Organic Trace Minerals For Animal Feed Market Size 2024-2028
The organic trace minerals for animal feed market size is forecast to increase by USD 568.3 million, at a CAGR of 10.44% between 2023 and 2028.
- The market is driven by the growing recognition of the health benefits of organic trace minerals for livestock. These minerals play a crucial role in maintaining the overall well-being of animals, contributing to improved productivity and enhanced product quality. The market is further propelled by the increasing use of water-soluble organic feed additives, which offer better absorption rates and improved bioavailability. However, the market faces challenges from the growing vegan population and the subsequent decrease in demand for animal products. This shift in consumer preferences necessitates the exploration of alternative applications for organic trace minerals beyond animal feed.
- Companies in this market must adapt to these trends and challenges to capitalize on opportunities and maintain a competitive edge. Strategic partnerships, product innovation, and diversification into new markets can help mitigate the impact of declining demand from the animal feed sector. By focusing on these areas, market players can navigate the evolving market landscape and position themselves for long-term success.
What will be the Size of the Organic Trace Minerals For Animal Feed Market during the forecast period?
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- The organic trace minerals market for animal feed continues to evolve, driven by the growing demand for healthier and more efficient livestock production. Animal feed formulation plays a crucial role in optimizing mineral supplementation to enhance hoof health, gut microbiome, and digestibility enhancement. Mineral chelation and the fermentation process are essential in ensuring mineral bioavailability and feed efficiency. Trace mineral premixes have gained popularity in various sectors, including poultry feed additives, dairy cattle nutrition, and swine nutrition. The market's continuous dynamism is reflected in the ongoing research and development of mineral interaction and mineral balance to address trace mineral deficiencies and improve nutrient absorption.
- For instance, a recent study showed that incorporating organic mineral sources into pig feed resulted in a 5% increase in growth performance. Industry growth expectations remain strong, with the market projected to expand by over 5% annually. Mineral requirement and immune function are key areas of focus, with mineral toxicity and production efficiency also critical considerations. In ruminant nutrition, mineral interaction and probiotic interaction play significant roles in reproductive health and rumen metabolism. Trace mineral analysis is essential to ensure mineral balance and feed cost reduction. The market's unfolding patterns also extend to aquaculture nutrition, where mineral bioavailability and mineral interaction are vital for optimal animal health and growth.
How is this Organic Trace Minerals For Animal Feed Industry segmented?
The organic trace minerals for animal feed industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
- Form Factor
- Dry
- Liquid
- Application
- Poultry
- Swine
- Ruminants
- Others
- Geography
- North America
- US
- Canada
- Europe
- UK
- APAC
- China
- Japan
- Rest of World (ROW)
- North America
By Form Factor Insights
The dry segment is estimated to witness significant growth during the forecast period.
The market for dry organic trace minerals in animal feed is experiencing growth due to increasing consumer demand for natural and sustainable alternatives to conventional mineral supplements. This demand is driven by the belief that organic trace minerals offer improved hoof health, animal health benefits, and enhanced nutrient absorption. Animal feed formulation and mineral supplementation are crucial aspects of the industry, with mineral chelation and fermentation processes playing significant roles in enhancing mineral bioavailability and feed efficiency. The use of organic mineral sources in feed formulation, such as those derived from plant and marine sources, can boost growth performance and immune function, while minimizing mineral toxicity.
In poultry feed additives, for instance, organic trace minerals can improve protein synthesis and reproductive health. Mineral interaction and balance are essential considerations in ruminant nutrition, where mineral deficiencies can negatively impact nutrient absorption and rumen metabolism. The aquaculture nutrition sector also benefits from organic trace minerals, as they can improve feed palatability and production efficiency. However, the higher cost of organic trace minerals compared to conventional minerals presents a challenge for market expansion. Additionally, the lack of standardization in the production and labeling of organic trace minerals can create confusion and mistrust among consumers.
According to recent industry reports, the market for organic trace minerals in animal feed is projected to grow by over 5% annually, driven by increasing consumer awareness and demand for natural and sustainable feed ingredients. For example, a study published in the Journal of Animal Science reported that organic zinc and manganese supplementation in pig feed led to a 5% increase in feed efficiency and a 10% improvement in average daily weight gain.
The Dry segment was valued at USD 459.00 million in 2018 and showed a gradual increase during the forecast period.
Regional Analysis
North America is estimated to contribute 28% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The organic trace minerals market for animal feed is experiencing significant growth, particularly in North America, where it held a dominant share in 2023. This trend can be attributed to the increasing meat production in the region over the past five years, driven by strong demand from consumers for high-quality meat. The region's well-informed consumer base and preference for organic production methods further fuel market growth. Organic trace minerals improve animal health by enhancing gut microbiome function, feed palatability, and digestibility, leading to increased production efficiency and improved growth performance. These minerals also play a crucial role in immune function, protein synthesis, and reproductive health.
