Home > > Global Zinc Methionine Chelates Market Report
The Zinc Methionine Chelates market was valued at $13.3 Million in 2022, and is projected to reach $23.6 Million by 2032 growing at a CAGR of 5.92% from 2023 to 2032.Zinc methionine chelates are compounds that are formed when the mineral zinc is bound to the amino acid methionine. These chelates are used as a dietary supplement for animals, particularly livestock and pets. There are several factors that are driving the market for zinc methionine chelates. One of the main drivers is the increasing demand for animal protein, which has led to a growth in the livestock and aquaculture industries. As a result, there is a growing demand for feed additives, including zinc methionine chelates, to improve the health and productivity of animals. Another driver of the market is the increasing awareness of the role of nutrition in animal health. Zinc methionine chelates are thought to have several benefits for animals, including improving immune function, promoting growth and development, and reducing the risk of certain diseases. There are also several trends and opportunities in the market for zinc methionine chelates. One trend is the increasing demand for natural and organic feed additives, as consumers become more concerned about the health and environmental impacts of their food. Another opportunity is the growing demand for animal-derived products, such as meat and dairy, in developing countries, which is expected to drive demand for feed additives like zinc methionine chelates. There are several companies that are active in the market for zinc methionine chelates, including Bioiberica, Novus International, and Adisseo. These companies have made a number of developments in recent years, such as introducing new products, expanding their production capabilities, and collaborating with other companies to meet the growing demand for zinc methionine chelates.