Global Zinc Methionine Chelates Market was valued at US $ 13.9 million in 2022 and is expected to reach US $ 23 million by 2030 growing at a CAGR of 6.5% during the forecast period 2023 – 2030.
The zinc methionine chelates market encompasses the global industry focused on the production, distribution, and utilization of zinc methionine chelates as essential additives in animal nutrition. These chelates, derived from the bonding of zinc and methionine, are specifically designed to enhance the health, growth, and overall well-being of livestock, poultry, and aquaculture animals. They are incorporated into animal feed and dietary supplements to provide a highly bioavailable source of zinc, thereby improving nutrient absorption, immune function, and reproductive performance. The market plays a pivotal role in promoting sustainable and efficient animal farming practices, ultimately ensuring a consistent supply of high-quality meat, dairy, and other animal-derived products while aligning with environmental responsibility and nutritional security goals.

Some of the benefits of designing a Zinc Methionine Chelates Market include:

• Revamped Animal Nutrition: Zinc methionine chelates offer animals a highly bioavailable and easily absorbable source of zinc, enhancing their nutritional intake. This fosters robust growth, fortified immunity, and enhanced reproductive performance.
• Elevated Animal Wellness: These chelates elevate the overall health and vitality of livestock and poultry by reinforcing their immune systems. This, in turn, results in decreased vulnerability to diseases and reduced animal mortality rates.
• Amplified Productivity: Animals receiving zinc methionine chelates experience improved feed conversion rates, weight gain, and meat quality. This directly correlates with heightened productivity and profitability for livestock producers.
• Sustainability in Farming: Zinc methionine chelates optimize nutrient utilization and curtail the environmental footprint of animal farming. This aligns with the promotion of sustainable and environmentally responsible farming practices.
• Premium Meat and Dairy: Consumers are the ultimate beneficiaries as they gain access to top-tier meat and dairy products that not only adhere to safety standards but also offer superior nutritional value. The overall health enhancement of animals culminates in the production of higher-quality animal-derived products.
• Nutritional Assurance: The zinc methionine chelates market plays an indispensable role in guaranteeing that animals receive the fundamental nutrients essential for their healthy development. This, in turn, contributes to global nutritional security by ensuring a reliable supply of high-quality animal protein.

COVID -19 Impact 

The zinc methionine chelates market underwent a series of dynamic shifts as a result of the COVID-19 pandemic. Initially, disruptions in global supply chains, affecting the sourcing and transportation of essential raw materials, led to production delays and shortages, impacting the availability of these chelates in the market. Moreover, the altered consumer behavior during the pandemic, with some individuals reducing their meat and meat product consumption due to concerns about foodborne transmission, temporarily decreased the demand for animal feed additives, including zinc methionine chelates.

Simultaneously, the animal farming industry faced challenges, including disruptions in labor availability, processing facilities, and logistics, which affected the overall production of meat, dairy, and eggs. This indirectly impacted the demand for feed additives, creating a short-term decline. However, the pandemic also heightened the industry's awareness of the importance of animal health and biosecurity. Farmers and producers sought ways to enhance the health and immunity of their animals, fostering increased interest in nutritional supplements like zinc methionine chelates. Additionally, the disruptions in supply chains prompted many manufacturers to reevaluate and reinforce their supply chain resilience, potentially leading to more localized sourcing and production in the future to reduce vulnerabilities to global disruptions.

Moreover, the pandemic encouraged research and innovation in animal nutrition and health. Manufacturers and researchers explored novel ways to enhance the efficacy of feed additives, potentially paving the way for the development of more advanced and effective products in the future. While the pandemic temporarily disrupted the zinc methionine chelates market, the long-term outlook remains robust. As global populations continue to grow and urbanize, the demand for high-quality protein sources, including meat and meat products, is expected to persist. This sustained demand presents opportunities for the zinc methionine chelates market to recover and thrive in the post-pandemic landscape.

Drivers

Surging consumption of meat and meat products

The surging consumption of meat and meat products serves as a formidable catalyst in propelling the market growth of zinc methionine chelates, bolstered by a multitude of compelling factors. Foremost among these is the role of zinc methionine chelates as indispensable additives in animal feed, diligently enhancing the health and growth of livestock and poultry. These chelates are adept at optimizing nutrient absorption, metabolic processes, and overall animal well-being, resulting in accelerated growth rates, improved weight gain, and enhanced feed efficiency. This, in turn, ensures a consistent and reliable supply of high-quality meat and meat products, aligning perfectly with the burgeoning consumer demand.

