India Feed Minerals Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029

The India Feed Minerals Market is segmented by Sub Additive (Macrominerals, Microminerals) and by Animal (Aquaculture, Poultry, Ruminants, Swine)

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India Feed Minerals Market Size

India Feed Minerals Market Summary
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https://s3.mordorlabs.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2017 - 2029
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2023) USD 167.86 Million
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2028) USD 227.51 Million
https://s3.mordorlabs.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2023 - 2028) 6.27 %
https://s3.mordorlabs.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by Sub Additive Macrominerals
https://s3.mordorlabs.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Fastest Growing by Sub Additive Macrominerals

Major Players
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*Disclaimer: Major Players sorted in no particular order

Key Players

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India Feed Minerals Market Analysis

The India Feed Minerals Market size is expected to grow from USD 167.86 million in 2023 to USD 227.51 million by 2028, at a CAGR of 6.27% during the forecast period (2023-2028).

  • Macrominerals is the Largest Sub Additive : Macrominerals are the largest segment as minerals such as calcium, potassium, and others are required in animal feed. Their deficiency leads to diseases in animals.
  • Ruminants is the Largest Animal : The ruminant segment is the largest because ruminants are one of the most important animal types and a major producer of milk in the dairy industry. Ruminants have a high population in India.
  • Macrominerals is the Fastest-growing Sub Additive : Macrominerals are the fastest-growing subadditive segment due to the increasing livestock population and their importance in preventing acidosis and alkalis in ruminants.
  • Ruminants is the Fastest-growing Animal : Ruminants comprise the fastest-growing animal segment due to the increased animal population, demand for milk, and awareness of the health benefits of minerals in animal feed.

India Feed Minerals Market Trends

This section covers the major market trends shaping the India Feed Minerals Market according to our research experts:

Macrominerals is the largest Sub Additive

  • India was the second-largest country in Asia-Pacific with respect to the feed minerals market in 2022, accounting for 9.8% of the market. In India, the feed minerals segment of the feed additives market accounted for almost 11.3% in 2022, valued at USD 0.11 billion.
  • Macrominerals had the largest share, valued at almost USD 100 million in 2022. Macrominerals such as calcium, magnesium, phosphorus, potassium, and others are essential to all types of animals in their diet, and the deficiency of these minerals leads to various kinds of diseases. Ruminants were the largest segment by animal type in the feed minerals market, accounting for 52.4% in 2022. The usage of minerals in ruminants was higher because of the higher dosage rates and their importance in preventing acidosis and alkalis in ruminant animals.
  • Microminerals were valued at USD 9.2 million in 2022. They are majorly consumed by the poultry sector in the country; poultry accounted for 68% of the feed microminerals market in 2022.
  • The segment for macrominerals in the feed minerals market is expected to grow at a rapid pace, registering a CAGR of 5% during the forecast period. With the growing awareness of the usage of minerals and the increase in commercial farming, especially with respect to dairy cattle, broilers, and layers, the market is expected to grow in the country, registering a CAGR of 4.9% during the forecast period.
  • The feed minerals market in India is expected to witness growth in the coming years, with the macromineral segment leading the way. This growth is expected to be driven by factors such as the importance of minerals in animal health, the increase in commercial farming, and the growing awareness of the usage of minerals.
India Feed Minerals Market: India Feed Minerals Market, CAGR, %, By Sub Additive, 2023 - 2029

India Feed Minerals Industry Overview

The India Feed Minerals Market is moderately consolidated, with the top five companies occupying 50.29%. The major players in this market are Adisseo, Alltech, Inc., Archer Daniel Midland Co., BASF SE and Solvay S.A. (sorted alphabetically).

India Feed Minerals Market Leaders

  1. Adisseo

  2. Alltech, Inc.

  3. Archer Daniel Midland Co.

  4. BASF SE

  5. Solvay S.A.

*Disclaimer: Major Players sorted in no particular order

India Feed Minerals Market Concentration
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India Feed Minerals Market News

  • January 2023: Novus International acquired the Biotech company Agrivida to develop new feed additives.
  • April 2022: Novus International opened a new corporate office in India. This helps the company to improve its market and access the advantage of the location.
  • December 2021: Nutreco partnered with the tech start-up Stellapps. This will give accessibility for the company to sell feed products, premixes, and feed additives to three million smallholder farmers using Stellapps’ technology.

