Medical Feed Additives Market 2020 Precise Outlook - Zoetis Inc., Cargill, Incorporated (US), CHS Inc., Purina Animal Nutrition (Land O' Lakes), Archer Daniels Midland Company

The Medical Feed Additives Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The global medical feed additives market was valued at about $13.01 billion in 2018 and is expected to grow to $16.3 billion at a CAGR of 5.8% through 2022.

Make an Inquiry about this report:
https://bit.ly/35NvUav

The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Medical Feed Additives Market: Zoetis Inc., Cargill, Incorporated (US), CHS Inc., Purina Animal Nutrition (Land O' Lakes), Archer Daniels Midland Company and others.

Industry News:

MINNEAPOLIS (October 8, 2019) --Cargill today introduced Feeding Intelligence, a new platform aimed at helping animal farmers navigate the changing food production landscape while raising awareness of their role as everyday heroes.
"Today's farmers face countless challenges, from keeping up with a rapidly changing industry to navigating the demands of consumers around the way animals are raised," said David Webster, president of Cargill's Animal Nutrition & Health business. "They are the heroes who nourish the growing world. But being a hero is a difficult job. That's why Cargill is committed to supporting those who feed the world, equipping them with the resources, tools and solutions necessary to raise animals more sustainability, more responsibly--more intelligently."

Monday, March 7, 2011: Durham, NC--Pfizer Poultry Health has introduced a broader, diversified portfolio of products and services with the acquisition of Alpharma LLC as part of Pfizer's acquisition of King Pharmaceuticals. With the acquisition of Alpharma, Pfizer Poultry Health now offers a wider portfolio of products and services than any other global poultry healthcare provider.
"The integration expands Pfizer Poultry Health's product portfolio and broadens the range of healthcare solutions we can offer our poultry customers. It allows us to enter new therapeutic fields and deliver increased expertise to poultry producers," said José Francisco Ortiz C., Vice President, Pfizer Poultry Health & New Established Brands. With this acquisition, Pfizer Poultry Health gains a portfolio of medicated feed additives, water-soluble therapeutics and probiotics and enters the poultry nutrition sector. These products complement Pfizer's existing range of biologicals, pharmaceuticals and devices and establish Pfizer as a full solutions provider to poultry producers, according to Ortiz. "Our customers will continue to benefit from the skill and expertise of our field team, our industry-leading programs and services and unwavering customer focus."

Friday, May 08, 2020 Hyderabad: Zoetis India, part of the US-based and world's largest animal health company Zoetis Inc that makes medicines and vaccines for livestock and pets, is looking to expand its presence in India by providing products and bio-devices to help the dairy, poultry, companion animal and aqua sectors.
The company plans to step up efforts in the areas of bio-security, vaccination and automation in India in the coming years. Zoetis believes in continuum of care focusing on predicting the disease in cattle and other animal species using genomics and provide vaccines across species. The company has a diagnostics division that helps in detecting the disease.

Market Overview:

Increase in prevalence of diseases among animals is driving the growth of the medicated feed additives market. According to the estimates from report by Defra, 2017, the prevalence rate of bovine tuberculosis (TB) in cattle increased in England from 5.7% in 2016 to 6% in 2017. Bovine tuberculosis is a chronic disease which usually affects animals such as cattle, but it can affect all mammals causing illness, coughing and eventual death. Also, in June 2017, the rate of new herd incidents per 100 herd years at risk stood at 10.7, compared with 10.1 in June 2016, indicating the level of risk of cattle. A new herd incident is a case of bovine TB that occurs as a result of a herd or individual animal test performed in an officially TB-free (OTF) herd during the study period. Moreover, according to the reports in The Pan African Medical Journal, 2018, Nigeria revealed the prevalence of bovine tuberculosis up to 15.1%. The additives help prevent animals from diseases alongside increasing the nutrition level of the feed thereby increasing demand for feed additives.

