Market Overview:
The global veterinary vitamins feed additives market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for meat and milk products, rising awareness about animal health and nutrition, and growing concerns about food safety. The global veterinary vitamins feed additives market is segmented by type into vitamin A, vitamin D, vitamin E, vitamin B12, and others. The others segment includes other vitamins such as niacin (vitamin B3), riboflavin (vitamin B2), pantothenic acid (vitamin B5), biotin (vitamin H), choline bitartrate, inositol hexaphosphate monohydrate (IP6) etc. Vitamin A accounted for the largest share of the global veterinary vitamins feed additives market in 2017 owing to its numerous benefits for animals such as improved vision, stronger bones & teeth, better reproduction rates etc. Vitamin D is projected to be the fastest-growing type during the forecast period due to its ability to improve absorption of calcium and phosphorus from food which are essential nutrients for animals’ healthy growth & development. The global veterinary vitamins feed additives market is also segmented by application into cattle feeds, sheep feeds swine feeds,,and other feeds). Cattle Feeds accounted for majority share of the total application segment in 2017 due high consumption rates across all regions globally followed by sheep Feeds .
Product Definition:
Veterinary vitamins feed additives are typically products that are added to animal feed in order to improve their health. They can be used to prevent or treat a variety of conditions, including deficiencies, illnesses, and infections. Additionally, they may help improve overall growth and development in animals.
Vitamin A:
It is a fat-soluble vitamin that helps the body's normal functioning and growth. It also has several other functions such as vision, bone & tissue formation, cell reproduction, etc. Vitamin A can be found in animal fats and vegetables & fruits (carotenoids). The most important function of vitamin A is to provide retinol which is used for the development of eyesight during early stages (0-6 months) when there are no visual inputs from outside world.
Vitamin D:
Vitamin D is a fat-soluble vitamin detected in few foods including meat and eggs. Vitamin D can be manufactured by animal skin or sunlight, but humans cannot synthesize it from scratch. It is important for the absorption of calcium and phosphorus in the body to prevent diseases such as osteoporosis among others.
Application Insights:
The cattle feed segment accounted for the largest revenue share in 2016 and is anticipated to witness significant growth over the forecast period. The growing meat production industry across the globe is expected to have a positive impact on market growth. Cattle are considered as a key species in various agricultural activities due to their importance as a source of milk, which provides high-quality protein.
Vitamin supplements help improve animal performance by increasing muscle & bone strength, improving metabolism, reducing fat deposition and maintaining energy levels during training & racing seasons. These factors are projected to drive demand from cattle feed application segment over the forecast period. However, rising awareness among farmers regarding providing proper nutrition has resulted in increased consumption of these products for livestock nutrition globally since past few years thereby propelling demand from cattle feed application globally Vet vitamins add value to animal products by enhancing their health & performance attributes such as resistance towards disease outbreaks; higher productivity; greater weight gains; improved fertility etc.
Regional Analysis:
North America accounted for the largest share of over 40.0% in 2017. The region is expected to maintain its lead throughout the forecast period owing to high animal feed production and consumption coupled with stringent regulations regarding meat quality standards by regulatory bodies such as U.S Food and Drug Administration (FDA) and Canadian Food Inspection Agency (CFIA).
Asia Pacific is anticipated to witness significant growth during the forecast period, registering a CAGR of XX%. This can be attributed to increasing awareness among pet owners about giving proper nutrition to their animals along with rising disposable income levels in emerging economies such as China, India, Indonesia, Malaysia & Thailand which will fuel demand for premium products over the next eight years (2018-2030).
Growth Factors:
- Increasing demand for meat and dairy products due to population growth and rising income levels in emerging countries is expected to drive the demand for veterinary vitamins feed additives over the forecast period.
- Growing awareness about the benefits of using veterinary vitamins feed additives among livestock farmers is projected to boost market growth during the forecast period.
- Stringent regulations by government agencies regarding animal health and welfare are anticipated to create opportunities for market players operating in the Veterinary Vitamins Feed Additives market over the next few years.
- Rising investments by key players in research and development activities aimed at developing novel products is expected to propel Veterinary Vitamins Feed Additives market growth during the forecast period. 5) The increasing trend of using organic farming practices is projected to provide lucrative opportunities for Veterinary Vitamins Feed Additives manufacturers in near future
Scope Of The Report
Report Attributes
Report Details
Report Title
Veterinary Vitamins Feed Additives Market Research Report
By Type
Vitamin A, Vitamin D, Vitamin E, Vitamin B12, Others
By Application
Cattle Feeds, Sheep Feeds, Swine Feeds, Other Feeds
By Companies
Evonik, DuPont, DSM, Adisseo, BASF, ADM, Nutreco, Novusint, Charoen Pokphand Group, Cargill, Sumitomo Chemical, Kemin Industries, Biomin, Alltech, Addcon, Bio Agri Mix
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Veterinary Vitamins Feed Additives Market Report Segments:
The global Veterinary Vitamins Feed Additives market is segmented on the basis of:
Types
Vitamin A, Vitamin D, Vitamin E, Vitamin B12, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cattle Feeds, Sheep Feeds, Swine Feeds, Other Feeds
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Evonik
- DuPont
- DSM
- Adisseo
- BASF
- ADM
- Nutreco
- Novusint
- Charoen Pokphand Group
- Cargill
- Sumitomo Chemical
- Kemin Industries
- Biomin
- Alltech
- Addcon
- Bio Agri Mix
Highlights of The Veterinary Vitamins Feed Additives Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Vitamin A
- Vitamin D
- Vitamin E
- Vitamin B12
- Others
- By Application:
- Cattle Feeds
- Sheep Feeds
- Swine Feeds
- Other Feeds
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Veterinary Vitamins Feed Additives Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Veterinary vitamins feed additives are a type of supplement that is used to improve the health and well-being of animals. These supplements are often added to pet food or water in order to provide essential nutrients and minerals, as well as vitamins and other antioxidants.
