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NA Feed Vitamins Market Size, Industry Report 2031
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NA Feed Vitamins Market Size, Industry Report 2031

Segments - North America Feed Vitamins Market by Types (Vitamins A, Vitamins B, Vitamins C, Vitamins E, and Others), Animal Types (Ruminants, Poultry, Swine, Aquaculture, and Others), and Geography (United States, Mexico, Canada, and Rest of North America) - 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-3778 | 4.3 Rating | 83 Reviews | 199 Pages | Format : PDF Excel PPT

Report Description


North America Feed Vitamins Market Outlook

The North America Feed Vitamins Market size was valued at USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031 expanding at a CAGR of 5.1% during 2023 – 2031. The growth of the market is attributed to rising animal production in the North America.

The feed vitamins are a supplement or feed additive used in the animal feed for excellent growth, overall health, development of animals, and for preventions of diseases in the livestock. The vitamins might oscillate digestibility, hygiene, and effect on intestinal health. It is essential that the right amount is dosed for different species at different growth phases to ensure proper animal growth, reproduction, and immune defense

North America Feed Vitamins Market Outlook


The COVID-19 pandemic affected the demand and supply of the North America feed vitamins market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the COVID-19 pandemic is expected to contribute to the market growth over the forecast period.

  • Increasing awareness and demand for hygienic, healthy, and nutritious products in this pandemic is estimated to drive the North America feed vitamins market.
  • Increasing feed production and growing animal health concern is projected to drive the market during the forecast period.
  • Owing to high consumption of meat in the North American countries is projected to drive the market during the forecast period.
  • Increasing prices of raw materials which is used to make the feed vitamins hampered the growth of feed additives market.
  • The complications associated with feed vitamins procedure are hindering the North America feed Vitamins market.
  • Increasing number of meat consumption, growing meat production business, and changing food habits of customers are fueling the North America feed vitamins market during the forecast period.

Scope of North America Feed Vitamins Market Report

The report on the North America 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 - North America 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)

Regional Scope

North America

Report Coverage

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

Key Players Covered in the Report

Cargill Inc. (Provimi North America); Purina Animal Nutrition LLC.; DSM Nutritional Products AG; BASF SE; Burkmann Industries, Inc.

Feed Vitamins Market Segment Insights

The vitamin A segment is expected to grow at a rapid pace

Based on the types, the North America feed vitamins market is divided into vitamins A, vitamins B, vitamins C, vitamins E, and others. The vitamins A segment is expected to grow at a rapid pace during the forecast period because the deficiency of vitamin A in adult hens reduced inbreeding and egg production, birds decrease rate of hatchability.

This deficiency overcome by adding vitamins into feed. However, the vitamin D segment is anticipated to hold a key market share during the forecast period because the vitamin D helps body to absorb calcium, which is important for bone health.

North America Feed Vitamins Market types

The swine segment is projected to expand at a considerable CAGR

On the basis of animal types, the market is segmented into ruminants, poultry, swine, aquaculture, and others. The swine segment is projected to expand at a considerable CAGR during the forecast period owing to increasing production of pig feed up to 61 million metric tons in North America. However, the poultry segment is anticipated to hold a key share of the market in the coming years due to rising demand for animal protein sources and technological developments.

North America Feed Vitamins Market Animal Types

United States is anticipated to constitute a key market share

In terms of geography, the North America feed vitamin market is classified as United States, Mexico, Canada, and Rest of North America. The United States is anticipated to constitute a key market share during the forecast period due to high consumption of poultry meat in the country. A per capita consumption of meat was more than 98 pounds, in 2019 according to the National Chicken Council. Further increasing consumption, production and expenditure on meat in the country is expected to drive the market.

Segments

The North America 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

  • United States
  • Mexico
  • Canada
  • Rest of North America

Key Players

 

Competitive Landscape

Key players competing in the North America feed vitamins market include Cargill Inc. (Provimi North America); Purina Animal Nutrition LLC.; DSM Nutritional Products AG; BASF SE; Burkmann Industries, Inc.

These key players are constantly implementing several marketing strategies such as merger & acquisitions, capital investments, partnerships, and new product development to sustain industry position in the market.

North America Feed Vitamins Market Keyplayers

Table Of Content

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
     5.3.2. Vitamins B
     5.3.3. Vitamins C
     5.3.4. Vitamins 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 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
     7.4.2. Vitamins B
     7.4.3. Vitamins C
     7.4.4. Vitamins 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 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
     8.4.2. Vitamins B
     8.4.3. Vitamins C
     8.4.4. Vitamins 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 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
     9.4.2. Vitamins B
     9.4.3. Vitamins C
     9.4.4. Vitamins 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 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
     10.4.2. Vitamins B
     10.4.3. Vitamins C
     10.4.4. Vitamins 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 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
     11.4.2. Vitamins B
     11.4.3. Vitamins C
     11.4.4. Vitamins 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 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. Cargill Inc. (Provimi North America)
     12.4.2. Purina Animal Nutrition LLC.
     12.4.3. DSM Nutritional Products AG
     12.4.4. BASF SE
     12.4.5. Burkmann Industries, Inc.
     12.4.6.  

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