Product Code: MRFR/AGR/5324-CR
Market Overview
The chelated Trace Minerals Market Size is projected to enroll a huge build yearly development rate (CAGR) of 7.63% during the figure time frame. Chelated trace minerals are a sort of mineral wherein the metal components are clung to a chelating specialist to keep the complex intact. Amino acids, polysaccharide edifices, proteinates, yeast derivate buildings, and propionates are the different chelating specialists that play out the holding capability in chelated trace minerals. Chelated trace minerals are broadly utilized for different applications including creature feed, drugs, compost, dietary enhancements, and so on.
Compound feed, otherwise called mixed feed, is a combination of different fixings including grains, protein sources, minerals, and nutrients, intended to give every one of the important supplements expected by domesticated animals. Throughout the course of recent many years, there has been a critical expansion in the creation of compound feed, and this pattern is supposed to go on from now on. One of the essential drivers of the expanded creation of compound feed is the development of the worldwide populace. With a rising interest in food, there is a need to increment food creation, which incorporates meat, dairy items, and eggs.
Market Segmentation
The Chelated trace minerals Market division, in view of the kind, incorporates zinc, iron, cobalt, copper, chromium, and others.
The Chelated trace minerals Market information has been bifurcated by chelating specialists into amino acids, polysaccharide complexes, proteinate, and others.
In view of utilization, the worldwide chelated trace minerals industry has been divided into creature feed, dietary enhancements, drugs, compost, and others.
Regional Analysis
The North America chelated trace minerals market is supposed to extend at a critical rate over the extended period, as indicated by Market Exploration Future. The act of consolidating chelated trace minerals as an enhancement is normal among the various phases of diets in US pig cultivating. Selenium is the most well-known chelated trace mineral utilized in pigs and consumes fewer calories.
Europe's chelated trace minerals market represents the second biggest market share starting around 2021. The rising creation and utilization of poultry meat, protein-rich pork meat, and dairy items combined with the developing usage of chelated trace minerals in creature feed for better development, quality, and efficiency of the creatures are supposed to drive the development of the market in the region.
Asia-Pacific chelated trace minerals market represents the biggest market share starting around 2021. China chelated trace minerals market represents a significant share of the region. This makes China the world's biggest maker of pork meat creation and pig cultivating separated from elevated degrees of utilization as pork meat is a significant piece of their way of life. The Middle East chelated trace minerals market section is likewise seeing a critical interest in The Service of Horticulture, animals, and food supply, Brazil has prohibitions on the use of anti-toxins in creature creation for execution upgrade.
Major Players
The leading players in the chelated trace minerals industry are BASF (Germany), Nutreco (Netherlands), Titan Biotech (India), DSM NV(Netherlands) Kemin Industries (US), Alltech (US), Glanbia PLC (Ireland), Balchem (US), Innophos (US), Novus Interantional (US).
