Animal Feed Micronutrients Market - Global Industry Analysis

Animal Feed Micronutrients Market Type (Iron, Zinc, Copper, and Manganese), and Livestock (Poultry, Ruminant, Swine, Equine, and Aqua): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026

Published Date: 09-Dec-2020 Category: Food & Beverage Report Format : PDF Pages: 110 Report Code: ZMR-794 Status : Published

According to the report published by Zion Market Research, global demand for Animal Feed Micronutrients market was valued at approximately USD 1,371.2 Million in 2019, and is expected to generate revenue of around USD 2,312.1 Million by end of 2026, growing at a CAGR of around 6.5% between 2020 and 2026.

Description

According to the report published by Zion Market Research, global demand for Animal Feed Micronutrients market was valued at approximately USD 1,371.2 Million in 2019, and is expected to generate revenue of around USD 2,312.1 Million by end of 2026, growing at a CAGR of around 6.5% between 2020 and 2026.

Global Animal Feed Micronutrients Market: Overview

Animal feed micronutrients are vital animal feed supplements used extensively for enhancing the quality of feed to boost the yield and overall animal health. Animal feed micronutrients demand is increasing as it propels the performance and has wide applications such as cure and prevention of diseases, growth promoter, for enhancing feed digestibility in animals, and for boosting reproduction rate. Owing to the rising urbanization and globalization, there has been a huge change in lifestyles of the consumers. To fulfill the daily requirement of nutrients in order to maintain their brisk lifestyle, the consumers have significantly increased the nutrient consumption. This has generated a huge demand for dairy and meat products globally, leading to a rise in the requirement for micronutrients in the animal feed..

Global Animal Feed Micronutrients Market: Growth Factors

The major factors propelling the growth of the global animal feed micronutrients market include the expanding middle-class population and increasing per capita income. Other factors propelling the global market growth include high spending on animal health and wellness and increasing awareness regarding protein-rich food benefits.

Global Animal Feed Micronutrients Market

Global Animal Feed Micronutrients Market: Segmentation

The global animal feed micronutrients market can be segmented based on type, livestock, and geography. The type segment of the global market is sub-segmented into iron, zinc, copper, and manganese. The livestock segment of the animal feed micronutrients market is divided into poultry, ruminant, swine, equine, and aqua.

Region-wise, the global market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Global Animal Feed Micronutrients Market: Regional Analysis

Asia Pacific is expected to grow at a fast pace in the animal feed micronutrients market in the near future. The growth of the market can be attributed to factors such as huge population base, increased economic growth, and increasing demand for meat protein. North America is anticipated to witness above average growth in the coming period owing to the increasing demand for meat. Latin America is assumed to grow remarkably in the animal feed micronutrients market due to rising demand for protein-rich food along with the rise in population. The European industry is expected to grow positively owing to the improving meat costs and increasing concerns related to food safety. North America is also assumed to grow at a substantial rate in the animal feed micronutrients market in the coming period.

Global Animal Feed Micronutrients Market: Competitive Players

Some main participants of the Animal Feed Micronutrients market are Cargill Inc., Lallemand Inc., Archer Daniels Midland Company, Alltech Inc., and Balchem Corp. The other key players in the global market are Novus International Inc., Kemin Industries Inc., Nutreco N.V., Zinpro Corporation, and Qualitech Inc., among others.

