$5190
$4152
The feed anticoccidials market size is projected to reach US$ 1.63 billion by 2031 from US$ 1.25 billion in 2023. The market is expected to register a CAGR of 3.3% during 2023–2031. The rising adoption of bio shuttle programs is likely to continue as a key trend in the market. The bio shuttle program involves strategically using advanced technologies and practices to prevent coccidiosis and enhance bird health and performance. The program can improve feed conversions and weight gain while assisting in managing intestinal injuries.
Feed Anticoccidials Market Analysis
The growth in livestock production is likely to create a demand for feed anticoccidials to fight against diseases such as coccidiosis. Livestock farmers are also concerned about the health of livestock. Thus, they are adopting various strategies to fight against diseases and investing in feed antibiotics such as anticoccidials. Phibro Animal Health Corp, Kemin Industries Inc., Elanco Animal Health Inc., Zoetis Inc., and Huvepharma EOOD are among the major feed anticoccidials manufacturers operating in the market. Market players are investing in research & development to launch more efficient products with improved benefits to attract a large number of consumers.
Feed Anticoccidials Market Overview
Feed anticoccidials are feed additives used to prevent intestinal diseases such as coccidiosis among livestock animals. It is considered an antibiotic in animal feed. There are three types of feed anticoccidials available i.e., ionophores, chemical anticoccidials, and chemical-ionophores. The prevalence of coccidiosis is increasing in poultry birds, equines, and ruminants. Thus, livestock farmers and feed manufacturers are incorporating anticoccidials in animal feed that can further reduce the impact of intentional disease caused by parasites. Moreover, the surging livestock population across the globe with increasing meat and dairy consumption creates a huge demand for feed anticoccidials as a feed additive.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Feed Anticoccidials Market: Strategic Insights
Shejal
Have a question?
Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Feed Anticoccidials Market: Strategic Insights
Shejal
Have a question?
Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to AnalystFeed Anticoccidials Market Drivers and Opportunities
Rise in Prevalence of Coccidiosis
Coccidiosis directly infects animals and reduces their performance; it results in large economic losses. Owing to its direct impact on flock appearance and intestinal health, it is a major global concern in the poultry industry. The EW Nutrition Technical Team reports that coccidial illness costs the poultry sector more than US$ 14 billion a year and is a serious intestinal problem. Owing to damage to the intestinal cells, the disease results in decreased body weights, increased feed conversion rates, abnormalities in skin color, irregular flock sizes, and ultimately, death. According to DSM, across the world, yearly losses were estimated at more than US$ 3 billion due to coccidiosis in chickens and other avian species. Thus, coccidiosis prevention is becoming essential for producers, veterinary associations, and regulatory authorities of various countries.
According to the World Health Organization (WHO), the usage of antibiotics such as an anticoccidial in animal feed as an additive can treat infections. There is a surge in the use of anticoccidials in feed by animal feed manufacturers to fight against infection in animals, overcome losses, and improve farm profitability. Thus, the rising prevalence of coccidiosis fuels the feed anticoccidial market growth.
Introduction of Non-Ionophores in Animal Feed
Non-ionophores are compounds produced by chemical synthesis; thus, they fall under the category of chemical anticoccidials. They destroy coccidia by cidal activity or suppress coccidia by static activity. They have no known antibacterial activity; hence, they are not considered as an antibiotic. Non-ionophores are products containing nicarbazin, zoalene, amprolium, clopidol, decoquinate, robenidine and diclazuril. EW Nutrition—an agribusiness company that creates solutions that bring reliable benefits with reduced need for antibiotics, especially in feed—has developed non-ionophores for animal feed. Owing to all these factors, livestock farmers concerned about using antibiotics in animal feed can opt for non-ionophore anticoccidials. Therefore, the introduction of non-ionophore in animal feed is expected to offer lucrative opportunities for the feed anticoccidials market during the forecast period.
Feed Anticoccidials Market Report Segmentation Analysis
Key segments that contributed to the derivation of the feed anticoccidials market analysis are type, form, and livestock.
- Based on type, the feed anticoccidials market is segmented into ionophores, chemical anticoccidials, and chemical ionophores. The ionophore segment held the largest market share in 2023.
- By form, the market is bifurcated into dry and liquid. The dry segment held a larger share of the market in 2023.
- In terms of livestock, the market is segmented into poultry, ruminant, swine, and others. The poultry segment held a significant share of the market in 2023.
Feed Anticoccidials Market Share Analysis by Geography
The geographic scope of the feed anticoccidials market report is mainly divided into five regions—North America, Asia Pacific, Europe, the Middle East & Africa, and South & Central America. Asia Pacific held the largest market share in 2023, whereas the market in South & Central America is expected to register the highest CAGR during the forecast period.
