Animal Feed Trace Minerals Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The animal feed trace minerals market size will be worth USD 816.74 billion by 2030, growing at 6.50% CAGR from 2025 to 2030, driven by growth in the poultry segment amid rising meat consumption and increasing nutritional standards. North America leads the market share, while Asia-Pacific is the fastest-growing region. Key industry players include Cargill, Kemin Industries, Inc., ADM, Novus International, Inc., and Alltech.

Animal Feed Trace Minerals Market Size

Animal Feed Trace Minerals Market Summary

Compare market size and growth of Animal Feed Trace Minerals Market with other markets in Animal Nutrition & Wellness Industry

Animal Feed Trace Minerals Market Analysis

The Animal Feed Trace Minerals Market size is estimated at USD 596.13 billion in 2025, and is expected to reach USD 816.74 billion by 2030, at a CAGR of 6.5% during the forecast period (2025-2030).

  • The global animal feed trace minerals market is expanding as livestock producers increasingly prioritize balanced nutrition to enhance animal health and productivity. Essential minerals such as zinc, iron, copper, and manganese play a critical role in growth, immunity, and reproduction, driving their incorporation into feed formulations.
  • The global livestock population continues to grow, with significant implications for the animal feed industry. As of 2023, the global cattle population reached approximately 1.57 billion heads, up from about 1.51 billion in 2021, according to USDA. In India, the livestock sector is thriving, with a cattle herd of 307.5 million heads in 2023, as reported by the U.S. Department of Agriculture. Meat production in India is projected to rise, driven by increasing demand for animal products.
  • Additionally, global meat consumption is projected to rise by 14% by 2030, according to FAO, fueled by population growth and shifting dietary habits. Optimized feed formulations with trace minerals are becoming essential to sustain livestock productivity and meet quality standards. These trends indicate increasing demand for animal feed, including trace minerals, which are essential for maintaining animal health and productivity. As the livestock industry expands, the demand for these additives is projected to drive growth in the animal feed trace minerals market.
  • Technological advancements are further shaping the market. Innovations in bioavailable mineral formulations improve nutrient absorption, while precision livestock farming enables targeted supplementation, enhancing feed efficiency and sustainability. Additionally, stricter regulatory frameworks are driving the adoption of safe and environmentally friendly mineral sources.
  • Growing consumer awareness, particularly in the Asia-Pacific region, is pushing the industry toward advanced nutrition solutions. As livestock production scales up to meet global protein demand, the focus remains on improving feed quality, enhancing animal health, and ensuring sustainable agricultural practices.

Animal Feed Trace Minerals Industry Overview

The animal feed trace elements market is fragmented and is dominated by several small and medium regional and local companies. The leading international companies in this market include Alltech, ADM, Cargill, Incorporated, Kemin Industries, Inc., and Novus International, Inc. The companies are increasingly expanding their market presence and getting involved in mergers and acquisitions to stay relevant and grow in the global market.

Animal Feed Trace Minerals Market Leaders

  1. Cargill, Incorporated

  2. Kemin Industries, Inc.

  3. ADM

  4. Novus International, Inc.

  5. Alltech

  6. *Disclaimer: Major Players sorted in no particular order
Need More Details on Market Players and Competiters?
Download PDF

Animal Feed Trace Minerals Market News

  • January 2024: Bimeda, Inc. introduced BOVitalize in the United States. BOVitalize is an oral vitamin and mineral supplement containing trace minerals, including selenium, copper, and zinc, for beef and dairy cows, bulls, and ruminating calves. The product complements existing nutrition programs by providing trace mineral fortification to support cattle productivity during stressful events such as calving, breeding, branding, weaning, transport, and processing, when nutrient bioavailability can be compromised.
  • June 2023: Avitech Nutrition, based in India, launched NanoSel, a trace mineral product for the animal feed industry. The product serves as a highly bioavailable, stable, and safe source of dietary Selenium. It enhances immune response, antioxidant defense, hormone metabolism, cell growth, and meat quality in animals.
  • March 2023: Trouw Nutrition, a company specializing in animal nutrition and feed additives, expanded its presence in the Indonesian animal nutrition market by introducing IntelliBond. Through this expansion, PT Trouw Nutrition Indonesia adopted the IntelliBond name to market trace mineral technology for poultry, swine, and ruminant industries.

