The Asia Pacific Feed Grade Vitamin A Market was worth USD xx billion in 2021 and is projected to grow at a CAGR of xx%, to reach USD xx billion by 2026. Vitamin A has several functions in animal bodies. The functions include growth and development of the body, vision, mucous membranes, reproduction and maintenance of immune system. The deficiency of vitamin A results in stress related disorders, increased susceptibility to infections, stone formation in urinary tracts, night blindness and formation of ulcers.
Some animals such as dog and sheep are capable of converting carotene present in plants into vitamin A with the help of certain enzymes. Cattle, chicks and horses are unable to convert carotene into vitamin A. Hence, they are needed to have vitamin A content in their feed. Several products which contain feed grade vitamin A are available in the market for this purpose. However, excess consumption of vitamin A can cause toxicity issues.
Increasing demand for meat and its related products has resulted in the increase in the population of cattle and poultries. This in turn increased the demand for feed grade vitamin A products. Thriving trend of raising companion animals, increasing occurrence of animal infections and innovations in animal feed products are propelling the market growth. However, lack of awareness among the farmers regarding the supplements and less market penetration of these products are hindering the market growth.
Asia Pacific Feed Grade Vitamin A Market – By Product:
Low Purity Feed Grade Vitamin A
Asia Pacific Feed Grade Vitamin A Market – By End Users:
Livestock farms hold the largest market share in end user segment. It is due to the increasing demand for healthy and nutritional feed for farm animals. Due to the increasing trend of raising companion animals, pet stores segment for feed grade vitamin A is rapidly growing.
Geographical Analysis:
On the basis of region, the Asia Pacific Feed Grade Vitamin A market is categorized into China, India, Japan, Australia and South Korea. China leads the market in this region as it is the second largest livestock producer in the world. Though India is the world’s largest livestock producer, due to the lack of awareness and less market penetration, it is next to China in Feed grade vitamin A market.
Key Players:
Some of the major players in Feed Grade Vitamin A market are BASF, Zhejiang NHU, Kingdomway, Adisseo, Zhejiang Medicine and DSM.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Product
5.1.1 Introduction
5.1.2 Low Purity Feed Grade Vitamin A
5.1.3 High Purity Feed Grade Vitamin A
5.1.4 Y-o-Y Growth Analysis, By Product
5.1.5 Market Attractiveness Analysis, By Product
5.1.6 Market Share Analysis, By Product
5.2 End Users
5.2.1 Introduction
5.2.2 Livestock Farm
5.2.3 Households
5.2.4 Pet stores
5.2.5 Others
5.2.6 Y-o-Y Growth Analysis, By End Users
5.2.7 Market Attractiveness Analysis, By End Users
5.2.8 Market Share Analysis, By End Users
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Product
6.1.3.3 By End Users
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Product
6.1.4.3 By End Users
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Product
6.1.5.3 By End Users
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Zhejiang NHU
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 BASF
8.3 Kingdomway
8.4 Adisseo
8.5 Zhejiang Medicine
8.6 DSM
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
