Feed Micronutrients Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2019 to 2027

Published on : Jan-2020 | List of Tables : 81 | List of Figures : 72 | No. of Pages : 170 | Report Code : FACT4488MR | Format :

Increased Spending on Animal Health Creating Revenue Streams for Feed Micronutrients

The global feed micronutrients market is estimated to grow at a healthy CAGR of over 6% during the forecast period (2019-2027) and reach a valuation of over US$ 2.5 Bn on the back of growing focus on sustainability of animal nutrition products in developed as well as developing regions. During the last few years, the global market for animal feed micronutrients has undergone a major transition in terms of quality control and demand.

Increasing emphasis on farm animal immunity along with evolving flavor variants is expected to create remunerative incremental opportunities in the feed micronutrients sector. Over the last decade, the total population has increased dramatically across key areas, leading to increased consumption of poultry, meat, milk and dairy products. Growing demand for meat and dairy products is projected to grow steadily over the forecast period, which is expected to give demand for feed micronutrients an uptick. The major factors driving the growth of the global market for feed micronutrients includes the growing livestock production and increasing per capita income.

Increasing Emphasis on Vitamins Drives Productivity

During the forecast period, the vitamins segment is expected to grow at a healthy CAGR of 6.5%. Demand is expected to increase the need for vitamins to boost immunity, metabolism weight, and reproductive efficiency in animals. The increasing demand for antioxidants in feed micronutrients will further proliferate the overall size of the feed micronutrient industry. Amplifying demand for quality meat, increasing concerns around health and disease outbreaks in livestock are likely to boost the rate of adoption of the product. In addition, factors such as increased demand for dairy products and heightened interest in pet ownership and performance of feed micronutrients would play a pivotal role for growth in the segment.

Market in APAC to See Rapid Growth, Manufacturers’ Cashing in on Demand for Meat Protein

Asia Pacific is expected to grow rapidly with a CAGR of over 8.5% during the forecast period on the back of growing demand for feed micronutrients. Market growth can be attributed to factors such as massive population base, increased economic growth, and increased meat protein demand. Demand for meat-based food products is being witnessed across major economies such as China, India and Japan. The growing demand for feed micronutrients in the agricultural sector is motivated by the rising awareness of sophisticated methods of animal husbandry and the reduction of livestock production schedules. The surge in food supply in feed micronutrients is also profoundly triggered by the growing population worldwide, where dairy and poultry products are increasingly in need.

feed micronutrients market 01

For insightful analysis of key regions in feed micronutrients market, request for a free report sample here

Mergers& Acquisitions to be Intuitive Tools for Competitive Advantages

The global feed micronutrients market is moderately consolidated with few multinational conglomerates such as Tanke Biosciences Corporation, Vamso Biotec Pvt. Ltd., Archer Daniels Midland and Pancosma SA occupying the largest shares. Emerging players on the market for feed micronutrients face various constraints, such as increased regulations, higher production costs and low consumer awareness.

In September, 2018, Micronutrients USA and Kemin Industries partnered to introduce “IntelliBond VITAL”, the world's first nutrition package to support the well-being and performance of dairy and beef cattle, containing six essential trace minerals.

Key players involved in the feed micronutrients market are rigorously investing in the development and launches of new products to gain a competitive advantage and expand their consumer base. Mergers & acquisitions along with diversification of product portfolios are key business strategies implemented by participants in the feed micronutrients industry.

feed micronutrients market 02

For in-depth insights on the competition landscape of the feed micronutrients market, ask an analyst here

Global Feed Micronutrients Market - Scope of the Report

The following report provides forecast and analysis of the global feed micronutrients market along with the historical data of 2013, estimated data 2019 and forecast data up to 2027 in terms of revenue (US$ Mn) and volume (Kilo Tons), according to a Fact.MR study. The research propounds critical trends that are currently influencing growth within the global feed micronutrients market along with several macro-economic indicators. This newly published and insightful report on feed micronutrients sheds light on key dynamics, and their impact on the overall value chain from suppliers to end-users, which are expected to transform the future of the global feed micronutrients market.

