Written by Imarcshubham » Updated on: November 19th, 2024
IMARC Group's report titled "Vietnam Feed Additives Market Report by Additive (Acidifiers, Amino Acids, Antibiotics, Antioxidants, Binders, Enzymes, Flavors and Sweeteners, Minerals, Mycotoxin Detoxifiers, Phytogenics, Pigments, Prebiotics, Probiotics, Vitamins, Yeast), Animal (Aquaculture, Poultry, Ruminants, Swine, and Others), and Region 2024-2032. offers a comprehensive analysis of the industry, which comprises insights on the Vietnam feed additives market outlook report. The market is projected to exhibit a growth rate (CAGR) of 3.79% during 2024-2032.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/vietnam-feed-additives-market/requestsample
Factors Affecting the Growth of the Vietnam Feed Additives Industry:
Thriving Livestock Industry:
The escalating demand for feed additives due to the thriving livestock sector in Vietnam is contributing to the market growth. In addition, the rising consumption of meat and seafood products among individuals in the country is bolstering the market growth. Furthermore, farmers and producers are focusing on improving animal growth rates, health, and overall productivity. Feed additives play a crucial role in achieving these objectives by providing essential nutrients, vitamins, and minerals that enhance animal performance. Additionally, feed additives optimize feed conversion ratios and reduce mortality rates, which is impelling the market growth.
Rising Focus on Health and Nutrition:
The increasing focus on health and nutrition is supporting the growth of the market. In line with this, people are increasingly preferring high-quality animal products, which is bolstering the market growth. Furthermore, farmers are focusing on ensuring animal health and nutrition. Besides this, feed additives are enriched with essential nutrients, vitamins, and minerals. These additives not only boost animal growth but also enhance the nutritional content of meat, milk, and eggs, aligning with preferences of health-conscious individuals. In addition, the rising awareness among individuals about the importance of maintaining a healthy mind and body is strengthening the market growth.
Increasing Focus on Disease Prevention and Control:
The increasing focus on disease prevention and control in animals is contributing to the growth of the market in Vietnam. Apart from this, the rising need to safeguard livestock health and productivity is propelling the market growth. Furthermore, farmers and producers are prioritizing measures to prevent disease outbreaks, reduce antibiotic use, and ensure the overall well-being of animals. In addition, feed additives are enriched with immune-boosting nutrients and antimicrobial components. Moreover, increasing preferences for safe and healthy animal products are impelling the market growth.
Vietnam Feed Additives Market Report Segmentation:
By Additive:
Acidifiers
Fumaric Acid
Lactic Acid
Propionic Acid
Others
Amino Acids
Lysine
Methionine
Threonine
Tryptophan
Others
Antibiotics
Bacitracin
Penicillins
Tetracyclines
Tylosin
Others
Antioxidants
Butylated Hydroxyanisole (BHA)
Butylated Hydroxytoluene (BHT)
Citric Acid
Ethoxyquin
Propyl Gallate
Tocopherol
Others
Binders
Natural Binders
Synthetic Binders
Enzymes
Carbohydrases
Phytases
Others
Flavors and Sweeteners
Flavors
Sweeteners
Minerals
Macrominerals
Microminerals
Mycotoxin Detoxifiers
Binders
Biotransformers
Phytogenics
Essential Oil
Herbs and Spices
Others
Pigments
Carotenoids
Curcumin and Spirulina
Prebiotics
Fructo Oligosaccharides
Galacto Oligosaccharides
Inulin
Lactulose
Mannan Oligosaccharides
Xylo Oligosaccharides
Others
Probiotics
Bifidobacteria
Enterococcus
Lactobacilli
Pediococcus
Streptococcus
Others
Vitamins
Vitamin A
Vitamin B
Vitamin C
Vitamin E
Others
Yeast
Live Yeast
Selenium Yeast
Spent Yeast
Torula Dried Yeast
Whey Yeast
Yeast Derivatives
On the basis of the additive, the market has been classified into acidifiers (fumaric acid, lactic acid, propionic acid, and others), amino acids (lysine, methionine, threonine, tryptophan, and others), antibiotics (bacitracin, penicillins, tetracyclines, tylosin, and others), antioxidants [butylated hydroxyanisole (BHA), butylated hydroxytoluene (BHT), citric acid, ethoxyquin, propyl gallate, tocopherols, and others], blinders (natural binders and synthetic binders), enzymes (carbohydrases, phytases, and others), flavors and sweeteners (flavors and sweeteners), minerals (macrominerals and microminerals), mycotoxin detoxifiers (binders and biotransformers), phytogenics (essential oil, herbs and spices, and others), pigments (carotenoids and curcumin and spirulina), prebiotics (fructo oligosaccharides, galacto oligosaccharides, inulin, lactulose, mannan oligosaccharides, xylo oligosaccharides, and others), probiotics (bifidobacteria, enterococcus, lactobacilli, pediococcus, streptococcus, and others), vitamins (vitamin A, vitamin B, vitamin C, vitamin E, and others), and yeasts (live yeast, selenium yeast, spent yeast, torula dried yeast, whey yeast, and yeast derivatives.
By Animal:
Aquaculture
Fish
Shrimp
Others
Poultry
Broiler
Layer
Others
Ruminants
Dairy Cattle
Others
Swine
Others
Based on the animal, the market has been divided into aquaculture (fish, shrimp, and others), poultry (broiler, layer, and others), ruminants (dairy cattle and others), swine, and others.
Regional Insights:
Northern Vietnam
Central Vietnam
Southern Vietnam
Region-wise, the Vietnam feed additives market is segmented into Northern Vietnam, Central Vietnam, and Southern Vietnam.
Vietnam Feed Additives Market Trends:
Ensuring the safety and quality of animal products is concerned. In addition, the rising demand for feed additives that enhance the safety and quality of meat, milk, and eggs by reducing contaminants and pathogens is impelling the growth of the market in Vietnam.
Apart from this, adherence to international standards and regulations for animal feed additives is essential for exporting animal products. Furthermore, the increasing adoption of feed additives that meet industry standards is bolstering the market growth in the country.
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: [email protected]
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163
We do not claim ownership of any content, links or images featured on this post unless explicitly stated. If you believe any content or images infringes on your copyright, please contact us immediately for removal ([email protected]). Please note that content published under our account may be sponsored or contributed by guest authors. We assume no responsibility for the accuracy or originality of such content. We hold no responsibilty of content and images published as ours is a publishers platform. Mail us for any query and we will remove that content/image immediately.
Copyright © 2024 IndiBlogHub.com. Hosted on Digital Ocean