Feed Minerals Market by type of animal (Swine, Poultry, Ovine, Bovine, Equine, Canine, Aquaculture), by type of minerals (Macro Minerals (Phosphorous, Calcium, Magnesium, Potassium, Others), Micro Minerals (Copper, Iron, Zinc, Selenium, Cobalt, Others) and Geography  

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Feed Minerals Market size was valued at USD x million in 2022 and is poised to grow at a CAGR OF x% from 2023 - 2029. The mineral feed consists of different types of minerals which are very essential for the nutrition of animals and are augmented with flavoring agents, vitamins, facilitating agents, and other medicated substances. These minerals complement different functions of the animal body that include muscle contraction, bone development, acid-base balancing, stimulation of enzymes, etc. Minerals are common substances that are supplemented in ideal quantities along with feed to animals in order to maintain the growth, health, and well-being of animals. The rise in meat consumption is accelerating demand for meat and poultry. As per (Food and Agriculture Organizations) FAO, in 2015, global production of meat was more than 300M tonnes and is estimated to witness to show growth of 1.5%. High production of meat production in South Asia, India, and China is boosting the feed minerals market. According to the statistics of FAO, Globally, people consume an average of 75 pounds of meat per year by a person. About 198.87 lb/per capita is consumed by Australians every year. Advancements in Technology in the forage industry doubled owing to the rise of breeding of livestock in India, Brazil, and China driving feed minerals market growth. Many of the industry players are captivated by acquisitions, mergers, collaborations, and the development of products to expand the business and create a robust customer base. For instance,

Key Developments: 

In December 2015, Nutreco, a feed minerals manufacturer came into an agreement with Heritage to acquire hydroxy-based animal trace minerals.

Feed Minerals Market Summary

Study Period


Base Year




Largest Market


Fastest Growing Market

Asia Pacific
Market Dynamics

Surge in demand from dairy cattle is expected to drive the market revenue growth due to well-balanced feed enables maximize profits. Cattle diet must contain essential minerals other nutrients in appropriate ratio. Rising companion animal adoption is expected to create demand for minerals. The mineral deficiencies lead to diseases. For instance, calcium deficiency leads to bone, teeth, nervous system related disorders. Dogs and cats are mostly fed on commercial food; even though suffer from several imbalances. Increased awareness among pet owners regarding well-balanced nutritious diet is anticipated to create healthy growth opportunities for the market players. However limited awareness, high prices of the raw materials and cost of the products expected to dampen additives in feed minerals market growth.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
  • The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Feed Minerals Market Segmentation

By type of animal
  • Swine
  • Poultry
  • Ovine
  • Bovine
  • Equine
  • Canine
  • Aquaculture
By type of minerals
  • Macro Minerals

o  Phosphorous

o Calcium

o  Magnesium

o  Potassium

o Others

  • Micro Minerals


o  Iron

o  Zinc

o Selenium

o Cobalt

o  Others

Frequently Asked Questions

2022 is the base year and 2029 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.

  • Cargill Inc.
  • Kemin Industries
  • DSM Animal Nutrition
  • Nutreco NV
  • Bio Multimin Inc.
  • Biochem Lohne
  • Davidsons Animal Feeds
  • Mercer Milling Co. Inc.
  • Novus International Inc.
  • Pancosma SA
  • Phibro Animal Health Corporation