Global Coccidiosis Treatment Market Overview:
Coccidiosis is caused by Eimeria, which are single-celled parasites (protozoa) that have a simple life cycle in the gut. Anticoccidial medications are critical in preventing and treating coccidiosis. Weight loss, mild intermittent to severe diarrhea, feces containing blood or mucus, dehydration, and decreased breeding are all signs of coccidiosis, one of the most common parasite illnesses of farmed animals.
As per latest study released by AMA Research, the Global Coccidiosis Treatment market is expected to see growth rate of 3.8%Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | -2027 |
Historical Period | 2017-2021 |
Unit | Value (USD N) |
High Growth Market | North America |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Growth Drivers
- Increase Risk of Coccidiosis Due to Environmental Factor and Issue Related to Hygiene
- The rise in the Consumption Rate of Meat and Poultry Product
Roadblocks
- Growing Resistance of the Pathogen, Expensive Treatment and Prevention Will Constrain the Coccidiosis Treatment Market
Opportunities
- Increasing Concern Towards Animal Health and Maintaining Healthier Diet Will Propel the Coccidiosis Treatment Market
- Increasing Number of Veterinary Hospitals and Improvement in Drug Quality will grow the Coccidiosis Treatment Market
Challenges
- Less Availability of Raw Material and Limited Production of Drug will Hamper the Coccidiosis Treatment Market
Competitive Landscape:
Some of the key players profiled in the report are Elanco Animal Health (United States), Huvepharma (United States), Phibro Animal Health (United States), US Biologic (United States), Ceva Animal Health (France), Zoetis (United States), Impextraco (Belgium), Kemin Industries (United States), Merck Animal Health (United States) and Virbac SA (France). Additionally, following companies can also be profiled that are part of our coverage like Zydus Animal Health (India), Bioproperties Pty. Ltd. (Australia) and Qilu Animal Health Products Co. Ltd. (China). Analyst at AMA Research see United States Players to retain maximum share of Global Coccidiosis Treatment market by 2027. Considering Market by Consumption Mode, the sub-segment i.e. Injection will boost the Coccidiosis Treatment market. Considering Market by Source, the sub-segment i.e. Chemical will boost the Coccidiosis Treatment market.
Latest Market Insights:
On 04 June 2021, the US Department of Agriculture, Agriculture Research Service, and US Biologic Inc. has developed an Oral Antibiotic option for the treatment of chicken coccidiosis. The newly developed oral solution comes in the form of a probiotic powder that can be blended into existing feed procedures and provided to birds throughout their lives without needing any additional stages or components. This oral approach will significantly minimize the clinical impact of coccidiosis, reduce disease transmission, and enhance poultry gut health. This indicates that birds given NK-2 have a healthier gut and are less prone to illness. The technique has been patented by the USDA-ARS and US Biologic, and US Biologic has signed an exclusive global commercialization agreement with the objective of developing and licensing it for industrial usage.
On 01 Oct 2020, Huvepharma launch a new Coccidiosis control solution Monimax. Monimax is a mixture of two anticoccidials, nicarbazin and monensin, which operate in distinct ways. The ionophore monensin is poorly absorbed by epithelial cells. It will interact with the parasite when it is extracellular, mostly before it penetrates the epithelial cells, implying that it will have an early impact on the parasite's life cycle. Nicarbazin is efficiently absorbed by epithelial cells and has an intracellular interaction with the parasite. Nicarbazin affects the first and second stage schizonts and suppresses the parasite later in its life cycle. Because large dosages of nicarbazin can induce stress in birds, the combination of the two in Monimax reduces the risk of damage to birds.
What Can be Explored with the Coccidiosis Treatment Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Coccidiosis Treatment Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Coccidiosis Treatment
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Coccidiosis Treatment market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Coccidiosis Treatment market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Coccidiosis Treatment Manufactures, Coccidiosis Treatment Distributors and Suppliers, Research and Development Institutes, Upstream and Downstream Buyers, Financial Institutes and Investors, Regulatory Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.