Global Animal Feed Organic Trace Minerals Market Size & Outlook
The animal feed organic trace minerals industry worldwide is expected to reach a projected revenue of US$ 917,365.1 thousand by 2030. A compound annual growth rate of 7.7% is expected of the worldwide animal feed organic trace minerals industry from 2024 to 2030.
Revenue, 2023 (US$K)
$546,511.8
Forecast, 2030 (US$K)
$917,365.1
CAGR, 2024 - 2030
7.7%
Report Coverage
Worldwide
Global animal feed organic trace minerals market, 2018-2030 (US$K)
Related Markets
Global animal feed organic trace minerals market highlights
- The global animal feed organic trace minerals market generated a revenue of USD 546,511.8 thousand in 2023 and is expected to reach USD 917,365.1 thousand by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7.7% by 2030.
- In terms of segment, zinc accounted for a revenue of USD 184,014.4 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, Germany is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 546,511.8 thousand |
| Market revenue in 2030 | USD 917,365.1 thousand |
| Growth rate | 7.7% (CAGR from 2023 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, Other Products |
Other key industry trends
- In terms of revenue, the North America accounted for 22.2% 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, Germany is the fastest growing regional market and is projected to reach USD 21,895.6 thousand by 2030.
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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 animal feed organic trace minerals market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to animal feed organic trace minerals market will help companies and investors design strategic landscapes.
zinc was the largest segment with a revenue share of 33.67% in 2023. Horizon Databook has segmented the Global animal feed organic trace minerals market based on zinc, iron, copper, selenium, other products covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Animal Feed Organic Trace Minerals Product Outlook (Revenue, USD Thousand, 2018-2030)
- Zinc
- Iron
- Copper
- Selenium
- Other Products
- Global Animal Feed Organic Trace Minerals Application Outlook (Revenue, USD Thousand, 2018-2030)
- Dairy Cattle
- Poultry
- Horses
- Pigs
- Other Applications
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Our clientele includes a mix of animal feed organic trace minerals market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global animal feed organic trace minerals market , including forecasts for subscribers. This global databook contains high-level insights into Global animal feed organic trace minerals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global animal feed organic trace minerals market statistics, by regions, 2018-2030 (US$K)
Top 10 countries: Animal feed organic trace minerals market size, 2023 (USD Thousand)
Top 10 countries: Animal feed organic trace minerals market size, 2023 (USD Thousand)
Global animal feed organic trace minerals market, by region, 2023 (US$K)
Related regional statistics
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