Africa Feed Vitamins Market

Africa Feed Vitamins Market by Types (A, E, B, C, and Others), Animal Types (Ruminant, Poultry, Swine, Aquaculture, Pet Food, and Horses), and Geography (South Africa, Egypt, and Rest of Africa) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: HC-1380
  • Author: Growth Market Reports
  • Rating: 4.9
  • Total Reviews: 3
  • No. Of Pages: 213
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The Africa feed vitamins market size is anticipated to expand at a robust CAGR during the forecast period, 2021-2028. The growth of the market is attributed increasing meat consumption.

Africa Feed Vitamins Market

Dietary supplementation of dairy, sheep and goats with vitamins, in the form of a premix, is important as it has a positive impact on various aspect such as growth, health and milk production. However, improper eating of animal feed can lead to adverse effects. This is especially important under overeating or malnutrition conditions, which can lead to foodborne illness. In the case of these micronutrients, the purity and availability of the environment can play a major role in the wellbeing of animals.

Vitamins are the foundation of balanced animal nutrition. They are essential micronutrients that are required for normal physiological functions, including growth, and body development, reproduction.

Market Trends, Drivers, Restraints, and Opportunities:

  • Increasing awareness among the farmers about the benefits of the feed additives is one of the major drivers that is contributing to the growth of the Africa feed vitamins market
  • Well-developed animal industry in Africa is expected to augment the market growth.
  • Deprived availability of the feed in large proportion can restraint the growth of the market.
  • The outbreak of COVID-19 has negatively impacted the Africa feed vitamins market. However, the market is anticipated to recover soon due to declining number of cases and acceleration in the vaccination drive in the region.
  • Rising food demand and increasing population are expected to proliferate the growth of the market.
  • Ongoing R&D activities to improve the quality of animal feed is expected to create lucrative opportunities during the forecast period.

Scope of the Report

The report on the Africa feed vitamins market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Africa Feed Vitamins Market -  Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Types (A, E, B, C, and Others), Animal Types (Ruminant, Poultry, Swine, Aquaculture, Pet Food, Horses)

Geographical scope

South Africa, Egypt, and Rest of Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Vitafor Nv, BASF SE, Pfizer, Inc., Pharmavite and Zinpro Corporation

Africa Feed Vitamins Market Segment Insights:

Vitamin B segment to grow at a rapid pace

Based on types, the market is divided into A, E, B, C, and others. The Vitamin B segment is anticipated to account for a significant market share and is anticipated to grow at a steady rate during the forecast period. Vitamin B play a vital role in maintaining good health and well-being. Thiamine helps in regulating energy and carbohydrate metabolism, and activates ion channels in neural tissue. Riboflavin, B12, and niacin facilitate enzyme function in the body.

Poultry segment to account a large market share

On the basis of animal types, the market is segregated into ruminant, poultry, swine, aquaculture, pet food, and horses. The poultry segment is anticipated to account for a large market share during the forecast period. Increasing consumption of chicken is driving the growth of the market segment. If the desired feed is not formulated to the birds in the poultry segment, there are possibilities of reduced growth, and poor reproduction. Vitamins aid an animal by helping to regulate body functions, keeping the body healthy, and promoting resistance to diseases. Vitamins are organic nutrients that are needed in small quantities to perform specific functions.

Africa Feed Vitamins Market

South Africa to account a key market share

On the basis of geography, the market is segregated into South Africa, Egypt, and Rest of Africa. South Africa is anticipated to account for a key market share during the forecast period. The country has a well-developed livestock industry among all the Africa-based countries. It has a market-oriented animal farming industry that includes cattle, dairy, pigs, sheep, goats, and rabbits. It also has established poultry and dairy industry, which is expected to bolster the market's demand in the country.

Africa Feed Vitamins Market

Segments

Segments Covered in the Report

The Africa feed vitamins have been segmented on the basis of

Types

  • A
  • E
  • B
  • C
  • Others

Animal Types

  • Ruminant
  • Poultry
  • Swine
  • Aquaculture
  • Pet Food
  • Horses 

Geography

  • South Africa
  • Egypt
  • Rest of Africa

Key Players

  • Zinpro Corporation
  • Vitafor
  • Pharmavite
  • Pfizer
  • BASF SE

Competitive Landscape

The major players of the market are Vitafor Nv, BASF SE, Pfizer, Inc., Pharmavite and Zinpro Corporation.

Companies are investing in research and development, and focusing on joint ventures and acquisitions to expand their market share.

Africa Feed Vitamins

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Vitamins Market 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 Market Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Vitamins Market Market - Supply Chain
  4.5. Global Vitamins Market Market Forecast
     4.5.1. Vitamins Market Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Vitamins Market Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Vitamins Market Market Absolute $ Opportunity
5. Global Vitamins Market Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Vitamins Market Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Vitamins Market Demand Share Forecast, 2019-2026
6. North America Vitamins Market Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Vitamins Market Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Vitamins Market Demand Share Forecast, 2019-2026
7. Latin America Vitamins Market Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Vitamins Market Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Vitamins Market Demand Share Forecast, 2019-2026
8. Europe Vitamins Market Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Vitamins Market Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Vitamins Market Demand Share Forecast, 2019-2026
9. Asia Pacific Vitamins Market 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
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Vitamins Market Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Vitamins Market Demand Share Forecast, 2019-2026
10. Middle East & Africa Vitamins Market 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. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Vitamins Market Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Vitamins Market Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Vitamins Market Market: Market Share Analysis
  11.2. Vitamins Market Distributors and Customers
  11.3. Vitamins Market Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Zinpro Corporation Vitafor Pharmavite Pfizer BASF SE

Segments Covered in the Report

The Africa feed vitamins have been segmented on the basis of

Types

  • A
  • E
  • B
  • C
  • Others

Animal Types

  • Ruminant
  • Poultry
  • Swine
  • Aquaculture
  • Pet Food
  • Horses 

Geography

  • South Africa
  • Egypt
  • Rest of Africa

Key Players

  • Zinpro Corporation
  • Vitafor
  • Pharmavite
  • Pfizer
  • BASF SE

The major players of the market are Vitafor Nv, BASF SE, Pfizer, Inc., Pharmavite and Zinpro Corporation.

Companies are investing in research and development, and focusing on joint ventures and acquisitions to expand their market share.

Africa Feed Vitamins

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