(PharmaNewsWire.Com, March 21, 2017 ) According to the report North America Anticoccidial Drugs Market, published by Market Data Forecast, the North America market is projected to reach $980 million by 2021, at a CAGR of 3.4% from 2016 to 2021
With the ban on consumption of antibiotics as a source of animal feed and the upsurge in antibiotic resistant microbes has reduced the raise of the antibiotic market, nevertheless the growing incidence of coccidiosis over the time and its control on the overall cost to benefit ratio for the meat industry has raised the growth potential of anticoccidials drug market.
Coccidiosis caused by coccidian protozoa, is a parasitic infection 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 poultry species, cattle, pigs and sheep. It can be responsible for failing mislay in meat production. To overcome this problem, anticoccidial drugs play an important role in the prevention and treatment of coccidiosis.
Growing demand for meat proteins is forcing the farmers, majority in the developed countries to use various antibiotics for maintaining a quality production. Further, the trend of owning pets or companion animals in these nations is raising the expenditure on antibiotics, driving the North American anticoccidial market.
The North America 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
The major companies operating in the North America Anticoccidial Drugs Market are Zoetis, Elanco, Virbac, Ceva Santι Animale, Merial, Bayer Health care, Merck Animal Healthcare, Boehringer Ingelheim Animal Health, Novartis Animal Healthcare and Smartvet Inc.
The North America Anticoccidial Drugs Market study offers the following deliverables:
North America, 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 North America 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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