Middle East Feed Vitamins Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 396 Million |
| Market Size (2029) | USD 449.40 Million |
| CAGR (2024 - 2029) | 2.60 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Middle East Feed Vitamins Market Analysis
The Middle East Feed Vitamins Market size is estimated at USD 396 million in 2024, and is expected to reach USD 449.40 million by 2029, at a CAGR of 2.60% during the forecast period (2024-2029).
In the Middle East, feed vitamins are predominantly used to enhance the nutritional profile of poultry and ruminants. The region's demand for feed vitamins is anticipated to grow due to factors such as the industrialization of the livestock sector, the expansion of the animal meat market, and changing demographics. Additionally, the Middle East's meat-centric economy is experiencing increased demand for meat and meat products, which supports meat production and, in turn, boosts the use of high-nutritional feed and feed minerals. According to the Turkish Statistical Institute (TURKSTAT), Turkey's red meat production volume rose from 1.9 million metric tons in 2021 to 2.1 million metric tons in 2022.
Several regional initiatives are driving the growth of the feed vitamins market. For instance, the Food and Agriculture Entrepreneurs Programme, running from 2023 to 2025 in the United Arab Emirates, aims to help young Emiratis develop skills in managing agriculture and livestock projects. This programme, in partnership with the private sector, focuses on training candidates in agricultural planning, entrepreneurship, and commercial management of agriculture and livestock projects. Such initiatives expand the livestock industry and support animal nutrition, thereby aiding the market. Consequently, the expansion of the livestock industry, coupled with rising production due to higher demand, supports the use of feed vitamins, driving market growth during the forecast period.
Middle East Feed Vitamins Market Trends
Poultry Leads Feed Vitamin Use in the Middle East
Middle Eastern countries are witnessing a significant uptake of feed vitamins in their poultry sector. Recently, the pivotal role of these vitamins in poultry science has been underscored, given their nutritional and health benefits. As production and consumption of poultry meat surge in the region, the market for feed vitamins is expanding. Egypt, Turkey, and Jordan stand out as the primary producers of poultry meat in the Middle East. Data from the Turkish Statistical Institute (TURKSTAT) reveals that Turkey's poultry meat production escalated from 2.1 million metric tons in 2020 to 2.3 million metric tons in 2023. This uptick is poised to bolster the feed vitamin market, emphasizing the region's commitment to enhancing meat quality for consumers.
Countries like the UAE and Saudi Arabia are witnessing a surge in processed poultry meat product consumption, driven by a robust demand for poultry meat. Data from Agriculture and Agri-Food Canada highlights a rise in annual per capita spending on milk, cheese, and eggs in the UAE, from USD 292 in 2022 to USD 302 in 2023. This uptick due to the rising household incomes, is set to sustain the demand for poultry feed vitamins in the region.
In a notable move in 2024, Oman's Osool Poultry Company partnered with genetics firm Aviagen (Ross) and injected an investment of USD 26 million. This collaboration, targeting the delivery of fertilized eggs, day-old chicks, and other poultry products, aims to boost Osool Poultry's annual capacity from 150 million eggs. Such expansions underscore the importance of feed vitamins in enhancing both production capacity and egg quality. Thus, as poultry product production and consumption flourish in the region, the market for feed vitamins is poised for growth during the forecast period.
Saudi Arabia Dominates the Market
Saudi Arabia leads the feed vitamins market in the Middle East, followed by Turkey, the United Arab Emirates, and other regional players. Livestock feeding in the Middle East heavily relies on agricultural products such as maize, sorghum, soybean meal, groundnut meal, and rice bran. Yet, as livestock numbers rise and animal health standards improve, there's a notable shift towards feed vitamins. The widespread adoption of compound feed now sees essential vitamins A, D, E, K, and B being integrated into livestock diets, bolstering market growth.
Saudi Arabia's meat industry is on the rise, driven by increasing per capita consumption, a heightened demand for high-protein foods, and a growing awareness of meat's health benefits. This burgeoning meat market in Saudi Arabia is propelling the use of feed vitamins, aiming to elevate meat quality. According to the Government of Canada, Saudi Arabia's processed meat volume climbed from 1,431 thousand metric tons in 2022 to 1,499 thousand metric tons in 2023.
Support for organic poultry production initiatives is further amplifying the demand for feed vitamins in their diets. In 2023, Saudi Arabia’s Ministry of Environment, Water and Agriculture unveiled a plan to boost investments in organic poultry, targeting a 5% output increase by 2030. Vitamins, being organic compounds, play a pivotal role in poultry health, growth, and overall body functions, including reproduction and development. Hence, the emphasis on organic poultry not only underscores the importance of feed vitamins but also propels the market's growth in the nation. Consequently, the surging meat consumption, combined with the expanding animal production, is set to drive market growth in the coming years.
