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(MoneyNewsWire.Net, February 16, 2018 ) The report "Anticoccidial Drugs Market by Drug Type (Antibiotic Anticoccidials, Ionophore Anticoccidials, Chemical Derivative Anticoccidials), By Animals (Poultry, Swine, Fish, Cattle And Companion Animals.)- Forecast to 2022", The Anticoccidial Drugs market is expected to reach USD 1179.2 Million by 2022, at a CAGR of 3.61%. The key factors such as Increasing demand for meat proteins and usage of anticoccidial drugs and are the driving force for anticoccidial drugs market.
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By Drug type, the Antibiotic Anticoccidials segment accounted for the largest share of the market in 2017.
On the basis of drug type, the Anticoccidial drugs market has been segmented into Antibiotic Anticoccidials, Ionophore Anticoccidials, and Chemical Derivative Anticoccidials. In 2017, the Antibiotic Anticoccidials segment is expected to account for the largest share of the global Anticoccidial Drugs market. The Ionophore Anticoccidials segment, on the other hand, is expected to be the fastest-growing segment during the forecast period. Growth in this segment is mainly driven by the increase because of the high usage of anticoccidials in animal feed.
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By animals, the Companion Animals accounted for the largest share of the market in 2017 and looking to increase its market in the forecast period.
On the basis of animals, the Anticoccidial drugs market has been segmented into Poultry, Swine, Fish, Cattle and Companion Animals. In 2017, the Companion Animals segment accounted for the largest share of the global Anticoccidial drugs market. The drift of holding companion animals is instrumental to the growing usage of anticoccidials in developing regions.
North America dominated the market in 2017.
North America accounted for the largest share of the Anticoccidial Drugs market in 2017. The large share of the North American is because of the usage of anticoccidials in animal feed. The U.S. holds the largest market share for anticoccidial drugs followed by Mexico and Canada in North America. Germany, France, Spain and U.K holds major share of the European anticoccidial drugs market.
The various players in the Anticoccidial Drugs market include Bayer Health care, Zoetis, Elanco, Merial, Merck Animal Healthcare, Virbac, Ceva Santé Animale, Boehringer Ingelheim Animal Health, Novartis Animal Healthcare and Smartvet Inc.
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