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Global Anticoccidial Drugs Market: By Animal Types
The global anticoccidial drugs market is expected to reach $2.433 million by the end of 2020, growing at a CAGR of approximately 3.9% from 2014 to 2020.
Coccidiosis as a disease is present in almost all types of animals ranging from poultry, ruminants to pets. In the poultry and livestock markets, the incidence of coccidiosis has cost millions of dollars in treatment and preventive care. Additionally, the trend of pet ownership is also contributing to the increasing use of anticoccidials, as dogs, cats and sometimes even horses are prone to coccidiosis and if left untreated can lead to the death of the animal.
The global anticoccidial market is on the rise as more and more meat, milk and dairy products are needed to feed an ever-growing population. These factors mean that the farmed animal market represents almost 80% of the anticoccidial market.
1. Pork
According to research, North America is the fastest growing anticoccidial market for swine. The disease is more common and widespread in small pigs, but is seen occasionally in growing pigs and boars. The increase in the consumption of meat and its products is the main factor for increasing the growth of this market.
2. Poultry
Coccidia disease infects almost every poultry house in the world. The entire life cycle of the avian coccidian requires 7 days to complete. A short life cycle and a large number of sporulating parasite ocysts increase the risk of contamination of a large population. The growth rate of the market is slightly lower due to the decline in the poultry market over the past 5 years due to the increased incidence of bird flu and other communicable diseases that easily spread to humans at home. from infected birds. The main objective of market players will be to control communicable diseases. After that, there will be a steady growth in the poultry market which in turn will increase the growth in the drug market.
3. Ruminant
Coccidiosis is one of the main diseases affecting cows. It mainly affects calves from 6 months to 2 years old. The Asia-Pacific region, especially India, has the highest number of cattle and does not have strict regulations regarding the health of cattle. Hence, the market is expected to grow at a faster rate in the Asia-Pacific region.
4. Aquaculture
Eimeria is the only organism widely known to have caused disease in bodies of water. It mainly affects carp and marine fish. It mainly affects carp and marine fish. Only Amprolium is used for the treatment of disease in fish. The consumption of fish and other aquatic organisms is very important throughout the world. This fact gives new entrants a good reason to invest in drugs for aquatic organisms.
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