Medicated Feed Additives Market

Posted by ahila on May 25th, 2018

Global Medicated Feed Additives Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012-2016 and Forecast 2017-2024

 Global medicated feed additives market is expected to grow at a significant CAGR over the forecast period.

Any mixed feed or manufactured feed that consists of active pharmaceutical ingredients intended to promote growth or feed efficiency in order mitigate, cure, prevent, or treat diseases of animals. Increased global population and their need for protein-rich food are created demand for medicated food. There are three types of medicated feed additives Type A, B, C.

 An upsurge in the demand for protein-rich food enables increase production of poultry and cattle production is expected to increase medicated feed additives market. Moreover, increased awareness among the people is expected to attract the demand for medicated feed additives. Rising pet lovers coupled with increased expenditure on animal health is anticipated to create demand for a market.

However, stringent regulations are expected to acts as bottlenecks for the market revenue growth over the forecast period.

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