Global Feed Anticoccidials Market Size Study, by Type, by Livestock, by Source, by Form, and Regional Forecasts 2022-2032

The Global Feed Anticoccidials Market is valued at approximately USD 517.05 million in 2023 and is anticipated to grow with a healthy growth rate of more than 5.15% over the forecast period 2024-2032. Feed anticoccidials are additives used in animal feed to prevent and control coccidiosis, a disease caused by protozoan parasites known as Eimeria that mainly affects poultry and may also impact other livestock. These chemical or natural compounds work by inhibiting the growth and reproduction of coccidia parasites within the animals' intestines, thus ensuring better health, performance, and welfare of the livestock. Coccidiosis can cause significant economic losses due to decreased growth rates, impaired feed conversion efficiency, increased mortality, and the necessity for medical treatment. By incorporating anticoccidials into animal feed, producers can achieve improved flock uniformity, enhanced animal welfare, and greater productivity, contributing to the sustainability and profitability of the animal agriculture sector. Meanwhile, adopting innovative animal husbandry practices and the government's initiatives to support livestock health bolster the demand for feed anticoccidials. However, the concerns associated with the safety and the stringent government regulations related to the medications for coccidiosis are a significant challenge for the manufacturers. Companies constantly focus on research and development (R&D) activities to introduce novel anticoccidials. Moreover, the growing preference for organic anticoccidial feeds on animals and the initiatives related to coccidiosis management and medications present a significant opportunity for the key players operating in the global space.

The Global Feed Anticoccidials Market is experiencing robust growth driven by various factors. The primary drivers include the increasing prevalence of coccidiosis, a disease that causes significant economic losses in the livestock industry, and the subsequent demand for effective prevention and control measures. The growing awareness among livestock farmers regarding the benefits of anticoccidials, such as improved flock uniformity and enhanced animal welfare, further propels market growth. Moreover, advancements in veterinary pharmaceuticals and feed additives have led to the development of more efficient and targeted anticoccidial products. Additionally, government initiatives promoting animal health and the adoption of sustainable farming practices contribute to the increased demand for feed anticoccidials. However, stringent regulations governing the use of anticoccidials and concerns regarding potential residues in animal products pose challenges to market growth. Nonetheless, ongoing research and development efforts aimed at introducing novel and safe anticoccidials, along with the growing preference for organic and natural alternatives, present lucrative opportunities for market expansion.

The key regions considered for the Global Feed Anticoccidials Market study include North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. In year 2023, North America has dominated the market with their highly integrated poultry industry, command a significant market share for feed anticoccidials. This is due to the efficient production and supply chain processes that characterize the region. Europe, the Middle East, and Africa (EMEA) present varied consumer needs and purchasing behaviors, driven by strict regulations on anticoccidials and a strong consumer push for antibiotic-free products. This has led to an increasing demand for alternative solutions such as probiotics and phytogenic feed additives. On the other hand, the Asia Pacific is poised to register fastest growth, driven by the expansion of the poultry industry and the rising prevalence of coccidiosis in livestock. Countries such as China, India, and Japan, which are spearheading the agricultural sector, significantly increase the demand for efficient feed additives to enhance livestock health and productivity. Several government initiatives to promote animal health and food safety further drive the growth of anticoccidials in this region.

Major market players included in this report are:

• Zoetis Inc.
• Ceva Sante Animale
• Elanco Animal Health Incorporated
• Huvepharma
• Merck & Co., Inc.
• Virbac SA
• Phibro Animal Health Corporation
• Kemin Industries Inc.
• Innov Ad NV/SA
• Koninklijke DSM N.V.
• Adnimalis Group
• Amlan International
• Eli Lilly and Company
• F Hoffmann La Roche AG
• Glamac International Private Limited

The detailed segments and sub-segment of the market are explained below:

By Type:

• Diclazuril
• DOT
• Lasalocid
• Monensin
• Narasin
• Nicarbazin
• Salinomycin

By Livestock:

• Poultry
• Ruminants
• Swine

By Source:

• Chemical
• Natural

By Form:

• Dry
• Liquid
• Common content for Report Description

By Region:

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• France
• Spain
• Italy
• ROE
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• RoAPAC
• Latin America
• Brazil
• Mexico
• Rest of Latin America
• Middle East & Africa
• Saudi Arabia
• South Africa
• RoMEA

Years considered for the study are as follows:

• Historical year - 2022
• Base year - 2023
• Forecast period - 2024 to 2032

Key Takeaways:

• Market Estimates & Forecast for 10 years from 2022 to 2032.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market.