Medicated Feed Market SWOT Analysis, Future Growth Opportunity and Forecast 2030

Ryder Dean17 Feb, 2023Business

The rise in the incidences of the outbreak of zoonotic and food-borne diseases among farm animals with high risks of transmission to humans has increased demand for medicated Feed to minimise disease outbreaks. This is a major growth factor for the medicated feed market. Growing demand for nutritious meat and dairy products has also spurred the need for medicated Feed. The high cost of medicated Feed is a restraining factor for the market growth. Furthermore, stringent government regulations to be followed by the manufacturers to get approval for medicated feeds also hinder the market growth.