Medical Feed Additives Market 2023-32 : Industry Analysis, Size, Share, Growth And Forecast | Zoetis Inc., Cargill, Incorporated, CHS Inc., Purina Animal Nutrition, Archer Daniels Midland Company, Adisseo France Sas
As per the medical feed additives market report by The Business Research Company, the increase in the prevalence of diseases among animals is driving the growth of the medicated feed additives market. According to estimates from a report by the Animal and Plant Health Agency, a total of 3289 new TB herd incidents were detected in England. 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.
The global medical feed additives market size will grow from $14.38 billion in 2022 to $15.6 billion in 2023 at a compound annual growth rate (CAGR) of 8.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global medical feed additives market size is expected to grow to $20.75 billion in 2027 at a CAGR of 7.4%.
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Major players in the medical feed additives market are Zoetis Inc., Cargill, Incorporated, CHS Inc., Purina Animal Nutrition, Archer Daniels Midland Company, Adisseo France Sas, Alltech Inc., Hipro Animal Nutrition, BASF SE, Biostadt India Limited.
The Medical Feed Additives market is segmented -
1) By Type: Antioxidants, Antibiotics, Probiotics And Prebiotics, Enzymes, Amino Acids
2) By Livestock: Ruminants, Poultry, Swine, Aquaculture
3) By Mixture Type: Supplements, Concentrates, Premix Feeds, Base Mixes
4) By Class type: Type A, Type B, Type C
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Medical feed additives are various types of products used in animal nutrition to improve the nutritional content and quality of feed, or to improve the health and performance of animals. They help improve the nutritional content and quality of feed, resulting in higher productivity and disease prevention.
The Table Of Content For The Medical Feed Additives Market Include:
1. Executive Summary
2. Medical Feed Additives Market Characteristics
3. Medical Feed Additives Market Trends And Strategies
4. Medical Feed Additives Market - Macro Economic Scenario
5. Medical Feed Additives Market Size And Growth
27. Medical Feed Additives Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Medical Feed Additives Market
29. Medical Feed Additives Market Future Outlook and Potential Analysis
The "Global Medical Feed Additives Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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