Global Animal Feed Micronutrient Market Overview

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%.

Animal feed micronutrients are nutrients required for the animal body in trace amounts for the sufficient development of an organism. The nutrients are essential for functioning in the body and this is dependent on the availability of micronutrients. Additionally, micronutrients are used as an animal feed additive for boosting feed quality to improve the health of livestock. The micronutrients work in providing complex functions during production and in upgrading enzyme system operations. Furthermore, the capability of animal feed micronutrients to raise the weight of animals, especially swine, is likely to help a positive scope for industry growth.

The application of the product helps to the yield of good quality meat, which is anticipated to turn the demand in the projected period. Growing demand for nutrients globally, animal farmers, as well as animal breeders, increase their production. This trend has created a huge demand for these micronutrients, which plays a key role in optimizing the growth of animals as well as their production rate. Thus, the market has witnessed notable growth owing to the capability of micronutrients to supply good health for animals in turn to rise the production for dairy and meat market.

COVID-19 Impact Analysis on Animal Feed Micronutrient Market

COVID-19 pandemic began in December 2019, and then it has spread significantly globally. Most of the countries are adversely affected by coronavirus outbreaks in terms of confirmed cases and deaths such as the US, India, Russia, UK, Italy, Brazil, and Spain. The pandemic has affecting on economies in various countries owing to lockdown, travel restrictions, the limitation for business activities. Thus, this has an effect on almost all industries including agriculture and allied sectors such as animal nutrition, food, and beverages by a disturbance in the supply chain, shutdowns for the manufacturing units, product deliveries, and sales of the finished products. Additionally, the international transportation restriction by the economies in North America, Europe, and the Asia Pacific are affecting business collaboration, acquisitions, and partnerships opportunities.

Market Dynamics and Factors

Drivers:

The animal feed micronutrients market is driven by the rising volume of complex feed that is manufactured worldwide. Since most of the feed is manufactured in developed regions such as North America and Europe, it registers for a better-quality feed with adequate incorporation of animal feed micronutrients. This is expected to grow the demand for animal feed micronutrients in the projected period. In addition, the consciousness associated with the ethical treatment of animals and the growing demand for ethical meat products has led various agri-businesses to opt for animal feed micronutrients.

Growing demand for protein food owing to nutritional deficiencies is one of the major factors affecting the growth of the market at present. Rising pet animal acceptance by the owners is another major factor that helps to the growth of the animal feed micronutrients market. For instance, according to the ACSPA, around 3.2 million shelter animals are adopted every year in the U.S. In addition, according to the American Pet Products Association, around 78 million and 85 million dogs and cats respectively are owned in the U.S. This helps to rise in expenditure on pet animal care and ultimately the growth of animal feed micronutrients infertility and growth in the animals have shown a positive effect on the growth of the market. Furthermore, the surging demand for animal protein from meat and milk producing cattle combined with the recent disease epidemic in cattle is another key factor stimulating the demand for animal feed micronutrients market, globally.

Growing usage of dairy products in the food & beverage industry such as cheese, butter, cream, and curd are anticipated to turn the demand over the globe. Animal feed nutrients are increased to application for the high milk production and this has helped to stimulate the market growth in the projected period.

Restraints:

Lack of awareness in the farmers in the developing and underdeveloped economies hampering the market growth as farmers are unaware associated with the benefits of the micronutrient’s product. 

The higher cost for vitamins and vitamin-based products in the animal feed micronutrients market has been a restrain for the market growth especially in developed nations, where the agricultural community is not as developed to invest a huge amount on animal feed micronutrients.

Opportunities:

Growing meat export and rapid urbanization, increasing export of meat is anticipated to retain the growth of the market in the upcoming years. Moreover, innovations taken up by the leading key players operating in the field of animal feed micronutrients is create a lucrative opportunity for the growth of the market.

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.

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.

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.

In the Middle East and Africa, the fastest-growing market for animal feed micronutrients and registered a high growth rate in the African region. South Africa and Egypt are the major feed manufacturers in Africa. In the Middle East, Oman and Libya have been witnessing rapid production growth, which is next anticipated to boost the market growth.

