| Product Code: ETC4597346 | 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 |
Thailand import trend for animal feed micronutrients experienced notable growth from 2023 to 2024, with a growth rate of 14.41%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at 6.27%. This upward trajectory can be attributed to a significant demand shift towards premium animal feed formulations, driving increased import momentum in the market.
The Thailand Animal Feed Micronutrients Market plays a vital role in enhancing the nutritional value of animal feeds. Micronutrients like vitamins and minerals are essential for the well-being and productivity of livestock. This market involves the development and distribution of micronutrient supplements to ensure the optimal growth and health of animals, contributing to the overall success of the country livestock industry.
The Thailand Animal Feed Micronutrients market is witnessing substantial growth, driven by the importance of essential vitamins and minerals in supporting animal health, reproduction, and overall well-being. Animal feed micronutrients, including vitamins A, D, and E, as well as minerals like zinc and selenium, play a crucial role in addressing nutrient deficiencies and ensuring optimal growth and performance in livestock and poultry. As Thailand animal feed industry emphasizes precision nutrition and balanced diets, the demand for micronutrient supplements is on the rise. The market growth is further supported by advancements in micronutrient formulations, the adoption of trace mineral supplementation strategies, and efforts to enhance the nutritional content of animal diets.
The Thailand Animal Feed Micronutrients Market faces challenges related to achieving the right balance of micronutrients in feed formulations. Meeting the specific nutritional needs of different animal species while adhering to regulatory standards requires precision and continuous adjustment. The market also encounters challenges associated with the bioavailability and stability of micronutrients throughout the feed production and storage processes. Additionally, educating farmers about the importance of micronutrients in animal nutrition and promoting their responsible use present ongoing challenges for the industry.
The Thailand Animal Feed Micronutrients Market has faced challenges amid the COVID-19 pandemic, with disruptions in the supply chain affecting the availability of essential micronutrients for animal nutrition. As the livestock industry focuses on comprehensive and balanced feed formulations, the market is anticipated to recover with increased demand for micronutrient supplements to address nutritional deficiencies.
Within the Thailand Animal Feed Micronutrients market, MicroVitamins Industries Co., Ltd. is a significant player. Specializing in the production of micronutrient premixes for animal feed, MicroVitamins Industries plays a crucial role in addressing nutrient deficiencies and promoting optimal animal health. Their commitment to quality control and precision in micronutrient formulations positions them as a trusted supplier in the Thailand Animal Feed Micronutrients market.
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 Thailand Animal Feed Micronutrients Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Animal Feed Micronutrients Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Animal Feed Micronutrients Market - Industry Life Cycle |
3.4 Thailand Animal Feed Micronutrients Market - Porter's Five Forces |
3.5 Thailand Animal Feed Micronutrients Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Animal Feed Micronutrients Market Revenues & Volume Share, By Livestock, 2021 & 2031F |
4 Thailand Animal Feed Micronutrients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for high-quality animal products |
4.2.2 Increasing awareness about the benefits of micronutrients in animal feed |
4.2.3 Implementation of regulations promoting animal health and welfare |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials |
4.3.2 Lack of awareness among small-scale farmers about the importance of micronutrients in animal feed |
4.3.3 Competition from alternative feed additives |
5 Thailand Animal Feed Micronutrients Market Trends |
6 Thailand Animal Feed Micronutrients Market, By Types |
6.1 Thailand Animal Feed Micronutrients Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Animal Feed Micronutrients Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Animal Feed Micronutrients Market Revenues & Volume, By Zinc, 2021-2031F |
6.1.4 Thailand Animal Feed Micronutrients Market Revenues & Volume, By Iron, 2021-2031F |
6.1.5 Thailand Animal Feed Micronutrients Market Revenues & Volume, By Manganese, 2021-2031F |
6.1.6 Thailand Animal Feed Micronutrients Market Revenues & Volume, By Copper, 2021-2031F |
6.2 Thailand Animal Feed Micronutrients Market, By Livestock |
6.2.1 Overview and Analysis |
6.2.2 Thailand Animal Feed Micronutrients Market Revenues & Volume, By Ruminant, 2021-2031F |
6.2.3 Thailand Animal Feed Micronutrients Market Revenues & Volume, By Poultry, 2021-2031F |
6.2.4 Thailand Animal Feed Micronutrients Market Revenues & Volume, By Aqua, 2021-2031F |
6.2.5 Thailand Animal Feed Micronutrients Market Revenues & Volume, By Swine, 2021-2031F |
6.2.6 Thailand Animal Feed Micronutrients Market Revenues & Volume, By Equine, 2021-2031F |
7 Thailand Animal Feed Micronutrients Market Import-Export Trade Statistics |
7.1 Thailand Animal Feed Micronutrients Market Export to Major Countries |
7.2 Thailand Animal Feed Micronutrients Market Imports from Major Countries |
8 Thailand Animal Feed Micronutrients Market Key Performance Indicators |
8.1 Percentage of animal feed manufacturers using micronutrients in their products |
8.2 Adoption rate of micronutrient-enriched animal feed among farmers |
8.3 Number of research studies supporting the benefits of micronutrients in animal feed |
9 Thailand Animal Feed Micronutrients Market - Opportunity Assessment |
9.1 Thailand Animal Feed Micronutrients Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Animal Feed Micronutrients Market Opportunity Assessment, By Livestock, 2021 & 2031F |
10 Thailand Animal Feed Micronutrients Market - Competitive Landscape |
10.1 Thailand Animal Feed Micronutrients Market Revenue Share, By Companies, 2024 |
10.2 Thailand Animal Feed Micronutrients Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |