Market revenue in 2023 | USD 8,917.6 thousand |
Market revenue in 2030 | USD 13,356.9 thousand |
Growth rate | 5.9% (CAGR from 2023 to 2030) |
Largest segment | Zinc |
Fastest growing segment | Zinc |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD thousand |
Market segmentation | Zinc, Iron, Copper, Selenium, Other Products |
Key market players worldwide | Alltech, Archer-Daniels Midland Co, Global Bio-chem Technology Group Co Ltd, Cargill, Kemin Industries, Mercer International Inc, Novus Holdings Ltd, Koninklijke DSM NV |
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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 37.6% in 2023. Horizon Databook has segmented the Mexico 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.
The Mexico animal feed organic trace minerals market is experiencing significant growth, due to the increasing demand for meat and dairy products, which, in turn, is driven by the growing population and rising income levels.
Key players in this market are focusing on innovative products that are efficient and environmentally sustainable. For example, companies like Alltech and Novus International are leading the way in providing organic trace minerals such as zinc, copper, manganese, and selenium.
The use of these advanced nutritional products in poultry, swine, and ruminant diets not only enhances animal health and productivity but also plays a crucial role in addressing consumer concerns about the quality and safety of meat and dairy products.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico animal feed organic trace minerals market , including forecasts for subscribers. This country databook contains high-level insights into Mexico animal feed organic trace minerals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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