Global Calcium Ascorbate for Feed Market by Process (Two-stage Fermentation Process and Reichstein Process) Source (Synthetic, Natural) Form (Powder, Granule, Others) Animal Type (Ruminants, Poultry, Swine, Aquaculture, and Other Animal Types) Application (Cosmetics, Pharmaceutical, Animal Feed, Food & Beverage) – Industry Trends and Forecast to 2029
Market Analysis and Size
Vitamins and minerals are essential for livestock health and productivity. Vitamins are organic nutrients needed in small amounts to perform specific functions and play an essential role in energy utilization. Vitamins also aid in maintaining a healthy body and promoting disease resistance. Minerals are inorganic elements found in trace amounts throughout the body. Minerals aid in bone development, maintain water balance and promote protein synthesis.
Data Bridge Market Research analyses that the calcium ascorbate for the feed market was valued at 7.3 billion in 2021 and is expected to reach USD 13.21 billion by 2029, at a CAGR of 7.7% during the forecast period of 2022 to 2029.
Calcium ascorbate is a slightly white to yellowish crystalline powder with no odor. It is a nutritional supplement of vitamin C (ascorbic acid) and calcium carbonate. Since it does not cause gastric irritation, it can be used as an excellent buffered source of Vitamin C. Calcium ascorbate contains vitamin C, which acts as an antioxidant in the body.
Report Scope and Market Segmentation
2022 to 2029
2020 (Customizable to 2019 - 2014)
Revenue in USD Billion, Volumes in Units, Pricing in USD
By Process (Two-stage Fermentation Process and Reichstein Process) Source (Synthetic, Natural) Form (Powder, Granule, Others) Animal Type (Ruminants, Poultry, Swine, Aquaculture, and Other Animal Types) Application (Cosmetics, Pharmaceutical, Animal Feed, Food & Beverage)
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Market Players Covered
Chr. Hansen Holding A/S (Denmark), DSM (Netherlands), DuPont (U.S.), Evonik Industries (Germany), Land O'Lakes (U.S.), Mitsui & Co., Ltd. (Japan), Ohly (Denmark), Lesaffre (France), Alltech (US.), Novozymes (Denmark), Calpis Co., Ltd. (Japan), Unique Biotech (India), and Pure Cultures (U.S.).
Calcium Ascorbate for Feed Market Dynamics
- Growing focus on the prevention of livestock diseases.
The rise in demand to prevent disease outbreaks in livestock is expected to drive the growth of the calcium ascorbate feed market during the forecast period. Furthermore, the systematic development of the livestock sector in developing countries is expected to drive the growth of the need for the calcium ascorbate feed market.
- Increase in the demand for organic meat
The increase in knowledge about the availability of various types of advanced feed-in countries is expected further to cushion the growth of the calcium ascorbate feed market. Furthermore, the high demand for nutrition supplements for monogastric animals will provide additional growth opportunities for the calcium ascorbate feed market to grow in the coming years.
Furthermore, an increase in demand for organic meat from developed-country consumers and the implementation of new livestock practices, and the maintenance of high farming standards have created a positive outlook for the industry.
Increasing manufacturer players with an entry of new and improved products will act as a growth opportunity for the calcium ascorbate feed market. Furthermore, increasing research and development from the agriculture sector and growing demand from the food and beverage industry will push the market forward.
The establishment of regulatory controls on supplement usage limits is expected to stifle the growth of the calcium ascorbate feed market during the forecast period. Improving trace mineral bioavailability may pose a new challenge to developing the calcium ascorbate feed market in the near future.
This calcium ascorbate for feed market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the calcium ascorbate for feed market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Calcium Ascorbate for Feed Market
The COVID-19 pandemic shook several markets, including the feed market. The pandemic disrupted the manufacturing process and supply chain networks, resulting in significant business losses. It has had a considerable impact on the feed industry which led to the closure of many feed companies due to lockdown restrictions. As a result of the closure of feed companies, there has been a decrease in demand for vitamins. The industry suffered significant net losses due to a sharp decline in demand, realization, and profitability. As the restrictions were eased, the market for feed additives increased slightly.
- In 2021, Bioveta S.A developed natural products such as Alquerfeed Ovoponedoras, a vitamin-mineral supplement designed for layers with the ovum line to improve chicken quality.
- Trouw Nutrition, Nutreco's animal nutrition division, will invest in a new facility in Jadcherla, Hyderabad, India, in 2020. With a capacity of 20,000 metric tonnes, the new plant will manufacture vitamins and other products for all species.
- Royal DSM will open a new premix site in Hengyang in 2020, built-in in collaboration with many local partners. The official launch of DSM Vitamins Academy coincides with the opening of this new plant. The academy will be a unique platform for educating the market and sharing the most recent scientific research and practices with players in the animal feed industry.
Global Calcium Ascorbate for Feed Market Scope
The calcium ascorbate for the feed market is segmented on the basis of process, source, form and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
- Two-stage Fermentation Process
- Reichstein Process
On the basis process, the calcium ascorbate for feed market is segmented into a two-stage fermentation process, Reichstein process.
On the basis of source, the calcium ascorbate for feed market is segmented into natural and synthetic.
Based on form, the calcium ascorbate for feed market is segmented into powder, granule and others
- Animal Feed
- Food & Beverage
Based on application, the calcium ascorbate for feed market is segmented into cosmetics, pharmaceutical, animal feed, food and beverages.
Calcium Ascorbate for Feed Market Regional Analysis/Insights
The calcium ascorbate for feed market is analysed and market size insights and trends are provided by country, process, source, form and application as referenced above.
The countries covered in the calcium ascorbate for feed market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia is the most crucial pork consumption and production market, accounting for roughly half of global output. The Asia-Pacific region is the largest market for swine feed products due to the high consumption of pork meat. South-East Asia is the world's largest pork producer and exporter, followed by Europe and North America. Since ancient times, pork meat has been consumed in the region and is the most popular meat due to its high-fat content and flavor. China is the largest pork producer's market, followed by Vietnam, Thailand, South Korea, Japan, and the Philippines. Japan, South Korea, and Taiwan are saturated pork consumption markets, while Vietnam and the Philippines are emerging markets.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Calcium Ascorbate for Feed Market Share Analysis
The calcium ascorbate for feed market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to calcium ascorbate for feed market.
Some of the major players operating in the calcium ascorbate for feed market are:
- Chr. Hansen Holding A/S (Denmark)
- DSM (Netherlands)
- DuPont (U.S.)
- Evonik Industries (Germany)
- Land O'Lakes (U.S.)
- Mitsui & Co., Ltd. (Japan)
- Ohly (Denmark)
- Lesaffre (France)
- Alltech (U.S.)
- Novozymes (Denmark)
- Calpis Co., Ltd. (Japan)
- Unique Biotech (India)
- Pure Cultures (U.S.)