Animal Feed Micronutrients Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter No. 1 : Preface
    • 1.1. Report Description
  • Chapter No. 2 : Research Methodology
    • 2.1. Market Research Process
    • 2.2. Secondary Research
    • 2.3. Data Modeling
      • 2.3.1. Company Share Analysis Model
      • 2.3.2. Revenue-Based Models
    • 2.4. Primary Research
    • 2.5. Research Limitation
  • Chapter No. 3 : Executive Summary
    • 3.1. Global Animal Feed Micronutrients Market, Vulume (Kilo Tons) and Revenue (USD Million), 2016 - 2026
    • 3.2. Global Animal Feed Micronutrients Market: Snapshot
  • Chapter No. 4 : Animal Feed Micronutrients Market – Industry Analysis
    • 4.1. Introduction and Market Overview:
    • 4.2. Market Drivers
      • 4.2.1. Growing demand from aerospace & defense industry
      • 4.2.2. Growing automotive industry
    • 4.3. Restraints
      • 4.3.1. Rising cost of raw materials
    • 4.4. Opportunities
      • 4.4.1. Increase in offshore spending and potential of new oilfield discovery
    • 4.5. Porter’s Five Forces Analysis
    • 4.6. Key Mandates & Regulations
    • 4.7. SWOT Analysis
  • Chapter No. 5 : Investment Proposition Analysis
    • 5.1. Animal Feed Micronutrients Market Attractiveness, By Type
    • 5.2. Animal Feed Micronutrients Market Attractiveness, By Livestock
    • 5.3. Animal Feed Micronutrients Market Attractiveness, By Region
    • 5.4. Animal Feed Micronutrients Market Attractiveness, By Country
  • Chapter No. 6 : Competitive Landscape
    • 6.1. Company Market Share (%), 2016
    • 6.2. Company Market Share (%), 2017
    • 6.3. Company Market Share (%), 2018
    • 6.4. Company Market Share (%), 2019
    • 6.5. Company (Y-o-Y) Growth 2016-19 (%)
    • 6.6. Strategic Development
      • 6.6.1. Acquisitions & Mergers
      • 6.6.2. New Product Launch
      • 6.6.3. Agreements, Partnerships, Cullaborations, and Joint Ventures
      • 6.6.4. Research and Development, and Regional Expansion
  • Chapter No. 7 : Animal Feed Micronutrients Market – Type Segment Analysis
    • 7.1. Global Animal Feed Micronutrients Market: by Type
      • 7.1.1. Global Animal Feed Micronutrients Market Revenue Share (%), by Type, 2019 & 2026
      • 7.1.2. Global Animal Feed Micronutrients Market by Iron, Vulume (Kilo Tons) and Revenue (USD Million), 2016 – 2026
      • 7.1.3. Global Animal Feed Micronutrients Market by Zinc, Vulume (Kilo Tons) and Revenue (USD Million), 2016 – 2026
      • 7.1.4. Global Animal Feed Micronutrients Market by Copper, Vulume (Kilo Tons) and Revenue (USD Million), 2016 – 2026
      • 7.1.5. Global Animal Feed Micronutrients Market by Manganese, Vulume (Kilo Tons) and Revenue (USD Million), 2016 – 2026
      • 7.1.6. Global Animal Feed Micronutrients Market Analysis/ Overview – By Type
        • 7.1.6.1. Iron – Overview/ Analysis
        • 7.1.6.2. Zinc – Overview/ Analysis
        • 7.1.6.3. Copper – Overview/ Analysis
        • 7.1.6.4. Manganese – Overview/ Analysis
  • Chapter No. 8 : Animal Feed Micronutrients Market – Livestock Segment Analysis
    • 8.1. Global Animal Feed Micronutrients Market: by Livestock
      • 8.1.1. Global Animal Feed Micronutrients Market Revenue Share (%), by Livestock, 2019 & 2026
      • 8.1.2. Global Animal Feed Micronutrients Market by Poultry, Vulume (Kilo Tons) and Revenue (USD Million), 2016 – 2026
      • 8.1.3. Global Animal Feed Micronutrients Market by Ruminant, Vulume (Kilo Tons) and Revenue (USD Million), 2016 – 2026
      • 8.1.4. Global Animal Feed Micronutrients Market by Swine, Vulume (Kilo Tons) and Revenue (USD Million), 2016 – 2026
      • 8.1.5. Global Animal Feed Micronutrients Market by Equine, Vulume (Kilo Tons) and Revenue (USD Million), 2016 – 2026
      • 8.1.6. Global Animal Feed Micronutrients Market by Aqua, Vulume (Kilo Tons) and Revenue (USD Million), 2016 – 2026
      • 8.1.7. Global Animal Feed Micronutrients Market Analysis/ Overview – By Livestock
        • 8.1.7.1. Poultry – Overview/ Analysis
        • 8.1.7.2. Ruminant – Overview/ Analysis
        • 8.1.7.3. Swine – Overview/ Analysis
        • 8.1.7.4. Equine – Overview/ Analysis
        • 8.1.7.5. Aqua – Overview/ Analysis
  • Chapter No. 9 : Animal Feed Micronutrients Market – Regional Analysis
    • 9.1. Global Animal Feed Micronutrients Market: Regional Overview
      • 9.1.1. Global Animal Feed Micronutrients Market (USD Million) (Kilo Tons) 2016 – 2026
