According to a market report by Lucintel, the future of the feed vitamins market looks promising with opportunities in the swine, ruminants, poultry, aquatic animals, and other livestock production industries. The global feed vitamins market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected grow with a CAGR of 2% from 2020 to 2025. The major drivers for this market are increasing meat production and growing health concerns owing to disease outbreak in livestock
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In this market, different types of feed vitamins, such as vitamin A, vitamin B, vitamin C, vitamin D, vitamin E, and other vitamins are used in various animal feeding industries. Vitamin E will remain the largest segment over the forecast period as it helps to resist the disease in animals and keep up the basic structure of tissues
Within this market, poultry will remain the largest livestock during the forecast period due to increased demand for meat and eggs across the globe.
Asia Pacific will remain the largest region over the forecast period due to the increasing livestock production in countries like China and India.
Adisseo, DSM Nutritional Products, BASF, Lonza Group, Zhejiang Medicine., and Archer Daniels Midland Company are among the major feed vitamins manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global feed vitamins market by type of vitamins, livestock, form, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Feed Vitamins Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global feed vitamins market by type of vitamins, livestock, form, and region as follows:
By Type of Vitamins [Volume (kilotons) and $M shipment analysis for 2014 – 2025]:
Vitamin A
Vitamin B
Vitamin C
Vitamin D
Vitamin E
Other Vitamins
By Livestock [Volume (kilotons) and $M shipment analysis for 2014 – 2025]:
Swine
Ruminants
Poultry
Aquatic Animals
Others
By Form [Volume (kilotons) and $M shipment analysis for 2014 – 2025]:
By Region [Volume (kilotons) and $M shipment analysis for 2014 – 2025]:
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Asia Pacific
China
Japan
India
South Korea
The Rest of the World
This more than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
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