Animal Feed Micronutrients Market Size, Share, Growth Analysis, By Product(Iron, Manganese), By Application(Ruminant, Poultry), By Regional(North America, Europe) - Industry Forecast 2024-2031

The market for Animal Feed Micronutrients was estimated to be valued at US$ XX Mn in 2021.

The Animal Feed Micronutrients Market is estimated to grow at a CAGR of XX% by 2028.

The Animal Feed Micronutrients Market is segmented on the basis of Product, Application, Regional.

Based on region, the Animal Feed Micronutrients Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Animal Feed Micronutrients Market are in the industry are focused on expansions in attempt to strengthen their position across various regions. The companies such as Archer Daniels Midland Company, Nutreco NV signed agreements with universities and invested heavily in research & development. New products are continuously being launched to meet changing consumer trends and industry standards., The companies are involved in expanding sales and increasing manufacturing capacity to grab a higher market share in the industry. In 2016, Cargill invested approximately USD 33 million to open new plants in Asia Pacific and Europe regions. The Asia Pacific region is expected to provide new opportunities for market players to expand their footprint due to increasing meat consumption., KEY MARKET SEGMENTS, By Product , Iron, Manganese, Zinc, Boron, Copper, Others, By Application , Ruminant, Poultry, Swine, Aqua, Equine, Others, By Regional , North America, Europe, Asia Pacific, Central & South America, Middle East & Africa, KEY PLAYERS, Cargill, Archer Daniels Midland Company, Nutreco N.V., Alltech Inc., Kemin Industries Inc., Royal DSM N.V., Balchem Corporation, Zinpro Corporation, Novus International Inc., Biochem Zusatzstoffe Handels- und Produktionsgesellschaft mbH, BASF SE, Phibro Animal Health Corporation, Tanke Biosciences Corporation, Lallemand Inc., InVivo NSA.