TABLE OF CONTENTS
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
- 1.1 GLOBAL CHELATED TRACE MINERALS MARKET, BY TYPE. 18
- 1.2 GLOBAL CHELATED TRACE MINERALS MARKET, BY CHELATING AGENT. 19
- 1.3 GLOBAL CHELATED TRACE MINERALS MARKET, BY APPLICATION
- 1.4 GLOBAL CHELATED TRACE MINERALS MARKET, BY REGION
2 MARKET INTRODUCTION
- 2.1 SCOPE OF THE STUDY. 22
- 2.2 RESEARCH OBJECTIVE. 22
- 2.3 MARKET STRUCTURE. 23
- 2.4 KEY BUYING CRITERIA
3 RESEARCH METHODOLOGY. 24
4 MARKET DYNAMICS
- 4.1 INTRODUCTION
- 4.2 DRIVERS. 32
- 4.2.1 SURGE IN THE PRODUCTION OF COMPOUND FEED. 32
- 4.2.2 RISING NEED FOR ANIMAL PROTEIN IN THE DIET OF PEOPLE. 32
- 4.2.3 DRIVERS IMPACT ANALYSIS. 33
- 4.3 RESTRAINT. 34
- 4.3.1 STRICT REGULATORY FRAMEWORK REGULATING THE MAXIMUM AMOUNTS OF VARIOUS MINERALS THAT ARE PERMITTED IN FEED PRODUCTS. 34
- 4.3.2 RESTRAINTS IMPACT ANALYSIS. 35
- 4.4 OPPORTUNITY. 35
- 4.4.1 INCREASED BIOAVAILABILITY OF TRACE MINERALS. 35
- 4.5 CHALLENGES. 36
- 4.5.1 EXCESSIVE COSTS ASSOCIATED WITH THE USE OF TRACE MINERALS AS AN ADDITIVE. 36
5 MARKET FACTOR ANALYSIS
- 5.1 VALUE CHAIN ANALYSIS. 37
- 5.1.1 RAW MATERIAL PROCUREMENT. 38
- 5.1.2 PROCESSING
- 5.1.3 PACKAGING
- 5.2 SUPPLY CHAIN ANALYSIS. 39
- 5.3 PORTER'S FIVE FORCES MODEL. 40
- 5.3.1 THREAT OF NEW ENTRANTS. 40
- 5.3.2 BARGAINING POWER OF SUPPLIERS. 41
- 5.3.3 BARGAINING POWER OF BUYERS. 41
- 5.3.4 THREAT OF SUBSTITUTES. 41
- 5.3.5 INTENSITY OF RIVALRY. 41
- 5.4 IMPACT OF THE COVID-19 OUTBREAK ON THE CHELATED TRACE MINERALS MARKET. 42
- 5.4.1 IMPACT ON PRODUCTION
- 5.4.2 IMPACT ON SUPPLY CHAIN
- 5.4.3 SUPPLY-DEMAND IMBALANCE. 43
- 5.4.4 IMPACT ON PRICING
6 GLOBAL CHELATED TRACE MINERALS MARKET, BY TYPE
- 6.1 OVERVIEW
- 6.1.1 GLOBAL CHELATED TRACE MINERALS MARKET ESTIMATES & FORECAST, BY TYPE, 2020-2030. 45
- 6.2 ZINC. 46
- 6.2.1 ZINC: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030. 46
- 6.3 IRON
- 6.3.1 IRON: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030. 47
- 6.4 COBALT. 48
- 6.4.1 COBALT: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030. 48
- 6.5 COPPER. 49
- 6.5.1 COPPER: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030. 49
- 6.6 CHROMIUM
- 6.6.1 CHROMIUM: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030. 50
- 6.7 OTHERS. 51
- 6.7.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030. 51
7 GLOBAL CHELATED TRACE MINERALS MARKET, BY CHELATING AGENT. 52
- 7.1 OVERVIEW
- 7.1.1 GLOBAL CHELATED TRACE MINERALS MARKET ESTIMATES & FORECAST, BY CHELATING AGENT, 2020-2030. 53
- 7.2 AMINO ACIDS. 54
- 7.2.1 AMINO ACIDS: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030. 54
- 7.3 POLYSACCHARIDE COMPLEX. 55
- 7.3.1 POLYSACCHARIDE COMPLEX: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030. 55
