Animal feed minerals industry sales reached approximately USD 4.4 Billion at the end of 2024. Forecasts suggest the market will achieve a 3.9% compound annual growth rate (CAGR) and exceed USD 6.1 Billion in value by 2034.
Animal feed minerals include magnesium, calcium, phosphorus, iron, zinc, and other minerals (Copper, potassium, etc.).
There is a growing demand for minerals as animal feed because they help improve the development rate in calves, well utilization of engrossed nutrients, increase milk manufacture in animals, Improve reproductive productivity and reduce inter-calving period, Increase immunity status, Increase the productive life of animals, and Prevents metabolic illnesses such as milk fever, ketosis, haematuria which happen around calving period.
Mineral feeds are used in animal livestock for a variety of reasons, including muscular contraction, enzyme stimulation, bone growth, and preservation of acid/base pH in cattle bodies.
Animals are provided mineral feed by mixing it with foods like grass, pasture, grazing land, and many more.
Changing dietary preferences, leading to a shift towards more protein-rich diets that include increased consumption of meat and dairy products.
As consumers become more health-conscious and demand higher-quality animal products, producers are compelled to adopt modern farming practices that prioritize animal nutrition.
| Attributes | Description |
|---|---|
| Estimated Global Animal Feed Minerals Size (2024E) | USD 4.4 Billion |
| Projected Global Animal Feed Minerals Value (2034F) | USD 6.1 Billion |
| Value-based CAGR (2024 to 2034) | 3.9% |
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Increase in demand for feed minerals in dairy farming to rise in productivity of milk
The dairy segment holds prominent potential in the animal feed minerals market due to its effort to improve milk production and quality of milk. Minerals, such as copper zinc, and selenium, play a vital role in improving cattle health, generative performance, and milk yield.
Greater bioavailability chains better utilization and absorption, leading to more healthy immune systems and reduced disease rates in dairy cattle.
Increasing consumer demand for superior quality dairy products and sustainable farming practices. Minerals help dairy cattle convert feed into milk more efficiently, resulting in higher milk production per animal.
By optimizing nutrient utilization, these minerals contribute to improved feed efficiency, reducing feed costs and environmental impact
As the global population rises and consumer preferences shift towards premium dairy products, the demand for feed minerals in dairy farming is growing. Dairy producers are increasingly recognizing the benefits of including these minerals in their feed formulations to meet the rising demand for high-quality milk.
Increasing disposal income raises demand for High-quality animal products
The rise in disposable income, particularly in developing economies, is driving demand for high-quality animal products, such as meat, milk, and eggs. As household incomes increase, consumers tend to shift their dietary preferences towards more protein-rich foods, leading to a heightened consumption of animal-source products.
This trend is particularly pronounced in urban areas, where rising incomes relate to changing lifestyles and eating habits that favor higher-quality and more diverse dietary options.
With the growing demand for high-quality animal products, farmers are increasingly incorporating organic minerals into their animal feed. These minerals improve animal health, enhance growth rates, and boost productivity, resulting in higher-quality outputs that align with consumer expectations.
Consumers become more aware of the nutritional benefits of high-quality animal products, there is a growing market for fortified and enriched foods.
This trend encourages feed manufacturers to innovate and develop formulations that include essential minerals and nutrients, thereby improving the overall health and productivity of livestock.
Increasing worldwide meat and fish consumption drives the feed and mineral market
The increase in the global consumption of meat and fish drives the animal feed mineral industry due to global population increase and increased disposal income, particularly in South Asia and the Asia Pacific region.
The demand for protein-rich foods, including meat and seafood, is projected to surge. For instance, the global meat market is expected to grow.
Rising above requirements, livestock, and aquaculture producers are increasingly including essential minerals in animal feed to improve growth rates, reproductive performance, and overall health. These minerals, such as zinc, copper, and selenium, are vital for optimizing feed efficiency and ensuring the well-being of animals.
Global Animal feed minerals increased at a CAGR of 3.4% from 2019 to 2023. For the next ten years (2024 to 2034), projections are that expenditure on Animal feed minerals will rise at 3.9% CAGR
From 2019 to 2023, the global animal feed minerals market has experienced prominent growth, driven by an increasing population worldwide, increased demand for more nutritional milk, and rising awareness of animal health.
From 2024 through 2034, it is anticipated that the sales will bolster at a rapid pace. Prominent factors that support the growing sales are increased consumption of animal-based products such as milk, meat, seafood, and many more.
Principal Consultant
Several major players, including Cargill Inc., Nutrco NV, Archer Daniels Midland Co., Alltech Inc., Mercer Milling Co. Inc., Royal DSM NV, and many other companies dominate the global animal feed minerals industry. These business leaders constitute a significant value share.
These businesses have extensive excellent manufacturing processes and differentiate themselves from the competition through an intricate delivery network, regional presence, and the development of new products. Their products are widely present internationally.
They provide a diverse product portfolio accompanied by modern packaging formats. They prioritize regulatory compliance to increase consumer trust and brand loyalty.