Players Covered in Animal Feed Micronutrient Market are:

Key Industry Developments In Animal Feed Micronutrient Market

  • In May 2016, Lallemand Inc., and Nutritech International declared that they are merging their business effective from 1St June 2016, to creating New Zealand’s largest provider of animal nutrition and forage additives technologies.
  • In December 2016, Purina Animal Nutrition LLC., announced that they are signed an agreement for the enhances the sales and marketing efficiency with Magnet 360, a Salesforce Platinum Consulting Partner, Purina expanded its use of salesforce to include Marketing Cloud and Pardot.

Global Animal Feed Micronutrient Market

Base Year:

2021

Forecast Period:

2022-2028

Historical Data:

2016 to 2020

Market Size in 2021:

USD 1.65 Bn.

Forecast Period 2022-28 CAGR:

6%

Market Size in 2028:

USD 2.48 Bn.

Segments Covered:

By Product Type

  • Zinc
  • Iron
  • Manganese
  • Copper
  • Others

By Livestock

  • Ruminant
  • Poultry
  • Swine
  • Aqua
  • Equine
  • Others

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Huge Growth and Demand for Ethical Meat Products and Protein Rich Food

Key Market Restraints:

  • Lack of Awareness Among Farmers in the Developing and Underdeveloped Nations

Key Opportunities:

  • Innovations by Major Key Players and Rapid Urbanization

Companies Covered in the report:

  • Nutreco N.V., Balchem Corporation, BASF SE, Novus International Inc., Purina Animal Nutrition LLC, and Other major players.

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: Grographic 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: Grographic 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: Grographic 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: Grographic 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: Grographic Segmentation

Chapter 6: Animal Feed micronutrient Market by Livestock
 6.1 Animal Feed micronutrient Market Overview Snapshot and Growth Engine
 6.2 Animal Feed micronutrient Market Overview
 6.3 Ruminant
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2028F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Ruminant: Grographic Segmentation
 6.4 Poultry
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2028F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Poultry: Grographic Segmentation
 6.5 Swine
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size (2016-2028F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Swine: Grographic Segmentation
 6.6 Aqua
  6.6.1 Introduction and Market Overview
  6.6.2 Historic and Forecasted Market Size (2016-2028F)
  6.6.3 Key Market Trends, Growth Factors and Opportunities
  6.6.4 Aqua: Grographic Segmentation
 6.7 Equine
  6.7.1 Introduction and Market Overview
  6.7.2 Historic and Forecasted Market Size (2016-2028F)
  6.7.3 Key Market Trends, Growth Factors and Opportunities
  6.7.4 Equine: Grographic Segmentation
 6.8 Others
  6.8.1 Introduction and Market Overview
  6.8.2 Historic and Forecasted Market Size (2016-2028F)
  6.8.3 Key Market Trends, Growth Factors and Opportunities
  6.8.4 Others: Grographic Segmentation

Chapter 7: Company Profiles and Competitive Analysis
 7.1 Competitive Landscape
  7.1.1 Competitive Positioning
  7.1.2 Animal Feed micronutrient Sales and Market Share By Players
  7.1.3 Industry BCG Matrix
  7.1.4 Ansoff Matrix
  7.1.5 Animal Feed micronutrient Industry Concentration Ratio (CR5 and HHI)
  7.1.6 Top 5 Animal Feed micronutrient Players Market Share
  7.1.7 Mergers and Acquisitions
  7.1.8 Business Strategies By Top Players
 7.2 NUTRECO N.V.
  7.2.1 Company Overview
  7.2.2 Key Executives
  7.2.3 Company Snapshot
  7.2.4 Operating Business Segments
  7.2.5 Product Portfolio
  7.2.6 Business Performance
  7.2.7 Key Strategic Moves and Recent Developments
  7.2.8 SWOT Analysis
 7.3 BALCHEM CORPORATION
 7.4 BASF SE
 7.5 NOVUS INTERNATIONAL INC.
 7.6 PURINA ANIMAL NUTRITION LLC.
 7.7 AG SOLUTIONS
 7.8 BEACHPORT CORPORATION PVT LTD
 7.9 ZINPRO CORPORATION
 7.10 BLUESTAR ADISSEO COMPANY
 7.11 PRATHISTA INDUSTRIES LTD
 7.12 DALLAS KEITH LIMITED
 7.13 ARCHER DANIELS MIDLAND COMPANY
 7.14 KONINKLIJKE DSM N.V.
 7.15 ALLTECH INC
 7.16 CARGILL
 7.17 INCORPORATED
 7.18 KEMIN INDUSTRIES
 7.19 LALLEMAND INC
 7.20 OTHER MAJOR PLAYERS

