Press release
Water-Soluble Vitamin And Mineral Feed Supplements Global Market Worth $9.81 Billion By 2028 Rapid Growth Predicted CAGR of 12.9% | Alltech Inc., Nutreco NV, Neovia Group, InVivo NSA, BASF SE
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033
The Business Research Company offers in-depth market insights through Water Soluble Vitamin And Mineral Feed Supplements Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The water-soluble vitamin and mineral feed supplements market size has grown rapidly in recent years. It will grow from $5.3 billion in 2023 to $6.05 billion in 2024 at a compound annual growth rate (CAGR) of 14.1%. The growth in the historic period can be attributed to focus on animal nutrition and welfare, rise in intensive farming practices, globalization of animal husbandry practices, awareness of nutritional deficiencies, efforts to improve feed conversion ratios.
The water-soluble vitamin and mineral feed supplements market size is expected to see rapid growth in the next few years. It will grow to $9.81 billion in 2028 at a compound annual growth rate (CAGR) of 12.9%. The growth in the forecast period can be attributed to demand for sustainable animal farming, global efforts for animal disease prevention, enhanced formulation for monogastric animals, focus on animal well-being and stress reduction, development of fortified functional feeds. Major trends in the forecast period include innovation in delivery methods, immune-boosting ingredients, nanotechnology in feed supplements, technology-driven feed management systems, formulation for monogastric animals.
Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=10308&type=smp
Market Segmentation:
The water-soluble vitamin and mineral feed supplements market covered in this report is segmented -
1) By Vitamin Type: Vitamin B1, Vitamin B2, Vitamin B3, Vitamin B5, Vitamin B6, Vitamin B9, Vitamin C, Other Vitamin Types
2) By Mineral Type: Potassium, Calcium, Phosphorus, Magnesium, Sodium, Iron, Zinc, Copper, Manganese, Other Mineral Types
3) By Application: Poultry, Swine, Ruminants, Aquaculture, Other Applications
Major Driver - Rising Livestock Population Boosts Growth In The Water-Soluble Vitamin And Mineral Feed Supplements Market
The increasing livestock population is expected to propel the growth of the water-soluble vitamin and mineral feed supplements market going forward. Livestock refers to animals that are kept or raised for various purposes, such as use, pleasure, or profit, particularly those that are raised on farms. An agricultural producer breeds and raises livestock, which encompasses cattle, hogs, horses, poultry, sheep, and small animals. Livestock can be provided with water-soluble vitamin and mineral feed for their nutritional requirements including promoting healthy bone development and maintaining reproductive efficiency. For instance, in March 2023, according to Eurostat, the Luxembourg-based statistical office, between November and December 2022, Italy's pig population rose by 330,000 heads, which represents a 4% increase compared to the same period in 2021. Similarly, Sweden's pig population increased by 50,000 heads, or 3% compared to the same period in 2021. Overall, in May 2022, the European Union had a significant livestock population, with an estimated 142 million pigs, 76 million cattle, 60 million sheep, and 11 million goats. Therefore, the increasing livestock population is driving the growth of the water-soluble vitamin and mineral feed supplements market going forward.
Competitive Landscape:
Major companies operating in the water-soluble vitamin and mineral feed supplements market report are Alltech Inc., Nutreco NV, Koninklijke DSM NV, Neovia Group, InVivo NSA, BASF SE, Archer Daniels Midland Company, Kemin Industries Inc., Bluestar Adisseo Co., Lonza Group AG, Bayer AG, Blackmores Limited, China National Chemical Corporation, Sanofi S.A., Bee Health Limited, DLG Group, Cargill Incorporated, Novus International Inc., Bioiberica S.A.U., Pancosma S.A., Zinpro Corporation, QualiTech Corporation, Nutriad International NV, VDS Pharma Animal Health B.V., Lallemand Animal Nutrition, Provimi Holding B.V., Biomin Holding GmbH, Trouw Nutrition International B.V., WelBloom Biotech Co.
Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/water-soluble-vitamin-and-mineral-feed-supplements-global-market-report
Top Trend - Product Advances For Livestock Wellness
Product innovations are a key trend gaining popularity in the water-soluble vitamin and mineral feed supplements market. Major companies operating in the water-soluble vitamin and mineral feed supplements market are launching innovative mineral feed supplements to sustain their position in the market. For instance, in October 2021, Boehringer Ingelheim International GmbH, a Germany-based pharma company, launched Bovikalc Dry, an oral mineral supplement that enhances the comfort and well-being of dairy cows during the crucial dry off period of 45 to 60 days before the delivery of the next calf. This product is the first of its kind to be introduced to the US market and effectively reduces milk production in cows during the dry off phase, which prevents milk accumulation and udder swelling, ensuring a more comfortable dry-off experience. Bovikalc Dry is an ideal complement to BOVIKALC, an oral calcium supplement that has been a part of Boehringer Ingelheim's product range for many years.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Water Soluble Vitamin And Mineral Feed Supplements Market Characteristics
3. Water Soluble Vitamin And Mineral Feed Supplements Market Trends And Strategies
4. Water Soluble Vitamin And Mineral Feed Supplements Market - Macro Economic Scenario
5. Water Soluble Vitamin And Mineral Feed Supplements Market Size And Growth
…..
