Market Overview:
The global vitamins for animal nutrition market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for meat and dairy products, rising awareness about animal health and nutrition, and growing concerns about food safety. The global vitamins for animal nutrition market can be segmented on the basis of type into vitamin A, vitamin B3, vitamin B5, vitamin D3, and vitamin C. On the basis of application, the market can be divided into poultry feeds, ruminant feeds, pig feeds aquaculture feeds,, and others (including horses). The poultry feed segment is expected to account for a major share of the global vitamins for animal nutrition market in 2018 owing to high demand from developed countries such as North America and Europe. However,,the aquaculture feed segment is projected to grow at a higher CAGR during the forecast period due its growing popularity among consumers across regions. On geographical basis,.the global vitamins for animal nutritionmarket has been broadly classified into five regions: North America,, Latin America,, Europe., Asia Pacific.,and Middle East & Africa. Among these regions,.
Product Definition:
A vitamin is an organic compound that is essential for the body to function properly. Vitamins are found in both plant and animal foods, and they are necessary for growth, development, and good health.
Vitamin A:
Vitamin A is a fat-soluble vitamin required for the normal functioning of the eye, bone and skin. It also has important functions in regulating cell growth & differentiation as well as maintaining immune system function. Vitamin A can be obtained from animal sources but it is difficult to obtain adequate levels through animal feed alone. Hence, vitamin A supplements are added to animal feeds to ensure proper nutrition for animals.
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Vitamin B3:
Vitamin B3 is also known as thiamine and it is a water-soluble vitamin required by animals and humans. It plays an important role in the normal body functions, energy production, blood coagulation & heart function along with other functions. Vitamin B3 deficiency leads to diseases such as Wernicke-Korsakoff syndrome or beriberi which are characterized by abnormal eyes, skin movements & muscle twitching, mental status changes progressing to death.
Application Insights:
Poultry feed was the largest application segment in 2017 and is expected to witness significant growth over the forecast period. Poultry farming is one of the most important sectors contributing towards overall economic development in countries, such as India and China. Growing poultry industry across these regions has resulted in increased demand for poultry feeds which, in turn, will drive market growth over the forecast period.
Ruminant feed was another prominent application segment accounting for a share of 22% by revenue on account of high consumption of animal nutrition products by ruminants such as cattle, sheep and goats. Rumen contains bacteria that can utilize plant materials including roughages consumed by ruminants; this process helps convert plant materials into usable forms including protein & energy for human consumption.
Regional Analysis:
North America accounted for the largest share of over 35.0% in 2017. The region is expected to maintain its lead throughout the forecast period owing to high animal population, which requires constant supply of food and nutritional products. Moreover, increasing demand for meat and dairy products along with rising awareness regarding health & fitness is anticipated to drive product demand in this region over the forecast period.
Asia Pacific was estimated as the second-largest market in 2017 on account of growing livestock population across countries such as China, India, Indonesia, Pakistan and Bangladesh that require proper feed formulation for maintaining productivity standards required by these animals.
The Middle East & Africa are also expected to witness significant growth due to rapid expansion of livestock farming industry especially in countries such as Saudi Arabia.
Growth Factors:
- Increasing demand for meat and dairy products from developing countries is expected to drive the growth of the vitamins for animal nutrition market.
- Rising awareness about the benefits of animal nutrition supplements is projected to fuel market growth in the coming years.
- Growing research and development activities for new vitamin formulations is anticipated to create opportunities for market players in the near future.
- The increasing use of vitamins as feed additives is likely to boost demand in the global vitamins for animal nutrition market over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vitamins for Animal Nutrition Market Research Report
By Type
Vitamin A, Vitamin B3, Vitamin B5, Vitamin D3, Vitamin C
By Application
Poultry Feeds, Ruminant Feeds, Pig Feeds, Aquaculture Feeds, Others
By Companies
DSM, Lonza, BASF, Zhejiang Medicine, NHU, Jubilant Life Sciences, Vertellus, Brother Enterprises, Adisseo, Zhejiang Garden Biochemical, Kingdomway
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Vitamins for Animal Nutrition Market Report Segments:
The global Vitamins for Animal Nutrition market is segmented on the basis of:
Types
Vitamin A, Vitamin B3, Vitamin B5, Vitamin D3, Vitamin C
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
Poultry Feeds, Ruminant Feeds, Pig Feeds, Aquaculture Feeds, Others
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:
- DSM
- Lonza
- BASF
- Zhejiang Medicine
- NHU
- Jubilant Life Sciences
- Vertellus
- Brother Enterprises
- Adisseo
- Zhejiang Garden Biochemical
- Kingdomway
Highlights of The Vitamins for Animal Nutrition 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 B3
- Vitamin B5
- Vitamin D3
- Vitamin C
- By Application:
- Poultry Feeds
- Ruminant Feeds
- Pig Feeds
- Aquaculture Feeds
- Others
- 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 Vitamins for Animal Nutrition 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?
Vitamins are essential nutrients that help animals convert food into energy. Animals need vitamins to maintain a healthy immune system, reproductive system, and nervous system. Vitamins can also help the animal absorb important minerals and other nutrients from their food.
