Europe Feed Vitamins market - Growth, Trends And Forecasts (2015-2020)
The European Feed Vitamins market is USD 478.6 million in 2015 and is expected to reach a value USD 522.2 million by 2020 with a CAGR of 1.8%. Vitamins are supplements included in the animal feeds in small amounts for the overall growth, well-being and performance of the livestock. Vitamins are essential nutrients that cannot be synthesized and need to be externally supplied to the animals. Deficiency of vitamins can be adverse to the health of the animals and will also lead to a wide range of diseases. Increase in the demand for quality meat, developing markets, health concerns & disease outbreak in livestock have driven the growth of the market globally. Europe has the second highest market in Feed Vitamins with France leading and a market share of value USD 71.8 million followed by UK and Spain, which are estimated to have the fastest growth.
Vitamin nutrition is considered a dynamic process with emphasis on getting the optimum balance and dosage depending upon various factors like age, health, climate and condition of the livestock. Innovation and research in developing a multi vitamin, all-purpose alternatives has been pushed to the fore to capitalize on the current growth trends in the international markets. There are various vitamins available such as Vitamin A, B, C, E in the market and they are used in the feed of Ruminants, Poultry, Swine, Aquaculture, Pets and Horses. The major players in this market are Adisseo France SAS, ADM, DSM Nutritional products, BASF, Lonza which are acquiring or merging with small local players and expanding their presence.
Key Deliverables in the Study
Market analysis for the European Feed Vitamins Market, with region specific assessments and competition analysis on global and regional scales
Market definition along with the identification of key drivers and restraints
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale
Extensively researched competitive landscape section with profiles of major companies along with their market shares
Identification and analysis of the macro and micro factors that affect the European Feed Vitamins market on both global and regional scales
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market
Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped