Water soluble vitamins and minerals are essential nutrients that help in development of bones, boost immunity, repair and heal wounds, etc. Moreover, they are important for the proper functioning of nervous system and aid the digestion process. Furthermore, they ensure proper metabolism of energy which is required to perform various physiological processes in animals. Owing to such benefits, water soluble vitamin and mineral feed supplements are incorporated in the diets of livestock animals to ensure better performance and their physical wellbeing.
MARKET DYNAMICS
Rising concerns about the health and nutrition of livestock animals is the crucial factor driving the market growth. Moreover, rapid development of organized livestock sector and increasing demand for meat and other livestock derived products are the key factors expected to propel the market growth over the forecast period. Moreover, growing importance of water-soluble vitamin and mineral feed supplements owing to their health benefits is one of the crucial factors expected to boost the market growth in the forthcoming years.
MARKET SCOPE
The "Global Water-Soluble Vitamin & Mineral Supplements Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the water-soluble vitamin & mineral supplements market with detailed market segmentation by type and livestock. The global water-soluble vitamin & mineral supplements market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading water-soluble vitamin & mineral supplements market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global water-soluble vitamin & mineral supplements market is segmented into type and livestock. By type, the water-soluble vitamin & mineral supplements market is bifurcated into vitamins and minerals. The vitamin segment is further bifurcated into vitamin B complex and vitamin C. The minerals segment is further bifurcated into calcium, potassium, magnesium, sodium, zinc, and others. By livestock, the water-soluble vitamin & mineral supplements market is bifurcated into poultry, swine, ruminants, aquaculture, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global water-soluble vitamin & mineral supplements market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The water-soluble vitamin & mineral supplements market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the water-soluble vitamin & mineral supplements market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the water soluble vitamin & mineral supplements market in these regions.
MARKET PLAYERS
The report covers vital developments in the water-soluble vitamin & mineral supplements market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the water-soluble vitamin & mineral supplements market are anticipated to lucrative growth opportunities in the future with the rising demand for water soluble vitamin & mineral supplements in the global market. Below mentioned is the list of few companies engaged in the water-soluble vitamin & mineral supplements market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the water-soluble vitamin & mineral supplements market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Alltech, Inc.
- Nutreco N.V.
- Royal DSM N.V.
- DLG Group
- Invivo NSA
- BASF SE
- Archer Daniels Midland Company
- Kemin Industries, Inc.
- Lonza Group AG
- BlueStar Adisseo Co.
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