Mineral Feed Market Report 2025

The mineral feed market size has grown strongly in recent years. It will grow from $5.01 billion in 2024 to $5.29 billion in 2025 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to livestock population growth, rising awareness of animal nutrition, intensification of livestock farming, government initiatives for livestock health, focus on animal welfare.

The mineral feed market size is expected to see strong growth in the next few years. It will grow to $6.46 billion in 2029 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to focus on sustainable agriculture, increased meat consumption, technological innovations in feed additives, precision livestock farming, regulatory emphasis on animal nutrition climate, change adaptation. Major trends in the forecast period include growing emphasis on animal nutrition and health, rising adoption of specialty minerals, regulatory compliance and quality assurance, technological advancements in feed manufacturing, focus on sustainable and ethical sourcing.

The anticipated rise in the demand for nutritional supplements is set to drive the growth of the mineral feed market. Mineral feeds, essential for the proper growth, development, and health of livestock animals, provide necessary minerals and trace elements. As the demand for animal products increases, optimizing livestock farming efficiency becomes crucial, achievable through specifically formulated mineral feeds addressing nutritional gaps. An online survey by The Council for Responsible Nutrition (CRN) in 2022 revealed that 75% of Americans use dietary supplements, indicating a substantial and regular user base. Consequently, the surge in demand for nutritional supplements is a key factor propelling the growth of the mineral feed market.

The growing demand for animal-based food products is expected to drive the growth of the mineral feed market in the coming years. This rising demand leads to increased livestock production, highlighting the need for optimal nutrition to improve animal health, reproductive performance, and growth rates. Mineral feeds are essential for meeting the specific nutritional needs of livestock, ensuring the quality of animal-derived products, and supporting adherence to animal welfare standards. For example, a March 2024 report from Vegconomist, a U.S.-based vegan business magazine covering the plant-based industry, indicates that 10-30% of Europeans are obese, prompting many in the UK to adopt plant-based diets for weight loss. Approximately 40% of consumers show interest in plant-based alternatives to meat and dairy, while per capita meat consumption is on the decline. Overall, the vegan food market in the UK is growing at a rate of 9.58%. Thus, the increasing demand for animal-based food products is fueling the expansion of the mineral feed market.

Product innovation is a significant trend gaining traction in the mineral feed market. Major companies in the mineral feed industry are prioritizing the development of innovative solutions to enhance their market positions. For example, in June 2023, Evonik Industries, a Germany-based chemicals company, launched Biolys. This new formulation boasts 62.4% L-lysine, representing an 80% ratio to Lysine HCl, compared to the previous version, which contained 60% L-lysine at a 77% ratio. Additionally, the updated product incorporates valuable nutrients and energy derived from its fermentation process, benefiting livestock such as swine and poultry.

Major companies in the mineral feed market are also exploring new alternatives to antibiotics for livestock to enhance their competitiveness. Antibiotic alternatives for poultry, crucial for treating or preventing bacterial infections, have become essential in response to the removal of in-feed antibiotics. Amlan International, a US-based animal feed company, launched Phylox Feed and NeutraPath in April 2022 to address challenges associated with antibiotic-free poultry and livestock production. Phylox Feed acts as a natural alternative to anticoccidial drugs, providing a blend of bioactive phytochemicals to combat coccidiosis, while NeutraPath serves as a natural pathogen control product, reducing bacterial load and enhancing overall performance. These innovations cater to the growing demand for antibiotic-free animal production.

In April 2022, Aceto Corporation, a US-based pharmaceutical marketing and distribution company, acquired Biotron Laboratories and Talus Mineral Company. This strategic acquisition enhances Aceto's position in the life sciences industry, particularly in nutraceuticals, due to Biotron Laboratories' specialized minerals and Talus Mineral Company's expertise in mineral ingredient manufacturing for supplements.

Major companies operating in the mineral feed market include Nutreco NV, Novus International Inc., Kemin Industries, Cargill Incorporated, Koninklijke DSM NV, Brilliant Bio Pharma Pvt. Ltd., Purina Mills LLC, Josera Petfood GmbH and Co. KG, Kalmbach Feeds Inc., Ranch-Way Inc., BASF SE, Novozymes A/S, Mercer Milling Company, Pancosma SA, Archer-Daniels-Midland Company, Adisseo France SAS, Alltech Inc., Animine, Bio Minerals NV, Biochem Zusatzstoffe Handels, Bioiberica SAU, Biomin Holding GmbH, CJ CheilJedang Corp., Danisco Animal Nutrition, Davidsons Animal Feeds, De Heus Vietnam LLC, Evonik Industries AG, Global Animal Products Inc., JH Biotech Inc., Kay Dee Feed Company, Lallemand Animal Nutrition Inc.

Asia-Pacific was the largest region in the mineral feed market in 2024. Middle East and Africa is expected to be the fastest-growing region in the mineral feed market report during the forecast period. The regions covered in the mineral feed market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the mineral feed market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Mineral feed refers to a substance or a combination of substances designed to primarily provide inorganic nutrition or essential mineral elements to animals that may be lacking in their regular diet. Typically, mineral feed is added to an animal's diet in small quantities to supplement their daily nutrient intake.

The main types of macro minerals in mineral feed include calcium, phosphorus, magnesium, potassium, and others. Calcium, for instance, is a crucial mineral essential for various biological processes such as muscle contraction, nerve function, blood clotting, and bone formation. It is commonly included in animal feed to ensure adequate nutrition, particularly for animals in the growth phase, as it plays a vital role in maintaining strong bones. Micro minerals in mineral feed encompass iron, copper, zinc, and others. These micro minerals find application in the diets of various animals, including ruminants, poultry, swine, aquaculture, and others, contributing to their overall nutritional needs.

The mineral feed market research report is one of a series of new reports that provides mineral feed market statistics, including mineral feed industry global market size, regional shares, competitors with a mineral feed market share, detailed mineral feed market segments, market trends and opportunities, and any further data you may need to thrive in the mineral feed industry. This mineral feed market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The mineral feed market consists of sales of sodium, iodine, and selenium. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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