Global Water Soluble Vitamins Market Size study, By Vitamin Type (Vitamin C Ascorbic Acid, Vitamin B12, Vitamin B5 Pantothenic Acid, Vitamin B3 Niacin, Vitamin B1 Thiamin, Vitamin B Complex, Vitamin B6 Pyridoxine, Vitamin B9 Folic Acid, Vitamin B7, Vitami

Global Water Soluble Vitamins Market Size study, By Vitamin Type (Vitamin C Ascorbic Acid, Vitamin B12, Vitamin B5 Pantothenic Acid, Vitamin B3 Niacin, Vitamin B1 Thiamin, Vitamin B Complex, Vitamin B6 Pyridoxine, Vitamin B9 Folic Acid, Vitamin B7, Vitamin B2 Riboflavin, Others), By End Use (Livestock, Aquaculture, Swine, Poultry, Ruminants, Healthcare, Consumer Goods, Others (Pets and Horses), and Regional Forecasts 2022-2028Global Water Soluble Vitamins Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. The Water Soluble Vitamins can be defined as vitamins which are soluble in water and readily absorbed into tissues for immediate use. There are different types of water soluble vitamins such as thiamine, riboflavin, niacin, pyridoxine, pantothenic acid, biotin, folic acid, cobalamin, and choline among others. These vitamins are utilized in livestock feed due to various molecules function such as metabolic catalysts for energy metabolism pathways, for cellular maintenance, and for blood cell formation in the animal body. The growing livestock population worldwide and increasing adoption of Nutrition Supplements for Monogastric Animals are accelerating the global market demand. For instance, according to Statista – in 2021, the global cattle population was estimated at 996 million, and this number is projected to grow to 1009.69 million by end of 2022. Also, growing prevalence of chronic diseases in livestock and rising consumption of meat are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, lack of awareness towards feed additives in developing markets impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Water Soluble Vitamins Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to growing consumption of meat and presence of leading market players in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as favorable government initiatives towards promotion of aquaculture and poultry industry as well increasing population of cattle in the region, would create lucrative growth prospects for the global Water Soluble Vitamins Market across the Asia Pacific region.
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Major market players included in this report are:
Royal DSM N.V.
Lonza Group AG
North China Pharmaceutical Corporation
InVivo Group
BASF SE
Nutreco N.V.
Fermenta Biotech Ltd.
Kemin Industries, Inc.
Alltech, Inc.
Sanofi Zhejiang Medicine Company Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Vitamin Type
Vitamin C Ascorbic Acid
Vitamin B12
Vitamin B5 Pantothenic Acid
Vitamin B3 Niacin
Vitamin B1 Thiamin
Vitamin B Complex
Vitamin B6 Pyridoxine
Vitamin B9 Folic Acid
Vitamin B7
Vitamin B2 Riboflavin
Others

By End Use
Livestock
Aquaculture
Swine
Poultry
Ruminants
Healthcare
Consumer Goods
Others (Pets and Horses)
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Water Soluble Vitamins Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Royal DSM N.V.
Lonza Group AG
North China Pharmaceutical Corporation
InVivo Group
BASF SE
Nutreco N.V.
Fermenta Biotech Ltd.
Kemin Industries, Inc.
Alltech, Inc.
Sanofi Zhejiang Medicine Company Ltd.

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