The Latin America, Middle East and Africa Zinc Methionine Chelates Market would witness market growth of 8.4% CAGR during the forecast period (2021-2027).
Zinc methionine is the most common metal complex, which is made by mixing zinc sulfate with the amino acid methionine. Zinc methionine chelates with organic molecules including amino acids and polysaccharides during the processing of trace minerals, making it easier to absorb. They help animals develop their fertility, eggshell quality, immunity, hoof and skin integrity, muscle, and milk production. Despite the fact that they are only used in trace amounts, their impact on animal health and productivity cannot be overstated. They're also utilized to help animals' metabolic and immunological systems work better.
Zinc methionine chelates are more water-soluble, stable, and quickly absorbed by the body than other supplements. Due to the significant price of raw materials, chelation technique, and delivery, mineral chelates are more expensive than inorganic minerals.
According to the United Nations' Food and Agriculture Organization (FAO), food demand is expected to increase by 60% by 2050, and animal protein production is expected to increase by 1.7 percent per year between 2010 and 2050, with meat production expected to increase by nearly 70%, aquaculture by 90%, and dairy by 55%. Some of the major trends of the regional market are strong demand for natural feed supplements. The need for appropriate animal health has grown as livestock production in the region and its suburbs has grown in response to increased demand for meat and dairy products. Moreover, changes in food preferences and greater intake of animal-based protein increased livestock product consumption has been witnessed recently in countries like Brazil and others.
The Brazil market dominated the LAMEA Zinc Methionine Chelates Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $567.5 Thousands by 2027. The Argentina market is exhibiting a CAGR of 9% during (2021 - 2027). Additionally, The Egypt market would display a CAGR of 7.8% during (2021 - 2027).
Based on Livestock Type, the market is segmented into Swine, Poultry, Aqua, Equine, Bovine, and Pets. Based on countries, the market is segmented into Brazil, Argentina, Egypt, Tanzania, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Zinc Methionine Chelates Market is Predict to reach $18.4 Million by 2027, at a CAGR of 6.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Zinpro Corporation, Novus International, Inc., UNO Vetchem, Titan Biotech Ltd., JH Biotech, Inc., Balchem, Inc., Chengdu Chelation Biology Technology Co., Ltd., Alltech, and Priya Chemicals.
Scope of the Study
Market Segments Covered in the Report:
By Livestock Type
- Swine
- Poultry
- Aqua
- Equine
- Bovine
- Pets
By Country
- Brazil
- Argentina
- Egypt
- Tanzania
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Zinpro Corporation
- Novus International, Inc.,
- UNO Vetchem
- Titan Biotech Ltd.
- JH Biotech, Inc.
- Balchem, Inc.
- Chengdu Chelation Biology Technology Co., Ltd.
- Alltech
- Priya Chemicals
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Zinc Methionine Chelates Market, by Livestock Type
1.4.2 LAMEA Zinc Methionine Chelates Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. LAMEA Zinc Methionine Chelates Market by Livestock Type