27. Water Soluble Vitamin And Mineral Feed Supplements Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
The Business Research Company offers in-depth market insights through Water Soluble Vitamin And Mineral Feed Supplements Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The water-soluble vitamin and mineral feed supplements market size has grown rapidly in recent years. It will grow from $5.3 billion in 2023 to $6.05 billion in 2024 at a compound annual growth rate (CAGR) of 14.1%. The growth in the historic period can be attributed to focus on animal nutrition and welfare, rise in intensive farming practices, globalization of animal husbandry practices, awareness of nutritional deficiencies, efforts to improve feed conversion ratios.
The water-soluble vitamin and mineral feed supplements market size is expected to see rapid growth in the next few years. It will grow to $9.81 billion in 2028 at a compound annual growth rate (CAGR) of 12.9%. The growth in the forecast period can be attributed to demand for sustainable animal farming, global efforts for animal disease prevention, enhanced formulation for monogastric animals, focus on animal well-being and stress reduction, development of fortified functional feeds. Major trends in the forecast period include innovation in delivery methods, immune-boosting ingredients, nanotechnology in feed supplements, technology-driven feed management systems, formulation for monogastric animals.
Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=10308&type=smp
Market Segmentation:
The water-soluble vitamin and mineral feed supplements market covered in this report is segmented -
1) By Vitamin Type: Vitamin B1, Vitamin B2, Vitamin B3, Vitamin B5, Vitamin B6, Vitamin B9, Vitamin C, Other Vitamin Types
2) By Mineral Type: Potassium, Calcium, Phosphorus, Magnesium, Sodium, Iron, Zinc, Copper, Manganese, Other Mineral Types
3) By Application: Poultry, Swine, Ruminants, Aquaculture, Other Applications
Major Driver - Rising Livestock Population Boosts Growth In The Water-Soluble Vitamin And Mineral Feed Supplements Market
The increasing livestock population is expected to propel the growth of the water-soluble vitamin and mineral feed supplements market going forward. Livestock refers to animals that are kept or raised for various purposes, such as use, pleasure, or profit, particularly those that are raised on farms. An agricultural producer breeds and raises livestock, which encompasses cattle, hogs, horses, poultry, sheep, and small animals. Livestock can be provided with water-soluble vitamin and mineral feed for their nutritional requirements including promoting healthy bone development and maintaining reproductive efficiency. For instance, in March 2023, according to Eurostat, the Luxembourg-based statistical office, between November and December 2022, Italy's pig population rose by 330,000 heads, which represents a 4% increase compared to the same period in 2021. Similarly, Sweden's pig population increased by 50,000 heads, or 3% compared to the same period in 2021. Overall, in May 2022, the European Union had a significant livestock population, with an estimated 142 million pigs, 76 million cattle, 60 million sheep, and 11 million goats. Therefore, the increasing livestock population is driving the growth of the water-soluble vitamin and mineral feed supplements market going forward.
Competitive Landscape:
Major companies operating in the water-soluble vitamin and mineral feed supplements market report are Alltech Inc., Nutreco NV, Koninklijke DSM NV, Neovia Group, InVivo NSA, BASF SE, Archer Daniels Midland Company, Kemin Industries Inc., Bluestar Adisseo Co., Lonza Group AG, Bayer AG, Blackmores Limited, China National Chemical Corporation, Sanofi S.A., Bee Health Limited, DLG Group, Cargill Incorporated, Novus International Inc., Bioiberica S.A.U., Pancosma S.A., Zinpro Corporation, QualiTech Corporation, Nutriad International NV, VDS Pharma Animal Health B.V., Lallemand Animal Nutrition, Provimi Holding B.V., Biomin Holding GmbH, Trouw Nutrition International B.V., WelBloom Biotech Co.
Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/water-soluble-vitamin-and-mineral-feed-supplements-global-market-report
Top Trend - Product Advances For Livestock Wellness
Product innovations are a key trend gaining popularity in the water-soluble vitamin and mineral feed supplements market. Major companies operating in the water-soluble vitamin and mineral feed supplements market are launching innovative mineral feed supplements to sustain their position in the market. For instance, in October 2021, Boehringer Ingelheim International GmbH, a Germany-based pharma company, launched Bovikalc Dry, an oral mineral supplement that enhances the comfort and well-being of dairy cows during the crucial dry off period of 45 to 60 days before the delivery of the next calf. This product is the first of its kind to be introduced to the US market and effectively reduces milk production in cows during the dry off phase, which prevents milk accumulation and udder swelling, ensuring a more comfortable dry-off experience. Bovikalc Dry is an ideal complement to BOVIKALC, an oral calcium supplement that has been a part of Boehringer Ingelheim's product range for many years.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Water Soluble Vitamin And Mineral Feed Supplements Market Characteristics
3. Water Soluble Vitamin And Mineral Feed Supplements Market Trends And Strategies
4. Water Soluble Vitamin And Mineral Feed Supplements Market - Macro Economic Scenario
5. Water Soluble Vitamin And Mineral Feed Supplements Market Size And Growth
…..
27. Water Soluble Vitamin And Mineral Feed Supplements Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
