North America Animal Feed Micronutrients Market Size, Share, Trends & Growth Forecast Report, Segmented By Type, Livestock, and By Country (The U.S, Canada, Rest of North America), Industry Analysis From (2025 to 2033)

Updated On: June, 2024
ID: 1819
Pages: 145

North America Animal Feed Micronutrients Market Size

The North American animal feed micronutrient market was valued at USD 498.60 million in 2024 and is anticipated to reach USD 527.52 million in 2025 from USD 828.18 million by 2033, growing at a CAGR of 5.8% during the forecast period from 2025 to 2033.

The North American animal feed micronutrient market is increasing at a tremendous pace because of its large population and increasing economies in developing countries.

Animal feed micronutrients are important animal feed additives for improving animal feed quality to produce high-quality animal products like milk, wool, etc., and also for the good health of pet animals. Animal feed micronutrients are becoming famous essentially because of their greater performance and growing applications, for example, development promoter, prevention, and cure of illnesses, amplifying reproduction rate, and for improving feed digestibility in animals.

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

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

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2024 to 2033

Base Year

2024

Forecast Period

2025 to 2033

CAGR

6.80%

Segments Covered

By Type, Livestock, and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities

Regions Covered

The US, Canada, and the Rest of North America

Market Leaders Profiled

aniels 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.

 

KEY MARKET PLAYERS

Major companies operating in the North America 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.

MARKET SEGMENTATION

This research report on the North American animal feed micronutrient market is segmented and sub-segmented into the following categories.

By Type

  • Zinc
  • Iron
  • Manganese
  • Copper

By Livestock

  • Ruminant
  • Poultry
  • Aqua
  • Swine
  • Equine

COUNTRY ANALYSIS

  • The U.S
  • Canada
  • Mexico
  • Rest of North America

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