portion of the livestock industry, particularly in regions with high meat and dairy consumption. Effective trace mineral supplementation is necessary to guarantee the optimal health, growth, and productivity of ruminant animals, as the demand for high-quality animal products is driven.
In the Animal Feed Trace Mineral Supplement market, the rapidly growing sector is the Poultry category as a result of the growing global demand for poultry products, including meat and eggs. Trace mineral supplements in poultry feed are in high demand due to the increasing consumer awareness of the nutritional benefits of poultry and the necessity of high-quality animal feed to maintain optimal health and productivity.
Research Associate at Cognitive Market Research
Pratik Shirsath is an accomplished Research Analyst with extensive expertise in the agriculture sector, bringing over one years of experience in market research and analysis. Pratik specializes in secondary research, competitive benchmarking, and data-driven insights that empower organizations to make strategic decisions and achieve their goals.
In his current role, Pratik leads research projects focused on the agriculture sector, driving initiatives that identify emerging market trends, assess competitive landscapes, and uncover growth opportunities. His proficiency in designing effective research methodologies and translating complex data into actionable strategies has consistently supported his organization’s objectives.
Pratik's dedication to delivering high-quality research and his in-depth knowledge of the agriculture industry have made him a trusted resource for his team and stakeholders. Passionate about innovation and sustainability in agriculture, he remains committed to advancing his expertise to navigate the evolving challenges and opportunities in the sector.
Conclusion
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Type Outlook: | Zinc, Iron, Selenium, Copper, Others |
Source Outlook: | Organic, Inorganic |
Livestock Outlook: | Ruminant, Swine, Poultry, Others |
List of Competitors | Alltech Inc., Archer Daniels Midland Co., Biochem, Tanke International Group, Cargill Inc., Kemin Industries Inc., Mercer Milling Co. Inc., Novus International Inc., Nutrco NV, Pancosma SA, Royal DSM NV, Zinpro Corp. |
This chapter will help you gain GLOBAL Market Analysis of Feed Trace Minerals. Further deep in this chapter, you will be able to review Global Feed Trace Minerals Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Feed Trace Minerals. Further deep in this chapter, you will be able to review North America Feed Trace Minerals Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Feed Trace Minerals. Further deep in this chapter, you will be able to review Europe Feed Trace Minerals Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Feed Trace Minerals. Further deep in this chapter, you will be able to review Asia Pacific Feed Trace Minerals Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Feed Trace Minerals. Further deep in this chapter, you will be able to review South America Feed Trace Minerals Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Feed Trace Minerals. Further deep in this chapter, you will be able to review Middle East and Africa Feed Trace Minerals Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Feed Trace Minerals. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Outlook: Analysis 2019 -2031, will provide market size split by Type Outlook:. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Outlook: Analysis 2021 - 2033
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Chapter 11 Market Split by Source Outlook: Analysis 2021 - 2033
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Chapter 12 Market Split by Livestock Outlook: Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Feed Trace Minerals market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Zinc have a significant impact on Feed Trace Minerals market? |
What are the key factors affecting the Zinc and Iron of Feed Trace Minerals Market? |
What is the CAGR/Growth Rate of Organic during the forecast period? |
By type, which segment accounted for largest share of the global Feed Trace Minerals Market? |
Which region is expected to dominate the global Feed Trace Minerals Market within the forecast period? |
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