Regional brands include Yara International (Bolifor®), Phibro Animal Health, and others. A particular asset is their capacity to supply to local consumers' special needs
Africa.
The table below highlights revenue from product sales in key countries. The United States and China are predicted to remain top consumers, with estimated valuations of USD 3.6 Billion and USD 2.4 Billion, respectively, by 2034.
| Country | Value (2034) |
|---|---|
| United States | USD 1.5 Billion |
| Germany | USD 0.7 Billion |
| Japan | USD 0.5 Billion |
| China | USD 1.2 Billion |
| India | USD 0.9 Billion |
The following table shows the estimated growth rates of the top three industries. China and India are set to exhibit Animal feed minerals consumption, recording CAGRs of 9.1% and 10.6%, respectively, through 2034.
| Country | CAGR, 2024 to 2034 |
|---|---|
| United States | 4.6% |
| Germany | 5.2% |
| Japan | 8.1% |
| China | 7.6% |
| India | 10.7% |
The sale of Animal feed minerals in the United States is projected to exhibit a CAGR of 4.6% during the assessment period by 2034, and revenue from the sales of Animal feed minerals in the country is expected to reach USD 1.5 Billion.
The growing demand for livestock products, including dairy, egg, and meat, is a key driver of the United States animal feed mineral market. Increased attention and awareness among dairy producers concerning animal feed care are also contributing to market growth.
Government and international organizations, such as the FAO, highlight the health and safety of animal-based foods for human consumption, which supports the robust growth of the United States animal feed mineral market.
The United States animal feed market is set for considerable growth, driven by increased livestock product demand, developments in feed safety, and significant developments by leading companies such as Ingredion, Cargill, BASF, Alltech, DSM, and ADM.
Animal feed minerals demand in Germany is expected to rise at a value CAGR of 5.2% during the forecast period 2024 to 2034. By 2034, Germany is expected value share to account for 16.5% of Animal feed minerals sales in Europe.
In Germany, enhancing feed efficiency and promoting gut health in animals are dominant concerns in the animal feed mineral industry. Animal feed mineral manufacturers are investing in the development of new product innovations that optimize nutrient absorption and gut microbiota balance, ultimately improving animal performance and well-being.
The demand for animal feed minerals in Germany is significantly boosted by improvements in feed efficiency and gut health, which are critical for enhancing livestock productivity.
As the livestock sector evolves, there is an increasing emphasis on optimizing feed formulations to ensure that animals receive the necessary nutrients for growth and health.
Consumption of Animal feed minerals in India is expected to increase at a value CAGR of 10.7% over the next ten years. By 2034, the sale size is forecasted to reach USD 0.9 Billion, with India expected to account for a market share of 21.5% in South Asia.
Population growth in India is a key driver of increased demand for animal feed minerals, and the country's expanding need for animal-based protein sources. As the population is projected to exceed 1.5 billion by 2030, the demand for meat, dairy, and eggs is rising, requiring a corresponding increase in livestock production.
This demand is particularly evident in the dairy and poultry sectors, where India is already a global leader, being the largest producer of milk and one of the top producers of eggs.
To meet this growing demand, livestock producers are increasingly turning to fortified animal feed that includes essential minerals, which play a critical role in maintaining animal health and optimizing production efficiency.
Macrominerals such as calcium, phosphorus, and magnesium are vital for the growth and productivity of livestock, particularly ruminants, which account for over half of the feed minerals market in India.
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| Segment | Zinc (Mineral Type) |
|---|---|
| Value Share (2024) | 34.5% |
Sales of Zinc Animal feed minerals are projected to register a CAGR of 5.7% from 2024 to 2034
Zinc is an essential trace mineral essential by animals for various physiological functions, including resistance, reproduction, hoof integrity skin, hoof integrity, muscle development, and eggshell quality and milk production.
When animals receive a proper balance of organic trace minerals, they are better able to manage the challenging effects of stress.
The Food and Agriculture Organization (FAO) projects a 70% increase in global meat production by 2050 to meet rising protein needs. As the livestock industry seeks sustainable and efficient nutrient solutions, driven by the demand for high-quality animal products and sustainable farming practices, the zinc mineral type is expected to remain dominant in the animal feed minerals market.
| Segment | Dry (Form) |
|---|---|
| Value Share (2024) | 73.5% |
The rapidly growing popularity of the dry-form Animal feed minerals segment is anticipated to advance at 5.4% CAGR during the projection period.
The dry form of animal feed minerals is the most popular among all forms, accounting for a significant portion of the market share. This dominance is driven by several factors, including ease of handling, longer shelf life, and lower costs compared to liquid forms.
Animal feed mineral manufacturers normally choose the dry form due to its simplicity in handling and storage. Dry powders often have a low moisture content, reducing the rate of deterioration and allowing for longer shelf life.
This makes them ideal for maintaining the stability and quality of the minerals during transportation and storage. Dry forms are more cost-effective to produce, as they have lower bulk weight and require less packaging and shipping.
| Segment | Dairy (Animal Type) |
|---|---|
| Value Share (2024) | 35.5% |
The rapidly growing dairy animal segment is anticipated to advance at 5.2% CAGR during the projection period.
