Global Feed Anticoccidials Market - 2019-2026
Anticoccidials are the agents that are used for control and prevention of coccidian infections in animals. Coccidiosis is considered as a major disease economically in poultry, swine, and cattle. Anticoccidials are administered to animals as injections or as oral medications across the globe. In-feed anticoccidials evolved as the preferred choice of medication owing to the restrictions and bans imposed on the use of antibiotics in animal health. The global feed anticoccidials market valued USD XX million in 2018 and expected to grow at a CAGR of XX% to reach a market value of USD XX million by 2026.
Growing prevalence of Coccidiosis in poultry industry is the major factor driving the global feed anticoccidials market. According to the study published in National Institute of Health in 2018, the overall prevalence of Coccidiosis in poultry was about 54.28% across the poultry farms in Algeria. The huge economic loss imposed by Coccidiosis increased the demand for in-feed anticoccidials from commercial farmers in poultry industry. According to the study published by Ayurvet Limited in 2018 states that more than USD 2.4 Billion was incurred over poultry industry alone due to coccidian infections. Growing livestock production activities and poultry population is also driving the growth of anticoccidial feed additives market.
However, stringent government regulations imposed over the usage of synthetic anticoccidials in animal feed is the major factor hindering the growth of the global feed anticoccidials market.
Global feed anticoccidials market is segmented on the basis of product type into Monensin, Amproliun, Lasalocid, Diclazuril, Narasin, and Others (Decoquinate, Halofuginone Hydrobromide, Nicrabazin, Salinomycin, Semduramicin).
Monensin is an effective coccidiostat and growth promotent in cattle, sheep and goats. It is also used extensively in poultry feed as a feed anticoccidial to protect layers and broilers from coccidiosis. Monensin dominate the global feed anticoccidials market owing to its extensive usage as feed anticoccidial additive in poultry feed, cattle feed, and swine feed. The high effectiveness and easy availability nature of Monensin is increasing its utilization in animal feed applications. The recommended inclusion rates of Monensin varies from 16 to 30 gm/ton feed for calves and 20 gm/ton feed for lambs. Poultry evolved as the largest market for feed anticoccidials with a share of over 40% in terms of sales value in 2018. Poultry segment is estimated to hold its dominance over the forecast period owing to the growing commercial production of broilers and layers to meet the global demand for poultry meat and eggs.
By region, the global feed anticoccidials market is segmented into North America, South America, Europe, Asia-Pacific, Middle-east and America.
North America is expected to dominate the global feed anticoccidials market owing to high presence of poultry farming industry and increased adoption of synthetic methods to treat the avian coccidiosis. Growing demand for high quality meat and shift in livestock producers towards precautionary maintenance of herd through feed anticoccidials are additionally contributing to the growth of North America Feed Anticoccidials Market. Decreased productivity, huge economic loss associated with post medication of avian coccidiosis diseases among the herd led to increased consumption of feed anticoccidials. Dove Medical Press Limited estimated that the medication cost associated with controlling coccidiosis was approximately 127 million USD annually in the U.S. and poultry industry accounted a loss of more than USD 600 million per year due to coccidiosis. Therefore, to economize production and confer long term disease protection, usage of anticoccidials in the animal feed increased across the region.
Asia-Pacific feed anticoccidials market is expected to grow at a higher pace during the forecast period owing to increasing establishments of commercial livestock farms and growing adoption of preventive measure through feed anticoccidials in poultry farming
The global Feed Anticoccidials Market is consolidated with major players holding significant share on the market. The market is expected to witness shift towards natural molecules derived from medicinal plants and exhibit anticoccidial properties. This is likely to turn the fate of global anticoccidial feed additives market. In October 2017, U.S. based nutritional ingredient manufacturer Kemin Industries launched innovative feed anticoccidial molecule COZANTE for poultry feed industry in Asia Pacific region. Ongoing changes in regulatory restrictions across the globe towards anticoccidial vaccines might see new players entering into feed anticoccidials market.
Some of the key players in the global feed anticoccidials market are VH Group, Phibro Animal Health Corporation, Zoetis Inc., and Huvepharma
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• Animal feed manufacturers
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• Animal health associations