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Global Animal Feed Vitamin Market by Application and Geography - Forecast and Analysis 2022-2026

  • Published: Aug 2022
  • Pages: 120
  • SKU: IRTNTR40737
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The animal feed vitamin market share is expected to increase by USD 629.01 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 4.61%.

This market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by application (poultry, swine, ruminants, aquaculture, and others) and geography (APAC, Europe, North America, South America, and Middle East and Africa). The market report also offers information on several market vendors, including Alltech Inc., AMORVET, Anfotal Nutritions Pvt. Ltd, Archer Daniels Midland Co., BASF SE, BEC Feed Solutions Pty Ltd., Cargill Inc., Farmann GmbH, Growel Agrovet Pvt. Ltd., HELM AG, Koninklijke DSM NV, Land O Lakes Inc., Northern Nutrition, SALVANA TIERNAHRUNG GmbH, SHV Holdings NV, Sinochem Group Co. Ltd., Total Feeds Inc., Vilofoss AS, Zeus Biotech Pvt. Ltd., and Zhejiang Medicine Co. Ltd. among others.

What will the Animal Feed Vitamin Market Size be During the Forecast Period?

Animal Feed Vitamin Market Size

Download Report Sample to Unlock the Market Size for the Forecast Period and Other Important Statistics

 

Animal Feed Vitamin Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The rising emphasis on inorganic growth is notably driving the market growth, although factors such as growing consumer inclination toward vegan food may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the animal feed vitamin industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Animal Feed Vitamin Market Driver

The rising emphasis on inorganic growth is one of the key drivers fueling market growth. Large vendors in the market are acquiring smaller vendors to gain access to new products and technologies that will enable them to introduce products at a lower cost. Successful M&A activities also help in increasing the market share of vendors. For instance, in September 2021, ADM announced plans to acquire a 75% ownership stake in PetDine LLC, Pedigree Ovens, The Pound Bakery and NutraDine LLC (P4 Companies), which are premier providers of private-label pet treats and supplements. Thus, the increasing number of M&A activities will spur the growth of the market during the forecast period.

Key Animal Feed Vitamin Market Trend

An increase in R&D expenditure is one of the key market trends propelling market growth. Vendors are investing in developing sustainable technologies to produce animal feed vitamins. They are investing in R&D to innovate and launch new vitamin products at low costs. Most of the vendors in the global market have an in-house R&D division to come up with innovative products and sustainable technologies. For instance, Lalleman Inc. is one such company that emphasizes extensive research on animal nutrition and the use of vitamins and their various types as an ingredient in providing animal nutrition. The company research is conducted in two ruminant research centres, National Agricultural Research Institute (INRA) in France and Blockchain Research Institute (BRI) in Canada. Thus, an increase in R&D expenditure will propel the growth of the market during the forecast period.

Key Animal Feed Vitamin Market Challenge

Growing consumer inclination toward vegan food is one of the factors limiting market growth. Veganism refers to the practice of abstaining from the use of animal products, particularly in the diet. People are opting for a vegan diet primarily due to its health benefits, such as the reduced risk of obesity and better heart health. Foodservice outlets are also encouraging the growth of veganism and are adding options to their menus to attract vegan consumers. For instance, veggie cheese, vegetarian burgers, and vegetarian beverages are some of the vegan food offerings available at various eateries. This rising preference for veganism globally is expected to hamper meat consumption, which, in turn, is expected to reduce the volume of adoption of animal feed vitamins in the coming years.

This market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global animal feed vitamin market as a part of the global packaged foods and meats under the global food products segment of the global food, beverage, and tobacco market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the market during the forecast period.

Who are the Major Animal Feed Vitamin Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Alltech Inc.
  • AMORVET
  • Anfotal Nutritions Pvt. Ltd
  • Archer Daniels Midland Co.
  • BASF SE
  • BEC Feed Solutions Pty Ltd.
  • Cargill Inc.
  • Farmann GmbH
  • Growel Agrovet Pvt. Ltd.
  • HELM AG
  • Koninklijke DSM NV
  • Land O Lakes Inc.
  • Northern Nutrition
  • SALVANA TIERNAHRUNG GmbH
  • SHV Holdings NV
  • Sinochem Group Co. Ltd.
  • Total Feeds Inc.
  • Vilofoss AS
  • Zeus Biotech Pvt. Ltd.
  • Zhejiang Medicine Co. Ltd.

 

This statistical study of the market encompasses successful business strategies deployed by the key vendors. The market is fragmented and the vendors are deploying growth strategies such as new product launches, product pricing, and R&D initiatives to compete in the market.

Product Insights and News

  • alltech.com - The company offers animal feed vitamins such as Actigen, Allzyme Vegpro, Amaize, Aquate, and Bio Mos.
  • anfotalnutritions.in - The company offers animal feed vitamins such as Anfaplex, Anfahep, Neutro Gold Plus, Feton, and Anfoxy.
  • adm.com - The company offers animal feed vitamins such as AMPT Minerals, ACES, Pen Pals Layers, and ShowTec EatMoor.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Animal Feed Vitamin Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Animal Feed Vitamin Market?

