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Asia Pacific Feed Vitamins Market Size, Industry Report 2031
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Asia Pacific Feed Vitamins Market Size, Industry Report 2031

Segments - Asia Pacific Feed Vitamins Market by Types (Vitamin A, Vitamin B, Vitamin C, Vitamin E, and Others), Animal Types (Ruminants, Poultry, Swine, Aquacultures, and Others), and Geography (China, India, Japan, Australia, and Rest of Asia Pacific) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 –2031

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Author : Raksha Sharma
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Fact-checked by : V. Chandola
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Editor : Vishal Golekar

Upcoming | Report ID :HC-3097 | 4.6 Rating | 56 Reviews | 189 Pages | Format : PDF Excel PPT

Report Description


The Asia-Pacific feed vitamins market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 1.9% during 2023–2031. The growth of the market is attributed to increasing preference for animal-sourced protein.

Feed vitamins provide essential vitamins, included in animal feeds in adequate amount for the complete growth and performance of the livestock. Vitamins are organic nutrients that are provided to farm animals to confer them with high nutrition level and better health and disease prevention. They do not provide energy but they are necessary in the use of energy. Feed vitamins are mainly used by dairy and poultry animals.

Asia Pacific Feed Vitamins Market Outlook

  • Increasing consumption of fortified food and supplements is anticipated to drive the market growth during the forecast period.

  • Changing lifestyle is estimated to spur the market growth in the coming years.

  • Growing risks of various diseases  is projected to boost the market growth in the coming years.

  • Rising demand for high-quality milk, eggs, and meat is anticipated to drive the market growth during the forecast period.

  • High cost of raw materials and processing is projected to hamper the market growth.

  • High cost encored with the natural vitamins is estimated to restrict the market growth.

  • Many companies are advertising their products as a non-prescription product, which can be taken along with the OTC drugs, is estimated to create lucrative opportunities for the market.

Scope of Asia Pacific Feed Vitamins Market Report

The report on the Asia Pacific 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

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

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Types (Vitamin A, Vitamin B, Vitamin C, Vitamin E, and Others) and Animal Types (Ruminants, Poultry, Swine, Aquacultures, and Others)

Geography

China, India, Japan, Australia, and Rest of Asia Pacific

Report Coverage

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

Key Players Covered in the Report

BASF SE; Advanced Animal Nutrition Pty Ltd.; Kemin Industries Inc.; Pangoo Biotech; and China Vitamins LLC

Asia-Pacific Feed Vitamins Market Segment Insights

Vitamins E segment to hold a significant market share

On the basis of types, the market is divided vitamin A, vitamin B, vitamin C, vitamin E, and others. The vitamin A segment is expected to hold a key share of the market in the coming years, as it help in regulating body function. However, the vitamin E segment is anticipated to expand at a rapid pace during the forecast period, as it promotes good health. Moreover, the lack of vitamin E causes failure in the reproductive system, which is increasing the adoption of vitamin C-rich food products.

Asia Pacific Feed Vitamins Market Type

Poultry segment is anticipated to hold a large market share

Based on animal types, the market is segmented into ruminants, poultry, swine, aquacultures, and others. The ruminants segment is projected to constitute a major market share during the forecast period, as it is high in fiber. Moreover, the reduction of ungradable fraction of ruminal starch and increasing efficiency of amyl lytic ruminal flora are driving the segment growth. On the other hand, the poultry segment is anticipated to expand at a rapid pace during the forecast period.

India is estimated to account a major market share

On the basis of geography, the market is classified as China, India, Japan, Australia, and Rest of Asia Pacific. China is expected to constitute a significant share of the market during the projected period owing to changing demographics and consumption of animal-sourced protein. Moreover, the consumption as well as production of natural vitamins is high in the country. However, the market in India is anticipated to expand at a rapid pace during the forecast period due to increasing consumption of nutrition rich products, high awareness, and rising population.

