Market Size of Middle East Feed Vitamins Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 2.50 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Middle East Feed Vitamin Market Analysis
Middle East Feed Vitamins Market is segmented is projected to grow by 2.5% during the forecast period (2020-2025). The drivers identified in this market are industrialization of the livestock industry, expansion of animal meat market, and changing demographics across the region. Some vitamins have a direct effect without activation necessary, e.g. vitamin E and vitamin C. Pro-vitamins (preliminary stage, e.g. vitamin D) can be converted into active forms by the animal itself. The vitamins are mostly provided to poultry and ruminants for the development of their better nutritional profile in the middle east.
Middle East Feed Vitamin Industry Segmentation
Vitamins are supplements included in the animal feeds in small amounts for the overall growth, well-being, and performance of the livestock. Deficiency of vitamins can be adverse to the health of the animals and will also lead to a wide range of diseases. Vitamin supplements are considered necessary in animal feeds for all kinds of livestock, and this has traditionally fuelled the animal feed vitamin market. The scope of this report is limited to vitamins supplied to animals in the form of feed additives and vitamins supplied externally, in the form of premixes are not part of the report scope.
| Type | |
| Vitamin A | |
| Vitamin B | |
| Vitamin C | |
| Vitamin E | |
| Other Vitamins |
| Animal Type | |
| Ruminants | |
| Poultry | |
| Swine | |
| Aquaculture | |
| Other Animal Types |
| Geography | |
| Saudi Arabia | |
| Egypt | |
| United Arab Emirates | |
| Turkey | |
| Jordan | |
| Rest of Middle East |
Middle East Feed Vitamins Market Size Summary
The Middle East feed vitamins market is experiencing growth driven by the industrialization of the livestock industry, the expansion of the animal meat market, and changing demographics in the region. Feed vitamins play a crucial role in enhancing the nutritional profile of poultry and ruminants, which are essential for the sustainable production of safe and affordable animal proteins. The region's meat-driven economies, with countries like Egypt, Turkey, and Jordan as key producers, rely heavily on feed vitamins to ensure healthy animal growth and improved meat quality. The demand for feed vitamins is further fueled by the increasing number of poultry and the rising demand for cattle meat, making feed a significant cost factor for livestock farmers.
Saudi Arabia leads the Middle Eastern feed vitamins market, followed by Turkey, the United Arab Emirates, and other countries. The market is characterized by the inclusion of essential vitamins such as A, D, E, K, and B in livestock diets, supported by the availability of agricultural products like maize and soybean meal. Despite challenges like environmental inspections and regulatory disruptions, companies are strategically investing in product development and collaborations to enhance their market presence. Major players such as BASF SE, Adisseo, DSM, Biomin, and ADM Animal Nutrition are actively working to increase their market shares and strengthen research and development activities, contributing to the market's growth and stability.
Middle East Feed Vitamins Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porter's Five Forces Framework
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Consumers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION
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2.1 Type
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2.1.1 Vitamin A
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2.1.2 Vitamin B
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2.1.3 Vitamin C
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2.1.4 Vitamin E
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2.1.5 Other Vitamins
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2.2 Animal Type
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2.2.1 Ruminants
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2.2.2 Poultry
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2.2.3 Swine
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2.2.4 Aquaculture
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2.2.5 Other Animal Types
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2.3 Geography
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2.3.1 Saudi Arabia
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2.3.2 Egypt
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2.3.3 United Arab Emirates
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2.3.4 Turkey
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2.3.5 Jordan
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2.3.6 Rest of Middle East
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Middle East Feed Vitamins Market Size FAQs
What is the current Middle East Feed Vitamins Market size?
The Middle East Feed Vitamins Market is projected to register a CAGR of 2.5% during the forecast period (2024-2029)
Who are the key players in Middle East Feed Vitamins Market?
Adisseo, BASF SE, DSM , Biomin and ADM Animal Nutrition are the major companies operating in the Middle East Feed Vitamins Market.
