Feed Minerals Market Report, Size & Share Analysis 2031
Precision Business Insights has published a report on the global Feed minerals market, estimating its value at USD 343.7 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 5.4% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/feed-minerals-market
The Feed Minerals Market refers to the industry focused on the production and distribution of mineral supplements used in animal feed. These minerals, which include macrominerals (like calcium, phosphorus, and magnesium) and microminerals (like zinc, copper, and selenium), are essential for improving animal health, growth, and immunity. The market plays a critical role in the global animal nutrition sector, addressing the specific dietary needs of various livestock such as poultry, cattle, swine, and aquaculture species
Drivers:
• Increasing Awareness of Animal Nutrition: Livestock producers are becoming more conscious of the importance of balanced diets for animals, leading to higher demand for mineral supplements.
• Focus on Animal Health and Productivity: The need to enhance meat and dairy production efficiency while maintaining animal health is a significant driver
The global Feed minerals market segmentation:
1) By Type of Animal: Swine, Poultry, Ovine, Bovine, Equine, Canine, Aquaculture
2) By Type of Minerals: (Macro Minerals (Phosphorous, Calcium, Magnesium, Potassium, Others), Micro Minerals (Copper, Iron, Zinc, Selenium, Cobalt, Others)
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Regional Overview:
The report also examines the current concerns and their Future Effects on the feed minerals market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the feed minerals market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
• North America (U.S., Canada)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
• Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
• Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like Cargill Inc., BASF SE, Kemin Industries, DSM Animal Nutrition, Nutreco NV, Bio Multimin Inc., Biochem Lohne, Davidsons Animal Feeds, Mercer Milling Co. Inc., Novus International Inc., Pancosma SA,Phibro Animal Health Corporation
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