IMARC Group has recently released a new research study titled “Zinc Methionine Chelates Market Report by Livestock (Bovine, Poultry, Swine, Equine, Aqua, and Others), and Region 2024-2032”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.

The global zinc methionine chelates market size is expected to exhibit a growth rate (CAGR) of 5.94% during 2024-2032.

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Industry Trends and Drivers:

·         The growing demand for enhanced animal nutrition:

Zinc methionine chelates are widely used as a supplement in animal feed due to their superior bioavailability compared to inorganic zinc sources. This form of zinc is more readily absorbed by animals, leading to improved growth rates, immune system support, and overall health. With the global livestock industry expanding and the increasing need to meet rising demand for meat, dairy, and other animal products, farmers and feed manufacturers are turning to advanced nutritional solutions like zinc methionine chelates. These chelated minerals ensure better nutrient absorption, leading to healthier and more productive livestock, which is crucial in maximizing yields thus impelling the market growth.

·         Increasing awareness about mineral deficiencies in livestock:

Zinc is an essential trace mineral that plays a key role in various biological processes, including enzyme function, protein synthesis, and immune system regulation. Deficiencies in zinc can lead to stunted growth, weakened immune systems, and reproductive issues in animals. As awareness of these issues grows, there is an increased emphasis on the importance of providing adequate mineral supplementation in animal feed. Zinc methionine chelates are seen as a highly effective solution to address these deficiencies, as their chelated form allows for better absorption and utilization by the animal's body compared to other zinc sources, bolstering the market demand.

·         The rising focus on sustainable agricultural practices:

With growing concerns about environmental sustainability and the need to reduce the ecological footprint of livestock farming, there is increasing demand for feed additives that contribute to more efficient nutrient utilization. Zinc methionine chelates, due to their enhanced bioavailability, allow for lower dosages of zinc to be used in animal feed while still providing the necessary nutritional benefits. This reduces the amount of excess zinc that is excreted into the environment, addressing concerns related to soil and water contamination. As the agriculture industry continues to adopt more environmentally responsible practices, the use of chelated minerals like zinc methionine chelates aligning with broader sustainability goals while maintaining animal health and productivity, aiding the market demand.

Zinc Methionine Chelates Market Report Segmentation:

Breakup By Livestock:

·         Bovine

·         Poultry

·         Swine

·         Equine

·         Aqua

·         Others

On the basis of livestock, the market is segmented into bovine, poultry, swine, equine, aqua, and others.

Breakup By Region:

·         North America

·         Asia-Pacific

·         Europe

·         Latin America

·         Middle East and Africa

Based on the region, the market is segregated into North America (the United States and Canada), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.

Top Zinc Methionine Chelates Market Leaders:

The zinc methionine chelates market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies.

Some of the key players in the market are:

·         Alltech

·         Balchem Inc.

·         Chaitanya Biologicals Private Limited

·         Chengdu Chelation Biology Technology Co. Ltd.

·         JH Biotech Inc.

·         Novus International Inc. (Mitsui & Co. Ltd.)

·         Priya Chemicals

·         Titan Biotech Ltd.

·         UNO VETCHEM

·         Zinpro Corporation

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Key Highlights of the Report:

·         Market Performance (2018-2023)

·         Market Outlook (2024-2032)

·         Market Trends

·         Market Drivers and Success Factors

·         Impact of COVID-19

·         Value Chain Analysis

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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