Zinc Methionine Chelates Market

Market Definition

Zinc methionine chelates are a form of mineral chelate utilized in animal nutrition to enhance the bioavailability and effectiveness of zinc, a critical nutrient. These chelates are formed by binding zinc ions with the amino acid methionine. 

This bonding process improves the stability and solubility of zinc, thereby facilitating its absorption and utilization by animals more efficiently.

Zinc Methionine Chelates Market Overview

The global zinc methionine chelates market size was valued at USD 13.5 million in 2023, which is estimated to be valued at USD 14.4 million in 2024 and reach USD 23.5 million by 2031, growing at a CAGR of 7.21% from 2024 to 2031. 

The market is expanding, due to rising meat & dairy production activities and the rapid expansion of the aquaculture industry. Increasing focus on animal nutrition is driving the market. Regulatory frameworks such as EU and FDA are further propelling the market.

Major companies operating in the zinc methionine chelates market are Zinpro Corporation, Balchem Corp., Novus International Inc., Kemin Industries, Inc., Titan Biotech., American Elements., JH Biotech, Inc., UNO VETCHEM, Brihans Laboratories Pvt.Ltd., Global Animal Products, Phibro Animal Health Corporation., Lonza, Muby Chemicals, Sustar Enterprise, and Biovencer Healthcare Private Limited.

The growing public awareness of nutritional deficiencies in animals is fostering the market growth. Animal feed enriched with zinc methionine chelate enhances the production of high-quality, disease-free meat products suitable for human consumption. 

As a result, the increasing use of chelated minerals as nutritional supplements for domestic animals, especially in urban areas, is driving the market. Additionally, innovations in product offerings, including the introduction of organic and natural feed alternatives, are further accelerating the consumption of these chelates. 

Other key factors, such as robust growth in the agriculture sector, extensive research & development efforts, and numerous programs launched by governments and companies are driving the market.

• For instance, in August 2023, Novus International launched the Scale Up Program for Broilers, designed to enhance the financial performance of broiler producers. This initiative focuses on optimizing meat production and improving carcass quality through the application of sustainable, data-driven nutrition solutions. The program aligns with the growing demand for advanced nutritional technologies, such as zinc methionine chelates, to support more efficient and sustainable poultry production.

Key Highlights:

1. The zinc methionine chelates industry size was valued at USD 13.5 million in 2023.
2. The zinc methionine chelates market is projected to grow at a CAGR of 7.21% from 2024 to 2031.
3. Asia Pacific held a market share of 36.33% in 2023, with a valuation of USD 4.9 million.
4. The poultry segment garnered USD 5.8 million in revenue in 2023.
5. The animal feed industry segment is expected to reach USD 10.7 million by 2031.
6. The market in Asia Pacific is anticipated to grow at a CAGR of 8.05% during the forecast period.

Market Driver

"Expansion of Livestock Sector"

Shifts in consumer lifestyles and the rapid growth of the global population led to a rise in meat consumption, driving an increase in livestock production. The increased demand for milk, eggs, and meat is driven by a surging preference for animal-based protein and evolving consumer trends.

• In 2024, according to the  United Nations Food and Agriculture Organization (FAO), livestock contributes nearly 40% of total agricultural output in industrialized nations and 20% in developing nations.

The focus on improving animal nutrition to enhance productivity, immunity, and overall health is increasing as consumers become more health-conscious. Livestock producers are increasingly adopting these zinc methionine chelates to optimize feed formulations, reduce feed costs, and comply with stringent regulations on trace mineral supplementation. 

This growth is mainly evident in emerging markets, where livestock production is increasing to fulfil the dietary needs of expanding populations.

Market Challenge

"Concerns Pertaining to Increasing Environmental Impact"

Increasing environmental concerns can pose a challenge for the market growth, as the demand for sustainable and eco-friendly solutions continues to rise. The production of zinc methionine chelates involves the use of chemical processes that may have a detrimental impact on the environment, including emissions, waste generation, and the depletion of natural resources. 

Additionally, there is growing scrutiny from regulatory bodies regarding the environmental footprint of various industrial activities, which could lead to stricter compliance requirements and higher operational costs for manufacturers in this sector.