The overuse and inappropriate use of antibiotics in medical feed additives impacts the health of individuals consuming the animal meat or other related products. Moreover, the health of the animal consuming the feed may also be adversely affected by the antibiotics added to the feed as the excess additive reduces the natural immunity of the animal and increases susceptibility of the livestock to infections. For instance, in 2016, the Chinese Ministry of Agriculture banned the use of the antibiotic Colistin as a feed additive for animals when the UK-China antimicrobial research found that Colistin, a drug used to treat pneumonia and malaria in humans, when consumed by humans through animal meat makes the drug less effective to treat pneumonia and malaria in humans. The ban resulted in the withdrawal of more than 8,000 tons of Colistin as a growth promoter from the Chinese medicated feed additive market sector and directing all the manufacturers to update the feed formulation. The negative effects of additives on human health will restrain the growth of the market.

Companies in the medical feed additives market are introducing new feed medicated additives formed as a result of combination of two or more medicated feed additives. More than 70% of manufacturers are now using more than one feed additive in animal feed to increase the efficiency of the product. For instance, in 2018, Zoetis, a global health company got the approval for its Cyden and Lincomix combination feed additive from the FDA (Food and Drug Administration) and is proposed to be used as medicated feed additive for poultry. Also, in 2015, FDA approved combination of Zoetis feed additives ACTOGAIN 45 (ractopamine hydrochloride) and ENGAIN (ractopamine hydrochloride) that makes more lean muscle and less fat while optimizing feed efficiency.

The medical feed additives market is regulated by government agencies which lay down regulations to be followed by all the manufacturers of veterinary medicines. For instance, the Veterinary Medicines Regulations (VMR) 2013 makes provision for the authorization, manufacturing and classification of veterinary products including medicated feed additives. The Schedule 5 under EU guidelines covers medicated feeding stuffs and specified feed additives which specifies guidance to both manufactures and suppliers of veterinary medicines for incorporating it into animal feed as well as to veterinary surgeons, animal keepers and other members involved in the use of veterinary medicines and SFAs(Specified Feed Additives)in animal feeding stuffs.

In February 2019, Archer Daniels Midland Company (ADM), an American global food processing and commodities trading company acquired Neovia for $1.74 billion (1.544 billion). This acquisition helps ADM to become a global leader in animal nutrition products and services with Neovia adding a wide range of products to the former company's portfolio including pet care, additives, aquaculture, and livestock feed which would in turn boost the growth of the company. Neovia is headquartered in France was established in 1954 and manufactures and distributes various biologically degradable disinfectants along with feed additives for plants and animals.

Browse in-depth and report summary TOC on "Medical Feed Additives" Market:
https://bit.ly/2YJKmPq

Regional Analysis For Medical Feed Additives Market:

For comprehensive understanding of market dynamics, the global Medical Feed Additives market is analyzed across key geographies namely:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

Medical Feed Additives Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger and acquisitions along with trending innovation and business policies are reviewed in the report. The report contains basic, secondary and advanced information pertaining to the Market global status and trend, market size, share, growth, trends analysis, segment and forecasts from 2020-2023.

Following are major Table of Content of Medical Feed Additives Market:

- Global Market Overview, Drivers, Restraints and Opportunities, Segmentation overview
- Global Market competition by top Players
- Analysis by Regions
- Consumption by Regions
- Consumption, By Types, Revenue and Market share by Types
- Consumption, By Applications, Market share (%) and Growth Rate by Applications
- Complete profiling and analysis of Players
- Industrial Chain, Sourcing Strategy and Downstream Buyers
- Marketing Strategy Analysis, Distributors/Traders
- Global Market Effect Factors Analysis
- Global Market Forecast
- Global Market Research Findings and Conclusion, Appendix, methodology and data source

Finally, all aspects of the Global Market are quantitatively as well qualitatively assessed to study the Global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects. The report supplies the international economic competition with the assistance of Porter's Five Forces Analysis and SWOT Analysis.

We Offer Customization On Report Based On Specific Client Requirement:

- Free country Level analysis for any 5 countries of your choice.
- Free Competitive analysis of any 5 key market players.
- Free 40 analyst hours to cover any other data point.

How we have factored the effect of Covid-19 in our report:

All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

CONTACT US:
Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

ABOUT US:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.