North America Medicated Feed Additives Market

North America Medicated Feed Additives Market Size (2024 to 2032)

The North American medicated feed additives market was valued at USD 4157.25 million in 2023 and it is anticipated to reach USD 4377.17 million in 2024 from USD 6611.35 million by 2032, growing at a CAGR of 5.29% from 2024 to 2032.

The Medicated Feed Additives market is forecasted to show great potential over the mentioned period. The market has continued to gain momentum with the increased consumption of meat as well as dairy products over the recent years due to the demands of a growing population. It has marked an opportunity for the companies to make their way into the market.

Medicated Feed is a type of feed that comprises all the products that are the source of nutrients in feed for animals. These generally include concentrates, supplements etc. Additives in medicated feed play an important role in balancing the content of nutrients and thus maintaining the healthy being and high productivity of animals.

The market faces various factors that affect its growth rate. Some of them act as drivers, while some of them result in hindering market growth. The drivers for the market include rising awareness about the importance of nutrition content in meat, disease outbreaks in livestock, increase in disposable income, and organization in the livestock industry. The factors acting as restraints are stringent policies by the government on meat production, alternative organic products, and risk factors faced by humans as a result of the use of medicated feed additives.

This research report on the North American medicated feed additives market is segmented and sub-segmented into the following categories.

North America Medicated Feed Additives Market Analysis By Type

• Antibiotics
• Antioxidants
• Probiotics
• Enzymes
• Prebiotics
• Amino Acids
• Others

 North America Medicated Feed Additives Market Analysis By Mixture Type

• Premix feeds
• Supplements
• Base mixes
• Concentrates

 North America Medicated Feed Additives Market Analysis By Livestock

• Swine
• Cattle
• Poultry
• Aquaculture
• Pet foods
• Other livestock

COUNTRY ANALYSIS

On the basis of geography, the North American market is analyzed under various regions namely

• United States
• Canada
• Mexico
• Rest of North America

KEY MARKET PLAYERS

Zoetis Inc., Cargill, Archer Daniels Midland Company, CHS Inc., Purina Animal Nutrition (Land O’ Lakes), Adisseo France Sas, Alltech Inc. (Ridley), Biostadt India Limited, Zagro, Hipro Animal Nutrition are some of the major companies dominating the market, by their products and services include.