Market Share of Animal Feed Organic Trace Minerals Industry
The global animal feed organic trace elements market is fragmented and is dominated by several small and medium regional, and local companies. The leading international companies in this market include Alltech, Archer Daniels Midland Company, Cargill, Kemin Industries, and Zinpro. The companies are increasingly expanding their market presence and getting involved in mergers and acquisitions to stay relevant and grow in the global market. For example, Kemin Industries opened an innovation and technology center in China making an investment of USD 14.2 million in 2019. In 2018, the company had also acquired Canadian company and its long-time distributor Agri-Marketing Corp. Agri-Marketing, to expand its presence in the country.
Animal Feed Organic Trace Minerals Market Leaders
Alltech Inc.
Archer Daniels Midland Company
Biochem
Cargill, Incorporated
Kemin Industries, Inc.
*Disclaimer: Major Players sorted in no particular order
