The Animal Feed Minerals Industry is projected to grow from USD 4.4 billion in 2024 to over USD 6.1 billion by 2034, with a CAGR of 3.9%. This growth is fueled by the increasing demand for high-quality animal products, driven by changing consumer preferences, rising disposable incomes, and the global push for improved livestock health and productivity.
There is a growing demand for minerals as animal feed because they help improve the development rate in calves, well utilization of engrossed nutrients, increase milk manufacture in animals, Improve reproductive productivity and reduce inter-calving period, Increase immunity status, Increase the productive life of animals, and Prevents metabolic illnesses such as milk fever, ketosis, haematuria which happen around calving period.
Mineral feeds are used in animal livestock for a variety of reasons, including muscular contraction, enzyme stimulation, bone growth, and preservation of acid/base pH in cattle bodies.
Key Drivers of Market Growth:
-
Mineral Benefits for Livestock: Min erals like magnesium, calcium, and zinc are essential for improving the health and productivity of animals. These minerals boost milk production, enhance immunity, and prevent metabolic diseases like milk fever.
-
Rising Protein Consumption: With the global shift toward protein-rich diets, there’s growing demand for meat, dairy, and eggs, particularly in regions like South Asia and the Asia-Pacific.
-
Dairy Farming: The dairy segment is a key consumer of feed minerals, as minerals like copper and selenium are crucial for enhancing milk quality and reproductive performance in cattle.
-
Growing Aquaculture and Meat Consumption: Increased global consumption of meat and fish has driven livestock and aquaculture producers to include more minerals like zinc and copper in feed for improved growth and health.
-
Sustainability and Efficiency: Minerals help optimize nutrient absorption and feed efficiency, which lowers feed costs, boosts productivity, and supports more sustainable farming practices.
“Rising consumer demand for high-quality, protein-rich animal products is driving the adoption of mineral-enriched feed in livestock farming. These feeds improve animal health, productivity, and product quality, which aligns with modern, sustainable farming practices and enhances profitability for producers.” Says Nandini Roy Choudhury Client Partner for Food & Beverages at Future Market Insights, Inc.
Country-wise Insights
|
Country |
Value (2034) |
|
United States |
USD 1.5 Billion |
|
Germany |
USD 0.7 Billion |
|
Japan |
USD 0.5 Billion |
|
China |
USD 1.2 Billion |
|
India |
USD 0.9 Billion |
Challenges Faced by the Animal feed minerals industry
The Animal Feed Minerals Industry faces several challenges that could potentially impact its growth and development. These challenges range from regulatory constraints to supply chain disruptions and shifts in consumer demand. Key challenges include:
1. Fluctuating Raw Material Prices
The cost of raw materials used in animal feed, such as minerals and additives, can vary significantly due to factors like global economic conditions, supply chain disruptions, and geopolitical issues. The volatility in prices can increase production costs for manufacturers, making it harder to maintain competitive pricing.
2. Stringent Regulatory Frameworks
Regulatory restrictions surrounding animal feed minerals differ across countries and regions, often making it difficult for manufacturers to standardize products globally. Strict food safety laws and compliance with feed additive regulations increase production complexity and cost. Additionally, the use of certain additives or minerals might be restricted due to environmental or health concerns.
3. Environmental Impact and Sustainability
The animal feed industry is under increasing pressure to adopt sustainable practices. The extraction and production of certain minerals, such as phosphorus, can lead to environmental degradation. This creates challenges in sourcing minerals sustainably while ensuring profitability. The industry also faces scrutiny regarding greenhouse gas emissions and resource depletion, pushing the need for more eco-friendly alternatives.
4. Consumer Shift Toward Plant-Based and Alternative Proteins
As consumers in certain markets increasingly turn to plant-based diets and alternative protein sources, there is a growing demand for animal-free and sustainable products. This trend threatens the demand for livestock and animal-based products, which in turn can affect the need for animal feed minerals.
5. Supply Chain Disruptions
The global supply chain for minerals is complex and susceptible to disruptions due to political instability, trade restrictions, natural disasters, or pandemics. Such disruptions can lead to shortages of critical minerals like zinc, copper, and selenium, negatively impacting production timelines and costs.
