Medicated Feed Additives Market Growth, Size, Trends, Demand Revenue and Future Outlook
Medicated Feed Additives Market Size- By Source, By Mixture Type, By Type, By Livestock- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Nov-2022 | Report ID: AGRI2204 | Pages: 1 - 256 | Formats*: |
| Category : Agriculture | |||
Global Medicated Feed Additives Market Overview
According to SPER Market Research, the Global Medicated Feed Additives Market is estimated to reach USD 22.82 billion by 2033 with a CAGR of 5.41%.
Medicated feed additives are extra nutrients or pharmaceutical supplements incorporated into livestock feed. These additives include vitamins, amino acids, fatty acids, minerals, medications, fungi, and steroidal compounds. They have the potential to greatly enhance animal health, productivity, and overall output. Two key benefits of medicated feed additives are improved feed efficiency and increased average daily weight gain. Additionally, certain additives help in reducing issues like bloat, acidity, and coccidiosis. Other additives are utilized for treating foot rot, minimizing liver abscesses, controlling estrus, and suppressing parasites.
Exploring the Growth Drivers of the Global Medicated Feed Additives Industry.
Various development reasons, including rising demand for animal protein, are propelling the global medicated feed additives sector. Demand for animal protein has increased due to the world's growing population and rising economic levels. This has raised demand for medicated feed additives, which can assist enhance animal health and production. In recent years, the prevalence of numerous animal diseases such as swine flu, avian influenza, and foot-and-mouth disease has increased. Medicated feed additives can aid in the prevention and treatment of certain diseases, increasing demand for these products. Consumers are becoming increasingly concerned about animal health and welfare, resulting in an increase in demand for items that improve animal health. Medicated feed additives can assist enhance cattle health, this has resulted in greater investment in the region's industry, propelling growth in the global market.
What challenges does the Global Medicated Feed Additives Market face?
The global medicated feed additives industry confronts various hurdles, including regulatory restraints. The use of medicated feed additives is regulated by several government authorities, which may put restrictions on the use of these items. Farmers may be unwilling to employ items that are subject to regulatory scrutiny, which may limit the market potential for medicated feed additives. Antibiotic abuse in animal feed has resulted in the growth of antibiotic-resistant microorganisms, posing a threat to human health. This has heightened scrutiny of the use of antibiotics in animal feed, thereby limiting the market potential for antibiotic-containing medicated feed additives. Medicated feed additives can be costly, which limits their use in some markets. This is especially difficult for small farmers who may not be able to afford these products.
In what ways has the COVID-19 pandemic affected Global Medicated Feed Additives Market?
COVID-19 had a negative impact on the market. The global pandemic has been proven to have an impact on how successfully certain industries run in various locations. It affected phytosanitary certificates, export and import permits, and customs clearances. This was primarily due to fewer staff in government offices, which caused trade consignments to be delayed and farmers to have less access to various medicated feed additives. During the projection period, it is expected that decreased demand from fast food restaurants and rising transaction costs will have a domino effect, raising the price of medicated feed additive manufacturing globally.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Source, By Mixture Type, By Type, By Livestock |
| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America |
| Companies Covered | Ajinomoto, Adisseo, BASF, Bentoli, Chr. Hansen, DSM, Evonik, Global Nutrition International, Kemin Industries Inc., NUQO Feed Additives, Novus International, Nutreco, Novozymes, Palital Feed Additives B.V, TEGASA, Others |