Furthermore, zinc methionine chelates have demonstrated their capacity to bolster reproductive health in animals, contributing to increased breeding success rates and a more uniform production of high-quality offspring. This facet is pivotal in sustaining the supply of top-tier meat products to meet the escalating global consumption. An essential outcome of this consumption trend is the achievement of higher meat yields per animal, meeting the need for increased meat production to cater to the growing demand. Moreover, zinc methionine chelates contribute to sustainable and efficient animal farming practices, promoting resource efficiency and reduced environmental impact.

Consumer preferences are another influential factor, with an increasing number of consumers seeking high-quality, safe, and nutritionally rich meat and meat products. Zinc methionine chelates play a pivotal role in ensuring that animals receive the necessary nutrients for robust growth and development, ultimately yielding better-quality meat products that align with consumer expectations. As global populations expand and urbanize, the demand for meat and meat products continues to surge. This necessitates efficient, sustainable, and responsible meat production methods, where zinc methionine chelates assume a pivotal role in supporting this growth and ensuring a consistent supply of premium meat products to meet the burgeoning global demand.

Challenges

Government regulation for inorganic production

Government regulations designed to restrict the inorganic production of zinc methionine chelates wield a substantial influence on the market's growth trajectory, with multifaceted effects. Foremost, these regulations play a pivotal role in ensuring the quality and safety of animal feed additives, including chelates. By placing constraints or regulations on inorganic production methods, governments actively promote the use of safer and higher-quality products. This fosters confidence among consumers and within the livestock industry, thereby encouraging the adoption of chelates produced through approved, quality-centric methodologies.

Equally significant is the emphasis on environmental responsibility. Inorganic production methods often generate waste and byproducts that can have adverse environmental repercussions. Government regulations seek to mitigate this impact by advocating cleaner and more sustainable production approaches. Such measures align with global sustainability objectives and the promotion of responsible environmental practices within the industry. Consumer assurance is another pivotal aspect of regulatory endeavors. Stricter regulations yield safer and more dependable chelate products, alleviating concerns about the safety and quality of animal-derived products. In a contemporary era where consumers meticulously scrutinize the origin and composition of their food, government regulations offer a reassuring layer of confidence.

These regulations can also elevate market entry barriers by establishing exacting standards for product quality and production processes. While this may pose challenges for some manufacturers, it creates a favorable landscape for well-established and compliant producers who meet these stringent regulatory requirements. Furthermore, regulatory mandates stimulate innovation and research and development (R&D) within the industry. Manufacturers may channel their efforts into R&D initiatives to align with these standards and cultivate more efficient and environmentally friendly production processes, thereby propelling industry advancement.

Trends

Rising demand for high quality animal protein products

The surging demand for high-quality animal protein products plays a pivotal role in propelling the growth of the zinc methionine chelates market. This heightened demand is underpinned by several critical factors. Firstly, zinc methionine chelates serve as vital feed additives that enhance the health and growth of animals, ensuring they reach maturity faster and exhibit improved weight gain and feed efficiency. This is particularly crucial in meeting the rising consumer demand for meat, dairy, and egg products of superior quality. Moreover, the use of zinc methionine chelates is known to bolster the reproductive health of animals, leading to higher breeding success rates and a more consistent production of high-quality offspring. This factor is instrumental in sustaining the supply of top-tier animal protein products.

Furthermore, the adoption of these chelates is linked to reduced mortality rates among animals, ensuring that more animals reach maturity and reducing losses for farmers. The result is a reliable and continuous supply of high-quality protein products that meet consumer expectations. Quality assurance is another significant driver, with consumers increasingly focusing on the safety and quality of the animal protein products they consume. Zinc methionine chelates contribute to the assurance of high-quality meat, dairy, and eggs by providing animals with the essential nutrients required for healthy growth and development.

In line with global sustainability efforts, zinc methionine chelates also contribute to more environmentally responsible animal farming practices. They enhance nutrient utilization efficiency, reducing the environmental footprint of livestock and poultry farming, aligning with the growing trend of sustainable and responsible food production. Lastly, the world's expanding population and urbanization trends are driving the demand for protein-rich diets. Zinc methionine chelates facilitate the efficient production of high-quality animal protein products, ensuring a consistent supply to meet the burgeoning global demand.

