Global Anticoccidial Drugs Market Growth, Size, Share, Industry Report and Forecast 2020-2026
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High meat consumption, increasing awareness related to healthy food, rising disposable income, rising chances of zoonotic diseases (disease passing from animals & insect to people) are the key factors for the growth of the anticoccidial drugs industry across the globe. Factory farming for meat is on the rise globally where a large number of animals including cows, pigs, turkeys, goats, sheep, pigs, or chickens are kept together to increase productivity at the lowest possible cost. For instance, in the US, more than 95% of animals are produced in factory farming for maximizing agribusiness profit. These considerably raises the chances of spreading diseases among other fellow animals if one animal gets infected by a particular disease.
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Moreover, government support to poultry and dairy farming and the development of a better supply chain of drugs are also considerable factors contributing to the growth of the market. However, an alternative solution such as vaccines for coccidiosis is also available in the European region which is a restraining factor for the drug market growth. In some regions, herbal medicines are also widely used for the treatment of coccidiosis which is restraining the market growth.
Global Anticoccidial Drugs Market Segmentation
By Drug Type
· Chemical Derivative
By Animal Type
· Companion Animal
· United States
· Rest of Europe
· South Korea
· Rest of APAC
Rest of The World
· Bayer AG
· Bioproperties Pty. Ltd.
· BOEHRINGER Ingelheim International GmbH
· Ceva Santé Animale
· Elanco Animal Health Inc.
· Huvepharma EOOD
· Impextraco N.V.
· Kemin Industries, Inc.
· Merck & Co., Inc.
· Phibro Animal Health Corp.
· Qilu Animal Health Products Co., Ltd.
· Schering-Plough Corp.
· Venkateshwara Hatcheries Pvt. Ltd.
· Vetoquinol S.A.
· Virbac S.A.
· Zoetis, Inc.
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