Medicated Feed Additives Market Trends, Demand and Future Growth 2030

Medicated Feed Additives Market Size - By Source, By Mixture Type, By Type, By Livestock - Regional Outlook, Competitive Strategies and Segment Forecasts to 2030

Published: Nov 2022 Base Year: 2021 Report ID: AGRI2204
Available Format: Historical Data: 2019 - 2020 Number of Pages: 1 - 256
Category : Agriculture
Global Medicated Feed Additives Market Overview:

According to SPER Market Research, the Global Medicated Feed Additives Market estimated to reach USD 23.85 billion by 2030 with a CAGR of 6.8%.

Supplements of additional nutrients or medications used in livestock feed are known as medicated feed additives. Examples of additions include vitamins, amino acids, fatty acids, minerals, medicines, fungi, and steroidal substances. Medicated feed additives can dramatically improve animal health, productivity, and output. The improvement of feed efficiency and daily gain average are two benefits of medicated feed additives. Additionally, several feed additives helped to lessen bloat, acidosis, and coccidiosis. Other feed additives are used to minimize liver abscesses, treat foot rot, suppress estrus, and suppress parasites.



Examples of medicated feed additives include ionophores, buffers, yeast cultures, and bloat prevention aids. Rumen Fermentation Modifiers Examples of nutrient partitioning agents include animal health products that control flies, worms, and diseases, as well as antibiotics. In order to make it simple for cattle producers to apply feed additives safely and effectively, the medicated feed business offers a wide choice of premix products. Frequently, products are added directly to feed. Depending on the type of feed additive, loose minerals, blocks, cubes, or pellets are the most common forms of commercially available feed additives. Feed additives cannot be marketed until authorization has been given following a scientific assessment proving the addition is secure for the environment, animals, and people.

Animal epidemic outbreaks and the transition of the livestock industry from an unorganized to an organized sector are the market's development drivers. Animals need a suitable way to administer the needed medications for greater growth so that they can give people the highest-quality food, milk, and other byproducts. A reliable and complying method is the inclusion of medications in feed. In turn, this is anticipated to fuel the Medicated Feed Additives Market's expansion throughout the ensuing years.

The industry for feed additives is concentrating on raising feed conversion rates for all significant livestock and farmed fish species in order to increase feed efficiency. By creating a standardized environmental footprint technique based on life cycle analysis and incorporating every link in the chain, the feed and livestock industries may attain sustainability. A wider range of resource efficiency indicators can be calculated with the aid of common metrics. Through resource-efficient feed manufacturing, efficient use of feed ingredients can help reduce the environmental impact of livestock husbandry. The impact on crops cultivated on land can be lessened by using byproducts from other processing companies.



Impact of COVID-19 on the Global Medicated Feed Additives Market:
COVID-19 had a negative effect on the market in 2020. The worldwide pandemic has been found to affect how well different industries operate in different places. It had an impact on phytosanitary certificates, export permits, import permits, and customs clearances. This was mainly because government offices had less workers, which caused trade consignments to be delayed and farmers to have less access to various products that were medicated feed additives. During the projection period, it is anticipated that decreased demand from fast food restaurants and rising transaction costs would have a domino effect that will drive up the price of the manufacture of medicated feed additives globally.

Scope of the report:
 Report Metric Details
 Market size available for years 2019-2030
 Base year considered 2021
 Forecast period 2022-2030
 Segments coveredBy Source, By Mixture Type, By Type, By Livestock
 Geographies coveredNorth America, Europe, Asia Pacific, Latin America, Middle East and Africa
 Companies CoveredAjinomoto, Adisseo, BASF, Bentoli, Chr. Hansen, DSM, Evonik, Global Nutrition International, Kemin Industries Inc., NUQO Feed Additives, Novus International, Inc., Nutreco, Novozymes, Palital Feed Additives B.V, TEGASA.

Global Medicated Feed Additives Industry Segmentation:

By Source: Based on the Source, Global Medicated Feed Additives Market is segmented as; Synthetic, Natural.

By Mixture Type: Based on the Mixture Type, Global Medicated Feed Additives Market is segmented as; Concentrates, Supplements, Premix Feeds, Base Mixes.

By Type: Based on the Type, Global Medicated Feed Additives Market is segmented as; Antioxidants, Antibiotics, Probiotics & Prebiotics, Enzymes, Amino Acids, Others.

By End Livestock:
 Based on the Livestock, Global Medicated Feed Additives Market is segmented as; Livestock, Ruminants, Poultry, Swine, Aquaculture, Others.

By Region: The Global Medicated Feed Additives Market is majorly driven by Asia-Pacific. During the projected period, Asia-Pacific is anticipated to have the quickest rate of growth in the worldwide Global Medicated Feed Additives Market. 

1. Introduction
1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology
1.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.1 Market size estimation
2.1.1 Top-down and Bottom-up approach
3.1 Data triangulation

3. Executive Summary

4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges 
4.2. COVID-19 Impacts of the Global Medicated Feed Additives Market

5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis

6. Global Medicated Feed Additives Market, By Source, 2019-2030 (USD Million)
6.1. Synthetic
6.2. Natural

7. Global Medicated Feed Additives Market, By Mixture Type, 2019-2030 (USD Million)
7.1. Concentrates
7.2. Supplements
7.3. Premix Feeds
7.4. Base Mixes

8. Global Medicated Feed Additives Market, By Type, 2019-2030 (USD Million)
8.1. Antioxidants
8.2. Antibiotics
8.3. Probiotics & Prebiotics
8.4. Enzymes
8.5. Amino Acids
8.6. Others

