Water-soluble Vitamin & Mineral Feed Supplements - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Water-soluble Vitamin & Mineral Feed Supplements market is accounted for $6.99 billion in 2018 and is expected to reach $21.18 billion by 2027 growing at a CAGR of 13.1% during the forecast period. Some of the key factors such as organized expansion of livestock sector in developing countries and preventing disease outbreaks in livestock are driving the growth of the market. However, need of knowledge about preparation and storage of feed is the restraining the market growth.
Water-soluble vitamin & mineral feed supplements are feed additives that contain vitamins, fatty acids, and amino acids. They complete the requirement of nutrients as for farm animals; they cannot be satisfied by a normal diet. Feed supplements not only get better their digestibility but also assist to preserve the good strength of the farm animals, Intestinal health, and sanitation.
By vitamin type, Vitamin B3 (Niacin) segment is likely to have a huge demand in conditions of income and anticipated to preserve its location in the close to future. Rising alertness on the subject of initiatives for decrease of disease outbreaks is a factor driving expansion of this vitamin B3 segment in the international market.
On the basis of geography, Asia Pacific region is constantly enhancing owing to rising acceptance vitamins, as they help out to construct a well-built metabolism and supply protection next to diseases.
Some of the key players in Water-soluble Vitamin & Mineral Feed Supplements Market include Royal DSM N.V., Lonza Group, Nutreco N.V., BASF SE, Archer Daniels Midland Company, DLG Group, Invivo NSA, Bluestar Adisseo Co, Alltech, Inc and Kemin Industries, Inc.
Vitamin Types Covered:
• Vitamin C (Ascorbic Acid)
• Vitamin B1 (Thiamin)
• Vitamin B9 (Folic Acid)
• Vitamin B2 (Riboflavin)
• Vitamin B6 (Pyridoxine)
• Vitamin B3 (Niacin)
• Vitamin B5 (Pantothenic Acid)
• Vitamin B Complex
• Vitamin B7 & B12
Mineral Types Covered:
• Trace Minerals
• Macro Minerals
• Other Mineral Types
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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