Market Overview:
The global vitamin AD3 market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for vitamin AD3 from various application segments, such as breeding industry, food industry and pharmaceutical industry. Additionally, rising awareness about the benefits of vitamin AD3 is also contributing to the growth of this market. On the basis of type, feed grade segment is expected to account for a major share in terms of revenue in 2018 and is projected to maintain its dominance throughout 2030. This can be attributed to its growing demand from livestock farming industries across different regions globally.
Product Definition:
Vitamin AD3 is a water soluble vitamin and it is also known as Vitamin B-12. It is important for the normal function of the brain, nerves and blood cells.
Feed Grade:
Feed grade is the highest quality form of vitamin AD3. It has a purity level higher than 99%. The feed grade product is used in the manufacturing of animal food and pet food. Vitamin AD3 can be produced in two different ways; one method uses lysine and methionine as raw materials while another method uses soybean meal as raw material. Feed grade product contains all nine amino acids, which makes it more valuable for animals compared to other grades.
Food Grade:
Food grade is the process of treating or processing raw materials to make them suitable for human consumption. In vitamin AD3 market, food-grade refers to products that are used as feedstock for producing vitamin AD3. Food-grade material is generally derived from plant sources such as soybean and corn starch.
The global demand for food-grade material has been increasing over the past few years on account of its growing application in animal feed.
Application Insights:
The breeding industry accounted for the largest share of vitamin AD3 market in 2017. The application of animal derived products such as horns, hooves, and hides is common in animal breeding. Animal protein plays a significant role in improving the fertility rates among animals and humans. It also helps to increase milk yield among lactating cows and buffalos. Thus, increasing demand for animal protein sources is expected to drive the segment over the forecast period.
The food industry was estimated at USD 1,125 million in 2018 owing to rising consumption of eggs due to their high nutritional content including omega 3 fatty acids.
Regional Analysis:
North America was the largest market for global vitamin AD3 in 2017. The region is expected to maintain its dominance over the forecast period owing to high product demand from various application industries and rising awareness about nutritional products among pet owners. Europe accounted for a significant share of revenue in 2017 on account of growing demand from pharmaceutical industry, which is likely to propel growth during the forecast period.
Growth Factors:
- Increasing awareness about the benefits of Vitamin AD3 is expected to drive its growth in the market.
- Growing demand for dietary supplements is anticipated to boost the Vitamin AD3 market growth over the forecast period.
- Rising incidence of chronic diseases such as cancer, heart disease, and diabetes is projected to fuel demand for Vitamin AD3 in near future.
- Increasing application of vitamin D in food & beverage industry is likely to propel its demand over the next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Vitamin AD3 Market Research Report
By Type
Feed Grade, Food Grade, Medical Grade
By Application
Breeding Industry, Food Industry, Pharmaceutical Industry
By Companies
Foodchem, Virbac, Breda, Impextraco, Yichun DaHaiGui, Stanford Chemicals Company, Pangooo, Yasham, Ms Healthcare, Zhejiang NHU, Foodchem, Promois International, Euro Asia Chemicals, Kamdhenu, Gk Biochemical Corporation, Puyer Group, MB Vet Chem, Welcome Chemicals
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
183
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Vitamin AD3 Market Report Segments:
The global Vitamin AD3 market is segmented on the basis of:
Types
Feed Grade, Food Grade, Medical Grade
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
Breeding Industry, Food Industry, Pharmaceutical Industry
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:
- Foodchem
- Virbac
- Breda
- Impextraco
- Yichun DaHaiGui
- Stanford Chemicals Company
- Pangooo
- Yasham
- Ms Healthcare
- Zhejiang NHU
- Foodchem
- Promois International
- Euro Asia Chemicals
- Kamdhenu
- Gk Biochemical Corporation
- Puyer Group
- MB Vet Chem
- Welcome Chemicals
Highlights of The Vitamin AD3 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:
- Feed Grade
- Food Grade
- Medical Grade
- By Application:
- Breeding Industry
- Food Industry
- Pharmaceutical Industry
- 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 Vitamin AD3 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Vitamin AD3 is a water soluble vitamin. It helps the body to absorb and use other nutrients.