      • 9.1.1. Global Animal Feed Micronutrients Market Revenue (USD Million) 2016 – 2026
    • 9.2. North America Animal Feed Micronutrients Market
      • 9.2.1. Overview
      • 9.2.2. North America Animal Feed Micronutrients Market, (Kilo Tons) (USD Million) 2016 - 2026
      • 9.2.3. North America Animal Feed Micronutrients Market, Vulume (Kilo Tons) by Type, 2016 – 2026
      • 9.2.4. North America Animal Feed Micronutrients Market Revenue (USD Million) by Type, 2016 – 2026
      • 9.2.5. North America Animal Feed Micronutrients Market, Vulume (Kilo Tons) by Livestock, 2016 – 2026
      • 9.2.6. North America Animal Feed Micronutrients Market Revenue (USD Million) by Livestock, 2016 – 2026
      • 9.2.7. U.S.
      • 9.2.8. Canada
    • 9.3. Europe Animal Feed Micronutrients Market
      • 9.3.1. Overview
      • 9.3.2. Europe Animal Feed Micronutrients Market, (Kilo Tons) (USD Million) 2016 - 2026
      • 9.3.3. Europe Animal Feed Micronutrients Market, Vulume (Kilo Tons) by Type, 2016 – 2026
      • 9.3.4. Europe Animal Feed Micronutrients Market Revenue (USD Million) by Type, 2016 – 2026
      • 9.3.5. Europe Animal Feed Micronutrients Market, Vulume (Kilo Tons) by Livestock, 2016 – 2026
      • 9.3.6. Europe Animal Feed Micronutrients Market Revenue (USD Million) by Livestock, 2016 – 2026
      • 9.3.7. Germany
      • 9.3.8. France
      • 9.3.9. U.K.
      • 9.3.10. Italy
      • 9.3.11. Spain
      • 9.3.12. Rest of Europe
    • 9.4. Asia Pacific Animal Feed Micronutrients Market
      • 9.4.1. Overview
      • 9.4.2. Asia Pacific Animal Feed Micronutrients Market, (Kilo Tons) (USD Million) 2016 - 2026
      • 9.4.3. Asia Pacific Animal Feed Micronutrients Market, Vulume (Kilo Tons) by Type, 2016 – 2026
      • 9.4.4. Asia Pacific Animal Feed Micronutrients Market Revenue (USD Million) by Type, 2016 – 2026
      • 9.4.5. Asia Pacific Animal Feed Micronutrients Market, Vulume (Kilo Tons) by Livestock, 2016 – 2026
      • 9.4.6. Asia Pacific Animal Feed Micronutrients Market Revenue (USD Million) by Livestock, 2016 – 2026
      • 9.4.7. China
      • 9.4.8. Japan
      • 9.4.9. India
      • 9.4.10. South Korea
      • 9.4.11. South-East Asia
      • 9.4.12. Rest of Asia Pacific
    • 9.5. Latin America Animal Feed Micronutrients Market
      • 9.5.1. Overview
      • 9.5.2. Latin America Animal Feed Micronutrients Market, (Kilo Tons) (USD Million) 2016 - 2026
      • 9.5.3. Latin America Animal Feed Micronutrients Market, Vulume (Kilo Tons) by Type, 2016 – 2026
      • 9.5.4. Latin America Animal Feed Micronutrients Market Revenue (USD Million) by Type, 2016 – 2026
      • 9.5.5. Latin America Animal Feed Micronutrients Market, Vulume (Kilo Tons) by Livestock, 2016 – 2026
      • 9.5.6. Latin America Animal Feed Micronutrients Market Revenue (USD Million) by Livestock, 2016 – 2026
      • 9.5.7. Brazil
      • 9.5.8. Mexico
      • 9.5.9. Rest of Latin America
    • 9.6. The Middle-East and Africa Animal Feed Micronutrients Market
      • 9.6.1. Overview
      • 9.6.2. The Middle-East and Africa Animal Feed Micronutrients Market, (Kilo Tons) (USD Million) 2016 - 2026
      • 9.6.3. The Middle-East and Africa Animal Feed Micronutrients Market, Vulume (Kilo Tons) by Type, 2016 – 2026
      • 9.6.4. The Middle-East and Africa Animal Feed Micronutrients Market Revenue (USD Million) by Type, 2016 – 2026
      • 9.6.5. The Middle-East and Africa Animal Feed Micronutrients Market, Vulume (Kilo Tons) by Livestock, 2016 – 2026
      • 9.6.6. The Middle-East and Africa Animal Feed Micronutrients Market Revenue (USD Million) by Livestock, 2016 – 2026
      • 9.6.7. GCC Countries
      • 9.6.8. South Africa
      • 9.6.9. Rest of Middle-East Africa
  • Chapter No. 10 : Company Profiles
    • 10.1. Cargill Inc.
    • 10.2. Lallemand Inc.
    • 10.3. Archer Daniels Midland Company
    • 10.4. Alltech Inc.
    • 10.5. Balchem Corp
    • 10.6. Novus International Inc.
    • 10.7. Kemin Industries Inc.
    • 10.8. Nutreco N.V.
    • 10.9. Zinpro Corporation
    • 10.10. Qualitech Inc.
    • 10.11. Others
  • Chapter No. 11 : Animal Feed Micronutrients Market – Premium Insights
    • 11.1. Premium Insights from Primary Respondents
      • 11.1.1. Primary Respondent 1
      • 11.1.2. Primary Respondent 2
      • 11.1.3. Primary Respondent 3
      • 11.1.4. Primary Respondent 4