The report also comprises the study of current issues with end users and opportunities for feed micronutrients. It also contains value chain analysis, including the key market participants. To provide users of this report with a comprehensive view of the market, we have included a detailed competitive analysis about the key players involved in the market and strategic overviews. The dashboard included in the report provides a detailed comparison of feed micronutrients manufacturers on parameters such as total revenue, product offerings, and key strategies. A list of key companies operating in the feed micronutrients market provided in the report adds to the credibility of this exhaustive research study.

Global Feed Micronutrients Market: In-Depth Assessment on Key Segments

The global feed micronutrients market is segmented on the basis of product type, livestock and region.

Product Type

Livestock

Region

Minerals

Poultry

North America

Vitamins

Aquaculture

Latin America

Carotenoids

Swine

Europe

Others (Fatty Acids, Essential Nutrients)

Equine

APAC

 

Others

MEA

This taxonomy and the detailed ToC prepared are confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than addressee(s) is unauthorized and prohibited.

Country-specific assessment on demand for feed micronutrients has been provided for each regional market, along with the market size valuation and forecast price point assessment, price index and impact analysis of key regional and country-wise dynamics, which were obtained through quotes from numerous feed micronutrients manufacturers, experts, and suppliers. Y-o-Y growth projections have also been offered on all regional markets incorporated in the report. Moreover, future trends, growth prospects, and other possibilities related to the market have been answered in the report.

The report provides company-level market share analysis, which has been derived on the basis of the company’s annual sales and segmental revenue in all the target end-use industries. The market has been forecasted based on constant currency rates. The report provides detailed competitive and company profiles of key participants operating in the global feed micronutrients market. Some of the major competitors operating in the feed micronutrients market are Zinpro Corporation, Tanke Biosciences Corporation, Vamso Biotec Pvt. Ltd., Archer Daniels Midland, Pancosma SA., and others.

Global Feed Micronutrients Market: Research Methodology

A number of primary and secondary sources were consulted during the course of the study. Secondary sources include Factiva, Morningstar and Hoovers, and company annual reports and publications. Comprehensive interviews have been conducted by our analysts, and the intelligence and insights obtained have been used for validating the information gained through secondary research. The report also includes a description of assumptions and acronyms utilized for research purposes. Data gathered has been validated using the triangulation method to offer useful quantitative and qualitative insights into the feed micronutrients market.

A short market viewpoint offered in the report elucidates the macro-economic aspects that influence the growth of the feed micronutrients market, which includes global GDP growth rate, various industries growth rate, such as animal husbandry and animal feed. This report serves as an authentic resource of intelligence on the feed micronutrients market, enabling the readers to take fact-based decisions on the future direction of their businesses.

