Feed Anticoccidials Market by Type (Diclazuril, DOT, Lasalocid), Livestock (Poultry, Ruminants, Swine), Source, Form - Global Forecast 2024-2030

Feed Anticoccidials Market by Type (Diclazuril, DOT, Lasalocid), Livestock (Poultry, Ruminants, Swine), Source, Form - Global Forecast 2024-2030

The Feed Anticoccidials Market size was estimated at USD 517.05 million in 2023 and expected to reach USD 542.93 million in 2024, at a CAGR 5.09% to reach USD 732.39 million by 2030.

Feed anticoccidials are an additive 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 is capable of causing 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.

Regional Insights

In the Americas, the United States and Canada command a significant market share for feed anticoccidials due to the highly integrated poultry industry, promoting efficiency across the production and supply chain, which refines customer purchasing behavior around value-driven and scientifically backed products. On the other hand, Europe, the Middle East, and Africa (EMEA) present varied consumer needs and purchasing behaviors due to the diverse nature of these regions. European countries, driven by strict regulations on anticoccidials and a strong consumer push for antibiotic-free products, are increasingly looking at alternative solutions, including probiotics and phytogenic feed additives. The demand for halal products and cost constraints significantly influence the demand for feed anticoccidials in Middle East and African regions. These regions are seeing an increase in local and international investment, aiming to develop region-specific solutions for coccidiosis control in poultry. The feed anticoccidials market in the Asia Pacific region has been demonstrating significant growth, propelled 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.

Market Insights

• Market Dynamics
  
  The market dynamics represent an ever-changing landscape of the Feed Anticoccidials Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
  • Market Drivers
    • Rising Prevalence of Coccidiosis in Livestock
    • Adoption of the Innovative Animal Husbandry Practices
    • Government Initiatives for Livestock Health & Welfare
    • Market Restraints
      • Concerns Regarding the Safety of Anticoccidials Feeds on Animal, and Human Health
      • Market Opportunities
        • Preferences for Organic Feed Anticoccidials Considering Rising Consumer Awareness
        • Introduction of Coccidiosis Management Initiative and Medications
        • Market Challenges
          • Stringent Regulations and Availability of Medications for Coccidiosis
          • Market Segmentation Analysis
            • Type: Various type of anticoccidials offering a better health benefits while ensuring better productivity
            • Livestock: Extensive uses of anticoccidials in chickens and cattles to tackle eimeria parasites
            • Source: Expanding use of natural anticoccidials to enhance gut health and immunity
            • Form: Preference to dry and liquid formed anticoccidials as per their need in animals feed additives
            • Market Disruption Analysis
            • Porter’s Five Forces Analysis
            • Value Chain & Critical Path Analysis
            • Pricing Analysis
            • Technology Analysis
            • Patent Analysis
            • Trade Analysis
            • Regulatory Framework Analysis
            FPNV Positioning Matrix
            
            The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Feed Anticoccidials Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
            
            Market Share Analysis
            
            The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Feed Anticoccidials Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
            
            Recent Developments
            • Creative Diagnostics Launches Rapid Robenidine Test Reagents for the Analysis of Anticoccidial Residues
              
              Creative Diagnostics, a provider of antibodies, conjugates, and assay reagents, has introduced innovative Robenidine Test Reagents to ensure the safety and compliance of poultry meat and organ products. These test kits are pivotal in enabling stakeholders in the food production and regulatory sectors to ascertain robenidine levels within the food supply, thus protecting consumer health and adhering to global food safety standards.
              
              Volac unveils new feed additives division
              
              Volac is intensifying its efforts to support the animal feed industry's journey towards net-zero emissions by launching a dedicated Feed Additives division uniquely positioned to foster innovation in product development. The division's creation underscores Volac's dedication to overcoming upcoming industry challenges while remaining loyal to providing insightful technical guidance, cutting-edge products, and value-added services aimed at bolstering farm efficiency and eco-friendly practices.
            Strategy Analysis & Recommendation
            
            The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Feed Anticoccidials Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
            
            Key Company Profiles
            
            The report delves into recent significant developments in the Feed Anticoccidials Market, highlighting leading vendors and their innovative profiles. These include Adnimalis Group, Amlan International, Ceva Sante Animale, Elanco Animal Health Incorporated, Eli Lilly and Company, F Hoffmann La Roche AG, Glamac International Private Limited, Hebei Veyong pharmaceutical Co., Ltd., Huvepharma, Impextraco NV, Innov Ad NV/SA, International Animal Health Products, Kemin Industries Inc., Koninklijke DSM N.V., Life Circle Nutrition AG, Medicavet, Medmac, Merck & Co., Inc., Nutriment Health Pty. Ltd., Phibro Animal Health Corporation, Phiphar Healthcare Limited, PlusVet Animal Health, Qilu Animal Health Products Co., Ltd., Simfa Labs Pvt Ltd, Vetogen Animal Health, Virbac SA, Zamira Australia Limited, and Zoetis Inc..
            
            Market Segmentation & Coverage
            
            This research report categorizes the Feed Anticoccidials Market to forecast the revenues and analyze trends in each of the following sub-markets:
            • Type
              • Diclazuril
              • DOT
              • Lasalocid
              • Monensin
              • Narasin
              • Nicarbazin
              • Salinomycin
              • Livestock
                • Poultry
                • Ruminants
                • Swine
                • Source
                  • Chemical
                  • Natural
                  • Form
                    • Dry
                    • Liquid
                    • Region
                      • Americas
                        • Argentina
                        • Brazil
                        • Canada
                        • Mexico
                        • United States
                          • California
                          • Florida
                          • Illinois
                          • New York
                          • Ohio
                          • Pennsylvania
                          • Texas
                          • Asia-Pacific
                            • Australia
                            • China
                            • India
                            • Indonesia
                            • Japan
                            • Malaysia
                            • Philippines
                            • Singapore
                            • South Korea
                            • Taiwan
                            • Thailand
                            • Vietnam
                            • Europe, Middle East & Africa
                              • Denmark
                              • Egypt
                              • Finland
                              • France
                              • Germany
                              • Israel
                              • Italy
                              • Netherlands
                              • Nigeria
                              • Norway
                              • Poland
                              • Qatar
                              • Russia
                              • Saudi Arabia
                              • South Africa
                              • Spain
                              • Sweden
                              • Switzerland
                              • Turkey
                              • United Arab Emirates
                              • United Kingdom
                              
                              
                              Please Note: PDF & Excel + Online Access - 1 Year