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Market Leader: Feed Water-soluble Vitamins and Minerals Market
Feed water-soluble vitamins and minerals form a necessary part of the feed industry. Water-soluble vitamins, Vitamin B and C, and various water-soluble minerals such as iron, zinc, and copper, among others are used to provide the animals with essential nutrients. They also help in the overall growth and development of the animal species. The market of the feed water-soluble vitamins and minerals is growing due to the acquisitions and expansions of the organizations manufacturing them. The expansions of the organizations help the feed water-soluble vitamins and minerals industry to expand its market, globally. Asia-Pacific and North America are estimated to be the growing markets, and such growth helps in increasing the availability of animal feed water-soluble vitamins and minerals in the global market.
The Asia-Pacific market of water-soluble vitamins is growing at a significant rate owing to the increasing economy of the countries and per capita consumption of meat in the region .The European animal feed water-soluble vitamins market is quite a developed one and is projected to grow at a higher rate as compared to the North American countries. Companies such as BASF SE (Germany), Orffa International Holdings B.V. (The Netherlands), Phibro Animal Health Corporation (U.S.) are strengthening their portfolio by expanding the business in the feed water-soluble vitamins and minerals sector. They also use acquisitions as a strategy to further penetrate the market.
Feed Water-Soluble Vitamins & Minerals Market by Type [Water-Soluble Vitamins (Vitamin B and Vitamin C), Water-Soluble Minerals (Iron Sources, Zinc Sources, Copper Sources, Manganese Sources, Others)], by Livestock & Geography - Trends & Forecast up to 2019
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