1. Global Feed Micronutrients Market - Executive Summary

    1.1. Summary of Key Findings

    1.2. Summary of Key Statistics

    1.3. Key Market Characteristics & Attributes

    1.4. Opportunity Assessment

    1.5. Fact.MR Analysis and Recommendations

2. Global Feed Micronutrients Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Key Market Trends

    3.1. Key Trends Impacting the Market 

        3.1.1. Animal Husbandry Acting as a Growth Promoter

        3.1.2. Snowballing Trend for Clean Label Products

        3.1.3. Upsurge in the Consumption of Meat Related Products in Developing Nations

        3.1.4. Expansion in Facilities for Poultry 

    3.2. Mega Trends

        3.2.1. Increasing Expenditure on Animal Health

        3.2.2. Swift Feed Micronutrients Authorization Process

4. Market Background

    4.1. Number of Livestock Animals By Region/Key Countries

    4.2. Average Yearly Specialty Feed Additives Consumption Per Livestock By Regions

    4.3. Global Livestock Animal Growth Outlook (2013-2018)

    4.4. Livestock Rearing Growth Outlook, 2018

        4.4.1. Meat & Meat Products

        4.4.2. Milk & Milk Products

    4.5. Livestock Animals Census Outlook, by Region / Countries

    4.6. Percentage Distribution of Total Livestock Animals By Species

    4.7. Demographic Dependence on Livestock Animals Outlook 

    4.8. Major Livestock Animal Diseases Incidence, 2018

    4.9. Global Feed Micronutrients Market – Production Scenario

        4.9.1. By Region

        4.9.2. By Manufacturers

    4.10. Global Animal Husbandry Market Outlook, 2018

        4.10.1. By Type

        4.10.2. By Region

    4.11. Trade Analysis

        4.11.1. Net Import Analysis by Product Type

            4.11.1.1. Beef

            4.11.1.2. Cattle

            4.11.1.3. Pork

            4.11.1.4. Chicken Meat

        4.11.2. Net Export Analysis by Product Type

            4.11.2.1. Beef

            4.11.2.2. Cattle

            4.11.2.3. Pork

            4.11.2.4. Chicken Meat

    4.12. Investment Feasibility Matrix 

    4.13. Market White Space Assessment and Opportunity Analysis

    4.14. Recent Industry Developments 

    4.15. Macro-Economic and Forecast Factors – Relevance & Impact 

        4.15.1. Global GDP Growth Outlook 

        4.15.2. Global Agriculture Industry Growth Outlook 

        4.15.3. Global Feed Additives Industry Outlook 

        4.15.4. Global Dairy Industry Growth Outlook 

        4.15.5. Global Food & Beverages Industry Growth Outlook

        4.15.6. Top Players Historical Growth Rate

        4.15.7. Other Factors

    4.16. Value Chain Analysis

        4.16.1. List of Key Manufacturers 

        4.16.2. List of Key Channel Partners 

        4.16.3. Profitability Margins 

    4.17. Market Dynamics 

        4.17.1. Drivers 

        4.17.2. Industry Challenges

        4.17.3. Opportunities

5. Global Feed Micronutrients Market Size (US$ Mn) & Volume (Kilo Tons) and Forecast, 2013-2027

    5.1. Historical Market Value (US$ Mn) & Volume (Kilo Tons) Analysis, 2013-2018

    5.2. Current and Future Market Value (US$ Mn) & Volume (Kilo Tons) Forecast, 2019-2027

    5.3. Y-o-Y Growth Trend Analysis

6. Global Feed Micronutrients Pricing Point Analysis

    6.1. Global Feed Micronutrients Market Pricing Analysis, by Region

    6.2. Global Feed Micronutrients Market Pricing Analysis, by Product Type

    6.3. Pricing Evolution Till 2027

    6.4. Factors Influencing Pricing

7. Global Feed Micronutrients Market Value (US$ Mn) & Volume Analysis (Kilo Tons) and Forecast 2013-2027

    7.1. Global Feed Micronutrients Market Value (US$ Mn) & Volume Analysis (Kilo Tons) 2013-2018 and Forecast 2019-2027, by Product Type 

        7.1.1. Minerals

        7.1.2. Vitamins 

        7.1.3. Carotenoids

        7.1.4. Others (Fatty Acids, Essential Nutrients) 

    7.2. Global Feed Micronutrients Market Value (US$ Mn) & Volume Analysis (Kilo Tons) 2013-2018 and Forecast 2019-2027, by Livestock 

        7.2.1. Poultry

        7.2.2. Aquaculture

        7.2.3. Swine

        7.2.4. Equine

        7.2.5. Others

    7.3. Global Feed Micronutrients Market Value (US$ Mn) & Volume Analysis (Kilo Tons) 2013-2018 and Forecast 2019-2027, by Region

        7.3.1. North America

        7.3.2. Latin America

        7.3.3. Europe

        7.3.4. APAC

        7.3.5. MEA

8. North America Feed Micronutrients Market Value (US$ Mn) & Volume Analysis (Kilo Tons) and Forecast 2013-2027

    8.1. North America Feed Micronutrients Market Value (US$ Mn) & Volume Analysis (Kilo Tons) 2013-2018 and Forecast 2019-2027, by Country

        8.1.1. U.S.

        8.1.2. Canada

    8.2. North America Feed Micronutrients Market Value (US$ Mn) & Volume Analysis (Kilo Tons) 2013-2018 and Forecast 2019-2027, by Product Type 

        8.2.1. Minerals

        8.2.2. Vitamins 

        8.2.3. Carotenoids

        8.2.4. Others (Fatty Acids, Essential Nutrients) 

    8.3. North America Feed Micronutrients Market Value (US$ Mn) & Volume Analysis (Kilo Tons) 2013-2018 and Forecast 2019-2027, by Livestock 

