(PharmaNewsWire.Com, March 20, 2017 ) According to the report Global Anticoccidial Drugs Market, published by Market Data Forecast, the global market is projected to reach $2.85 billion by 2021, at a CAGR of 3.67% from 2016 to 2021
The livestock industry has seen steady raise over the past two decades and the antibiotic market has been growing along with it.
Coccidiosis, a parasitic infection is caused by coccidian protozoa of the intestinal tract of animals. The diseases can consumption of infected tissue or feasts from one animal to another by any contact with infected faeces. It infects a wide variety of animals, such as cattle, sheep, poultry species, and pigs. It can cause devastating mislay in meat production. To overcome this problem, anticoccidial drugs play an important role in the treatment and prevention of coccidiosis.
The ban on consumption of antibiotics as a source of animal feed and the upsurge in incidences of antibiotic microbes has seen a failed growth in the antibiotic market, nevertheless the growing incidence of coccidiosis over the preceding 50 years and its control on the overall cost to benefit ratio for the meat industry has promoted the anticoccidials drug market. Raising demand for meat proteins are increasing usage of anticoccidial drugs and are the key driving force for Global Anticoccidial Drugs Market. Besides, increased expenditure on companion animals and less stringent regulations are also assisting in growth of Global Anticoccidial Drugs Market. Further, the trend of owning companion or pet animals is causative to the increasing usage of anticoccidials in developing regions.
The Global Anticoccidial Drugs Market is segmented as following: Based on Drug Type: Antibiotic anticoccidials Ionophore anticoccidials Chemical derivative anticoccidials Based on Animal Type: Poultry Swine Fish Cattle Companion Animal Geographical Segmentation: North America Global Anticoccidial Drugs Market Europe Global Anticoccidial Drugs Market Asia-Pacific Global Anticoccidial Drugs Market Latin America Global Anticoccidial Drugs Market Middle East and Africa Global Anticoccidial Drugs Market
The major companies operating in the Global Anticoccidial Drugs Market are Bayer Health care, Merck Animal Healthcare, Zoetis, Elanco, Virbac, Ceva Santι Animale, Merial, Boehringer Ingelheim Animal Health, Novartis Animal Healthcare and Smartvet Inc.
The Global Anticoccidial Drugs Market study offers the following deliverables: Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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