MARKET REPORT 80 FEED & ADDITIVE MAGAZINE June 2024 Feed minerals are defined as inorganic elements necessary for the physiological functions and metabolic processes of animals. These minerals are classified as macro and micro minerals (trace minerals). The macro mineral group includes minerals such as calcium, phosphorus, magnesium, potassium, sodium, chlorine, and sulphur, while the micro mineral group includes minerals such as iron, copper, zinc, iodine, selenium, cobalt, chromium, fluorine, manganese, and molybdenum. Feed Minerals and Global Market Status Feed minerals play a vital role in maintaining the health and productivity of animals. They are essential to ensure optimum development of animals, maintain health, promote reproduction, support their performance, and increase disease resistance. Additionally, they also play a role in the quality and consistency of animal products. As a result, reports reveal that the global feed minerals market is showing positive signs of growth. With a current market size of billions of dollars and a steady CAGR, the market is estimated to reach a size of approximately USD 5 billion by 2030. Sponsored by By Derya Yildiz
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