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Emerging Medical Feed Additives Market Trends: Innovative Combinations In Medicated Feed Additives Enhance Animal Health And Efficiency Shaping the Future of the Industry
Medical Feed Additives
Medical Feed Additives Market Size Growth Forecast: What to Expect by 2025?
The market size for medical feed additives has seen substantial growth in the past few years. Projected to escalate from $14.91 billion in 2024 to $16.07 billion in 2025, it is expected to grow at a compound annual growth rate (CAGR) of 7.7%. Factors such as livestock health and productivity, disease prevention, dietary supplements, and an increase in meat and dairy production have contributed to this notable growth in the historic period.
How Will the Medical Feed Additives Market Size Evolve and Grow by 2029?
In the upcoming years, the market size of medical feed additives is projected to experience significant growth. The market is anticipated to reach a value of $20.86 billion by 2029, growing at a compound annual growth rate (CAGR) of 6.7%. This growth during the forecast period is primarily due to factors like sustainable animal agriculture, alternatives to antibiotics, precision livestock farming, as well as the focus on nutrition and health. The main trends during this period encompass sustainability and animal welfare, precision nutrition, alternative sources of protein, and education and training.
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What Drivers Are Propelling the Growth of Medical Feed Additives Market Forward?
The heightened incidence of diseases among animals is fueling the expansion of the medicated feed additives market. For example, the World Health Organization, which is a Switzerland-based United Nations' specialized body in charge of overseeing global public health, reported in July 2023 that the World Organization for Animal Health had received notifications about outbreaks of H5N1 high pathogenicity avian influenza in livestock and wild birds. This outbreak was reported across five continents and 67 countries, resulting in roughly 131 million domestic birds being killed due to the disease or preventative culls in 2022. These feed additives not only protect animals from illnesses but also elevate the nutrition level of the feed. Consequently, the demand for feed additives is on the rise.
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Which Emerging Trends Are Transforming the Medical Feed Additives Market in 2025?
Firms in the medicinal feed additives sector are launching innovative medicated feed additives, which are a fusion of two or more such components. Over 70% of these producers now incorporate multiple feed additives into animal feed to boost its effectiveness. For instance, Zoetis, an international health organization, has obtained FDA (Food and Drug Administration) approval for its Cyden and Lincomix combination feed additive, intended for use as a poultry medicated feed supplement. Moreover, the FDA-endorsed mix of Zoetis' feed supplements, ACTOGAIN 45 (ractopamine hydrochloride) and ENGINE (ractopamine hydrochloride), promotes leaner muscle growth, reduces fat and optimizes feed effectiveness.
What Are the Key Segments in the Medical Feed Additives Market?
The medical feed additives market covered in this report is segmented -
1) By Type: Antioxidants, Antibiotics, Probiotics And Prebiotics, Enzymes, Amino Acids
2) By Mixture Type: Supplements, Concentrates, Premix Feeds, Base Mixes
3) By Class type: Type A, Type B, Type C
4) By Livestock: Ruminants, Poultry, Swine, Aquaculture
Subsegments:
1) By Antioxidants: Vitamin E, Vitamin C, Selenium, Other Antioxidants
2) By Antibiotics: Tetracyclines, Penicillins, Sulfonamides, Macrolides, Other Antibiotics
3) By Probiotics And Prebiotics: Lactobacillus, Bifidobacterium, Other Probiotics, Fructooligosaccharides (FOS), Galactooligosaccharides (GOS), Other Prebiotics
4) By Enzymes: Phytase, Protease, Amylase, Cellulase, Other Enzymes
5) By Amino Acids: Lysine, Methionine, Threonine, Tryptophan, Other Amino Acids
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Who Are the Key Players Shaping the Medical Feed Additives Market's Competitive Landscape?
Major companies operating in the medical feed additives market include Zoetis Inc., Cargill Incorporated, CHS Inc., Purina Animal Nutrition LLC, Archer Daniels Midland Company, Adisseo France Sas, Alltech Inc., Hipro Animal Nutrtion, BASF SE, Biostadt India Limited, Zagro Co. Ltd., Koninklijke DSM NV, Novozymes AS, Nutreco N.V., Phillip Brothers Chemicals Inc., Evonik Industries AG, Diamond V, neovia logistics holdings Ltd., Delacon Biotech Nik GmbH, Abaxis Inc., Wen's Food Group, Muyuan Foodstuff, BRF Brasil Foods, Tyson Foods, ForFarmers N.V, Kemin Industries, DuPont de Nemours Inc., Solvay SA, Ajinomoto Co. Inc., Chr. Hansen A/S, Red Nucleus, HI-PRO Feeds, Novus International Inc., Provimi Holding B.V., Lallemand Inc., Pancosma S.A., Trouw Nutrition International B.V., Anpario plc, Biovet JSC, BioResource International Inc.
What Geographic Markets Are Powering Growth in the Medical Feed Additives Market?
North America was the largest region in the medical feed additives market in 2023. Asia-Pacific was the second-largest region in the medical feed additives market. The regions covered in the medical feed additives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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