The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s medicated Feed additives market report forecasts the medicated Feed additives market size to grow to $15.89 Billion by 2027, with a CAGR (compound annual growth rate) of more than 5%.

Learn More On The Medicated Feed Additives Market Report 2023 – https://www.thebusinessresearchcompany.com/report/medicated-feed-additives-global-market-report

Medicated Feed Additives Market Size Forecast
The global medicated Feed additives market is expected to grow from $12.27 billion in 2022 to $13.04 billion in 2023 at a compound annual growth rate (CAGR) of 6.3%. 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 medicated feed additives market size is expected to reach $15.89 billion in 2027 at a CAGR of 5.1%.

Asia-Pacific held the largest medicated Feed additives market share.

Key Medicated Feed Additives Market Driver ­– Increase In The Rise In Consumption Of Poultry Products
According to the United States Department of Agriculture, a US-based federal executive department, worldwide poultry imports in 2021 were 14.2 million metric tonnes in August 2022, and global poultry imports are expected to climb by 24% to 17.5 million metric tonnes in 2031. As a result, the increased consumption of chicken products is propelling the growth of medicated feed additives.

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Key Medicated Feed Additives Market Trend – Product Innovation
Major market companies are focusing their efforts on developing innovative goods, such as new active components, alternative delivery systems, combination products, and precision medicine. For example, in October 2021, Cargill, a worldwide food giant headquartered in the United States, will debut Nutrena Naturewise, an essential oil in chicken feed designed to maintain a healthy flock and enhance egg production. It aids in the increase of egg weight, size, and output. They also improve egg palatability and give fresh-smelling eggs immediately out of the bag.

Medicated Feed Additives Market Segment
1) By Type: Antibiotics, Vitamins, Antioxidants, Amino Acids, Prebiotics, Probiotics, Enzymes, Other Types
2) By Animal Type: Ruminants, Swine, Poultry, Aquaculture, Other Animal Types
3) By Mixture Type: Supplements, Concentrates, Premixes, Base Mixes

Medicated Feed Additives Market Major Players and Strategies
Major players in the medicated Feed additives market are Archer-Daniels-Midland Company (ADM), Cargill Incorporated., CHS Inc., Zoetis Services LLC, Purina Animal Nutrition LLC, Adisseo, Alltech, Zagro, Hi-Pro Feeds, Biostadt India Limited, BASF SE, Evonik Industries AG, Novozymes, Nutreco, and Phibro Animal Health Corporation.

Archer Daniels Midland (ADM), a human and animal nutrition processor based in the United States, acquired Deerland Probiotics & Enzymes for an unknown sum in November 2021. Archer Daniels Midland Company (ADM) hopes to accelerate growth, strengthen ADM’s innovation leadership in functional foods and dietary supplements, and serve clients globally through this acquisition. Deerland Probiotics & Enzymes Inc. is a company established in the United States that specialises in the development of probiotic-based formulations and enzymes, as well as medicated feed additives.

The Medicated Feed Additives Global Market Report 2023 covers regional data on medicated Feed additives market size, medicated Feed additives market trends and drivers, opportunities, strategies, and medicated Feed additives market competitor analysis. The countries covered in the medicated Feed additives market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Medicated feed additives are any feed that contains one or more medications that assist animals be healthier and more productive. Medicated feed additives are given to animals for a variety of purposes, including nutrition, medicine, worm, bacterial illness, and coccidiosis management, and mortality prevention.

View More Reports Related To The Medicated Feed Additives Market –
Feed Processing Equipment Global Market Report 2023
Feed Premix Global Market Report 2023
Feed Acidifiers Global Market Report 2023

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