Some of the key players operating in the vitamins for animal nutrition market are DSM, Lonza, BASF, Zhejiang Medicine, NHU, Jubilant Life Sciences, Vertellus, Brother Enterprises, Adisseo, Zhejiang Garden Biochemical, Kingdomway.
The vitamins for animal nutrition market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Vitamins for Animal Nutrition Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Vitamins for Animal Nutrition Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Vitamins for Animal Nutrition Market - Supply Chain
4.5. Global Vitamins for Animal Nutrition Market Forecast
4.5.1. Vitamins for Animal Nutrition Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Vitamins for Animal Nutrition Market Size (000 Units) and Y-o-Y Growth
4.5.3. Vitamins for Animal Nutrition Market Absolute $ Opportunity
5. Global Vitamins for Animal Nutrition Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Vitamins for Animal Nutrition Market Size and Volume Forecast by Type
5.3.1. Vitamin A
5.3.2. Vitamin B3
5.3.3. Vitamin B5
5.3.4. Vitamin D3
5.3.5. Vitamin C
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Vitamins for Animal Nutrition Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Vitamins for Animal Nutrition Market Size and Volume Forecast by Application
6.3.1. Poultry Feeds
6.3.2. Ruminant Feeds
6.3.3. Pig Feeds
6.3.4. Aquaculture Feeds
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Vitamins for Animal Nutrition Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Vitamins for Animal Nutrition Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Vitamins for Animal Nutrition Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Vitamins for Animal Nutrition Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Vitamins for Animal Nutrition Demand Share Forecast, 2019-2026
9. North America Vitamins for Animal Nutrition Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Vitamins for Animal Nutrition Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Vitamins for Animal Nutrition Market Size and Volume Forecast by Application
9.4.1. Poultry Feeds
9.4.2. Ruminant Feeds
9.4.3. Pig Feeds
9.4.4. Aquaculture Feeds
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Vitamins for Animal Nutrition Market Size and Volume Forecast by Type
9.7.1. Vitamin A
9.7.2. Vitamin B3
9.7.3. Vitamin B5
9.7.4. Vitamin D3
9.7.5. Vitamin C
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Vitamins for Animal Nutrition Demand Share Forecast, 2019-2026
10. Latin America Vitamins for Animal Nutrition Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Vitamins for Animal Nutrition Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Vitamins for Animal Nutrition Market Size and Volume Forecast by Application
10.4.1. Poultry Feeds
10.4.2. Ruminant Feeds
10.4.3. Pig Feeds
10.4.4. Aquaculture Feeds
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Vitamins for Animal Nutrition Market Size and Volume Forecast by Type
10.7.1. Vitamin A
10.7.2. Vitamin B3
10.7.3. Vitamin B5
10.7.4. Vitamin D3
10.7.5. Vitamin C
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Vitamins for Animal Nutrition Demand Share Forecast, 2019-2026
11. Europe Vitamins for Animal Nutrition Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Vitamins for Animal Nutrition Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Vitamins for Animal Nutrition Market Size and Volume Forecast by Application
11.4.1. Poultry Feeds
11.4.2. Ruminant Feeds
11.4.3. Pig Feeds
11.4.4. Aquaculture Feeds
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Vitamins for Animal Nutrition Market Size and Volume Forecast by Type
11.7.1. Vitamin A
11.7.2. Vitamin B3
11.7.3. Vitamin B5
11.7.4. Vitamin D3
11.7.5. Vitamin C
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Vitamins for Animal Nutrition Demand Share, 2019-2026
12. Asia Pacific Vitamins for Animal Nutrition Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Vitamins for Animal Nutrition Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Vitamins for Animal Nutrition Market Size and Volume Forecast by Application
12.4.1. Poultry Feeds
12.4.2. Ruminant Feeds
12.4.3. Pig Feeds
12.4.4. Aquaculture Feeds
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Vitamins for Animal Nutrition Market Size and Volume Forecast by Type
12.7.1. Vitamin A
12.7.2. Vitamin B3
12.7.3. Vitamin B5
12.7.4. Vitamin D3
12.7.5. Vitamin C
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Vitamins for Animal Nutrition Demand Share, 2019-2026
13. Middle East & Africa Vitamins for Animal Nutrition Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Vitamins for Animal Nutrition Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Vitamins for Animal Nutrition Market Size and Volume Forecast by Application
13.4.1. Poultry Feeds
13.4.2. Ruminant Feeds
13.4.3. Pig Feeds
13.4.4. Aquaculture Feeds
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Vitamins for Animal Nutrition Market Size and Volume Forecast by Type
13.7.1. Vitamin A
13.7.2. Vitamin B3
13.7.3. Vitamin B5
13.7.4. Vitamin D3
13.7.5. Vitamin C
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Vitamins for Animal Nutrition Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Vitamins for Animal Nutrition Market: Market Share Analysis
14.2. Vitamins for Animal Nutrition Distributors and Customers
14.3. Vitamins for Animal Nutrition Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. DSM
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Lonza
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BASF
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Zhejiang Medicine
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. NHU
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Jubilant Life Sciences
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Vertellus
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Brother Enterprises
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Adisseo
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Zhejiang Garden Biochemical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Kingdomway
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