Some of the key players operating in the vitamin ad3 market are Foodchem, Virbac, Breda, Impextraco, Yichun DaHaiGui, Stanford Chemicals Company, Pangooo, Yasham, Ms Healthcare, Zhejiang NHU, Foodchem, Promois International, Euro Asia Chemicals, Kamdhenu, Gk Biochemical Corporation, Puyer Group, MB Vet Chem, Welcome Chemicals.
The vitamin ad3 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 Vitamin AD3 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 Vitamin AD3 Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vitamin AD3 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 Vitamin AD3 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 Vitamin AD3 Market Size & Forecast, 2018-2028
4.5.1 Vitamin AD3 Market Size and Y-o-Y Growth
4.5.2 Vitamin AD3 Market Absolute $ Opportunity
Chapter 5 Global Vitamin AD3 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 Vitamin AD3 Market Size Forecast by Type
5.2.1 Feed Grade
5.2.2 Food Grade
5.2.3 Medical Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Vitamin AD3 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 Vitamin AD3 Market Size Forecast by Applications
6.2.1 Breeding Industry
6.2.2 Food Industry
6.2.3 Pharmaceutical Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vitamin AD3 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 Vitamin AD3 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 Vitamin AD3 Analysis and Forecast
9.1 Introduction
9.2 North America Vitamin AD3 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 Vitamin AD3 Market Size Forecast by Type
9.6.1 Feed Grade
9.6.2 Food Grade
9.6.3 Medical Grade
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 Vitamin AD3 Market Size Forecast by Applications
9.10.1 Breeding Industry
9.10.2 Food Industry
9.10.3 Pharmaceutical Industry
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 Vitamin AD3 Analysis and Forecast
10.1 Introduction
10.2 Europe Vitamin AD3 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 Vitamin AD3 Market Size Forecast by Type
10.6.1 Feed Grade
10.6.2 Food Grade
10.6.3 Medical Grade
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 Vitamin AD3 Market Size Forecast by Applications
10.10.1 Breeding Industry
10.10.2 Food Industry
10.10.3 Pharmaceutical Industry
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 Vitamin AD3 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Vitamin AD3 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 Vitamin AD3 Market Size Forecast by Type
11.6.1 Feed Grade
11.6.2 Food Grade
11.6.3 Medical Grade
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 Vitamin AD3 Market Size Forecast by Applications
11.10.1 Breeding Industry
11.10.2 Food Industry
11.10.3 Pharmaceutical Industry
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 Vitamin AD3 Analysis and Forecast
12.1 Introduction
12.2 Latin America Vitamin AD3 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 Vitamin AD3 Market Size Forecast by Type
12.6.1 Feed Grade
12.6.2 Food Grade
12.6.3 Medical Grade
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 Vitamin AD3 Market Size Forecast by Applications
12.10.1 Breeding Industry
12.10.2 Food Industry
12.10.3 Pharmaceutical Industry
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) Vitamin AD3 Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Vitamin AD3 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) Vitamin AD3 Market Size Forecast by Type
13.6.1 Feed Grade
13.6.2 Food Grade
13.6.3 Medical Grade
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) Vitamin AD3 Market Size Forecast by Applications
13.10.1 Breeding Industry
13.10.2 Food Industry
13.10.3 Pharmaceutical Industry
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 Vitamin AD3 Market: Competitive Dashboard
14.2 Global Vitamin AD3 Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Foodchem
14.3.2 Virbac
14.3.3 Breda
14.3.4 Impextraco
14.3.5 Yichun DaHaiGui
14.3.6 Stanford Chemicals Company
14.3.7 Pangooo
14.3.8 Yasham
14.3.9 Ms Healthcare
14.3.10 Zhejiang NHU
14.3.11 Foodchem
14.3.12 Promois International
14.3.13 Euro Asia Chemicals
14.3.14 Kamdhenu
14.3.15 Gk Biochemical Corporation
14.3.16 Puyer Group
14.3.17 MB Vet Chem
14.3.18 Welcome Chemicals
