Top Growth Trends in the Anticoccidial Drugs Market: Insights into Market Size and Opportunities for 2025-2034
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
Which Major Market Drivers Are Expected to Boost the Growth Potential of the Anticoccidial Drugs Market?
Anticoccidial drugs market is expected to see a surge as the demand for meat proteins rises. Meat proteins, which are found in animal flesh and include several different types of amino acids crucial to bodily function, have seen increased demand due to larger populations, increased disposable incomes, urbanization, and a shift in dietary preferences to foods high in protein. Anticoccidial drugs play a crucial role in the modern livestock farming industry by ensuring the health and productivity of animals, helping farmers to meet the rising demand for meat proteins in an efficient and sustainable way. A report published by the Organization for Economic Co-operation and Development (OECD), a France-based intergovernmental organization, and the Food and Agriculture Organization, an Italy-based specialized agency, in July 2023 found that despite an expected 2% increase in per capita meat demand globally from the base period of 2020-2022 to 2032, the FAO meat price index increased by 10% in 2022 due to reduced export supplies. As such, the increasing demand for meat proteins is boosting the growth of the anticoccidial drug market. The anticoccidial drugs market is also set to benefit from the growth in poultry farming. Poultry farming, which involves rearing domesticated birds like chickens, turkeys, ducks and geese for their meat, eggs, and feathers, has seen a rise due to increased protein demand, enhanced farming methods, and the expansion of global trade. Anticoccidial drugs are typically included in poultry feed or water as a preventive measure to protect the birds from coccidiosis, particularly during their early and most vulnerable stages of growth. According to the USDA Economic Research Service, an American government administration, in June 2023, the total annual sales for the poultry sector hit $76.9 billion in 2022, representing a 67% increase from the previous year. As such, the increase in poultry farming is contributing to the growth of the anticoccidial drug market.
Get Your Free Sample Report Now – Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=15723&type=smp
#How Does the ProjectedAnticoccidial Drugs Market Growth Compare Over the Forecast Period?
In recent years, the anticoccidial drugs market has seen substantial growth. The market size is projected to increase from $1.27 billion in 2024 to $1.37 billion in 2025, with a compound annual growth rate (CAGR) of 7.6%. The upward trend during the historical period can be traced back to the global rise in coccidiosis cases, the widespread adoption of pet animals, the high prevalence of coccidiosis, its economic impact, as well as growing concerns over food safety and animal health.
The market for anticoccidial drugs is set to experience robust growth in the coming years, scaling up to $1.81 billion in 2029, with a CAGR of 7.2%. The expansion of this market over the forecast period is due to factors such as the surge in veterinary healthcare, the escalation in the outbreak of coccidiosis in animals, intensified synthetic drug usage, increased demand for feed additives, and a spike in livestock production. Key trends during this predictive period include an increase in demand attributable to the development of new coccidiosis strains, a shift towards natural and alternate treatment procedures, more stringent regulatory examination spurring innovation, a shift in customer choice towards poultry products free of antibiotics, advancements in drug administration technologies, a greater emphasis on preventive health measures, and broadening usage in the fields of aquaculture and companion animal sectors.
You can Directly Purchase the Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=15723
What Are the Key Market Innovations in theAnticoccidial Drugs Market Over the Coming Years?
Major firms operating in the anticoccidial drugs marketplace primarily concentrate on developing innovative solutions like synthetic coccidiostat, aiming to improve effectiveness, reduce resistance buildup, and tackle new challenges in poultry and livestock care. Synthetic coccidiostat is a chemically produced compound that helps to prevent or control coccidiosis by inhibiting the proliferation of coccidia parasites in animals. For example, in March 2023, Zoetis, an animal health enterprise based in the US, introduced Avi-Deccox, a reengineered synthetic coccidiostat developed to manage coccidiosis in broiler chickens. This product specifically targets the pathogens Eimeria acervulina and Eimeria tenella, known for causing significant economic damage in poultry farming. The active ingredient in this product is decoquinate, just like its forerunner, Deccox. Avi-Deccox deals with the increasing resistance problem associated with the overuse of ionophores in poultry farming by implementing a different mechanism of action, offering a more potent short-term knock-down effect.
Who Are the Top Companies Driving Innovation and Growth in theAnticoccidial Drugs Market?
Major companies operating in the anticoccidial drugs market are Johnson & Johnson, Merck and Co. Inc., Bayer AG, Novartis AG, Eli Lilly and Company Ltd., Boehringer Ingelheim GmbH, Zoetis Inc., Elanco Animal Health Incorporated, Intas Pharmaceuticals Ltd., Ceva Santé Animale S.A., Virbac S.A., Phibro Animal Health Corporation, Vetoquinol SA, Alpharma BVBA, Kepro B.V., Kemin Industries Inc., Tianjin Ringpu Bio-Technology Co. Ltd., Hester Biosciences Limited, Huvepharma AD, Biovet S.A., Lallemand Animal Nutrition, HIPRA, Impextraco NV, Venkateshwara Hatcheries Pvt Ltd
Order Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/anticoccidial-drugs-global-market-report
Which Key Market Segments Comprise the Anticoccidial Drugs Market and Drive Its Revenue Growth?
The anticoccidial drugs market covered in this report is segmented –
1) By Drug Class: Ionophore, Antibiotic, Sulphonamides, Chemical Derivative, Other Drug Classes
2) By Drug Action: Coccidiostatic, Coccidiocidal
3) By Application: Poultry, Swine, Fish, Cattle, Companion Animals
4) By Distribution Channel: Veterinary Hospitals, Retail Pharmacy, Other Distribution Channels
Subsegments:
1) By Ionophore: Monensin, Lasalocid, Salinomycin
2) By Antibiotic: Tylosin, Lincomycin, Bacitracin
3) By Sulphonamides: Sulfadimethoxine, Sulfaquinoxaline
4) By Chemical Derivative: Diclazuril, Clopidol
5) By Other Drug Classes: Amprolium, Robenidine
Gain Exclusive Market Insights—Customize Your Research Report Today for Fast Delivery!
https://www.thebusinessresearchcompany.com/customise?id=15723&type=smp
Which Regions Are Emerging as Leaders in the Anticoccidial Drugs Market?
North America was the largest region in the anticoccidial drugs market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the anticoccidial drugs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Browse Through More Reports Similar to the Global Anticoccidial Drugs Market 2025, By The Business Research Company:
Ovarian Cancer Drugs Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/ovarian-cancer-drugs-global-market-report
Kidney Cancer Drugs Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/kidney-cancer-drugs-global-market-report
Prostate Cancer Drugs Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/prostate-cancer-drugs-global-market-report
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.
Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: