During the projection period of 2029, the market for medicated feed additives is anticipated to grow at a CAGR of 5.2% and reach US$ 16.85 billion.
Feed additives are described as extra goods that are added to animal feed in an effort to enhance the feed's nutritional value and other elements to improve animal performance and well-being. In addition to sustaining high levels of output, additives aid in improving the health and productivity of animals.