Africa Feed Vitamins Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Africa Feed Vitamins Market is segmented by Type (A, E, B, C, and Others), Animal Type (Ruminant, Poultry, Swine, Aquaculture, Pet Food, Horses), and Geography (South Africa, Egypt, and Rest of Africa).

Market Snapshot

Africa Feed Vitamins Market
Study Period:

2016-2026

Base Year:

2020

CAGR:

4.5 %

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Market Overview

The Africa feed vitamins market is estimated to register a CAGR of 4.5% during the forecast period (2021 - 2026). The COVID-19 pandemic has slowed down the operations though, with staff shortages and new sanitary guidelines for operation and processing. Feed companies have ensured necessary supplies to farmers to safeguard the health and welfare of their animals and to maintain the production level on farms. The increasing meat consumption in the region is the prime driver of the market along with increasing awareness among the farmers about the benefits of the feed additives. South Africa dominates the market in terms of value because of the well-developed animal industry. The market is consolidated with few players holding a major share in the market.

Scope of the report

Feed vitamins are supplements included in the animal feeds in small amounts for the overall growth, well-being, and performance of the livestock. The deficiency of vitamins can be adverse to the health of the animals and will also lead to a wide range of diseases. Vitamin supplements are considered necessary in animal feeds for all kinds of livestock, and this has traditionally fuelled the animal feed vitamin market. The Africa Feed Vitamins Market is segmented by Type (A, E, B, C, and Others), Animal Type (Ruminant, Poultry, Swine, Aquaculture, Pet Food, Horses), and Geography (South Africa, Egypt, and Rest of Africa).

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Key Market Trends

Increasing Live Stock Production Drives The Market

A large number of African countries are characterized by the constant growth of livestock and meat processing industries. Meat, eggs, and milk have been the main source of diet in many African Countries. Government support and the demand from meat processing industries are boosting animal production in the region. For instance, The number of cattle production was recorded as 355.0 million in 2018 increasing to 362.0 million in 2019 . Feed vitamins are gaining popularity among the animal production industry to improve feed quality and animal health. Therefore the growing animal production industry is acting as a primary driver of the market.

cattle production in Africa

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South Africa Dominates the Market

South Africa has a well-developed livestock industry among all the African countries. It accounts for the major share of the feed vitamins market. It has a market-oriented animal farming industry that includes cattle, dairy, pigs, sheep, goats, and rabbits. It also has very well-developed poultry and dairy industry. The country has 126 million cattle, 52 million goats and 13 million pigs, and 220 million sheep, respectively in 2019. The continuous production of animals and increasing meat consumption stand as a backbone for the South African feed vitamins industry.

Africa feed vitamin

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Competitive Landscape

Africa feed additive market is consolidated with a few players holding the major share of the market. Vitafor Nv, BASF SE, Pfizer, Inc., Pharmavite and Zinpro Corporation are some of the leading players in the region. New product launches, mergers & acquisitions, and partnerships are the major strategies adopted by these leading companies in the market.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Type

      1. 5.1.1 A

      2. 5.1.2 E

      3. 5.1.3 B

      4. 5.1.4 C

      5. 5.1.5 Others

    2. 5.2 Animal Type

      1. 5.2.1 Ruminant

      2. 5.2.2 Poultry

      3. 5.2.3 Swine

      4. 5.2.4 Horse

      5. 5.2.5 Others

    3. 5.3 Geography

      1. 5.3.1 South Africa

      2. 5.3.2 Egypt

      3. 5.3.3 Others

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Adisseo France S.A.S (France)

      2. 6.3.2 Archer Daniels Midland Co. (US)

      3. 6.3.3 Bactolac Pharmaceutical, Inc. (US)

      4. 6.3.4 BASF SE (Germany)

      5. 6.3.5 DSM Nutritional Products Ltd. (Switzerland) II-77

      6. 6.3.6 Lonza Group Ltd. (Switzerland)

      7. 6.3.7 Attrium Innovations, Inc. (Canada)

      8. 6.3.8 GlaxoSmithKline Plc (UK)

      9. 6.3.9 Pfizer, Inc. (US)

      10. 6.3.10 Ferrosan Holdings A/S (Denmark)

      11. 6.3.11 Pharmavite LLC (US)

      12. 6.3.12 Royal DSM Nv

      13. 6.3.13 Vitafor Nv

      14. 6.3.14 Vitec Nutrition Ltd.

      15. 6.3.15 Zinpro Corporation

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  8. 8. AN ASSESSMENT OF COVID-19 IMPACT ON THE MARKET

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Frequently Asked Questions

The Africa Feed Vitamins Market market is studied from 2016 - 2026.

The Africa Feed Vitamins Market is growing at a CAGR of 4.5% over the next 5 years.

  • Zinpro Corporation
  • Vitafor
  • Pharmavite
  • Pfizer
  • BASF SE

Are the major companies operating in Africa Feed Vitamins Market.

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