MarketSegmentation
By Product Type:
1% Biotin
2% Biotin
Others
By Application:
Animal Nutrition
Animal Health
Others
Market Value
Market Size (2023): USD 136 million
Projected Market Size (2032): USD
174.37 million
Compound Annual Growth Rate (CAGR): 2.80% during the forecast period
Market Opportunities
Drivers: Emerging Markets in Asia-Pa
quality animal products in co India.
Product Innovation: Developm enriched feed products.
Focus on Animal Health and leading to higher adoption of
Key Players/Stakeholders
Major Companies Leading the Industry: Zhejiang Medicine
Regional Analysis
North America: Market size of USD 37.16 million in 2023; CAGR of 2.40% from 2024 to 2032.24 Chemical Research
Europe: Significant growth with contributions from Germany, UK, and France.
Asia-Pacific: Rapid growth driven by increasing demand for quality animal feed.
About Us
•Established in 2015, 24Chemical Research specializes in providing comprehensive chemical industry research and analysis to support businesses in making well-informed decisions in this ever-evolving sector. Since our inception, we have been dedicated to delivering in-depth market research, identifying key trends, opportunities, and challenges shaping the global chemical industry.
