Comprehensive Analysis of the Water-Soluble Vitamin And Mineral Feed Supplements Market 2025-2034: Growth Rates, Trends, and Future Opportunities
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How has the water-soluble vitamin and mineral feed supplements market grown over the years?
The market for water-soluble vitamins and minerals supplements in animal feed has expanded quickly in the last few years. It’s predicted to increase from $5.98 billion in 2024 to $6.81 billion in 2025, with a compound annual growth rate (CAGR) of 13.8%. This dramatic growth in the historical period is linked to factors such as emphasis on animal nutritional needs and welfare, increases in intensive farming methods, the global adaptation of animal husbandry practices, understanding of nutritional inadequacies, and endeavors to enhance feed conversion ratios.
What Is the forecasted market size and growth rate for the water-soluble vitamin and mineral feed supplements market?
In the coming years, the market size of water-soluble vitamin and mineral feed supplements is anticipated to experience swift expansion, reaching an estimate of “$11.1 billion in 2029 with a compound annual growth rate (CAGR) of 13.0%. This surge in the anticipated period can be credited to the rising demand for environmentally friendly animal farming, worldwide initiatives for the prevention of animal diseases, improved formulations for single-stomach animals, emphasis on animal welfare and stress alleviation, and the establishment of fortified functional feeds. Expected trends in this period are innovative delivery systems, immunity-enhancing components, the use of nanotechnology in feed supplements, tech-backed feed management systems, and formulations specifically for monogastric animals.
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What are the major factors driving growth in the water-soluble vitamin and mineral feed supplements market?
As the number of livestock continues to rise, it is anticipated that this will spur the expansion of the water-soluble vitamin and mineral feed supplements market. Livestock, often reared on farms, includes animals kept for various functions, such as utility, recreation, and profit. These typically encompass cattle, hogs, horses, poultry, sheep, and small creatures. Their nutritional needs can be accommodated by providing them with water-soluble vitamin and mineral feed supplements, supporting healthy bone growth and reproductive efficacy. For instance, Eurostat, the statistical office based in Luxembourg, reported in March 2023 that Italy experienced a surge in its pig population by 330,000 heads — a 4% rise relative to the same span in 2021 — between November and December 2022. Similarly, Sweden’s pig population saw an increase of 50,000 heads, marking a 3% rise compared to the same time in 2021. As of May 2022, the European Union reported a substantial livestock population, with around 142 million pigs, 76 million cattle, 60 million sheep, and 11 million goats. Hence, the burgeoning livestock population is fuelling the growth of the water-soluble vitamin and mineral feed supplements market in the future.
What key areas define the segmentation of the global water-soluble vitamin and mineral feed supplements Market?
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
Subsegments:
1) By Vitamin B1: Thiamine
2) By Vitamin B2: Riboflavin
3) By Vitamin B3: Niacin, Niacinamide
4) By Vitamin B5: Pantothenic Acid
5) By Vitamin B6: Pyridoxine, Pyridoxal, Pyridoxamine
6) By Vitamin B9: Folic Acid, Folate
7) By Vitamin C: Ascorbic Acid
8) By Other Vitamin Types: Biotin, Vitamin B12, Other B-Complex Vitamins
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What are the top market players propelling the growth of the water-soluble vitamin and mineral feed supplements industry?
Major companies operating in the water-soluble vitamin and mineral feed supplements market include 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.
What are the key trends shaping the future of the water-soluble vitamin and mineral feed supplements market?
The increasing trend of product innovation within the market of water-soluble vitamin and mineral feed supplements is noticeable. To maintain their market standing, most companies within this industry are introducing inventive mineral feed supplements. For example, in January 2024, Bimeda, Inc., a veterinary corporation from Ireland, introduced a new product called BOVitalize – an oral vitamin and mineral supplement specifically created for beef and dairy cattle, including bulls and ruminating calves. This product aims to boost current nutritional regimes by supplying crucial trace minerals that are often lacking during stressful periods such as calving, breeding, weaning, and transportation. Selenium, copper, zinc, vitamin A, and vitamin E are the key nutrients in BOVitalize that contribute to cattle’s health and productivity. The supplement, administered as a single 5-milliliter oral dose per 220 pounds of body weight, is offered in both 1-liter and 4-liter jugs for easy use.
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What regions are dominating the water-soluble vitamin and mineral feed supplements market growth?
Asia-Pacific was the largest region in the water-soluble vitamin and mineral feed supplements market in 2024. Middle East is expected to be the fastest-growing region in the global water-soluble vitamins and minerals in feed supplements market during the forecast period. The regions covered in the water-soluble vitamin and mineral feed supplements market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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