The global coccidiostat market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). Coccidiostats are defined as the drugs that are used to treat and prevent coccidiosis. Coccidiosis is a contagious amoebic disease that affects livestock, particularly poultry, that inhabit in warm and humid environments. Coccidia is tiny parasitic protozoa that can cause serious infections in animals with weak immune systems such as young chickens or calves. The market growth is majorly attributed to the growing demand for coccidiostat in order to protect the livestock from related diseases. Further, the growing demand for dairy products throughout the globe along with meat products is also likely to be the key drivers for the global coccidiostat market growth. Coccidiostats are also sometimes referred to as ectoparasiticides. Apart from poultry, and livestock, coccidiostats also prevents coccidiosis in pets. These drugs aim to control the disease by preventing the growth of parasites inside the animal’s body instead of killing them directly as antibiotics carry out their function.
Additionally, increased consumption of dairy products derived from animal sources is further expected to fuel the growth of the market. Among these, the milk is considered as a nearly complete food as it is a good source of protein, fat, and major minerals. Thus, the demand for coccidiostat is anticipated to grow to keep the farm animals healthy and thus meet the dairy demand from all over the globe. Anticoccidials can be given to animals in feed or drinking water, injections, and orally. This, in turn, is contributing to the growth of the global coccidiostat market.
Market Coverage
The market number available for – 2021-2028
Base year- 2021
Forecast period- 2022-2028
Segment Covered-
By Type
By Application
Regions covered-
North America
Europe
Asia-Pacific
Rest of the World
Top Major Key Players:
Zoetis Inc., Bayer AG, and Elanco Animal Health Inc., among others.
Key questions addressed by the report
What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How COVID-19 impacted the market?
Deviation from the pre-COVID-19 forecast
Most affected region and segment
Who is the leader in the market?
How are players addressing challenges to sustain growth?
Where is the investment opportunity?
Global Coccidiostat Market Report by Segment
By Type
Antibiotic
Non-Antibiotic
By Application
Sheep
Cattle
Pigs
Cats and Dogs
Poultry
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