Market Highlights

Medicated feed additives in animal feed help improve quality and nutrition for the better performance and health of the animal. Medicated feed additives improve health, efficiency, and production levels of animals.

Based on type, the global medicated feed additives market has been segmented into antioxidants, antibiotics, probiotics and prebiotics, enzymes, amino acid, and others. The enzymes segment accounted for the largest market share in 2017 and is expected to grow at a high rate during the forecast period as enzymes are used for the development of bones and immune systems in animals. Enzymes improve the digestibility of nutrients in the feed, which, in turn, increases the production of various animal products such as milk, meat, and eggs.



Access Report @ https://www.marketresearchfuture.com/reports/medicated-feed-additives-market-6939



Key Players

Some of the key players in the global medicated feed additives market are Archer Daniels Midland Company (US), Cargill, Incorporated (US ), CHS Inc. (US ), Zoetis (US), Purina Animal Nutrition LLC (US), Adisseo (France), Alltech (US), Zagro (Singapore), Hipro Ltd STI (Turkey), and Biostadt India Limited (India).

Regional Analysis

On the basis of region, the global medicated feed additives market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world. Asia-Pacific is expected to dominate the global medicated feed additives market owing to increasing awareness about the health of livestock, especially in China and India.

Asia-Pacific dominates the market for medicated feed additives as these products are necessary to regulate metabolism and maintain good health in animals. China and India are projected to contribute to the growth of the regional medicated feed additives market. China is projected to be the largest country-level market for meat products, with the use of medicated feed additives increasing to maintain health and reduce the outbreak of diseases.

Segmentation

The global Medicated Feed Additives market has been segmented on the basis of grade, application and function. Based on grade, the global Medicated Feed Additives market has been segmented into food, feed and industrial. Among these, the food segment commands the major share in the global Medicated Feed Additives market owing to the high demand for this product in the food and beverages industry. The industrial segment is forecasted to be the fastest growing segment in the global Medicated Feed Additives market owing to the increasing demand for Medicated Feed Additives in various end-use industries.

NOTE: Our Team of Researchers is Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.