Feed Anticoccidials Market Analysis, Size, Share, Growth And Development
Data Bridge Market Research analyses that the feed anticoccidials market will project a compound annual growth rate (CAGR) of 6.40% during the forecast period of 2022-2029 and is likely to reach the USD 3.50 billion by 2029.
The Global Feed Anticoccidials Market report brings into light key market dynamics of the sector. By utilizing few steps or a number of steps, the process of formulating Feed Anticoccidials Market research report is commenced with the expert advice. This industry report contains a chapter on the global Feed Anticoccidials Market and all its linked companies with their profiles, which presents valuable data pertaining to their outlook in terms of finances, product portfolios, investment plans, and marketing and business strategies.
Some of the major players operating in the feed anticoccidials market are Bioproperties Pty Ltd, Elanco., Phibro Animal Health Corporation, Qilu Animal Health Products Co., Ltd., Impextraco NV, Kemin Industries, Inc., Virbac, Zoetis, Bayer AG, Adnimalis Group, Elixir Group, Boehringer Ingelheim International GmbH., Ceva, Huvepharma EOOD, and Merck & Co. Inc., among others.
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Feed infections are a major concern in the poultry industry since they have such a significant impact on the poultry profitability. Coccidiosis is a disease that affects animals. To prevent coccidiosis in animals, efficient and early control measures must be used. Coccidiosis can be prevented by using anticoccidials in poultry feed.
The rising threat of coccidiosis in livestock and increasing prevalence of favourable regulatory norms will influence the revenue growth of feed anticoccidials market. The upsurge in the demand for natural feed anticoccidials due to rising consumer awareness will accelerate the market’s growth. Rapid urbanization and increasing level of disposable income of people are the significant market drivers that will further flourish the growth rate. Furthermore, increasing focus on animal healthcare will bolster the growth rate of feed anticoccidials market. Other factors such as increase in the demand for antimicrobials in feed will positively impact the growth rate of feed anticoccidials market. Another significant factor includes upsurge in the sale of poultry feeds will act as a key trend that will further cushion the market’s growth rate.
Scope of the Feed Anticoccidials Market Report:
The research examines the key players in the Global Feed Anticoccidials Market in detail, focusing on their market share, gross margin, net profit, sales, product portfolio, new applications, recent developments, and other factors. It also sheds light on the vendor landscape, helping players to foresee future competitive movements in the global Feed Anticoccidials business.
The feed anticoccidials market is segmented on the basis of livestock, type, mode of consumption, form and source. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of livestock, the feed anticoccidials market is segmented into poultry, ruminant and swine.
- Based on type, the feed anticoccidials market is segmented into monensin, salinomycin, narasin and diclazuril.
- Based on mode of consumption, the feed anticoccidials market is segmented into oral and injection.
- Based on form, the feed anticoccidials market into dry and liquid.
- The feed anticoccidials market is also segmented on the basis of source into chemical and natural.
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