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North America Water-Soluble Vitamin Feed Supplements Market was worth USD 2.16 billion in 2016 and estimated to be growi

The North America market for Water-Soluble Vitamin Feed Supplements is broadly segmented into Vitamin type, Mineral type and Livestock
vicky vempati | 09.10.2017
The North America Water-Soluble Vitamin Feed Supplements Market was worth USD 2.16 billion in 2016 and estimated to be growing at a CAGR of 5.8%, to reach USD 2.87 billion by 2021. The gaining significance of the market can be attributed to increasing livestock population, increasing consumption of livestock by-products, economic activities, organized livestock farming and increasing consumer awareness.

Vitamins and Minerals make up some the most important body functions in any living being Lack or deficiency of these components causes these functions to ease which may prove to be fatal or causes serious illness Livestock contribute to food production by their products or by their services To ensure their health they must be supplied adequate amount of vitamins and minerals to carry out these body functions Vitamin and Mineral Feed supplements ensure the adequate mineral and vitamin supply in their feed

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The primary factors accounted for the growth of market are increase in daily intake of livestock meat, increase in use/consumption of by-products from livestock, increasing population and increasing consumer awareness Conversely, the low adoption rate and the high cost of raw material required for the fabrication of vitamins and mineral supplements are restraining the market from growing Also, technological advancements in synthesis of these supplements provide growing potential for the market

The North America market for Water-Soluble Vitamin Feed Supplements is broadly segmented into Vitamin type, Mineral type and Livestock Based on Vitamin type – Vitamin B, Vitamin B, Vitamin B, Vitamin B, Vitamin B, Vitamin B, Vitamin C and other Vitamins Based on Mineral type – Potassium Sources, Calcium Sources, Phosphorus Sources, Magnesium Sources, Sodium Sources, Iron Sources, Zinc Sources, Copper Sources, Manganese Sources and other sources Based on Livestock – Poultry, Swine, Ruminant, Aquaculture and other livestock Based on geographical analysis the market is segmented into regions of Canada and United States of America Vitamin B is the most widely used in Vitamin Feed supplement market due to its high importance in life stages of all livestock Potassium sources is most widely used in Mineral Feed Supplement Market as it is an essential component of enzymes United States is holding the largest share in the market due to its huge population and Canada is the fastest growing market

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Some of the key firms occupying the market include BASF SE, Alltech, Lonza Group AG, Nutreco NV, Archer Daniels Midland Company, DLG Group, Royal DSM NV, Kemin Industries, BlueStar Adisseo, InVivo Group

Market Segmentation

1)Vitamin Type
• Introduction
• Vitamin B
• Vitamin B
• Vitamin B
• Vitamin B
• Vitamin B
• Vitamin B
• Vitamin C
• Other Vitamins
• Y-o-Y Growth Analysis, By Vitamin Type
• Market Attractiveness Analysis, By Vitamin Type
• Market Share Analysis, By Vitamin Type

2)Mineral Type
• Introduction
• Potassium Sources
• Calcium Sources
• Phosphorus Sources
• Magnesium Sources
• Sodium Sources
• Iron Sources
• Zinc Sources
• Copper Sources
• Manganese Sources
• Other Minerals
• Y-o-Y Growth Analysis, By Mineral Type
• Market Attractiveness Analysis, By Mineral Type
• Market Share Analysis, By Mineral Type

3) Livestock
• Introduction
• Poultry
• Swine
• Ruminants
• Aquaculture
• Others
• Y-o-Y Growth Analysis, By Livestock
• Market Attractiveness Analysis, By Livestock
• Market Share Analysis, By Livestock

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Scope of the report :
• Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market