Global Feed Vitamins Market Size study & Forecast, by Sub Additive (Vitamin A, Vitamin B, Vitamin C, Vitamin E), by Animal (Aquaculture, Poultry, Ruminants, Swine), and Regional Analysis, 2023-2030

Description

List of Tables

Global Feed Vitamins Market is valued at approximately USD 1.7 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 4.34% during the forecast period 2023-2030. Feed vitamins refer to essential organic compounds that are added to animal feed to ensure the animals receive adequate nutrition for optimal health, growth, and performance. Just like humans, animals require vitamins for various bodily functions, such as metabolism, immune function, and reproduction. Common feed vitamins include vitamin A, vitamin D, vitamin E, and various B vitamins (such as thiamine, riboflavin, niacin, and vitamin B12), among others. These vitamins may be naturally present in feed ingredients or added as supplements to ensure animals receive the right balance of nutrients in their diet. Supplementing animal feed with vitamins helps prevent deficiencies and promotes overall well-being and productivity in livestock and poultry.

The market growth is driven by key factors such as the increase in the adoption of pet animals, rising industrialization of the livestock industry and rising vitamin deficiencies and diseases in animals. As more people choose to keep pets, there is a growing demand for pet food products that provide essential nutrients to support their health and well-being. Pet owners are increasingly aware of the importance of proper nutrition for their pets, leading to higher consumption of feed vitamins in pet foods. This trend drives growth in the Feed Vitamins Market as manufacturers strive to meet the nutritional needs of companion animals through fortified pet foods. As per pet adoption statistics, every year, millions of dogs, and cats in the United States find loving homes, yet the challenge of addressing homeless pets persists. Annually, approximately 2 million dogs and 2.1 million cats are adopted from pet shelters across America. Moreover, the number of U.S. households embracing pet ownership has steadily risen from 73 million in 2010 to 87 million in 2022. Significantly, the percentage of U.S. households with pets owning more than one furry companion has increased from 64% in 2020 to 66% in 2022. Amid the COVID-19 pandemic, about 23 million Americans, nearly one in five households, welcomed a new pet into their lives, demonstrating a significant surge in pet adoption rates. Importantly, a vast majority of these new pet owners have stated a strong commitment to their pets, with most indicating that they do not intend to rehome their beloved companions. However, competition of raw materials and fluctuating prices of agricultural commodities stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Feed Vitamins Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. The Asia-Pacific region dominating significantly on its agricultural sector, which serves as a major contributor to the region's GDP. This strong dependence on agriculture positions the region as a dominant force in the Feed Vitamins Market. The growing demand for poultry products, coupled with increasing urbanization trends, further reinforces the region's prominence in this market. Moreover, the Asia-Pacific region is expected to be the fastest growing regionrate over the forecast period, driven by a rapid increase in awareness regarding the importance of maintaining optimal livestock health.

Major market player included in this report are:

Prinova Group LLC.
Adisseo
Archer Daniel Midland Co.
BASF SE
Biovet S.A.
Brenntag SE
Cargill Inc.
DSM Nutritional Products AG
Impextraco NV
Lonza Group Ltd.

Recent Developments in the Market:

In September 2022, DSM finalized the acquisition of Prodap, a prominent Brazilian company specializing in animal nutrition and technology. This strategic move allows DSM to integrate technology offerings, consulting services, and specialized nutritional solutions, ultimately enhancing efficiency and sustainability in animal farming practices.
In July 2022, BASF made significant investments in a vitamin A plant located in Ludwigshafen, Germany, aimed at bolstering the vitamin A supply and solidifying its position as a key ingredients partner in animal nutrition.
In July 2022, Impextraco expanded its facility in Mexico to enhance product storage capacity and capitalize on business opportunities, further establishing the Impextraco brand's presence in the country.

Global Feed Vitamins Market Report Scope:

Historical Data - 2020 - 2021
Base Year for Estimation - 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Sub Additives, Animal, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Sub Additives:

Vitamin A
Vitamin B
Vitamin C
Vitamin E

By Animal:

Aquaculture
Poultry
Ruminants
Swine

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1.Executive Summary

1.1.Market Snapshot
1.2.Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1.Feed Vitamins Market, by Region, 2020-2030 (USD Billion)
- 1.2.2.Feed Vitamins Market, by Sub Additives, 2020-2030 (USD Billion)
- 1.2.3.Feed Vitamins Market, by Animal, 2020-2030 (USD Billion)
1.3.Key Trends
1.4.Estimation Methodology
1.5.Research Assumption

Chapter 2.Global Feed Vitamins Market Definition and Scope

2.1.Objective of the Study
2.2.Market Definition & Scope
- 2.2.1.Industry Evolution
- 2.2.2.Scope of the Study
2.3.Years Considered for the Study
2.4.Currency Conversion Rates