        8.3.1. Poultry

        8.3.2. Aquaculture

        8.3.3. Swine

        8.3.4. Equine

        8.3.5. Others

9. Latin America Feed Micronutrients Market Value (US$ Mn) & Volume Analysis (Kilo Tons) and Forecast 2013-2027

    9.1. Latin America Feed Micronutrients Market Value (US$ Mn) & Volume Analysis (Kilo Tons) 2013-2018 and Forecast 2019-2027, by Country

        9.1.1. Brazil

        9.1.2. Mexico

        9.1.3. Rest of Latin America

    9.2. Latin America Feed Micronutrients Market Value (US$ Mn) & Volume Analysis (Kilo Tons) 2013-2018 and Forecast 2019-2027, by Product Type 

        9.2.1. Minerals

        9.2.2. Vitamins 

        9.2.3. Carotenoids

        9.2.4. Others (Fatty Acids, Essential Nutrients) 

    9.3. Latin America Feed Micronutrients Market Value (US$ Mn) & Volume Analysis (Kilo Tons) 2013-2018 and Forecast 2019-2027, by Livestock 

        9.3.1. Poultry

        9.3.2. Aquaculture

        9.3.3. Swine

        9.3.4. Equine

        9.3.5. Others

10. Europe Feed Micronutrients Market Value (US$ Mn) & Volume Analysis (Kilo Tons) and Forecast 2013-2027

    10.1. Europe Feed Micronutrients Market Value (US$ Mn) & Volume Analysis (Kilo Tons) 2013-2018 and Forecast 2019-2027, by Country

        10.1.1. EU-5

        10.1.2. BENELUX

        10.1.3. Nordics

        10.1.4. Eastern Europe

        10.1.5. Rest of Europe

    10.2. Europe Feed Micronutrients Market Value (US$ Mn) & Volume Analysis (Kilo Tons) 2013-2018 and Forecast 2019-2027, by Product Type 

        10.2.1. Minerals

        10.2.2. Vitamins 

        10.2.3. Carotenoids

        10.2.4. Others (Fatty Acids, Essential Nutrients) 

    10.3. Europe Feed Micronutrients Market Value (US$ Mn) & Volume Analysis (Kilo Tons) 2013-2018 and Forecast 2019-2027, by Livestock 

        10.3.1. Poultry

        10.3.2. Aquaculture

        10.3.3. Swine

        10.3.4. Equine

        10.3.5. Others

11. APAC Feed Micronutrients Market Value (US$ Mn) & Volume Analysis (Kilo Tons) and Forecast 2013-2027

    11.1. APAC Feed Micronutrients Market Value (US$ Mn) & Volume Analysis (Kilo Tons) 2013-2018 and Forecast 2019-2027, by Country

        11.1.1. Greater China 

        11.1.2. India

        11.1.3. Japan

        11.1.4. ASEAN Countries

        11.1.5. Australia & New Zealand

        11.1.6. Rest of APAC

    11.2. APAC Feed Micronutrients Market Value (US$ Mn) & Volume Analysis (Kilo Tons) 2013-2018 and Forecast 2019-2027, by Product Type 

        11.2.1. Minerals

        11.2.2. Vitamins 

        11.2.3. Carotenoids

        11.2.4. Others (Fatty Acids, Essential Nutrients) 

    11.3. APAC Feed Micronutrients Market Value (US$ Mn) & Volume Analysis (Kilo Tons) 2013-2018 and Forecast 2019-2027, by Livestock 

        11.3.1. Poultry

        11.3.2. Aquaculture

        11.3.3. Swine

        11.3.4. Equine

        11.3.5. Others

12. MEA Feed Micronutrients Market Value (US$ Mn) & Volume Analysis (Kilo Tons) and Forecast 2013-2027

    12.1. MEA Feed Micronutrients Market Value (US$ Mn) & Volume Analysis (Kilo Tons) 2013-2018 and Forecast 2019-2027, by Country