Animal Feed Vitamin Market Share by Geography

For more insights on the market share of various regions Request PDF Sample now!

40% of the market’s growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for animal feed vitamins in APAC. Market growth in this region will be slower than the growth of the market in South America.

The increasing production of beef, veal, and chicken meat will facilitate market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 in 2020 hampered the growth of the market in APAC. However, the reopening of manufacturing units for animal feed vitamins and the large-scale COVID-19 vaccination drives conducted in the region revived the growth of the animal food vitamin market in the region in 2021, and this is expected to continue during the forecast period. 

What are the Revenue-generating Application Segments in the Animal Feed Vitamin Market?

Animal Feed Vitamin Market Share

To gain further insights on the market contribution of various segments Request PDF Sample

The market share growth in the poultry segment will be significant during the forecast period. The global poultry feed vitamin industry is expected to register significant growth during the forecast period due to the global rise in poultry consumption. Moreover, influencing factors such as changing lifestyles, the rise in disposable income, and the increasing population are expected to have a positive impact on the demand for poultry meat and meat products. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the market size and actionable market insights on post COVID-19 impact on each segment.

 

Animal Feed Vitamin Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 4.61%

Market growth 2022-2026

$ 629.01 million

Market structure

Fragmented

YoY growth (%)

4.0

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 40%

Key consumer countries

US, China, Japan, India, and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Alltech Inc., AMORVET, Anfotal Nutritions Pvt. Ltd, Archer Daniels Midland Co., BASF SE, BEC Feed Solutions Pty Ltd., Cargill Inc., Farmann GmbH, Growel Agrovet Pvt. Ltd., HELM AG, Koninklijke DSM NV, Land O Lakes Inc., Northern Nutrition, SALVANA TIERNAHRUNG GmbH, SHV Holdings NV, Sinochem Group Co. Ltd., Total Feeds Inc., Vilofoss AS, Zeus Biotech Pvt. Ltd., and Zhejiang Medicine Co. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Animal Feed Vitamin Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive market growth during the next five years
  • Precise estimation of the market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behaviour
  • The growth of the animal feed vitamin industry across APAC, Europe, North America, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application

