Global Animal Feed Organic Trace Minerals Market Size & Outlook
The global animal feed organic trace minerals market size was estimated at USD 749.5 thousand in 2023 and is projected to reach USD 1,244.6 thousand by 2030, growing at a CAGR of 7.8% from 2024 to 2030.
Revenue, 2023 (US$K)
$749.5
Forecast, 2030 (US$K)
$1,244.6
CAGR, 2024 - 2030
7.8%
Report Coverage
Worldwide
Global animal feed organic trace minerals market, 2018-2030 (US$K)
Related Markets
Global animal feed organic trace minerals market highlights
- The global animal feed organic trace minerals market generated a revenue of USD 749.5 thousand in 2023 and is expected to reach USD 1,244.6 thousand by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7.8% by 2030.
- In terms of segment, zinc accounted for a revenue of USD 262.2 thousand in 2023.
- Zinc is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Spain is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 749.5 thousand |
| Market revenue in 2030 | USD 1,244.6 thousand |
| Growth rate | 7.8% (CAGR from 2024 to 2030) |
| Largest segment | Zinc |
| Fastest growing segment | Zinc |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD thousand |
| Market segmentation | Zinc, Iron, Copper, Selenium, Others Product |
Other key industry trends
- In terms of revenue, the North America accounted for 24.3% of the global animal feed organic trace minerals market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Spain is the fastest growing regional market and is projected to reach USD 33.2 thousand by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Animal Feed Organic Trace Minerals Market Scope
Animal feed organic trace minerals market segmentation & scope
Animal Feed Organic Trace Minerals Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Global Bio-chem Technology Group Co Ltd | View profile | 2154 | 18 Hung Luen Road, Suite 1002, 10th Floor, Tower A, Cheung Kei Center, Hong Kong, Hong Kong | http://www.globalbiochem.com |
| Novus Holdings Ltd | View profile | 1516 | 10 Freedom Way, Marconi Beam, Montague Gardens, Cape Town, WC, South Africa, 7441 | https://www.novus.holdings |
| Kemin Industries | View profile | 1001-5000 | Des Moines, Iowa, United States, North America | http://www.kemin.com |
| Alltech | View profile | 5001-10000 | Nicholasville, Kentucky, United States, North America | http://www.alltech.com/ |
| Cargill | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | http://www.cargill.com |
| Archer-Daniels Midland Co | View profile | 41802 | 77 West Wacker Drive, Suite 4600, Chicago, IL, United States, 60601 | https://www.adm.com |
| Mercer International Inc | View profile | 3508 | 700 West Pender Street, Suite 1120, Vancouver, BC, Canada, V6C 1G8 | https://www.mercerint.com |
| Koninklijke DSM NV | View profile | 20682 | Het Overloon 1, P.O. Box 6500, Heerlen, LI, Netherlands, 6411 TE | https://www.dsm.com |
Global animal feed organic trace minerals market size, by regions, 2018-2030 (US$K)
Top 10 countries: Animal feed organic trace minerals market size, 2023 (US$K)
Global animal feed organic trace minerals market share, by product, 2023 & 2030 (%, US$K)
Animal feed organic trace minerals market: Opportunity assessment by country
Global animal feed organic trace minerals market, by region, 2023 (US$K)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
