top of page

Technical Support

Public·107 members

sourabh dhimdhime
sourabh dhimdhime

Key Drivers of the Medicated Feed Market

The Medicated Feed Market Size was estimated at 25.17 (USD Billion) in 2022. The Medicated Feed Market Industry is expected to grow from 25.9 (USD Billion) in 2023 to 33.5 (USD Billion) by 2032. The Medicated Feed Market CAGR (growth rate) is expected to be around 2.9% during the forecast period (2024 - 2032).

 

The global Medicated Feed Market is growing rapidly due to several significant factors. Livestock producers are increasingly relying on animal feed additives and medicated feeds to ensure the health and growth of their animals.

 

One of the major growth drivers is the rising incidence of infectious diseases among livestock. Medicated feeds containing antibiotics, probiotics, and vitamins not only improve growth but also reduce mortality rates. Moreover, there is a growing focus on enhancing feed efficiency and production, especially in poultry and swine industries.

 

Asia-Pacific is emerging as a lucrative market due to rising livestock production in countries such as India and China. Government initiatives promoting animal health and stricter food safety regulations have further fueled market demand. Additionally, technological advancements in feed formulation, including automated mixing and nutrient optimization, have improved the quality and effectiveness of medicated feeds.

 

Major companies like DSM Nutritional Products, BASF SE, and AB Agri are continuously innovating and expanding their presence globally. Strategic mergers, acquisitions, and partnerships are helping these companies strengthen their market footprint and meet the increasing demand.

 

Access a free sample report for comprehensive insights today

 

The market also benefits from increasing awareness among farmers about animal welfare and the economic benefits of using medicated feeds. The future of the Medicated Feed Market looks promising, with continuous innovations and growing demand for high-quality animal protein.

46 Views

Members

  • Rohit Rajput
    Rohit Rajput
  • cassie.lewis.zacassie.lewis.za
    cassie.lewis.za
  • rainer.krisch42
    rainer.krisch42
  • soniya kale
    soniya kale
  • Richard Graves
    Richard Graves
bottom of page