Asia Pacific Water-Soluble Vitamin And Mineral Feed Supplements Market By Vitamin Type, Mineral Type, Livestock, And By Region (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore and Rest of APAC) – Analysis From (2025 to 2033)

Updated On: June, 2024
ID: 3153
Pages: 145

Asia Pacific Water-Soluble Vitamin and Mineral Feed Supplements Market Size

The Asia Pacific Water-Soluble Vitamin and Mineral Feed Supplements Market was valued at USD 3.91 billion in 2024 and is anticipated to reach USD 4.13 billion in 2025 from USD 6.33 billion by 2033, growing at a CAGR of 5.5%, from 2025 to 2033.

The gaining reputation of the market can be accounted to increasing livestock population, increasing consumption of livestock by-products, economic activities, organized livestock farming and increasing consumer awareness.

Improper or unbalanced diet leads to unhealthy livestock. Vitamins and Minerals are vital components of the feed as they play major roles in many life stages and body functions. Deficiency of minerals or vitamins causes dysfunctions/bad health and sometimes may be fatal. To overcome this, Vitamin and Mineral Feed Supplements are used to ensure an adequate supply of vitamins and minerals in the feed and, in turn, ensure the health of the animals.

Market Drivers

Major driving forces of the market are an increase in demand for livestock meat, an increase in the use/consumption of by-products from livestock, an increasing population, and increasing consumer awareness. However, the low adoption rate and the high cost of raw materials required for the manufacture of vitamins and mineral supplements are restricting the market growth. In addition, technological advancements in the synthesis of these supplements provide the growing potential for the market.

COUNTRY ANALYSIS

Based on geological analysis the market is separated into regions of China, Japan, South Korea, India and Australia. Vitamin B3 is the most widely used in the Vitamin Feed supplement market due to its high importance in the life stages of all livestock. Potassium sources is most widely used in Mineral Feed Supplement Market as it is an essential component of enzymes. China holds the largest share of the market owing to its huge population, and India is the fastest-growing market.

KEY MARKET PLAYERS

Some of the key companies leading the market include BASF SE, Alltech, Lonza Group AG, Nutreco N.V., Archer Daniels Midland Company, DLG Group, Royal DSM N.V., Kemin Industries, BlueStar Adisseo, InVivo Group.

 MARKET SEGMENTATION

This research report on the Asia Pacific water-soluble vitamin and mineral feed supplements market is segmented and sub-segmented into the following categories.

By Vitamin Type

  • Vitamin B1
  • Vitamin B2
  • Vitamin B3
  • Vitamin B5
  • Vitamin B6
  • Vitamin B9
  • Vitamin C
  • other Vitamins

By Mineral Type

  • Potassium Sources
  • Calcium Sources
  • Phosphorus Sources
  • Magnesium Sources
  • Sodium Sources
  • Iron Sources
  • Zinc Sources
  • Copper Sources
  • Manganese Sources
  • other sources

By Livestock

  • Poultry
  • Swine
  • Ruminant
  • Aquaculture
  • other livestock

By Country

  • India
  • China
  • Japan
  • South Korea
  • Australia
  • New Zealand
  • Thailand
  • Malaysia
  • Vietnam
  • Philippines
  • Indonesia
  • Singapore
  • Rest of APAC

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