Animal Feed Micronutrients Market By Type (Zinc, Iron, Manganese, Copper, Others), By Livestock (Ruminant, Poultry, Aqua, Swine, Equine, And Others) And By Region – Global Industry Analysis, Share, Size, Growth, Trends, And Forecasts (2018-2023)

Animal Feed Micronutrients Market By Type (Zinc, Iron, Manganese, Copper, Others), By Livestock (Ruminant, Poultry, Aqua, Swine, Equine, And Others) And By Region – Global Industry Analysis, Share, Size, Growth, Trends, And Forecasts (2018-2023)

ID: 1906 | Pages: 190 | April 2018 | Region: Global


Global Animal Feed Micronutrients Market was worth USD 1391.41 Million in 2018 and is expected to reach USD 1870.82 Million by 2023 with a CAGR of 6.1 %. The Animal Feed Micronutrients Market is observed to be developing at a significant pace, because of the rising populace resulting in rising demand for meat and an inclination of customers towards the healthy food, over the globe.

Animal Feed Micronutrients market incorporates minerals such as zinc, iron, magnesium, copper, and others utilized for Livestock. Animals require micronutrients in the appropriate amounts to improve lactation, development, and reproduction. Irregularity or insufficiencies may bring about suboptimal performance and poor health of the Animal. Micronutrients are the source of vitality, protein, minerals, and vitamins. They perform multifaceted functions in Animal production and growth and furthermore contribute in catalyst system operations.

Rising interest of owning pet animals, growing expenses on animal wellbeing and wellness combined with success of animal feed micronutrients in development and fertility of the animals are some of the major factors driving the animal feed micronutrients market. Furthermore, the rising demand for animal protein from milk and meat delivering cattle combined with recent illness epidemic in cattle is further driving the animal feed micronutrients market.

The critical dosage use of animal feed micronutrients and dearth of awareness about the advantages of micronutrients among uneducated and poor farmers are major factors restraining the animal feed micronutrients industry.

Based on different types of Animal Feed Micronutrients, Market is segmented into Zinc, Iron, Manganese, Copper, and Others. Based on use of Animal Feed Micronutrients by different livestock, Market is segmented into Ruminant, Poultry, Aqua, Swine, Equine and others.

Geographically, this market is further segmented in to North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. Asia-Pacific is the largest market because of its rapid economic growth and large population. Asia-Pacific is also the fastest growing region during the forecast period. Meanwhile, North America is growing at a substantial CAGR is likely to be the second largest market by the end of the forecast period.

Major companies operating in the global market include Archer Daniels Midland Company (ADM), Balchem Corp., Lallemand Inc, Alltech Inc., Cargill Inc., Novus International Inc., Kemin Industries Inc., Zinpro Corporation, Nutreco N.V. and Qualitech Inc.

1.Introduction                                  

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Type                              

                                5.1.1 Introduction           

                                5.1.2 Zinc            

                                5.1.3 Iron            

                                5.1.4 Manganese            

                                5.1.5  Copper    

                                5.1.6  Y-o-Y Growth Analysis, By Type    

                                5.1.7  Market Attractiveness Analysis, By Type  

                                5.1.8 Market Share Analysis, By Type     

                5.2 Livestock                     

                                5.2.1 Introduction           

                                5.2.2 Poultry      

                                5.2.3 Ruminant 

                                5.2.4 Aqua          

                                5.2.5 Swine        

                                5.2.6 Equine      

                                5.2.7 Y-o-Y Growth Analysis, By Livestock             

                                5.2.8  Market Attractiveness Analysis, By  Livestock         

                                5.2.9  Market Share Analysis, By  Livestock          

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Type

                                                6.1.3.3 By Livestock

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Type

                                                6.1.4.3 By Livestock

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Type

                                                6.1.5.3 By Livestock

                6.2 North America                          

                                6.1.1 Introduction           

                                6.1.2 United States         

                                6.1.3 Canada     

                6.3 Europe                         

                                6.2.1 Introduction           

                                6.2.2 U.K             

                                6.2.3 Spain         

                                6.2.4 Germany 

                                6.2.5 Italy            

                                6.2.6 France       

                6.4 Asia-Pacific                 

                                6.3.1 Introduction           

                                6.3.2 China         

                                6.3.3 India          

                                6.3.4 Japan         

                                6.3.5 Australia   

                                6.3.6 South Korea           

                6.5 Latin America                             

                                6.4.1 Introduction           

                                6.4.2 Brazil          

                                6.4.3 Argentina

                                6.4.4 Mexico     

                                6.4.5 Rest of Latin America          

                6.6 Middle East & Africa                               

                                6.5.1 Introduction           

                                6.5.2 Middle-East            

                                6.5.3 Africa         

7.Strategic Analysis                                        

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8.Market Leaders' Analysis                                         

                8.1 Archer Daniels Midland Company (ADM)                      

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Qualitech Inc.                            

