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Middle-East And Africa Feed Vitamin Market Size, Share, Trends, Covid-19 Impact & Growth Forecast Report – Segmented By Vitamins Type, Livestock Type, Formulation Type, Function Type, And Country (KSA, UAE, Israel, South Africa, And Ethiopia, Kenya, Egypt, Sudan, Rest of GCC Countries, and Rest of MEA) - Industry Analysis From 2024 to 2029

Published: March, 2023
ID: 544
Pages: 145
Formats: report pdf report excel report power bi report ppt

Middle East and Africa Feed Vitamin Market Size (2024 to 2029)

The Middle East and Africa feed vitamin market is expected to be valued at USD 0.65 billion in 2024 and USD 0.70 billion by 2029 and grow at a CAGR of 1.6% from 2024 to 2029.

The region has observed a boom in consumption of animal feed in the recent past. The Middle East and Africa region is facing a water shortage problem, which has shifted the focus to animal husbandry. Leading players in the market are looking for advanced technologies with water-efficient systems.

The food supplements given to the farm animals are referred to as feed vitamins. They have benefits like they provide vitamins that the animals are unable to take through their daily meals and prevent diseases caused by deficiency of vitamins. For producing feeds, the selection of ingredients is made very precisely in order to attain better health of the livestock and to obtain good end products like meat, egg, and milk.

The expansion of the dairy and poultry industry in the Middle East and Africa is driving the market majorly. Vitamin consumption is essential for livestock, which also fuels the growth of the market. Lack of awareness is a major issue in this region, which hinders the growth of the market.

This research report on the Middle East and Africa feed vitamins market is segmented and sub-segmented into the following categories.

Middle East and Africa Feed Vitamin Market – By Vitamins Type:

  • Vitamin A
  • Vitamin B
  • Vitamin C
  • Vitamin D
  • Vitamin E
  • Vitamin k

Middle East and Africa Feed Vitamin Market – By Livestock Type:

  • Swine
  • Ruminants
  • Poultry
  • Aquatic animals
  • Others

Middle East and Africa Feed Vitamin Market – By Formulation Type:

  • Liquid
  • Dry
  • Powder Pellet
  • And others

Middle East and Africa Feed Vitamin Market – By Function Type:

  • Single Functioned
  • Multi Functioned

Middle East and Africa Feed Vitamin Market – By Country:

  • KSA
  • UAE
  • Israel
  • rest of GCC countries
  • South Africa
  • Ethiopia
  • Kenya
  • Egypt
  • Sudan
  • rest of MEA

Mainly, the feed vitamin market is segmented into types of livestock, including swine, ruminants, poultry, aquatic animals, and others. They are either single-functioned or multi-functioned. On the basis of formulation, they are divided into liquid, dry, and other (powder, pellet). Poultry is the largest and fastest-growing segment due to the increase in population and, hence, the increase in the demand for meat and eggs.

KEY MARKET PLAYERS:

Some of the major companies dominating the Middle East and Africa market are S.A.S, Aland BASF SE, CSPC Pharmaceutical Group Ltd., Zhejiang Medicine Company Ltd., Pharmative LLC, North China Pharmaceutical Corporation, Archer Daniels Midland Company, Evonik Industries, DSM N.V.

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FAQ's

What is the current size of the Middle East and Africa Feed Vitamin Market?

The current size of the Middle East and Africa Feed Vitamin Market is estimated to be USD 0.65 billion in 2024.

Which country in the Middle East leads in the consumption of feed vitamins?

Israel is a leading consumer of feed vitamins in the Middle East, with a substantial market share attributed to its advanced livestock industry and modern farming practices.

How has the feed vitamin market in South Africa evolved in recent years?

In South Africa, the feed vitamin market has experienced significant growth through the expanding livestock sector, increasing awareness of animal nutrition, and the adoption of improved feed formulations.

What impact has the COVID-19 pandemic had on the Middle East and Africa Feed Vitamin Market?

The pandemic initially caused disruptions, but the Middle East and Africa Feed Vitamin Market has shown resilience, adapting to challenges, and is expected to recover steadily with a focus on animal health and nutrition.

Are there regional variations in the preferred types of vitamins used in livestock feed formulations in North Africa?

The regional variations exist, but commonly used vitamins in North Africa include vitamin A, vitamin D, vitamin E, and various B vitamins, addressing specific nutritional needs in different livestock sectors.

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