Middle East And Africa Animal Feed Micronutrients Market

Middle East and Africa Animal Feed Micronutrients Market Size (2024 to 2029)

The Middle East and Africa animal feed micronutrients market size is expected to reach USD 204.53 Million in 2024 and reach USD 265.07 Million by 2029, growing at a CAGR of 5.323 % from 2024 to 2029.The Middle East and Africa animal feed micronutrients market is increasing at a tremendous pace because of its large population and increasing economies in developing countries.

Animal Feed Micronutrients are important animal feed additives for improving animal feed quality to produce high-quality animal products like milk, wool, etc., and also for the good health of pet animals. Animal Feed micronutrients are becoming famous essentially because of their greater performance and growing applications, for example, development promoter, prevention, and cure of illnesses, amplifying reproduction rate, and for improving feed digestibility in animals.

Market Drivers

Growing expenses on animal wellbeing, Rising interest in owning pet animals, and wellness combined with the success of animal feed micronutrients in the development and fertility of the animals are some of the major factors driving the Middle East and African animal feed micronutrients market. Furthermore, the rising demand for animal protein from milk and meat-delivering cattle combined with the recent illness epidemic in cattle is further driving the Middle East and African animal feed micronutrient market.

Market Restraints

The critical dosage use of animal feed micronutrients and lack of awareness about the advantages of micronutrients among uneducated and poor farmers are major factors restraining the animal feed micronutrient industry.

SEGMENT ANALYSIS

Middle East and Africa Animal Feed Micronutrients Market By Types of Micronutrients

• Zinc
• Iron
• Manganese
• Copper

Middle East and Africa Animal Feed Micronutrients Market By Livestock

• Ruminant
• Poultry
• Aqua
• Swine
• Equine

COUNTRY ANALYSIS

• KSA
• UAE
• Israel
• rest of GCC countries
• South Africa
• Ethiopia
• Kenya
• Egypt
• Sudan
• rest of MEA

Geographically, this market is further segmented into the Middle East and Africa. This region has the lowest CAGR compared to the rest and will grow at a slightly sluggish pace.

Key Players In The Middle East And Africa Animal Feed Micronutrients Market

Major companies operating in the Middle East and Africa market include Archer Daniels Midland Company (ADM), Balchem Corp., Lallemand Inc., Alltech Inc., Cargill Inc., Novus International Inc., Kemin Industries Inc., Zinpro Corporation, Nutreco N.V. and Qualitech Inc.