North America Water-Soluble Vitamin And Mineral Feed Supplements Market Size, Share, Growth, Trends, And Forecasts, Segmented By Vitamin Type, Mineral Type, Livestock, And By Region (The USA, Canada, Mexico And Rest of North America), Industry Analysis From (2025 to 2033)

Updated On: June, 2024
ID: 3151
Pages: 145

North America Water-Soluble Vitamin Feed Supplements Market Size

The North American water-soluble vitamin feed supplements market was valued at USD 2.56 billion in 2024 and is anticipated to reach USD 2.71 billion in 2025 from USD 4.25 billion by 2033, estimated to be growing at a CAGR of 5.8% during the forecast period from 2025 to 2033.

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

Vitamins and Minerals make up some of the most important body functions in any living being. Lack or deficiency of these components causes these functions to ease, which may prove to be fatal or cause serious illness. Livestock contributes to food production through its products or services. To ensure their health, they must be supplied adequate amount of vitamins and minerals to carry out these body functions. Vitamin and Mineral Feed supplements ensure an adequate mineral and vitamin supply in their feed.

MARKET DRIVERS AND RESTRAINTS

The primary factors that accounted for the growth of the market are an increase in the daily intake of livestock meat, an increase in the use/consumption of by-products from livestock, an increasing population, and increasing consumer awareness. Conversely, the low adoption rate and the high cost of raw materials required for the fabrication of vitamins and mineral supplements are restraining the market from growing. Also, technological advancements in the synthesis of these supplements provide the growing potential for the market.

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2024 to 2033

Base Year

2024

Forecast Period

2025 to 2033

CAGR

5.8%

Segments Covered

By Vitamin Type, Mineral Type, Livestock, and By Country

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

The US, Canada, and Country

Market Leaders Profiled

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.

 

COUNTRY ANALYSIS

Based on geographical analysis, the market is segmented into regions of Canada and the United States of America. 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 are most widely used in the mineral feed supplement market, as it is an essential component of enzymes. The United States holds the largest share of the market due to its huge population, and Canada is the fastest-growing market.

KEY MARKET PLAYERS

Some of the key firms occupying 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, and  InVivo Group.

MARKET SEGMENTATION

This research report on the North American water-soluble vitamin 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
  • and other sources

By Livestock

  • Poultry
  • Swine
  • Ruminant
  • Aquaculture
  • other livestock

By Country

  • The USA
  • Canada
  • Mexico
  • Rest of North America

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