Market Overview:
The global medicinal feed additives industry is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the industry can be attributed to the increasing demand for meat and poultry products, rising awareness about animal health and nutrition, and stringent regulations on the use of antibiotics in livestock farming. The market is segmented by type into amino acids, antibiotics, vitamins, and others. The amino acids segment is expected to grow at the highest CAGR during the forecast period owing to its growing demand as a dietary supplement for animals. The antibiotics segment held the largest share of the market in 2017 due to their widespread use in livestock farming for disease prevention and treatment purposes. However, stringent regulations on their use are likely to hamper their growth prospects over the forecast period. On basis of application,the market is divided into swine, poultry,,and ruminants segments . Swine accounted for majority share of th emarketin 2017due t o high consumption ratesof pork worldwide .
Product Definition:
The Medicinal Feed Additives Industry is a global market that generates .3 billion in revenue each year. The industry provides products and services that improve the health and productivity of livestock, poultry, and aquaculture animals. These additives help to prevent or treat disease, promote growth, and enhance feed efficiency.
Amino Acids:
Amino acids are the basic building blocks for proteins. Proteins play an important role in enhancing animal performance, health and longevity. Amino acids can be naturally found in certain plants & animals including meat, eggs, milk & soybeans.
Antibiotics:
Antibiotics are types of antimicrobial drugs used in feed to prevent the growth of bacteria. They can be administered as additives or incorporated into the diet. Antibiotics are not used for treating infections in animals, only prevention from future infections is their function. The type of antibiotics used depends on its application which includes tetracycline, penicillin and others based on their mechanism of action against bacteria.
Application Insights:
The global market is segmented by application into swine, poultry, and ruminants. The swine segment held the largest share in 2017 owing to high consumption of animal protein sources such as meat and eggs. Swine are considered as one of the most efficient converters of feed to meat among all livestock species. Growing demand for pork products coupled with extensive usage of antibiotics in raising pigs is expected to drive the industry growth over the forecast period.
Poultry was estimated as one of the fastest-growing segments due to increasing consumption patterns among consumers worldwide especially in emerging countries like India and China where broiler meat production has been growing at a rapid rate for past few years due largely on low cost labor force availability which has resulted in increased industrialization leading eventually towards higher productivity levels resulting ultimately driving growth over forecast period.
Ruminants such as cattle, sheep,.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing meat consumption as a result of growing population, rising disposable income, and changing dietary preferences. China is one of the largest markets for poultry feed additives in this region due to high demand from domestic producers. The country has been witnessing rapid growth in terms of production as well as consumption owing to changing food habits and rising disposable income among consumers.
Europe accounted for more than 25% share of global revenue in 2017 owing to high animal feed production coupled with stringent regulations by various regulatory bodies such as EMEA (European Medicines Agency) regarding quality standards for medicinal feeds additives industry products.
Growth Factors:
- Increasing demand for animal-based food products: The global population is growing at a rapid pace and the demand for animal-based food products is increasing correspondingly. This will create opportunities for the medicinal feed additives industry as it helps improve the quality of meat, eggs, and milk.
- Rising awareness about the benefits of medicinal feed additives: There is a growing awareness among consumers about the benefits of using medicinal feed additives. This is helping to drive demand for these products, especially in developed countries.
- Technological advancements: The pharmaceutical industry is constantly evolving with new technologies being developed to improve drug efficacy and safety profiles. This trend is also being followed by the medicinal feed additive industry, which is introducing new and innovative products into the market place.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medicinal Feed Additives Industry Market Research Report
By Type
Amino Acids, Antibiotics, Vitamins, Others
By Application
Swine, Poultry, Ruminants
By Companies
BASF, Zoetis, Bayer Healthcare, Cargill, Elanco, Champri, Evonik Industries, Ceva Animal Health, Merial, Virbac, Boehringer Ingelheim, Aliphos, Nicosia International
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Medicinal Feed Additives Industry Market Report Segments:
The global Medicinal Feed Additives Industry market is segmented on the basis of:
Types
Amino Acids, Antibiotics, Vitamins, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Swine, Poultry, Ruminants
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- Zoetis
- Bayer Healthcare
- Cargill
- Elanco
- Champri
- Evonik Industries
- Ceva Animal Health
- Merial
- Virbac
- Boehringer Ingelheim
- Aliphos
- Nicosia International
Highlights of The Medicinal Feed Additives Industry Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Amino Acids
- Antibiotics
- Vitamins
- Others
- By Application:
- Swine
- Poultry
- Ruminants
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Medicinal Feed Additives Industry Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
The medicinal feed additives industry is a $10.5 billion global market that includes products such as growth hormones, antibiotics, and other medications used in animal feeds. These products are necessary to keep animals healthy and productive while they are being raised for meat or milk production.
