Global Feed Vitamins Market

The Global Feed Vitamins market has been accounted for US$XX Million and is expected to grow to US$XX Million by 2022, at a CAGR of XX% during the forecast period. Tremendous population growth over the years, growing demand for proteins worldwide and the well-known significance of vitamins in animal health has made this segment of the animal feed industry its current status. Vitamins are externally supplied to the animals for desired growth and products and their deficiency can cause serious ailments in the animals which, at times, can be fatal. Vitamin nutrition is a dynamic process and the quantity of each vitamin to be administered, to a large extent, depends on age, health, climate and the variety of the livestock.

Market Dynamics:

Increasing number of the meat-consuming population, growing industrialization in the meat production business and changing food habits of customers, creating demand for meat with specific texture and flavor has indirectly increased the sales of feed additives. Growing awareness against excessive use of chemicals has caused governments to have stringent regulations, especially for imported foodstuff. This has restrained the export of various additives from a large number of Feed producing countries, especially to the European Union, simultaneously boosting the market for safe, nutritional components of the feed, such as vitamins. Innovation and research in developing a multi vitamin, an all-purpose alternative has been pushed to the fore to capitalize on the current growth trends in the international markets.

Market Segmentation:

On the basis of type, Vitamin market has been categorized mainly into Vitamin A, D, E, K, B and C. Vitamin E and B hold the largest market share. On the basis of Animal type, the market is divided into poultry, cattle, swine and fish feed. The poultry segment finds the largest use of vitamins, mainly due to a large number of species-specific conditions required by the birds. The segment is also expected to grow fastest, mainly because of a demand for quality and mass-production of white meat.

Geographical Analysis:

The Asia-Pacific region holds the largest market share, followed by North America and Europe. China and India are the prime consumers in the feed vitamins market in the Asia-Pacific region. In Europe, Spain, Russia, Germany and France are the prime markets. Brazil leads the Latin American market, followed by Mexico. Technological advancements and rapid industrialization of the meat business have tremendously raised the demand for sophisticated additives in developing countries like Vietnam and Indonesia.

Key Players

Some of the key players in the industry include Adisseo France S.A.S (France), Archer Daniels Midland Co. (US), Bactolac Pharmaceutical, Inc. (US), BASF SE (Germany), DSM Nutritional Products Ltd. (Switzerland), Lonza Group Ltd. (Switzerland), Attrium Innovations, Inc. (Canada), GlaxoSmithKline Plc (UK), and Pfizer, Inc. (the US).

Report Contents:

> Market segments

> Market Drivers, Restraints and Opportunities

> Market Size & Forecast 2016 to 2022

> Supply & Demand Value Chain

> Market - Current Trends

> Competition & Major Companies

> Technology and R&D Status

> Porters Five Force Analysis

> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)

>> Nordic Countries (Denmark, Finland, Norway, and Sweden)

>> Benelux (Belgium, The Netherlands, and Luxembourg)

>> Rest of Western Europe

> Eastern Europe

>> Russia

>> Poland

>> Rest of Eastern Europe

> Asia Pacific

>> China

>> India

>> Japan

>> Australia and New Zealand

>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)

>> South Africa

>> North Africa

>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

> Consumer and Pricing Analysis

> Market dynamics of the industry

> Market Segmentation

> Estimated Market Sizing in terms of volume and value

> Recent trends in Market and impact

> Research Status and Technology Overview

> Extensive Industry Structure Coverage