饲料用主要矿物的全球市场 - 市场规模，占有率，成长分析:各产品，各类型，各用途，产业预测(2022年～2028年)
Global Feed Major Minerals Market Size, Share, Growth Analysis, By Type(Calcium, Phosphorous), By Application(Ruminants, Aquaculture) - Industry Forecast 2023-2030
Global Feed Major Minerals Market size was valued at USD 3.95 billion in 2021 and is poised to grow from USD 4.1 billion in 2022 to USD 5.79 billion by 2030, growing at a CAGR of 3.9% in the forecast period (2023-2030).
The global feed major minerals market is expected to witness steady growth in the forecast period. Feed major minerals are essential nutrients that are added to animal feed to improve their health and productivity. The demand for feed major minerals is primarily driven by the increasing demand for livestock products such as meat, milk, and eggs. The market is characterized by the presence of several key players that compete based on factors such as price, quality, and product innovation.
Top-down and bottom-up approaches were used to estimate and validate the size of Feed Major Minerals market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Segments covered in this report
The global feed major minerals market is segmented based on type, application, and region. Based on type, the market is segmented into calcium, phosphorous, magnesium, potassium, and other minerals. Based on application, the market is segmented into ruminants, aquaculture, swine, poultry, and other animals. Based on region, the global market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.
Driver The surge in meat and animal product consumption in countries like China, India, and Japan has resulted in a growing requirement for feed additives. These additives provide animals with nutritional benefits and disease prevention, leading to increased profits for farmers. This industry's growth is expected to be significantly driven by the rising demand for primary feed minerals.
Restraint The supply chain of additives is the primary driver of raw material prices in the feed major minerals market. The growth of this market may be constrained due to a shortage of minerals and other raw materials worldwide, which has been witnessed during the COVID pandemic, leading to a slowdown in demand.
Trend The absorption and utilization of nutrients by an animal's metabolism, involving transportation, cellular uptake, and biochemical processes, are referred to as the bioavailability of minerals. However, due to environmental concerns, the use of trace elements in animal feed is limited, making it difficult for cattle farmers to improve feed conversion efficiency without adding more mineral supplements. To improve bioavailability and animal productivity, manufacturers are producing organic versions of inorganic trace elements like copper, zinc, selenium, and chromium. Farmers must educate themselves on organic mineral chelates to influence the market demand for mineral supplements.