Organic Trace Minerals Market Key Highlights:
- Market Size (2024): USD 945 Million
- Projected Market Size (2034): USD 1791 Million
- CAGR (2024-2034): 6.6%
Pricing Analysis:
- Price Growth
- Regional Variations
Market Historic Sales
- Total sales volume, year-over-year growth, product categories, and market share.
Revenue Estimation
- Forecasting future revenues based on historical data, market trends, and economic indicators.
Sales by Region
- Breakdown of sales performance across different geographical areas.
Revenue by Manufacturer
- Analysis of revenue contributions from different manufacturers in the market.
Organic Trace Minerals Market Definition
Organic trace minerals are essential minerals that are bound to organic molecules like amino acids and peptides. This bonding is also called Chelation which further improves stability and digestibility of the minerals, which makes it easy to be absorbed by the body. These minerals incorporate Zinc, Copper, Manganese, Iron, Selenium, and Chromium. This is important for high performance animals, which ensures better growth, disease resistance and productivity. The immunity has been increased notably in the livestock's after consuming these minerals along with metabolic efficiency, further fueling the growth of the organic trace minerals market.
As the more awareness about micronutrients and their benefits is increasing, more people are looking for such solutions to solve nutritional deficiency. These supplements support overall health by absorbing the minerals properly.
However, the increasing incidence of animal diseases is posing a significant hindrance to the growth of the animal feed organic trace minerals market. Outbreaks of diseases, such as African swine fever, influenza, and foot-and-mouth disease, can lead to substantial losses in livestock populations, is the major restraining factor for the market. Although, opportunities like personalized solutions and diet for livestock propelling the organic trace minerals market.
Organic Trace Minerals Market Segmentation:
By Mineral Type
- Zinc
- Copper
- Manganese
- Iron
- Selenium
- Chromium
- Others
By Application Type
- Animal Feed
- Human Nutrition
By Form
- Powder
- Liquid
- Premixes
- Granules
- Bolus
By End User
- Commercial Feed Manufacturers
- Individual Farmers & Ranchers
- Veterinary Use
- Animal Supplements Producers
- Dietary Supplements & Fortified Food Manufacturers
Organic Trace Minerals Market Companies:
- Zinpro Corporation
- Alltech Inc.
- Trouw Nutrition
- Kemin Industries
- Novus International, Inc.
- Balchem Corporation
- DSM Nutritional Products
- Phibro Animal Health Corporation
- ADM Animal Nutrition
- BASF SE
- Vitamins China
- Bluestar Adisseo Company
- Nutreco N.V.
- Pancosma S.A.
- Solgar, Inc.
- NOW Foods
- Garden of Life
- Thorne Research
- Pure Encapsulations
- Metagenics
- Bluebonnet Nutrition
- MegaFood
- Nature’s Bounty
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Organic Trace Minerals Market Key Highlights:
