Animal Feed Trace Minerals Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Global Animal Feed Trace Minerals Market is segmented by mineral type into zinc, iron, manganese, copper, and others; by livestock into ruminants, poultry, swine, others; by source type into organic and inorganic and geography.

Animal Feed Trace Minerals Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Animal Feed Trace Minerals Industry Overview

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. 

Animal Feed Trace Minerals Market Leaders

  1. Altech

  2. Archer Daniels Midland Company

  3. Cargill, Incorporated

  4. Kemin Industries, Inc.

  5. NOVUS INTERNATIONAL

  6. *Disclaimer: Major Players sorted in no particular order
Alltech, Archer Daniels Midland Company, Cargill, Kemin Industries, and Novus International