        12.1.1. GCC Countries

        12.1.2. Turkey

        12.1.3. South Africa

        12.1.4. Northern Africa

        12.1.5. Rest of MEA

    12.2. MEA Feed Micronutrients Market Value (US$ Mn) & Volume Analysis (Kilo Tons) 2013-2018 and Forecast 2019-2027, by Product Type 

        12.2.1. Minerals

        12.2.2. Vitamins 

        12.2.3. Carotenoids

        12.2.4. Others (Fatty Acids, Essential Nutrients) 

    12.3. MEA Feed Micronutrients Market Value (US$ Mn) & Volume Analysis (Kilo Tons) 2013-2018 and Forecast 2019-2027, by Livestock 

        12.3.1. Poultry

        12.3.2. Aquaculture

        12.3.3. Swine

        12.3.4. Equine

        12.3.5. Others

13. Global Feed Micronutrients Market - Prominent Countries Analysis

    13.1. Market Proportion Analysis, By Key Countries

    13.2. Global Vs. Country Growth Comparison

    13.3. China Market Value (US$ Mn) & Volume Analysis (Kilo Tons) and Forecast

        13.3.1. China Feed Micronutrients Market Value (US$ Mn) & Volume Analysis (Kilo Tons) 2013-2018 and Forecast 2019-2027, by Product Type 

            13.3.1.1. Minerals 

            13.3.1.2. Vitamins 

            13.3.1.3. Carotenoids

            13.3.1.4. Others (Fatty Acids, Essential Nutrients) 

        13.3.2. China Feed Micronutrients Market Value (US$ Mn) & Volume Analysis (Kilo Tons) 2013-2018 and Forecast 2019-2027, by Livestock

            13.3.2.1. Poultry

            13.3.2.2. Aquaculture

            13.3.2.3. Swine

            13.3.2.4. Equine

            13.3.2.5. Others

    13.4. India Market Value (US$ Mn) & Volume Analysis (Kilo Tons) and Forecast

        13.4.1. India Feed Micronutrients Market Value (US$ Mn) & Volume Analysis (Kilo Tons) 2013-2018 and Forecast 2019-2027, by Product Type 

            13.4.1.1. Minerals

            13.4.1.2. Vitamins

            13.4.1.3. Carotenoids

            13.4.1.4. Others (Fatty Acids, Essential Nutrients)

        13.4.2. India Feed Micronutrients Market Value (US$ Mn) & Volume Analysis (Kilo Tons) 2013-2018 and Forecast 2019-2027, by Livestock

            13.4.2.1. Poultry

            13.4.2.2. Aquaculture

            13.4.2.3. Swine 

            13.4.2.4. Equine

            13.4.2.5. Others 

    13.5. Mexico Market Value (US$ Mn) & Volume Analysis (Kilo Tons) and Forecast

        13.5.1. Mexico Feed Micronutrients Market Value (US$ Mn) & Volume Analysis (Kilo Tons) 2013-2018 and Forecast 2019-2027, by Product Type 

            13.5.1.1. Minerals

            13.5.1.2. Vitamins

            13.5.1.3. Carotenoids

            13.5.1.4. Others (Fatty Acids, Essential Nutrients)

        13.5.2. Mexico Feed Micronutrients Market Value (US$ Mn) & Volume Analysis (Kilo Tons) 2013-2018 and Forecast 2019-2027, by Livestock

