| Product Code: ETC4595305 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
India`s import shipments of trace minerals in feed saw significant growth in 2024, with key exporting countries being Sri Lanka, China, USA, Germany, and Thailand. Despite the diversity of sources, the Herfindahl-Hirschman Index (HHI) indicated low concentration, ensuring a competitive market landscape. The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 15.05%, reflecting the expanding demand for trace minerals in the feed industry. Moreover, the growth rate from 2023 to 2024 was 7.45%, indicating sustained momentum in the market.

Trace minerals are essential for the health and productivity of animals. The market for trace minerals in animal feed ensures that livestock and poultry receive the necessary micronutrients for optimal growth and well-being.
The India Trace Minerals in Feed market is fueled by the increasing awareness of micronutrient deficiencies in livestock. Trace minerals are essential for the growth and health of animals, and their inclusion in animal feed helps prevent deficiencies and improves the overall performance of livestock, addressing the demand for high-quality meat and dairy products.
The India trace minerals in feed market faces challenges related to maintaining the proper balance of trace minerals in animal diets and preventing excess or deficiency. Ensuring that animals receive the right amount of essential trace minerals is essential for their health and productivity.
Maintaining animal health and immunity gained prominence during the pandemic. Trace minerals, which play a vital role in animal nutrition, saw increased utilization to enhance immune function. This trend is expected to persist as animal well-being remains a priority.
The India trace minerals in feed market is served by leading players like Zinpro Corporation, Alltech, Novus International, and Kemin Industries. These companies are committed to delivering high-quality trace mineral supplements that are essential for animal health and productivity. They offer innovative solutions to address mineral deficiencies in livestock diets.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Trace Minerals in Feed Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Trace Minerals in Feed Market Revenues & Volume, 2021 & 2031F |
3.3 India Trace Minerals in Feed Market - Industry Life Cycle |
3.4 India Trace Minerals in Feed Market - Porter's Five Forces |
3.5 India Trace Minerals in Feed Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Trace Minerals in Feed Market Revenues & Volume Share, By Chelate Type, 2021 & 2031F |
4 India Trace Minerals in Feed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increased awareness about the importance of trace minerals in animal feed for overall animal health and productivity |
4.2.2 Growing demand for high-quality meat and dairy products, driving the need for enhanced animal nutrition |
4.2.3 Adoption of modern farming practices and technologies leading to a focus on balanced animal diets |
4.3 Market Restraints |
4.3.1 Fluctuating prices of trace minerals in the global market affecting the cost of production for feed manufacturers |
4.3.2 Regulatory challenges and restrictions on the use of certain trace minerals in animal feed formulations |
4.3.3 Limited availability of high-quality and cost-effective sources of trace minerals in the domestic market |
5 India Trace Minerals in Feed Market Trends |
6 India Trace Minerals in Feed Market, By Types |
6.1 India Trace Minerals in Feed Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Trace Minerals in Feed Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Trace Minerals in Feed Market Revenues & Volume, By Iron, 2021-2031F |
6.1.4 India Trace Minerals in Feed Market Revenues & Volume, By Zinc, 2021-2031F |
6.1.5 India Trace Minerals in Feed Market Revenues & Volume, By Manganese, 2021-2031F |
6.1.6 India Trace Minerals in Feed Market Revenues & Volume, By Copper, 2021-2031F |
6.1.7 India Trace Minerals in Feed Market Revenues & Volume, By Cobalt, 2021-2031F |
6.1.8 India Trace Minerals in Feed Market Revenues & Volume, By Chromium, 2021-2031F |
6.2 India Trace Minerals in Feed Market, By Chelate Type |
6.2.1 Overview and Analysis |
6.2.2 India Trace Minerals in Feed Market Revenues & Volume, By Amino Acids, 2021-2031F |
6.2.3 India Trace Minerals in Feed Market Revenues & Volume, By Proteinates, 2021-2031F |
6.2.4 India Trace Minerals in Feed Market Revenues & Volume, By Polysaccharides, 2021-2031F |
6.2.5 India Trace Minerals in Feed Market Revenues & Volume, By Other Chelate Types, 2021-2031F |
7 India Trace Minerals in Feed Market Import-Export Trade Statistics |
7.1 India Trace Minerals in Feed Market Export to Major Countries |
7.2 India Trace Minerals in Feed Market Imports from Major Countries |
8 India Trace Minerals in Feed Market Key Performance Indicators |
8.1 Average daily weight gain in livestock fed with trace mineral-enriched feed |
8.2 Mortality rate among livestock consuming feed with optimal trace mineral levels |
8.3 Percentage of feed manufacturers incorporating advanced trace mineral delivery systems in their products |
9 India Trace Minerals in Feed Market - Opportunity Assessment |
9.1 India Trace Minerals in Feed Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Trace Minerals in Feed Market Opportunity Assessment, By Chelate Type, 2021 & 2031F |
10 India Trace Minerals in Feed Market - Competitive Landscape |
10.1 India Trace Minerals in Feed Market Revenue Share, By Companies, 2024 |
10.2 India Trace Minerals in Feed Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
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