Global Anticoccidial Drugs Market Overview

1. Market Size & CAGR of Smartphones Market in 2021

The global anticoccidial drugs market is expected to have a growth rate of 3.61% CAGR from 2021 to 2030. As a result, the market is anticipated to grow by USD 1691.94 Million by 2028.

2. COVID-19 Impact on the Smartphones Market

The COVID-19 pandemic had a significant impact on the global anticoccidial drugs market. With the spread of the virus, there was a growing need for animal healthcare and preventive medication. This led to an increase in demand for anticoccidial drugs, driving the market growth during the pandemic.

3. Smartphones Dynamics

Anticoccidial drugs are essential in the veterinary medicine industry to prevent and treat coccidiosis in animals. These drugs play a crucial role in maintaining animal health and productivity, particularly in the case of coccidiosis infections.

4. Segments and Related Analysis

Anticoccidial Drugs Market Share Insights:

Based on the Drug type, the ionophore anticoccidials segment had the largest market share of the global anticoccidial drugs market in 2022. Based on animal type, the poultry animal segment had the largest market share of the global anticoccidial drugs market in 2022.

5. By Region Analysis

Regional Market Analysis:

The North American anticoccidial drugs market had the most significant global market share in 2022. The APAC region is forecasted to be growing at a CAGR of 4.3% from 2022 to 2027. Europe and Latin America are also expected to contribute significantly to the global anticoccidial drugs market.

6. Key Market Players and Competitive Landscape

Key Players in the Market:

Noteworthy companies in the global anticoccidial drugs market include Bayer Health care, Zoetis, Elanco, Merial, Merck Animal Healthcare, Ceva Santé Animale, Virbac, Boehringer Ingelheim Animal Health, Novartis Animal Healthcare, and Smartvet Inc.

7. Recent Happenings in the Smartphones Market

Market Developments:

In April 2022, Amlan International announced natural alternatives to anticoccidial drugs. Zoetis showed significant weight gain in suckling calves from implants in May 2020. Virbac launched Multimin for cattle in September 2019. Ceva Sante Animale partnered with ProBioGen to transform poultry vaccines using advanced technology in October 2019.