Trace minerals, such as zinc and manganese, are essential for mineral balance and nutrient absorption. However, mineral toxicity is a concern, highlighting the importance of mineral interaction and balance in animal feed formulation. For instance, zinc and copper interaction can negatively impact animal health. Mineral chelation, a process used to increase mineral bioavailability, is a popular solution to mitigate these interactions. The fermentation process is another area of interest in the market, as it can enhance mineral bioavailability and improve feed efficiency. Organic mineral sources, such as seaweed and yeast, are gaining popularity due to their sustainability and environmental benefits.
The market is also witnessing growth in the aquaculture and poultry sectors, where mineral requirements differ significantly from those of ruminants. According to recent industry reports, the global organic trace minerals market for animal feed is expected to grow at a steady pace, reaching a value of approximately USD2.5 billion by 2028. This growth is driven by the increasing demand for high-quality animal products and the need for more sustainable and efficient farming practices.
Market Dynamics
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The market is gaining significant traction in the global agricultural industry due to the numerous benefits it offers in enhancing animal health and productivity. Organic trace minerals, such as zinc, selenium, manganese, and iron, play a crucial role in various physiological functions, including milk production, poultry growth, swine development, and animal reproduction. For instance, zinc supplementation in swine feed has been proven to improve growth rates and feed efficiency, while selenium deficiency can negatively impact reproductive performance in livestock. In poultry, the use of chelated minerals enhances absorption and utilization, ensuring optimal levels of trace minerals for growth and development. Moreover, organic mineral sources, such as yeast and plant-based extracts, are increasingly being adopted for sustainable animal feed production. These sources offer improved trace mineral absorption and bioavailability, particularly in ruminant feed, where iron bioavailability is a concern. Copper sulfate, a traditional mineral supplement, has been replaced by organic copper sources in many feed formulations due to concerns over toxicity and interaction with other minerals. Trace mineral premixes are also used to improve feed efficiency and ensure mineral balance in animal diets, avoiding deficiencies and minimizing the negative impact of mineral interaction. Trace mineral analysis in animal feed ingredients is essential to ensure the quality and consistency of mineral supplements. The effects of various mineral forms and their interactions on animal nutrition are complex and require careful consideration to optimize animal health and productivity. In conclusion, the market is a dynamic and evolving sector that plays a vital role in improving animal health, productivity, and sustainability. By focusing on mineral requirements for different animal species, optimizing mineral levels, and enhancing feed palatability with mineral supplements, the industry continues to innovate and meet the growing demand for high-quality, sustainable animal feed solutions.
What are the key market drivers leading to the rise in the adoption of Organic Trace Minerals For Animal Feed Industry?
- The significance of traceable animal health benefits is the primary catalyst driving the market's growth.
- Organic trace minerals are essential nutrients for animals, contributing to their metabolic health and supporting enzymatic reactions. A deficiency in these minerals can result in reduced feed efficiency, disease outbreaks, and inefficient growth. Cobalt, for instance, plays a crucial role in Vitamin B12 synthesis and enzyme activation, preventing loss of appetite, enhancing hatchability, and reducing embryo mortality. Copper, another vital trace mineral, is necessary for structural strength, the elasticity of connective tissues, and the maturation of erythrocytes and blood vessels.
- Copper deficiency can lead to anemia, an enlarged heart, and fragile bones. The organic trace minerals market is experiencing robust growth, with a recent study projecting a 12% increase in demand over the next five years. For instance, a poultry farm reported a 10% sales increase after incorporating a balanced organic trace mineral supplement into their feed formula.
What are the market trends shaping the Organic Trace Minerals For Animal Feed Industry?
- The use of water-soluble organic feed additives is becoming more prevalent in the market. This emerging trend prioritizes these additives over traditional ones due to their effectiveness and environmental sustainability.
- The global organic trace minerals market for animal feed exhibits a significant trend towards the adoption of water-soluble, natural feed-added substances. These substances, which include multivitamins and organic trace minerals, are integral to water-solvent natural feeds. These feeds contribute significantly to livestock development and profitability due to their easy digestibility, quick absorption, and higher bioavailability compared to dry feed-added substances. Organic trace minerals, which absorb metal chelates, offer versatility and cost-effectiveness. According to market research, the organic trace minerals market for animal feed is projected to expand at a robust pace. For instance, Tanke Biosciences, a leading Chinese manufacturer, has introduced a range of water-soluble organic trace mineral products, such as Mineral Premix for Piglet - QILIMIX I, Mineral Premix for Sow - QILIMIX II, Mineral Premix for Poultry - QILIMIX III, and Extra-Health (sow lactogenic powder).
- These products have gained popularity due to their high nutritional value and positive impact on animal health and productivity.
What challenges does the Organic Trace Minerals For Animal Feed Industry face during its growth?
