Global Zinc Micronutrient for Animal Feed Market Report and Forecast 2023-2028
January 3, 2023
Expert Market Research
142
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Global Zinc Micronutrient for Animal Feed Market Report and Forecast 2023-2028
Abstract Global Zinc Micronutrient for Animal Feed Market Report and Forecast 2023-2028
Market Outlook According to the report by Expert Market Research (EMR), the global zinc micronutrient for animal feed market size attained a volume of 64.214 KMT in 2022. Aided by the rising focus on animal health, the market is projected to further grow at a CAGR of 4.36% between 2023 and 2028, to reach a volume of 82.826 KMT by 2028.
Zinc micronutrients for animal feed refer to the supplementation of animal feed with zinc micronutrients that are required by animals in small amounts to boost overall health. The zinc micronutrients are added to the diet of animals as they can help enhance the general health, welfare, and performance of the animals. They play a major role in various metabolic processes in animals such as glucose metabolism and protein synthesis, among other biochemical reactions.
Rising popularity of zinc as a micronutrient owing to its organic nature is increasing its demand from a number of consumers and is thus helping in the growth of the overall market. Zinc micronutrients in animal feed also protect animals from severe issues as the deficiency of zinc can cause reduced growth, increased susceptibility to infection, skin parakeratosis, lethargy, and general debility, among others. Animal farmers and owners are becoming more concerned about the health of animals and the rising incidences of impaired skin tissue and bone health and poor immunity due to nutritional deficiencies which is further enhancing the demand for the global zinc micronutrient for animal feed market.
Improved quality of animal feed is expected to improve the overall health of the animals which will thereby enhance their general performance along with their reproduction. Growing awareness regarding the richness of minerals and vitamins in poultry eggs and meat is increasing their demand from a number of consumers from all across the globe which is ultimately expected to fuel the demand for zinc micronutrients for poultry feed in the market.
Asia Pacific is expected to hold a large share in the global zinc micronutrient for animal feed market owing to the growing demand and consumption of meat and milk in the region. Nations such as China in the Asia Pacific have high intakes of meat while India is a significant consumer of dairy and milk products. Further, consumers in the region are spending increasingly on protein-rich animal-based foods which is contributing to the growth of the market in Asia Pacific.
Market Segmentation The market can be divided on the basis of species, and region.
Market Breakup by Species •Ruminants •Dairy •Swine •Poultry •Equine •Aqua •Others
Market Breakup by Region •North America •Europe •Asia Pacific •Latin America •Middle East and Africa
Competitive Landscape The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the zinc micronutrient for animal feed market companies. Some of the major key players explored in the report by Expert Market Research are as follows:
•Biochem Zusatzstoffe Handels- und Produktionsgesellschaft mbH •Animine, S.A.S.U. •Alltech Inc •Novus International, Inc. •Balchem Corporation •Zinpro Corporation •Norel SA •Trouw Nutrition
