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How has the chelated minerals market size evolved in recent years?

In recent times, the chelated minerals market has witnessed robust growth. The market value is projected to increase from $4.62 billion in 2024 to $4.99 billion in 2025, with a compound annual growth rate (CAGR) of 7.9%. This notable growth during the historic phase is a result of heightened awareness about micronutrient deficiencies, increasing requirement for highly efficient fertilizers, the enlarging animal feed industry, advancements in agriculture practices, and governmental initiatives supporting micronutrient application.

What are the predictions for the chelated minerals market size in the coming years?

The market size of chelated minerals is projected to experience significant expansion in the coming years, with an expected growth up to “$7.06 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 9.1%. Factors contributing to this anticipated growth in the forecast period include the consistent enlargement of precision agriculture, increasing consciousness about sustainable agriculture, a spike in the demand for organic food production, extension of animal husbandry practices, along with the government’s support towards sustainable farming. The forecast period also envisages major trends such as escalating demand for organic chelates, expansion in agricultural and aquacultural applications, tailored chelate solutions for specific crop types, advancement in chelation technologies, and a concentrated focus on human nutrition and nutraceuticals.

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What key factors are fueling the growth of the chelated minerals market?

The escalating requirement for dietary supplements is projected to fuel the expansion of the chelated minerals market in the future. These supplements are designed to complement one’s diet. Promoted as far superior to regular mineral supplements, the assimilation process for chelated minerals is easier for the human body (having higher bioavailability) than non-chelated ones. Thus, the surging requirement for dietary supplements generates market demand for chelated minerals. For instance, the 2023 CRN Consumer Survey on Dietary Supplements, conducted by the Council for Responsible Nutrition (CRN), a US-based organization, and released in October 2023, show that dietary supplements have wide approval among Americans. 74% of adults and 55% of regular users utilize these supplements, and an impressive 92% hold the belief that dietary supplements are essential for their health maintenance. Therefore, the rising demand for dietary supplements is propelling the chelated minerals market growth.

How is the global chelated minerals market divided into key segments?

The chelated minerals market covered in this report is segmented –

1) By Type: Calcium Chelated Minerals, Copper Chelated Minerals, Zinc Chelated Minerals, Chromium Chelated Minerals, Iron Chelated Minerals, Other Chelated Minerals

2) By Chelating Agent: Amino Acid, Polysaccharide Complex, Proteinate, Other Chelating Agents

3) By Form: Powder, Liquid

4) By Application: Animal Feed, Dietary Supplements, Pharmaceutical, Functional Food And Beverages, Other Applications

Subsegments:

1) By Calcium Chelated Minerals: Calcium Citrate, Calcium Aspartate, Calcium Gluconate

2) By Copper Chelated Minerals: Copper Gluconate, Copper Citrate, Copper Aspartate

3) By Zinc Chelated Minerals: Zinc Citrate, Zinc Picolinate, Zinc Glycinate

4) By Chromium Chelated Minerals: Chromium Picolinate, Chromium Nicotinate, Chromium Polynicotinate

5) By Iron Chelated Minerals: Iron Glycinate, Iron Bisglycinate, Iron Picolinate

6) By Other Chelated Minerals: Manganese Chelates, Magnesium Chelates, Selenium Chelates

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Who are the key firms paving the way for growth in the chelated minerals market?

Major companies operating in the chelated minerals market include Archer Daniel Midland Company, Koninklijke DSM N.V., Balchem Inc., Nutreco N.V., BASF SE, Kemin Industries Inc., Alltech Inc., Cargill Incorporated, Maru Chem Industries, Novus International Inc., Glanbia plc, Virbac Corporation, LMF Feeds Inc., Zinpro Corporation, Novotech Nutraceuticals Inc., Invivo Group, China National Bluestar Co. Ltd., Aesculap Implants Systems LLC, NOW Foods, Bluestar Adisseo Co. Ltd., Phoenix Nutrition, Phibro Animal Health Corporation, Lehmann&Voss&Co., Prathista Industries Limited, Titan Biotech Ltd., Cypress Systems Inc., CCL Healthcare, Pharmapack Asia Ltd, Medtronic PLC, Stryker Corporation

Which trends are expected to transform the chelated minerals market?

Leading businesses in the chelated minerals market are pioneering inventive components to augment the absorption of nutrients, boost bioavailability, and fulfill the rising demand for sustainable and organic farming methods. Innovative components denote advanced or improved substances that are conceptualized to enhance the appeal, efficiency, or functionality of products across multiple sectors. For instance, Balchem Corporation, an American specialty chemicals company, unveiled a unique chelated mineral product named Optifolin+ in May 2024 to enhance nutrient assimilation in crops. Using sophisticated chelation technology, Optifolin+ binds essential minerals, thereby increasing their bioavailability and solubility for plants. This cutting-edge solution is designed to tackle growing worries over soil nutrient depletion and the necessity for eco-friendly farming practices.

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What regions are contributing significantly to the growth of the chelated minerals market?

North America was the largest region in the chelated minerals market in 2024. The regions covered in the chelated minerals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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