Key Target Audience
- Feed Manufacturers
- Government and Regulatory Authorities
- Investors and Financial Institutions
- Livestock Farmers
- Research Organizations
- Veterinary Drug Manufacturers
Global Medicated Feed Additives Market Segmentation:
1. By Source:
- Global Medicated Feed Additives Market Value Share and Forecast, By Source, 2023-2033
- Natural
- Synthetic
2. By Mixture Type:
- Global Medicated Feed Additives Market Value Share and Forecast, By Mixture Type, 2023-2033
- Base Mixes
- Concentrates
- Premix Feeds
- Supplements
3. By Type:
- Global Medicated Feed Additives Market Value Share and Forecast, By Type, 2023-2033
- Amino Acids
- Antibiotics
- Antioxidants
- Enzymes
- Probiotics & Prebiotics
- Others
4. By Livestock:
- Global Medicated Feed Additives Market Value Share and Forecast, By Livestock, 2023-2033
- Aquaculture
- Poultry
- Ruminants
- Swine
- Others
5. By Region:
- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- Latin America
Key Topics Covered in the Report
- Global Medicated Feed Additives Market Size (FY’2023-FY’2033)
- Overview of Global Medicated Feed Additives Market
- Segmentation of Global Medicated Feed Additives Market By Source (Natural, Synthetic)
- Segmentation of Global Medicated Feed Additives Market By Mixture Type (Base Mixes, Concentrates, Premix Feeds, Supplements)
- Segmentation of Global Medicated Feed Additives Market By Type (Amino Acids, Antibiotics, Antioxidants, Enzymes, Probiotics & Prebiotics, Others)
- Segmentation of Global Medicated Feed Additives Market By Livestock (Aquaculture, Poultry, Ruminants, Swine, Others)
- Statistical Snap of Global Medicated Feed Additives Market
- Growth Analysis of Global Medicated Feed Additives Market
- Problems and Challenges in Global Medicated Feed Additives Market
- Competitive Landscape in the Global Medicated Feed Additives Market
- Impact of COVID-19 and Demonetization on Global Medicated Feed Additives Market
- Details on Recent Investment in Global Medicated Feed Additives Market
- Competitive Analysis of Global Medicated Feed Additives Market
- Key Players in the Global Medicated Feed Additives Market
- SWOT Analysis of Global Medicated Feed Additives Market
- Global Medicated Feed Additives Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Medicated Feed Additives Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Medicated Feed Additives Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Medicated Feed Additives Market
7. Global Medicated Feed Additives Market, By Source (USD Million)
7.1. Global Medicated Feed Additives Market Value Share and Forecast, By Source, 2023-20337.2. Natural7.3. Synthetic
8. Global Medicated Feed Additives Market, By Mixture Type (USD Million)
8.1. Global Medicated Feed Additives Market Value Share and Forecast, By Mixture Type, 2023-20338.2. Base Mixes8.3. Concentrates8.4. Premix Feeds8.5. Supplements
9. Global Medicated Feed Additives Market, By Type (USD Million)
9.1. Global Medicated Feed Additives Market Value Share and Forecast, By Type, 2023-20339.2. Amino Acids9.3. Antibiotics9.4. Antioxidants9.5. Enzymes9.6. Probiotics & Prebiotics9.7. Others
10. Global Medicated Feed Additives Market, By Livestock (USD Million)
10.1. Global Medicated Feed Additives Market Value Share and Forecast, By Livestock, 2023-203310.2. Aquaculture10.3. Poultry10.4. Ruminants10.5. Swine10.6. Others
11. Global Medicated Feed Additives Market Forecast, 2019-2033 (USD Million)
11.1. Global Medicated Feed Additives Market Size and Market Share
12. Global Medicated Feed Additives Market, By Source, 2019-2033 (USD Million)
12.1. Global Medicated Feed Additives Market Size and Market Share By Source (2019-2026)12.2. Global Medicated Feed Additives Market Size and Market Share By Source (2027-2033)
13. Global Medicated Feed Additives Market, By Mixture Type, 2019-2033 (USD Million)
13.1. Global Medicated Feed Additives Market Size and Market Share By Mixture Type (2019-2026)13.2. Global Medicated Feed Additives Market Size and Market Share By Mixture Type (2027-2033)
