India Chelated Trace Minerals Market

India Chelated Trace Minerals Market Overview

India Chelated Trace Minerals Market Size was estimated at 299.44 (USD Million) in 2024.The India Chelated Trace Minerals Market Industry is expected to grow from 399.2(USD Million) in 2025 to 716.8 (USD Million) by 2035. The India Chelated Trace Minerals Market CAGR (growth rate) is expected to be around 5.465% during the forecast period (2025 - 2035)

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Key India Chelated Trace Minerals Market Trends Highlighted

The India Chelated Trace Minerals Market is experiencing significant growth driven by several key market drivers. One of the primary factors is the increasing awareness among farmers regarding the importance of micronutrients in enhancing crop yield and quality. The Indian government has been promoting the use of advanced agricultural practices, including the application of chelated trace minerals, to improve soil fertility and address nutrient deficiencies. This is crucial in a country where agriculture plays a central role in the economy, and the productivity of crops is essential for food security. Moreover, opportunities to be explored include the rising demand for organic produce as consumers become more health-conscious and environmentally aware.

Farmers are increasingly turning to organic farming practices, which often rely on chelated trace minerals to maintain soil health and support plant growth. Additionally, there has been a growing inclination towards sustainable farming techniques that reduce reliance on chemical fertilizers, creating a potential market for organic chelated minerals. Trends in recent times also indicate a shift in the agricultural landscape in India, with an uptick in research and innovation aimed at developing effective chelated products tailored for specific soils and crops. This focus on customization aligns with the broader trend of precision agriculture, where farmers seek targeted solutions to enhance productivity.

Furthermore, increasing collaborations between agricultural startups and research institutions are paving the way for the development of new, efficient formulations of chelated trace minerals, thereby supporting the market's evolution. As these trends continue to develop, the India Chelated Trace Minerals Market is poised for substantial advancements in the years to come.

India Chelated Trace Minerals Market Drivers

Increasing Demand for Animal Nutrition

The rising demand for high-quality animal feed has significantly boosted the India Chelated Trace Minerals Market Industry. According to the Department of Animal Husbandry and Dairying in India, livestock production has been growing at an annual rate of approximately 4.5%. This growth is primarily driven by the increasing need for protein-rich diets, especially in urban areas. Integrating chelated trace minerals in animal feed improves nutrient absorption and enhances growth rates, leading to higher meat and milk production. As noted by the All India Poultry Breeders Association, the use of added chelated trace minerals in poultry feed has the potential to improve feed efficiency and animal health which is fuelling their growth in India.

Government Initiatives for Agricultural Improvements

The Indian government has launched various initiatives aimed at improving agricultural productivity, thereby driving the demand for chelated trace minerals. The National Mission on Agricultural Extension & Technology emphasizes the use of advanced agricultural inputs, including chelated minerals, to enhance crop yields. As per the Ministry of Agriculture and Farmers Welfare, productivity in various sectors has seen an uptick, with a focus on improving soil health through such innovations. With the government's support for promoting modern farming techniques, the India Chelated Trace Minerals Market Industry is positioned for substantial growth, benefiting from the increased adoption of mineral supplements that aid in better crop production.

Growing Awareness of Nutritional Deficiencies

Awareness regarding nutritional deficiencies in both livestock and crops in India has surged, propelling the India Chelated Trace Minerals Market Industry. Research by the Indian Council of Agricultural Research has shown that deficiencies in essential trace minerals can lead to significant yield losses, affecting both food security and farmer income. This information has led to enhanced adoption of chelated trace minerals in fertilizers and feed supplements. According to a recent survey, about 65% of farmers have started incorporating specialized nutrient-rich inputs in their agendas to combat deficiencies, reflecting a growing trend towards quality and sustainability in agricultural practices in India.