Market Segmentation

By Livestock

• The Swine segment dominated the Zinc Methionine Chelates Market in 2022.
• Aqua is the fastest growing segment, growing at a CAGR of 4.2% during the forecast period.

By Livestock the Zinc Methionine Chelates Market is divided by Bovine, Poultry, Swine, Equine, Aqua, Pets.

Swine constituted the largest revenue share of 46.1% within the livestock segment in 2019. The escalating consumption of pork meat necessitates the production of high-quality, disease-free meat, propelling the demand for feed additives. Zinc methionine chelates are frequently employed as supplements in swine feed or incorporated into dietary formulations to ensure optimal growth and reproductive health while simultaneously enhancing overall animal well-being and reducing mortality rates.

Furthermore, the surging consumption of fish and fish products has generated a heightened requirement for disease-free, high-quality aquaculture products. This surge in demand for aquafeed additives is expected to stimulate the consumption of zinc methionine chelates within feed formulations. Additionally, the thriving global aquaculture industry, driven by the popularity of marine products like prawns and shrimps, is anticipated to bolster the demand for chelates over the forecast period. When employed as feed additives, zinc methionine chelates contribute to the reduction of scaling and fouling, foster healthy and efficient growth, and supply the essential nutrients necessary for proper physiological function.

By Region

• The APAC region dominated the Zinc Methionine Chelates Market in 2022.
• The North America region is the fastest growing segment, growing at a CAGR of 7.2% during the forecast period.

By region, the global Zinc Methionine Chelates Market is divided into North America, Europe, APAC and Others. Others is further divided into Middle East, Africa and South America.

The Asia-Pacific (APAC) region assumes a leading role in the zinc methionine chelates market due to its agricultural prominence, population growth, and increasing demand for high-quality animal products. Nations like China and India exhibit substantial demand for animal feed additives, with zinc methionine chelates playing a pivotal role in enhancing animal nutrition, particularly in the thriving livestock and poultry sectors. In contrast, North America and Europe emerge as the fastest-growing segments in the market, influenced by their stringent regulatory environments and a heightened focus on animal welfare and food safety. In these regions, consumers are increasingly conscious of the quality of their food products, encouraging the adoption of premium animal nutrition solutions, including chelated minerals such as zinc methionine. Technological advancements and a strong emphasis on environmental sustainability further contribute to the rapid growth in these regions, as they seek innovative solutions to ensure healthier and more sustainable food production.

Competitive Landscape

The global Zinc Methionine Chelates Market is consolidated with the presence of few major players contributing to the market revenue. This dominance of these major players is driven by their technological expertise, extensive resources, and established brand recognition. These companies typically offered comprehensive and diversified solutions to end use industries.

• Zinpro Corporation

Zinpro Corporation, a prominent producer of performance trace minerals and cutting-edge solutions for livestock, poultry, and aquaculture, was established in 1965. The company's headquarters is situated in Eden Prairie, Minnesota, United States, and it maintains a presence in more than 70 countries. Zinpro's innovative products have a global reach, benefiting over 1 billion animals worldwide. These products are meticulously crafted to enhance animal health, boost performance, and optimize productivity

• Novus International, Inc.

Novus International, Inc. is a worldwide leader in animal nutrition, dedicated to pioneering inventive solutions that empower producers to cultivate healthier and more productive livestock. Established in 1991 and headquartered in Chesterfield, Missouri, United States, Novus operates across more than 50 countries. The company's products have a remarkable global reach, benefiting over 1 billion animals worldwide.

• Kemin Industries, Inc.

Kemin Industries, Inc., a worldwide ingredient manufacturer with its headquarters in Des Moines, Iowa, United States, has been in operation since its establishment in 1961. It remains a family-owned and privately held company under the guidance of the Nelson family. Kemin boasts a global presence with a workforce of over 5,000 employees and operations spanning more than 100 countries. The company's diverse product range finds applications across an array of industries, encompassing human health and nutrition, animal health and nutrition, pet food, aquaculture, nutraceuticals, food technologies, crop technologies, textiles, biofuels, and the animal vaccine secto

• Aliphos
• QualiTech, Inc.
• Pancosma
• Aries Agro Limited
• Alltech
• Norel
• Lallemand Inc.
• Chaitanya Chemicals
• Selko Feed Additives (Division of Trouw Nutrition)
• AkzoNobel N.V.
• Nutreco N.V.
• ADM Animal Nutrition
• Global Animal Nutrition Solutions Inc.
• Ferro Corporation
• Invivo NSA
• Balchem Corporation
• Nutriad

