Feed Vitamins Market Size

The feed vitamins market is a significant segment within the feed additives industry, essential for animal growth, disease prevention, and bone development. The market's expansion is driven by increasing awareness of feed additives and the rising demand for commercial meat and dairy farming. The Asia-Pacific region leads in market share due to higher penetration rates and animal populations, with North America and Europe also holding substantial shares. Despite previous stagnation due to diseases and the pandemic, the market is poised for growth, supported by the cultivation of poultry and ruminants and the expansion of production facilities globally.

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Market Size of feed vitamins Industry

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Feed Vitamins Market Summary
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https://s3.mordorintelligence.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2017 - 2029
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2024) USD 1.85 Billion
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2029) USD 2.29 Billion
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by Sub Additive Vitamin E
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2024 - 2029) 4.34 %
https://s3.mordorintelligence.com/globe/1629285706162_test~globe_globe.svg Largest Share by Region Asia-Pacific

Major Players
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*Disclaimer: Major Players sorted in no particular order

Key Players

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Feed Vitamins Market Analysis

The Feed Vitamins Market size is estimated at 1.85 billion USD in 2024, and is expected to reach 2.29 billion USD by 2029, growing at a CAGR of 4.34% during the forecast period (2024-2029).

1.85 Billion

Market Size in 2024 (USD)

2.29 Billion

Market Size in 2029 (USD)

4.65 %

CAGR (2017-2023)

4.34 %

CAGR (2024-2029)

Largest Market by Sub-Additive

29.20 %

value share, Vitamin E, 2023

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Vitamin E has the largest market share because of its significance in poultry bird products due to the higher usage of vitamin E for egg fertility and production.

Largest Market by Region

32.03 %

value share, Asia-Pacific, 2023

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The highest share of Asia-Pacific in the market was due to the higher adoption rates of feed additives, including vitamins, and the higher livestock farming in the region.

Fastest-growing Market by Sub-Additive

4.44 %

Projected CAGR, Vitamin E, 2024-2029

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Vitamin E is the fastest growing as it helps in the function of phagocytic cells, boosts resistance to infection and reduces oxidative and heat stress.

Fastest-growing Market by Region

5.25 %

Projected CAGR, North America, 2024-2029

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North America is the fastest-growing due to the rising demand for poultry and beef meat, higher adoption rate, and increasing awareness of good-quality nutritious animal feed.

Leading Market Player

14.52 %

market share, DSM Nutritional Products AG, 2022

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DSM Nutritional Products AG is the market leader as it has partnered with Nenter &Co. to increase the production of vitamins and acquire Biomin Holdings.

  • Feed vitamins are a crucial element in animal feed, aiding in animal growth, preventing diseases, and promoting bone development. In 2022, feed vitamins accounted for 5.2% of the global feed additives market, reflecting their importance in maintaining animal health.
  • The Asia-Pacific region dominated the global feed vitamins market, accounting for 32% of the market in 2022, followed by North America and Europe, which accounted for 25.6% and 23%, respectively. The high market share of Asia-Pacific was attributed to the higher penetration rates of feed additives and animal populations in the region. North America and Europe also have a high share due to the high animal population and investments by companies in the regions.
  • Vitamin E was the most consumed feed vitamin, estimated to account for USD 497.9 million in 2022, followed by vitamins B and A. Vitamin E had a higher market share due to its significance in poultry bird feed, where it is used to enhance egg fertility and production. Poultry birds were the largest consumers of feed vitamins, accounting for 45% of the global feed vitamins market in 2022 due to their importance in growth and productivity.
  • During the forecast period, vitamins E and C are projected to grow faster than other vitamins, with a CAGR of 4.4% each, followed by vitamin B, with a CAGR of 4.3%. This growth can be attributed to the increasing cultivation of poultry and ruminants globally for the production of poultry meat, beef meat, and dairy products.
  • The rising awareness of the importance of feed additives and the growing demand for commercial farming of meat and dairy products are expected to be key factors driving the global feed vitamins market, with a projected CAGR of 4.3% during the forecast period.
Global Feed Vitamins Market
  • The global feed vitamins market is an important sector within the feed additives industry, as it plays a crucial role in the growth and development of animals, as well as in preventing diseases such as rickets and osteomalacia. In 2022, the feed vitamins market accounted for 5.2% of the global feed additives market.
  • As of 2022, the Asia-Pacific region dominated the global feed vitamins market with a market value of USD 546.6 million. This is attributed to the higher penetration rate and higher feed production, with 0.5 billion metric tons produced in 2022. China is the major player in the Asia-Pacific market, accounting for 44.3% of the market share. Population and economic growth and increasing demand for livestock products are driving the market growth.​
  • The United States is currently the largest and fastest-growing country in the feed vitamins market, and it registered a market share of 17.9% in 2022. The country's extensive commercial animal cultivation and innovative production procedures have contributed to its success. Thailand, Japan, and the United Kingdom are emerging as the fastest-growing countries, with estimated CAGRs of 5.1%, 5.1%, and 4.8%, respectively, during the forecast period. Livestock production is growing rapidly in these countries, contributing to their growth.​
  • The market did not witness high growth from 2018 to 2021 due to factors such as the occurrence of diseases such as African swine fever and the COVID-19 pandemic, which reduced the demand for feed vitamins. However, an increase in the usage of additives, commercial animal cultivation due to growing demand for meat and dairy products, and the expansion of companies to new geographies for vitamin production are expected to drive the market at a CAGR of 4.3% during the forecast period.​

