The water-soluble vitamins and minerals in feed market form part of the vibrant global animal nutrition sector with a focus on animal health and development. Water-soluble vitamins and minerals are essential for improving animals’ feeds that can dissolve easily in water and can be readily absorbed by animals.
Awareness about micro-nutrients in animal feeding is driving the growth of the Water-Soluble Vitamins and Minerals in Feed market. A rising world population, increasing meat, dairy, and poultry consumption lead to an increased need for balanced nutrition for animals. Water soluble vitamins and minerals are vital for cattle’s health, growth and production because they have some physiological roles.
Market dynamics are influenced by precision nutrition as well as sophisticated farming. Farmers use precision feeding to maximize fertilizer usage while minimizing waste generation. This method could work better with the help of water-soluble vitamins & minerals which can be put easily into exact rations of feed. This trend toward precision feeding is a driver behind demand for micronutrients that are water-soluble allowing efficient provision of nutrients to animals.
Market dynamics are also influenced by variable raw material prices as well as intricate nutritional relationships. Rising cost levels related to critical inputs required in processing both minerals & B-vitamins might escalate expenses linked to final products. Balancing numerous components in animal diets is hard hence it’s challenging creating well-balanced or stable feed formulations. Comprehending nutritional interactions helps when striking a balance between water soluble vitamins and minerals due to the impact on market dynamics of searching for viable formulas for producers.
Nutrient delivery systems also influence market dynamics. Research and development in encapsulation and preservation have led to stabilized and bioavailable water-soluble vitamins and minerals. Thus, these advances make it possible for water soluble micronutrients to be more flexible as well as effective by meeting the needs of animal nutrition. Research and Development provides farmers with new ideas that address nutritional problems related to animal diets which have an impact upon market dynamics.
Overall, the Water-Soluble Vitamins & Minerals in Feed market is driven by global demand for high-quality livestock products, regulatory concerns, plus advancements in animal nutrition. The Micronutrient awareness drive market, Precision Nutrition trend, Regulatory frameworks already set up and continuing research. Therefore the industry responds towards changing business environment relating to animal nutrition while supporting healthy livestock keeping as well as better production possibilities regardless of these challenges.
Report Attribute/Metric | Details |
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Market Size Value In 2023 | USD 9.5Â Billion |
Growth Rate | 6.72% (2024-2032) |
Water-Soluble Vitamins & Minerals in Feed Market Size was valued at USD 9.5 Billion in 2024. The Water-Soluble Vitamins & Minerals in the Feed market industry is projected to grow from USD 10.222 Billion in 2024 to USD 17.2 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.72% during the forecast period (2024 - 2032). Systematized development of the livestock sector in the advancing countries and Increasing Demand to prevent disease outbreaks in livestock are the key market drivers boosting the market growth.
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Market CAGR for water-soluble vitamins & minerals in feed is driven by the rise in the population. Water-soluble vitamins and minerals are known to be verily utilized as animal feed and are fed to animals by dissolving in water. The rise in the knowledge about the accessibility of many types of feed supplements in developed countries is further anticipated to promote the growth of the water-soluble vitamin and mineral feed supplements market.
Additionally, the peak demand for nutrition supplements for monogastric animals will further give potential opportunities for the growth of this market in recent years. However, bettering the bioavailability of trace minerals might further challenge the growth of the water-soluble vitamin and mineral feed supplements market in the near future.
Furthermore, increasing concerns about the nutrition and health of livestock animals is an important factor fetching the market growth. Moreover, the quick development of the organized livestock sector and growing Demand for meat and other livestock-derived products are the key factors expected to promote market growth over the forecast period. Water-soluble vitamin & mineral feed supplements have made a standing as they develop the health of livestock, thereby improving the quality of products obtained from them. For example, Ruminant vitamin & mineral feed supplements give guarantee appropriate milk-producing capacity and disease prevention. Thus, driving the Water-Soluble Vitamins & Minerals in Feed market revenue.
The water-soluble vitamins & minerals in feed market segmentation, based on vitamin type, includes vitamin B complex, vitamin C, and others. Vitamin B complex category dominated the market mainly because consciousness about strategy for reducing disease occurrences among end-users is one of the main factors motivating the growth of the vitamin B3 sub-segment in the market.
Figure 1: Water-Soluble Vitamins & Minerals in Feed Market, by Vitamins Type, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
The water-soluble vitamins & minerals in feed market segmentation, based on minerals types, include phosphorus, potassium, calcium, magnesium, sodium, iron, and others. The potassium category generated the most income owing to its nutritional value as an important impulse component for improving egg, milk, and meat production as well as feed adequacy.