Chapter 8: Global Animal Feed micronutrient Market Analysis, Insights and Forecast, 2016-2028
 8.1 Market Overview
 8.2 Historic and Forecasted Market Size By Product Type
  8.2.1 Zinc
  8.2.2 Iron
  8.2.3 Manganese
  8.2.4 Copper
  8.2.5 Others
 8.3 Historic and Forecasted Market Size By Livestock
  8.3.1 Ruminant
  8.3.2 Poultry
  8.3.3 Swine
  8.3.4 Aqua
  8.3.5 Equine
  8.3.6 Others

Chapter 9: North America Animal Feed micronutrient Market Analysis, Insights and Forecast, 2016-2028
 9.1 Key Market Trends, Growth Factors and Opportunities
 9.2 Impact of Covid-19
 9.3 Key Players
 9.4 Key Market Trends, Growth Factors and Opportunities
 9.4 Historic and Forecasted Market Size By Product Type
  9.4.1 Zinc
  9.4.2 Iron
  9.4.3 Manganese
  9.4.4 Copper
  9.4.5 Others
 9.5 Historic and Forecasted Market Size By Livestock
  9.5.1 Ruminant
  9.5.2 Poultry
  9.5.3 Swine
  9.5.4 Aqua
  9.5.5 Equine
  9.5.6 Others
 9.6 Historic and Forecast Market Size by Country
  9.6.1 U.S.
  9.6.2 Canada
  9.6.3 Mexico

Chapter 10: Europe Animal Feed micronutrient Market Analysis, Insights and Forecast, 2016-2028
 10.1 Key Market Trends, Growth Factors and Opportunities
 10.2 Impact of Covid-19
 10.3 Key Players
 10.4 Key Market Trends, Growth Factors and Opportunities
 10.4 Historic and Forecasted Market Size By Product Type
  10.4.1 Zinc
  10.4.2 Iron
  10.4.3 Manganese
  10.4.4 Copper
  10.4.5 Others
 10.5 Historic and Forecasted Market Size By Livestock
  10.5.1 Ruminant
  10.5.2 Poultry
  10.5.3 Swine
  10.5.4 Aqua
  10.5.5 Equine
  10.5.6 Others
 10.6 Historic and Forecast Market Size by Country
  10.6.1 Germany
  10.6.2 U.K.
  10.6.3 France
  10.6.4 Italy
  10.6.5 Russia
  10.6.6 Spain
  10.6.7 Rest of Europe

Chapter 11: Asia-Pacific Animal Feed micronutrient Market Analysis, Insights and Forecast, 2016-2028
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Product Type
  11.4.1 Zinc
  11.4.2 Iron
  11.4.3 Manganese
  11.4.4 Copper
  11.4.5 Others
 11.5 Historic and Forecasted Market Size By Livestock
  11.5.1 Ruminant
  11.5.2 Poultry
  11.5.3 Swine
  11.5.4 Aqua
  11.5.5 Equine
  11.5.6 Others
 11.6 Historic and Forecast Market Size by Country
  11.6.1 China
  11.6.2 India
  11.6.3 Japan
  11.6.4 Singapore
  11.6.5 Australia
  11.6.6 New Zealand
  11.6.7 Rest of APAC

Chapter 12: Middle East & Africa Animal Feed micronutrient Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Product Type
  12.4.1 Zinc
  12.4.2 Iron
  12.4.3 Manganese
  12.4.4 Copper
  12.4.5 Others
 12.5 Historic and Forecasted Market Size By Livestock
  12.5.1 Ruminant
  12.5.2 Poultry
  12.5.3 Swine
  12.5.4 Aqua
  12.5.5 Equine
  12.5.6 Others
 12.6 Historic and Forecast Market Size by Country
  12.6.1 Turkey
  12.6.2 Saudi Arabia
  12.6.3 Iran
  12.6.4 UAE
  12.6.5 Africa
  12.6.6 Rest of MEA

