Medicinal feed additives contain veterinary medicines and other nutritive supplements and are added to animal feed. Consumers and animal farmers use these products as an effective way to administer medicines to animals. These products comprise of essential vitamins, minerals, trace elements, anti-oxidants, antibiotics, vaccines, preservatives, and other related ingredients. They help prevent diseases among livestock, maintain animal health, and promote growth and feed efficiency.
Technavio's analysts forecast the global medicinal feed additives market to grow at a CAGR of 5.4% during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the global medicinal feed additives market for 2016-2020. The report presents the vendor landscape and a corresponding detailed analysis of the top six vendors operating in the market. In addition, the report discusses the major drivers influencing the market growth and the challenges faced by vendors and the market as a whole.
The market is divided into the following segments based on type:
Amino acids
Antibiotics
Vitamins
Antioxidants
Feed enzymes
others
Technavio's report, Global Medicinal Feed Additives Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
BASF
Bayer Healthcare
Cargill
Evonik Industries
Merck
Zoetis
Other prominent vendors
Adisseo
Aliphos
Champrix
Charoen Pokphand
Eli Lilly (Elanco)
NuWest Milling
Purina Animal Nutrition
Wuhan Pharma Chemical
Westway Feed Products
Market driver
Increase in animal epidemics
For a full, detailed list, view our report
Market challenge
Incorrect dosage of veterinary medicines
For a full, detailed list, view our report
Market trend
Implementation of medicated feed manufacturing compliance programs
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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