openPR Logo
Press release

Animal Feed Micronutrient Market Emerging Growth Analysis, Future Demand, Opportunities and Forecast 2022-2028

Animal Feed Micronutrient Market Emerging Growth Analysis,

Market Overview:
The global Animal Feed Micronutrient Market was valued at USD 1.65 billion in 2021 and is expected to reach USD 2.48 billion by the year 2028, at a CAGR of 6%.

Micronutrients are nutrients that must be present in animal feed in trace amounts for an organism to develop properly. The availability of micronutrients is necessary for the nutrients to operate properly in the body. Micronutrients are also added to animal feed to promote feed quality and enhance livestock health. The micronutrients improve the performance of the enzyme system and provide various functions for synthesis. Additionally, the capacity of micronutrients in animal feed to increase animal weight, particularly in swine, is likely to contribute to a healthy perspective for industry growth.

View Detailed Report Description:

Market Dynamics:
The increase in the production of complex feed on a global scale is what is driving the market for animal feed micronutrients. Since the majority of feed is produced in industrialized nations like North America and Europe, it qualifies as higher-quality feed with adequate micronutrient absorption. In the anticipated time frame, this is expected to increase demand for animal feed micronutrients. Additionally, a number of agribusinesses have chosen to use animal feed micronutrients due to the awareness of the ethical treatment of animals and the rising demand for ethical meat products.

In the following years, it is projected that increased meat exports, fast urbanization, and market growth would all be maintained. Additionally, the market would benefit greatly from innovations adopted by the top major players working in the animal feed micronutrients sector. Furthermore, it is anticipated that the market would have development prospects in the coming years due to the expanding feed industry in developing countries like South Africa, India, and China as well as the expansion of market players in these regions.

Get Sample Copy of This Report @:

Market Segmentation
Segmentation Insights
Based on the Product Type, iron micronutrient is projected to account for the largest market share owing to the high prevalence of anemia in domestic animals is anticipated to boost the demand for iron-based micronutrients over the different regions. The growing government investment in livestock farming is also anticipated to have a positive impact on demand in upcoming years.
• Zinc
• Iron
• Manganese
• Copper
• Others

Based on Livestock, ruminant and poultry dominate the market share due to growing demand for the same from farm owners. Additionally, increasing milk and milk products and meat consumption coupled with a significant shift towards poultry food is expected to complement the growth of the market.
• Ruminant
• Poultry
• Swine
• Aqua
• Equine

Regional Insights
Asia Pacific region dominates the animal feed micronutrient market during the forecast period. In the region some major factors responsible for the growth of the market such as high populations of cattle and poultry business, increasing demand for meat and meat products, milk and milk products from high populated countries such as India and China, boosted commercial extension and expanding requirements for meat protein are helps to grow the market. North America and Europe are anticipated to project fair growth over the forecast period. The US is the largest market for animal feed micronutrients in the North America region and Germany and France in the Europe region.
Brazil accounted for the largest share of the market in Central & Latin America. The animal feed industry in Brazil has been observing constant growth and remained unaffected by the economic situation in the country. The growth of the broiler production considerably in 2015 on account of risen consumer preference toward poultry as compared to beef.
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)

Players Covered in Animal Feed Micronutrient Market are:
• Nutreco N.V.
• Balchem Corporation
• Novus International Inc.
• Purina Animal Nutrition LLC.
• AG Solutions
• Beachport Corporation Pvt Ltd
• Zinpro Corporation
• Bluestar Adisseo Company
• Prathista Industries Ltd
• Dallas Keith Limited
• Archer Daniels Midland Company
• Koninklijke DSM N.V.
• Alltech Inc
• Cargill
• Incorporated
• Kemin Industries
• Lallemand Inc. and other major players.

Get Customization of this report

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2: Executive Summary

Chapter 3: Growth Opportunities By Segment
 3.1 By Product Type
 3.2 By Livestock

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers

 4.2 Industry Value Chain Analysis

 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges

 4.4 Pestle Analysis

 4.5 Technological Roadmap

 4.6 Regulatory Landscape

 4.7 SWOT Analysis

 4.8 Price Trend Analysis

 4.9 Patent Analysis

 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Animal Feed micronutrient Market by Product Type
 5.1 Animal Feed micronutrient Market Overview Snapshot and Growth Engine
 5.2 Animal Feed micronutrient Market Overview
 5.3 Zinc
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Zinc: Geographic Segmentation
 5.4 Iron
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Iron: Geographic Segmentation
 5.5 Manganese
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2016-2028F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Manganese: Geographic Segmentation
 5.6 Copper
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size (2016-2028F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Copper: Geographic Segmentation
 5.7 Others
  5.7.1 Introduction and Market Overview
  5.7.2 Historic and Forecasted Market Size (2016-2028F)
  5.7.3 Key Market Trends, Growth Factors and Opportunities
  5.7.4 Others: Geographic Segmentation
To Be Continue.

Directly Purchase a copy of report with TOC Cumulative Impact of COVID-19 on pre-& post business impact analysis @

Key Questions Answered in the Report: -
• What is the estimated growth rate of the market in the course of the forecast period?
• Which segment holds the major share in the expansion of the industry?
• Which region can be the most prominent contributor to market expansion in the coming years?
• What strategies are applied by the leading companies to set a stronghold in the global market?
• What are the areas of a major investment by the players in the market?
• What are the restraining factors for the growth of the market in a specific sector?
• What are the latest government policies fuelling the growth of the Animal Feed Micronutrients Market?
• How market is being affected by macroeconomic shifts in a particular region?
• Which technological advancements will bring innovation to the worldwide market?
• Which end-user market segment will dominate the Animal Feed Micronutrients?

