Market Overview:

Feed Grade Vitamin A Market was valued USD xx billion in 2019 and is expected to grow at a CAGR of xx%, to reach USD xx billion by 2024.

Vitamin A has many functions in animal bodies. The functions include growth and development of the body, vision, mucous membranes, reproduction and maintenance of the immune system. The deficiency of vitamin A results in stress-related disorders, increased susceptibility to infections, and stone formation in urinary tracts, night blindness, and formation of ulcers. Few animals such as dog and sheep are capable of converting carotene present in plants into vitamin A with the help of certain enzymes. Cattle, chicks, and horses are not able to convert carotene into vitamin A. Therefore, and they are needed to have vitamin A content in their feed. Many products that contain feed grade vitamin A are available in the market for this reason. Nonetheless, excess consumption of vitamin A can cause toxicity issues.

 Feed Grade Vitamin A Market drivers and restraints:

Rising demand for meat and its related products has resulted in the growth in the population of cattle and poultries. This, in turn, increased the demand for feed grade

Vitamin A products. The growing trend of raising companion animals, rising occurrence of animal infections and innovations in animal feed products are propelling the market growth.

Nevertheless, lack of awareness among the farmers relating to the supplements and less market penetration of these products are hindering the market growth. The vitamin A market is experiencing growth because of the growth and rise of the food & beverages sector. In addition to that, factors like increase in geriatric population, healthcare expenditure, the incidence of ophthalmic diseases, and healthcare awareness boost the growth of the market. Nevertheless, government rules related to the approval of pharmaceutical products hinder market growth. Ongoing Research & Development activities are estimated to present new growth opportunities.

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Report segmented as:

By Product:

Low Purity Feed Grade Vitamin A
High Purity Feed Grade Vitamin A
End Users:

Livestock Farm
Households
Pet stores
Others
Geographical analysis:

Based on the region, the global Feed Grade Vitamin A market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America dominates the feed grade vitamin A market because of the extensive market penetration in this region. The Asia Pacific is estimated to be the fastest growing market segment. It is because of the increasing population as well as the rising demand for meat and related products in this region.

Important market players:

Some of the key players in Feed Grade Vitamin A market are BASF, Zhejiang NHU, Kingdomway, Adisseo, Zhejiang Medicine and DSM.

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The Scope of the report:

This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.

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