            13.5.2.1. Poultry

            13.5.2.2. Aquaculture

            13.5.2.3. Swine 

            13.5.2.4. Equine

            13.5.2.5. Others 

14. Competitive Assessment

    14.1. Global Feed Micronutrients Market Structure

    14.2. Global Feed Micronutrients Market Competition - A Dashboard View

    14.3. Global Feed Micronutrients Market Company Share Analysis

    14.4. Global Feed Micronutrients Competitor Market Footprint Matrix

    14.5. Key Participants Market Presence (Intensity Mapping) by Region

15. Company Profiles

    15.1. Cargill, Inc.

        15.1.1. Company Overview

        15.1.2. Competition Standpoint

        15.1.3. Product Overview

        15.1.4. Key Financials

        15.1.5. Analyst Comments

    15.2. Koninklijke DSM N.V.

        15.2.1. Company Overview

        15.2.2. Competition Standpoint

        15.2.3. Product Overview

        15.2.4. Key Financials

        15.2.5. Analyst Comments

    15.3. Zinpro Corporation

        15.3.1. Company Overview

        15.3.2. Competition Standpoint

        15.3.3. Product Overview

        15.3.4. Key Financials

        15.3.5. Analyst Comments 

    15.4. Novus International, Inc.

        15.4.1. Company Overview

        15.4.2. Competition Standpoint

        15.4.3. Product Overview

        15.4.4. Key Financials

        15.4.5. Analyst Comments

    15.5. Tanke Biosciences Corporation

        15.5.1. Company Overview

        15.5.2. Competition Standpoint

        15.5.3. Product Overview

        15.5.4. Key Financials

        15.5.5. Analyst Comments 

    15.6. Vamso Biotec Pvt. Ltd

        15.6.1. Company Overview

        15.6.2. Competition Standpoint

        15.6.3. Product Overview

        15.6.4. Key Financials

        15.6.5. Analyst Comments 

    15.7. Archer Daniels Midland

        15.7.1. Company Overview

        15.7.2. Competition Standpoint

        15.7.3. Product Overview

        15.7.4. Key Financials

        15.7.5. Analyst Comments 

    15.8. Pancosma S.A.

        15.8.1. Company Overview

        15.8.2. Competition Standpoint

        15.8.3. Product Overview

        15.8.4. Key Financials

        15.8.5. Analyst Comments 

    15.9. Phibro Animal Health Corporation

        15.9.1. Company Overview

        15.9.2. Competition Standpoint

        15.9.3. Product Overview

        15.9.4. Key Financials

        15.9.5. Analyst Comments

    15.10. Mercer Milling Company, Inc.

        15.10.1. Company Overview

        15.10.2. Competition Standpoint

        15.10.3. Product Overview

        15.10.4. Key Financials

        15.10.5. Analyst Comments

    15.11. QualiTech Corp

        15.11.1. Company Overview

        15.11.2. Competition Standpoint

        15.11.3. Product Overview

        15.11.4. Key Financials

        15.11.5. Analyst Comments

    15.12. Alltech, Inc.

        15.12.1. Company Overview

        15.12.2. Competition Standpoint

        15.12.3. Product Overview

        15.12.4. Key Financials

        15.12.5. Analyst Comments

    15.13. Biochem Zusatzstoffe Handels- und Produktionsges. MbH

        15.13.1. Company Overview

        15.13.2. Competition Standpoint

        15.13.3. Product Overview

        15.13.4. Key Financials

        15.13.5. Analyst Comments

    15.14. Nutreco N.V.

        15.14.1. Company Overview

        15.14.2. Competition Standpoint

        15.14.3. Product Overview

        15.14.4. Key Financials

        15.14.5. Analyst Comments

    15.15. Davidsons Animal Feeds

        15.15.1. Company Overview

        15.15.2. Competition Standpoint

        15.15.3. Product Overview

        15.15.4. Key Financials

        15.15.5. Analyst Comments

    15.16. U.S. Rare Earth Minerals, Inc.

        15.16.1. Company Overview

        15.16.2. Competition Standpoint

        15.16.3. Product Overview

        15.16.4. Key Financials

        15.16.5. Analyst Comments

    15.17. Kemin Industries

        15.17.1. Company Overview

        15.17.2. Competition Standpoint

        15.17.3. Product Overview

        15.17.4. Key Financials

        15.17.5. Analyst Comments

    15.18. Ridley, Inc.

        15.18.1. Company Overview

        15.18.2. Competition Standpoint

        15.18.3. Product Overview

        15.18.4. Key Financials

        15.18.5. Analyst Comments

16. Fact.MR Research Methodology

17. Disclaimer & Contact Information

This taxonomy and the detailed ToC prepared are confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than addressee(s) is unauthorized and prohibited.  

Fact.MR offers custom research services that help clients to get specific research solutions

We are committed towards customer satisfaction and quality service.


Our Clients

Malaysian Cocoa Board
Dunlop International Europe Ltd
Roland Berger
Superior Essex
Commscope
Deloitte

Fact.MR in Media

Feed Micronutrients Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2019 to 2027