Segments

The Asia-Pacific feed vitamins market has been segmented on the basis of

Types

  • Vitamin A
  • Vitamin B
  • Vitamin C
  • Vitamin E
  • Others

Animal Types

  • Ruminants
  • Poultry
  • Swine
  • Aquacultures
  • Others

Geography

  • China
  • India
  • Japan
  • Australia
  • Rest of Asia Pacific

Key Players

Competitive Landscape

Key players competing in the Asia-Pacific feed vitamins market includes BASF SE; Advanced Animal Nutrition Pty Ltd.; Kemin Industries Inc.; Pangoo Biotech; and China Vitamins LLC.

Some of these players are engaging in business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market share.

Asia Pacific Feed Vitamins Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Feed 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. Feed 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. Feed Vitamins Market Market - Supply Chain
  4.5. Global Feed Vitamins Market Market Forecast
     4.5.1. Feed Vitamins Market Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Feed Vitamins Market Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Feed Vitamins Market Market Absolute $ Opportunity
5. Global Feed Vitamins Market Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Feed Vitamins Market Market Size and Volume Forecast by Types
     5.3.1. Vitamin A
     5.3.2. Vitamin B
     5.3.3. Vitamin C
     5.3.4. Vitamin E
     5.3.5. Others
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Feed Vitamins Market Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Feed Vitamins Market Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Feed Vitamins Market Demand Share Forecast, 2019-2026
7. North America Feed 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
  7.2. North America Feed Vitamins Market Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Feed Vitamins Market Market Size and Volume Forecast by Types
     7.4.1. Vitamin A
     7.4.2. Vitamin B
     7.4.3. Vitamin C
     7.4.4. Vitamin E
     7.4.5. Others
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Feed Vitamins Market Demand Share Forecast, 2019-2026
8. Latin America Feed 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. Latin America Average Pricing Analysis
  8.2. Latin America Feed Vitamins Market Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Feed Vitamins Market Market Size and Volume Forecast by Types
     8.4.1. Vitamin A
     8.4.2. Vitamin B
     8.4.3. Vitamin C
     8.4.4. Vitamin E
     8.4.5. Others
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Feed Vitamins Market Demand Share Forecast, 2019-2026
9. Europe Feed 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. Europe Average Pricing Analysis
  9.2. Europe Feed Vitamins Market Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Feed Vitamins Market Market Size and Volume Forecast by Types
     9.4.1. Vitamin A
     9.4.2. Vitamin B
     9.4.3. Vitamin C
     9.4.4. Vitamin E
     9.4.5. Others
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Feed Vitamins Market Demand Share Forecast, 2019-2026
10. Asia Pacific Feed 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. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Feed Vitamins Market Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Feed Vitamins Market Market Size and Volume Forecast by Types
     10.4.1. Vitamin A
     10.4.2. Vitamin B
     10.4.3. Vitamin C
     10.4.4. Vitamin E
     10.4.5. Others
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Feed Vitamins Market Demand Share Forecast, 2019-2026
11. Middle East & Africa Feed Vitamins Market Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Feed Vitamins Market Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Feed Vitamins Market Market Size and Volume Forecast by Types
     11.4.1. Vitamin A
     11.4.2. Vitamin B
     11.4.3. Vitamin C
     11.4.4. Vitamin E
     11.4.5. Others
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Feed Vitamins Market Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Feed Vitamins Market Market: Market Share Analysis
  12.2. Feed Vitamins Market Distributors and Customers
  12.3. Feed Vitamins Market Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. BASF SE
     12.4.2. Advanced Animal Nutrition Pty Ltd.
     12.4.3. Kemin Industries Inc.
     12.4.4. Pangoo Biotech
     12.4.5. China Vitamins LLC

Methodology

Our Clients

Nestle SA
General Mills
Microsoft
Siemens Healthcare
sinopec
Pfizer
The John Holland Group
Dassault Aviation