Medicated Feed Additives Market Size and Growth Rate:

“The Global Medicated Feed Additives Market was valued at US$ 1,371.8 Mn in 2018 and is expected to grow at a significant CAGR over six years forecast period 2019-2025 owing to increasing demand for meat and dairy products”

Medicated Feed Additives Market Growth Drivers and Restraints:

The global medicated feed additives market was valued at US$ 1,371.8 Mn in 2018 and growing at a CAGR of 6.0% over the forecast period owing to increasing intake of meat and dairy products and rising concerns about the health of livestock and development of processed products. Furthermore, the increasing population and growth in instances of epidemic outbreak in livestock in emerging countries is expected to enhance the growth of the market over the forecast years. However, stringent regulatory framework and ambiguity in world economy are the major factors anticipated to restrain the growth of the market over the future years.

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Poultry segment accounted for higher revenue share

Based on livestock type, global medicated feed additives market is segmented into Poultry, Swine, Bovine, Canine, Feline, and Others. Poultry segment accounted for the largest market share in 2018 and is expected to grow with highest CAGR over the forecast period owing to growing consumption of poultry products; it has become significant for meat producers to concentrate on the superiority of additives nourished to poultry. This fuels the market to offer complete nutritional feed for poultry birds.
Asia Pacific holds leading position in Global Medicated Feed Additives Market

PBI’s global medicated feed additives market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. According to regional analysis, Asia Pacific is expected to account for larger revenue share in 2018 and the same trend is projected to follow over 2019-2025 owing to rising consumption of medicated feed additives owing to the growing population and mandate for quality meat products. Key players focus on R&D to improve products following to European regulations for medicated feed additives. Meanwhile, these regulations are deliberated to be benchmarks in terms of certain feed additives.
Recent Developments in the Global Medicated Feed Additives Market

 In May 2017, Zoetis has expanded manufacturing and global supply capacity in Kalamazoo, Mich.
 In January 2016, Adisseo and Novozymes announced the launch of their probiotic for poultry, Alterion, on the U.S. market as well as in a number of countries in the Middle East and South Asia.

Key player’s profiles in the report are Zoetis Inc., BASF SE, Cargill, Inc., Koninklijke DSM N.V, Evonik Industries AG, Novozymes A/S, Nutreco N.V., and Phibro, Archer Daniels Midland Company, CHS Inc.

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Detailed Segmentation of Medicated Feed Additives Market:

By Product Type
o Antibiotics
o Antioxidants
o Vitamins & Amino acids
o Prebiotics
o Probiotics
o Others

By Mixture Type
o Base Mixes
o Premixes
o Supplements
o Others

By Livestock
o Poultry
o Swine
o Bovine
o Canine
o Feline
o Others

Geography

o North America
o Europe
o Asia-Pacific
o Latin America
o Middle East and Africa (MEA)
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