Global Feed Grade Zinc Sulphate Market was valued at USD 0.2 Billion in 2022 and is projected to reach USD 0.3 Billion by 2030, growing at a CAGR of 5.0% from 2024 to 2030.
The Feed Grade Zinc Sulphate Market has seen significant growth in recent years, driven by increasing demand for high-quality animal feed additives. Zinc is a crucial trace element in animal diets, essential for maintaining optimal health, growth, and reproductive performance. The compound is widely used in animal feed formulations to prevent zinc deficiency, which can lead to skin disorders, poor growth, and reproductive issues. This article explores the driving forces behind the market's expansion, key players, and emerging trends in the feed grade zinc sulphate industry.
The global feed grade zinc sulphate market has been bolstered by the rising focus on livestock health and the increasing consumption of animal-based products. Zinc is essential in the synthesis of proteins and enzymes, which are crucial for the overall metabolism and immunity of animals. As the awareness regarding animal nutrition grows, farmers and feed producers are increasingly incorporating feed grade zinc sulphate to ensure the health and productivity of their livestock.
Market growth is further fueled by the growing demand for high-quality livestock products, such as meat, dairy, and eggs. The rise in industrial farming and intensive livestock production has led to a higher need for specialized nutritional additives like zinc sulphate. Additionally, regulations and the push towards sustainable farming practices are creating opportunities for growth in the feed grade zinc sulphate market, as farmers seek environmentally-friendly and cost-effective solutions for animal health.
In terms of regional growth, Asia-Pacific is one of the largest markets for feed grade zinc sulphate, driven by the rising demand for animal feed in countries like China and India. North America and Europe also contribute significantly to the market, with a growing trend toward premium animal nutrition and health products.
Despite its growth, the feed grade zinc sulphate market faces challenges such as price volatility in raw materials and regulatory hurdles in certain regions. However, the continued development of innovative solutions and research into zinc supplementation for livestock is expected to drive further market expansion.
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Old Bridge Chemicals
Inc.
Rech Chemical
Vita Actives
MEGA FAME CO.
LTD.
Cangzhou City Junchiweiye Chemical Co.
Ltd.
Newtop Chemical Materials (Shanghai) Co.
Ltd.
Nordfeed
Polifar
Ava Chemicals Private Limited
Hemadri Chemicals
Kemhar International
Jyoti Dye-Chem
Metals Kingdom Industry Limited
Hunan Jingshi Group
Sulfozyme
Bohigh
ISKY Chemicals Co.
Ltd.
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Feed Grade Zinc Sulphate Market
Plant Fertilizer
Feed Additive
Others
Based on Types the Market is categorized into Below types that held the largest Feed Grade Zinc Sulphate market share In 2023.
Zinc Sulfate Heptahydrate
Zinc Sulfate Monohydrate
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Global, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Feed Grade Zinc Sulphate Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Feed Grade Zinc Sulphate Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Feed Grade Zinc Sulphate Market, By Type
6. Global Feed Grade Zinc Sulphate Market, By Application
7. Global Feed Grade Zinc Sulphate Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Feed Grade Zinc Sulphate Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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