Global Medicated Feed Additives Market 2017-2022: Market is Anticipated to Expand at a Significant CAGR of 5.43%
Feed Additives Market by Type, by Livestock and by Region - Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2017–2022)
(EMAILWIRE.COM, January 30, 2018 ) Global Medicated Feed Additives Market was worth USD 11.3 billion in 2017 and estimated to be growing at a CAGR of 5.43%, to reach USD 14.72 billion by 2022. The Medicated Feed Additives market is showing evident potential in the mentioned forecasting period. The market continues to gain momentum with the rise in the consumption of meat and dairy products. Thus, various companies have been showing interest in the market recently.
Medicated feed refers to all the products intended to be an important source of nutrient in animal diet. It includes various types of diet components such as supplements, concentrates etc. Medical Feed Additives are responsible for maintaining a healthy proportion of nutrients in animal feed, thus in turn improving their productivity while keeping their health in mind.
Rising awareness about high quality meat, rich in nutrients with the growing population has been a boon for the market. Other major factors contributing to the market growth include rise in disposable income, epidemic outbreak among animals, organization of the livestock industry, and various animal husbandry practises being implemented for the improvement of meat quality. However, there are some restraints face by the market as well like stringent regulations by government, alternates like organic products and risks to humans related to medicated feed additives.
Get a comprehensive overview of the Medicated Feed Additives Market:
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The Global market for Medicated Feed Additives is segmented on the basis of type, livestock and mixture type. The market segmentation on the basis of type is done under Antioxidants, Antibiotics, Probiotics, Prebiotics, Enzymes, Amino Acids and Others. The market share is dominated by enzymes segment and is expected to be fastest growing as well. Based of livestock the market is segmented into swine, poultry, cattle, aquaculture, pet foods and others. The cattle segment accounted for the highest market share on the basis of livestock due to increase in production of cattle meat over the recent years and is expected to grow even further. Based on mixture type, the market is segmented into supplements, concentrates, premix feeds and base mixes. The concentrates segment is expected to show the highest growth rate in the upcoming years. On the basis of geography, the global market is analysed under various regions namely North America, Europe, Asia-Pacific and Rest of the World. The Medicated Feed Additives market was dominated by North America, with the overall market share of almost 30% globally. North America was followed by Europe and Asia-Pacific. Asia Pacific is predicted to grow at a rapid pace in the coming few years.
Get accurate market forecast and analysis on the Medicated Feed Additives Market. Request a sample to stay up-to-date on the main trends affecting this market:
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Some of the major companies dominating the market, by their products and services include Zoetis Inc., Cargill, Archer Daniels Midland Company, CHS Inc., Purina Animal Nutrition (Land O’ Lakes), Adisseo France Sas, Alltech Inc. (Ridley), Biostadt India Limited, Zagro, Hipro Animal Nutrtion.
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Medicated feed refers to all the products intended to be an important source of nutrient in animal diet. It includes various types of diet components such as supplements, concentrates etc. Medical Feed Additives are responsible for maintaining a healthy proportion of nutrients in animal feed, thus in turn improving their productivity while keeping their health in mind.
Rising awareness about high quality meat, rich in nutrients with the growing population has been a boon for the market. Other major factors contributing to the market growth include rise in disposable income, epidemic outbreak among animals, organization of the livestock industry, and various animal husbandry practises being implemented for the improvement of meat quality. However, there are some restraints face by the market as well like stringent regulations by government, alternates like organic products and risks to humans related to medicated feed additives.
Get a comprehensive overview of the Medicated Feed Additives Market:
http://www.marketdataforecast.com/market-reports/global-medicated-feed-additives-market-2303/
The Global market for Medicated Feed Additives is segmented on the basis of type, livestock and mixture type. The market segmentation on the basis of type is done under Antioxidants, Antibiotics, Probiotics, Prebiotics, Enzymes, Amino Acids and Others. The market share is dominated by enzymes segment and is expected to be fastest growing as well. Based of livestock the market is segmented into swine, poultry, cattle, aquaculture, pet foods and others. The cattle segment accounted for the highest market share on the basis of livestock due to increase in production of cattle meat over the recent years and is expected to grow even further. Based on mixture type, the market is segmented into supplements, concentrates, premix feeds and base mixes. The concentrates segment is expected to show the highest growth rate in the upcoming years. On the basis of geography, the global market is analysed under various regions namely North America, Europe, Asia-Pacific and Rest of the World. The Medicated Feed Additives market was dominated by North America, with the overall market share of almost 30% globally. North America was followed by Europe and Asia-Pacific. Asia Pacific is predicted to grow at a rapid pace in the coming few years.
Get accurate market forecast and analysis on the Medicated Feed Additives Market. Request a sample to stay up-to-date on the main trends affecting this market:
http://www.marketdataforecast.com/market-reports/global-medicated-feed-additives-market-2303/request-sample
Some of the major companies dominating the market, by their products and services include Zoetis Inc., Cargill, Archer Daniels Midland Company, CHS Inc., Purina Animal Nutrition (Land O’ Lakes), Adisseo France Sas, Alltech Inc. (Ridley), Biostadt India Limited, Zagro, Hipro Animal Nutrtion.
About Market Data Forecast
Market Data Forecast is a well versed market research firm catering solutions in the fields of market research, business intelligence and consulting. With a profound knowledge about the global market activities coupled with a customized approach. We render services in the most gripping markets like healthcare, agriculture and food & Beverages
More about Market Data Forecast
Visit Market Data Forecast Blog @ http://www.marketdataforecast.com/blog/
View latest Press Releases of MDF @ http://www.marketdataforecast.com/press-releases
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Market Data Forecast
Abhishek Shukla
Tel: 9985550206
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Market Data Forecast
Abhishek Shukla
Tel: 9985550206
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results