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North America feed vitamin market worth USD 1.52 billion by 2021

 



(EMAILWIRE.COM, December 28, 2017 ) The North America feed vitamin market is estimated to reach USD 1.52 billion by 2021 from USD 1.42 billion in 2016 by growing at a CAGR of 1.39 %. North America vitamin feed market stands after Asia Pacific and Europe. US hold the largest share in the region followed by Canada. Dominance of US is because of its large geographical size, economy and favorable climatic conditions.
View Full Report @ http://www.marketdataforecast.com/market-reports/north-america-feed-vitamin-market-590/
Animal feed vitamins are given to the livestock for enhancing their diets. Deficiency of vitamins can cause several diseases along with restricted growth of animals and vitamin feed fulfills the deficiency. These are given to the animals for improving their health and obtaining good yield of products like meat, egg and milk. Vitamin A, D, E and B are the major vitamins required through feed.
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Market Segmentation
• By Vitamin Type
• By Livestock Type
• By Formulation
• By Function
There are various factors which drives the market such as awareness regarding health, high income, rise in demand for high quality meat and many others. There is a shift observed in consumers towards these types of feed which is also driving the market. The only restrain for the market is high cost of these feeds as the raw materials are also costly.
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Key players in the market are S.A.S, Aland BASF SE, CSPC Pharmaceutical Group Ltd., Zhejiand Medicine company Ltd., Pharmative LLC, North China pharmaceutical corporation, Archer Daniels Midland company, Evonik industries and DSM N.V.
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com


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Abhishek

+1-888- 702-9626

abhishek@marketdataforecast.com

Source: EmailWire.Com


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