Middle East And Africa Water-Soluble Vitamin And Mineral Feed Supplements Market

MEA Water-Soluble Vitamin and Mineral Feed Supplements Market Size (2024 to 2029):

The Middle East and Africa water-soluble vitamin and mineral feed supplements market size is expected to reach USD 0.77 Billion in 2024 and reach USD 1.55 billion by 2029, growing at a CAGR of 15% from 2024 to 2029.

The gaining popularity of the market can be accredited to growing livestock population, increasing consumption of livestock by-products, economic activities, organized livestock farming and increasing consumer cautiousness.

Vitamins and Minerals are crucial for all the livestock as they have an important role in all the life stages. Vitamin and mineral feed supplements ensure that livestock is provided the mandatory amount of vitamins and minerals required for growth and health. They are recognized globally as they enrich the health of livestock thereby enhancing the quality of products gained from them. For example, Ruminant vitamin and mineral feed supplements ensure proper milk-producing capacity and disease prevention.

An increase in the consumption of livestock meat, an increase in the use/consumption of by-products from livestock, a growing population, and increasing consumer awareness are the major factors accountable for the growth of the market. Nevertheless, the low adoption rate and the high cost of raw materials mandatory for the manufacture of vitamins and mineral supplements are the factors responsible for slowing down the growth of the market. Moreover, technological advancements in the synthesis of these supplements provide the growing potential for the market.

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

Middle East and Africa Water-Soluble Vitamin and Mineral Feed Supplements Market – By Vitamin Type:

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

Middle East and Africa Water-Soluble Vitamin and Mineral Feed Supplements Market – By Mineral Type:

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

Middle East and Africa Water-Soluble Vitamin and Mineral Feed Supplements Market – By Livestock:

• Poultry
• Swine
• Ruminant
• Aquaculture
• other livestock

Middle East and Africa Water-Soluble Vitamin and Mineral Feed Supplements Market – By Country:

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

Based on the geographical analysis, the market is characterized by regions of the Middle East and Africa. 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. Middle East is holding the largest share in the market accounting to its huge population and is also the fastest growing market.

KEY MARKET PLAYERS:

Some of the key companies dominating 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.