India Chelated Trace Minerals Market Segment Insights

Chelated Trace Minerals Market Type Insights

The India Chelated Trace Minerals Market, particularly in the Type segment, showcases a comprehensive structure characterized by a variety of essential trace minerals, including Zinc, Iron, Cobalt, Copper, Chromium, and Others. This segmentation plays a crucial role in various industries, especially in agriculture and animal nutrition, where these minerals are pivotal for the optimal growth and development of crops and livestock. Zinc stands out as a vital micronutrient, significantly contributing to the growth and reproductive performance of livestock while also enhancing crop yield and quality, thus reflecting its importance in achieving food security in India. Iron is indispensable for preventing deficiencies that can lead to anemia in both human and animal populations, a persistent health issue in India, thereby increasing its demand in chelated forms to ensure better bioavailability and absorption. Cobalt, albeit lesser-known, is essential for vitamin B12 synthesis, crucial for energy production and overall health, particularly in ruminants. Copper, known for its role in enzyme function and iron metabolism, is also significant in maintaining the immune system's integrity, which is vital given the challenges posed by diseases in the agricultural sector. Chromium, on the other hand, has garnered attention due to its role in improving insulin sensitivity, further enhancing its relevance in nutrition formulations. The Others category encompasses various trace elements, which may also include elements like Selenium and Manganese, that contribute to a balanced nutritional profile necessary for diverse agricultural and veterinary applications. The demand for these chelated trace minerals is propelled by ongoing trends towards organic farming, increasing awareness of the benefits of trace minerals, and government initiatives aimed at improving agricultural practices for sustainable growth in the sector. Overall, the Type segmentation within the India Chelated Trace Minerals Market exemplifies the integral role these minerals play in fostering agricultural productivity and health, reflecting broader trends in dietary preferences and nutritional advancements within the country.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Chelated Trace Minerals Market Chelating Agent Insights

The India Chelated Trace Minerals Market is significantly influenced by the Chelating Agent segment, which is essential for improving the bioavailability of minerals in agricultural and nutritional applications. This segment is crucial for enhancing nutrient absorption in various crops, leading to improved yields and quality. Within this landscape, Amino Acid chelated minerals have gained prominence due to their role in animal nutrition, promoting growth and metabolic functions. Polysaccharide complexes are also noteworthy, as they provide stability and enhance the solubility of minerals, thereby supporting better absorption in both humans and animals. Proteinate chelates, on the other hand, are recognized for their effectiveness in fortifying animal feeds, offering high digestibility, and minimizing mineral antagonism. Collectively, these elements contribute to the overall growth of the India Chelated Trace Minerals Market. The market is expected to respond positively to the increasing awareness of nutritional benefits and the rising demand for organic and sustainable farming practices in India.

Chelated Trace Minerals Market Application Insights

The Application segment of the India Chelated Trace Minerals Market plays a crucial role in the overall effectiveness and utilization of these minerals in various industries. Animal feed stands out as a significant application, primarily due to the increasing demand for high-quality animal protein and better livestock health, which drives the need for enhanced nutritional supplements. The dietary supplement sector also reflects a growing trend toward wellness and preventive healthcare, emphasizing the importance of trace minerals for maintaining optimal health. The pharmaceutical application benefits from the integration of chelated minerals in formulations, enhancing bioavailability and therapeutic efficacy, thus addressing several clinical conditions. Fertilizers enrich soil quality and crop yield, playing a significant role in supporting India's agriculture, which is a vital part of the national economy. Moreover, the 'Others' category encompasses various uses where chelated trace minerals offer added advantages, contributing to innovative applications in diverse industrial processes. As the market expands, these applications are pivotal in addressing health, nutrition, and agricultural productivity challenges, substantiating the diverse potential of the India Chelated Trace Minerals Market.