India Feed Minerals Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1. Study Assumptions & Market Definition

    2. 1.2. Scope of the Study​

    3. 1.3. Research Methodology

  2. 2. KEY INDUSTRY TRENDS

    1. 2.1. Animal Headcount

    2. 2.2. Feed Production

    3. 2.3. Regulatory Framework

    4. 2.4. Value Chain & Distribution Channel Analysis

  3. 3. MARKET SEGMENTATION

    1. 3.1. Sub Additive

      1. 3.1.1. Macrominerals

      2. 3.1.2. Microminerals

    2. 3.2. Animal

      1. 3.2.1. Aquaculture

        1. 3.2.1.1. By Sub Animal

          1. 3.2.1.1.1. Fish

          2. 3.2.1.1.2. Shrimp

          3. 3.2.1.1.3. Other Aquaculture Species

      2. 3.2.2. Poultry

        1. 3.2.2.1. By Sub Animal

          1. 3.2.2.1.1. Broiler

          2. 3.2.2.1.2. Layer

          3. 3.2.2.1.3. Other Poultry Birds

      3. 3.2.3. Ruminants

        1. 3.2.3.1. By Sub Animal

          1. 3.2.3.1.1. Dairy Cattle

          2. 3.2.3.1.2. Other Ruminants

      4. 3.2.4. Swine

      5. 3.2.5. Other Animals

  4. 4. COMPETITIVE LANDSCAPE

    1. 4.1. Key Strategic Moves

    2. 4.2. Market Share Analysis

    3. 4.3. Company Landscape

    4. 4.4. Company Profiles

      1. 4.4.1. Adisseo

      2. 4.4.2. Alltech, Inc.

      3. 4.4.3. Archer Daniel Midland Co.

      4. 4.4.4. BASF SE

      5. 4.4.5. Cargill Inc.

      6. 4.4.6. Kemin Industries

      7. 4.4.7. Marubeni Corporation (Orffa International Holding B.V.)

      8. 4.4.8. Novus International, Inc.

      9. 4.4.9. SHV (Nutreco NV)

      10. 4.4.10. Solvay S.A.

