The anticoccidial drugs market is expected to show a modest growth rate at a CAGR of around 4% during the forecast period 2020-2026. Coccidiosis is one of the most common diseases in the chicken. It is an intestinal disease that is caused due to the parasitic organism attaching itself to a chicken’s intestinal lining due to which chicken is not able to absorb the required nutrients through intestines. Besides, it is also a prevalent disease in other animals including, cattle, swine, and companion animals. The disease is treatable most of the time through anticoccidial drugs if diagnosed at an early stage. Route of administration of the drug is through the water supply of chicken and if not possible, it is fed orally.
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High meat consumption, increasing awareness related to healthy food, rising disposable income, rising chances of zoonotic diseases (disease passing from animals & insect to people) are the key factors for the growth of the anticoccidial drugs industry across the globe. Factory farming for meat is on the rise globally where a large number of animals including cows, pigs, turkeys, goats, sheep, pigs, or chickens are kept together to increase productivity at the lowest possible cost. For instance, in the US, more than 95% of animals are produced in factory farming for maximizing agribusiness profit. These considerably raises the chances of spreading diseases among other fellow animals if one animal gets infected by a particular disease.
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Market Coverage
Market number available for – 2022-2028
Base year- 2021
Forecast period- 2022-2028
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Anticoccidial Drugs Market by Drug Type
- Antibiotic
- Ionophore
- Chemical Derivative
Global Anticoccidial Drugs Market by Animal Type
- Poultry
- Swine
- Cattle
- Companion Animal
- Other
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Bayer AG
- Bioproperties Pty. Ltd.
- BOEHRINGER Ingelheim International GmbH
- Ceva Santé Animale
- Elanco Animal Health Inc.
- Huvepharma EOOD
- Impextraco N.V.
- Kemin Industries, Inc.
- Merck & Co., Inc.
- Phibro Animal Health Corp.
- Qilu Animal Health Products Co., Ltd.
- Schering-Plough Corp.
- Venkateshwara Hatcheries Pvt. Ltd.
- Vetoquinol S.A.
- Virbac S.A.
- Zoetis, Inc.
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Anticoccidial Drugs market.
- Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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