The global Organic Trace Minerals market is estimated to be worth USD 938.7 million in 2024 and is projected to reach a value of USD 1,768.2 million by 2034, expanding at a CAGR of 6.5% over the assessment period of 2024 to 2034
Organic trace minerals are important minerals that are bound to organic molecules like amino acids and peptides. This bonding approach is also known as Chelation which further improves stability and digestibility of the minerals, which makes it easy to be absorbed by the body. These minerals includes, Zinc, Copper, Manganese, Iron, Selenium, and Chromium.
These minerals increases livestock’s immunity by improving their metabolic efficiency and nutrient absorption capability, organic trace minerals further reduces stress and promotes overall health and adaptability. This is important for high performance animals, which ensures better growth, disease resistance and productivity.
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As knowledge about the importance of micronutrient is rising, more individuals are searching out for supplements with bioavailable essential minerals to solve the problem of nutritional deficiencies. Theses supplements supports overall health, energy levels and immune system.
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Attributes | Description |
---|---|
Estimated Global Organic Trace Minerals Industry Size (2024E) | USD 938.7 million |
Projected Global Organic Trace Minerals Industry Value (2034F) | USD 1,768.2 million |
Value-based CAGR (2024 to 2034) | 6.5% |
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Adoption of Sustainable Farming Practices
Sustainable agriculture is driving the acceptance of organic trace minerals, which are more eco-friendly. These minerals are effectively utilized by plants and animals, which leads to reduced waste and environment impact.
By improving nutrient absorption and minimizing leakage, these minerals support healthy ecosystems and promote long-term soil fertility, which goes with the goals of sustainable farming practices. This shift further helps to ensure a more sustainable and strong agricultural system.
Farmers use organic selenium supplements for cows, which are more efficiently absorbed than inorganic forms. This reduces the amount of selenium secreted into the environment, minimizing pollution. Additionally, it improves the health and productivity of the cows, leading to better milk quality and yield, all while supporting environmental sustainability.
Changing regulations for Animal Feed Industry
Stricter regulations on antibiotic use in animal feed is increasing the demand for alternative health-promoting supplements like inclusion of organic trace minerals. These minerals improve animal health and immunity without the risks associated with antibiotics.
By improving nutrient absorption and reducing disease tendency, they offer a sustainable solution that goes with regulatory standards, which ensures a safer and more responsible livestock farming practices.
In 2006, European Union’s banned the use of antibiotics as growth promoters in animal feed. This has increased the use of organic trace minerals, such as zinc and copper chelates, to enhance animal health and growth naturally.
Advancements in Mineral Chelation Technology
Due to advancements in chelation technology, bioavailability and effectiveness of organic trace minerals is considerable growing. By binding minerals with organic molecules, chelation improves their absorption and utilization in animals and humans.
This leads to better health results, as the minerals are more effectively provided to where they are needed. These innovations also reduce waste and environmental impact, which makes organic trace minerals a more sustainable choice for nutrition.
Development of glycine-chelated minerals, this innovation improved the bioavailability of minerals like iron, zinc, and magnesium by binding them to glycine, an amino acid. This chelation process improves absorption and reduces gastrointestinal discomfort often associated with mineral supplements.
Consumer’s preference for Personalized Nutrition
As individuals are figuring out diets specific to their health needs. This method involves customizing mineral supplements is based on individual factors like genetics, lifestyle, and health conditions.
By specifically addressing nutrient deficiencies and optimizing health results, personalized nutrition assures more effective and targeted solutions. This is rising by advancements in technology and a growing understanding of the role of micronutrients in overall well-being.
In 2020, Nestle launched “Nestlé’s Wellness Ambassador” program in Japan. This initiative uses artificial intelligence, DNA testing, and meal analysis to create customized food and supplement recommendations tailored to individual health needs. By leveraging advanced technology, the company is aiming to provide personalized nutrition solutions that improves overall well-being
Global Organic Trace Minerals sales increased at a CAGR of 4.1% from 2019 to 2023. For the next ten years (2024 to 2034), projections are that expenditure on Organic Trace Minerals will rise at 6.5% CAGR
Regulatory compliance in the feed industry is important to ensure animal health and safety. Encapsulation plays an important role in meeting these stringent standards by protecting the stability and effectiveness of feed additives.
By encapsulating minerals, manufacturers are able to prevent degradation caused by environmental factors, which ensures that the additives remain effective throughout their shelf life. This stability is essential for maintaining consistent nutrient delivery, which is a key requirement for regulatory approval.
In United States, the Food and Drug Administration (FDA) oversees these regulations under the Animal Feed Safety System (AFSS). The AFSS ensures that animal feed, including encapsulated additives like minerals and nutrients, meets stringent safety standards to protect animal health.
The rising popularity of plant-based diets are mostly leading to shortage of essential minerals like iron, calcium, and Zinc which are found more in animal products, this is further driving the need of mineral supplements to provide balanced nutrition and prohibiting deficiencies.
