Asia Pacific Anticoccidial Drugs Industry value worth 8 Mn by 2020
Posted by MDFtrends on October 30th, 2017
According to the report Asia Pacific Anticoccidial Drugs Industry, published by Market Data Forecast, The Industry is estimated to reach 8million by 2020 from 6 Million in 2015 at a CAGR of 5.12%.
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.
Browse Market data tables and in-depth TOC of the Asia Pacific Anticoccidial Drugs Industry to 2020 @ http://www.marketdataforecast.com/market-reports/asia-pacific-anticoccidial-drugs-market-24/
Growing demand for meat proteins is increasing the usage of anticoccidial drugs and is acting as major driving force for Asia Pacificanticoccidial drugs Industry. Besides, less stringent regulations in these regions and increasing expenditure on companion animals are also assisting in growth of Industry. Further, the trend of owning companion animals is causative to the growing usage of anticoccidials in developing regions.
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The Asia Pacificanticoccidial drugs Industry is classified based on various types of animals and by type of drugs used for treatment. The animal segment is sub-categorised into fish, swine, cattle, poultry and companion animals. The companion animal further includes dogs and cats. The livestock industry in the Asian countries has seen steady growth over the past two decades. And on the basis of drug type the Industry is segmented into antibiotic anticoccidials, Ionophoreanticoccidials and chemical derivative anticoccidials. The antibiotic segment has high potential to grow in coming few years. Furthermore, on the basis of geography, the Asia PacificIndustry is analysed under various regions namely, India, China, Japan and South Korea.
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 Industrys present in the Asia Pacific regions. Some of the key players operating in the Industry are Bayer Health care, Zoetis, Merial, Elanco, Virbac, Ceva Santé Animale, Merck Animal Healthcare, Novartis Animal Healthcare, BoehringerIngelheim Animal Health and Smartvet Inc.
Key Points from Table of Contents
Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
Asia Pacific Anticoccidial Drugs Industry: Segmentation
Industry Leaders' Analysis
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