  5. 5. KEY STRATEGIC QUESTIONS FOR FEED ADDITIVE CEOS

  6. 6. APPENDIX

    1. 6.1. Global Overview

      1. 6.1.1. Overview

      2. 6.1.2. Porter’s Five Forces Framework

      3. 6.1.3. Global Value Chain Analysis

      4. 6.1.4. Global Market Size and DROs

    2. 6.2. Sources & References

    3. 6.3. List of Tables & Figures

    4. 6.4. Primary Insights

    5. 6.5. Data Pack

    6. 6.6. Glossary of Terms

List of Tables & Figures

  1. Figure 1:  
  2. INDIA FEED MINERALS MARKET, ANIMAL HEAD COUNT, NUMBER, BY POULTRY, 2017-2022
  1. Figure 2:  
  2. INDIA FEED MINERALS MARKET, ANIMAL HEAD COUNT, NUMBER, BY RUMINANTS, 2017-2022
  1. Figure 3:  
  2. INDIA FEED MINERALS MARKET, ANIMAL HEAD COUNT, NUMBER, BY SWINE, 2017-2022
  1. Figure 4:  
  2. INDIA FEED MINERALS MARKET, FEED PRODUCTION, METRIC TON, BY AQUACULTURE, 2017-2022
  1. Figure 5:  
  2. INDIA FEED MINERALS MARKET, FEED PRODUCTION, METRIC TON, BY POULTRY, 2017-2022
  1. Figure 6:  
  2. INDIA FEED MINERALS MARKET, FEED PRODUCTION, METRIC TON, BY RUMINANTS, 2017-2022
  1. Figure 7:  
  2. INDIA FEED MINERALS MARKET, FEED PRODUCTION, METRIC TON, BY SWINE, 2017-2022
  1. Figure 8:  
  2. INDIA FEED MINERALS MARKET, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 9:  
  2. INDIA FEED MINERALS MARKET, VALUE, USD, 2017 - 2029
  1. Figure 10:  
  2. INDIA FEED MINERALS MARKET, BY SUB ADDITIVE, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 11:  
  2. INDIA FEED MINERALS MARKET, BY SUB ADDITIVE, VALUE, USD, 2017 - 2029
  1. Figure 12:  
  2. INDIA FEED MINERALS MARKET, VOLUME SHARE(%), BY SUB ADDITIVE, 2017 - 2029
  1. Figure 13:  
  2. INDIA FEED MINERALS MARKET, VALUE SHARE(%), BY SUB ADDITIVE, 2017 - 2029
  1. Figure 14:  
  2. INDIA FEED MINERALS MARKET, BY SUB ADDITIVE, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 15:  
  2. INDIA FEED MINERALS MARKET, BY SUB ADDITIVE, VALUE, USD, 2017 - 2029
  1. Figure 16:  
  2. INDIA FEED MINERALS MARKET, VALUE SHARE(%), BY ANIMAL, 2022 - 2029
  1. Figure 17:  
  2. INDIA FEED MINERALS MARKET, BY SUB ADDITIVE, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 18:  
  2. INDIA FEED MINERALS MARKET, BY SUB ADDITIVE, VALUE, USD, 2017 - 2029
  1. Figure 19:  
  2. INDIA FEED MINERALS MARKET, VALUE SHARE(%), BY ANIMAL, 2022 - 2029
  1. Figure 20:  
  2. INDIA FEED MINERALS MARKET, BY ANIMAL, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 21:  
  2. INDIA FEED MINERALS MARKET, BY ANIMAL, VALUE, USD, 2017 - 2029
  1. Figure 22:  
  2. INDIA FEED MINERALS MARKET, VOLUME SHARE(%), BY ANIMAL, 2017 - 2029
  1. Figure 23:  
  2. INDIA FEED MINERALS MARKET, VALUE SHARE(%), BY ANIMAL, 2017 - 2029
  1. Figure 24:  
  2. INDIA FEED MINERALS MARKET, BY SUB ANIMAL, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 25:  
  2. INDIA FEED MINERALS MARKET, BY SUB ANIMAL, VALUE, USD, 2017 - 2029
  1. Figure 26:  
  2. INDIA FEED MINERALS MARKET, VOLUME SHARE(%), BY SUB ANIMAL, 2017 - 2029
  1. Figure 27:  
  2. INDIA FEED MINERALS MARKET, VALUE SHARE(%), BY SUB ANIMAL, 2017 - 2029
  1. Figure 28:  
  2. INDIA FEED MINERALS MARKET, BY SUB ANIMAL, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 29:  
  2. INDIA FEED MINERALS MARKET, BY SUB ANIMAL, VALUE, USD, 2017 - 2029
  1. Figure 30:  
  2. INDIA FEED MINERALS MARKET, VALUE SHARE(%), BY SUB ADDITIVE, 2022 - 2029
  1. Figure 31:  
  2. INDIA FEED MINERALS MARKET, BY SUB ANIMAL, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 32:  
  2. INDIA FEED MINERALS MARKET, BY SUB ANIMAL, VALUE, USD, 2017 - 2029
  1. Figure 33:  
  2. INDIA FEED MINERALS MARKET, VALUE SHARE(%), BY SUB ADDITIVE, 2022 - 2029
  1. Figure 34:  
  2. INDIA FEED MINERALS MARKET, BY SUB ANIMAL, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 35:  
  2. INDIA FEED MINERALS MARKET, BY SUB ANIMAL, VALUE, USD, 2017 - 2029
  1. Figure 36:  
  2. INDIA FEED MINERALS MARKET, VALUE SHARE(%), BY SUB ADDITIVE, 2022 - 2029
  1. Figure 37:  
  2. INDIA FEED MINERALS MARKET, BY SUB ANIMAL, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 38:  
  2. INDIA FEED MINERALS MARKET, BY SUB ANIMAL, VALUE, USD, 2017 - 2029
  1. Figure 39:  
  2. INDIA FEED MINERALS MARKET, VOLUME SHARE(%), BY SUB ANIMAL, 2017 - 2029
  1. Figure 40:  
  2. INDIA FEED MINERALS MARKET, VALUE SHARE(%), BY SUB ANIMAL, 2017 - 2029
  1. Figure 41:  
  2. INDIA FEED MINERALS MARKET, BY SUB ANIMAL, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 42:  
  2. INDIA FEED MINERALS MARKET, BY SUB ANIMAL, VALUE, USD, 2017 - 2029
  1. Figure 43:  
  2. INDIA FEED MINERALS MARKET, VALUE SHARE(%), BY SUB ADDITIVE, 2022 - 2029
  1. Figure 44:  
  2. INDIA FEED MINERALS MARKET, BY SUB ANIMAL, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 45:  
  2. INDIA FEED MINERALS MARKET, BY SUB ANIMAL, VALUE, USD, 2017 - 2029
  1. Figure 46:  
  2. INDIA FEED MINERALS MARKET, VALUE SHARE(%), BY SUB ADDITIVE, 2022 - 2029
  1. Figure 47:  
  2. INDIA FEED MINERALS MARKET, BY SUB ANIMAL, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 48:  
  2. INDIA FEED MINERALS MARKET, BY SUB ANIMAL, VALUE, USD, 2017 - 2029
  1. Figure 49:  
  2. INDIA FEED MINERALS MARKET, VALUE SHARE(%), BY SUB ADDITIVE, 2022 - 2029
  1. Figure 50:  
  2. INDIA FEED MINERALS MARKET, BY SUB ANIMAL, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 51:  
  2. INDIA FEED MINERALS MARKET, BY SUB ANIMAL, VALUE, USD, 2017 - 2029
  1. Figure 52:  
  2. INDIA FEED MINERALS MARKET, VOLUME SHARE(%), BY SUB ANIMAL, 2017 - 2029
  1. Figure 53:  
  2. INDIA FEED MINERALS MARKET, VALUE SHARE(%), BY SUB ANIMAL, 2017 - 2029
  1. Figure 54:  
  2. INDIA FEED MINERALS MARKET, BY SUB ANIMAL, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 55:  
  2. INDIA FEED MINERALS MARKET, BY SUB ANIMAL, VALUE, USD, 2017 - 2029
  1. Figure 56:  
  2. INDIA FEED MINERALS MARKET, VALUE SHARE(%), BY SUB ADDITIVE, 2022 - 2029
  1. Figure 57:  
  2. INDIA FEED MINERALS MARKET, BY SUB ANIMAL, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 58:  
  2. INDIA FEED MINERALS MARKET, BY SUB ANIMAL, VALUE, USD, 2017 - 2029
  1. Figure 59:  
  2. INDIA FEED MINERALS MARKET, VALUE SHARE(%), BY SUB ADDITIVE, 2022 - 2029
  1. Figure 60:  
  2. INDIA FEED MINERALS MARKET, BY ANIMAL, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 61:  
  2. INDIA FEED MINERALS MARKET, BY ANIMAL, VALUE, USD, 2017 - 2029
  1. Figure 62:  
  2. INDIA FEED MINERALS MARKET, VALUE SHARE(%), BY SUB ADDITIVE, 2022 - 2029
  1. Figure 63:  
  2. INDIA FEED MINERALS MARKET, BY ANIMAL, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 64:  
  2. INDIA FEED MINERALS MARKET, BY ANIMAL, VALUE, USD, 2017 - 2029
  1. Figure 65:  
  2. INDIA FEED MINERALS MARKET, VALUE SHARE(%), BY SUB ADDITIVE, 2022 - 2029
  1. Figure 66:  
  2. INDIA FEED MINERALS MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2016 - 2022
  1. Figure 67:  
  2. INDIA FEED MINERALS MARKET, MOST ADOPTED STRATEGIES, 2016 - 2022
  1. Figure 68:  
  2. INDIA FEED MINERALS MARKET SHARE(%), BY MAJOR PLAYERS, 2022

