The scope of our recent study on the "Feed Anticoccidials Market Forecast to 2031 - Global Analysis - by Type, Form, Livestock, and Geography" includes the factors fueling the feed anticoccidials market growth, revenue estimation, and forecast, market share analysis, and the identification of significant market players and their key developments.
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.
Coccidiosis is a type of gastrointestinal infection in animals caused by coccidian protozoa. When an animal comes in contact with infected feces or tissue, the disease is transmitted. Diarrhea is the primary symptom of coccidiosis. The majority of poultry coccidiosis is highly host-specific and is caused by the genus Eimeria.
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 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.
Thr feed anticoccidials market in South & Central America registers the fastest CAGR in 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 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, South & Central America'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, presents significant growth opportunities for the feed anticoccidials market in the region.
Based on type, the feed anticoccidials market is divided into ionophores, chemical anticoccidials, and chemical ionophores. The Ionophores are again sub segmented into Monensin, Salinomycin, and Other Inonophores.Chemical anticoccidials are subsegmented into Nicarbazin and Other Chemical Anticoccidials. The chemical inophores segment is projected to register the fastest CAGR from 2023 to 2031. They destroy the intracellular stages of parasites after the parasite has invaded the host cells in the intestinal lumen. Chemical anticoccidials are becoming increasingly popular among feed manufacturers as they result in a reduced number of parasites, lowering the oocysts output. Moreover, as chemical anticoccidials do not have antibacterial activity, they are not categorized as antibiotics. This factor is driving the demand for chemical anticoccidials among feed manufacturers that prevent the use of antibiotics and growth promoters.
In terms of livestock, the market is segmented into poultry, ruminant, swine, and others. Swine segmented expected to register fastest CAGR in the forecast period. Coccidiosis is a common problem in pigs that negatively impacts the small intestine and leads to scour in suckling piglets. It causes diarrhea with yellowish and whitish, foul-smelling stools. Infected pigs excrete oocysts that are coccidia eggs, which also contaminate the farms. Therefore, anticoccidials are incorporated into pig feed to prevent infection and ensure the wellness of the pigs. With the increasing focus on hygiene and high-quality, nutritious meat, livestock breeders prefer medicated feed that ensures disease prevention and wellbeing.
Global Feed Anticoccidials Market Breakdown - by Region
The report includes the segmentation of the global feed anticoccidials market as follows:
The feed anticoccidials market is segmented on the basis of type, form, livestock, and geography. Based on type, the market is segmented into ionophores, chemical anticoccidials, and chemical ionophores. The Ionophores are again sub segmented into Monensin, Salinomycin, and Other Inonophores. Chemical inophores are subsegmented into Nicarbazin and Other Chemical Anticoccidials. Based on form, the market is bifurcated into dry and liquid. In terms of livestock, the market is segmented into poultry, ruminant, swine, and others.
By geography, the market is broadly segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. The North America market is further segmented into the US, Canada, and Mexico. The feed anticoccidials market in Europe is sub-segmented into Germany, France, the UK, Italy, Spain, and the Rest of Europe. The Asia Pacific feed anticoccidials market is further categorized into China, India, Japan, Australia, South Korea, and the Rest of Asia Pacific. The market in the Middle East & Africa is further segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The South & Central America market is further categorized into Brazil, Argentina, and the Rest of South & Central America.
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