Medicated Feed Additives Market Size and Share Analysis with Trends Forecast (2024-2033)
Global Medicated Feed Market Outlook Medicated Feed Market, valued at USD 10.1 Billion in 2022, is poised for substantial growth. Projections indicate an industry expansion from USD 10.6393 Billion in 2023 to USD 16.13099 Billion by 2032, showcasing a compound annual growth rate (CAGR) of 5.34% throughout the forecast period (2023 - 2032). Medicated feed is a mixture of animal feed and veterinary premixes, which are medicinal products containing one or more active substances. Animal feed containing drugs is manufactured and labeled in accordance with regulations set by regional authorities worldwide. Medicated feed in animal diet can be preventive or curative and helps in the treatment of farm animals in a stress-free and safe manner. Based on type, the global medicated feed market has been segmented into antioxidants, probiotics, prebiotics, amino acids, and others. The amino acids segment accounted for the maximum market share in 2017 as amino acids in animal diet improve the