The feed anticoccidials market in South & Central America is driven by the growing livestock industry and rising producer awareness about animal health. Brazil, Argentina, and Mexico are among the major players in the global meat export market, majorly in the beef and poultry sectors. The growing livestock sector increases the use of effective disease management solutions, including anticoccidials, to protect animal health and boost productivity. Anticoccidial drugs are crucial in controlling coccidiosis, a major concern for poultry and other livestock, which can significantly impact farm profitability by reducing productivity. The adoption of these practices is gaining momentum in health and nutrition management, aiming to prevent coccidiosis, enhance animal health, and improve feed efficiency. Hence, the region has experienced a significant increase in the use of anticoccidial feed additives.
South & Central America is experiencing a growing trend toward sustainable and environmentally friendly livestock production practices. Moreover, the region's regulatory frameworks are changing to ensure food safety and animal welfare. The demand for anticoccidial solutions is driven by the growing consumption of animal protein and rising global market exports. This factor, along with enhanced livestock health standards and productivity, would present significant opportunities for the feed anticoccidials market in the region during the forecast period.
Feed Anticoccidials Market Report Scope
Feed Anticoccidials Market News and Recent Developments
The feed anticoccidials market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few key recent developments in the feed anticoccidials market are listed below:
- Zoetis and Phibro Animal Health acquired Zoetis' medicated feed additive product portfolio, water-soluble products, and related assets for US$ 350 million. The acquisition, which generated US$ 400 million in revenue in 2023, includes over 37 product lines and six manufacturing sites. (Source: Phibro Animal Health, Company Website, April 2024)
- Elanco Animal Health Inc introduced ZoaShield in the US, a flexible zoalene solution designed to control coccidiosis in poultry, particularly in No Antibiotics Ever flocks, for various seasons and operations. (Source: Elanco Animal Health Inc, Press Release, May 2021)
- Baur & Co Ltd joined Elanco Animal Health in launching two new veterinary products in Sri Lanka, introducing two new products to the livestock sector. (Baur & Co Ltd, Press Release, March 2021)
Feed Anticoccidials Market Report Coverage and Deliverables
The "Feed Anticoccidials Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- The feed anticoccidials market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- The feed anticoccidials market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed Porter's Five Forces and SWOT analysis
- The feed anticoccidials market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the feed anticoccidials market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
Adoption of bio shuttle program for managing coccidiosis is likely to emerge as a key trend in the market in the future.
Asia Pacific accounted for the largest share of the market in 2023.
The increasing production of livestock and the rising prevalence of coccidiosis contribute to the growth of the market.
The market size is projected to reach US$ 1.63 million by 2031.
Phibro Animal Health Corp, Kemin Industries Inc., Elanco Animal Health Inc., Zoetis Inc., Huvepharma EOOD, Innovista Feeding Solutions Pvt Ltd, Impextraco NV, Virbac SA, International Animal Health Products Pty Ltd, and Zamira Australia Ltd are a few of the key players operating in the market.
The List of Companies - Feed Anticoccidials Market
- Phibro Animal Health Corp
- Zoetis Inc
- Kemin Industries Inc
- Elanco Animal Health Inc
- Huvepharma EOOD
- Innovista Feeding Solutions Pvt Ltd
- Impextraco NV
- Virbac SA
- International Animal Health Products Pty Ltd
- Zamira Australia Ltd
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Trends and growth analysis reports related to Feed Anticoccidials Market
Aug 2024
Blueberries Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Form (Fresh, Frozen, and Dried), Category (Conventional and Organic), End Use (Food Service, Food Retail, and Food Processing), and Geography
Aug 2024
Resistant Starch Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Form (Dry and Liquid), Type (Type1, Type2, Type3, and Type4), Application [Food and Beverages (Bakery and Confectionery, Dairy and Frozen Dessert, Beverages, Sweet and Savory Snacks, and Others), Dietary Supplements, and Animal Nutrition], and Geography
Aug 2024
Demineralized Whey Powder Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type (50% Demineralized Whey, 70% Demineralized Whey, 90% Demineralized Whey, and Others), Category (Conventional and Organic), Application (Bakery and Confectionery, Dairy and Frozen Desserts, Infant Nutrition, Beverages, and Others), and Geography
Aug 2024
Tallow Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Source (Beef, Sheep, and Others), End-Use Industry (Food & Beverages, Personal Care & Cosmetics, Lubricants, Biofuel, Animal Nutrition, and Others), and Geography
Aug 2024
Frozen Belgian Waffles Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Product Type (Brussels Waffles and Liege Waffles/Belgian Sugar Waffles), Nature (Flavored and Plain), Category (Conventional and Gluten-Free), End User (Foodservice and Food Retail), and Geography
Aug 2024
Frozen Bakery Products Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Product Type (Bread and Rolls, Cakes and Pastries, Biscuits and Cookies, and Others), Category (Gluten-Free and Conventional), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retail, and Others), and Geography
Aug 2024
Ice Cream Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Flavor (Vanilla, Chocolate, Berries, Matcha, and Others), Category (Conventional and Sugar Free), Form (Cups and Tubs, Bars and Sticks, and Others), Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others), and Geography