The Animal Feed Micronutrients Market is Predict to reach USD 2.39 Billion by 2032, at a CAGR of 9.2%

Animal Feed Micronutrients Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Animal Feed Micronutrients Market size is expected to reach USD 2.39 billion by 2032, rising at a market growth of 9.2% CAGR during the forecast period.

Competition in the global animal feed micronutrients market is characterized by the presence of a few dominant multinational firms alongside numerous regional and specialized players. Large companies benefit from strong research capabilities, broad product portfolios, and global distribution networks, giving them a significant edge. Smaller players, however, often compete by offering niche or region-specific solutions, and by focusing on cost-effective or innovative approaches.

The Dry/Premix segment is expriencing a CAGR of 8.9 % during the forecast period. This form is widely adopted due to its convenience in blending with feed formulations and ensuring uniform distribution of essential nutrients. Premixes are often preferred in large-scale animal farming, where consistency, stability, and ease of incorporation into different feed types are critical. Their long shelf life and adaptability to various feed production processes make them an integral part of the industry.

The Trace Minerals segment led the maximum revenue in the Global Animal Feed Micronutrients Market by Nutrient Type in 2024, thereby, achieving a market value of USD 819.5 million by 2032. The trace minerals segment plays a significant role in the animal feed micronutrients market. These nutrients are vital for maintaining overall animal health, supporting enzyme functions, improving immunity, and promoting optimal growth. Essential minerals such as zinc, copper, manganese, and iron are commonly included to address deficiencies that can impact livestock productivity and reproductive performance.

The Poultry segment is growing at a CAGR of 8.5 % during the forecast period. Poultry production requires balanced nutrition to support rapid growth, efficient feed conversion, strong immunity, and optimal egg and meat quality. Micronutrients are incorporated into poultry feed to enhance skeletal development, improve metabolic functions, and boost disease resistance. The segment continues to expand in response to increasing global demand for poultry products, making nutritional supplementation an essential aspect of poultry farming.

Full Report: https://www.kbvresearch.com/animal-feed-micronutrients-market/

The Asia Pacific region dominated the Global Animal Feed Micronutrients Market by Region in 2024, thereby, achieving a market value of USD 1,034.3 million by 2032. The Europe region is anticipated to grow a CAGR of 8.4% during (2025 - 2032). Additionally, The North America region would witness a CAGR of 8.7% during (2025 - 2032).

List of Key Companies Profiled

• Cargill, Incorporated
• Archer Daniels Midland Company
• DSM-Firmenich
• BASF SE
• Nutreco N.V. (SHV Holdings N.V.)
• Alltech, Inc.
• Evonik Industries AG (RAG-Stiftung)
• Kemin Industries, Inc.
• Balchem Corporation
• Zinpro Corporation

Animal Feed Micronutrients Market Report Segmentation

By Form

• Dry/Premix
• Liquid
• Other Form

By Nutrient Type

• Trace Minerals
• Vitamins
• Amino Acids
• Enzymes
• Other Micronutrients

By Livestock

• Poultry
• Ruminants
• Aquaculture
• Equine
• Other Livestock

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

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