Comprehensive 2025 Trace Minerals in Feed Market Overview: Trends, Forecasts, and Growth Drivers

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What Is the Expected CAGR for the Trace Minerals in Feed Market Through 2025?
The trace minerals in feed market size has grown strongly in recent years. It will grow from $557.08 billion in 2024 to $588.92 billion in 2025 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to early understanding of animal nutrition, traditional livestock farming practices, emergence of feed additives, scientific research on animal health, livestock industry expansion.

What's the Projected Size of the Global Trace Minerals in Feed Market by 2029?
The trace minerals in feed market size is expected to see strong growth in the next few years. It will grow to $738.28 billion in 2029 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to consumer awareness and education, global livestock production growth, research and development in animal nutrition, environmental and sustainability concerns, focus on animal health and performance. Major trends in the forecast period include focus on animal nutrition, rising livestock production, scientific advancements, environmental concerns, regulatory standards.

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Top Growth Drivers in the Trace Minerals in Feed Industry: What's Accelerating the Market?
Growing demand for animal-based protein is expected to propel the growth of the trace minerals in feed market going forward. Animal-based protein refers to protein derived from animal sources, such as meat, offal, milk, and eggs. The use of trace minerals in animal-based protein is a critical aspect of animal nutrition, aiming to address potential deficiencies and optimize the health and performance of production animals through the strategic inclusion of bioavailable trace mineral sources in their feed. For instance, in June 2022, a survey conducted by the University of Minnesota's College of Food, Agricultural and Natural Resource Sciences (CFANS) in collaboration with the International Food Information Council (IFIC), a US-based non-profit organization showed that 80% of U.S. adult consumers prefer animal-based protein (pork, beef, poultry, and fish) as their main sources of protein. Therefore, the growing demand for animal-based protein is driving the trace minerals in feed market.

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What Trends Will Shape the Trace Minerals in Feed Market Through 2029 and Beyond?
Product innovations have emerged as the key trend gaining popularity in the trace minerals in feed market. Major companies operating in the trace minerals in feed market are developing innovative products to strengthen their position in the market. For instance, in October 2022, the Zinpro Corporation, a US-based innovator and manufacturer of high-performance organic trace minerals, launched Zinpro IsoFerm for dairy nutrition. The unique features of the Zinpro IsoFerm involve boosting rumen activity by feeding fiber-digesting bacteria directly with game-changing technology. It is designed to increase feed efficiency, promote sustainability, and boost profitability.

What Are the Main Segments in the Trace Minerals in Feed Market?
The trace minerals in feed market covered in this report is segmented -

1) By Type: Zinc, Copper, Cobalt, Manganese, Iron, Chromium, Other Types
2) By Chelate Type: Amino Acids, Proteinates, Polysaccharides, Other Chelate Types
3) By Livestock: Poultry, Ruminant, Swine, Aquaculture, Other Livestock
4) By Form: Dry, Liquid

Subsegments:
1) By Zinc: Zinc Oxide, Zinc Sulfate, Organic Zinc
2) By Copper: Copper Sulfate, Organic Copper, Copper Oxide
3) By Cobalt: Cobalt Sulfate, Cobalt Gluconate
4) By Manganese: Manganese Oxide, Manganese Sulfate, Organic Manganese
5) By Iron: Iron Sulfate, Iron Oxide, Organic Iron
6) By Chromium: Chromium Picolinate, Chromium Chloride
7) By Other Types: Selenium, Iodine, Molybdenum

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Which Top Companies are Driving Growth in the Trace Minerals in Feed Market?
Major companies operating in the trace minerals in feed market include Cargill Inc., Archer-Daniels-Midland Company, BASF SE, Bluestar Adisseo Co. Ltd., Nutreco NV, Alltech Inc., Zinpro Corp., Novus International Inc., Kemin Industries Inc., Lallemand Inc., Virbac SA, QualiTech Inc., Dr. Paul Lohmann Gmbh & Co. KGAA, Koninklijke DSM NV, Orffa International Holding BV, Chemlock Nutrition Corporation, Dr. Eckel Animal Nutrition GmbH & Co. KG, Green Mountain Nutritional Services Inc., JH Biotech Inc., Feed One Co. Ltd.

Which Regions Will Dominate the Trace Minerals in Feed Market Through 2029?
Asia-Pacific was the largest region in the trace minerals in feed market in 2024. Asia-Pacific is expected to be the fastest-growing region in the trace minerals in feed market report during the forecast period. The regions covered in the trace minerals in feed market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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