  • 5.1 Market segments
    • Exhibit 24: Chart on Application - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
  • 5.2 Comparison by Application
    • Exhibit 26: Chart on Comparison by Application
    • Exhibit 27: Data Table on Comparison by Application
  • 5.3 Poultry - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Poultry - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Poultry - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Poultry - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Poultry - Year-over-year growth 2021-2026 (%)
  • 5.4 Swine - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Swine - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Swine - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Swine - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Swine - Year-over-year growth 2021-2026 (%)
  • 5.5 Ruminants - Market size and forecast 2021-2026
    • Exhibit 36: Chart on Ruminants - Market size and forecast 2021-2026 ($ million)
    • Exhibit 37: Data Table on Ruminants - Market size and forecast 2021-2026 ($ million)
    • Exhibit 38: Chart on Ruminants - Year-over-year growth 2021-2026 (%)
    • Exhibit 39: Data Table on Ruminants - Year-over-year growth 2021-2026 (%)
  • 5.6 Aquaculture - Market size and forecast 2021-2026
    • Exhibit 40: Chart on Aquaculture - Market size and forecast 2021-2026 ($ million)
    • Exhibit 41: Data Table on Aquaculture - Market size and forecast 2021-2026 ($ million)
    • Exhibit 42: Chart on Aquaculture - Year-over-year growth 2021-2026 (%)
    • Exhibit 43: Data Table on Aquaculture - Year-over-year growth 2021-2026 (%)
  • 5.7 Others - Market size and forecast 2021-2026
    • Exhibit 44: Chart on Others - Market size and forecast 2021-2026 ($ million)
    • Exhibit 45: Data Table on Others - Market size and forecast 2021-2026 ($ million)
    • Exhibit 46: Chart on Others - Year-over-year growth 2021-2026 (%)
    • Exhibit 47: Data Table on Others - Year-over-year growth 2021-2026 (%)
  • 5.8 Market opportunity by Application
    • Exhibit 48: Market opportunity by Application ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 50: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 51: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 52: Chart on Geographic comparison
    • Exhibit 53: Data Table on Geographic comparison
  • 7.3 APAC - Market size and forecast 2021-2026
    • Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.4 Europe - Market size and forecast 2021-2026
    • Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.5 North America - Market size and forecast 2021-2026
    • Exhibit 62: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.6 South America - Market size and forecast 2021-2026
    • Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 70: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.8 US - Market size and forecast 2021-2026
    • Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.9 China - Market size and forecast 2021-2026
    • Exhibit 78: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.10 Japan - Market size and forecast 2021-2026
    • Exhibit 82: Chart on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 83: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 84: Chart on Japan - Year-over-year growth 2021-2026 (%)
    • Exhibit 85: Data Table on Japan - Year-over-year growth 2021-2026 (%)
  • 7.11 India - Market size and forecast 2021-2026
    • Exhibit 86: Chart on India - Market size and forecast 2021-2026 ($ million)
    • Exhibit 87: Data Table on India - Market size and forecast 2021-2026 ($ million)
    • Exhibit 88: Chart on India - Year-over-year growth 2021-2026 (%)
    • Exhibit 89: Data Table on India - Year-over-year growth 2021-2026 (%)
  • 7.12 Germany - Market size and forecast 2021-2026
    • Exhibit 90: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 91: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 92: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 93: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography
    • Exhibit 94: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 95: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 96: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 97: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 98: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 99: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 100: Matrix on vendor position and classification
  • 10.3 Alltech Inc.
    • Exhibit 101: Alltech Inc. - Overview
    • Exhibit 102: Alltech Inc. - Product / Service
    • Exhibit 103: Alltech Inc. - Key offerings
  • 10.4 Anfotal Nutritions Pvt. Ltd
    • Exhibit 104: Anfotal Nutritions Pvt. Ltd - Overview
    • Exhibit 105: Anfotal Nutritions Pvt. Ltd - Product / Service
    • Exhibit 106: Anfotal Nutritions Pvt. Ltd - Key offerings
  • 10.5 Archer Daniels Midland Co.
    • Exhibit 107: Archer Daniels Midland Co. - Overview
    • Exhibit 108: Archer Daniels Midland Co. - Business segments
    • Exhibit 109: Archer Daniels Midland Co. - Key offerings
    • Exhibit 110: Archer Daniels Midland Co. - Segment focus
  • 10.6 BASF SE
    • Exhibit 111: BASF SE - Overview
    • Exhibit 112: BASF SE - Business segments
    • Exhibit 113: BASF SE - Key news
    • Exhibit 114: BASF SE - Key offerings
    • Exhibit 115: BASF SE - Segment focus
  • 10.7 BEC Feed Solutions Pty Ltd.
    • Exhibit 116: BEC Feed Solutions Pty Ltd. - Overview
    • Exhibit 117: BEC Feed Solutions Pty Ltd. - Product / Service
    • Exhibit 118: BEC Feed Solutions Pty Ltd. - Key offerings
  • 10.8 Cargill Inc.
    • Exhibit 119: Cargill Inc. - Overview
    • Exhibit 120: Cargill Inc. - Product / Service
    • Exhibit 121: Cargill Inc. - Key news
    • Exhibit 122: Cargill Inc. - Key offerings
  • 10.9 Koninklijke DSM NV
    • Exhibit 123: Koninklijke DSM NV - Overview
    • Exhibit 124: Koninklijke DSM NV - Business segments
    • Exhibit 125: Koninklijke DSM NV - Key news
    • Exhibit 126: Koninklijke DSM NV - Key offerings
    • Exhibit 127: Koninklijke DSM NV - Segment focus
  • 10.10 SHV Holdings NV
    • Exhibit 128: SHV Holdings NV - Overview
    • Exhibit 129: SHV Holdings NV - Product / Service
    • Exhibit 130: SHV Holdings NV - Key offerings
  • 10.11 Sinochem Group Co. Ltd.
    • Exhibit 131: Sinochem Group Co. Ltd. - Overview
    • Exhibit 132: Sinochem Group Co. Ltd. - Product / Service
    • Exhibit 133: Sinochem Group Co. Ltd. - Key offerings
  • 10.12 Zhejiang Medicine Co. Ltd.
    • Exhibit 134: Zhejiang Medicine Co. Ltd. - Overview
    • Exhibit 135: Zhejiang Medicine Co. Ltd. - Product / Service
    • Exhibit 136: Zhejiang Medicine Co. Ltd. - Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 137: Inclusions checklist
    • Exhibit 138: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 139: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 140: Research methodology
    • Exhibit 141: Validation techniques employed for market sizing
    • Exhibit 142: Information sources
  • 11.5 List of abbreviations
    • Exhibit 143: List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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Animal Feed Vitamin market growth will increase by $629.01 million during 2022-2026.
The animal feed vitamin market is expected to grow at a CAGR of 4.61% during 2022-2026.
Technavio has segmented the animal feed vitamin market by geographic (APAC, Europe, North America, South America, and Middle East and Africa).
Alltech Inc., AMORVET, Anfotal Nutritions Pvt. Ltd, Archer Daniels Midland Co., BASF SE, BEC Feed Solutions Pty Ltd., Cargill Inc., Farmann GmbH, Growel Agrovet Pvt. Ltd., HELM AG, Koninklijke DSM NV, Land O Lakes Inc., Northern Nutrition, SALVANA TIERNAHRUNG GmbH, SHV Holdings NV, Sinochem Group Co. Ltd., Total Feeds Inc., Vilofoss AS, Zeus Biotech Pvt. Ltd., Zhejiang Medicine Co. Ltd. are a few of the key vendors in the animal feed vitamin market.
APAC will register the highest growth rate of 39.59% among the other regions. Therefore, the animal feed vitamin market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • China
  • Japan
  • India
  • Germany
The key factors driving the animal feed vitamin market growth are:
  • Rising emphasis on inorganic growth
  • Increase in R and D expenditure
The animal feed vitamin market vendors should focus on grabbing business opportunities from the segment as it accounted for the largest market share in the base year.
  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
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