The Europe Zinc Methionine Chelates Market would witness market growth of 6.1% CAGR during the forecast period (2021-2027).
Growing awareness of available nutritional supplements for humans and animals, changing lifestyles, and rising demand for high-quality poultry and meat products are driving the market. In addition, the increased frequency of zinc deficiency in animals, as well as slow growth, lack of appetite, and low reproduction rates would play a major role in the industry expansion. On the other hand, the lack of awareness and the adverse effects of zinc methionine chelates would hamper the growth of the market during the forecasting period.
The zinc methionine chelates market is gaining traction due to a number of factors. Some of them include the rising occurrence of animal-related diseases like foot-and-mouth disease (FMD) and bird flu, as well as public awareness of animal nutritional deficiencies. In addition, animal feed fortified with zinc methionine chelate aids in the production of disease-free and high-quality meat products acceptable for human consumption. Furthermore, feed manufacturers' rising preference for organic and natural feed products is an emerging trend in the market. Zinc methionine chelates aid in protein synthesis and aid in the enhancement of defense enzyme characteristics.
Growing demand for meat and meat products in the region has necessitated a focus on animal health and hygiene, which has resulted in an increase in demand for feed additives. As a result, an increase in demand for feed additives would help the market for zinc methionine chelates in the region to expand. In recent years, countries such as Germany, France, and Italy have seen an increase in meat consumption, prompting manufacturers to seek out disease-free and high-quality animal products. The market for feed additives in the region is expected to be driven by increased demand for high-quality meat and meat products. The need for zinc methionine chelates in the feed additives business is predicted to increase as a result of this.
In addition, the aquaculture industry in the region has a significant demand for chelated minerals. The high consumption of seafood goods like fish, lobsters, crabs, and prawns can be ascribed to this.
The Germany market dominated the Europe Zinc Methionine Chelates Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1,025.4 Thousands by 2027. The UK market is exhibiting a CAGR of 5.1% during (2021 - 2027). Additionally, The France market would showcase a CAGR of 6.8% during (2021 - 2027).
Based on Livestock Type, the market is segmented into Swine, Poultry, Aqua, Equine, Bovine, and Pets. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Zinc Methionine Chelates Market Size will Hit $18.4 Million by 2027, at a CAGR of 6.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Zinpro Corporation, Novus International, Inc., UNO Vetchem, Titan Biotech Ltd., JH Biotech, Inc., Balchem, Inc., Chengdu Chelation Biology Technology Co., Ltd., Alltech, and Priya Chemicals.
Scope of the Study
Market Segments Covered in the Report:
By Livestock Type
- Swine
- Poultry
- Aqua
- Equine
- Bovine
- Pets
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Zinpro Corporation
- Novus International, Inc.,
- UNO Vetchem
- Titan Biotech Ltd.
- JH Biotech, Inc.
- Balchem, Inc.
- Chengdu Chelation Biology Technology Co., Ltd.
- Alltech
- Priya Chemicals
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Zinc Methionine Chelates Market, by Livestock Type
1.4.2 Europe Zinc Methionine Chelates Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Europe Zinc Methionine Chelates Market by Livestock Type