Animal Feed Trace Minerals Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Increasing Meat Consumption across the Globe
    • 4.2.2 Technological Advancements and Product Innovations
    • 4.2.3 Rising Focus on Animal Health and Productivity
  • 4.3 Market Restraints
    • 4.3.1 Fluctuation in the Prices of Feed Minerals
    • 4.3.2 Limited Consumer Awareness of Feed Minerals in Animal Nutrition
  • 4.4 Industry Attractiveness - Porter's Five Force Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Mineral Type
    • 5.1.1 Zinc
    • 5.1.2 Iron
    • 5.1.3 Manganese
    • 5.1.4 Copper
    • 5.1.5 Others
  • 5.2 Livestock
    • 5.2.1 Ruminants
    • 5.2.2 Poultry
    • 5.2.3 Swine
    • 5.2.4 Others
  • 5.3 Source Type
    • 5.3.1 Organic
    • 5.3.2 Inorganic
  • 5.4 Geography
    • 5.4.1 North America
    • 5.4.1.1 United Sates
    • 5.4.1.2 Canada
    • 5.4.1.3 Mexico
    • 5.4.1.4 Rest of North America
    • 5.4.2 Europe
    • 5.4.2.1 Germany
    • 5.4.2.2 United Kingdom
    • 5.4.2.3 France
    • 5.4.2.4 Russia
    • 5.4.2.5 Spain
    • 5.4.2.6 Rest of Europe
    • 5.4.3 Asia Pacific
    • 5.4.3.1 China
    • 5.4.3.2 Japan
    • 5.4.3.3 India
    • 5.4.3.4 Australia
    • 5.4.3.5 Rest of Asia-Pacific
    • 5.4.4 South America
    • 5.4.4.1 Brazil
    • 5.4.4.2 Argentina
    • 5.4.4.3 Rest of South America
    • 5.4.5 Middle East and Africa
    • 5.4.5.1 Saudi Arabia
    • 5.4.5.2 South Africa
    • 5.4.5.3 Egypt
    • 5.4.5.4 Rest of Middle East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Share Analysis
  • 6.2 Most Adopted Strategies
  • 6.3 Company Profiles
    • 6.3.1 Alltech
    • 6.3.2 Phibro Animal Health Corporation
    • 6.3.3 ADM
    • 6.3.4 Cargill, Incorporated
    • 6.3.5 Kemin Industries, Inc.
    • 6.3.6 Novus International, Inc.
    • 6.3.7 Biochem
    • 6.3.8 Zinpro
    • 6.3.9 dsm-firmenich
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Animal Feed Trace Minerals Industry Segmentation

Trace minerals provide the essential nutrients animals need for metabolic functions such as growth and development, immunity, and reproduction. The Animal Feed Trace Minerals Market is segmented by Mineral Type (Zinc, Iron, Manganese, Copper, and Others), Livestock (Ruminants, Poultry, Swine, and Others), Source Type (Organic and Inorganic) and Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa). The report offers market size and forecasts in terms of value in USD for all of the above segments.

Mineral Type Zinc
Iron
Manganese
Copper
Others
Livestock Ruminants
Poultry
Swine
Others
Source Type Organic
Inorganic
Geography North America United Sates
Canada
Mexico
Rest of North America
Europe Germany
United Kingdom
France
Russia
Spain
Rest of Europe
Asia Pacific China
Japan
India
Australia
Rest of Asia-Pacific
South America Brazil
Argentina
Rest of South America
Middle East and Africa Saudi Arabia
South Africa
Egypt
Rest of Middle East and Africa
Need A Different Region or Segment?
Customize Now

Animal Feed Trace Minerals Market Research Faqs

How big is the Animal Feed Trace Minerals Market?

The Animal Feed Trace Minerals Market size is expected to reach USD 596.13 billion in 2025 and grow at a CAGR of 6.5% to reach USD 816.74 billion by 2030.

What is the current Animal Feed Trace Minerals Market size?

In 2025, the Animal Feed Trace Minerals Market size is expected to reach USD 596.13 billion.

Who are the key players in Animal Feed Trace Minerals Market?

Cargill, Incorporated, Kemin Industries, Inc., ADM, Novus International, Inc. and Alltech are the major companies operating in the Animal Feed Trace Minerals Market.

Which is the fastest growing region in Animal Feed Trace Minerals Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Animal Feed Trace Minerals Market?

In 2025, the North America accounts for the largest market share in Animal Feed Trace Minerals Market.

What years does this Animal Feed Trace Minerals Market cover, and what was the market size in 2024?

In 2024, the Animal Feed Trace Minerals Market size was estimated at USD 557.38 billion. The report covers the Animal Feed Trace Minerals Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Animal Feed Trace Minerals Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Animal Feed Trace Minerals Industry Report

Statistics for the 2025 Animal Feed Trace Minerals market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Animal Feed Trace Minerals analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Animal Feed Trace Minerals Market Report Snapshots

Animal Feed Trace Minerals Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)