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Growing Chelated Minerals Market: Rapid Expansion and Forecast to Reach $7.06 Billion by 2029 at a CAGR of 9.1%"
With the growing demand for dietary supplements and awareness of micronutrient deficiencies, the Chelated Minerals Market is poised to grow steadily, backed by significant factors and trends.What Is The Projected Market Size Of The Global Chelated Minerals Market And Its Growth Rate?
The global chelated minerals market has shown robust growth in recent years and is expected to continue growing.
• The market grew from $4.62 billion in 2024 to $4.99 billion in 2025, marking a CAGR of 7.9%.
• This growth is driven by increased awareness of micronutrient deficiencies, rising demand for high-efficiency fertilizers, and expansion of the animal feed industry.
• The market is projected to grow to $7.06 billion in 2029 at a CAGR of 9.1%.
• Key growth drivers will be the expansion of precision agriculture, increased awareness of sustainable agriculture, demand for organic food production, and government support for sustainable agriculture.
What Is Driving The Growth In The Chelated Minerals Market?
The growth of the chelated minerals market is driven by the increasing demand for dietary supplements. Dietary supplements, products intended to supplement the diet, are considered crucial for maintaining health by a significant percentage of adults. Chelated minerals, known for their superior assimilation by the body, are becoming increasingly popular. A report published in October 2023 by the Council for Responsible Nutrition revealed that dietary supplements are used by 74% of adults, with 92% of users believing they are crucial for maintaining health. This trend is expected to boost demand for chelated minerals in the market.
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Who Are the Key Players Driving Chelated Minerals Market Growth?
The major players driving growth in the chelated minerals market include:
• Archer Daniel Midland Company
• Koninklijke DSM N.V.
• Balchem Inc.
• Nutreco N.V.
• BASF SE
• Kemin Industries Inc.
• Alltech Inc.
• Cargill Incorporated
• Maru Chem Industries
• Novus International Inc.
What Are The Key Trends In The Chelated Minerals Market?
Key trends in the forecast period include:
• Growing demand for organic chelates
• Expansion in agriculture and aquaculture applications
• Customized chelate solutions for specific crops
• Innovation in chelation technologies
• Focus on human nutrition and nutraceuticals
What Are The Segments Of The Global Chelated Minerals Market?
The Chelated Minerals Market is segmented by:
1) Type: Calcium, Copper, Zinc, Chromium, Iron, and Other Chelated Minerals
2) Chelating Agent: Amino Acid, Polysaccharide Complex, Proteinate, Other Chelating Agents
3) Form: Powder, Liquid
4) Application: Animal Feed, Dietary Supplements, Pharmaceutical, Functional Food And Beverages, Other Applications
Which Region Leads The Chelated Minerals Market?
North America was the largest region in the chelated minerals market in 2024, demonstrating robust market trends. The other regions covered in the market report include Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, Africa.
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What Is Covered In The Chelated Minerals Market Global Market Report?
- Market Size Analysis: Analyze the Chelated Minerals Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Chelated Minerals Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Chelated Minerals Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Chelated Minerals Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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