Some of the key players operating in the veterinary vitamins feed additives market are Evonik, DuPont, DSM, Adisseo, BASF, ADM, Nutreco, Novusint, Charoen Pokphand Group, Cargill, Sumitomo Chemical, Kemin Industries, Biomin, Alltech, Addcon, Bio Agri Mix.
The veterinary vitamins feed additives market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Veterinary Vitamins Feed Additives Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Veterinary Vitamins Feed Additives Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Veterinary Vitamins Feed Additives Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Veterinary Vitamins Feed Additives Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Veterinary Vitamins Feed Additives Market Size & Forecast, 2018-2028
4.5.1 Veterinary Vitamins Feed Additives Market Size and Y-o-Y Growth
4.5.2 Veterinary Vitamins Feed Additives Market Absolute $ Opportunity
Chapter 5 Global Veterinary Vitamins Feed Additives Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Veterinary Vitamins Feed Additives Market Size Forecast by Type
5.2.1 Vitamin A
5.2.2 Vitamin D
5.2.3 Vitamin E
5.2.4 Vitamin B12
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Veterinary Vitamins Feed Additives Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Veterinary Vitamins Feed Additives Market Size Forecast by Applications
6.2.1 Cattle Feeds
6.2.2 Sheep Feeds
6.2.3 Swine Feeds
6.2.4 Other Feeds
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Veterinary Vitamins Feed Additives Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Veterinary Vitamins Feed Additives Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Veterinary Vitamins Feed Additives Analysis and Forecast
9.1 Introduction
9.2 North America Veterinary Vitamins Feed Additives Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Veterinary Vitamins Feed Additives Market Size Forecast by Type
9.6.1 Vitamin A
9.6.2 Vitamin D
9.6.3 Vitamin E
9.6.4 Vitamin B12
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Veterinary Vitamins Feed Additives Market Size Forecast by Applications
9.10.1 Cattle Feeds
9.10.2 Sheep Feeds
9.10.3 Swine Feeds
9.10.4 Other Feeds
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Veterinary Vitamins Feed Additives Analysis and Forecast
10.1 Introduction
10.2 Europe Veterinary Vitamins Feed Additives Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Veterinary Vitamins Feed Additives Market Size Forecast by Type
10.6.1 Vitamin A
10.6.2 Vitamin D
10.6.3 Vitamin E
10.6.4 Vitamin B12
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Veterinary Vitamins Feed Additives Market Size Forecast by Applications
10.10.1 Cattle Feeds
10.10.2 Sheep Feeds
10.10.3 Swine Feeds
10.10.4 Other Feeds
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Veterinary Vitamins Feed Additives Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Veterinary Vitamins Feed Additives Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Veterinary Vitamins Feed Additives Market Size Forecast by Type
11.6.1 Vitamin A
11.6.2 Vitamin D
11.6.3 Vitamin E
11.6.4 Vitamin B12
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Veterinary Vitamins Feed Additives Market Size Forecast by Applications
11.10.1 Cattle Feeds
11.10.2 Sheep Feeds
11.10.3 Swine Feeds
11.10.4 Other Feeds
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Veterinary Vitamins Feed Additives Analysis and Forecast
12.1 Introduction
12.2 Latin America Veterinary Vitamins Feed Additives Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Veterinary Vitamins Feed Additives Market Size Forecast by Type
12.6.1 Vitamin A
12.6.2 Vitamin D
12.6.3 Vitamin E
12.6.4 Vitamin B12
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Veterinary Vitamins Feed Additives Market Size Forecast by Applications
12.10.1 Cattle Feeds
12.10.2 Sheep Feeds
12.10.3 Swine Feeds
12.10.4 Other Feeds
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Veterinary Vitamins Feed Additives Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Veterinary Vitamins Feed Additives Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Veterinary Vitamins Feed Additives Market Size Forecast by Type
13.6.1 Vitamin A
13.6.2 Vitamin D
13.6.3 Vitamin E
13.6.4 Vitamin B12
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Veterinary Vitamins Feed Additives Market Size Forecast by Applications
13.10.1 Cattle Feeds
13.10.2 Sheep Feeds
13.10.3 Swine Feeds
13.10.4 Other Feeds
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Veterinary Vitamins Feed Additives Market: Competitive Dashboard
14.2 Global Veterinary Vitamins Feed Additives Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Evonik
14.3.2 DuPont
14.3.3 DSM
14.3.4 Adisseo
14.3.5 BASF
14.3.6 ADM
14.3.7 Nutreco
14.3.8 Novusint
14.3.9 Charoen Pokphand Group
14.3.10 Cargill
14.3.11 Sumitomo Chemical
14.3.12 Kemin Industries
14.3.13 Biomin
14.3.14 Alltech
14.3.15 Addcon
14.3.16 Bio Agri Mix
