A significant development in the market for animal medicine is the production of medicated feed additives. In general, medicated feed additives support growth, feed efficiency, and animal health maintenance. They consist of growth hormones, fungi, medicines, minerals, vitamins, amino acids, and fatty acids. To increase manufacturing efficiency, producers of animal medications have increased the amount of medicated feed additives they produce. For instance, in January 2020, US-based ingredient producer Kemin Industries unveiled VANNIXTM C4, a cutting-edge phytogenic feed additive for poultry intestinal health. To lessen the effect of enteric problems on chicken performance, VANNIX C4 is a probiotic feed additive formulation of gut-health-fortifying substances.

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Global Animal Medicine Market study provides market data by the competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Animalcare,  Agrovet Market Animal Health, BASF India Ltd., Bayer, Animal Health Cadila Vaccines Ltd., Bimeda,  Boehringer Ingelheim GmbH, Ceva Santé Animale, Century Vaccines Limited, Chemo Argentina, DBK Pharma S.A.E., Elanco Animal Health Incorporated, HIPRA, IDT Biologika, Interfeed, Jurox Pty Ltd, Kyoritsu Seiyaku Corporation,  Merck Animal Health, MSD Animal Health, Nimrod Veterinary Products Ltd., Novartis Animal Health, Phibro Animal Health Corporation, Sanofi Animal Health Inc., UCBVET, Virbac RSA, Zoetis India.

                                                                                                                       

SPER Market Research study aims to provide market dynamics, demand and supply with yearly forecast to 2030. This report provides data for growth estimates and forecasts for product type segment – By Type of Animal {Poultry, Cattle (Dairy and Meat Purposes) Dogs and Cats, Other Companion Animals, Other Farm Animals}, By Type {Veterinary Pharmaceuticals (Veterinary Vaccines, Veterinary Antibiotics, Veterinary Parasiticides) Feed Additives (Medical Feed Additives, Nutritional Feed Additives)}, By Type of Prescription (OTC, Prescription), By Route of Administration (Oral, Intravenous Subcutaneous, Others), By Distribution Channel (Veterinary services, Online, Others).

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This report also provides the data for key regional segments of North America, Asia-Pacific, Europe, South-America and Rest of the World. 

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.