The North America Feed Grade Vitamin A Market was worth USD xx billion in 2020 and is projected to grow at a CAGR of xx%, to reach USD xx billion by 2025.
Vitamin A has several functions in animal bodies. The functions include growth and development of the body, vision, mucous membranes, reproduction and maintenance of immune system. The deficiency of vitamin A results in stress related disorders, increased susceptibility to infections, stone formation in urinary tracts, night blindness and formation of ulcers.
Some animals such as dog and sheep are capable of converting carotene present in plants into vitamin A with the help of certain enzymes. Cattle, chicks and horses are unable to convert carotene into vitamin A. Hence, they are needed to have vitamin A content in their feed. Several products which contain feed grade vitamin A are available in the market for this purpose. However, excess consumption of vitamin A can cause toxicity issues.
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Increasing demand for meat and its related products has resulted in the increase in the population of cattle and poultries. This in turn increased the demand for feed grade vitamin A products. Thriving trend of raising companion animals, increasing occurrence of animal infections and innovations in animal feed products are propelling the market growth. However, lack of awareness among the farmers regarding the supplements and less market penetration of these products are hindering the market growth.
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The Feed Grade Vitamin A market is categorized by product, end users and region.
Low Purity Feed Grade Vitamin A
High Purity Feed Grade Vitamin A.
On the basis of region, the North America Feed Grade Vitamin A market is categorized into
North America leads the feed grade vitamin A market due to the high market penetration in this region. It is also due to the high awareness among the farmers regarding the use of vitamin supplements in animal feed.
Major Key Players:
Some of the major players in Feed Grade Vitamin A market are BASF, Zhejiang NHU, Kingdomway, Adisseo, Zhejiang Medicine and DSM.