Chapter 13: South America Animal Feed micronutrient Market Analysis, Insights and Forecast, 2016-2028
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Product Type
  13.4.1 Zinc
  13.4.2 Iron
  13.4.3 Manganese
  13.4.4 Copper
  13.4.5 Others
 13.5 Historic and Forecasted Market Size By Livestock
  13.5.1 Ruminant
  13.5.2 Poultry
  13.5.3 Swine
  13.5.4 Aqua
  13.5.5 Equine
  13.5.6 Others
 13.6 Historic and Forecast Market Size by Country
  13.6.1 Brazil
  13.6.2 Argentina
  13.6.3 Rest of SA

Chapter 14 Investment Analysis

Chapter 15 Analyst Viewpoint and Conclusion

Global Animal Feed Micronutrient Market

Base Year:

2021

Forecast Period:

2022-2028

Historical Data:

2016 to 2020

Market Size in 2021:

USD 1.65 Bn.

Forecast Period 2022-28 CAGR:

6%

Market Size in 2028:

USD 2.48 Bn.

Segments Covered:

By Product Type

  • Zinc
  • Iron
  • Manganese
  • Copper
  • Others

By Livestock

  • Ruminant
  • Poultry
  • Swine
  • Aqua
  • Equine
  • Others

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Huge Growth and Demand for Ethical Meat Products and Protein Rich Food

Key Market Restraints:

  • Lack of Awareness Among Farmers in the Developing and Underdeveloped Nations

Key Opportunities:

  • Innovations by Major Key Players and Rapid Urbanization

Companies Covered in the report:

  • Nutreco N.V., Balchem Corporation, BASF SE, Novus International Inc., Purina Animal Nutrition LLC, and Other major players.