Chapter 3.Global Feed Vitamins Market Dynamics

3.1.Feed Vitamins Market Impact Analysis (2020-2030)
- 3.1.1.Market Drivers
  - 3.1.1.1.Increase in the adoption of pet animals
  - 3.1.1.2.Rising industrialization of livestock industry
  - 3.1.1.3.Rising vitamin deficiencies and diseases in animal
- 3.1.2.Market Challenges
  - 3.1.2.1.Competition of raw materials
  - 3.1.2.2.Fluctuating prices of agricultural commodities
- 3.1.3.Market Opportunities
  - 3.1.3.1.Growing demand for commercial farming of meat and dairy products
  - 3.1.3.2.Growing demand for animal protein

Chapter 4.Global Feed Vitamins Market Industry Analysis

4.1.Porter's 5 Force Model
- 4.1.1.Bargaining Power of Suppliers
- 4.1.2.Bargaining Power of Buyers
- 4.1.3.Threat of New Entrants
- 4.1.4.Threat of Substitutes
- 4.1.5.Competitive Rivalry
4.2.Porter's 5 Force Impact Analysis
4.3.PEST Analysis
- 4.3.1.Political
- 4.3.2.Economical
- 4.3.3.Social
- 4.3.4.Technological
- 4.3.5.Environmental
- 4.3.6.Legal
4.4.Top investment opportunity
4.5.Top winning strategies
4.6.COVID-19 Impact Analysis
4.7.Disruptive Trends
4.8.Industry Expert Perspective
4.9.Analyst Recommendation & Conclusion

Chapter 5.Global Feed Vitamins Market, by Sub Additives

5.1.Market Snapshot
5.2.Global Feed Vitamins Market by Sub Additives, Performance - Potential Analysis
5.3.Global Feed Vitamins Market Estimates & Forecasts by Sub Additives 2020-2030 (USD Billion)
5.4.Feed Vitamins Market, Sub Segment Analysis
- 5.4.1.Vitamin A
- 5.4.2.Vitamin B
- 5.4.3.Vitamin C
- 5.4.4.Vitamin E

Chapter 6.Global Feed Vitamins Market, by Animal

6.1.Market Snapshot
6.2.Global Feed Vitamins Market by Animal, Performance - Potential Analysis
6.3.Global Feed Vitamins Market Estimates & Forecasts by Animal 2020-2030 (USD Billion)
6.4.Feed Vitamins Market, Sub Segment Analysis
- 6.4.1.Aquaculture
- 6.4.2.Poultry
- 6.4.3.Ruminants
- 6.4.4.Swine

Chapter 7.Global Feed Vitamins Market, Regional Analysis

7.1.Top Leading Countries
7.2.Top Emerging Countries
7.3.Feed Vitamins Market, Regional Market Snapshot
7.4.North America Feed Vitamins Market
- 7.4.1.U.S. Feed Vitamins Market
  - 7.4.1.1.Sub Additives breakdown estimates & forecasts, 2020-2030
  - 7.4.1.2.Animal breakdown estimates & forecasts, 2020-2030
- 7.4.2.Canada Feed Vitamins Market
7.5.Europe Feed Vitamins Market Snapshot
- 7.5.1.U.K. Feed Vitamins Market
- 7.5.2.Germany Feed Vitamins Market
- 7.5.3.France Feed Vitamins Market
- 7.5.4.Spain Feed Vitamins Market
- 7.5.5.Italy Feed Vitamins Market
- 7.5.6.Rest of Europe Feed Vitamins Market
7.6.Asia-Pacific Feed Vitamins Market Snapshot
- 7.6.1.China Feed Vitamins Market
- 7.6.2.India Feed Vitamins Market
- 7.6.3.Japan Feed Vitamins Market
- 7.6.4.Australia Feed Vitamins Market
- 7.6.5.South Korea Feed Vitamins Market
- 7.6.6.Rest of Asia Pacific Feed Vitamins Market
7.7.Latin America Feed Vitamins Market Snapshot
- 7.7.1.Brazil Feed Vitamins Market
- 7.7.2.Mexico Feed Vitamins Market
7.8.Middle East & Africa Feed Vitamins Market
- 7.8.1.Saudi Arabia Feed Vitamins Market
- 7.8.2.South Africa Feed Vitamins Market
- 7.8.3.Rest of Middle East & Africa Feed Vitamins Market

Chapter 8.Competitive Intelligence

8.1.Key Company SWOT Analysis
8.2.Top Market Strategies
8.3.Company Profiles
- 8.3.1.Prinova Group LLC
  - 8.3.1.1.Key Information
  - 8.3.1.2.Overview
  - 8.3.1.3.Financial (Subject to Data Availability)
  - 8.3.1.4.Product Summary
  - 8.3.1.5.Recent Developments
- 8.3.2.Adisseo
- 8.3.3.Archer Daniel Midland Co.
- 8.3.4.BASF SE
- 8.3.5.Biovet S.A.
- 8.3.6.Brenntag SE
- 8.3.7.Cargill Inc.
- 8.3.8.DSM Nutritional Products AG
- 8.3.9.Impextraco NV
- 8.3.10.Lonza Group Ltd.

