How big is the Animal Feed Trace Minerals Market?

The Animal Feed Trace Minerals Market size is expected to reach USD 562.12 billion in 2024 and grow at a CAGR of 6.5% to reach USD 770.15 billion by 2029. Read More

What is the current Animal Feed Trace Minerals Market size?

In 2024, the Animal Feed Trace Minerals Market size is expected to reach USD 562.12 billion. Read More

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

Altech, Archer Daniels Midland Company, Cargill, Incorporated, Kemin Industries, Inc. and NOVUS INTERNATIONAL are the major companies operating in the Animal Feed Trace Minerals Market. Read More

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 (2024-2029). Read More

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

In 2024, the North America accounts for the largest market share in Animal Feed Trace Minerals Market. Read More

What years does this Animal Feed Trace Minerals Market cover, and what was the market size in 2023?

In 2023, the Animal Feed Trace Minerals Market size was estimated at USD 527.81 billion. The report covers the Animal Feed Trace Minerals Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Animal Feed Trace Minerals Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Animal Feed Trace Minerals Market Share

Statistics for the 2023 & 2024 Animal Feed Trace Minerals market share, created by Mordor Intelligence™ Industry Reports. Animal Feed Trace Minerals share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Animal Feed Trace Minerals Industry

The global 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, Archer Daniels Midland Company, Cargill, Kemin Industries, and Novus International. The companies are increasingly expanding their market presence and getting involved in mergers and acquisitions to stay relevant and grow in the global market. For example, Kemin Industries opened an innovation and technology center in China making an investment of USD 14.2 million in 2019. In 2018, the company had also acquired Canadian company and its long-time distributor Agri-Marketing Corp. Agri-Marketing, to expand its presence in the country.