Trace Minerals (Chelated) in Feed Market

Cargill (US) and ADM (US) are the Key Players in the Trace Minerals (Chelated) in Feed Market

Chelated trace minerals are the minerals which are present in the livestock body and diet at levels less than 0.01% or 100 ppm. They are required in small quantities but play a significant role in the growth and performance of livestock. They are involved individually or collectively in general metabolism, reproduction, immunity, growth & development, and tissue repair

The chelated feed trace minerals market includes players such as Cargill (US), ADM (US), BASF (Germany), DSM (Netherlands), Nutreco (Netherlands), DLG Group (Denmark), InVivo (France), Bluestar Adisseo (China), Alltech (US), Phibro (US), Kemin (US), Zinpro (US), and  Novus (US). The chelated feed trace minerals market is projected to reach USD 570.8 Million by 2022, at a CAGR of 5.8 % from 2017. In terms of volume, the market is projected to reach 128.0 KT by 2022.

The key market players adopted investments and strategic alliances—through expansions, acquisitions, new product launches, and joint ventures-with other players to strengthen their businesses, to explore new and untapped markets, expanding in local areas of emerging markets, and developing a new customer base for long-term client relationships.

Cargill (US)

Founded in 1865 and headquartered in Minnesota, US; Cargill is engaged in producing and marketing food, agricultural, industrial, and financial products and services. The company operates through four major segments—animal nutrition & protein, food ingredients and applications, origination & processing, and industrial & financial services. It provides chelated trace minerals through its animal nutrition & protein segment for different livestock such as ruminants and swine.

The company has a vast distribution network and an effective supply chain to deliver specific ingredients to various application industries, and it has 9 R&D facilities around the world.

The company operates through subsidiaries such as Cargill Australia Limited (Australia), Cargill Ghana Limited (Ghana), Cargill Specialty Canola Oils (US), The Mosaic Company (US), and Cargill Investments (China) Ltd (China). It has its presence in 70 countries based in North America, Asia Pacific, Europe, Latin America, North Africa/Middle East, and Sub-Saharan Africa. In September 2017, the company acquired the animal feed business of Southern States Cooperative, Inc. (US). This acquisition strengthened the distribution of the company in the Southeast, Mid-Atlantic, and Northeast regions of the US. It also helped the company to expand its chelated trace minerals market in the region

ADM (US)

ADM produces food & beverage ingredients, animal feed & feed ingredients, biofuels, and naturally derived alternatives to industrial chemicals. ADM is one of the largest agricultural processors in the world. Its main business segments are oilseed processing, corn processing, agricultural services, and WILD Flavors & Specialty Ingredients. The agricultural segment includes the processing of wheat, processing-distribution of formula feeds and animal feed, and procurement-processing-distribution of edible beans. ADM offers high-quality feed ingredients and premixes for cattle, poultry, goat, and equine. Animal nutrition, under corn processing segment, provides chelated trace minerals.

The company has a wide network of transportation in about 265 locations which helps it to tap different markets worldwide. Its network spans more than 160 countries. Globally, the company operates through 253 ingredient manufacturing facilities along with 38 innovation centers and more than 470 crop procurement facilities, where cereal grains and oilseeds are processed into products used in food, beverage, nutraceutical, industrial, and animal feed markets.

The company operates its business through several subsidiaries such as Golden Peanut Company LLC (US), ADM Milling (US), ADM do Brazil Ltd a (Brazil), Wild Flavors, Inc. (US), and ADM Hamburg AG (Germany). In January 2013, it acquired NutriMix Feed Company (US). The acquisition helped the company to increase its presence in the Caribbean region with increased storage capacity for its commercial feed facility which also produces feed minerals.

Related Reports:

Trace Minerals (Chelated) in Feed Market by Type (Zinc, Iron, Manganese, Cobalt, Chromium, Copper), Livestock (Ruminants, Swine, Poultry, Aquaculture), Form (Dry, Liquid), Chelate Type, and Region - Global Forecast to 2022

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Report Code
AGI 5700
RI Published ON
11/2/2017
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