                8.3 Kemin Industries Inc.                             

                8.4  Nutreco N.V.                            

                8.5 Zinpro Corporation                  

                8.6 Balchem Corp.                           

                8.7 Cargill Inc.                    

                8.8 Novus International Inc.                       

                8.9 Lallemand Inc                            

                8.10 Alltech Inc.                               

9.Competitive Landscape                                            

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10.Market Outlook and Investment Opportunities                                          

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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  1. Global Animal Feed Micronutrients Market By Region, From 2018-2023 ( USD Million )
  2. Global Animal Feed Micronutrients Market By Type, From 2018-2023 ( USD Million )
  3. Global Zinc Market By Region, From 2018-2023 ( USD Million )
  4. Global Iron Market By Region, From 2018-2023 ( USD Million )
  5. Global Manganese Market By Region, From 2018-2023 ( USD Million )
  6. Global Copper Market By Region, From 2018-2023 ( USD Million )
  7. Global Animal Feed Micronutrients Market By Livestock, From 2018-2023 ( USD Million )
  8. Global Ruminant Market By Region, From 2018-2023 ( USD Million )
  9. Global Poultry Market By Region, From 2018-2023 ( USD Million )
  10. Global Aqua Market By Region, From 2018-2023 ( USD Million )
  11. Global Swine Market By Region, From 2018-2023 ( USD Million )
  12. Global Equine Market By Region, From 2018-2023 ( USD Million )
  13. North America Animal Feed Micronutrients Market By Type, From 2018-2023 ( USD Million )
  14. North America Zinc Market By Region, From 2018-2023 ( USD Million )
  15. North America Iron Market By Region, From 2018-2023 ( USD Million )
  16. North America Manganese Market By Region, From 2018-2023 ( USD Million )
  17. North America Copper Market By Region, From 2018-2023 ( USD Million )
  18. North America Animal Feed Micronutrients Market By Livestock, From 2018-2023 ( USD Million )
  19. North America Ruminant Market By Region, From 2018-2023 ( USD Million )
  20. North America Poultry Market By Region, From 2018-2023 ( USD Million )
  21. North America Aqua Market By Region, From 2018-2023 ( USD Million )
  22. North America Swine Market By Region, From 2018-2023 ( USD Million )
  23. North America Equine Market By Region, From 2018-2023 ( USD Million )
  24. United States Animal Feed Micronutrients Market By Type, From 2018-2023 ( USD Million )
  25. United States Animal Feed Micronutrients Market By Livestock, From 2018-2023 ( USD Million )
  26. Canada Animal Feed Micronutrients Market By Type, From 2018-2023 ( USD Million )
  27. Canada Animal Feed Micronutrients Market By Livestock, From 2018-2023 ( USD Million )
  28. Europe Animal Feed Micronutrients Market By Type, From 2018-2023 ( USD Million )
  29. Europe Zinc Market By Region, From 2018-2023 ( USD Million )
  30. Europe Iron Market By Region, From 2018-2023 ( USD Million )
  31. Europe Manganese Market By Region, From 2018-2023 ( USD Million )
  32. Europe Copper Market By Region, From 2018-2023 ( USD Million )
  33. Europe Animal Feed Micronutrients Market By Livestock, From 2018-2023 ( USD Million )
  34. Europe Ruminant Market By Region, From 2018-2023 ( USD Million )
  35. Europe Poultry Market By Region, From 2018-2023 ( USD Million )
  36. Europe Aqua Market By Region, From 2018-2023 ( USD Million )
  37. Europe Swine Market By Region, From 2018-2023 ( USD Million )
  38. Europe Equine Market By Region, From 2018-2023 ( USD Million )
  39. U.K. Animal Feed Micronutrients Market By Type, From 2018-2023 ( USD Million )
  40. U.K. Animal Feed Micronutrients Market By Livestock, From 2018-2023 ( USD Million )
  41. Germany Animal Feed Micronutrients Market By Type, From 2018-2023 ( USD Million )
  42. Germany Animal Feed Micronutrients Market By Livestock, From 2018-2023 ( USD Million )
  43. France Animal Feed Micronutrients Market By Type, From 2018-2023 ( USD Million )
  44. France Animal Feed Micronutrients Market By Livestock, From 2018-2023 ( USD Million )
  45. Italy Animal Feed Micronutrients Market By Type, From 2018-2023 ( USD Million )
  46. Italy Animal Feed Micronutrients Market By Livestock, From 2018-2023 ( USD Million )
  47. Spain Animal Feed Micronutrients Market By Type, From 2018-2023 ( USD Million )
  48. Spain Animal Feed Micronutrients Market By Livestock, From 2018-2023 ( USD Million )
  49. Asia-Pacific Animal Feed Micronutrients Market By Type, From 2018-2023 ( USD Million )
  50. Asia-Pacific Zinc Market By Region, From 2018-2023 ( USD Million )
  51. Asia-Pacific Iron Market By Region, From 2018-2023 ( USD Million )
  52. Asia-Pacific Manganese Market By Region, From 2018-2023 ( USD Million )
  53. Asia-Pacific Copper Market By Region, From 2018-2023 ( USD Million )
  54. Asia-Pacific Animal Feed Micronutrients Market By Livestock, From 2018-2023 ( USD Million )
  55. Asia-Pacific Ruminant Market By Region, From 2018-2023 ( USD Million )
  56. Asia-Pacific Poultry Market By Region, From 2018-2023 ( USD Million )
  57. Asia-Pacific Aqua Market By Region, From 2018-2023 ( USD Million )
  58. Asia-Pacific Swine Market By Region, From 2018-2023 ( USD Million )
  59. Asia-Pacific Equine Market By Region, From 2018-2023 ( USD Million )
  60. Japan Animal Feed Micronutrients Market By Type, From 2018-2023 ( USD Million )
  61. Japan Animal Feed Micronutrients Market By Livestock, From 2018-2023 ( USD Million )
  62. China Animal Feed Micronutrients Market By Type, From 2018-2023 ( USD Million )
  63. China Animal Feed Micronutrients Market By Livestock, From 2018-2023 ( USD Million )
  64. India Animal Feed Micronutrients Market By Type, From 2018-2023 ( USD Million )
  65. India Animal Feed Micronutrients Market By Livestock, From 2018-2023 ( USD Million )
  66. Australia Animal Feed Micronutrients Market By Type, From 2018-2023 ( USD Million )
  67. Australia Animal Feed Micronutrients Market By Livestock, From 2018-2023 ( USD Million )
  68. South Korea Animal Feed Micronutrients Market By Type, From 2018-2023 ( USD Million )
  69. South Korea Animal Feed Micronutrients Market By Livestock, From 2018-2023 ( USD Million )
  70. Latin America Animal Feed Micronutrients Market By Type, From 2018-2023 ( USD Million )
  71. Latin America Zinc Market By Region, From 2018-2023 ( USD Million )
  72. Latin America Iron Market By Region, From 2018-2023 ( USD Million )
  73. Latin America Manganese Market By Region, From 2018-2023 ( USD Million )
  74. Latin America Copper Market By Region, From 2018-2023 ( USD Million )
  75. Latin America Animal Feed Micronutrients Market By Livestock, From 2018-2023 ( USD Million )
  76. Latin America Ruminant Market By Region, From 2018-2023 ( USD Million )
  77. Latin America Poultry Market By Region, From 2018-2023 ( USD Million )
  78. Latin America Aqua Market By Region, From 2018-2023 ( USD Million )
  79. Latin America Swine Market By Region, From 2018-2023 ( USD Million )
  80. Latin America Equine Market By Region, From 2018-2023 ( USD Million )
  81. Brazil Animal Feed Micronutrients Market By Type, From 2018-2023 ( USD Million )
  82. Brazil Animal Feed Micronutrients Market By Livestock, From 2018-2023 ( USD Million )
  83. Argentina Animal Feed Micronutrients Market By Type, From 2018-2023 ( USD Million )
  84. Argentina Animal Feed Micronutrients Market By Livestock, From 2018-2023 ( USD Million )
  85. Mexico Animal Feed Micronutrients Market By Type, From 2018-2023 ( USD Million )
  86. Mexico Animal Feed Micronutrients Market By Livestock, From 2018-2023 ( USD Million )
  87. Rest of Latin America Animal Feed Micronutrients Market By Type, From 2018-2023 ( USD Million )
  88. Rest of Latin America Animal Feed Micronutrients Market By Livestock, From 2018-2023 ( USD Million )
  89. Middle East & Africa Animal Feed Micronutrients Market By Type, From 2018-2023 ( USD Million )
  90. Middle East & Africa Zinc Market By Region, From 2018-2023 ( USD Million )
  91. Middle East & Africa Iron Market By Region, From 2018-2023 ( USD Million )
  92. Middle East & Africa Manganese Market By Region, From 2018-2023 ( USD Million )
  93. Middle East & Africa Copper Market By Region, From 2018-2023 ( USD Million )
  94. Middle East & Africa Animal Feed Micronutrients Market By Livestock, From 2018-2023 ( USD Million )
  95. Middle East & Africa Ruminant Market By Region, From 2018-2023 ( USD Million )
  96. Middle East & Africa Poultry Market By Region, From 2018-2023 ( USD Million )
  97. Middle East & Africa Aqua Market By Region, From 2018-2023 ( USD Million )
  98. Middle East & Africa Swine Market By Region, From 2018-2023 ( USD Million )
  99. Middle East & Africa Equine Market By Region, From 2018-2023 ( USD Million )
  100. Middle East Animal Feed Micronutrients Market By Type, From 2018-2023 ( USD Million )
  101. Middle East Animal Feed Micronutrients Market By Livestock, From 2018-2023 ( USD Million )
  102. Africa Animal Feed Micronutrients Market By Type, From 2018-2023 ( USD Million )
  103. Africa Animal Feed Micronutrients Market By Livestock, From 2018-2023 ( USD Million )
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