Water-Soluble Vitamins & Minerals in Feed Market to Grow with a CAGR of 7.13% through 2029
Technological Advancements in Animal Nutrition and increasing Livestock Production is expected to drive Global Water-Soluble Vitamins & Minerals in Feed Market growth in the forecast period, 2025-2029.
According to TechSci Research report, “Water-Soluble
Vitamins & Minerals in Feed Market – Global Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2029”, the Global Water-Soluble
Vitamins & Minerals in Feed Market stood at USD 4.38 billion in 2023 and is
anticipated to grow with a CAGR of 7.13% in the forecast period, 2025-2029. The
awareness among individuals regarding Water-Soluble Vitamins & Minerals in
Feed has led to favorable market conditions for the global Water-Soluble
Vitamins & Minerals in Feed market. Several factors contribute to the
growth of various vitamin supplement products.
There is a growing awareness among farmers and
livestock producers regarding the importance of animal health and nutrition.
Consumers are increasingly concerned about the quality and safety of animal
products, leading to a greater emphasis on the well-being of livestock.
Water-soluble vitamins and minerals are essential components of animal diets,
contributing to the prevention of nutritional deficiencies and related health
issues. This heightened awareness of the role of nutrition in animal health is
driving the demand for feed additives, including water-soluble vitamins and
minerals.
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The growth of the Water-Soluble Vitamins &
Minerals in Feed Market is the rising demand for livestock products worldwide.
As the global population continues to grow, the demand for meat, dairy, and
other animal-based products is also increasing. To meet this demand, farmers
and livestock producers are focusing on enhancing the productivity and health
of their animals. Water-soluble vitamins and minerals play a vital role in
animal nutrition, promoting growth, reproduction, and overall well-being. Therefore,
the increasing emphasis on efficient livestock production is driving the demand
for water-soluble vitamins and minerals in animal feed.
In November 2023, DSM and Firmenich shareholders
overwhelmingly approve the merger, paving the way for the creation of a global
leader in nutrition, beauty, and well-being. This is a major milestone in DSM's
transformation strategy and positions the combined entity for strong future
growth.
Ongoing advancements in animal nutrition research and
technology are driving the development of innovative feed additives.
Manufacturers are continuously working to improve the bioavailability and
efficacy of water-soluble vitamins and minerals in animal feed. The use of
advanced formulations and delivery systems ensures better absorption and
utilization of these nutrients by animals. This technological progress not only
enhances the performance of livestock but also encourages the adoption of
water-soluble vitamins and minerals in feed, contributing to the overall growth
of the market.
In today's fast-paced world, the health of livestock
is paramount. Water-soluble vitamins, such as B-vitamins and vitamin C, and
minerals like zinc and selenium, are essential for various physiological
functions in animals. These nutrients support the immune system, metabolic
processes, and overall vitality. By ensuring that animals receive adequate
water-soluble vitamins and minerals in their feed, farmers can optimize the
health of their livestock, minimizing the risk of diseases and promoting
resilience in challenging environments. The demand for animal products,
including meat and dairy, is continuously increasing in a fast-paced global
market. Water-soluble vitamins and minerals contribute to the growth and
performance of livestock. B-vitamins, for example, are involved in energy
metabolism and protein synthesis, supporting rapid growth in young animals.
Minerals like copper and selenium are essential for muscle development and
overall performance. The inclusion of these additives in feed formulations helps
meet the nutritional requirements of animals, enabling efficient and
accelerated growth.
Governments and regulatory bodies worldwide are
imposing stricter regulations on animal feed ingredients to ensure the safety
and quality of food products derived from animals. Compliance with these
regulations requires the use of high-quality and well-regulated feed additives,
including water-soluble vitamins and minerals. The need to meet these standards
and ensure the health and safety of livestock and consumers is driving the
demand for premium feed additives.
In recent times, Recent advancements in agriculture
emphasize precision nutrition and the customization of animal diets.
Water-soluble vitamins and minerals play a crucial role in these strategies,
allowing farmers to tailor feed formulations to meet the specific nutritional
needs of different livestock species and production stages. This precision
ensures that animals receive the right balance of essential nutrients,
optimizing growth, reproduction, and overall performance. The global concern
over antimicrobial resistance (AMR) has led to increased scrutiny of antibiotic
use in agriculture. Water-soluble vitamins and minerals offer alternative
strategies for promoting animal health without relying solely on antibiotics.
