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About Medicinal Feed Additives

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.

Technavios analysts forecast the global medicinal feed additives market to grow at a CAGR of 5.4% during the period 2016-2020.

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.

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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

Market challenge :Incorrect dosage of veterinary medicines

Market trend :Implementation of medicated feed manufacturing compliance programs

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?