Feed Vitamins Industry Segmentation

Vitamin A, Vitamin B, Vitamin C, Vitamin E are covered as segments by Sub Additive. Aquaculture, Poultry, Ruminants, Swine are covered as segments by Animal. Africa, Asia-Pacific, Europe, Middle East, North America, South America are covered as segments by Region.

  • Feed vitamins are a crucial element in animal feed, aiding in animal growth, preventing diseases, and promoting bone development. In 2022, feed vitamins accounted for 5.2% of the global feed additives market, reflecting their importance in maintaining animal health.
  • The Asia-Pacific region dominated the global feed vitamins market, accounting for 32% of the market in 2022, followed by North America and Europe, which accounted for 25.6% and 23%, respectively. The high market share of Asia-Pacific was attributed to the higher penetration rates of feed additives and animal populations in the region. North America and Europe also have a high share due to the high animal population and investments by companies in the regions.
  • Vitamin E was the most consumed feed vitamin, estimated to account for USD 497.9 million in 2022, followed by vitamins B and A. Vitamin E had a higher market share due to its significance in poultry bird feed, where it is used to enhance egg fertility and production. Poultry birds were the largest consumers of feed vitamins, accounting for 45% of the global feed vitamins market in 2022 due to their importance in growth and productivity.
  • During the forecast period, vitamins E and C are projected to grow faster than other vitamins, with a CAGR of 4.4% each, followed by vitamin B, with a CAGR of 4.3%. This growth can be attributed to the increasing cultivation of poultry and ruminants globally for the production of poultry meat, beef meat, and dairy products.
  • The rising awareness of the importance of feed additives and the growing demand for commercial farming of meat and dairy products are expected to be key factors driving the global feed vitamins market, with a projected CAGR of 4.3% during the forecast period.
Sub Additive
Vitamin A
Vitamin B
Vitamin C
Vitamin E
Other Vitamins
Animal
Aquaculture
By Sub Animal
Fish
Shrimp
Other Aquaculture Species
Poultry
By Sub Animal
Broiler
Layer
Other Poultry Birds
Ruminants
By Sub Animal
Beef Cattle
Dairy Cattle
Other Ruminants
Swine
Other Animals
Region
Africa
By Country
Egypt
Kenya
South Africa
Rest of Africa
Asia-Pacific
By Country
Australia
China
India
Indonesia
Japan
Philippines
South Korea
Thailand
Vietnam
Rest of Asia-Pacific
Europe
By Country
France
Germany
Italy
Netherlands
Russia
Spain
Turkey
United Kingdom
Rest of Europe
Middle East
By Country
Iran
Saudi Arabia
Rest of Middle East
North America
By Country
Canada
Mexico
United States
Rest of North America
South America
By Country
Argentina
Brazil
Chile
Rest of South America
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Feed Vitamins Market Size Summary

The Feed Vitamins Market is a vital segment within the broader feed additives industry, playing a significant role in animal health by supporting growth, disease prevention, and bone development. The market is characterized by its substantial contribution to the global feed additives sector, with a notable presence in regions such as Asia-Pacific, North America, and Europe. Asia-Pacific leads the market, driven by high animal populations and the extensive use of feed additives, particularly in countries like China. North America and Europe also maintain significant market shares due to their robust animal populations and strategic investments by key industry players. The demand for feed vitamins is primarily fueled by the poultry sector, which represents a large portion of the market due to the essential role of vitamins in enhancing poultry productivity and health.

