Europe Feed Vitamins Market

Europe Feed Vitamins Market

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raksha

Author:

Raksha Sharma

Vineet

Fact-checked by:

Vineet Pandey

Shreyas

Editor:

Shreyas Tandon

Europe Feed Vitamins Market Outlook 2031

The Europe feed vitamins market size was USD 38.1 Billion in 2022 and is anticipated to reach USD 70.05 Billion by 2031 expand at a significant CAGR 7% during the forecast period, 2023-2031. The growth of the market is attributed to increasing demand for quality meat and meat-based products.Vitamins are natural materials that are necessary for normal metabolic processes in animals.

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, given to farm animals to provides high nutrition level, better health, and disease prevention. They do not provide energy but they are necessarily used for energy. Feed vitamins are mainly used by dairy and poultry animals.

Europe Feed Vitamins Market Outlook

Europe Feed Vitamins Market Trends, Drivers, Restraints, and Opportunities

  • Increasing consumption of fortified food and supplements is anticipated to drive the market growth during the forecast period.
  • Growing risks of various diseases is projected to boost the market growth in the coming years.
  • Rising demand for high quality milk and eggs is anticipated to drive the market growth during the forecast period.
  • Growing safety concerns associated with the outbreak of livestock diseases is estimated to spur the market growth in the coming years.
  • Rising global industrialization of meat products is projected to boost the market growth in the coming years.
  • Increasing preference for animal-sourced protein is anticipated to drive the market growth during the forecast period.
  • High cost of raw material such as maize, wheat and barley and processing can 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, thereby creating new opportunities for the market growth.

Scope of the Europe Feed Vitamins Market Report

The report on the Europe 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

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

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Types (Vitamins A, Vitamins B, Vitamins C, Vitamins E, and Others) and Animal Types (Ruminants, Poultry, Swine, Aquaculture, and Others)

Geography

Spain, The UK, Germany, France, Italy, Russia, and Rest of Europe

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; Archer Daniels Midland Co.; DSM Nutritional Products AG.; and Bluestar Addiseo Co.

Europe Feed Vitamins Market Segment Insights

Vitamins E segment to hold a significant market share

On the basis of types, the market is divided vitamins A, vitamins B, vitamins C, vitamins E, and others. The vitamins A segment is expected to hold a key share of the market in the coming years, as it helps in regulating body functions and keeps body healthy. 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. Alfalfa is a good source of vitamin E.

Europe Feed Vitamins Market Types

Poultry segment is anticipated to hold a large market share

Based on animal types, the market is segmented into ruminants, poultry, swine, aquaculture, and others. The ruminants segment is projected to constitute a major market share during the forecast period. High digestibility of starch in diet while maintaining the fiber effect of feed vitamins is increasing consumption among ruminants.

Moreover, the reduction of undegradable fraction of ruminal starch and increasing e efficiency of amylolytic ruminal flora are some of the major factors fueling the market growth.

Europe Feed Vitamins Market Animal Types

The UK is estimated to account a major market share

On the basis of geography, the market is classified as Spain, the UK, Germany, France, Italy, Russia and Rest of Europe. Spain 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 the UK is anticipated to expand at a rapid pace during the forecast period due to growing consumption of nutrition rich products, high awareness, and increasing population.

Segments


The Europe feed vitamins market has been segmented on the basis of

Types

  • Vitamins A
  • Vitamins B
  • Vitamins C
  • Vitamins E
  • Others

Animal Types

  • Ruminants
  • Poultry
  • Swine
  • Aquaculture
  • Others

Geography

  • Spain
  • The UK
  • Germany
  • France
  • Italy
  • Russia
  • Rest of Europe

Key Players

Competitive Landscape

Key players competing in the Europe feed vitamins market includes BASF SE; Archer Daniels Midland Co.; DSM Nutritional Products AG.; and Bluestar Addiseo Co.

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.

Europe Feed Vitamins Market Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Feed Vitamins 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 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 - Supply Chain
  4.5. Global Feed Vitamins Market Forecast
     4.5.1. Feed Vitamins Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Feed Vitamins Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Feed Vitamins Market Absolute $ Opportunity
5. Global Feed Vitamins 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 Size and Volume Forecast by Types
     5.3.1. Vitamins A Vitamins B Vitamins C Vitamins E Others
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Feed Vitamins 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 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 Demand Share Forecast, 2019-2026
7. North America Feed Vitamins 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 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 Size and Volume Forecast by Types
     7.4.1. Vitamins A Vitamins B Vitamins C Vitamins E 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 Demand Share Forecast, 2019-2026
8. Latin America Feed Vitamins 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 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 Size and Volume Forecast by Types
     8.4.1. Vitamins A Vitamins B Vitamins C Vitamins E 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 Demand Share Forecast, 2019-2026
9. Europe Feed Vitamins 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 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 Size and Volume Forecast by Types
     9.4.1. Vitamins A Vitamins B Vitamins C Vitamins E 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 Demand Share Forecast, 2019-2026
10. Asia Pacific Feed Vitamins 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 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 Size and Volume Forecast by Types
     10.4.1. Vitamins A Vitamins B Vitamins C Vitamins E 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 Demand Share Forecast, 2019-2026
11. Middle East & Africa Feed Vitamins 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 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 Size and Volume Forecast by Types
     11.4.1. Vitamins A Vitamins B Vitamins C Vitamins E 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 Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Feed Vitamins Market: Market Share Analysis
  12.2. Feed Vitamins Distributors and Customers
  12.3. Feed Vitamins Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. BASF SE Archer Daniels Midland Co. DSM Nutritional Products AG. Bluestar Addiseo Co.

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