Market Overview:
The global vitamins for feed 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 animal-based protein products, rising awareness about the benefits of vitamins for animals, and growing concerns about animal health and welfare. The vitamin A segment is expected to account for the largest share of the global vitamins for feed market in 2018, followed by the vitamin B3 segment. The growth in these segments can be attributed to their wide applications in various types of feeds and their numerous benefits for animals. In terms of region, North America is expected to account for the largest share of the global vitamins for feed market in 2018, followed by Europe and Asia Pacific.
Product Definition:
A vitamin is an organic compound and a vital nutrient that an organism requires in limited amounts. An essential vitamin is one that the organism cannot synthesize itself and must be obtained from the diet. Vitamins are divided into two categories, water soluble and fat soluble. The water soluble vitamins are B-complex vitamins and C whereas the fat soluble vitamins are A, D, E, and K.
Vitamin A:
Vitamin A is a fat-soluble vitamin required for the normal functioning of eyes, skin, and mucous membranes. It is also necessary for the growth and development of teeth and bone marrow. Vitamin A has two forms that include retinol & carotenoids that act as an antioxidant & pro-vitamin respectively. The product finds application in feed industry as animal feed additive to improve immunity, reproduction performance & vision among others.
Vitamin B3:
Vitamin B3 is also known as thiamine and it is a water-soluble vitamin required by the body to enable the utilization of energy from food. It helps in maintaining normal heart function, proper brain function, eye health and plays an important role in cell growth & development.
Application Insights:
Poultry feed was the largest application segment in 2017 and is expected to witness significant growth over the forecast period. The product has a positive impact on bird health by providing essential nutrients such as vitamins, minerals, and amino acids required for egg production. Growing poultry industry across developing countries of Asia Pacific is anticipated to boost product demand in poultry feed applications over the forecast period.
Ruminant feeds are expected to be one of the fastest-growing segments owing to increasing demand for high quality animal protein sources among livestock farmers globally. Ruminants include cattle, sheep, and goats that produce digestate or rumen which contains high concentration of proteins along with other micro-nutrients required by animals for growth performance & immunity development.
Regional Analysis:
North America was the largest market for feed additives, accounting for a share of more than 30.0% in 2017. The region is expected to maintain its dominance over the forecast period as well due to high animal population along with rising awareness among farmers regarding nutritional requirements of animals.
Asia Pacific is anticipated to be one of the fastest-growing markets at a CAGR exceeding 6.0% from 2018 to 2030 owing to increasing meat consumption and rising awareness about animal health & nutrition among consumers in emerging economies such as China and India, which are majorly driven by government policies encouraging domestic production activities pertaining livestock farming and poultry rearing respectively across these countries.
Growth Factors:
- Increasing demand for animal-based protein in the developing countries is expected to drive the growth of vitamins for feed market over the forecast period.
- Rising awareness about the benefits of using vitamins for feed among livestock farmers is projected to propel demand over the next few years.
- Growing adoption of precision farming techniques is anticipated to create new opportunities for players operating in this market during the forecast period.
- Increasing R&D investments by key players to develop innovative products is likely to boost growth of this market in near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vitamins for Feed 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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Vitamins for Feed Market Report Segments:
The global Vitamins for Feed 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 Feed 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 Feed 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. Vitamins are also necessary for the body to create certain proteins, enzymes and hormones.
Some of the major players in the vitamins for feed market are DSM, Lonza, BASF, Zhejiang Medicine, NHU, Jubilant Life Sciences, Vertellus, Brother Enterprises, Adisseo, Zhejiang Garden Biochemical, Kingdomway.
The vitamins for feed 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 Feed 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 Feed 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 Feed Market - Supply Chain
4.5. Global Vitamins for Feed Market Forecast
4.5.1. Vitamins for Feed Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Vitamins for Feed Market Size (000 Units) and Y-o-Y Growth
4.5.3. Vitamins for Feed Market Absolute $ Opportunity
5. Global Vitamins for Feed 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 Feed 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 Feed 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 Feed 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 Feed 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 Feed 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 Feed 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 Feed 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 Feed Demand Share Forecast, 2019-2026
9. North America Vitamins for Feed 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 Feed 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 Feed 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 Feed 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 Feed Demand Share Forecast, 2019-2026
10. Latin America Vitamins for Feed 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 Feed 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 Feed 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 Feed 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 Feed Demand Share Forecast, 2019-2026
11. Europe Vitamins for Feed 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 Feed 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 Feed 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 Feed 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 Feed Demand Share, 2019-2026
12. Asia Pacific Vitamins for Feed 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 Feed 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 Feed 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 Feed 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 Feed Demand Share, 2019-2026
13. Middle East & Africa Vitamins for Feed 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 Feed 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 Feed 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 Feed 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 Feed Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Vitamins for Feed Market: Market Share Analysis
14.2. Vitamins for Feed Distributors and Customers
14.3. Vitamins for Feed 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