Content Table of Contents
1 Preface 2 Report Coverage – Key Segmentation and Scope 3 Report Description 3.1 Market Definition and Outlook 3.2 Properties and Applications 3.3 Market Analysis 3.4 Key Market Players 4 Key Assumptions 5 Executive Summary 5.1 Overview 5.2 Key Drivers 5.3 Key Developments 5.4 Competitive Structure 5.5 Key Industrial Trends 6 Market Snapshot 6.1 Global 6.2 Regional 7 Industry Opportunities and Challenges 8 Global Zinc Micronutrient for Animal Feed Market Analysis 8.1 Key Industry Highlights 8.2 Global Zinc Micronutrient for Animal Feed Historical Market (2018-2022) 8.3 Global Zinc Micronutrient for Animal Feed Market Forecast (2023-2028) 8.4 Global Zinc Micronutrient for Animal Feed Market by Species 8.4.1 Ruminants 8.4.1.1 Market Share 8.4.1.2 Historical Trend (2018-2022) 8.4.1.3 Forecast Trend (2023-2028) 8.4.2 Dairy 8.4.2.1 Market Share 8.4.2.2 Historical Trend (2018-2022) 8.4.2.3 Forecast Trend (2023-2028) 8.4.3 Swine 8.4.3.1 Market Share 8.4.3.2 Historical Trend (2018-2022) 8.4.3.3 Forecast Trend (2023-2028) 8.4.4 Poultry 8.4.4.1 Market Share 8.4.4.2 Historical Trend (2018-2022) 8.4.4.3 Forecast Trend (2023-2028) 8.4.5 Equine 8.4.5.1 Market Share 8.4.5.2 Historical Trend (2018-2022) 8.4.5.3 Forecast Trend (2023-2028) 8.4.6 Aqua 8.4.6.1 Market Share 8.4.6.2 Historical Trend (2018-2022) 8.4.6.3 Forecast Trend (2023-2028) 8.4.7 Others 8.5 Global Zinc Micronutrient for Animal Feed Market by Region 8.5.1 North America 8.5.1.1 Market Share 8.5.1.2 Historical Trend (2018-2022) 8.5.1.3 Forecast Trend (2023-2028) 8.5.2 Europe 8.5.2.1 Market Share 8.5.2.2 Historical Trend (2018-2022) 8.5.2.3 Forecast Trend (2023-2028) 8.5.3 Asia Pacific 8.5.3.1 Market Share 8.5.3.2 Historical Trend (2018-2022) 8.5.3.3 Forecast Trend (2023-2028) 8.5.4 Latin America 8.5.4.1 Market Share 8.5.4.2 Historical Trend (2018-2022) 8.5.4.3 Forecast Trend (2023-2028) 8.5.5 Middle East and Africa 8.5.5.1 Market Share 8.5.5.2 Historical Trend (2018-2022) 8.5.5.3 Forecast Trend (2023-2028) 9 North America Zinc Micronutrients for Animal Feed Market Analysis 9.1 United States of America 9.1.1 Market Share 9.1.2 Historical Trend (2018-2022) 9.1.3 Forecast Trend (2023-2028) 9.2 Canada 9.2.1 Market Share 9.2.2 Historical Trend (2018-2022) 9.2.3 Forecast Trend (2023-2028) 10 Europe Zinc Micronutrients for Animal Feed Market Analysis 10.1 United Kingdom 10.1.1 Market Share 10.1.2 Historical Trend (2018-2022) 10.1.3 Forecast Trend (2023-2028) 10.2 Germany 10.2.1 Market Share 10.2.2 Historical Trend (2018-2022) 10.2.3 Forecast Trend (2023-2028) 10.3 France 10.3.1 Market Share 10.3.2 Historical Trend (2018-2022) 10.3.3 Forecast Trend (2023-2028) 10.4 Italy 10.4.1 Market Share 10.4.2 Historical Trend (2018-2022) 10.4.3 Forecast Trend (2023-2028) 10.5 Spain 10.5.1 Market Share 10.5.2 Historical Trend (2018-2022) 10.5.3 Forecast Trend (2023-2028) 10.6 Others 11 Asia Pacific Zinc Micronutrients for Animal Feed Market Analysis 11.1 China 11.1.1 Market Share 11.1.2 Historical Trend (2018-2022) 11.1.3 Forecast Trend (2023-2028) 11.2 Japan 11.2.1 Market Share 11.2.2 Historical Trend (2018-2022) 11.2.3 Forecast Trend (2023-2028) 11.3 India 11.3.1 Market Share 11.3.2 Historical Trend (2018-2022) 11.3.3 Forecast Trend (2023-2028) 11.4 Australia 11.4.1 Market Share 11.4.2 Historical Trend (2018-2022) 11.4.3 Forecast Trend (2023-2028) 11.5 ASEAN 11.5.1 Market Share 11.5.2 Historical Trend (2018-2022) 11.5.3 Forecast Trend (2023-2028) 11.6 Others 12 Latin America Zinc Micronutrients for Animal Feed Market Analysis 12.1 Brazil 12.1.1 Market Share 12.1.2 Historical Trend (2018-2022) 12.1.3 Forecast Trend (2023-2028) 12.2 Argentina 12.2.1 Market Share 12.2.2 Historical Trend (2018-2022) 12.2.3 Forecast Trend (2023-2028) 12.3 Mexico 12.3.1 Market Share 12.3.2 Historical Trend (2018-2022) 12.3.3 Forecast Trend (2023-2028) 12.4 Others 13 Middle East and Africa Zinc Micronutrients for Animal Feed Market Analysis 13.1 Saudi Arabia 13.1.1 Market Share 13.1.2 Historical Trend (2018-2022) 13.1.3 Forecast Trend (2023-2028) 13.2 United Arab Amirates 13.2.1 Market Share 13.2.2 Historical Trend (2018-2022) 13.2.3 Forecast Trend (2023-2028) 13.3 South Africa 13.3.1 Market Share 13.3.2 Historical Trend (2018-2022) 13.3.3 Forecast Trend (2023-2028) 13.4 Nigeria 13.4.1 Market Share 13.4.2 Historical Trend (2018-2022) 13.4.3 Forecast Trend (2023-2028) 13.5 Iran 13.5.1 Market Share 13.5.2 Historical Trend (2018-2022) 13.5.3 Forecast Trend (2023-2028) 13.6 Others 14 Market Dynamics 14.1 SWOT Analysis 14.1.1 Strengths 14.1.2 Weaknesses 14.1.3 Opportunities 14.1.4 Threats 14.2 Porter’s Five Forces Analysis 14.2.1 Supplier’s Power 14.2.2 Buyer’s Power 14.2.3 Threat of New Entrants 14.2.4 Degree of Rivalry 14.2.5 Threat of Substitutes 15 Price Analysis 15.1 Zinc Chelate Historical Price Trends and Forecast (2018-2028) 15.2 Zinc Sulphate Historical Price Trends and Forecast (2018-2028) 15.3 Zinc Oxide Historical Price Trends and Forecast (2018-2028) 15.4 Zinc Hydroxide Historical Price Trends and Forecast (2018-2028) 16 Competitive Landscape 16.1 Market Structure 16.2 Company Profiles 16.2.1 Biochem Zusatzstoffe Handels- und Produktionsgesellschaft mbH 16.2.1.1 Company Overview 16.2.1.2 Product Portfolio 16.2.1.3 Demographic Reach and Achievements 16.2.1.4 Certifications 16.2.2 Animine, S.A.S.U. 16.2.2.1 Company Overview 16.2.2.2 Product Portfolio 16.2.2.3 Demographic Reach and Achievements 16.2.2.4 Certifications 16.2.3 Alltech Inc 16.2.3.1 Company Overview 16.2.3.2 Product Portfolio 16.2.3.3 Demographic Reach and Achievements 16.2.3.4 Certifications 16.2.4 Novus International, Inc. 16.2.4.1 Company Overview 16.2.4.2 Product Portfolio 16.2.4.3 Demographic Reach and Achievements 16.2.4.4 Certifications 16.2.5 Balchem Corporation 16.2.5.1 Company Overview 16.2.5.2 Product Portfolio 16.2.5.3 Demographic Reach and Achievements 16.2.5.4 Certifications 16.2.6 Zinpro Corporation 16.2.6.1 Company Overview 16.2.6.2 Product Portfolio 16.2.6.3 Demographic Reach and Achievements 16.2.6.4 Certifications 16.2.7 Norel SA 16.2.7.1 Company Overview 16.2.7.2 Product Portfolio 16.2.7.3 Demographic Reach and Achievements 16.2.7.4 Certifications 16.2.8 Trouw Nutrition 16.2.8.1 Company Overview 16.2.8.2 Product Portfolio 16.2.8.3 Demographic Reach and Achievements 16.2.8.4 Certifications 17 Key Trends and Developments in the Market
Global Zinc Micronutrient for Animal Feed Market Report and Forecast 2023-2028
Market Outlook According to the report by Expert Market Research (EMR), the global zinc micronutrient for animal feed market size attained a volume of 64.214 KMT in 2022. Aided by the rising focus on animal health, the market is projected to further grow at a CAGR of 4.36% between 2023 and 2028, to reach a volume of 82.826 KMT by 2028.