Prominent Drivers of the Animal feed minerals industry
The Animal Feed Minerals Industry is driven by rising global demand for livestock products, growing awareness of animal health, and the need for feed efficiency. Key factors include increased meat consumption in emerging markets, expansion of the poultry and aquaculture sectors, and technological advancements in mineral supplements. A focus on sustainable farming, government subsidies, and a shift toward organic feed additives also fuel growth. Additionally, concerns over animal welfare, disease prevention, and the expansion of industrial livestock farming contribute to the industry’s development, ensuring continued demand for mineral-enriched feed solutions.
Regional Insights:
-
United States: Expected to reach USD 1.5 billion by 2034, with a CAGR of 4.6%, driven by increasing livestock product demand and advancements in feed safety.
-
Germany: Projected to grow at a CAGR of 5.2%, with a focus on improving feed efficiency and gut health.
-
India: Estimated to grow at 10.7% CAGR, fueled by population growth and rising demand for animal-based protein, particularly in dairy and poultry sectors.
Key Market Segments:
-
Zinc Minerals: Zinc is essential for immunity, reproduction, and milk production, expected to account for 34.5% of the market in 2024, with a CAGR of 5.7%.
-
Dry Form: Dry-form feed minerals dominate the market due to their ease of handling, longer shelf life, and cost-effectiveness, accounting for 73.5% of the market share in 2024.
-
Dairy Animals: Dairy animals, particularly cows and buffaloes, have the highest consumption of feed minerals, projected to hold 35.5% of the market in 2024 with a CAGR of 5.2%.
In-Depth Market Analysis: A Complete Report
https://www.futuremarketinsights.com/reports/animal-feed-minerals-market
Competition Outlook
There are various key players in the industry such as Cargill Inc., Nutrco NV, Archer Daniels Midland Co., Alltech Inc., Mercer Milling Co. Inc., and Royal DSM NV these key players mainly focus on launching new products and product developments.
Owing to the various application possibilities of Animal feed minerals, key manufacturers are trying to churn out more areas of utilization of the product considering its extremely potent health benefits.
Brands strength also distinguish their animal feed mineral products by offering specialized ingredients, unique formulations, and exact benefits custom-made for different animal species. This strategy allows them to stand out in the market and meet specific requirements.
Many animal feed brands would adopt sustainable and eco-friendly practices to meet the rising demand for ecologically accountable products. They straight source ingredients from sustainable agriculture, and reduce and minimize waste water and energy consumption.
Recent Developments:
In 2022, Avitech Nutrition launched Performins which is a brand of organic trace mineral Performins derives through a distinct 4S advantage of Size, Solubility, Specificity, and Stability and is intended for improved bio-availability, absorption, and animal performance.
Performins has been launched in 4 variations including Performins Layer, Performins Broiler Performins Breeder, and Performins Dairy CMZ. It is existing in a 25 Kg HDPE bag. Performing represents the top result among various organic minerals available in the market.
Animal Feed Minerals Brands
-
Yara International (Bolifor®)
-
Phibro Animal Health
-
Zinpro Corp.
-
Royal DSM NV
-
Pancosma SA
-
Nutrco NV
-
Novus International Inc.
-
Mercer Milling Co. Inc.
-
Cargill Inc.
-
Tanke International Group
-
Biochem
-
ADM
-
Alltech Inc.
-
Kemin Industries Inc.
Key Segments of Market Report
By Mineral Type:
By Size, the segment has been categorized into Magnesium, Calcium, Phosphorus, Iron, Zinc, and Others (Copper, Potassium, etc.)
By Animal:
Different Animal types Dairy Animals (Goat, Buffalo, Cow, etc.), Poultry, and Swine, Aquaculture, Equine and Others (pets, small animals)
By Form:
Different Forms included Dry and Liquid
By Sales Channel:
Different sales channels which included Direct Sales, Indirect Sales, Modern Trade, Animal Feed Stores, Veterinary Clinics, and Online Retailers
By Region:
Industry analysis has been carried out in key countries of North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube