Medicinal Feed Additives Market Share, Size and Forecasts 2016-2020

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,...