India Chelated Trace Minerals Market Key Players and Competitive Insights

The India Chelated Trace Minerals Market is an evolving segment within the larger agricultural and animal nutrition industry, characterized by a growing emphasis on enhancing animal health, improving feed efficiency, and optimizing overall livestock productivity. In this competitive landscape, several key players are strategically positioning themselves to capture a significant market share by introducing innovative products and solutions. The demand for chelated trace minerals is driven by the increasing awareness of their benefits in enhancing nutrient bioavailability and supporting various physiological functions in animals. This market insight reveals a dynamic environment where companies are not only competing on product efficacy but also focusing on sustainable practices, customer education, and tailored solutions to meet the diverse needs of the agricultural sector in India. Trouw Nutrition stands out in the India Chelated Trace Minerals Market due to its commitment to research and development, which has led to the formulation of advanced nutritional products tailored specifically for local livestock needs. The company leverages its strong global presence and in-depth knowledge of animal health to create effective supplementation options. In India, Trouw Nutrition has established a robust distribution network that ensures their products are easily accessible to farmers and feed manufacturers alike. The strengths of Trouw Nutrition lie in its ability to innovate continuously, develop customized solutions, and provide comprehensive support and training to its customers, enhancing their market presence and reinforcing their reputation as a trusted provider of nutritional solutions. Evonik Industries holds a significant position within the India Chelated Trace Minerals Market, focusing on delivering high-quality chelated mineral products that cater to the growing demands of the livestock industry. The company is recognized for its specialized expertise in amino acid-based and mineral-based products that promote optimal growth and development in livestock. Evonik's strengths lie in its research-driven approach, which facilitates the constant innovation of its offerings, ensuring that they meet the evolving needs of the market. Additionally, Evonik Industries has engaged in strategic partnerships and local collaborations, allowing for an enhanced understanding of regional market dynamics and consumer preferences. The company's commitment to sustainability is also reflected in its operations, reinforcing its market presence in India. Through ongoing investments in technology and customer relationships, Evonik continues to solidify its position as a leader in the chelated trace minerals sector in India, driving advancements that benefit both farmers and the wider agricultural community.

Key Companies in the India Chelated Trace Minerals Market Include

• Trouw Nutrition

• Evonik Industries

• Zinpro Corporation

• Balchem Corporation

• Cargill

• Kemin Industries

• Pancosma

• Phibro Animal Health

• Groupe Fija

• BASF SE

• Nutrien Ltd

• Vitafor

• Huvepharma

• Alltech

• Adisseo

India Chelated Trace Minerals Market Industry Developments

Recent developments in the India Chelated Trace Minerals Market indicate significant growth driven by increased demand from the animal nutrition sector. Companies like Trouw Nutrition and Zinpro Corporation are focusing on expanding their product offerings tailored to livestock needs, enhancing their market presence. In September 2023, Balchem Corporation announced a strategic partnership with local manufacturers to boost the availability of chelated minerals in India, reflecting the growing emphasis on ensuring animal health and productivity.

Moreover, Kemin Industries is investing in Research and Development to innovate new chelated products, addressing the rising demand among farmers for efficient and safe animal nutrition solutions. In terms of acquisitions, Evonik Industries recently made a move to strengthen its position in the market by acquiring a local mineral producer in August 2023, aimed at enhancing its supply chain and production capabilities in India. The valuation of companies within this sector has shown a marked increase, with major players also focusing on sustainability and eco-friendly practices, aligning with India's agricultural initiatives. Furthermore, the government's push towards animal husbandry has catalyzed market growth, providing a conducive environment for innovations in chelated trace minerals.

Chelated Trace Minerals Market Segmentation Insights

• Chelated Trace Minerals Market Type Outlook

  • Zinc

• • Iron

• • Cobalt

• • Copper

• • Chromium

  • Others 

• Chelated Trace Minerals Market Chelating Agent Outlook

  • Amino Acid

• • Polysaccharide Complex

• • Proteinate

  • Others 

• Chelated Trace Minerals Market Application Outlook

  • Animal Feed
  • Others

India Chelated Trace Minerals Market Segmentation

• Chelated Trace Minerals Market By Type (USD Million, 2019-2035)

  • Zinc

  • Iron

  • Cobalt

  • Copper

  • Chromium

  • Others

• Chelated Trace Minerals Market By Chelating Agent (USD Million, 2019-2035)

  • Amino Acid

  • Polysaccharide Complex

  • Proteinate

  • Others

• Chelated Trace Minerals Market By Application (USD Million, 2019-2035)

  • Animal Feed

  • Dietary Supplement

  • Pharmaceutical

  • Fertilizer

  • Others