Feed Anticoccidial Market to Grow at 5.07% CAGR through 2029

Growing preference for natural feed additives and technological advancements in animal health diagnostic services is expected to drive the Global Feed Anticoccidial Market growth in the forecast period, 2025-2029.

According to TechSci Research report, “Feed Anticoccidial Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029F”, the Global Feed Anticoccidial Market stood at USD 398.11 Million in 2023 and is anticipated to project steady growth in the forecast period with a CAGR of 5.07% through 2029. The Global Feed Anticoccidial market is primarily driven by several key factors. The rising incidence of coccidiosis in livestock necessitates the use of anticoccidials, while the increasing global demand for meat and dairy products fuels the need for healthier livestock, thereby boosting the anticoccidial market. Technological advancements in the animal health industry have led to the development of more effective and safer anticoccidials, further driving market growth.

The global feed anticoccidial market is currently witnessing robust growth, expected to continue into the next decade. This growth is primarily fueled by the rising demand for meat and dairy products worldwide, consequently increasing the need for quality animal feed. Anticoccidials, crucial for protecting livestock from coccidiosis, a parasitic disease affecting the digestive system, are becoming indispensable components of animal feed. In regional markets, North America leads the global anticoccidial market due to high consumption of meat and dairy products. Europe closely follows, propelled by an advanced animal husbandry sector that prioritizes livestock health and welfare. Asia-Pacific is emerging as a significant market, driven by rapidly developing economies such as China and India.

Aalongside innovations, there is a notable surge in the development of new products tailored to combat coccidiosis more effectively. This trend is further amplified by a shift towards natural and organic alternatives, as more farmers seek alternatives to chemical-based anticoccidials. This transition is spurred by consumer concerns regarding the use of synthetic ingredients in animal feed, prompting the industry to adapt and provide safer and more sustainable solutions in animal health and nutrition.

 

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The Global Feed Anticoccidial Market is segmented into type, livestock, form, source, regional distribution, and company.

Based on Form, Liquid emerged as the dominating segment in the Global Feed Anticoccidial Market in 2023. The liquid formulation provides ease of application and blending into animal feed, streamlining distribution and dosage management. This feature is particularly advantageous for farmers and feed manufacturers due to its convenience. Liquid anticoccidials typically demonstrate superior stability and uniformity relative to other formulations, ensuring reliable effectiveness in preventing coccidiosis in livestock. Recent advancements in formulation technologies have further enhanced the bioavailability and absorption rates of liquid anticoccidials, thereby increasing their efficacy in safeguarding animals against coccidial infections.

Based on Region, Asia Pacific have emerged as the fastest growing region in the Global Feed Anticoccidial Market in 2023. The Asia Pacific region is witnessing notable expansion in its poultry and livestock sectors due to factors such as population growth, increasing incomes, and shifting dietary preferences towards protein-rich foods. This growth has resulted in heightened demand for animal feed, including anticoccidials, to maintain the health and productivity of livestock. There is a rising awareness among farmers in Asia Pacific regarding the importance of disease prevention and biosecurity measures in animal husbandry, driving the adoption of anticoccidials to prevent coccidiosis. Advancements in agriculture and animal health technologies are enhancing the accessibility and affordability of anticoccidials for farmers in the region, further stimulating market growth. 

Major companies operating in Global Feed Anticoccidial Market are:

• Huvepharma NV
• Elanco Animal Health Incorporated
• Impextraco NV
• Phibro Animal Health Corporation
• Ceva Animal Health, LLC
• Kemin Industries Inc.
• Virbac Schweiz AG
• Zoetis Services LLC 
• Bioproperties Pty Ltd
• Zydus Animal Health and Investments Limited

 

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“The outlook for the global Feed Anticoccidial market appears highly promising, with anticipations of significant expansion in the foreseeable future. This growth is predominantly steered by the burgeoning poultry sector, driven by the escalating global appetite for top-tier meat products. Given the widespread occurrence of coccidiosis, a parasitic ailment afflicting poultry, there exists a pressing need for efficacious anticoccidial agents to mitigate its adverse effects. With the poultry industry poised for continued growth and consumer demand for poultry goods on the rise, the demand for advanced and effective anticoccidial solutions is projected to surge, thereby further catalyzing the expansion of the global feed anticoccidial market”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“Feed Anticoccidial Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Monensin, Lasalocid, Salinomycin, Nicarbazin, Diclazuril, Others), By Livestock (Poultry, Swine, Ruminant, Others), By Form (Dry, Liquid), By Source (Chemical, Natural), By Region and Competition, 2019-2029F”, has evaluated the future growth potential of Global Feed Anticoccidial Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Feed Anticoccidial Market.

 

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