Zinc micronutrients for animal feed refer to the supplementation of animal feed with zinc micronutrients that are required by animals in small amounts to boost overall health. The zinc micronutrients are added to the diet of animals as they can help enhance the general health, welfare, and performance of the animals. They play a major role in various metabolic processes in animals such as glucose metabolism and protein synthesis, among other biochemical reactions.
Rising popularity of zinc as a micronutrient owing to its organic nature is increasing its demand from a number of consumers and is thus helping in the growth of the overall market. Zinc micronutrients in animal feed also protect animals from severe issues as the deficiency of zinc can cause reduced growth, increased susceptibility to infection, skin parakeratosis, lethargy, and general debility, among others. Animal farmers and owners are becoming more concerned about the health of animals and the rising incidences of impaired skin tissue and bone health and poor immunity due to nutritional deficiencies which is further enhancing the demand for the global zinc micronutrient for animal feed market.
Improved quality of animal feed is expected to improve the overall health of the animals which will thereby enhance their general performance along with their reproduction. Growing awareness regarding the richness of minerals and vitamins in poultry eggs and meat is increasing their demand from a number of consumers from all across the globe which is ultimately expected to fuel the demand for zinc micronutrients for poultry feed in the market.
Asia Pacific is expected to hold a large share in the global zinc micronutrient for animal feed market owing to the growing demand and consumption of meat and milk in the region. Nations such as China in the Asia Pacific have high intakes of meat while India is a significant consumer of dairy and milk products. Further, consumers in the region are spending increasingly on protein-rich animal-based foods which is contributing to the growth of the market in Asia Pacific.
Market Segmentation The market can be divided on the basis of species, and region.
Market Breakup by Species •Ruminants •Dairy •Swine •Poultry •Equine •Aqua •Others
Market Breakup by Region •North America •Europe •Asia Pacific •Latin America •Middle East and Africa
Competitive Landscape The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the zinc micronutrient for animal feed market companies. Some of the major key players explored in the report by Expert Market Research are as follows:
•Biochem Zusatzstoffe Handels- und Produktionsgesellschaft mbH •Animine, S.A.S.U. •Alltech Inc •Novus International, Inc. •Balchem Corporation •Zinpro Corporation •Norel SA •Trouw Nutrition
Table of Contents
