Global Animal Feed Organic Trace Minerals Market Size & Outlook

The animal feed organic trace minerals industry worldwide is expected to reach a projected revenue of US$ 917,365.1 thousand by 2030. A compound annual growth rate of 7.7% is expected of the worldwide animal feed organic trace minerals industry from 2024 to 2030.

Revenue, 2023 (US$K)
$546,511.8
Forecast, 2030 (US$K)
$917,365.1
CAGR, 2024 - 2030
7.7%
Report Coverage
Worldwide

Global animal feed organic trace minerals market highlights

  • The global animal feed organic trace minerals market generated a revenue of USD 546,511.8 thousand in 2023 and is expected to reach USD 917,365.1 thousand by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 7.7% by 2030.
  • In terms of segment, zinc accounted for a revenue of USD 184,014.4 thousand in 2023.
  • Zinc is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.
  • Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.


Global data book summary

Market revenue in 2023USD 546,511.8 thousand
Market revenue in 2030USD 917,365.1 thousand
Growth rate7.7% (CAGR from 2023 to 2030)
Largest segmentZinc
Fastest growing segmentZinc
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD thousand
Market segmentationZinc, Iron, Copper, Selenium, Other Products


Other key industry trends

  • In terms of revenue, the North America accounted for 22.2% of the global animal feed organic trace minerals market in 2023.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, Germany is the fastest growing regional market and is projected to reach USD 21,895.6 thousand by 2030.

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Animal Feed Organic Trace Minerals Market Scope

Animal feed organic trace minerals market segmentation & scope
Zinc
Iron
Copper
Selenium
Other Products
Dairy Cattle
Poultry
Horses
Pigs
Other Applications

Animal Feed Organic Trace Minerals Market Companies

Name Profile # Employees HQ Website

Global animal feed organic trace minerals market size, by regions, 2018-2030 (US$K)

Top 10 countries: Animal feed organic trace minerals market size, 2023 (US$K)

Global animal feed organic trace minerals market share, by product, 2023 & 2030 (%, US$K)

Animal Feed Organic Trace Minerals Market: Opportunity Assessment By Country

Global animal feed organic trace minerals market, by region, 2023 (US$K)

Global animal feed organic trace minerals market size, by regions, 2018-2030 (US$K)

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