Anticoccidial Drugs Market was Valued at US$ 1,592.3 Mn in 2018,

Posted by venkatakiran on November 8th, 2019

Global Anticoccidial Drugs Market was Valued at US$ 1,592.3 Mn in 2018, Increase in the Prevalence of Coccidiosis in Animals

Analyst Speak:

The Global Anticoccidial Drugs Market was valued around US$ 1,592.3 Mn in 2018 and expected to surge at significant CAGR over the forecast period 2019-2025 owing to rise in prevalence of coccidiosis in animals around the globe

Precision Business Insights (PBI) in its report titled “Global Anticoccidial Drugs Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over eight years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.

The global anticoccidial drugs market was valued at US$ 1,592.3 Mn in 2018 and anticipated to grow at significant CAGR over the forecast years due to increase in the livestock adoption rate, grow in prevalence of coccidiosis among the livestock species, rise in veterinary healthcare expenditure, and grow in demand for pet insurance. Moreover, growth in R&D for the development of newer therapeutics for coccidiosis, government support for the livestock farmers, and grow in demand for quality meat and other livestock products are projected to boost the global anticoccidial drugs market. However, stringent regulatory guidelines for the product approval, lack awareness about coccidiosis in underdeveloped countries, and high cost of drugs are anticipated to hamper the global anticoccidial drugs market over forecast years.

Global anticoccidial drugs market segmented on the basis of drug type, animal type, distribution channel, and region

For More Information:

https://www.precisionbusinessinsights.com/market-reports/global-anticoccidial-drugs-market/             

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venkatakiran
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