Quick Summary:
In a rapidly evolving industry such as Water-Soluble Vitamin and Mineral Feed Supplements, staying ahead of the curve necessitates access to comprehensive, real-time market insight. Our uniquely specialized global report offers analysis that will help guide strategic decisions and foster confidence in the decision-making process.
This report delves into projected market growth, estimated at a value of US$7.9 Billion by 2030, and specific segment analyses, such as Vitamin B3's forecasted growth to the tune of US$2.5 Billion. It comprehensively overviews the market in powerhouse economies like the U.S and China, along with key markets in Japan, Canada, and Europe. Furthermore, it includes competitive analysis of leading players in this market, including Alltech Inc., Archer Daniels Midland Company, and Royal DSM N.V. Armed with these valuable insights, leaders can confidently navigate opportunities and challenges in this dynamic market.
Global Water-Soluble Vitamin and Mineral Feed Supplements Market to Reach $7.9 Billion by 2030
The global market for Water-Soluble Vitamin and Mineral Feed Supplements estimated at US$4.2 Billion in the year 2022, is projected to reach a revised size of US$7.9 Billion by 2030, growing at a CAGR of 8.2% over the analysis period 2022-2030. Vitamin B3, one of the segments analyzed in the report, is projected to record 8.9% CAGR and reach US$2.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Vitamin B1 segment is readjusted to a revised 8.1% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 7.7% CAGR
The Water-Soluble Vitamin and Mineral Feed Supplements market in the U.S. is estimated at US$1.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.4 Billion by the year 2030 trailing a CAGR of 7.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.9% and 6.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.5% CAGR.Select Competitors (Total 13 Featured) -
- Alltech, Inc.
- Archer Daniels Midland Company
- BASF SE
- Bluestar Adisseo Co.
- DLG Group
- Invivo NSA
- Kemin Industries, Inc.
- Lonza Group
- Nutreco N.V.
- Royal DSM N.V.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Water-Soluble Vitamin and Mineral Feed Supplements?
What is the growth rate of the Global Market for Water-Soluble Vitamin and Mineral Feed Supplements?
What is the forecasted size of the Global Market for Water-Soluble Vitamin and Mineral Feed Supplements?
Who are the key companies in the Global Market for Water-Soluble Vitamin and Mineral Feed Supplements?
| Report Attribute | Details |
|---|---|
| No. of Pages | 79 |
| Published | September 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 4.2 Billion |
| Forecasted Market Value ( USD | $ 7.9 Billion |
| Compound Annual Growth Rate | 8.2% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Alltech, Inc.
- Archer Daniels Midland Company
- BASF SE
- Bluestar Adisseo Co.
- DLG Group
- Invivo NSA
- Kemin Industries, Inc.
- Lonza Group
- Nutreco N.V.
- Royal DSM N.V.