On the other hand, other minerals category, consisting of chlorine, sodium, selenium, iodine, and sulfur, would prosper rapidly.
The water-soluble vitamins & minerals in feed market segmentation, based on livestock, includes swine, poultry, ruminants, and aquaculture. The poultry category generated the most income. In this, the trace minerals such as zinc play a vital role as a component of several metalloenzymes, such as carbonic anhydrase. Carbonic anhydrase is important for eggshell formation in the shell gland of hens. These minerals assist in improving the immune response of hens. Zinc deficiency in poultry feed additives can lead to poor feathering and poor shell quality.
On the other hand, the swine category is expected to dominate the market during the forecast period. Swine have iodine and selenium, which function as a significant component of thyroid hormones, thereby impacting the metabolic rate of swine. Iodine deficiency in swine can result in goiter, thick pulpy skin, hairlessness, and even death.
By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific Water-Soluble Vitamins & Minerals in the Feed market area will dominate this market, owing to an increase in the adoption of vitamins that help to break down and provide resistance against diseases.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: WATER-SOLUBLE VITAMINS & MINERALS IN FEED MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Europe's Water-Soluble Vitamins & Minerals in the Feed market account for the second-largest market share due to the existence of structured farming in poultry and aquaculture industries. Further, the German Water-Soluble Vitamins & Minerals in the Feed market held the largest market share, and the UK Water-Soluble Vitamins & Minerals in the Feed market was the fastest growing market in the European region.
The North American Water-Soluble Vitamins & Minerals in Feed Market is expected to grow at the fastest CAGR from 2023 to 2032. This is due to increased supplements of minerals as a result of strict regulations on the use of some synthetic raw ingredients in animal feed in various economies in the region. Moreover, the U.S. Water-Soluble Vitamins & Minerals in Feed market held the largest market share, and the Canadian Water-Soluble Vitamins & Minerals in Feed market was the fastest-growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Water-Soluble Vitamins & Minerals in the Feed market grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launching, contract-based agreements, higher investments, mergers and acquisitions, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Water-Soluble Vitamins & Minerals in the Feed industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Water-Soluble Vitamins & Minerals in the Feed industry to benefit clients and increase the market sector. In recent years, the Water-Soluble Vitamins & Minerals in the Feed industry have offered some of the most significant advantages to medicine. Major players in the Water-Soluble Vitamins & Minerals in Feed market, including Lonza Group (Switzerland), Koninklijke DSM N.V. (Netherlands), Nutreco N.V. (Netherlands), BASF SE (Germany), Archer Daniels Midland Company (US), and others, are attempting to increase market demand by investing in research and development operations.
Lonza was founded in the small Swiss town of Gampel in 1897; it is headquartered in Basel, Switzerland. This company is a contract development and manufacturing Solutions company that offers services including microbial manufacturing, commercial mammalian and clinical development, and production. It offers high-potential active pharmaceutical ingredients, gene and cell therapy capabilities, oral drug product development services, advanced intermediates, cell-culture modeling, genome editing, research media and testing products, and endotoxin products. Lonza gives solutions for microbial and hygiene control, health and well-being, and composites and material protection. It serves biotechnology, pharmaceutical, academic, and government research industries; manufacturers of health and consumer products; formulators and service companies.
BASF SE (Germany) was founded on 6 April 1865, by Friedrich Engelhorn in Mannheim, in the German-speaking state of Baden, headquartered in Ludwigshafen, Germany. It is a chemical company that carries out the manufacturing, marketing, and sales of chemicals, crop protection products, plastics, and performance products. Its product line comprises solvents, surfactants, adhesives, electronic chemicals, fuel additives, pigments, paints, fungicides, food additives, and herbicides. The company serves a varied range of industries, including construction, agriculture, furniture and wood, electronics and electrical, automotive, home care, paints and coatings, nutrition, chemicals, and others. BASF carries out Research & Development in alliance with customers, scientists, and partners. The company has ties in Europe, Asia Pacific, South America, Africa, the Middle East, and North America.
October 2021: the completion of the acquisition of First Choice Ingredients for an organization was declared by Royal DSM, a purpose-driven science-based company. First Choice Ingredients, a well-known giver of savory flavorings based on dairy, was acquired in September 2021.
November 2021: ADM, a leader in agricultural origination and processing and nutrition, made an announcement regarding the completion of the acquisition of Sojaprotein, a prominent supplier of non-GMO soy products in Europe. In addition, ADM’s ability to address the increasing demands for plant-based foods and drinks and its alternative protein capabilities have been significantly increased.
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