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Report
Global Zinc Micronutrient for Animal Feed Market Report and Forecast 2023-2028
Market Report I 2023-01-03 I 142 Pages I EMR Inc.
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
*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
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
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