North America Feed Minerals Market

North America Feed Minerals Market by Macro Minerals (Potassium, Calcium, Magnesium, Phosphorous, and Others), Micro Minerals (Zinc, Copper, Iron, and Others), Animal Types (Aquaculture, Ruminants, Swine, Poultry, and Others), End-users (Livestock, Integrators, Farmers, Aquaculture Industry, Home-mixers, and Compound Feed Manufacturers), and Geography (North America)–Industry Analysis, Growth, Shares, Size, Trends, and Forecast 2021–2028

  • Report ID: HC-1936
  • Author: Growth Market Reports
  • Rating: 4.9
  • Total Reviews: 3
  • No. Of Pages: 218
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The North America feed minerals market size is anticipated to expand at a significant CAGR during the forecast period 2021–2028. Growth of the market is attributed to growing awareness about animal health, changing food habits, and rapidly changing demographic structure of the country.

North America Feed Minerals Market

The salt that contained in the feeds is not sufficient for all farm animals generally they need more salt, which is regularly provided by farmers. Calcium & phosphorus minerals are more essential than other minerals. They are widely used to produce eggshells, bones, and milks in farm animal’s body. Defluorinated phosphates, bone meal, and dicalcium phosphate are important & good sources of phosphorus & calcium. From the calcium carbonate the eggshell is created. The minerals which are high in calcium such as marl, ground limestone, and ground seashells are used to fulfill calcium requirement.

The covid-19 pandemic impacted the supply & demand of the North America feed minerals market. Decreasing supply of raw materials, lockdown across the globe, and supply chain disorders forced companies to close down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing consumption of meat is projected to boost the market.
  • Increasing need for feed minerals across country is the major factor fueling the market.
  • High cost of feed minerals products is projected to restrict the market expansion during the forecast period.
  • Government ban on use of certain minerals is anticipated to hamper the market growth in the coming years.
  • R&D investment and technological advancement in feed minerals market is projected to offer lucrative opportunities for the market players.

Scope of the Report

The report on the North America feed minerals market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

North America Feed Minerals Market–Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018-2019

Forecast Period

2021-2028

Segmentation

Types (Macro Minerals [Potassium, Calcium, Magnesium, Phosphorous, and Others] and Micro Minerals [Zinc, Copper, Iron, and Others]), Animal Types (Aquaculture, Ruminants, Swine, Poultry, and Others), End-users (Livestock, Integrators, Farmers, Aquaculture Industry, Home-Mixers, and Compound Feed Manufacturers)

Geographical Scope

United States, Canada, Mexico, and Rest of the North America

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players covered in the Report

Zinpro Corp.; Mercer Milling Company; Cargill, Inc.; Kemin Industries, Inc; Alltech; ADMA Animal Nutritional; Novus International; MULTIMIN USA, INC.; and Pancosma SA

Market Segment Insights

The vitamins segment accounts for a key share of the market

Based on types, the North America feed minerals market is bifurcated into macro minerals and micro minerals. The macro minerals are sub-segmented into potassium, calcium, magnesium, phosphorous, and others. The micro minerals segment is sub-segmented into zinc, copper, iron, and others. The vitamins segment accounts for a key share of the market. Growth of the market is attributed to rising awareness about side effects of feed additives on animal health and increasing income level of customers. However, the amino acids segment is anticipated to expand at a rapid pace during the forecast period due to factors such as rapid development in feed additives and compound feed sector and rising consumption of meat.

North America Feed Minerals Market

The poultry feed segment accounts for a major share of the market

On the basis of animal types, the market is segmented into aquaculture, ruminants, swine, poultry, and other types. The poultry feed segment accounts for a major share of the market. Growth of the market is attributed to increasing supply of quality products and increased demand for high-value animal protein. The ruminant feed segment is anticipated to expand at a rapid pace during the forecast period due to factors such as increased industrial livestock production and rising demand for vitamins.

North America Feed Minerals Market

 

The compound feed manufacturers accounts for a significant share of the market

Based on end-users, the North America feed minerals market is divided into livestock, integrators, farmers, aquaculture industry, home-mixers, and compound feed manufacturers. The compound feed manufactures segment accounts for a key share of the market. Growth of the market is attributed to rising government initiatives in production of domestic meat and increasing number of aquatic and poultry farms. However, the livestock segment is anticipated to expand at a rapid pace during the forecast period due to factors such as rapid development in feed additives and compound feed sector and increasing number of organizations in animal feed industry.

North America Feed Minerals Market

United States is anticipated to hold key market share

On the basis of region, the North America feed minerals market is categorized as United States, Canada, Mexico, and Rest of North America. The market of Canada is projected to expand at a high CAGR during the forecast period due to rapid economic growth and rising awareness about the quality of meat consumed. Market of the US is estimated to hold key market share due to increasing population, technological advancement in feed practices, and growing awareness about animal health.

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Feed Minerals Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Feed Minerals Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Feed Minerals Market - Supply Chain
  4.5. Global Feed Minerals Market Forecast
     4.5.1. Feed Minerals Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Feed Minerals Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Feed Minerals Market Absolute $ Opportunity
5. Global Feed Minerals Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Feed Minerals Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Feed Minerals Demand Share Forecast, 2019-2026
6. North America Feed Minerals Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Feed Minerals Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Feed Minerals Demand Share Forecast, 2019-2026
7. Latin America Feed Minerals Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Feed Minerals Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Feed Minerals Demand Share Forecast, 2019-2026
8. Europe Feed Minerals Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Feed Minerals Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Feed Minerals Demand Share Forecast, 2019-2026
9. Asia Pacific Feed Minerals Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Feed Minerals Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Feed Minerals Demand Share Forecast, 2019-2026
10. Middle East & Africa Feed Minerals Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Feed Minerals Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Feed Minerals Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Feed Minerals Market: Market Share Analysis
  11.2. Feed Minerals Distributors and Customers
  11.3. Feed Minerals Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Zinpro Corp. Mercer Milling Company Cargill, Inc. Kemin Industries, Inc Alltech ADMA Animal Nutritional

Segments Covered in the Report

The North America feed minerals market has been segmented on the basis of

Types

  • Macro Minerals
    • Potassium
    • Calcium
    • Magnesium
    • Phosphorous
    • Others
  • Micro Minerals
    • Zinc
    • Copper
    • Iron
    • Others

Animal Types

  • Aquaculture
  • Ruminants
  • Swine
  • Poultry
  • Others

End-users

  • Livestock
  • Integrators
  • Farmers
  • Aquaculture Industry
  • Home-mixers
  • Compound Feed Manufacturers

Geography

  • North America

Key Players

  • Zinpro Corp.
  • Mercer Milling Company
  • Cargill, Inc.
  • Kemin Industries, Inc
  • Alltech
  • ADMA Animal Nutritional
  • Novus International
  • MULTIMIN USA, INC.
  • Pancosma SA

Key players competing in the North America feed minerals market include Zinpro Corp.; Mercer Milling Company; Cargill, Inc.; Kemin Industries, Inc; Alltech; ADMA Animal Nutritional; Novus International; MULTIMIN USA, INC.; and Pancosma SA.

Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and to generate revenue and rise their production line of the business in the coming years.

North America Feed Minerals Market

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