India Feed Minerals Industry Segmentation

Macrominerals, Microminerals are covered as segments by Sub Additive. Aquaculture, Poultry, Ruminants, Swine are covered as segments by Animal.
Sub Additive
Macrominerals
Microminerals
Animal
Aquaculture
By Sub Animal
Fish
Shrimp
Other Aquaculture Species
Poultry
By Sub Animal
Broiler
Layer
Other Poultry Birds
Ruminants
By Sub Animal
Dairy Cattle
Other Ruminants
Swine
Other Animals
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Market Definition

  • FUNCTIONS - For the purpose of the study, feed additives are considered to be commercially-manufactured products that are used to enhance the characteristics such as weight gain, feed conversion ratio, and feed intake when fed in appropriate proportions.
  • RESELLERS - Companies engaged in reselling of feed additives without value addition have been excluded from the market scope, in order to avoid double counting.
  • END CONSUMERS - Compound feed manufacturers are considered to be end-consumers in the market studied. The scope excludes farmers buying feed additives to be used directly as supplements or premixes.
  • INTERNAL COMPANY CONSUMPTION - Companies engaged in the production of compound feed as well as the manufacturing of feed additives are part of the study. However, while estimating the market sizes, the internal consumption of feed additives by such companies has been excluded.
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Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
  • Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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India Feed Minerals Market Research FAQs

The India Feed Minerals Market size is expected to reach USD 114.36 million in 2023 and grow at a CAGR of 6.27% to reach USD 152.44 million by 2029.

In 2023, the India Feed Minerals Market size is expected to reach USD 114.36 million.

Adisseo, Alltech, Inc., Archer Daniel Midland Co., BASF SE and Solvay S.A. are the major companies operating in the India Feed Minerals Market.

In the India Feed Minerals Market, the Macrominerals segment accounts for the largest share by sub additive.

In 2023, the Macrominerals segment accounts for the fastest growing by sub additive in the India Feed Minerals Market.

India Feed Minerals Industry Report

Statistics for the 2022 India Feed Minerals market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. India Feed Minerals analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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