Pacific Vitamin AD3 market

Asia Pacific Vitamin AD3 Market Research Report 2024-2030

  • 24 October 2024
  • Chemicals and Materials
  • 205 Pages
  • Report code : PMR-8015554

  • 4.7 (158)

Pacific Vitamin AD3 Market

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The Asia Pacific Vitamin AD3 market size was valued at US$ 312.4 million in 2024 and is projected to reach US$ 418.6 million by 2030, at a CAGR of 5.0% during the forecast period 2024-2030.

Vitamin AD3 is a combination supplement of fat-soluble vitamins A and D3, primarily used in animal feed to promote growth, bone health, and immune function in livestock and poultry.

The Asia Pacific Vitamin AD3 market is experiencing steady growth, driven by the region's expanding animal husbandry sector. China dominates with a 50% market share, followed by India at 20% and Vietnam at 10%. In 2023, the poultry industry consumed 45% of the total production, with swine farming at 30%. The market saw an 8% increase in demand from the aquaculture sector, particularly for fish feed supplements. Key players include DSM (Netherlands) and Zhejiang Medicine Co. (China), holding a combined 45% market share in the region. The industry is investing in stable formulations, with a 12% increase in R&D spending on microencapsulation technologies in 2023. Challenges include volatility in raw material prices, with a 7% increase in vitamin A precursor costs impacting profit margins. Regulatory changes in China's feed additive policies led to a 5% market growth in premix formulations. The market is benefiting from increasing consumer awareness of food quality, driving a 10% growth in fortified animal products demand.

Report Includes

Pacific Vitamin AD3 Market is an essential reference for who looks for detailed information on Asia Pacific Vitamin AD3. The report covers data on Asia Pacific markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Asia Pacific major vendors¡¯ information. In addition to the data part, the report also provides overview of Vitamin AD3, including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.

Pacific Vitamin AD3 Market aims to provide a comprehensive presentation of the Asia Pacific Vitamin AD3, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vitamin AD3. Pacific Vitamin AD3 Market contains market size and forecasts of Vitamin AD3 in Asia Pacific, including the following market information:

We surveyed the Vitamin AD3 manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

by Country

•    China

•    India

•    Japan

•    South Korea

•    Australia

•    Thailand

•    Indonesia

by Products type:

•    Feed Grade

•    Food Grade

•    Medical Grade

by Application:

•    Breeding Industry

•    Food Industry

•    Pharmaceutical Industry

key players include: (At least 8-10 companies included)

•    DSM Nutritional Products

•    BASF SE

•    Zhejiang Medicine Co., Ltd.

•    Zhejiang NHU Company Ltd.

•    Adisseo

•    Glanbia plc

•    Bluestar Adisseo Company

•    Kingdomway Nutrition, Inc.

•    Vedan International

•    Divi

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