14. Global Medicated Feed Additives Market, By Type, 2019-2033 (USD Million)
14.1. Global Medicated Feed Additives Market Size and Market Share By Type (2019-2026)14.2. Global Medicated Feed Additives Market Size and Market Share By Type (2027-2033)
15. Global Medicated Feed Additives Market, By Livestock, 2019-2033 (USD Million)
15.1. Global Medicated Feed Additives Market Size and Market Share By Livestock (2019-2026)15.2. Global Medicated Feed Additives Market Size and Market Share By Livestock (2027-2033)
16. Global Medicated Feed Additives Market, By Region, 2019-2033 (USD Million)
16.1. Global Medicated Feed Additives Market Size and Market Share By Region (2019-2026)16.2. Global Medicated Feed Additives Market Size and Market Share By Region (2027-2033)16.3. Asia-Pacific
16.3.1. Australia16.3.2. China16.3.3. India16.3.4. Japan16.3.5. South Korea16.3.6. Rest of Asia-Pacific
16.4. Europe
16.4.1. France16.4.2. Germany16.4.3. Italy16.4.4. Spain16.4.5. United Kingdom16.4.6. Rest of Europe
16.5. Middle East and Africa
16.5.1. Kingdom of Saudi Arabia16.5.2. United Arab Emirates16.5.3. Rest of Middle East & Africa
16.6. North America
16.6.1. Canada16.6.2. Mexico16.6.3. United States
16.7. Latin America
16.7.1. Argentina16.7.2. Brazil16.7.3. Rest of Latin America
17. Company Profile
17.1. Ajinomoto
17.1.1. Company details17.1.2. Financial outlook17.1.3. Product summary17.1.4. Recent developments
17.2. Adisseo
17.2.1. Company details17.2.2. Financial outlook17.2.3. Product summary17.2.4. Recent developments
17.3. BASF
17.3.1. Company details17.3.2. Financial outlook17.3.3. Product summary17.3.4. Recent developments
17.4. Bentoli
17.4.1. Company details17.4.2. Financial outlook17.4.3. Product summary17.4.4. Recent developments
17.5. Chr. Hansen
17.5.1. Company details17.5.2. Financial outlook17.5.3. Product summary17.5.4. Recent developments
17.6. DSM
17.6.1. Company details17.6.2. Financial outlook17.6.3. Product summary17.6.4. Recent developments
17.7. Evonik
17.7.1. Company details17.7.2. Financial outlook17.7.3. Product summary17.7.4. Recent developments
17.8. Global Nutrition International
17.8.1. Company details17.8.2. Financial outlook17.8.3. Product summary17.8.4. Recent developments
17.9. Kemin Industries Inc.
17.9.1. Company details17.9.2. Financial outlook17.9.3. Product summary17.9.4. Recent developments
17.10. NUQO Feed Additives
17.10.1. Company details17.10.2. Financial outlook17.10.3. Product summary17.10.4. Recent developments
17.11. Novus International
17.11.1. Company details17.11.2. Financial outlook17.11.3. Product summary17.11.4. Recent developments
17.12. Nutreco
17.12.1. Company details17.12.2. Financial outlook17.12.3. Product summary17.12.4. Recent developments
17.13. Novozymes
17.13.1. Company details17.13.2. Financial outlook17.13.3. Product summary17.13.4. Recent developments
17.14. Palital Feed Additives B.V
17.14.1. Company details17.14.2. Financial outlook17.14.3. Product summary17.14.4. Recent developments
17.15. TEGASA
17.15.1. Company details17.15.2. Financial outlook17.15.3. Product summary17.15.4. Recent developments
17.16. Others
18. List of Abbreviations
19. Reference Links
20. Conclusion
21. Research Scope
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.
Frequently Asked Questions About This Report
The Medicated Feed Additives Market is projected to reach USD 22.82 billion by 2033, growing at a CAGR of 5.41% during the forecast period.
The Medicated Feed Additives Market grew in market size from 2022. The Market is expected to reach USD 22.82 billion by 2033, at a CAGR of 5.41% during the forecast period.
The Medicated Feed Additives Market CAGR of 5.41% during the forecast period.
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The Medicated Feed Additives Market size is USD 22.82 billion from 2023 to 2033.
The Medicated Feed Additives Market segment is Covered By Source, By Mixture Type, By Type, By Livestock.
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, Nutreco, Novozymes, Palital Feed Additives B.V, TEGASA, Others.
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.
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