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. ANIMAL FEED MICRONUTRIENT MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. ANIMAL FEED MICRONUTRIENT MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. ANIMAL FEED MICRONUTRIENT MARKET COMPETITIVE RIVALRY
TABLE 005. ANIMAL FEED MICRONUTRIENT MARKET THREAT OF NEW ENTRANTS
TABLE 006. ANIMAL FEED MICRONUTRIENT MARKET THREAT OF SUBSTITUTES
TABLE 007. ANIMAL FEED MICRONUTRIENT MARKET BY PRODUCT TYPE
TABLE 008. ZINC MARKET OVERVIEW (2016-2028)
TABLE 009. IRON MARKET OVERVIEW (2016-2028)
TABLE 010. MANGANESE MARKET OVERVIEW (2016-2028)
TABLE 011. COPPER MARKET OVERVIEW (2016-2028)
TABLE 012. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 013. ANIMAL FEED MICRONUTRIENT MARKET BY LIVESTOCK
TABLE 014. RUMINANT MARKET OVERVIEW (2016-2028)
TABLE 015. POULTRY MARKET OVERVIEW (2016-2028)
TABLE 016. SWINE MARKET OVERVIEW (2016-2028)
TABLE 017. AQUA MARKET OVERVIEW (2016-2028)
TABLE 018. EQUINE MARKET OVERVIEW (2016-2028)
TABLE 019. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 020. NORTH AMERICA ANIMAL FEED MICRONUTRIENT MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 021. NORTH AMERICA ANIMAL FEED MICRONUTRIENT MARKET, BY LIVESTOCK (2016-2028)
TABLE 022. N ANIMAL FEED MICRONUTRIENT MARKET, BY COUNTRY (2016-2028)
TABLE 023. EUROPE ANIMAL FEED MICRONUTRIENT MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 024. EUROPE ANIMAL FEED MICRONUTRIENT MARKET, BY LIVESTOCK (2016-2028)
TABLE 025. ANIMAL FEED MICRONUTRIENT MARKET, BY COUNTRY (2016-2028)
TABLE 026. ASIA PACIFIC ANIMAL FEED MICRONUTRIENT MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 027. ASIA PACIFIC ANIMAL FEED MICRONUTRIENT MARKET, BY LIVESTOCK (2016-2028)
TABLE 028. ANIMAL FEED MICRONUTRIENT MARKET, BY COUNTRY (2016-2028)
TABLE 029. MIDDLE EAST & AFRICA ANIMAL FEED MICRONUTRIENT MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 030. MIDDLE EAST & AFRICA ANIMAL FEED MICRONUTRIENT MARKET, BY LIVESTOCK (2016-2028)
TABLE 031. ANIMAL FEED MICRONUTRIENT MARKET, BY COUNTRY (2016-2028)
TABLE 032. SOUTH AMERICA ANIMAL FEED MICRONUTRIENT MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 033. SOUTH AMERICA ANIMAL FEED MICRONUTRIENT MARKET, BY LIVESTOCK (2016-2028)
TABLE 034. ANIMAL FEED MICRONUTRIENT MARKET, BY COUNTRY (2016-2028)
TABLE 035. NUTRECO N.V.: SNAPSHOT
TABLE 036. NUTRECO N.V.: BUSINESS PERFORMANCE
TABLE 037. NUTRECO N.V.: PRODUCT PORTFOLIO
TABLE 038. NUTRECO N.V.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 038. BALCHEM CORPORATION: SNAPSHOT
TABLE 039. BALCHEM CORPORATION: BUSINESS PERFORMANCE
TABLE 040. BALCHEM CORPORATION: PRODUCT PORTFOLIO
TABLE 041. BALCHEM CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 041. BASF SE: SNAPSHOT
TABLE 042. BASF SE: BUSINESS PERFORMANCE
TABLE 043. BASF SE: PRODUCT PORTFOLIO
TABLE 044. BASF SE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 044. NOVUS INTERNATIONAL INC.: SNAPSHOT
TABLE 045. NOVUS INTERNATIONAL INC.: BUSINESS PERFORMANCE
TABLE 046. NOVUS INTERNATIONAL INC.: PRODUCT PORTFOLIO
TABLE 047. NOVUS INTERNATIONAL INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 047. PURINA ANIMAL NUTRITION LLC.: SNAPSHOT
TABLE 048. PURINA ANIMAL NUTRITION LLC.: BUSINESS PERFORMANCE
TABLE 049. PURINA ANIMAL NUTRITION LLC.: PRODUCT PORTFOLIO
TABLE 050. PURINA ANIMAL NUTRITION LLC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 050. AG SOLUTIONS: SNAPSHOT
TABLE 051. AG SOLUTIONS: BUSINESS PERFORMANCE
TABLE 052. AG SOLUTIONS: PRODUCT PORTFOLIO
TABLE 053. AG SOLUTIONS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 053. BEACHPORT CORPORATION PVT LTD: SNAPSHOT
TABLE 054. BEACHPORT CORPORATION PVT LTD: BUSINESS PERFORMANCE
TABLE 055. BEACHPORT CORPORATION PVT LTD: PRODUCT PORTFOLIO
TABLE 056. BEACHPORT CORPORATION PVT LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 056. ZINPRO CORPORATION: SNAPSHOT
TABLE 057. ZINPRO CORPORATION: BUSINESS PERFORMANCE
TABLE 058. ZINPRO CORPORATION: PRODUCT PORTFOLIO
TABLE 059. ZINPRO CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 059. BLUESTAR ADISSEO COMPANY: SNAPSHOT
TABLE 060. BLUESTAR ADISSEO COMPANY: BUSINESS PERFORMANCE
TABLE 061. BLUESTAR ADISSEO COMPANY: PRODUCT PORTFOLIO
TABLE 062. BLUESTAR ADISSEO COMPANY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 062. PRATHISTA INDUSTRIES LTD: SNAPSHOT
TABLE 063. PRATHISTA INDUSTRIES LTD: BUSINESS PERFORMANCE
TABLE 064. PRATHISTA INDUSTRIES LTD: PRODUCT PORTFOLIO
