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Latin America Anticoccidial Drugs Market is expected to grow to $225 million in 2020

 



(MoneyNewsWire.Net, December 08, 2017 ) The Latin America market for anticoccidial drugs is estimated to grow from $186.4 million in 2015 to $225 Million by 2020 at a CAGR of 3.81%. The ban on consumption of antibiotics as a source of animal feed and the upsurge in incidences of antibiotic resistance microbes has seen a reduced growth in the antibiotic market, nevertheless the rising incidence of coccidiosis over the preceding 50 years and its control on the overall cost to benefit ratio for the meat industry has furthered the anticoccidials drug market.

Browse market data tables and in-depth TOC of the Latin America Anticoccidial Drugs Market to 2021 @ http://www.marketdataforecast.com/market-reports/latin-america-anticoccidial-drugs-market-26/

Coccidiosis infects a wide range of animals, such as cattle, poultry species, pigs and sheep which is responsible for the downfall in meat production. Further, increase in consumer awareness for a healthy diet containing meat proteins is causing a demand for meat production. This has created a need for adoption of antibiotics (Anticoccidial drugs) by farmers to meet the growing demand for meat production. Besides, less stringent regulations and increased expenditure on companion animals are also assistant in growth of Latin America anticoccidial drugs market. Further, the trend of owning companion animals is causative to the growing usage of anticoccidials in developing regions.

Free sample of the report is available @ http://www.marketdataforecast.com/market-reports/latin-america-anticoccidial-drugs-market-26/request-sample

The Latin America anticoccidial drugs market is classified based on various types of animals and by type of drugs. The animal segment is sub-categorised into poultry, swine, fish, cattle and companion animals. The companion animal segment is divided into dogs and cats. In addition to this the market is segmented under antibiotic anticoccidials, Ionophore anticoccidials and chemical derivative anticoccidials.

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Latin America Anticoccidial Drugs Market Geographical Analysis
• Brazil
• Mexico
• Rest of Latin America

Latin America Anticoccidial Drugs Market Leaders' Analysis
• Bayer Health care
• Zoetis
• Elanco
• Merck Animal Healthcare
• Virbac
• Ceva Santι Animale
• Boehringer Ingelheim Animal Health
• Novartis Animal Healthcare
• Smartvet Inc.

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