Animal Feed
Trace Minerals
Market
Animal Feed Trace Minerals Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Animal Feed Trace Minerals Market Size and Growth
The global animal feed trace minerals market is projected to reach a value of $1.55 billion by 2026, with a CAGR of 5.7% during the forecast period. The market is driven by the increasing demand for high-quality meat products and the growing awareness about the importance of trace minerals in animal nutrition.
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Companies Covered (Covid 19 Impact Covered)
◍ Alltech
◍ Archer Daniels Midlands Company
◍ BASF
◍ Cargill
◍ Kemin Industries
◍ Tanke
◍ Pancosma
◍ Zinpro
The competitive landscape of the Animal Feed Trace Minerals Market includes key players such as Alltech, ADM, BASF, Cargill, Kemin Industries, Tanke, Pancosma, and Zinpro. These companies offer innovative solutions using trace minerals to improve animal health and performance, ultimately driving growth in the market.
- Alltech: $3.6 billion (2018)
- ADM: $64.35 billion (2019)
- Cargill: $114.7 billion (2020)
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Market Segmentation
By Application
◍ Ruminants
◍ Poultry
◍ Swine
◍ Others
By Product
◍ Organic Animal Feed Trace
Minerals
◍ Inorganic Animal Feed Trace
Minerals
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