The global anticoccidial drug market is expected to reach $2,433 million by the end of 2020, growing at a CAGR of around 3.9% between 2014 and 2020.
Coccidiosis as a disease is present in almost all types of animals, from poultry, ruminants to companion animals. In the poultry and livestock markets, the incidence of coccidiosis has cost millions of dollars in treatment and preventive care. In addition, the trend of keeping pets is also contributing to the increased use of anticoccidials, as dogs, cats, and sometimes even horses are prone to coccidiosis and, if left untreated, could lead to death of the animal.
The global market for anticoccidials is increasing as more and more meat, milk and dairy products are required to feed an ever-growing population. These factors make the farm animal market represent almost 80% of the anticoccidial market.
1. pig
According to the research, North America is the fastest growing anticoccidial market for swine. The disease is most common and widespread in young pigs, but is occasionally seen in growing pigs and boars. The increase in the intake of meat and its products is the main factor that increases the growth of this market.
2. Birds
Coccidial disease infects nearly every poultry house in the world. The entire life cycle of avian coccidia requires 7 days to complete. The short life cycle and large number of sporulating parasite ocysts help increase the chances of contamination of a large population. The growth rate of the market is slightly lower due to the decline in the poultry market in the last 5 years due to the increased incidence of bird flu and other communicable diseases that are easily transmitted to humans through 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 especially affects calves from 6 months to 2 years of age. The Asia Pacific region, especially India, has the largest number of cattle and does not have strict regulations regarding the health of cattle. Therefore, 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 cause 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 intake of fish and other aquatic organisms is very important throughout the world. This fact gives new entrants a good reason to invest in medications for aquatic bodies.