Trace Minerals in Feed Market: Market Segments: By Type (Iron, Zinc, Manganese, Copper, Cobalt, Chromium and Other); By Chelate Type (Amino Acids, Proteinates, Polysaccharides and Other); By form (Dry and Liquid); By livestock (Poultry, Ruminant, Swine, Aquaculture and Other); and Region – Global Analysis of Market Size, Share & Trends for 2014 – 2020 and Forecasts to 2030

Product Overview

Trace minerals provide the essential nutrients animals need for metabolic functions such as growth and development, immunity and reproduction. Even moderate deficiencies can adversely impact animal performance.

Market Highlights

Trace Minerals in Feed Market is expected to project a notable CAGR of 5.3% in 2030.

Trace Minerals in Feed Market to surpass USD 712 Million by 2030 from USD 470 Million in 2018 at a CAGR of 5.3% throughout the forecast period, i.e., 2019-30. Trace minerals in animal feed is expected to increase as nutritional awareness among farmers increases thus boosting the market. It is expected that knowledge of trace minerals and their roles would increase the demand for trace minerals in animal feed. Demand in Asia Pacific is expected to be strong due to large portions of cultivated land.

Trace Minerals in Feed Market: Segments

Iron segment to grow with the highest CAGR during 2019-30

Trace Minerals in Feed Market is segmented by Type as Iron, Zinc, Manganese, Copper, Cobalt, Chromium and Other. The Iron segment in Trace Minerals in Feed held the largest revenue share of XX.X% in 2019 as Iron is one of the most important minerals required for the optimum functioning of the body. Iron cannot be ingested in its elemental form; thus, it is available in the form of oxides and carbonates as additional alternatives to iron, red iron oxide, yellow iron oxide, ferrous sulphate and iron carbonate are used.

Trace Minerals in Feed Market: Market Dynamics

Drivers

Increasing Worldwide Meat and Fish Consumption

There has been a marginal effect of the global economic downturn on the global meat industry, which has retained its optimistic outlook. The Asia-Pacific and South American regions are projected to see the highest growth in meat consumption due to shifting diet habits, urbanisation, population and economic growth.

Restrain

Stringent regulatory framework

Regulatory specifications for different feed additives have been defined by regulatory bodies such as the European Commission and the U.S. Department of Agriculture (USDA). Over the years, thresholds have been lowered for critical minerals, such as zinc, copper, and manganese. Minerals, such as selenium and chromium, however, were used in the upper limits, which remained constant.

Trace Minerals in Feed Market: Key Players

• BASF

Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence and SWOT Analysis.

• ADM

• Kemin

• BluestarAdisseo

• Phibro

• Alltech

• DSM

• DLG Group

• Nutreco

• Zinpro

• Cargill

• Invivo

• Novus

Trace Minerals in Feed Market: Regions

Trace Minerals in Feed Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC and MENA.

Trace Minerals in Feed Market in Europe held the largest market share of 50.7% in the year 2018. The widespread use of trace minerals in European animal nutrition is due to the European Commission's focus in the early stages of growth on reducing input costs and improving animal health. In animal nutrition, the use of trace minerals depends on factors such as cost-effectiveness, availability, policies and regulations. The favourable conditions laid down by the European Commission, such as the rules relating to the use of feed materials, feed hygiene standards and regulations relating to undesirable substances in feed, have had a positive effect on the feed industry, which is expected to boost the growth of trace minerals in the feed sector in Europe.

Trace Minerals in Feed Market report also contains analysis on:

Trace Minerals in Feed Market Segments:

By Type:

• Zinc

• Copper

• Cobalt

• Manganese

• Iron

• Chromium

• Other

By Chelate type:

• Amino acids

• Proteinates

• Polysaccharides

• Other

By Form:

• Dry

• Liquid

By Livestock:

• Poultry

• Ruminant

• Swine

• Aquaculture

• Other

• Trace Minerals in Feed Market Dynamics

• Trace Minerals in Feed Market Size

• Supply & Demand

• Current Trends/Issues/Challenges

• Competition & Companies Involved in the Market

• Value Chain of the Market

• Market Drivers and Restraints

FAQs on Trace Minerals in Feed Market

· Which segment is anticipated to hold the largest market share

· At what CAGR is the market anticipated to grow between 2020 and 2030

· Who are the key players in the Trace Minerals in Feed Market

· What could be the challenging factors in the growth of Trace Minerals in Feed Market

· What are the growth drivers for the Trace Minerals in Feed Market

Contents

1. Executive Summary

2. Trace Minerals in Feed Market

2.1. Product Overview

2.2. Market Definition

2.3. Segmentation

2.4. Assumptions and Acronyms

3. Research Methodology

3.1. Research Objectives

3.2. Primary Research

3.3. Secondary Research

3.4. Forecast Model

3.5. Market Size Estimation

4. Average Pricing Analysis

5. Macro-Economic Indicators

6. Market Dynamics

6.1. Growth Drivers

6.2. Restraints

6.3. Opportunity

6.4. Trends

7. Correlation & Regression Analysis

7.1. Correlation Matrix

7.2. Regression Matrix

8. Recent Development, Policies & Regulatory Landscape

9. Risk Analysis

9.1. Demand Risk Analysis

9.2. Supply Risk Analysis

10. Trace Minerals in Feed Analysis

10.1. Porters Five Forces

10.1.1. Threat of New Entrants

10.1.2. Bargaining Power of Suppliers

10.1.3. Threat of Substitutes

10.1.4. Rivalry

10.2. PEST Analysis

10.2.1. Political

10.2.2. Economic

10.2.3. Social

10.2.4. Technological

11. Trace Minerals in Feed Market

11.1. Market Size & forecast, 2019A-2030F

11.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12. Trace Minerals in Feed: Market Segmentation

12.1. By Regions

12.1.1. North America:

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.2. Europe:

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.3. Asia-Pacific:

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.4. MEA:

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.5. Latin America:

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2. By Type: Market Share (2020-2030F)

12.2.1. Zinc, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.2. Copper, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.3. Cobalt, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.4. Manganese, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.5. Iron, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.6. Chromium, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3 By Chelate type: Market Share (2020-2030F)

12.3.1. Amino acids, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.2. Proteinates, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.3. Polysaccharides, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.4. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4. By form: Market Share (2020-2030F)

12.4.1. Dry, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4.2. Liquid, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.5 By livestock: Market Share (2020-2030F)

12.5.1. Poultry, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.5.2. Ruminant, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.5.3. Swine, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.5.4. Aquaculture, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

13. Company Profile

13.1.1. BASF

13.1.2. Company Overview

13.1.3. Company Total Revenue (Financials)

13.1.4. Market Potential

13.1.5. Global Presence

13.1.6. Key Performance Indicators

13.1.7. SWOT Analysis

13.1.8. Product Launch

13.2. ADM

13.3. Kemin

13.4. BluestarAdisseo

13.5. Phibro

13.6. Alltech

13.7. DSM

13.8. DLG Group

13.9. Nutreco

13.10. Zinpro

13.11. Cargill

13.12. Invivo

13.13. Novus

14 Consultant Recommendation

**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)