By ensuring that animals receive optimal nutrition, these additives contribute
to a robust immune system and disease resistance, reducing the reliance on
antimicrobial agents in animal husbandry. However, the Cost Constraints and
Affordability may hinder market growth. Moreover, challenges related to Lack of
Awareness and Education and Regulatory Hurdles and Compliance Issues may pose
obstacles to the vitamins market in the near future.
The Global Water-Soluble Vitamins & Minerals in
Feed Market is segmented into vitamins, feedstock, mineral type, regional
distribution, and company.
Based on its vitamins, the Vitamin B Complex segment
has emerged as the predominant market leader, B vitamins play a crucial role in
various metabolic processes in animals, including energy production, nerve
function, and cell growth. They are essential for maintaining optimal health,
growth, and productivity. The B complex is a group of eight individual
vitamins, each with specific functions. This variety ensures that animals
receive a complete spectrum of B vitamins to support their diverse metabolic
needs. B vitamins are required by all animal species, from poultry and swine to
fish and ruminants. This broad demand across different livestock sectors
contributes to the overall market size for B complex vitamins in feed. Animals
have limited capacity to synthesize B vitamins internally, making dietary
supplementation through feed essential. This dependence on external sources
further strengthens the demand for B complex vitamins in the feed market.
Compared to other vitamins, B complex is generally considered cost-effective,
making it a viable option for feed producers and farmers. This affordability
further supports its widespread adoption in animal feed formulations. These
factors are expected to drive the growth of this segment.
Based on region, Asia-Pacific segment is expected to
grow during the forecast period. The region boasts a rapidly growing
population with a rising appetite for animal protein, particularly poultry and
swine. This translates into a massive demand for efficient feed and essential
nutrients like water-soluble vitamins and minerals. Many Asian governments
actively incentivize animal agriculture development, leading to increased
investments in feed production and technological advancements. This fosters a
conducive environment for market growth. Asian feed producers are highly
cost-conscious, which drives the adoption of cost-effective water-soluble
vitamin and mineral blends tailored to specific regional needs. With high
animal density in farms, disease prevention becomes crucial. Water-soluble
vitamins and minerals play a vital role in boosting immune function and
reducing disease outbreaks, contributing to overall profitability.
The Europe market is poised to be the fastest-growing
market, offering lucrative growth opportunities for Water-Soluble Vitamins
& Minerals in Feed players during the forecast period. Factors such as
European consumers and producers prioritize sustainable practices, leading to
the exploration of alternative sources like plant-based minerals and
algae-derived vitamins. This opens new avenues for market growth. Europe is at
the forefront of precision agriculture, incorporating data analysis to optimize
feed formulations and target specific nutrient deficiencies. This personalized
approach drives demand for individual water-soluble vitamins and minerals.
Stringent regulations ensure the safety and efficacy of feed additives,
fostering trust and confidence among consumers and contributing to market
stability.
Major
companies operating in Global Water-Soluble Vitamins & Minerals in
Feed Market are:
- Lonza Group
- Koninklijke DSM N.V.
- Nutreco N.V.
- BASF SE
- Archer Daniels Midlands Company
- Dansk Landbrugs Grovvareselskab
- Neovia Group
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“The Technological Advancements in Animal Nutrition
and increasing Livestock Production are key drivers of the vitamin and
supplement market. In recent years, the growing demand for animal products is
accompanied by an increase in global livestock production. Water-soluble
vitamins and minerals are essential components in feed formulations to support
the nutritional requirements of a larger population of livestock. Moreover, the
growing consumer emphasis on preventative products has enhanced production and marketing
efforts. To meet the demands of the market, manufacturers are increasingly
incorporating cutting-edge technologies with high production efficiency. Rising
consumer acceptance and continuous product innovation will further ensure the
growth of the vitamins and supplements market in the coming years.,” said Mr.
Karan Chechi, Research Director with TechSci Research, a research-based
management consulting firm.
“Water-Soluble Vitamins & Minerals in Feed
Market – Global Industry Size, Share, Trends, Opportunity, & Forecast
2019-2029 Segmented By Vitamins Type (Vitamin B Complex, Vitamin C, Others), By
Minerals Type (Phosphorus, Potassium, Calcium, Magnesium, Sodium, Iron,
Others), By Feedstock (Swine, Poultry, Ruminants, Aquaculture), By Region,
Competition”, has evaluated the future growth potential of Global Water-Soluble
Vitamins & Minerals in Feed Market and provides statistics &
information on market size, structure and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in Global Water-Soluble Vitamins & Minerals in Feed Market.
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