- The expanding vegan population poses a significant challenge to the industry's growth trajectory.
- The market faces significant challenges due to the rising trend of veganism, particularly in regions such as the US, Australia, Germany, and India. Veganism, a lifestyle movement that involves abstaining from animal products, including those used in animal feed, is experiencing rapid growth. For instance, the number of vegans in the UK has surged by approximately 600% over the past three years. This trend is particularly prominent among the younger generation, with about 80% of the total vegan population in the UK falling within the age group of 15-34 years.
- The vegan population's expansion poses a substantial hurdle to market growth. According to industry reports, the global organic animal feed market is projected to grow by over 10% in the upcoming years, driven by increasing consumer awareness regarding animal welfare and health concerns.
Exclusive Customer Landscape
The organic trace minerals for animal feed market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the organic trace minerals for animal feed market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Key Companies & Market Insights
Companies are implementing various strategies, such as strategic alliances, organic trace minerals for animal feed market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
Alltech Inc. - The company specializes in providing organic trace minerals for animal feed, including the innovative product Bioplex High Five.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
- Alltech Inc.
- Archer Daniels Midland Co.
- Balchem Inc.
- BASF SE
- Biochem additives and product mbH
- Cargill Inc.
- Global Animal Products
- Kemin Industries Inc.
- Koninklijke DSM NV
- Mercer Milling Co. Inc.
- Norel SA
- Novus International Inc.
- Nutreco N.V.
- Phibro Animal Health Corp.
- Priya Chemicals
- QualiTech
- Simfa Labs Pvt. Ltd.
- Suboneyo Chemicals Pharmaceuticals P Ltd.
- Tanke Biosciences Corp
- Zinpro Corp.
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Recent Development and News in Organic Trace Minerals For Animal Feed Market
- In January 2024, Cargill, a leading international provider of animal nutrition solutions, announced the launch of its new organic trace minerals product line, Ormco Organics, designed specifically for organic livestock production (Cargill press release). This expansion caters to the growing demand for organic animal feed and aligns with the increasing consumer preference for organic food products.
- In March 2024, Evonik, a global specialty chemicals company, and Nutriad, a leading feed additives manufacturer, entered into a strategic partnership to develop and commercialize organic trace minerals for animal nutrition (Evonik press release). This collaboration combines Evonik's expertise in organic minerals production with Nutriad's extensive knowledge of animal nutrition, aiming to create innovative solutions for the organic animal feed market.
- In May 2024, Lonza, a Swiss specialty ingredients supplier, completed the acquisition of the organic trace minerals business from BASF for an undisclosed amount (Lonza press release). This acquisition strengthens Lonza's position in the animal nutrition market and provides it with a broader portfolio of organic trace minerals for animal feed applications.
- In April 2025, the European Commission approved the use of organic trace minerals in animal feed, marking a significant regulatory milestone for the industry (European Commission press release). This approval allows for the use of these minerals in organic farming, ensuring that organic livestock production remains competitive and sustainable.
Research Analyst Overview
- The market for organic trace minerals in animal feed continues to evolve, driven by the increasing recognition of their essential role in animal nutrition and health. Trace element analysis plays a crucial part in ensuring optimal nutrition, regulatory compliance, and feed quality. The absorption rate of minerals is influenced by factors such as delivery system, mineral-vitamin interaction, and dosage optimization. For instance, a study revealed a 10% increase in productivity in broiler chickens fed with a mineral-vitamin premix. Industry growth is anticipated to reach 5% annually, with a focus on production sustainability, gut health, and cost-benefit analysis.
- Feed manufacturers prioritize bioavailability assessment, antioxidant activity, and microbial activity to enhance mineral content and supplement efficacy. Sustainable feed practices, such as the use of mineral-rich plant sources and efficient ingredient sourcing, are also gaining traction. The integration of digestive enzymes and quality control measures further enhances the efficacy of organic trace minerals in animal feed.
Dive into Technavio's robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Organic Trace Minerals For Animal Feed Market insights. See full methodology.
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Market Scope |
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Report Coverage |
Details |
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Page number |
175 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 10.44% |
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Market growth 2024-2028 |
USD 568.3 million |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
8.64 |
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Key countries |
US, UK, Canada, China, and Japan |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
What are the Key Data Covered in this Organic Trace Minerals For Animal Feed Market Research and Growth Report?
- CAGR of the Organic Trace Minerals For Animal Feed industry during the forecast period
- Detailed information on factors that will drive the growth and forecasting between 2024 and 2028
- Precise estimation of the size of the market and its contribution of the industry in focus to the parent market
- Accurate predictions about upcoming growth and trends and changes in consumer behaviour
- Growth of the market across North America, Europe, APAC, South America, and Middle East and Africa
- Thorough analysis of the market's competitive landscape and detailed information about companies
- Comprehensive analysis of factors that will challenge the organic trace minerals for animal feed market growth of industry companies
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