Africa Feed Vitamins Market
Segments - 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
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.
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 |
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Report Title |
Africa Feed Vitamins Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2020 |
|
Historic Data |
2018–2019 |
|
Forecast Period |
2021–2028 |
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Segmentation |
Types (A, E, B, C, and Others), Animal Types (Ruminant, Poultry, Swine, Aquaculture, Pet Food, Horses) |
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Geographical scope |
South Africa, Egypt, and Rest of Africa |
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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.
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.
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.
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
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
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