Manufacturers investing in cleaner production technologies that reduce harmful emissions and waste. The adoption of renewable energy sources and the implementation of energy-efficient processes can significantly lower the environmental impact of production. 

Additionally, developing biodegradable or eco-friendly alternatives to traditional packaging materials can reduce the overall environmental footprint of zinc methionine chelates.

Market Trend

"Surging Consumption of Fish Among Consumers"

The constantly increasing consumption of fish elevated the demand for zinc methionine chelates. The demand for fish continues to increase due to its health benefits, including being a rich source of protein, omega-3 fatty acids, and micronutrients. There exists a parallel need to enhance the nutritional value of aquaculture feed. 

Zinc methionine chelates, a highly bioavailable form of zinc, are gaining popularity in the aquaculture industry for their ability to improve the health and growth rates of fish. 

The use of these chelates ensures better absorption of zinc, which plays a crucial role in various physiological functions, such as immune response and metabolic processes in fish. Several countries are focusing on aquaculture, fisheries, and the export of fish for consumption.

• In 2024, according to Agriculture and Agri-Food Canada, Chinese demand for fish continues to exceed domestic supply due to increasing consumer preference for seafood, rising disposable incomes, and dietary shifts toward healthier protein sources. This growing demand creates opportunities for international exporters to fill the supply gap and meet market needs.

Zinc Methionine Chelates Market Report Snapshot

Market Segmentation:

• By Animal Type (Poultry, Swine, Ruminants, Aquaculture): The poultry segment earned USD 5.8 million in 2023, as poultry producers prioritize zinc methionine chelates due to their superior bioavailability, which supports optimal growth, strengthens immunity, and improves feed conversion efficiency in poultry.
• By Application (Food and Beverages, Pharmaceuticals and Dietary Supplements, Animal Feed Industry): The animal feed industry segment held 44.43% share of the market in 2023, due to the increasing demand for high-quality meat and dairy products, combined with increased awareness of animal health. These factors are driving the increased adoption of these chelates, particularly in poultry, swine, and cattle feed applications.

Zinc Methionine Chelates Market Regional Analysis

Asia Pacific accounted for a significant zinc methionine chelates market share of around 36.33% in 2023, valued at USD 4.9 million. Expanding livestock, aquaculture, and poultry sector is propelling the growth of the market. 

Rising awareness about animal nutrition and the importance of trace minerals in improving livestock productivity & health is fueling the demand for advanced feed additives like zinc methionine chelates. 

Furthermore, government initiatives aimed at enhancing agricultural and livestock sectors, along with increasing investments by feed manufacturers in developing high-performance products, are propelling the market in this region.

• In December 2024, the Government of India launched the Rashtriya Gokul Mission with the objective of promoting the development and conservation of indigenous cattle breeds while facilitating the genetic improvement of the bovine population. Under this initiative, various measures have been implemented to enhance bovine productivity.

However, Latin America is anticipated to register the fastest growth, at a projected CAGR of 7.87%. Robust demand across diverse industries such as animal feed, pharmaceuticals, and nutraceuticals, is fostering the zinc methionine chelates industry growth. 

The region’s advanced agricultural practices and increasing focus on livestock health have amplified the adoption of chelated minerals, including zinc methionine, to enhance feed efficiency and boost animal productivity. 

Rising awareness among consumers regarding the benefits of trace minerals in promoting animal health and preventing deficiencies spur the market growth. Companies in the market are launching products and initiatives to enhance animal nutrition.

• For instance, in June 2023, Novus International Inc. announced an initiative to offer farmers smarter solutions, reflecting the industry's commitment to innovation and improved animal nutrition.