- 7.4 PROTEINATE. 56
- 7.4.1 PROTEINATE: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030. 56
- 7.5 OTHERS. 57
- 7.5.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030. 57
8 GLOBAL CHELATED TRACE MINERALS MARKET, BY APPLICATION
- 8.1 OVERVIEW
- 8.1.1 GLOBAL CHELATED TRACE MINERALS MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2030. 59
- 8.2 ANIMAL FEED. 60
- 8.2.1 ANIMAL FEED: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030. 60
- 8.3 DIETARY SUPPLEMENT. 61
- 8.3.1 DIETARY SUPPLEMENT: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030. 61
- 8.4 PHARMACEUTICAL. 62
- 8.4.1 PHARMACEUTICAL: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030. 62
- 8.5 FERTILIZER. 63
- 8.5.1 FERTILIZER: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030. 63
- 8.6 OTHERS. 64
- 8.6.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030. 64
9 GLOBAL CHELATED TRACE MINERALS MARKET, BY REGION
- 9.1 OVERVIEW
- 9.1.1 GLOBAL CHELATED TRACE MINERALS MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030. 66
- 9.2 NORTH AMERICA
- 9.2.1 NORTH AMERICA CHELATED TRACE MINERALS MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030. 67
- 9.2.2 NORTH AMERICA CHELATED TRACE MINERALS MARKET ESTIMATES & FORECAST, BY TYPE, 2020-2030. 68
- 9.2.3 NORTH AMERICA CHELATED TRACE MINERALS MARKET ESTIMATES & FORECAST, BY CHELATING AGENT, 2020-2030 69
- 9.2.4 NORTH AMERICA CHELATED TRACE MINERALS MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2030 69
- 9.2.5 US. 70
- 9.2.6 CANADA
- 9.2.7 MEXICO
- 9.3 EUROPE. 76
- 9.3.1 EUROPE CHELATED TRACE MINERALS MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030. 77
- 9.3.2 EUROPE CHELATED TRACE MINERALS MARKET ESTIMATES & FORECAST, BY TYPE, 2020-2030. 77
- 9.3.3 EUROPE CHELATED TRACE MINERALS MARKET ESTIMATES & FORECAST, BY CHELATING AGENT, 2020-2030. 78
- 9.3.4 EUROPE CHELATED TRACE MINERALS MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2030. 79
- 9.3.5 UK. 79
- 9.3.6 GERMANY. 81
- 9.3.7 FRANCE. 83
- 9.3.8 SPAIN
- 9.3.9 ITALY. 87
- 9.3.10 REST OF EUROPE. 89
- 9.4 ASIA-PACIFIC. 92
- 9.4.1 ASIA-PACIFIC CHELATED TRACE MINERALS MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030. 93
- 9.4.2 ASIA-PACIFIC CHELATED TRACE MINERALS MARKET ESTIMATES & FORECAST, BY TYPE, 2020-2030. 93
- 9.4.3 ASIA-PACIFIC CHELATED TRACE MINERALS MARKET ESTIMATES & FORECAST, BY CHELATING AGENT, 2020-2030 94
- 9.4.4 ASIA-PACIFIC CHELATED TRACE MINERALS MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2030. 95
- 9.4.5 CHINA
- 9.4.6 INDIA
- 9.4.7 JAPAN
- 9.4.8 AUSTRALIA & NEW ZEALAND. 101
- 9.4.9 REST OF ASIA-PACIFIC. 103
- 9.5 REST OF THE WORLD. 106
- 9.5.1 REST OF THE WORLD CHELATED TRACE MINERALS MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 106
