Market Size of Middle East Feed Vitamins Industry
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 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 Size Summary
The Middle East feed vitamins market is experiencing growth driven by the industrialization of the livestock industry, the expansion of the animal meat market, and changing demographics in the region. Feed vitamins play a crucial role in enhancing the nutritional profile of poultry and ruminants, which are essential for the sustainable production of safe and affordable animal proteins. The region's meat-driven economies, with countries like Egypt, Turkey, and Jordan as key producers, rely heavily on feed vitamins to ensure healthy animal growth and improved meat quality. The demand for feed vitamins is further fueled by the increasing number of poultry and the rising demand for cattle meat, making feed a significant cost factor for livestock farmers.
Saudi Arabia leads the Middle Eastern feed vitamins market, followed by Turkey, the United Arab Emirates, and other countries. The market is characterized by the inclusion of essential vitamins such as A, D, E, K, and B in livestock diets, supported by the availability of agricultural products like maize and soybean meal. Despite challenges like environmental inspections and regulatory disruptions, companies are strategically investing in product development and collaborations to enhance their market presence. Major players such as BASF SE, Adisseo, DSM, Biomin, and ADM Animal Nutrition are actively working to increase their market shares and strengthen research and development activities, contributing to the market's growth and stability.
Middle East Feed Vitamins Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Industrilization of Livestock Industry
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1.2.2 Growing Demand for Poultry Meat
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1.2.3 Increasing Focus on Animal Nutrition
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1.3 Market Restraints
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1.3.1 Competition of Raw Materials from Other Industries
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1.3.2 Challenging Regulatory Conditions
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1.4 Porter's Five Forces Framework
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Consumers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION
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2.1 Type
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2.1.1 Vitamin A
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2.1.2 Vitamin B
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2.1.3 Vitamin C
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2.1.4 Vitamin E
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2.1.5 Other Vitamins
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2.2 Animal Type
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2.2.1 Ruminants
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2.2.2 Poultry
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2.2.3 Aquaculture
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2.2.4 Other Animal Types
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2.3 Geography
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2.3.1 Saudi Arabia
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2.3.2 Egypt
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2.3.3 United Arab Emirates
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2.3.4 Turkey
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2.3.5 Jordan
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2.3.6 Rest of Middle East
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Middle East Feed Vitamins Market Size 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.