Trace Minerals (Chelated) in Feed

Trace Minerals (Chelated) in Feed

Global Trace Minerals (Chelated) in Feed Market to Reach US$818.0 Million by 2030

The global market for Trace Minerals (Chelated) in Feed estimated at US$588.7 Million in the year 2023, is expected to reach US$818.0 Million by 2030, growing at a CAGR of 4.8% over the analysis period 2023-2030. Iron, one of the segments analyzed in the report, is expected to record a 4.8% CAGR and reach US$347.1 Million by the end of the analysis period. Growth in the Zinc segment is estimated at 5.6% CAGR over the analysis period.

The U.S. Market is Estimated at US$157.7 Million While China is Forecast to Grow at 4.6% CAGR

The Trace Minerals (Chelated) in Feed market in the U.S. is estimated at US$157.7 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$129.7 Million by the year 2030 trailing a CAGR of 4.6% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 4.5% and 4.0% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.7% CAGR.

Global Trace Minerals (Chelated) in Feed Market - Key Trends & Drivers Summarized

What Are Chelated Trace Minerals in Feed and Why Are They Important?

Chelated trace minerals in feed are essential nutrients bound to organic molecules, enhancing their stability and bioavailability for livestock. These minerals, including zinc, copper, iron, and manganese, play crucial roles in animal growth, immune function, and overall health. Chelation improves the absorption and utilization of these minerals compared to inorganic forms, leading to better animal performance and productivity. The importance of chelated trace minerals lies in their ability to address mineral deficiencies, improve feed efficiency, and support optimal animal health and welfare, making them a vital component of modern livestock nutrition.

How Do Chelated Trace Minerals Function in Animal Nutrition?

Chelated trace minerals function by ensuring efficient delivery and absorption of essential nutrients in the animal’s digestive system. The chelation process involves binding minerals to amino acids or other organic molecules, protecting them from antagonistic interactions in the gut and enhancing their absorption. This improved bioavailability leads to better mineral uptake, supporting various physiological functions such as enzyme activation, bone development, and immune response. In practice, incorporating chelated trace minerals into animal feed results in improved growth rates, enhanced reproductive performance, and better overall health, reducing the need for medical interventions and promoting sustainable livestock production.

What Are the Challenges and Opportunities in Chelated Trace Minerals Development?

The development and use of chelated trace minerals in animal feed present several challenges and opportunities. One major challenge is the higher cost of chelated minerals compared to inorganic forms, which can impact feed formulation budgets. Additionally, ensuring the stability and consistency of chelated minerals during feed processing and storage is crucial for maintaining their efficacy. On the opportunity side, the increasing focus on animal welfare and sustainable farming practices is driving demand for high-quality, bioavailable nutrients. Innovations in chelation technology and formulation are enhancing the stability and effectiveness of chelated minerals. Furthermore, growing awareness of the benefits of chelated minerals in improving animal health and productivity is encouraging their adoption in livestock nutrition programs.

What Is Driving the Growth in the Chelated Trace Minerals in Feed Market?

The growth in the chelated trace minerals in feed market is driven by several factors. Firstly, the increasing demand for high-quality animal protein and dairy products is boosting the need for efficient and effective livestock nutrition. Secondly, the growing awareness of the benefits of chelated minerals in enhancing animal health and productivity is driving their adoption. Thirdly, advancements in chelation technology and formulation are improving the bioavailability and stability of these minerals, making them more attractive to feed manufacturers and livestock producers. Additionally, the rising focus on sustainable farming practices and animal welfare is encouraging the use of high-quality, bioavailable nutrients. Finally, supportive government regulations and initiatives promoting animal health and nutrition are further driving market growth.

Select Competitors (Total 48 Featured) -

• Alltech
• Archer Daniels Midland Company
• BASF SE
• Bluestar Adisseo Company Ltd.
• Cargill, Inc.
• DLG a.m.b.a
• Invivo
• Kemin Industries, Inc.
• Koninklijke DSM NV
• Novus International, Inc.
• Nutreco NV
• Phibro Animal Health Corporation
• Zinpro Corporation

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