Mineral Lick and Salt Lick Category in Canada and USA

The global animal salt licks market demonstrates robust growth, having been valued at approximately USD 1.8 Billion in 2023. Projections indicate a substantial increase to USD 4 Billion by 2031, reflecting a Compound Annual Growth Rate (CAGR) of 10.41% over the forecast period of 2024-2031.21 Another market assessment corroborates this upward trend, estimating the global market at USD 1.5 Billion in 2025 with a projected growth to USD 2.3 Billion by 2033 at a CAGR of 5%.22

North America commands a significant portion of the global animal nutrition market, with the United States emerging as a dominant force within the regional landscape.23 The broader U.S. salt market, which encompasses industrial and road salt applications in addition to animal use, was valued at USD 4.12 billion in 2023 and is anticipated to expand to USD 4.91 billion by 2 ...