3.1 LAMEA Swine Market by Country
3.2 LAMEA Poultry Market by Country
3.3 LAMEA Aqua Market by Country
3.4 LAMEA Equine Market by Country
3.5 LAMEA Bovine Market by Country
3.6 LAMEA Pets Market by Country
Chapter 4. LAMEA Zinc Methionine Chelates Market by Country
4.1 Brazil Zinc Methionine Chelates Market
4.1.1 Brazil Zinc Methionine Chelates Market by Livestock Type
4.2 Argentina Zinc Methionine Chelates Market
4.2.1 Argentina Zinc Methionine Chelates Market by Livestock Type
4.3 Egypt Zinc Methionine Chelates Market
4.3.1 Egypt Zinc Methionine Chelates Market by Livestock Type
4.4 Tanzania Zinc Methionine Chelates Market
4.4.1 Tanzania Zinc Methionine Chelates Market by Livestock Type
4.5 South Africa Zinc Methionine Chelates Market
4.5.1 South Africa Zinc Methionine Chelates Market by Livestock Type
4.6 Nigeria Zinc Methionine Chelates Market
4.6.1 Nigeria Zinc Methionine Chelates Market by Livestock Type
4.7 Rest of LAMEA Zinc Methionine Chelates Market
4.7.1 Rest of LAMEA Zinc Methionine Chelates Market by Livestock Type
Chapter 5. Company Profiles
5.1 Balchem Corporation
5.1.1 Company Overview
5.1.2 Financial Analysis
5.1.3 Regional & Segmental Analysis
5.1.4 Research & Development Expenses
5.1.5 Recent strategies and developments:
5.1.5.1 Geographical Expansions:
5.2 Zinpro Corporation
5.2.1 Company Overview
5.2.2 Recent strategies and developments:
5.2.2.1 Acquisition and Mergers:
5.3 Alltech, Inc.
5.3.1 Company Overview
5.3.2 Recent strategies and developments:
5.3.2.1 Product Launches and Product Expansions:
5.4 Novus International, Inc. (Mitsui & Co., Ltd.)
5.4.1 Company Overview
5.4.2 Financial Analysis
5.5 UNO Vetchem
5.5.1 Company Overview
5.6 JH Biotech, Inc.
5.6.1 Company Overview
5.7 Chengdu Chelation Biology Technology Co., Ltd.
5.7.1 Company Overview
5.8 Priya Chemicals
5.8.1 Company Overview
5.9 Titan Biotech Ltd.
5.9.1 Company Overview
5.9.2 Financial Analysis
5.9.3 Regional Analysis
TABLE 1 LAMEA Zinc Methionine Chelates Market, 2017 - 2020, USD Thousands
TABLE 2 LAMEA Zinc Methionine Chelates Market, 2021 - 2027, USD Thousands
TABLE 3 LAMEA Zinc Methionine Chelates Market by Livestock Type, 2017 - 2020, USD Thousands
TABLE 4 LAMEA Zinc Methionine Chelates Market by Livestock Type, 2021 - 2027, USD Thousands
TABLE 5 LAMEA Swine Market by Country, 2017 - 2020, USD Thousands
TABLE 6 LAMEA Swine Market by Country, 2021 - 2027, USD Thousands
TABLE 7 LAMEA Poultry Market by Country, 2017 - 2020, USD Thousands
TABLE 8 LAMEA Poultry Market by Country, 2021 - 2027, USD Thousands
TABLE 9 LAMEA Aqua Market by Country, 2017 - 2020, USD Thousands
TABLE 10 LAMEA Aqua Market by Country, 2021 - 2027, USD Thousands
TABLE 11 LAMEA Equine Market by Country, 2017 - 2020, USD Thousands
TABLE 12 LAMEA Equine Market by Country, 2021 - 2027, USD Thousands
TABLE 13 LAMEA Bovine Market by Country, 2017 - 2020, USD Thousands
TABLE 14 LAMEA Bovine Market by Country, 2021 - 2027, USD Thousands
TABLE 15 LAMEA Pets Market by Country, 2017 - 2020, USD Thousands
TABLE 16 LAMEA Pets Market by Country, 2021 - 2027, USD Thousands
TABLE 17 LAMEA Zinc Methionine Chelates Market by Country, 2017 - 2020, USD Thousands
TABLE 18 LAMEA Zinc Methionine Chelates Market by Country, 2021 - 2027, USD Thousands
TABLE 19 Brazil Zinc Methionine Chelates Market, 2017 - 2020, USD Thousands
TABLE 20 Brazil Zinc Methionine Chelates Market, 2021 - 2027, USD Thousands
TABLE 21 Brazil Zinc Methionine Chelates Market by Livestock Type, 2017 - 2020, USD Thousands
TABLE 22 Brazil Zinc Methionine Chelates Market by Livestock Type, 2021 - 2027, USD Thousands
TABLE 23 Argentina Zinc Methionine Chelates Market, 2017 - 2020, USD Thousands
TABLE 24 Argentina Zinc Methionine Chelates Market, 2021 - 2027, USD Thousands
TABLE 25 Argentina Zinc Methionine Chelates Market by Livestock Type, 2017 - 2020, USD Thousands
TABLE 26 Argentina Zinc Methionine Chelates Market by Livestock Type, 2021 - 2027, USD Thousands
TABLE 27 Egypt Zinc Methionine Chelates Market, 2017 - 2020, USD Thousands
TABLE 28 Egypt Zinc Methionine Chelates Market, 2021 - 2027, USD Thousands
TABLE 29 Egypt Zinc Methionine Chelates Market by Livestock Type, 2017 - 2020, USD Thousands
TABLE 30 Egypt Zinc Methionine Chelates Market by Livestock Type, 2021 - 2027, USD Thousands
TABLE 31 Tanzania Zinc Methionine Chelates Market, 2017 - 2020, USD Thousands
TABLE 32 Tanzania Zinc Methionine Chelates Market, 2021 - 2027, USD Thousands
TABLE 33 Tanzania Zinc Methionine Chelates Market by Livestock Type, 2017 - 2020, USD Thousands
TABLE 34 Tanzania Zinc Methionine Chelates Market by Livestock Type, 2021 - 2027, USD Thousands
TABLE 35 South Africa Zinc Methionine Chelates Market, 2017 - 2020, USD Thousands
TABLE 36 South Africa Zinc Methionine Chelates Market, 2021 - 2027, USD Thousands
TABLE 37 South Africa Zinc Methionine Chelates Market by Livestock Type, 2017 - 2020, USD Thousands
TABLE 38 South Africa Zinc Methionine Chelates Market by Livestock Type, 2021 - 2027, USD Thousands
TABLE 39 Nigeria Zinc Methionine Chelates Market, 2017 - 2020, USD Thousands
TABLE 40 Nigeria Zinc Methionine Chelates Market, 2021 - 2027, USD Thousands
TABLE 41 Nigeria Zinc Methionine Chelates Market by Livestock Type, 2017 - 2020, USD Thousands
TABLE 42 Nigeria Zinc Methionine Chelates Market by Livestock Type, 2021 - 2027, USD Thousands
TABLE 43 Rest of LAMEA Zinc Methionine Chelates Market, 2017 - 2020, USD Thousands
TABLE 44 Rest of LAMEA Zinc Methionine Chelates Market, 2021 - 2027, USD Thousands
TABLE 45 Rest of LAMEA Zinc Methionine Chelates Market by Livestock Type, 2017 - 2020, USD Thousands
TABLE 46 Rest of LAMEA Zinc Methionine Chelates Market by Livestock Type, 2021 - 2027, USD Thousands
TABLE 47 Key information – Balchem Corporation
TABLE 48 Key information – Zinpro Corporation
TABLE 49 Key Information – Alltech, Inc.
TABLE 50 Key information – Novus International, Inc.
TABLE 51 Key information – UNO Vetchem
TABLE 52 Key information – JH Biotech, Inc.
TABLE 53 Key information – Chengdu Chelation Biology Technology Co., Ltd.
TABLE 54 Key information – Priya Chemicals
TABLE 55 Key Information – Titan Biotech Ltd.
List of Figures
FIG 1 Methodology for the research