Regulatory Framework Also Plays a Significant Role in Shaping the Market

• The U.S. Food and Drug Administration (FDA) regulates feed additives through the Center for Veterinary Medicine (CVM). Zinc methionine chelates intended for use in animal feed must be approved or generally recognized as safe (GRAS) for their intended use. Compliance with the FDA's guidelines and the Association of American Feed Control Officials (AAFCO) standards is necessary for these additives.
• The European Union (EU) and the European Food Safety Authority (EFSA) regulates zinc methionine chelates. These regulations govern their application as nutritional additives in animal feed and food supplements, ensuring compliance with safety and quality standards.
• The E.U. 636/2013 authorizes the use of zinc chelate of methionine (1:2) as a feed additive for all animal species. It specifies the conditions for its usage, including purity criteria and labeling requirements.
• The E.U. concerns the authorization of zinc chelate of methionine sulfate as a feed additive for all animal species. It outlines the composition, characterization, and conditions for use of this additive.
• In China, the Food and Drug Administration (FDA)  regulates feed additives through the Center for Veterinary Medicine (CVM). Zinc methionine chelates intended for use in animal feed must be approved or generally recognized as safe (GRAS) for their intended use. Compliance with the FDA's guidelines and the Association of American Feed Control Officials (AAFCO) standards is necessary for these additives.

Competitive Landscape:

The zinc methionine chelates market is characterized by a number of participants, including both established corporations and rising organisations. Companies in the market are investing in research and development to expand their production capacity. 

Companies aggressively pursue a variety of strategic initiatives to achieve a competitive advantage in this dynamic market. Major strategies include new product launches, collaborations and alliances, corporate expansions, and mergers and acquisitions.

• For instance, in March 2024, Novus acquired BioResource International, a leading provider of enzyme feed additives specializing in animal nutrition. As a result of this acquisition, Novus now holds full ownership of all BRI products, intellectual property, and facilities. It expands product offerings and drive innovation in feed additives.

Companies can deliver superior products that address evolving application needs by enhancing the bioavailability and stability of zinc methionine chelates. Advancements in encapsulation and micronization techniques are gaining momentum, ensuring optimal chelate performance across formulations. 

This emphasis on innovation enables businesses to differentiate their products and reinforce their market position. Companies are forming partnerships with feed manufacturers, pharmaceutical companies, and research institutions to strengthen their product portfolios and extend their market presence. 

These collaborations facilitate the exchange of expertise and resources, driving the development of more efficient and versatile chelates.

List of Key Companies in Zinc Methionine Chelates Market:

• Zinpro Corporation
• Balchem Corp.
• Novus International Inc.
• Kemin Industries, Inc.
• Titan Biotech.
• American Elements.
• JH Biotech, Inc.
• UNO VETCHEM
• Brihans Laboratories Pvt.Ltd.
• Global Animal Products
• Phibro Animal Health Corporation.
• Lonza
• Muby Chemicals
• Sustar Enterprise
• Biovencer Healthcare Private Limited.

Recent Developments (Launch/Partnership)

• In November 2024, Granite Creek Capital Partners LLC, a private investment firm headquartered in Chicago, Illinois, announced its investment to support the management buyout of Global Animal Products (GAP), a leading manufacturer of feed additives for the beef, dairy, and poultry industries. This investment leverages Granite Creek’s expertise in animal health and nutrition and further strengthens its expanding portfolio of companies within the agribusiness sector.
• In July 2024, NOVUS presented research on zinc methionine chelates at the Poultry Science Association meeting, showcasing the benefits of replacing inorganic zinc with methionine-bound zinc. The findings demonstrated enhanced performance and reduced mineral excretion, contributing to more sustainable practices in poultry farming through improved nutrition.
• In August 2023, the Technology Development Board (TDB), under the Department of Science & Technology (DST), partnered with with M/s Chemlife Innovations Pvt. Ltd., based in Bengaluru, Karnataka. This collaboration represents a significant advancement in the project titled "Commercialization and Manufacturing of Bio-Trace Minerals for Animal Feed," aligning with TDB’s ongoing commitment to supporting transformative scientific innovations.
• In June 2023, Novus International, Inc. launched a new initiative aimed at delivering advanced nutrition solutions to farmers, with a focus on enhancing animal health and performance, as stated by the company's Senior Vice President. The global leader in feed additives unveiled this initiative during a press conference at the World Pork Expo in Iowa, where it also introduced a comprehensive rebranding strategy that underscores its dedication to providing innovative, intelligent nutrition solutions for the agricultural sector.