Middle East Feed Vitamins Industry Overview
The Middle East Feed Vitamin market is fragmented with many small and medium players occupying more share in the market. Companies are not only competing based on product quality and promotion but are also focused on their strategic moves to hold larger market shares. Companies are investing heavily in developing new products and collaborating and acquiring other companies. This factor is projected to increase its market shares and strengthen R&D activities. Companies like BASF SE, Kemin Industries, DSM-Firmenich, Evonik Industries, and ADM Animal Nutrition are the major players in the market.
Middle East Feed Vitamins Market Leaders
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BASF SE
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ADM Animal Nutrition
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Kemin Industries
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Evonik Industries
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DSM-Firmenich
*Disclaimer: Major Players sorted in no particular order
Middle East Feed Vitamins Market News
- September 2024: DSM has opened a new manufacturing plant for Animal Nutrition & Health premixes and additives in Sadat City, Egypt. This facility will produce a diverse range of specialized animal nutrition products, including vitamins, minerals, and innovative feed additives. The plant will serve customers in Egypt, the Middle East, Southern Europe, and Africa.
- November 2022: Calysseo, a collaboration between the globally recognized alternative protein firm Calysta and the prominent animal nutrition entity Adisseo, has unveiled plans to establish an alternative protein facility in Al Jubail, Saudi Arabia, in collaboration with Food Caravan. This initiative promises a non-GMO protein, boasting high nutritional quality and a comprehensive profile of amino acids and vitamins.
Middle East Feed Vitamins Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Industrilization of Livestock Industry
4.2.2 Growing Demand for Poultry Meat
4.2.3 Increasing Focus on Animal Nutrition
4.3 Market Restraints
4.3.1 Competition of Raw Materials from Other Industries
4.3.2 Challenging Regulatory Conditions
4.4 Porter's Five Forces Framework
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products
4.4.5 Degree of Competition
5. MARKET SEGMENTATION
5.1 Type
5.1.1 Vitamin A
5.1.2 Vitamin B
5.1.3 Vitamin C
5.1.4 Vitamin E
5.1.5 Other Vitamins
5.2 Animal Type
5.2.1 Ruminants
5.2.2 Poultry
5.2.3 Aquaculture
5.2.4 Other Animal Types
5.3 Geography
5.3.1 Saudi Arabia
5.3.2 Egypt
5.3.3 United Arab Emirates
5.3.4 Turkey
5.3.5 Jordan
5.3.6 Rest of Middle East
6. COMPETITIVE LANDSCAPE
6.1 Market Share Analysis
6.2 Most Adopted Strategies
6.3 Company Profiles
6.3.1 ADM Animal Nutrition
6.3.2 Evinok Industries
6.3.3 DSM-Firmenich
6.3.4 BASF SE
6.3.5 Adisseo
6.3.6 Reva Tarim Kimya San
6.3.7 Saudi Mix
6.3.8 Alltech Inc
6.3.9 Kemin Industries
6.3.10 National Feed Co. Ltd (FEEDCO)
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Middle East Feed Vitamins Industry Segmentation
Vitamins are supplements included in the animal feeds in small amounts for the overall growth, well-being, and performance of the animals. The Middle East Feed Vitamins Market is Segmented by Type into Vitamin A, Vitamin B, Vitamin C, Vitamin E, and Other Vitamins by Animal Type into Ruminants, Poultry, Aquaculture, and Other Animal Types, and by Geography into Saudi Arabia, United Arab Emirates, Egypt, Turkey, Jordan, and Rest of Middle East. The report offers market estimation and forecasts in values in USD for all the above segments.
| Type | |
| Vitamin A | |
| Vitamin B | |
| Vitamin C | |
| Vitamin E | |
| Other Vitamins |
| Animal Type | |
| Ruminants | |
| Poultry | |
| Aquaculture | |
| Other Animal Types |
| Geography | |
| Saudi Arabia | |
| Egypt | |
| United Arab Emirates | |
| Turkey | |
| Jordan | |
| Rest of Middle East |
Middle East Feed Vitamins Market Research FAQs
How big is the Middle East Feed Vitamins Market?
The Middle East Feed Vitamins Market size is expected to reach USD 396 million in 2024 and grow at a CAGR of 2.60% to reach USD 449.40 million by 2029.
What is the current Middle East Feed Vitamins Market size?
In 2024, the Middle East Feed Vitamins Market size is expected to reach USD 396 million.
Who are the key players in Middle East Feed Vitamins Market?
BASF SE, ADM Animal Nutrition, Kemin Industries, Evonik Industries and DSM-Firmenich are the major companies operating in the Middle East Feed Vitamins Market.
What years does this Middle East Feed Vitamins Market cover, and what was the market size in 2023?
In 2023, the Middle East Feed Vitamins Market size was estimated at USD 385.70 million. The report covers the Middle East Feed Vitamins Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Middle East Feed Vitamins Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Middle East Feed Vitamins Industry Report
Statistics for the 2024 Middle East Feed Vitamin market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Middle East Feed Vitamin analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
Middle East Feed Vitamins Market Report Snapshots
