The global animal feed organic trace minerals market size is expected to reach USD 1,023.98 million by 2032, according to a new study by Polaris Market Research. The report “Animal Feed Organic Trace Minerals Market [By Product (Zinc, Iron, Copper, Selenium); By Application; By Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa)]: Market size & Forecast, 2023-2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The essential minerals, which are present in trace amounts in animal feed, are associated to organic compounds like polysaccharides and amino acids. Poultry, dairy cattle, horses, pigs, and end-use industries are just a few examples of where organic trace elements are used.
The increased use of organic trace minerals in animal feed is also attributed to the growing popularity of water-soluble natural feed additives, and expanding animal feed industries worldwide.
The market for animal feed trace minerals is primarily being driven by the rising demand for meat from animals that is mineral-rich. The consumers' top preferences for animal meat are high protein content and premium grade. Other factors contributing to the increased use of trace elements in animal feed include the rising popularity of water-soluble natural feed additives and expanding animal feed industries globally.
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The market is expected to increase as a result of the rising demand for trace organic minerals in animal feed brought on by worries about environmental contamination brought on by the extensive use of chemicals in agriculture. In addition, the use of copper to increase egg fertility and zinc and amino acids to reinforce chicken eggshells are fueling the market's expansion.
Animal Feed Organic Trace Minerals Market Report Highlights
Polaris Market Research has segmented Animal Feed Organic Trace Minerals Market report based on Product, application, and region:
Animal Feed Organic Trace Minerals, By Product Outlook (Revenue - USD Million, 2019-2032)
Animal Feed Organic Trace Minerals, By Application Outlook (Revenue - USD Million, 2019-2032)
Animal Feed Organic Trace Minerals, Regional Outlook (Revenue - USD Million, 2019-2032)