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Medicated Feed Market by Application with Future Investment, Key Driven (Biostadt India Ltd., Hipro Ltd. STI, Zagro, Alltech Inc.), Gross Margin, Regional Demand

Medicated Feed, Medicated Feed Market, Medicated Feed Industry, Medicated Feed Market Size, Medicated Feed Market Share, Medicated
The global medicated feed additives market is profiled in the latest research report from Market Research Future (MRFR). The study provides a detailed assessment of the major players operating in the global medicated feed additives market, providing readers with a complete overview of the competitive dynamics of the market. The historical growth trajectory of the medicated feed additives market is examined in detail in the report, which further presents future growth projections for the medicated feed additives market.
Medicated feed additives are used to enhance veterinary diets to increase disease resistance among animals. Disease outbreaks among animals have become a major concern for the veterinary sector in recent years due to the risk of human contamination. The increasing consumption of animal meat products in recent years has driven up the demand from the medicated feed additives market. Disease outbreaks among animals can be of various types, including bacterial, fungal, and viral diseases. Several of these diseases, called zoonotic diseases, can jump species and infect humans. As the consumers of animal products come in close contact with animals, awareness about the risk of human contamination through animal consumption has risen in the last few years. This is likely to be a major driver for the medicated feed additives market over the coming years, as manufacturers in the animal products industry have become more aware to the benefits of medicated feed additives and have thus started to invest in more advanced product types among medicated feed additives to achieve multiple benefits.
Enhancing the nature of animals and producing more meat and milk has also become a key target for the use of medicated feed additives. As medicated feed additives can easily be incorporated into the diet of animals, their use has risen for other uses as well. Increasing the volume of meat obtained from individual animals has become a key target for medicated feed additives. The demand for fatter, more productive animals is likely to be a major driver for the global medicated feed additives market over the forecast period. Increasing investment in livestock health management is likely to remain the key driver for the medicated feed additives market over the forecast period.
Competitive Analysis:
Leading players in the global medicated feed additives market include Biostadt India Ltd., Hipro Ltd. STI, Zagro, Alltech Inc. (Ridley), Adisseo France SAS, Purina Mills LLC, Zoetis Inc., CHS Inc., Cargill Inc., and Archer Daniels Midland Company.
Leading players in the global medicated feed additives market are likely to focus on capacity expansion and product diversity in the coming years. Adding manufacturing capacities is likely to remain a key method for progression for companies in the medicated feed additives market. In September 2019, Phibro Animal Health completed a new manufacturing site to produce Mecadox, a key additive against swine salmonella and dysentery.
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Segmentation:
The global medicated feed additives market has been segmented based on type, livestock type, category, and region.
By type, the global medicated feed additives market has been classified as antioxidants, antibiotics, probiotics and prebiotics, enzymes, amino acid, and others.
On the basis of livestock type, the global medicated feed additive market has been divided into ruminant, poultry, swine, aquaculture, and others. The poultry segment dominates the global medicated feed additives market due to the high volume of the segment.
The global medicated feed additive market has been segregated on the basis of category into
supplement, concentrate, premix feed, base mix, and others.
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Regional Analysis:
Asia Pacific holds the major market share in the medicated feed additives market due to the growing awareness about medicated feed additives in the animal feed industry in the region. The increasing volume of the animal products industry in Asia Pacific, large parts of which are becoming formalized and unified rather than remaining unidentified, is likely to provide major impetus to the medicated feed additives market over the forecast period. The increasing demand for meat products in countries such as China, Korea, Japan, Indonesia, and Vietnam is likely to drive the medicated feed additives market in the region.
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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