Zinc Methionine Chelates Market Report
Straits Research presents a detailed analysis of the Zinc Methionine Chelates Market, which is gaining traction due to its essential role in enhancing nutritional outcomes in both human and animal diets.
Industry Dimensions
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Industry Key Trends
- Increasing demand for zinc methionine chelates in animal feed industry due to its ability to improve growth rates and reduce mortality.
- Growing awareness about the importance of zinc in human health, leading to increased demand for zinc methionine chelates in pharmaceuticals and dietary supplements.
- Rising demand for organic and natural products, driving the growth of zinc methionine chelates market in food and beverages industry.
- Increasing research and development activities to improve the efficacy and bioavailability of zinc methionine chelates.
Zinc Methionine Chelates Market Size and Share
Zinc Methionine Chelates Market Statistics
- The global Zinc Methionine Chelates market size is expected to reach USD 37.61 million by 2033, growing at a CAGR of 6.9% during the forecast period.
- The animal feed industry accounted for the largest share of the market in 2023, followed by pharmaceuticals and dietary supplements.
- The powder form segment accounted for the largest share of the market in 2023, followed by liquid and granules.
Regional Trends
- North America: The North American market is expected to witness significant growth during the forecast period, driven by increasing demand from animal feed and pharmaceuticals industries. The US is expected to account for the largest share of the market in North America.
- APAC: The APAC market is expected to witness rapid growth during the forecast period, driven by increasing demand from animal feed, pharmaceuticals, and food and beverages industries. China is expected to account for the largest share of the market in APAC.
- Europe: The European market is expected to witness moderate growth during the forecast period, driven by increasing demand from animal feed and pharmaceuticals industries. Germany is expected to account for the largest share of the market in Europe.
- LAMEA: The LAMEA market is expected to witness significant growth during the forecast period, driven by increasing demand from animal feed and pharmaceuticals industries. Brazil is expected to account for the largest share of the market in LAMEA.
Zinc Methionine Chelates Market Segmentations
- By Form:
- Powder
- Liquid
- Granules
- By Application:
- Food and Beverages
- Pharmaceuticals and Dietary Supplements
- Animal Feed Industry
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Top Players in Zinc Methionine Chelates Market
- Zinpro Corporation
- Balchem Inc.
- Novus International
- Titan Biotech Ltd.
- American Elements
- JH Biotech Inc.
- Global Animal Products, Inc.
- Uno Vetchem
- Chengdu Chelation Biology Technology Co.
- Alltech
- Brihans Laboratories Pvt.Ltd