Table Of Figures

List of Figures 

FIG NO. 1 Research Methodology
FIG NO. 2 Market Research Process
FIG NO. 3 Secondary Research
FIG NO. 4 Company Share Analysis Model
FIG NO. 5 Revenue Based Model
FIG NO. 6 Primary Research
FIG NO. 7 Global Animal Feed Micronutrients Market, Volume (Kilo Tons) and Revenue (USD Million), 2016 - 2026
FIG NO. 8 Porter’s Five Forces Analysis for Global Animal Feed Micronutrients Market
FIG NO. 9 Global Animal Feed Micronutrients Market Revenue Share (%) by Product, 2019 & 2026
FIG NO. 10 Global Animal Feed Micronutrients Market by Iron, Volume (Kilo Tons) and Revenue (USD Million), 2016 – 2026
FIG NO. 11 Global Animal Feed Micronutrients Market by Zinc, Volume (Kilo Tons) and Revenue (USD Million), 2016 – 2026
FIG NO. 12 Global Animal Feed Micronutrients Market by Copper, Volume (Kilo Tons) and Revenue (USD Million), 2016 – 2026
FIG NO. 13 Global Animal Feed Micronutrients Market by Manganese, Volume (Kilo Tons) and Revenue (USD Million), 2016 – 2026
FIG NO. 14 Global Animal Feed Micronutrients Market Revenue Share (%) by Product, 2019 & 2026
FIG NO. 15 Global Animal Feed Micronutrients Market by Poultry, Volume (Kilo Tons) and Revenue (USD Million), 2016 – 2026
FIG NO. 16 Global Animal Feed Micronutrients Market by Ruminant, Volume (Kilo Tons) and Revenue (USD Million), 2016 – 2026
FIG NO. 17 Global Animal Feed Micronutrients Market by Swine, Volume (Kilo Tons) and Revenue (USD Million), 2016 – 2026
FIG NO. 18 Global Animal Feed Micronutrients Market by Equine, Volume (Kilo Tons) and Revenue (USD Million), 2016 – 2026
FIG NO. 19 Global Animal Feed Micronutrients Market by Aqua, Volume (Kilo Tons) and Revenue (USD Million), 2016 – 2026
FIG NO. 20 North America Animal Feed Micronutrients Market, (Kilo Tons), (USD Million) 2016 - 2026
FIG NO. 21 Europe Animal Feed Micronutrients Market, (Kilo Tons), (USD Million) 2016 - 2026
FIG NO. 22 Asia Pacific Animal Feed Micronutrients Market, (Kilo Tons), (USD Million) 2016 - 2026
FIG NO. 23 Latin America Animal Feed Micronutrients Market, (Kilo Tons), (USD Million) 2016 - 2026
FIG NO. 24 The Middle-East and Africa Animal Feed Micronutrients Market, (Kilo Tons), (USD Million) 2016 - 2026
 


