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Technavio’s market research analyst predicts the global medicinal feed additives market to grow at a CAGR of approximately 5% by 2020. The growing demand for organic meat is the key driver for this market. The augmented utilization of feed additives will help to improve animal growth and ensure feed efficiency. The ability of medicinal feed additives to increase immunity in animals and prevent the spread of infectious diseases will lead to its increased usage during the forecast period.
The high prevalence of zoonotic diseases is the key driver for this market. Zoonotic diseases are highly contagious and can be transmitted directly or indirectly between animals and humans. They normally spread by the consumption of infected meat products or contact with infected animals. Consequently, the demand for medicinal feed additives is increasing as it helps to prevent epizootic diseases and parasitism. These additives also provide genetic enhancements and contribute to improving the overall nutritional content in the animal feed.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Global macroeconomic outlook
PART 07: Market segmentation by type
PART 08: Market segmentation by livestock
PART 09: Market segmentation by geography
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Vendor landscape
PART 16: Appendix
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