TABLE 065. PRATHISTA INDUSTRIES LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 065. DALLAS KEITH LIMITED: SNAPSHOT
TABLE 066. DALLAS KEITH LIMITED: BUSINESS PERFORMANCE
TABLE 067. DALLAS KEITH LIMITED: PRODUCT PORTFOLIO
TABLE 068. DALLAS KEITH LIMITED: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 068. ARCHER DANIELS MIDLAND COMPANY: SNAPSHOT
TABLE 069. ARCHER DANIELS MIDLAND COMPANY: BUSINESS PERFORMANCE
TABLE 070. ARCHER DANIELS MIDLAND COMPANY: PRODUCT PORTFOLIO
TABLE 071. ARCHER DANIELS MIDLAND COMPANY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 071. KONINKLIJKE DSM N.V.: SNAPSHOT
TABLE 072. KONINKLIJKE DSM N.V.: BUSINESS PERFORMANCE
TABLE 073. KONINKLIJKE DSM N.V.: PRODUCT PORTFOLIO
TABLE 074. KONINKLIJKE DSM N.V.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 074. ALLTECH INC: SNAPSHOT
TABLE 075. ALLTECH INC: BUSINESS PERFORMANCE
TABLE 076. ALLTECH INC: PRODUCT PORTFOLIO
TABLE 077. ALLTECH INC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 077. CARGILL: SNAPSHOT
TABLE 078. CARGILL: BUSINESS PERFORMANCE
TABLE 079. CARGILL: PRODUCT PORTFOLIO
TABLE 080. CARGILL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 080. INCORPORATED: SNAPSHOT
TABLE 081. INCORPORATED: BUSINESS PERFORMANCE
TABLE 082. INCORPORATED: PRODUCT PORTFOLIO
TABLE 083. INCORPORATED: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 083. KEMIN INDUSTRIES: SNAPSHOT
TABLE 084. KEMIN INDUSTRIES: BUSINESS PERFORMANCE
TABLE 085. KEMIN INDUSTRIES: PRODUCT PORTFOLIO
TABLE 086. KEMIN INDUSTRIES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 086. LALLEMAND INC: SNAPSHOT
TABLE 087. LALLEMAND INC: BUSINESS PERFORMANCE
TABLE 088. LALLEMAND INC: PRODUCT PORTFOLIO
TABLE 089. LALLEMAND INC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 089. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 090. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 091. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 092. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. ANIMAL FEED MICRONUTRIENT MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. ANIMAL FEED MICRONUTRIENT MARKET OVERVIEW BY PRODUCT TYPE
FIGURE 012. ZINC MARKET OVERVIEW (2016-2028)
FIGURE 013. IRON MARKET OVERVIEW (2016-2028)
FIGURE 014. MANGANESE MARKET OVERVIEW (2016-2028)
FIGURE 015. COPPER MARKET OVERVIEW (2016-2028)
FIGURE 016. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 017. ANIMAL FEED MICRONUTRIENT MARKET OVERVIEW BY LIVESTOCK
FIGURE 018. RUMINANT MARKET OVERVIEW (2016-2028)
FIGURE 019. POULTRY MARKET OVERVIEW (2016-2028)
FIGURE 020. SWINE MARKET OVERVIEW (2016-2028)
FIGURE 021. AQUA MARKET OVERVIEW (2016-2028)
FIGURE 022. EQUINE MARKET OVERVIEW (2016-2028)
FIGURE 023. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 024. NORTH AMERICA ANIMAL FEED MICRONUTRIENT MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 025. EUROPE ANIMAL FEED MICRONUTRIENT MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 026. ASIA PACIFIC ANIMAL FEED MICRONUTRIENT MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 027. MIDDLE EAST & AFRICA ANIMAL FEED MICRONUTRIENT MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 028. SOUTH AMERICA ANIMAL FEED MICRONUTRIENT MARKET OVERVIEW BY COUNTRY (2016-2028)

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Frequently Asked Questions :

What would be the forecast period in the Animal Feed Micronutrient Market research report?

The forecast period in the Animal Feed Micronutrient Market research report is 2022-2028.

Who are the key players in Animal Feed Micronutrient Market?

Nutreco N.V., Balchem Corporation, BASF SE, 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.

What are the segments of the Animal Feed Micronutrient Market?

The Animal Feed Micronutrient Market is segmented into Product Type, Livestock, and region. By Product Type, the market is categorized into Zinc, Iron, Manganese, Copper, and Others. By Livestock, the market is categorized into Ruminant, Poultry, Swine, Aqua, Equine, and Others. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Animal Feed Micronutrient Market?

Animal feed micronutrients are nutrients required for the animal body in trace amounts for the sufficient development of an organism. The nutrients are essential for functioning in the body and this is dependent on the availability of micronutrients.

How big is the Animal Feed Micronutrient Market?

The Animal Feed Micronutrients Market was valued at USD 1.65 Billion in 2021 and is projected to reach USD 2.48 Billion by 2028, growing at a CAGR of 6% from 2022 to 2028.