Moreover, as the global population is ageing, there is a growing demand for supplements that support bone health, cognitive function, and overall vitality. Hence, older adults are requiring higher levels of certain minerals to maintain health and prevent age-related conditions like osteoporosis and cognitive decline.
Tier 1 companies comprise industry leaders with market revenue of above USD 100 million sales domain share of 35% to 45% in the global sphere. These business leaders are characterized by high production capacity and a wide product portfolio.
These trade leaders are distinguished by their extensive expertise in manufacturing and reconditioning across multiple packaging formats and a broad geographical reach, underpinned by a robust consumer base. Prominent companies within tier 1 include Trouw Nutrition, Kemin Industries, DSM Nutritional Products, ADM Animal Nutrition, BASF SE, Nutreco N.V., NOW Foods, Garden of Life, and Nature’s Bounty
Tier 2 companies include mid-size players with revenue of USD 25 to 100 million having presence in specific regions and highly influencing the local retail space. These are characterized by a strong presence overseas and strong consumer base knowledge.
These industry players have good technology and ensure regulatory compliance but may not have advanced technology and wide global reach. Prominent companies in tier 2 include Alltech Inc., Novus International, Inc., Balchem Corporation, Vitamins China, Solgar, Inc., Bluebonnet Nutrition, and MegaFood.
Tier 3 includes the majority of small-scale companies operating at the local presence and serving niche demand space having revenue below USD 5 million. These companies are notably oriented towards fulfilling local marketplace demands and are consequently classified within the tier 3 share segment.
They are small-scale players and have limited geographical reach. Tier 3, within this context, is recognized as an unorganized field, denoting a sector characterized by a lack of extensive structure and formalization when compared to organized competitors.
Moreover, forming strategic partnerships with research institutions, universities, and other industry players will help in sharing knowledge and resources. This collaborative approach can lead to innovative solutions and a stronger market presence.
The table below highlights revenue from product sales in key countries. United States and China are predicted to remain top consumers, with estimated trade valuations of USD 282.9 million and USD 229.9 million, respectively, by 2034.
Countries | Market Value (2034) |
---|---|
United States | USD 282.9 million |
China | USD 229.9 million |
Brazil | USD 141.5 million |
Germany | USD 88.4 million |
India | USD 84.9 million |
The following table shows the estimated growth rates of the top five sales domain. India and Germany are set to exhibit high Organic Trace Minerals consumption, recording CAGRs of 6.0% and 5.4%, respectively, through 2034.
Countries | CAGR 2024 to 2034 |
---|---|
United States | 3.4% |
China | 4.2% |
Brazil | 4.0% |
Germany | 5.4% |
India | 6.0% |
The retail space for Organic Trace Minerals in the United States is projected to exhibit a CAGR of 3.4% during the assessment period. By 2034, revenue from the sales of Organic Trace Minerals in the country is expected to reach USD 282.9 million.
The United States is leading when it comes to adopting advanced agricultural technologies, which include Organic Trace Minerals as well, to enhance feed efficiency and animal health. By using encapsulation, USA farmers can provide more precise and controlled mineral delivery, leading to healthier and more productive livestock.
Additionally, the USA boasts a major livestock and poultry industry, which drives the demand for efficient and effective feed solutions. With millions of animals to feed, there is a constant need for high-quality feed that supports growth and productivity.
Encapsulation technologies helps in meeting this demand by improving feed efficiency, reducing waste, and ensuring that animals receive the necessary minerals for optimal health and growth. This blend of advanced practices and a large-scale industry positions the USA as a leader in the global organic trace minerals market, driving innovation and adoption of these technologies.
Consumption of Organic Trace Minerals in Brazil is projected to increase at a value CAGR of 4.0% over the next ten years. By 2034, the business size is forecasted to reach USD 141.5 million.
The Brazilian government and private sector are heavily investing in R&D to boost aquaculture practices. This includes developing advanced feed technologies like minerals, which improves feed efficiency and nutrient absorption. These investments aim to boost productivity, sustainability, and profitability in the aquaculture sector, ensuring high-quality and environmentally friendly production of fish and shrimp.
Organic Trace Minerals demand in India is calculated to rise at a value CAGR of 6.0% during the forecast period (2024 to 2034). By 2034, India is expected to account for 34.8% of Organic Trace Minerals sales in South Asia.
As livestock and poultry industry in India is expanding, there is a heightened demand for high-quality feed that can support animal health, enhance productivity, and ensure sustainable growth. This growth is driven by several factors, including advancements in breeding techniques, better farm management practices, and increased investment in the sector.
At the same time, consumer demand for high-quality animal products is on the rise. Consumers are searching for products that are not only nutritious but also produced in a manner that ensures animal welfare and environmental sustainability. This shift in consumer preferences is pushing producers to adopt advanced feed solutions that can improve the overall quality of animal products.
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Segment | Powder (Form) |
---|---|
Value Share (2024) | 28% |
The usage of powder form in Organic Trace Minerals is projected to register a CAGR of 3.2% from 2024 to 2034.