Recent Developments

• In January 2023, Novus International, a global leader in animal health and nutrition, has recently completed its acquisition of Agrivida Inc., a biotech company known for its proprietary INTERIUS™ technology, which enables the incorporation of feed additives within grain. Novus's acquisition follows a two-year commercial partnership with Agrivida, during which Novus supported the promotion of Agrivida's flagship product, GRAINZYME®.
• In June 2023, At the World Pork Expo in Iowa, Novus International, a global leader in feed additives, introduced a comprehensive rebranding effort. This rebranding underscores the company's 32-year commitment to delivering enhanced value to its customers through advanced technology and global scientific research. Novus's renewed focus emphasizes its dedication to providing innovative solutions that offer unforeseen advantages to its customers. The company's press conference marked the commencement of a new era in smart solutions for global farmers, characterized by 'intelligent nutrition'.

Zinc Methionine Chelates Market Scope

Table of Contents

1 INTRODUCTION OF GLOBAL ZINC METHIONINE CHELATES MARKET

1.1 Overview of the Market

1.2 Scope of Report

1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY 

3.1 Data Mining

3.2 Validation

3.3 Primary Interviews

3.4 List of Data Sources

4 GLOBAL ZINC METHIONINE CHELATES MARKET OUTLOOK

4.1 Overview

4.2 Market Dynamics

4.2.1 Drivers

4.2.2 Restraints

4.2.3 Opportunities

4.3 Porters Five Force Model

4.3.1. Bargaining Power of Suppliers

4.3.2. Threat of New Entrants

4.3.3. Threat of Substitutes

4.3.4. Competitive Rivalry

4.3.5. Bargaining Power among Buyers

4.4 Value Chain Analysis

5 GLOBAL ZINC METHIONINE CHELATES MARKET, BY LIVESTOCK

5.1 Overview

5.2 Bovine

5.3 Poultry

5.4 Swine

5.5 Equine

5.6 Aqua

5.7 Pets

6 GLOBAL ZINC METHIONINE CHELATES MARKET, By REGION

6.1 North America

6.1.1 U.S.

6.1.2 Canada

6.2 Europe

6.2.1 Germany

6.2.3 U.K.

6.2.4 France

6.2.5 Rest of Europe

6.3 Asia Pacific

6.3.1 China

6.3.2 Japan

6.3.3 India

6.3.4 South Korea

6.3.5 Singapore

6.3.6 Malaysia

6.3.7 Australia

6.3.8 Thailand

6.3.9 Indonesia

6.3.10 Philippines

6.3.11 Rest of Asia Pacific

6.4 Others

6.4.1 Saudi Arabia

6.4.2 U.A.E.

6.4.3 South Africa

6.4.4 Egypt

6.4.5 Israel

6.4.6 Rest of Middle East and Africa (MEA)

6.4.7 Brazil

6.4.8 Argentina

6.4.9 Mexico

6.4.10 Rest of South America

7 COMPANY PROFILES

7.1 Zinpro Corporation

7.1.1. Company Overview

7.1.2. Key Executives

7.1.3. Operating Business Segments

7.1.4. Product Portfolio

7.1.5. Financial Performance (As per availability)

7.1.6 Key News

7.2 Novus International, Inc.

7.2.1. Company Overview

7.2.2. Key Executives

7.2.3. Operating Business Segments

7.2.4. Product Portfolio

7.2.5. Financial Performance (As per availability)

7.2.6. Key News

7.3 Kemin Industries, Inc.

7.3.1. Company Overview

7.3.2. Key Executives

7.3.3. Operating Business Segments

7.3.4. Product Portfolio

7.3.5. Financial Performance (As per availability)

7.3.6. Key News

7.4  Aliphos

7.4.1. Company Overview

7.4.2. Key Executives

7.4.3. Operating Business Segments

7.4.4. Product Portfolio

7.4.5. Financial Performance (As per availability)

7.4.6. Key News

7.5 QualiTech, Inc.

7.5.1. Company Overview

7.5.2. Key Executives

7.5.3. Operating Business Segments

7.5.4. Product Portfolio

7.5.5. Financial Performance (As per availability)

7.5.6. Key News

7.6 Pancosma

7.6.1. Company Overview

7.6.2. Key Executives

7.6.3. Operating Business Segments

7.6.4. Product Portfolio

7.6.5. Financial Performance (As per availability)

7.6.6. Key News

7.7 Aries Agro Limited

7.7.1. Company Overview

7.7.2. Key Executives

