The Middle East and Africa feed vitamin market is expected to be valued at USD 0.65 billion in 2024 and USD 0.70 billion by 2029 and grow at a CAGR of 1.6% from 2024 to 2029.
The region has observed a boom in consumption of animal feed in the recent past. The Middle East and Africa region is facing a water shortage problem, which has shifted the focus to animal husbandry. Leading players in the market are looking for advanced technologies with water-efficient systems.
The food supplements given to the farm animals are referred to as feed vitamins. They have benefits like they provide vitamins that the animals are unable to take through their daily meals and prevent diseases caused by deficiency of vitamins. For producing feeds, the selection of ingredients is made very precisely in order to attain better health of the livestock and to obtain good end products like meat, egg, and milk.
The expansion of the dairy and poultry industry in the Middle East and Africa is driving the market majorly. Vitamin consumption is essential for livestock, which also fuels the growth of the market. Lack of awareness is a major issue in this region, which hinders the growth of the market.
Mainly, the feed vitamin market is segmented into types of livestock, including swine, ruminants, poultry, aquatic animals, and others. They are either single-functioned or multi-functioned. On the basis of formulation, they are divided into liquid, dry, and other (powder, pellet). Poultry is the largest and fastest-growing segment due to the increase in population and, hence, the increase in the demand for meat and eggs.
Some of the major companies dominating the Middle East and Africa market are S.A.S, Aland BASF SE, CSPC Pharmaceutical Group Ltd., Zhejiang Medicine Company Ltd., Pharmative LLC, North China Pharmaceutical Corporation, Archer Daniels Midland Company, Evonik Industries, DSM N.V.
Frequently Asked Questions
The current size of the Middle East and Africa Feed Vitamin Market is estimated to be USD 0.65 billion in 2024.
Israel is a leading consumer of feed vitamins in the Middle East, with a substantial market share attributed to its advanced livestock industry and modern farming practices.
In South Africa, the feed vitamin market has experienced significant growth through the expanding livestock sector, increasing awareness of animal nutrition, and the adoption of improved feed formulations.
The pandemic initially caused disruptions, but the Middle East and Africa Feed Vitamin Market has shown resilience, adapting to challenges, and is expected to recover steadily with a focus on animal health and nutrition.
The regional variations exist, but commonly used vitamins in North Africa include vitamin A, vitamin D, vitamin E, and various B vitamins, addressing specific nutritional needs in different livestock sectors.
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