Feed Vitamin Market Industry Status and Sales Volume to 2023


Posted August 21, 2018 by Lokesh_m

Feed Vitamin Market By Type Of Vitamins, By Livestock Type, By Formulation, By Function And By Region - Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2023

 
Feed Vitamin Market Growth Value analysis:
Global Feed Vitamin Market is expected to grow at a CAGR of 2.4% and reach USD 8.89 billion by 2021 from USD 7.9 billion in 2016. Feed vitamins are food supplements which are given to farm animals as they are unable to get enough vitamins from the daily meals. These feed vitamins become necessary sometime as deficiency of vitamin causes many diseases and also hinder the growth of animals. Modern feeds are produced by selecting specific ingredients which provide high nutrition diet to livestock for their better health and also for obtaining good end products like milk, egg, and meat.

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Feed Vitamin Market Objectives:
Majorly there are four Vitamins which are included in the animal feed. Vitamin A is mostly lacking in the animals which are essential for growth, reproduction and milk production. Vitamin D is abundant in animals and is required to consume the calcium and phosphorus present. Vitamin B group is generally not required for the livestock as it gets synthesized in their rumen but young calves and monogastric animals need it. Vitamin E is necessary for the prevention of paralysis and also for hatching of eggs. These feeds are used by poultry and dairy farmers.

Feed vitamins have been considered very essential for all livestock which drives the animal feed market. Increasing health concerns due to the disease outbreak in livestock and increase in demand for high-quality meat are driving the market. The high cost of processing and raw materials is hindering the growth of the market.

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Feed Vitamin Industry Categorized:
Mainly the feed vitamin market is segmented based upon the type of Vitamins into Vitamin A, Vitamin B, Vitamin C, Vitamin D, Vitamin E and Vitamin K. Type of livestock include swine, ruminants, poultry, aquatic animals and others. They are either single functioned or multi-functioned. On the basis of formulation, they are divided into liquid, dry and others (powder, pellet). Poultry is the largest and fastest growing segment due to increase in population and hence the demand for meat and egg is increased.

Regional Forecast Report:
Geographically the market is segmented into North America, Europe, Asia Pacific, Latin America and the Middle East and Africa. The Asia Pacific leads the market with the highest number of shares and is likely to be the fastest growing region as well. Europe is the second largest market. China is the world’s largest producer and consumer of vitamin feeds due to higher disposable incomes, increasing middle-class population and changing personal health perception.

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Market Segmentation
By Vitamin Type
• Vitamin A
• Vitamin B
• Vitamin C
• Vitamin D
• Vitamin E
• Vitamin K

By Livestock Type
• Swine
• Ruminants
• Poultry
• Aquatic Animals
• Others

By Formulation
• Liquid
• Dry
• Others (Powder, Pellet)
By Function
• Single Functioned
• Multi Functioned

The Scope of the report:
• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms product type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

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Issued By lokesh
Country India
Categories Agriculture , Business , Marketing
Tags feed vitamin market
Last Updated August 21, 2018