Anticoccidial Drugs Market Forecast 2023-2030 - Size, Growth Drivers and Leading Regions
Anticoccidial Drugs Market to grow from USD 1.42 Billion in 2023 to USD 1.97 Billion by 2030, at a CAGR of 3.6%.
Coccidiosis is an intestinal illness caused by protozoa that is parasitic (Eimeria spp.) in livestock, poultry, as well as smaller animals. It is a major economic burden on the industry of livestock. Control and prevention of coccidiosis is a mix of management techniques including feed additives, vaccines and vaccinations.
The market for anticoccidial drugs is predicted to expand during the time period of analysis due to the prevalence of coccidiosis within animals like horses, cattle, and cats. Coccidiosis is a prevalent issue in kennels and catteries which is why the demand for anticoccidial medication in this sector is predicted to propel market's expansion.
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The anticoccidial medications are mostly employed as preventative drugs to treat Coccidiosis, a parasitic illness that affects livestock, particularly poultry. Coccidiosis is a major obstacle on production of meat from poultry worldwide and is the leading cause of death in birds across the world. Utilizing effective affordable, safe and economical anticoccidial medications is essential to making sure that there is safety and profit of farming poultry.
Competitive Landscape of the Anticoccidial Drugs Market Analysis
Major players include Boehringer Ingelheim, Ceva, Elanco Animal Health, Merck, Virbac, and Zoetis.
New Developments in Anticoccidial Drugs Market
28 September 2023- Ceva’s Roberto Soares says treatment shift happening for coccidiosis
Long-term and large-scale usage of anticoccidial medications has resulted in the increase in resistance to these drugs. Resistance can be reduced by rotation (a particular anticoccidial substance is utilized for at least two fattening intervals) or shuttle programs (two and more anticoccidial medicines are utilized within a fattening time).
There are a variety of anticoccidial medications available on the market, however only the polyether-ionophores and the ionophore blends have sufficient effectiveness against Coccidiosis. Polyether ionophores have the ability to disrupt the parasite's membrane by blocking calcium channels.
Ionophore combinations are able to slow metabolic processes of Eimeria oocysts. They eliminate them by competing for their thiamine the ion. Ionophore combinations (nicarbazin/narasin and methlorpindol/methylbenzoquate) also show good efficacy in controlling coccidiosis.
Concerns about the presence of antibiotic residues in poultry product The demand for non-ionophore anticoccidial medications is growing. This is especially true for producers who are not using antibiotics, as the use of ionophore medications is not permitted because they are considered antibiotics.
This has led to the search for other methods to control coccidiosis, like live attenuated vaccinations as well as other pre- and probiotics. However, they are not able to provide satisfactory results.
The primary drawback to the use of ionophore anticoccidials is that they are not able to be used in production of chickens that are not treated with antibiotics. Furthermore, these medicines can leave residues of drug in the food and the environment which are not removed during the process of decontamination. This, together with restrictions on regulatory compliance and concerns of consumers regarding residues of drugs, are an important obstacle to development of these products.
However the introduction of Fecal scoring as an assessment method to determine the effectiveness of anticoccidial medicines which do not require a prescription from a veterinarian could overcome these restrictions and help to boost the growth of the market. This method is based on comparison of those in the medicated group(s) against the non-medicated, inoculated groups to confirm that the level of virulence is appropriate and is more accurate than the lesion scores. However, it must be observed that fecal scoring hasn't yet been thoroughly validated, and thus requires more studies and tests before it is widely used. However, it's useful in evaluating the efficacy of anticoccidial medications.
Market of Anticoccidial Drugs is growing due to an increase in meat consumption and the rise in disposable income and the growing trend of having companion animals. These are also the reasons for the rise of the industry of livestock worldwide that is predicted to boost demand for anticoccidial medications.
Furthermore, the increasing consciousness of the importance of eating healthy and the increasing expenditure on health products are anticipated to further boost the development of anticoccidial medicines. The market for anticoccidial medications is further influenced by rise in factory farming which sees huge numbers of animals like goats, cattle, pigs as well as chickens, are kept in a group to increase profits for agribusiness. This increases the risk of disease spreading from one animal to another which in turn increases the need for anticoccidial medicines.
Anticoccidial medicines are used to treat and manage coccidiosis among poultry. This is a serious illness that is a threat to the internal organs of the chicken and could cause death if it is not treated. Furthermore, a recurrence of the disease can have grave consequences for the industry of poultry. So, poultry farmers are increasingly turning to anticoccidial medicines to lower the risk of the disease as well as ensure the security for their animals.
Growing R&D investments along with strategic collaborations and changes in the regulation are some of the primary factors behind the development of anticoccidial drugs. These trends are affecting the development of novel anticoccidial medications that offer enhanced efficacy, fewer negative side effects, as well as more targeted treatment of specific species of coccidia.
Furthermore this market is driven by an increasing demands for natural and non-antibiotic products. The strict regulations governing manufacturing of such products have resulted in an increase in the demand for products that are used in the treatment of animals which include anticoccidial medications.
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