Read More Reports:
Food Packaging Market:

Strategy Consulting Market:

Concierge Service Market:

Family Office Market:

Business Intelligence Market:

Contact Us:
Mike Cooper
Business Development Manager
3001 S King Drive, Chicago, Illinois,
U.S. A 60616
Contact No: USA: +1 (773)-382-1047 / IND: +91-81-8009-6367

About Us:
Introspective Market Research ( is a visionary research consulting firm dedicated to assist our clients grow and have a successful impact on the market. Our team at IMR is ready to assist our clients flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, specialized in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyse extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Animal Feed Micronutrient Market Emerging Growth Analysis, Future Demand, Opportunities and Forecast 2022-2028 here

News-ID: 2766443 • Views: 127

More Releases from Introspective Market Research

Corporate Learning Management System (LMS) market Worth USD 28.98 Billion by 202 …
Market Overview: Global Corporate Learning Management System (LMS) market was valued at USD 6.03 billion in 2021 and is expected to reach USD 28.98 billion by the year 2028, at a CAGR of 25.14%. One definition of a corporate learning management system is a piece of software used to provide access to instructional materials like video lectures and e-books. The management system facilitates the onboarding of new workers by providing them with
IT Operations And Service Management (ITOSM) Market To Witness Huge Growth By 20 …
Market Overview: Global IT Operations and Service Management (ITOSM) market was valued at USD 16.55 billion in 2021 and is expected to reach USD 37.52 billion by the year 2028, at a CAGR of 12.4%. Management and maintenance of IT infrastructure and services is known as IT Operations and Service Management (ITOSM). Planning, delivering, managing, and optimising IT services to meet the needs of business users are all components of IT service
Public Safety Solution for Smart City Market Is Expected To Reach around USD 138 …
Market Overview: Global Public Safety Solution for Smart City market was valued at USD 473.10 billion in 2021 and is expected to reach USD 1382.10 billion by the year 2028, at a CAGR of 16.55%. An emerging technology trend, public safety solutions for smart cities integrate disparate data sets into a single location to improve emergency response times and, in turn, decrease crime rates in a city. Solutions for public safety are
Satellite Enabled IoT Software Market is Estimated to Grow at CAGR of 7.63% 2022 …
Market Overview: Global Satellite enabled IoT Software market was valued at USD 8.84 billion in 2021 and is expected to reach USD 14.79 billion by the year 2028, at a CAGR of 7.63% An artificial or man-made object that orbits the Earth in a specific path is called a satellite. Satellite-based services are at the centre of the rapidly growing global satellite-enabled Internet of Things (IOT) market, as they are used by

All 5 Releases

More Releases for Animal

Animal Model Market trends, Animal Model Market growth, Animal Model Market size …
Key Findings of Animal Model Market Developing Regions to Overpower Developed Ones With Regard to Demand The Asian territory is on the verge of evolving as the next big destination for animal models. This growth can be attributed to various factors such as American and European pharmaceutical companies diversifying their research activities to curtail extra expenses and save costs. Although U.S and Europe have retained their legacy in the global market, their
Animal Growth Promoter Market Outlook To 2023 – Bayer Animal Health, Biomin, B …
Nov 2018, New York USA (News)- Different categories of feed additives for farm animals are referred to as natural growth promoters (NGPs) or non-antibiotic growth promoters. They are commonly regarded as favorable alternatives to antibiotic growth promoters (AGPs) in livestock production. NGPs include predominantly organic acids, probiotics, prebiotics, synbiotics, phytogenics, tannins, feed enzymes and immune stimulants, an ongoing search for alternatives has created a large variety of NGPs for pigs,
Animal Antimicrobials and Antibiotics Market Key Players : Animal Health, Bayer …
The term antibiotic or antimicrobial is used for those agents who kill or inhibit the growth of microorganism. The antimicrobials products have significant benefits to the animal and to human food safety. There are researches, which have proven that an increase in the rate of animal illness results in higher rate of human illness. Therefore, livestock dealers depend on animal antibiotics to provide safe food. The scope of this report
Animal Hormones Market Brief Analysis By Top Key Players - Bayer Animal Health, … adds a new 2018-2023 Global Animal Hormones Consumption Market Report focuses on the major drivers and restraints for the global key players providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. This report presents a comprehensive overview, market shares, and growth opportunities of Animal Hormones Market by product type, application, key manufacturers and key regions. Over the next five years, Animal Hormones market will
Global Animal Healthcare Market 2018 Key Players: Merck, Bayer Animal Health, Bo …
Animal Healthcare Market: adds “Animal Healthcare Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2025” reports to its database. Executive Summary This report studies the global Animal Healthcare market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Animal Healthcare market by companies, region, type and end-use industry. This report focuses on the global top players, covered Merck Bayer Animal Health Boehringer Ingelheim Animal Hipra Phirbo Animal
Companion Animal Healthcare Market 2023 Leading Players | Bayer Animal Health (G …
The Global Companion Animal Healthcare Market is expected to reach USD 20 billion by 2023 at a CAGR of 9.6% during forecast period 2017 to 2023. Companion animals are pets which are kept for protection of a person, company, property or residence. These animals help to avoid theft and render safe environment. Dog and cats are the most popular pets. Companion animals play an important role in the lives of many,