Some of the major companies in the medicinal feed additives industry market are BASF, Zoetis, Bayer Healthcare, Cargill, Elanco, Champri, Evonik Industries, Ceva Animal Health, Merial, Virbac, Boehringer Ingelheim, Aliphos, Nicosia International.
The medicinal feed additives industry market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Medicinal Feed Additives Industry Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Medicinal Feed Additives Industry Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Medicinal Feed Additives Industry Market - Supply Chain
4.5. Global Medicinal Feed Additives Industry Market Forecast
4.5.1. Medicinal Feed Additives Industry Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Medicinal Feed Additives Industry Market Size (000 Units) and Y-o-Y Growth
4.5.3. Medicinal Feed Additives Industry Market Absolute $ Opportunity
5. Global Medicinal Feed Additives Industry Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Medicinal Feed Additives Industry Market Size and Volume Forecast by Type
5.3.1. Amino Acids
5.3.2. Antibiotics
5.3.3. Vitamins
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Medicinal Feed Additives Industry Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Medicinal Feed Additives Industry Market Size and Volume Forecast by Application
6.3.1. Swine
6.3.2. Poultry
6.3.3. Ruminants
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Medicinal Feed Additives Industry Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Medicinal Feed Additives Industry Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Medicinal Feed Additives Industry Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Medicinal Feed Additives Industry Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Medicinal Feed Additives Industry Demand Share Forecast, 2019-2026
9. North America Medicinal Feed Additives Industry Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Medicinal Feed Additives Industry Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Medicinal Feed Additives Industry Market Size and Volume Forecast by Application
9.4.1. Swine
9.4.2. Poultry
9.4.3. Ruminants
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Medicinal Feed Additives Industry Market Size and Volume Forecast by Type
9.7.1. Amino Acids
9.7.2. Antibiotics
9.7.3. Vitamins
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Medicinal Feed Additives Industry Demand Share Forecast, 2019-2026
10. Latin America Medicinal Feed Additives Industry Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Medicinal Feed Additives Industry Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Medicinal Feed Additives Industry Market Size and Volume Forecast by Application
10.4.1. Swine
10.4.2. Poultry
10.4.3. Ruminants
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Medicinal Feed Additives Industry Market Size and Volume Forecast by Type
10.7.1. Amino Acids
10.7.2. Antibiotics
10.7.3. Vitamins
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Medicinal Feed Additives Industry Demand Share Forecast, 2019-2026
11. Europe Medicinal Feed Additives Industry Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Medicinal Feed Additives Industry Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Medicinal Feed Additives Industry Market Size and Volume Forecast by Application
11.4.1. Swine
11.4.2. Poultry
11.4.3. Ruminants
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Medicinal Feed Additives Industry Market Size and Volume Forecast by Type
11.7.1. Amino Acids
11.7.2. Antibiotics
11.7.3. Viamins
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Medicinal Feed Additives Industry Demand Share, 2019-2026
12. Asia Pacific Medicinal Feed Additives Industry Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Medicinal Feed Additives Industry Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Medicinal Feed Additives Industry Market Size and Volume Forecast by Application
12.4.1. Swine
12.4.2. Poultry
12.4.3. Ruminants
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Medicinal Feed Additives Industry Market Size and Volume Forecast by Type
12.7.1. Amino Acids
12.7.2. Antibiotics
12.7.3. Vitamins
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Medicinal Feed Additives Industry Demand Share, 2019-2026
13. Middle East & Africa Medicinal Feed Additives Industry Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Medicinal Feed Additives Industry Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Medicinal Feed Additives Industry Market Size and Volume Forecast by Application
13.4.1. Swine
13.4.2. Poultry
13.4.3. Ruminants
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Medicinal Feed Additives Industry Market Size and Volume Forecast by Type
13.7.1. Amino Acids
13.7.2. Antibiotics
13.7.3. Vitamins
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Medicinal Feed Additives Industry Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Medicinal Feed Additives Industry Market: Market Share Analysis
14.2. Medicinal Feed Additives Industry Distributors and Customers
14.3. Medicinal Feed Additives Industry Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BASF
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Zoetis
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Bayer Healthcare
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Cargill
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Elanco
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Champri
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Evonik Industries
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Ceva Animal Health
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Merial
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Virbac
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Boehringer Ingelheim
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Aliphos
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Nicosia International
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