7.7.3. Operating Business Segments

7.7.4. Product Portfolio

7.7.5. Financial Performance (As per availability)

7.7.6. Key News

7.8 Alltech

7.8.1. Company Overview

7.8.2. Key Executives

7.8.3. Operating Business Segments

7.8.4. Product Portfolio

7.8.5. Financial Performance (As per availability)

7.8.6. Key News

7.9 Norel

7.9.1. Company Overview

7.9.2. Key Executives

7.9.3. Operating Business Segments

7.9.4. Product Portfolio

7.9.5. Financial Performance (As per availability)

7.9.6. Key News

7.10 Lallemand Inc.

7.10.1. Company Overview

7.10.2. Key Executives

7.10.3. Operating Business Segments

7.10.4. Product Portfolio

7.10.5. Financial Performance (As per availability)

7.10.6. Key News

7.11 Chaitanya Chemicals

7.11.1. Company Overview

7.11.2. Key Executives

7.11.3. Operating Business Segments

7.11.4. Product Portfolio

7.11.5. Financial Performance (As per availability)

7.11.6. Key News

7.12 Selko Feed Additives (Division of Trouw Nutrition)

7.12.1. Company Overview

7.12.2. Key Executives

7.12.3. Operating Business Segments

7.12.4. Product Portfolio

7.12.5. Financial Performance (As per availability)

7.12.6. Key News

7.13 AkzoNobel N.V

7.13.1. Company Overview

7.13.2. Key Executives

7.13.3. Operating Business Segments

7.13.4. Product Portfolio

7.13.5. Financial Performance (As per availability)

7.13.6. Key News

7.14  Nutreco N.V.

7.14.1. Company Overview

7.14.2. Key Executives

7.14.3. Operating Business Segments

7.14.4. Product Portfolio

7.14.5. Financial Performance (As per availability)

7.14.6. Key News

7.15 ADM Animal Nutrition 

7.15.1. Company Overview

7.15.2. Key Executives

7.15.3. Operating Business Segments

7.15.4. Product Portfolio

7.15.5. Financial Performance (As per availability)

7.15.6. Key News

7.16 Global Animal Nutrition Solutions Inc.

7.16.1. Company Overview

7.16.2. Key Executives

7.16.3. Operating Business Segments

7.16.4. Product Portfolio

7.16.5. Financial Performance (As per availability)

7.16.6. Key News

7.17 Ferro Corporation

7.17.1. Company Overview

7.17.2. Key Executives

7.17.3. Operating Business Segments

7.17.4. Product Portfolio

7.17.5. Financial Performance (As per availability)

7.17.6. Key News

7.18 Invivo NSA

7.18.1. Company Overview

7.18.2. Key Executives

7.18.3. Operating Business Segments

7.18.4. Product Portfolio

7.18.5. Financial Performance (As per availability)

7.18.6. Key News

7.19 Balchem Corporation

7.19.1. Company Overview

7.19.2. Key Executives

7.19.3. Operating Business Segments

7.19.4. Product Portfolio

7.19.5. Financial Performance (As per availability)

7.19.6. Key News

7.20 Nutriad

7.20.1. Company Overview

7.20.2. Key Executives

7.20.3. Operating Business Segments

7.20.4. Product Portfolio

7.20.5. Financial Performance (As per availability)

7.20.6. Key News

Global Zinc Methionine Chelates Market Segmentation

Zinc Methionine Chelates by Livestock: Market Size & Forecast 2023-2030

• Bovine
• Poultry
• Swine
• Equine
• Aqua
• Pets

Zinc Methionine Chelates by Geography: Market Size & Forecast 2023-2030

• North America (USA, Canada, Mexico)
• Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
• Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
• South America (Brazil, Argentina, Columbia, Rest of South America)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Major Players:

• Zinpro Corporation
• Novus International, Inc.
• Kemin Industries, Inc.
• Aliphos
• QualiTech, Inc.
• Pancosma
• Aries Agro Limited
• Alltech
• Norel
• Lallemand Inc.
• Chaitanya Chemicals
• Selko Feed Additives (Division of Trouw Nutrition)
• AkzoNobel N.V.
• Nutreco N.V.
• ADM Animal Nutrition
• Global Animal Nutrition Solutions Inc.
• Ferro Corporation
• Invivo NSA
• Balchem Corporation
• Nutriad