1 Preface 2 Report Coverage – Key Segmentation and Scope 3 Report Description 3.1 Market Definition and Outlook 3.2 Properties and Applications 3.3 Market Analysis 3.4 Key Market Players 4 Key Assumptions 5 Executive Summary 5.1 Overview 5.2 Key Drivers 5.3 Key Developments 5.4 Competitive Structure 5.5 Key Industrial Trends 6 Market Snapshot 6.1 Global 6.2 Regional 7 Industry Opportunities and Challenges 8 Global Zinc Micronutrient for Animal Feed Market Analysis 8.1 Key Industry Highlights 8.2 Global Zinc Micronutrient for Animal Feed Historical Market (2018-2022) 8.3 Global Zinc Micronutrient for Animal Feed Market Forecast (2023-2028) 8.4 Global Zinc Micronutrient for Animal Feed Market by Species 8.4.1 Ruminants 8.4.1.1 Market Share 8.4.1.2 Historical Trend (2018-2022) 8.4.1.3 Forecast Trend (2023-2028) 8.4.2 Dairy 8.4.2.1 Market Share 8.4.2.2 Historical Trend (2018-2022) 8.4.2.3 Forecast Trend (2023-2028) 8.4.3 Swine 8.4.3.1 Market Share 8.4.3.2 Historical Trend (2018-2022) 8.4.3.3 Forecast Trend (2023-2028) 8.4.4 Poultry 8.4.4.1 Market Share 8.4.4.2 Historical Trend (2018-2022) 8.4.4.3 Forecast Trend (2023-2028) 8.4.5 Equine 8.4.5.1 Market Share 8.4.5.2 Historical Trend (2018-2022) 8.4.5.3 Forecast Trend (2023-2028) 8.4.6 Aqua 8.4.6.1 Market Share 8.4.6.2 Historical Trend (2018-2022) 8.4.6.3 Forecast Trend (2023-2028) 8.4.7 Others 8.5 Global Zinc Micronutrient for Animal Feed Market by Region 8.5.1 North America 8.5.1.1 Market Share 8.5.1.2 Historical Trend (2018-2022) 8.5.1.3 Forecast Trend (2023-2028) 8.5.2 Europe 8.5.2.1 Market Share 8.5.2.2 Historical Trend (2018-2022) 8.5.2.3 Forecast Trend (2023-2028) 8.5.3 Asia Pacific 8.5.3.1 Market Share 8.5.3.2 Historical Trend (2018-2022) 8.5.3.3 Forecast Trend (2023-2028) 8.5.4 Latin America 8.5.4.1 Market Share 8.5.4.2 Historical Trend (2018-2022) 8.5.4.3 Forecast Trend (2023-2028) 8.5.5 Middle East and Africa 8.5.5.1 Market Share 8.5.5.2 Historical Trend (2018-2022) 8.5.5.3 Forecast Trend (2023-2028) 9 North America Zinc Micronutrients for Animal Feed Market Analysis 9.1 United States of America 9.1.1 Market Share 9.1.2 Historical Trend (2018-2022) 9.1.3 Forecast Trend (2023-2028) 9.2 Canada 9.2.1 Market Share 9.2.2 Historical Trend (2018-2022) 9.2.3 Forecast Trend (2023-2028) 10 Europe Zinc Micronutrients for Animal Feed Market Analysis 10.1 United Kingdom 10.1.1 Market Share 10.1.2 Historical Trend (2018-2022) 10.1.3 Forecast Trend (2023-2028) 10.2 Germany 10.2.1 Market Share 10.2.2 Historical Trend (2018-2022) 10.2.3 Forecast Trend (2023-2028) 10.3 France 10.3.1 Market Share 10.3.2 Historical Trend (2018-2022) 10.3.3 Forecast Trend (2023-2028) 10.4 Italy 10.4.1 Market Share 10.4.2 Historical Trend (2018-2022) 10.4.3 Forecast Trend (2023-2028) 10.5 Spain 10.5.1 Market Share 10.5.2 Historical Trend (2018-2022) 10.5.3 Forecast Trend (2023-2028) 10.6 Others 11 Asia Pacific Zinc Micronutrients for Animal Feed Market Analysis 11.1 China 11.1.1 Market Share 11.1.2 Historical Trend (2018-2022) 11.1.3 Forecast Trend (2023-2028) 11.2 Japan 11.2.1 Market Share 11.2.2 Historical Trend (2018-2022) 11.2.3 Forecast Trend (2023-2028) 11.3 India 11.3.1 Market Share 11.3.2 Historical Trend (2018-2022) 11.3.3 Forecast Trend (2023-2028) 11.4 Australia 11.4.1 Market Share 11.4.2 Historical Trend (2018-2022) 11.4.3 Forecast Trend (2023-2028) 11.5 ASEAN 11.5.1 Market Share 11.5.2 Historical Trend (2018-2022) 11.5.3 Forecast Trend (2023-2028) 11.6 Others 12 Latin America Zinc Micronutrients for Animal Feed Market Analysis 12.1 Brazil 12.1.1 Market Share 12.1.2 Historical Trend (2018-2022) 12.1.3 Forecast Trend (2023-2028) 12.2 Argentina 12.2.1 Market Share 12.2.2 Historical Trend (2018-2022) 12.2.3 Forecast Trend (2023-2028) 12.3 Mexico 12.3.1 Market Share 12.3.2 Historical Trend (2018-2022) 12.3.3 Forecast Trend (2023-2028) 12.4 Others 13 Middle East and Africa Zinc Micronutrients for Animal Feed Market Analysis 13.1 Saudi Arabia 13.1.1 Market Share 13.1.2 Historical Trend (2018-2022) 13.1.3 Forecast Trend (2023-2028) 13.2 United Arab Amirates 13.2.1 Market Share 13.2.2 Historical Trend (2018-2022) 13.2.3 Forecast Trend (2023-2028) 13.3 South Africa 13.3.1 Market Share 13.3.2 Historical Trend (2018-2022) 13.3.3 Forecast Trend (2023-2028) 13.4 Nigeria 13.4.1 Market Share 13.4.2 Historical Trend (2018-2022) 13.4.3 Forecast Trend (2023-2028) 13.5 Iran 13.5.1 Market Share 13.5.2 Historical Trend (2018-2022) 13.5.3 Forecast Trend (2023-2028) 13.6 Others 14 Market Dynamics 14.1 SWOT Analysis 14.1.1 Strengths 14.1.2 Weaknesses 14.1.3 Opportunities 14.1.4 Threats 14.2 Porter’s Five Forces Analysis 14.2.1 Supplier’s Power 14.2.2 Buyer’s Power 14.2.3 Threat of New Entrants 14.2.4 Degree of Rivalry 14.2.5 Threat of Substitutes 15 Price Analysis 15.1 Zinc Chelate Historical Price Trends and Forecast (2018-2028) 15.2 Zinc Sulphate Historical Price Trends and Forecast (2018-2028) 15.3 Zinc Oxide Historical Price Trends and Forecast (2018-2028) 15.4 Zinc Hydroxide Historical Price Trends and Forecast (2018-2028) 16 Competitive Landscape 16.1 Market Structure 16.2 Company Profiles 16.2.1 Biochem Zusatzstoffe Handels- und Produktionsgesellschaft mbH 16.2.1.1 Company Overview 16.2.1.2 Product Portfolio 16.2.1.3 Demographic Reach and Achievements 16.2.1.4 Certifications 16.2.2 Animine, S.A.S.U. 16.2.2.1 Company Overview 16.2.2.2 Product Portfolio 16.2.2.3 Demographic Reach and Achievements 16.2.2.4 Certifications 16.2.3 Alltech Inc 16.2.3.1 Company Overview 16.2.3.2 Product Portfolio 16.2.3.3 Demographic Reach and Achievements 16.2.3.4 Certifications 16.2.4 Novus International, Inc. 16.2.4.1 Company Overview 16.2.4.2 Product Portfolio 16.2.4.3 Demographic Reach and Achievements 16.2.4.4 Certifications 16.2.5 Balchem Corporation 16.2.5.1 Company Overview 16.2.5.2 Product Portfolio 16.2.5.3 Demographic Reach and Achievements 16.2.5.4 Certifications 16.2.6 Zinpro Corporation 16.2.6.1 Company Overview 16.2.6.2 Product Portfolio 16.2.6.3 Demographic Reach and Achievements 16.2.6.4 Certifications 16.2.7 Norel SA 16.2.7.1 Company Overview 16.2.7.2 Product Portfolio 16.2.7.3 Demographic Reach and Achievements 16.2.7.4 Certifications 16.2.8 Trouw Nutrition 16.2.8.1 Company Overview 16.2.8.2 Product Portfolio 16.2.8.3 Demographic Reach and Achievements 16.2.8.4 Certifications 17 Key Trends and Developments in the Market