Animal Medicated Feed Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product Type (Antibiotics, Anti-Oxidants,Vitamins & minerals,Amino acids, Enzymes, Others), By Route of Administration (Oral, Orally via feed, Orally via water, Parenteral), By Animal Species (Poultry,Canine, Cattle, Equine, Swine, Fish/Prawns, Others), Region  

Animal Medicated Feed Market size was valued at 16,132.4 million in 2022 and is poised to grow at a CAGR of  5.3% from 2023 to 2029. The global animal medicated feed is growing at a significant CAGR due to increase in the pet animal ownership. Moreover, rise in the population preferring for healthy meat and other dairy products, increase in the prevalence of zoonotic and foodborne diseases in animals, (according to European Food Safety Authority (EFSA), approximately 320,000 cases of zoonotic and foodborne diseases occur every year in Europe countries), and increase the expenditure on animal welfare might bolster the animal medicated feed market over the forecast years. In addition, lack of nutrients in feed due to soil pollution, shifting of the livestock healthcare industry to the organized sector from unorganized sector, and increasing focus on commercialization of animal processed products expected to fuel the animal medicated feed market growth over the forecast years. However, lack of awareness about the animal medicated feed in developing and undeveloped countries, decreasing usage of antibiotics due to government regulations, adverse effects associated with the medicated feed, and stringent regulatory policies for the approval of animal medicated feed might hamper the animal medicated feed market over the forecast period. Animal medicated feed market is the combination of animal feed with some medicinal substances, which are used for improving the quality of the feed, development of the immune system in animals, and other nutritional aspects for improving the growth and reproduction rate of the animals. In medicated food, the medicinal substances are mixed in minute quantities with the animal feed or water. Medicated food is commonly administered to the animals for improving the animal health, feed efficiency, and increases the production of healthy animal meat and other dairy products. Medicated food is manufactured with the proper prescription and it should be withdrawn if any adverse effects associated with the feed.