Powder form of organic trace minerals offer various benefits. Their ease of mixing provides uniform distribution in animal feed and human supplements, which provides consistent nutrient delivery. Powders also shows improved stability and longer shelf life compared to liquid forms, which reduces the risk of degradation over time.
Further, advances in chelation technology has considerably improved the bioavailability of these minerals, improving their absorption and effectiveness in the body. Additionally, powders are highly versatile, can be easily included into various formulations such as premixes, supplements, and fortified foods. This versatility allows for customized nutritional solutions across different applications, which addresses to the specific requirement of animals and humans.
Segment | Zinc (Mineral Type) |
---|---|
Value Share (2024) | 31.6% |
The zinc mineral type segment is anticipated to advance at 4.0% CAGR during the projection period.
The demand for zinc in the organic trace minerals industry is increased by its important role in both animal and human health. Zinc is crucial for immune function, growth, and reproduction, making it essential. Advances in chelation technology have improved the bioavailability of organic zinc, which has improved its absorption and effectiveness.
In livestock, zinc offers better health and productivity, which reduces the need for antibiotics and promotes sustainable farming practices. For humans, zinc supplements are popular for promoting immune health and addressing deficiency problems, particularly in plant-based diets. Additionally, rigorous regulations on inorganic minerals and antibiotics in animal feed are stimulating the use of organic zinc.
The Organic Trace Minerals market encompasses a diverse and dynamic competitive landscape. Leading Organic Trace Minerals manufacturing companies are focusing on research and development, sustainable sourcing, and new formulations. They are also emphasizing environment-friendly practices and product certifications to satisfy the increasing demand for natural and sustainable ingredients.
With numerous companies vying for a share of the market. These companies compete on various factors, including the quality of their products, pricing, distribution channels, and their ability to innovate.
Price is another significant factor in the competitive landscape of the organic trace minerals market. Producers are willing to pay a premium for high-quality product type, but they also seek cost-effective solutions that can enhance their bottom line.
Innovation is the final competitive factor in the organic trace minerals market. Companies that can create and bring to market new products that meet these needs are likely to gain a competitive edge over their rivals.
For instance
As per mineral type, the market has been categorized into zinc, copper, manganese, iron, selenium, chromium, and others.
As per application type, the market has been categorized into animal feed (ruminants, swine, poultry, aquaculture, equine, pets, others), and human nutrition.
This segment is further categorized into powder, liquid, premixes, granules, and bolus.
As per application, the market has been categorized into commercial feed manufacturers, individual farmers & ranchers, veterinary use, animal supplements producers, and dietary supplements & fortified food manufacturers.
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 Organic Trace Minerals market is estimated at a value of USD 938.7 million in 2024.
Sales of Organic Trace Minerals increased at 4.1% CAGR between 2019 and 2023.
Kemin Industries, DSM Nutritional Products, ADM Animal Nutrition, BASF SE, Nutreco N.V., NOW Foods, Garden of Life, and Nature’s Bounty are some of the leading players in this market.
The North America market is projected to hold a revenue share of 36.4% over the forecast period.
East Asia holds 28.6% share of the global market for Organic Trace 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. Application Type 6.3. Form 6.4. End User 6.5. Region 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Mineral Type 7.1. Zinc 7.2. Copper 7.3. Manganese 7.4. Iron 7.5. Selenium 7.6. Chromium 7.7. Others 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Application Type 8.1. Animal Feed 8.1.1. Ruminants 8.1.2. Swine 8.1.3. Poultry 8.1.4. Aquaculture 8.1.5. Equine 8.1.6. Pets 8.1.7. Others 8.2. Human Nutrition 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Form 9.1. Powder 9.2. Liquid 9.3. Premixes 9.4. Granules 9.5. Bolus 10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by End User 10.1. Commercial Feed Manufacturers 10.2. Individual Farmers & Ranchers 10.3. Veterinary Use 10.4. Animal Supplements Producers 10.5. Dietary Supplements & Fortified Food Manufacturers 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. Balkans & Baltic 11.6. Russia & Belarus 11.7. Central Asia 11.8. East Asia 11.9. South Asia & Pacific 11.10. Middle East & 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. Balkans & Baltic Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 17. Russia & Belarus Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 18. Central Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 19. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 20. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 21. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 22. Sales Forecast 2024 to 2034 by Mineral Type, Application Type, Form, and End User for 30 Countries 23. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 24. Company Profile 24.1. Zinpro Corporation 24.2. Alltech Inc. 24.3. Trouw Nutrition 24.4. Kemin Industries 24.5. Novus International, Inc. 24.6. Balchem Corporation 24.7. DSM Nutritional Products 24.8. Phibro Animal Health Corporation 24.9. ADM Animal Nutrition 24.10. BASF SE 24.11. Vitamins China 24.12. Bluestar Adisseo Company 24.13. Nutreco N.V. 24.14. Pancosma S.A. 24.15. Solgar, Inc. 24.16. NOW Foods 24.17. Garden of Life 24.18. Thorne Research 24.19. Pure Encapsulations 24.20. Metagenics 24.21. Bluebonnet Nutrition 24.22. MegaFood 24.23. Nature’s Bounty
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