DUBLIN, May 21, 2014 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/vjvjwx/feed) has announced the addition of the "Feed Water-soluble Vitamins & Minerals Market - Trends & Forecast up to 2019" report to their offering.
The fundamental requirement of animal diet is that it must be properly balanced and should provide nutrients that are required for bodily functions, along with the minerals and vitamins that are needed for maintaining the overall regulation and structure, which is necessary for good health and reproductive capability.
Minerals and vitamins are very important for maintaining bodily health and increasing bone strength in animals. The feed water-soluble vitamins and minerals market has been continuously growing in the last few years. Watersoluble vitamins are generally not stored by the body and hence, need to be consumed regularly. The fat-soluble vitamins, on the other hand, need not be consumed as regularly as they are stored within the body tissues.
The feed water-soluble vitamins market is projected to reach $1,640.2 million by 2019 from $1,321.5 million in 2013, growing at a CAGR of 3.8% from 2014 to 2019. In 2013, the largest market share in the feed water-soluble vitamins industry was accounted by the Asia-Pacific region, which was around 31% of the total market.
Rapid economic growth has increased the demand for the animal products; which, as a result, has boosted the market for feed watersoluble vitamins in this region. The market of water-soluble minerals is projected to reach $2,092.8 million by 2019, growing at a CAGR of 3.2% for the period under review.
The European market for water-soluble minerals is projected to grow at a CAGR of 3.0%, in terms of value. The developing countries pose as a good opportunity for the growing market of the feed water-soluble vitamins and minerals. The North American market of water-soluble vitamins is estimated to be $381.4 million in 2014, growing at a CAGR of 3.2% from 2014 to 2019. The ROW segment for the water-soluble minerals market is projected to be valued at $267.9 million by 2019.
Key Topics Covered:
2 Executive Summary
3 Premium Insights
4 Market Overview
5 Feed Water-Soluble Vitamins Market, By Type
6 Feed Water-Soluble Vitamin Market, By Livestock
7 Feed Water-Soluble Vitamin Market, By Geography
8 Feed Water-Soluble Minerals Market, By Type
9 Feed Water-Soluble Minerals Market, By Livestock
10 Feed Water-Soluble Mineral Market, By Geography
11 Competitive Landscape
12 Company Profiles
- BASF SE
- ORFFA International Holdings B.V.
- Phibro Animal Health Corporation
- Royal DSM Nv
- Vitafor Nv
- Vitec Nutrition Ltd.
- Zinpro Corporation
For more information visit http://www.researchandmarkets.com/research/vjvjwx/feed
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SOURCE Research and Markets