Table Of Tables

List of Tables

TABLE 1 Global Animal Feed Micronutrients Market: Snapshot
TABLE 2 Drivers of the Animal Feed Micronutrients Market: Impact Analysis
TABLE 3 Restraints for the Animal Feed Micronutrients Market: Impact Analysis
TABLE 4 Global Animal Feed Micronutrients Market Revenue (USD Million) (Kilo Tons), 2016 – 2026
TABLE 5 Global Animal Feed Micronutrients Market Revenue (USD Million), 2016 – 2026
TABLE 5   North America Animal Feed Micronutrients Market, Volume (Kilo Tons)  by Type, 2016 – 2026
TABLE 6 North America Animal Feed Micronutrients Market Revenue (USD Million) by Type, 2016 – 2026
TABLE 7 North America Animal Feed Micronutrients Market, Volume (Kilo Tons)  by Livestock, 2016 – 2026
TABLE 8 North America Animal Feed Micronutrients Market Revenue (USD Million) by Livestock, 2016 – 2026
TABLE 9 Europe Animal Feed Micronutrients Market, Volume (Kilo Tons)  by Type, 2016 – 2026
TABLE 10 Europe Animal Feed Micronutrients Market Revenue (USD Million) by Type, 2016 – 2026
TABLE 11 Europe Animal Feed Micronutrients Market, Volume (Kilo Tons)  by Livestock, 2016 – 2026
TABLE 12 Europe Animal Feed Micronutrients Market Revenue (USD Million) by Livestock, 2016 – 2026
TABLE 13 Asia Pacific Animal Feed Micronutrients Market, Volume (Kilo Tons)  by Type, 2016 – 2026
TABLE 14 Asia Pacific Animal Feed Micronutrients Market Revenue (USD Million) by Type, 2016 – 2026
TABLE 15 Asia Pacific Animal Feed Micronutrients Market, Volume (Kilo Tons)  by Livestock, 2016 – 2026
TABLE 16 Asia Pacific Animal Feed Micronutrients Market Revenue (USD Million) by Livestock, 2016 – 2026
TABLE 17 Latin America Animal Feed Micronutrients Market, Volume (Kilo Tons)  by Type, 2016 – 2026
TABLE 18 Latin America Animal Feed Micronutrients Market Revenue (USD Million) by Type, 2016 – 2026
TABLE 19 Latin America Animal Feed Micronutrients Market, Volume (Kilo Tons)  by Livestock, 2016 – 2026
TABLE 20  Latin America Animal Feed Micronutrients Market Revenue (USD Million) by Livestock, 2016 – 2026
TABLE 21 The Middle-East and Africa Animal Feed Micronutrients Market, Volume (Kilo Tons)  by Type, 2016 – 2026
TABLE 22 The Middle-East and Africa Animal Feed Micronutrients Market Revenue (USD Million) by Type, 2016 – 2026
TABLE 23 The Middle-East and Africa Animal Feed Micronutrients Market, Volume (Kilo Tons)  by Livestock, 2016 – 2026
TABLE 24 The Middle-East and Africa Animal Feed Micronutrients Market Revenue (USD Million) by Livestock, 2016 – 2026

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FrequentlyAsked Questions

The major factors propelling the growth of the global animal feed micronutrients market include the expanding middle-class population and increasing per capita income. Other factors propelling the global market growth include high spending on animal health and wellness and increasing awareness regarding protein-rich food benefits.

According to Zion Market Research, global demand for Animal Feed Micronutrients market is expected to generate revenue of around USD 2,312.1 Million by end of 2026, growing at a CAGR of around 6.5% between 2020 and 2026.

Asia Pacific is expected to grow at a fast pace in the animal feed micronutrients market in the near future. The growth of the market can be attributed to factors such as huge population base, increased economic growth, and increasing demand for meat protein.

Some main participants of the Animal Feed Micronutrients market are Cargill Inc., Lallemand Inc., Archer Daniels Midland Company, Alltech Inc., and Balchem Corp. The other key players in the global market are Novus International Inc., Kemin Industries Inc., Nutreco N.V., Zinpro Corporation, and Qualitech Inc., among others.

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