9. Global Medicated Feed Additives Market, By Livestock, 2019-2030 (USD Million)
9.1. Ruminants
9.2. Poultry
9.3. Swine
9.4. Aquaculture
9.5. Others

10. Global Medicated Feed Additives Market, By Region, 2019-2030 (USD Million)

10.1. North America
10.1.1. United States
10.1.2. Canada
10.1.3. Mexico
10.2. Europe
10.2.1. Germany
10.2.2. United Kingdom
10.2.3. France
10.2.4. Italy
10.2.5. Spain
10.2.6. Rest of Europe
10.3. Asia-Pacific
10.3.1. China
10.3.2. Japan
10.3.3. India
10.3.4. Australia
10.3.5. South Korea
10.3.6. Rest of Asia-Pacific
10.4. South America
10.4.1. Brazil
10.4.2. Argentina
10.4.3. Rest of South America
10.5. Middle East & Africa
10.5.1. Kingdom of Saudi Arabia 
10.5.2. United Arab Emirates
10.5.3. Rest of Middle East & Africa

11. Company Profiles
11.1. Ajinomoto
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary 
11.1.4. Recent developments

11.2. Adisseo
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary 
11.2.4. Recent developments

11.3. BASF
11.3.1. Company details 
11.3.2. Financial outlook
11.3.3. Product summary 
11.3.4. Recent developments

11.4. Bentoli
11.4.1. Company details 
11.4.2. Financial outlook
11.4.3. Product summary 
11.4.4. Recent developments

11.5. Chr. Hansen
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments

11.6. DSM
11.6.1. Company details 
11.6.2. Financial outlook
11.6.3 Product summary 
11.6.4. Recent developments

11.7. Evonik
11.7.1. Company details 
11.7.2. Financial outlook
11.7.3. Product summary 
11.7.4. Recent developments

11.8. Global Nutrition International
11.8.1. Company details 
11.8.2. Financial outlook
11.8.3. Product summary 
11.8.4. Recent developments

11.9. Kemin Industries Inc.
11.9.1. Company details 
11.9.2. Financial outlook
11.9.3. Product summary 
11.9.4. Recent developments

11.10. NUQO Feed Additives
11.10.1. Company details 
11.10.2. Financial outlook
11.10.3. Product summary 
11.10.4. Recent developments

11.11. Novus International
11.11.1. Company details 
11.11.2. Financial outlook
11.11.3. Product summary 
11.11.4. Recent developments
 
11.12. Nutreco
11.12.1. Company details 
11.12.2. Financial outlook
11.12.3. Product summary 
11.12.4. Recent developments

11.13.  Novozymes
11.13.1. Company details 
11.13.2. Financial outlook
11.13.3. Product summary 
11.13.4. Recent developments

11.14. Palital Feed Additives B.V
11.14.1. Company details 
11.14.2. Financial outlook
11.14.3. Product summary 
11.14.4. Recent developments
 
11.15.  TEGASA
11.15.1. Company details 
11.15.2. Financial outlook
11.15.3. Product summary 
11.15.4. Recent developments

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings.  The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

SPER-Methodology-1

SPER-Methodology-2

SPER-Methodology-3


Frequently Asked Questions About This Report
Medicated feed additives have the potential to significantly improve animal health, productivity, and output. Two advantages of medicated feed additives are increased feed efficiency and daily gain average.
The Medicated Feed Additives Market segment is Covered By Source, By Mixture Type, By Type, By Livestock.
The Medicated Feed Additives Market is projected to reach USD 23.85 billion by 2030, growing at a CAGR of 6.8% during the forecast period.
The Medicated Feed Additives Market grew in market size from 2021. The Market is expected to reach USD 23.85 billion by 2030, at a CAGR of 6.8% during the forecast period.
The Medicated Feed Additives Market CAGR of 6.8% during the forecast period.
The North America region is anticipated to have the highest market share in the Medicated Feed Additives Market.
The key players in the market include Ajinomoto, Adisseo, BASF, Bentoli, Chr. Hansen, DSM, Evonik, Global Nutrition International, Kemin Industries Inc., NUQO Feed Additives, Novus International, Inc., Nutreco, Novozymes, Palital Feed Additives B.V, TEGASA.
The Medicated Feed Additives Market size is USD 23.85 billion from 2022 to 2030.
Not able to find what you are looking for? Need customization in the existing report?
Click Here
PLACE AN ORDER
  • 15% off
     
    $ 4250
  • 20% off
             
    $ 5650
  • 25% off
         
    $ 7450
Pre-Purchase Inquiry
SEND AN INQUIRY
NEED CUSTOMIZATION?
Request Customization
100% Secure Payment

SPER American Express
SPER VISA
SPER Master Card
SPER Mestro
SPER Paypal
SPER CCAvenues

Join SPER Panel

Our Global Clients

Our data-driven insights have influenced the strategy of 200+ reputed companies across the globe.
SPER-Astellas Pharma
SPER-Citi Bank
SPER-Microsoft
SPER-EY
SPER-Sanofi
SPER-p&g
SPER-Johnson & Johnson
SPER-SIEMENS
SPER-LOREAL
SPER-Pfizer
SPER-IPSOS
SPER-Heineken
SPER-IQVIA
SPER-Kankar IMRB
SPER-Astellas Pharma
SPER-Citi Bank
SPER-Microsoft
SPER-EY
SPER-Sanofi
SPER-p&g
SPER-Johnson & Johnson
SPER-SIEMENS
SPER-LOREAL
SPER-Pfizer
SPER-IPSOS
SPER-Heineken
SPER-IQVIA
SPER-Kankar IMRB

SPER

Market Research

We are the leading, full-service global market research and consulting company.

Certificates
iso-1 iso-1
Secure Payments
SPER Payment Options
Connect with us