Vitamins play a crucial role in animal nutrition across various sectors, such as poultry feeds, ruminant feeds, pig feeds, aquaculture feeds, and others. They are essential for animal growth, reproduction, and overall health. Vitamins are added to animal feeds to ensure animals receive the necessary nutrients they may not be getting from their diet alone. The increasing demand for high-quality animal products has driven the growth of the vitamins for animal nutrition market in various sectors. There are four major vitamins that are included in animal feed. Vitamin A is mostly lacking in animals which are essential for growth, reproduction, and milk production. Vitamin D is abundant in animals and is required to consume the calcium and phosphorus present. Vitamin B group is generally not required for the livestock as it gets synthesized in their rumen but young calves and monogastric animals need it. Vitamin E is necessary for the prevention of paralysis and for the hatching of eggs. These feeds are used by poultry and dairy farmers.
Countries like India, China, and Brazil, which present an attractive market for dog food ingredients, have a large population of stray dogs that are also adopted by several people. According to the data published by Pet Secure (Australia), a pet insurance company based in Australia, the developing economies of China, Japan, the Philippines, and India account for the countries with the highest pet dog population, while India accounts for one of the fastest growing dog populations in the world.
Moreover, Asia Pacific boasts a diverse agricultural landscape, with countries like China and India emerging as significant players in livestock production. The adoption of modern farming practices and a growing awareness of the importance of animal health and nutrition have further fuelled the demand for feed additives. Additionally, the presence of many feed manufacturers and a rapidly expanding aquaculture sector in countries like Indonesia and Vietnam contribute to the region’s dominance.
Challenge: High popularity of other feed additives
With the rise in animal health awareness and livestock production globally, the demand for feed products enriched with various feed additives is on the rise. Previously known and well-commercialized feed additives such as amino acids, phosphates, acidifiers, carotenoids, enzymes, mycotoxin detoxifiers, antibiotics, antioxidants and —s, and mineral premixes are also tapping the feed market opportunities. These feed additives also aid in nutritional deficiency, growth, digestion, flavour enhancement, and feed efficiency. These alternative feed additives have also received fair benefits from the high demand for livestock products.