Chapter 9.Research Process

9.1.Research Process
- 9.1.1.Data Mining
- 9.1.2.Analysis
- 9.1.3.Market Estimation
- 9.1.4.Validation
- 9.1.5.Publishing
9.2.Research Attributes
9.3.Research Assumption

LIST OF TABLES

TABLE 1.Global Feed Vitamins Market, report scope
TABLE 2.Global Feed Vitamins Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3.Global Feed Vitamins Market estimates & forecasts by Sub Additives 2020-2030 (USD Billion)
TABLE 4.Global Feed Vitamins Market estimates & forecasts by Animal 2020-2030 (USD Billion)
TABLE 5.Global Feed Vitamins Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 6.Global Feed Vitamins Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7.Global Feed Vitamins Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8.Global Feed Vitamins Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9.Global Feed Vitamins Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10.Global Feed Vitamins Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11.Global Feed Vitamins Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12.Global Feed Vitamins Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13.Global Feed Vitamins Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14.Global Feed Vitamins Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15.U.S. Feed Vitamins Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16.U.S. Feed Vitamins Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 17.U.S. Feed Vitamins Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18.Canada Feed Vitamins Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 19.Canada Feed Vitamins Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20.Canada Feed Vitamins Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21.UK Feed Vitamins Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 22.UK Feed Vitamins Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23.UK Feed Vitamins Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24.Germany Feed Vitamins Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 25.Germany Feed Vitamins Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26.Germany Feed Vitamins Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27.France Feed Vitamins Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 28.France Feed Vitamins Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29.France Feed Vitamins Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30.Italy Feed Vitamins Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 31.Italy Feed Vitamins Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32.Italy Feed Vitamins Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33.Spain Feed Vitamins Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 34.Spain Feed Vitamins Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35.Spain Feed Vitamins Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36.RoE Feed Vitamins Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 37.RoE Feed Vitamins Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38.RoE Feed Vitamins Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39.China Feed Vitamins Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 40.China Feed Vitamins Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41.China Feed Vitamins Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42.India Feed Vitamins Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 43.India Feed Vitamins Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44.India Feed Vitamins Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45.Japan Feed Vitamins Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 46.Japan Feed Vitamins Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47.Japan Feed Vitamins Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48.South Korea Feed Vitamins Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 49.South Korea Feed Vitamins Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50.South Korea Feed Vitamins Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51.Australia Feed Vitamins Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 52.Australia Feed Vitamins Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53.Australia Feed Vitamins Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54.RoAPAC Feed Vitamins Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 55.RoAPAC Feed Vitamins Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56.RoAPAC Feed Vitamins Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57.Brazil Feed Vitamins Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 58.Brazil Feed Vitamins Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59.Brazil Feed Vitamins Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60.Mexico Feed Vitamins Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 61.Mexico Feed Vitamins Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62.Mexico Feed Vitamins Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63.RoLA Feed Vitamins Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 64.RoLA Feed Vitamins Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65.RoLA Feed Vitamins Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66.Saudi Arabia Feed Vitamins Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 67.South Africa Feed Vitamins Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68.RoMEA Feed Vitamins Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69.List of secondary sources, used in the study of global Feed Vitamins Market
TABLE 70.List of primary sources, used in the study of global Feed Vitamins Market
TABLE 71.Years considered for the study
TABLE 72.Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1.Global Feed Vitamins Market, research methodology
FIG 2.Global Feed Vitamins Market, Market estimation techniques
FIG 3.Global Market size estimates & forecast methods
FIG 4.Global Feed Vitamins Market, key trends 2022
FIG 5.Global Feed Vitamins Market, growth prospects 2023-2030
FIG 6.Global Feed Vitamins Market, porters 5 force model
FIG 7.Global Feed Vitamins Market, pest analysis
FIG 8.Global Feed Vitamins Market, value chain analysis
FIG 9.Global Feed Vitamins Market by segment, 2020 & 2030 (USD Billion)
FIG 10.Global Feed Vitamins Market by segment, 2020 & 2030 (USD Billion)
FIG 11.Global Feed Vitamins Market by segment, 2020 & 2030 (USD Billion)
FIG 12.Global Feed Vitamins Market by segment, 2020 & 2030 (USD Billion)
FIG 13.Global Feed Vitamins Market by segment, 2020 & 2030 (USD Billion)
FIG 14.Global Feed Vitamins Market, regional snapshot 2020 & 2030
FIG 15.North America Feed Vitamins Market 2020 & 2030 (USD Billion)
FIG 16.Europe Feed Vitamins Market 2020 & 2030 (USD Billion)
FIG 17.Asia pacific Feed Vitamins Market 2020 & 2030 (USD Billion)
FIG 18.Latin America Feed Vitamins Market 2020 & 2030 (USD Billion)
FIG 19.Middle East & Africa Feed Vitamins Market 2020 & 2030 (USD Billion)