Europe Feed Grade Vitamin A Market

Europe Feed Grade Vitamin A Market Size, Growth, Trends and Forecast:

The Europe 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.

Europe Feed Grade Vitamin A Market Segmentation:

Europe Feed Grade Vitamin A Market – By Product:

• Low Purity Feed Grade Vitamin A

• High Purity Feed Grade Vitamin A

Europe Feed Grade Vitamin A Market – By End Users:

• Livestock Farm
• Households
• Pet stores
• others

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 Europe Feed Grade Vitamin A market is categorized into U.K, Germany, France, Spain and Italy. Germany leads the food grade vitamin A market due to the high livestock population in this country. Also, European Union account for significant market share for feed grade vitamin A.

Key Players:

Some of the major players in Feed Grade Vitamin A market are BASF, Zhejiang NHU, Kingdomway, Adisseo, Zhejiang Medicine and DSM.