3.1 Europe Swine Market by Country
3.2 Europe Poultry Market by Country
3.3 Europe Aqua Market by Country
3.4 Europe Equine Market by Country
3.5 Europe Bovine Market by Country
3.6 Europe Pets Market by Country
Chapter 4. Europe Zinc Methionine Chelates Market by Country
4.1 Germany Zinc Methionine Chelates Market
4.1.1 Germany Zinc Methionine Chelates Market by Livestock Type
4.2 UK Zinc Methionine Chelates Market
4.2.1 UK Zinc Methionine Chelates Market by Livestock Type
4.3 France Zinc Methionine Chelates Market
4.3.1 France Zinc Methionine Chelates Market by Livestock Type
4.4 Russia Zinc Methionine Chelates Market
4.4.1 Russia Zinc Methionine Chelates Market by Livestock Type
4.5 Spain Zinc Methionine Chelates Market
4.5.1 Spain Zinc Methionine Chelates Market by Livestock Type
4.6 Italy Zinc Methionine Chelates Market
4.6.1 Italy Zinc Methionine Chelates Market by Livestock Type
4.7 Rest of Europe Zinc Methionine Chelates Market
4.7.1 Rest of Europe Zinc Methionine Chelates Market by Livestock Type
Chapter 5. Company Profiles
5.1 Balchem Corporation
5.1.1 Company Overview
5.1.2 Financial Analysis
5.1.3 Regional & Segmental Analysis
5.1.4 Research & Development Expenses
5.1.5 Recent strategies and developments:
5.1.5.1 Geographical Expansions:
5.2 Zinpro Corporation
5.2.1 Company Overview
5.2.2 Recent strategies and developments:
5.2.2.1 Acquisition and Mergers:
5.3 Alltech, Inc.
5.3.1 Company Overview
5.3.2 Recent strategies and developments:
5.3.2.1 Product Launches and Product Expansions:
5.4 Novus International, Inc. (Mitsui & Co., Ltd.)
5.4.1 Company Overview
5.4.2 Financial Analysis
5.5 UNO Vetchem
5.5.1 Company Overview
5.6 JH Biotech, Inc.
5.6.1 Company Overview
5.7 Chengdu Chelation Biology Technology Co., Ltd.
5.7.1 Company Overview
5.8 Priya Chemicals
5.8.1 Company Overview
5.9 Titan Biotech Ltd.
5.9.1 Company Overview
5.9.2 Financial Analysis
5.9.3 Regional Analysis
TABLE 1 Europe Zinc Methionine Chelates Market, 2017 - 2020, USD Thousands
TABLE 2 Europe Zinc Methionine Chelates Market, 2021 - 2027, USD Thousands
TABLE 3 Europe Zinc Methionine Chelates Market by Livestock Type, 2017 - 2020, USD Thousands
TABLE 4 Europe Zinc Methionine Chelates Market by Livestock Type, 2021 - 2027, USD Thousands
TABLE 5 Europe Swine Market by Country, 2017 - 2020, USD Thousands
TABLE 6 Europe Swine Market by Country, 2021 - 2027, USD Thousands
TABLE 7 Europe Poultry Market by Country, 2017 - 2020, USD Thousands
TABLE 8 Europe Poultry Market by Country, 2021 - 2027, USD Thousands
TABLE 9 Europe Aqua Market by Country, 2017 - 2020, USD Thousands
TABLE 10 Europe Aqua Market by Country, 2021 - 2027, USD Thousands
TABLE 11 Europe Equine Market by Country, 2017 - 2020, USD Thousands
TABLE 12 Europe Equine Market by Country, 2021 - 2027, USD Thousands
TABLE 13 Europe Bovine Market by Country, 2017 - 2020, USD Thousands
TABLE 14 Europe Bovine Market by Country, 2021 - 2027, USD Thousands
TABLE 15 Europe Pets Market by Country, 2017 - 2020, USD Thousands
TABLE 16 Europe Pets Market by Country, 2021 - 2027, USD Thousands
TABLE 17 Europe Zinc Methionine Chelates Market by Country, 2017 - 2020, USD Thousands
TABLE 18 Europe Zinc Methionine Chelates Market by Country, 2021 - 2027, USD Thousands
TABLE 19 Germany Zinc Methionine Chelates Market, 2017 - 2020, USD Thousands
TABLE 20 Germany Zinc Methionine Chelates Market, 2021 - 2027, USD Thousands
TABLE 21 Germany Zinc Methionine Chelates Market by Livestock Type, 2017 - 2020, USD Thousands
TABLE 22 Germany Zinc Methionine Chelates Market by Livestock Type, 2021 - 2027, USD Thousands
TABLE 23 UK Zinc Methionine Chelates Market, 2017 - 2020, USD Thousands
TABLE 24 UK Zinc Methionine Chelates Market, 2021 - 2027, USD Thousands
TABLE 25 UK Zinc Methionine Chelates Market by Livestock Type, 2017 - 2020, USD Thousands
TABLE 26 UK Zinc Methionine Chelates Market by Livestock Type, 2021 - 2027, USD Thousands
TABLE 27 France Zinc Methionine Chelates Market, 2017 - 2020, USD Thousands
TABLE 28 France Zinc Methionine Chelates Market, 2021 - 2027, USD Thousands
TABLE 29 France Zinc Methionine Chelates Market by Livestock Type, 2017 - 2020, USD Thousands
TABLE 30 France Zinc Methionine Chelates Market by Livestock Type, 2021 - 2027, USD Thousands
TABLE 31 Russia Zinc Methionine Chelates Market, 2017 - 2020, USD Thousands
TABLE 32 Russia Zinc Methionine Chelates Market, 2021 - 2027, USD Thousands
TABLE 33 Russia Zinc Methionine Chelates Market by Livestock Type, 2017 - 2020, USD Thousands
TABLE 34 Russia Zinc Methionine Chelates Market by Livestock Type, 2021 - 2027, USD Thousands
TABLE 35 Spain Zinc Methionine Chelates Market, 2017 - 2020, USD Thousands
TABLE 36 Spain Zinc Methionine Chelates Market, 2021 - 2027, USD Thousands
TABLE 37 Spain Zinc Methionine Chelates Market by Livestock Type, 2017 - 2020, USD Thousands
TABLE 38 Spain Zinc Methionine Chelates Market by Livestock Type, 2021 - 2027, USD Thousands
TABLE 39 Italy Zinc Methionine Chelates Market, 2017 - 2020, USD Thousands
TABLE 40 Italy Zinc Methionine Chelates Market, 2021 - 2027, USD Thousands
TABLE 41 Italy Zinc Methionine Chelates Market by Livestock Type, 2017 - 2020, USD Thousands
TABLE 42 Italy Zinc Methionine Chelates Market by Livestock Type, 2021 - 2027, USD Thousands
TABLE 43 Rest of Europe Zinc Methionine Chelates Market, 2017 - 2020, USD Thousands
TABLE 44 Rest of Europe Zinc Methionine Chelates Market, 2021 - 2027, USD Thousands
TABLE 45 Rest of Europe Zinc Methionine Chelates Market by Livestock Type, 2017 - 2020, USD Thousands
TABLE 46 Rest of Europe Zinc Methionine Chelates Market by Livestock Type, 2021 - 2027, USD Thousands
TABLE 47 Key information – Balchem Corporation
TABLE 48 Key information – Zinpro Corporation
TABLE 49 Key Information – Alltech, Inc.
TABLE 50 Key information – Novus International, Inc.
TABLE 51 Key information – UNO Vetchem
TABLE 52 Key information – JH Biotech, Inc.
TABLE 53 Key information – Chengdu Chelation Biology Technology Co., Ltd.
TABLE 54 Key information – Priya Chemicals
TABLE 55 Key Information – Titan Biotech Ltd.
List of Figures
FIG 1 Methodology for the research