Dairy animals, particularly cows and buffaloes, have the highest consumption of animal feed minerals compared to other livestock species. This is due to their unique nutritional requirements, driven by their physiological functions and high productivity levels.
Dairy cows and buffaloes require a well-balanced diet rich in essential macro and micro minerals to maintain optimal health, support milk production, and ensure reproductive efficiency.
Minerals such as calcium, phosphorus, magnesium, and sodium play crucial roles in bone development, muscle function, and maintaining the acid-base balance in the body. Trace minerals like zinc, copper, manganese, and selenium are essential for immune function, hoof health, and fertility
The increasing awareness among dairy farmers about the importance of mineral supplementation in preventing diseases and improving overall livestock health is further contributing to the high consumption of animal feed minerals.
There are various key players in the industry such as Cargill Inc., Nutrco NV, Archer Daniels Midland Co., Alltech Inc., Mercer Milling Co. Inc., and Royal DSM NV these key players mainly focus on launching new products and product developments.
Owing to the various application possibilities of Animal feed minerals, key manufacturers are trying to churn out more areas of utilization of the product considering its extremely potent health benefits.
Brands strength also distinguish their animal feed mineral products by offering specialized ingredients, unique formulations, and exact benefits custom-made for different animal species. This strategy allows them to stand out in the market and meet specific requirements.
Many animal feed brands would adopt sustainable and eco-friendly practices to meet the rising demand for ecologically accountable products. They straight source ingredients from sustainable agriculture, and reduce and minimize waste water and energy consumption.
Recent Developments:
In 2022, Avitech Nutrition launched Performins which is a brand of organic trace mineral Performins derives through a distinct 4S advantage of Size, Solubility, Specificity, and Stability and is intended for improved bio-availability, absorption, and animal performance.
Performins has been launched in 4 variations including Performins Layer, Performins Broiler Performins Breeder, and Performins Dairy CMZ. It is existing in a 25 Kg HDPE bag. Performing represents the top result among various organic minerals available in the market.
By Size, the segment has been categorized into Magnesium, Calcium, Phosphorus, Iron, Zinc, and Others (Copper, Potassium, etc.)
Different Animal types Dairy Animals (Goat, Buffalo, Cow, etc.), Poultry, and Swine, Aquaculture, Equine and Others (pets, small animals)
Different Forms included Dry and Liquid
Different sales channels which included Direct Sales, Indirect Sales, Modern Trade, Animal Feed Stores, Veterinary Clinics, and Online Retailers
Industry analysis has been carried out in key countries of North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa
The global Animal feed minerals sale is estimated at a value of USD 4.4 Billion in 2024.
Cargill Inc., Nutrco NV, Archer Daniels Midland Co., Alltech Inc., Mercer Milling Co. Inc., Royal DSM NV, and other manufacturers of Animal feed minerals.
The North American sector is projected to hold a revenue share of 24.5% over the forecast period.
Europe holds an 18.5% share of the global industry for Animal feed minerals.
1. Executive Summary
2. Industry Introduction, Including Taxonomy and Market Definition
3. Market Trends and Success Factors, Including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections
5. Pricing Analysis
6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034
6.1. Mineral Type
6.2. Animal
6.3. Form
6.4. Sales Channel
6.5. Region
7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Mineral Type
7.1. Magnesium
7.2. Calcium
7.3. Phosphorus
7.4. Iron
7.5. Zinc
7.6. Others (Copper, Potassium, etc.)
8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Animal
8.1. Poultry
8.2. Swine
8.3. Ruminants
8.4. Aquaculture
8.5. Equine
8.6. Others (pets, small animals)
9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Form
9.1. Dry
9.2. Liquid
10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Sales Channel
10.1. Direct Sales
10.2. Indirect Sales
10.3. Modern Trade
10.4. Animal Feed Stores
10.5. Veterinary Clinics
10.6. Online Retailers
11. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region
11.1. North America
11.2. Latin America
11.3. Western Europe
11.4. Eastern Europe
11.5. East Asia
11.6. South Asia and Pacific
11.7. Middle East and Africa
12. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
13. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
14. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
15. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
16. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
17. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
18. Middle East and Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
19. Sales Forecast 2024 to 2034 by Mineral Type, Animal, Form, and Sales Channel, for 30 Countries
20. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
21. Company Profile
21.1. Yara International (Bolifor®)
21.2. Phibro Animal Health
21.3. Zinpro Corp.
21.4. Royal DSM NV
21.5. Pancosma SA
21.6. Nutrco NV
21.7. Novus International Inc.
21.8. Mercer Milling Co. Inc.
21.9. Cargill Inc.
21.10. Tanke International Group
21.11. Biochem
21.12. Archer Daniels Midland Co.
21.13. Alltech Inc.
21.14. Kemin Industries Inc.
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Animal Feed Minerals Market
