Trace Minerals in Feed Market to Grow with a CAGR of 6.91% through 2030

Growing Adoption of Precision Agriculture is expected to drive the Global Trace Minerals in Feed Market growth in the forecast period, 2026-2030.

According to TechSci Research report, “Trace Minerals in Feed Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2030F”, Global Trace Minerals in Feed Market stood at USD 592.4 Million in 2024 and is anticipated to grow with a CAGR of 6.91% through 2030. A significant factor fueling the growth of the Global Trace Minerals in Feed Market due to increasing production of compound feed as compound feed contains minerals, protein meals, grains, and vitamins which help to fulfill the demand for animal protein, increasing livestock and poultry populations and the adoption of modern animal production practices. Moreover, trace minerals play a critical role in the metabolic functions of livestock and poultry. These functions help support growth and development, immune function, and reproductive performance in livestock and poultry. Along with this, common organically bound trace minerals used in animal nutrition are iron, copper, zinc, manganese, chromium, and selenium. Some metallic ions, such as iron and copper, participate in oxidation-reduction reactions in energy metabolism. Iron, as a constituent of hemoglobin and myoglobin, also plays a vital role in the transport of oxygen. Additionally, trace elements are found in small amounts in a variety of foods such as meat, fish, cereals, milk and dairy foods, vegetables, and nuts, thus with increasing demand for meat and its products and growing awareness among consumers regarding the benefits of trace minerals further fuel the growth of Global Trace Minerals in Feed market.

The increasing integration of precision agriculture practices is a key driver boosting the global trace minerals in feed market. Precision agriculture involves using data-driven tools such as GPS-guided equipment, remote sensing, AI, and farm management software to optimize farm inputs and outputs. As livestock operations become more technologically advanced, producers are turning to precision nutrition strategies—where feed formulations, including trace minerals, are tailored to the specific nutritional needs of animals based on breed, age, growth phase, and health status.

This shift allows farmers to minimize overuse or underuse of mineral supplements, improving feed efficiency, reducing environmental waste, and ensuring better animal health. For example, trace mineral programs integrated with real-time data analytics can monitor mineral absorption, identify deficiencies, and automatically adjust dosages. The result is enhanced productivity and sustainability. As more producers adopt precision agriculture to meet rising food demand and regulatory pressures, the demand for specialized, bioavailable trace mineral formulations is expected to grow significantly.

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Global Trace Minerals in Feed Market is segmented based on type, livestock, form, chelate type, regional distribution, and company.

Based on type, iron is expected to grow at the fastest rate in the global trace minerals in feed market due to its essential role in oxygen transport, hemoglobin formation, and cellular metabolism in livestock. Iron deficiency, particularly common in young animals such as piglets and calves, can lead to anemia, poor growth, and increased disease susceptibility. As commercial farming systems aim to reduce mortality and improve weight gain, demand for iron-fortified feed is rising sharply. Additionally, advancements in chelated and encapsulated iron formulations have improved bioavailability and absorption rates, making supplementation more effective. Growing awareness among farmers and veterinarians about iron’s critical role is further accelerating its adoption globally.

Based on region, Asia-Pacific emerged as the fastest growing region in the Global Trace Minerals in Feed Market during the forecast period. This is attributed to the rapid expansion of commercial livestock farming, particularly in countries like India, China, and Southeast Asian nations, where the demand for meat, dairy, and eggs continues to rise. As farmers shift from traditional to intensive production systems, there is increasing adoption of nutritionally balanced and fortified feed that includes trace minerals such as zinc, iron, copper, and selenium to enhance animal growth, immunity, and productivity. The region’s growth is also supported by government-led initiatives aimed at modernizing animal agriculture, improving feed quality, and promoting sustainable farming practices. Rising awareness among farmers about the benefits of trace mineral supplementation, coupled with the availability of both inorganic and organic mineral options, is accelerating market penetration. Expanding feed production infrastructure and foreign investment in the livestock sector are further boosting regional market momentum.

Major companies operating in the Global Trace Minerals in Feed Market are:

• Titan Biotech Limited
• Balchem Inc.
• Novus International, Inc.
• Alltech, Inc.
• Kemin Industries, Inc.
• Global Animal Products, Inc.
• Società San Marco S.R.L.
• BASF SE
• Zinpro Corp.
• Orffa International Holding B.V.
  

“Fluctuating mineral prices also increase the operational risk for smaller and mid-sized feed companies that often operate on narrow margins and lack long-term procurement contracts. These companies are more vulnerable to price shocks, forcing them to either reduce the quality of mineral inputs or pass the cost burden onto end-users. Inconsistent input pricing also complicates feed formulation, as manufacturers must frequently adjust inclusion rates to balance costs and maintain nutritional efficacy. This can affect the uniformity of feed quality, leading to inconsistent animal performance. Additionally, price volatility discourages investment in innovation and long-term partnerships, especially in regions with underdeveloped logistics infrastructure. To overcome this, manufacturers must explore alternatives like sourcing diversification, strategic mineral reserves, or integrating recycled mineral inputs to stabilize their supply chains,” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based global management consulting firm.

“Trace Minerals in Feed Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Zinc, Iron, Cobalt, Copper, Manganese, Others), By Livestock (Poultry, Ruminants, Swine, Aquatic Animals, Others), By Form (Dry, Liquid), By Chelate Type (Amino Acids, Proteinates, Polysaccharide Complexes, Others), By Region and Competition, 2020-2030F", has evaluated the future growth potential of global Trace Minerals in Feed market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Trace Minerals in Feed Market.

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