The market is expected to experience steady growth over the forecast period, supported by increasing global demand for meat and dairy products, as well as the expansion of commercial farming practices. Vitamins E and C are anticipated to witness faster growth rates, reflecting their critical importance in poultry and ruminant nutrition. The expansion of aquaculture and the rising consumption of fish feed further contribute to the market's growth trajectory. The industry is moderately consolidated, with major companies like Adisseo, Archer Daniel Midland Co., Brenntag SE, DSM Nutritional Products AG, and Lonza Group Ltd. leading the market. Strategic investments and acquisitions, such as DSM's acquisition of Prodap and BASF's investment in a vitamin A plant, underscore the ongoing efforts to enhance production capabilities and meet the growing demand for feed vitamins globally.

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Feed Vitamins Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)

    1. 1.1 Sub Additive

      1. 1.1.1 Vitamin A

      2. 1.1.2 Vitamin B

      3. 1.1.3 Vitamin C

      4. 1.1.4 Vitamin E

      5. 1.1.5 Other Vitamins

    2. 1.2 Animal

      1. 1.2.1 Aquaculture

        1. 1.2.1.1 By Sub Animal

          1. 1.2.1.1.1 Fish

          2. 1.2.1.1.2 Shrimp

          3. 1.2.1.1.3 Other Aquaculture Species

      2. 1.2.2 Poultry

        1. 1.2.2.1 By Sub Animal

          1. 1.2.2.1.1 Broiler

          2. 1.2.2.1.2 Layer

          3. 1.2.2.1.3 Other Poultry Birds

      3. 1.2.3 Ruminants

        1. 1.2.3.1 By Sub Animal

          1. 1.2.3.1.1 Beef Cattle

          2. 1.2.3.1.2 Dairy Cattle

          3. 1.2.3.1.3 Other Ruminants

      4. 1.2.4 Swine

      5. 1.2.5 Other Animals

    3. 1.3 Region

      1. 1.3.1 Africa

        1. 1.3.1.1 By Country

          1. 1.3.1.1.1 Egypt

          2. 1.3.1.1.2 Kenya

          3. 1.3.1.1.3 South Africa

          4. 1.3.1.1.4 Rest of Africa

      2. 1.3.2 Asia-Pacific

        1. 1.3.2.1 By Country

          1. 1.3.2.1.1 Australia

          2. 1.3.2.1.2 China

          3. 1.3.2.1.3 India

          4. 1.3.2.1.4 Indonesia

          5. 1.3.2.1.5 Japan

          6. 1.3.2.1.6 Philippines

          7. 1.3.2.1.7 South Korea

          8. 1.3.2.1.8 Thailand

          9. 1.3.2.1.9 Vietnam

          10. 1.3.2.1.10 Rest of Asia-Pacific

      3. 1.3.3 Europe

        1. 1.3.3.1 By Country

          1. 1.3.3.1.1 France

          2. 1.3.3.1.2 Germany

          3. 1.3.3.1.3 Italy

          4. 1.3.3.1.4 Netherlands

          5. 1.3.3.1.5 Russia

          6. 1.3.3.1.6 Spain

          7. 1.3.3.1.7 Turkey

          8. 1.3.3.1.8 United Kingdom

          9. 1.3.3.1.9 Rest of Europe

      4. 1.3.4 Middle East

        1. 1.3.4.1 By Country

          1. 1.3.4.1.1 Iran

          2. 1.3.4.1.2 Saudi Arabia

          3. 1.3.4.1.3 Rest of Middle East

      5. 1.3.5 North America

        1. 1.3.5.1 By Country

          1. 1.3.5.1.1 Canada

          2. 1.3.5.1.2 Mexico

          3. 1.3.5.1.3 United States

          4. 1.3.5.1.4 Rest of North America

      6. 1.3.6 South America

        1. 1.3.6.1 By Country

          1. 1.3.6.1.1 Argentina

          2. 1.3.6.1.2 Brazil

          3. 1.3.6.1.3 Chile

          4. 1.3.6.1.4 Rest of South America

Feed Vitamins Market Size FAQs

The Global Feed Vitamins Market size is expected to reach USD 1.85 billion in 2024 and grow at a CAGR of 4.34% to reach USD 2.29 billion by 2029.

In 2024, the Global Feed Vitamins Market size is expected to reach USD 1.85 billion.

Feed Vitamin Market Report Snapshots

Feed Vitamins Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029