Global Medicated Feed Additives market, By Type (Amino Acids, Tryptophan, Lysine, Methionine, Threonine, Feed Enzymes, Phytase, Non-Starch Polysaccharides, Other Enzymes, Antibiotics, Acidifiers, Antioxidants, Natural, Synthetic and Others), Mixture Type (Supplements, Concentrates, Premix Feeds, Base Mixes), Livestock (Ruminants, Poultry, Swine, Aquaculture, Others), Category (Supplement, Concentrate, Premix Feed, Base Mix, Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Chile, Argentina, Rest of South America, UAE, Saudi Arabia, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The medicated feed additives market is expected to witness market growth at a rate of 5.1% in the forecast period of 2021 to 2028 and is further estimated to reach 20.261 USD billion by 2028. Data Bridge Market Research report on medicated feed additives market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the disease outbreaks in animals is escalating the growth of medicated feed additives market.
Medicated feed additives can be referred to as the veterinary nutrients and medicines that are included to the livestock feed. They are an efficient method of providing medicines to animals. The additives comprise of crucial vitamins, minerals, trace elements, antioxidants, preservatives, antibiotics, and other related ingredients.
Major factors that are expected to boost the growth of the medicated feed additives market in the forecast period are the widespread outbreaks in the animals. Furthermore, the change in the livestock industry from an unorganized sector to an organized one is further anticipated to propel the growth of the medicated feed additives market. On the other hand, the strict guidelines concerning the utilization of the medicated feed additives and few medicated feed ingredients posing danger to the humans is further estimated to impede the growth of the medicated feed additives market in the timeline period.
In addition, the application of advanced animal husbandry practices to enhance the quality of meat will further provide potential opportunities for the growth of the medicated feed additives market in the coming years. However, the replacement by the organic products might further challenge the growth of the medicated feed additives market in the near future.
This medicated feed additives market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised 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 medicated feed additives market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Medicated Feed Additives Market Scope and Market Size
The medicated feed additives market is segmented on the basis of product type, mixture type, livestock, and category. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product type, the medicated feed additives market is segmented into amino acids, tryptophan, lysine, methionine, threonine, feed enzymes, phytase, non-starch polysaccharides, other enzymes, antibiotics, acidifiers, antioxidants, natural, synthetic and others.
- On the basis of mixture type, the medicated feed additives market is segmented into supplements, concentrates, premix feeds, base mixes.
- On the basis of livestock, the medicated feed additives market is segmented into ruminants, poultry, swine, aquaculture, others.
- On the basis of category, the medicated feed additives market is segmented into supplement, concentrate, premix feed, base mix, others.
Medicated Feed Additives Market Country Level Analysis
The medicated feed additives market is analysed and market size, volume information is provided by country ,product type, mixture type, livestock, and category as referenced above.
The countries covered in the medicated feed additives market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the medicated feed additives market due to the rise in the need for meat and dairy products. Furthermore, the growing awareness about the health of livestock will further boost the growth of the medicated feed additives market in the region during the forecast period. Asia-Pacific is projected to observe significant amount of growth in the medicated feed additives market due to the rise in the need for quality meat products by the increasing population. Moreover, growing prevalence of the epidemic outbreaks in livestock is further anticipated to propel the growth of the medicated feed additives market in the region in the coming years.
The country section of the medicated feed additives market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, 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.
Medicated Feed Additives Market Share Analysis
The medicated feed additives 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 medicated feed additives market.
The major players covered in the medicated feed additives market report are ADM, Cargill, Incorporated., CHS Inc., Zoetis Inc., Land O’Lakes, Inc, Delacon Biotechnik GmbH, Biomin GmbH, Dow, Natural Remedies, Synthite Industries Ltd., Adisseo, Alltech, Zagro, Hipro Ic Ve Dis Ticaret San.ve Tic Ltd.sti., Biostadt India Limited., BASF SE, Evonik Industries AG, Nutreco N.V., Novozymes, Phibro Animal Health Corporation., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Medicated Feed Additives Market
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