The Asia Pacific Anticoccidial Drugs Market is estimated to reach $598million by 2020 from $466 Million in 2015 at a CAGR of 5.12%.
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Coccidiosis is a parasitic infection of the intestinal tract of animals, which is caused by coccidian protozoa. The disease spreads from one animal to another by any means of contact with infected faeces or consumption of infected tissue which is responsible for devastating mislay in meat production.
To overcome this condition, anticoccidial drugs play a vital role in the prevention and treatment of coccidiosis.
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Growing demand for meat proteins is increasing the usage of anticoccidial drugs and is acting as major driving force for Asia-Pacific anticoccidial drugs market. Besides, less stringent regulations in these regions and increasing expenditure on companion animals are also assisting in growth of market.
Further, the trend of owning companion animals is causative to the growing usage of anticoccidials in developing regions.
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Asia-Pacific Anticoccidial Drugs Market: Segmentation
By Drug Type
- Antibiotic anticoccidials
- Ionophore anticoccidials
- Chemical derivative anticoccidials
By Animal Type
- Companion Animal
Anticoccidial industry is currently facing diverse challenges related to microbial resistance build-up to drugs and increasing government regulations, consequently the major players in the industry are focusing on less regulated markets present in the Asia Pacific regions. Some of the key players operating in the market are Bayer Health care, Zoetis, Merial, Elanco, Virbac, Ceva Santé Animale, Merck Animal Healthcare, Novartis Animal Healthcare, Boehringer Ingelheim Animal Health and Smartvet Inc.
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Asia-Pacific Anticoccidial Drugs Market Report:
- Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
- Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
- Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
- Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
- Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
- A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
- Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
- An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
- Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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