- 9.5.2 REST OF THE WORLD CHELATED TRACE MINERALS MARKET ESTIMATES & FORECAST, BY TYPE, 2020-2030. 107
- 9.5.3 REST OF THE WORLD CHELATED TRACE MINERALS MARKET ESTIMATES & FORECAST, BY CHELATING AGENT, 2020-2030. 108
- 9.5.4 REST OF THE WORLD CHELATED TRACE MINERALS MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2030 108
- 9.5.5 SOUTH AMERICA
- 9.5.6 MIDDLE EAST. 111
- 9.5.7 AFRICA
10 COMPETITIVE LANDSCAPE. 115
- 10.1 INTRODUCTION
- 10.1.1 MARKET STRATEGY ANALYSIS. 115
- 10.2 COMPETITIVE BENCHMARKING
- 10.2.1 INTRODUCTION
- 10.2.2 PRODUCT PORTFOLIO
- 10.2.3 REGIONAL PRESENCE. 117
- 10.2.4 STRATEGIC ALLIANCES. 117
- 10.2.5 INDUSTRY EXPERIENCES. 117
- 10.3 KEY DEVELOPMENTS & GROWTH STRATEGIES. 117
- 10.3.1 ACQUISITION
- 10.3.2 JOINT VENTURE. 117
- 10.3.3 NEW PRODUCT LAUNCH
- 10.3.4 EXPANSION
11 COMPANY PROFILES
- 11.1 BASF SE. 119
- 11.1.1 COMPANY OVERVIEW
- 11.1.2 FINANCIAL OVERVIEW
- 11.1.3 PRODUCTS OFFERED. 120
- 11.1.4 KEY DEVELOPMENTS. 120
- 11.1.5 SWOT ANALYSIS. 121
- 11.1.6 KEY STRATEGIES. 121
- 11.2 NUTRECO
- 11.2.1 COMPANY OVERVIEW
- 11.2.2 FINANCIAL OVERVIEW
- 11.2.3 PRODUCTS OFFERED. 124
- 11.2.4 KEY DEVELOPMENTS. 124
- 11.2.5 SWOT ANALYSIS. 125
- 11.2.6 KEY STRATEGIES. 125
- 11.3 TITAN BIOTECH LIMITED. 126
- 11.3.1 COMPANY OVERVIEW
- 11.3.2 FINANCIAL OVERVIEW
- 11.3.3 PRODUCTS OFFERED. 127
- 11.3.4 KEY DEVELOPMENTS. 128
- 11.3.5 SWOT ANALYSIS. 128
- 11.3.6 KEY STRATEGIES. 129
- 11.4 DSM N.V. 130
- 11.4.1 COMPANY OVERVIEW
- 11.4.2 FINANCIAL OVERVIEW
- 11.4.3 PRODUCTS OFFERED. 131
- 11.4.4 KEY DEVELOPMENTS. 131
- 11.4.5 SWOT ANALYSIS. 132
- 11.4.6 KEY STRATEGIES. 132
- 11.5 KEMIN INDUSTRIES, INC. 133
- 11.5.1 COMPANY OVERVIEW
- 11.5.2 FINANCIAL OVERVIEW
- 11.5.3 PRODUCTS OFFERED. 133
- 11.5.4 KEY DEVELOPMENTS. 134
- 11.5.5 SWOT ANALYSIS. 135
- 11.5.6 KEY STRATEGIES. 135
- 11.6 ALLTECH
- 11.6.1 COMPANY OVERVIEW
- 11.6.2 FINANCIAL OVERVIEW
- 11.6.3 PRODUCTS OFFERED. 136
- 11.6.4 KEY DEVELOPMENTS. 136
- 11.6.5 KEY STRATEGIES. 136
- 11.7 GLANBIA PLC. 138
- 11.7.1 COMPANY VERVIEW
- 11.7.2 FINANCIAL OVERVIEW
- 11.7.3 PRODUCTS OFFERED. 139
- 11.7.4 KEY DEVELOPMENTS. 139
- 11.7.5 KEY STRATEGIES. 139
- 11.8 BALCHEM CORPORATION
- 11.8.1 COMPANY OVERVIEW
- 11.8.2 FINANCIAL OVERVIEW
- 11.8.3 PRODUCTS OFFERED. 141
- 11.8.4 KEY DEVELOPMENTS. 142
- 11.8.5 KEY STRATEGIES. 142
- 11.9 INNOPHOS. 143
- 11.9.1 COMPANY VERVIEW
- 11.9.2 FINANCIAL OVERVIEW
- 11.9.3 PRODUCTS OFFERED. 143
- 11.9.4 KEY DEVELOPMENTS. 143
- 11.9.5 KEY STRATEGIES. 144
- 11.10 NOVUS INTERNATIONAL. 145
- 11.10.1 COMPANY VERVIEW
- 11.10.2 FINANCIAL OVERVIEW
- 11.10.3 PRODUCTS OFFERED. 145
- 11.10.4 KEY DEVELOPMENTS. 145
- 11.10.5 KEY STRATEGIES. 146