Asia Pacific Feed Anticoccidials Market

The Asia Pacific feed anticoccidials market was valued at US$ 482.72 million in 2023 and is expected to reach US$ 650.92 million by 2031; it is estimated to record a CAGR of 3.8% from 2023 to 2031.

Introduction of Non-Ionophores in Animal Feed Boosts Asia Pacific Feed Anticoccidials Market

Ionophores have some degree of antibacterial activity and fit the classical definition of an antibiotic. All ionophores are approved for broiler chicken production, but not all are approved or safe for turkeys. Salinomycin and narasin are quite toxic for turkeys and equines. As ionophores are antibiotics, they should not be used continuously but instead rotated with different anticoccidials. Moreover, there are stringent regulations on using antibiotics in feed as an additive. Thus, manufacturers are developing different anticoccidials that cannot be called antibiotics.

Non-ionophores are compounds produced by chemical synthesis; thus, they fall under the category of chemical anticoccidials. They destroy coccidia by cidal activity or suppress coccidia by static activity. They have no known antibacterial activity; hence, they are not considered as an antibiotic. Non-ionophores are products containing nicarbazin, zoalene, amprolium, clopidol, decoquinate, robenidine and diclazuril. EW Nutrition-an agribusiness company that creates solutions that bring reliable benefits with reduced need for antibiotics, especially in feed-has developed non-ionophores for animal feed. Owing to all these factors, livestock farmers concerned about using antibiotics in animal feed can opt for non-ionophore anticoccidials. Therefore, the introduction of non-ionophore in animal feed is expected to offer lucrative opportunities for the feed anticoccidials market during the forecast period.

Asia Pacific Feed Anticoccidials Market Overview

China is one the largest producers of pork and poultry, creating effective control measures for diseases such as coccidia, which can impact animal health and growth rates. The occurrence of coccidiosis in intensive farming operations makes the adoption of feed anticoccidials crucial in mitigating economic losses. These losses are generated from decreased feed conversion efficiency, lower weight gain, and increased mortality rates among the infected animals.

The government of China focuses on food safety and quality, which propels the market for feed anticoccidials. Regulatory bodies such as the Ministry of Agriculture and Rural Affairs (MARA) have stringent guidelines for the use of veterinary drugs and feed additives, ensuring the safety and efficacy of anticoccidial products. Furthermore, there is a growing trend of the use of natural and nonchemical anticoccidials in China.

Asia Pacific Feed Anticoccidials Market Revenue and Forecast to 2031 (US$ Million)

Asia Pacific Feed Anticoccidials Strategic Insights

Strategic insights for the Asia Pacific Feed Anticoccidials provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Asia Pacific Feed Anticoccidials Report Scope

Asia Pacific Feed Anticoccidials Regional Insights

The geographic scope of the Asia Pacific Feed Anticoccidials refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

Asia Pacific Feed Anticoccidials Market Segmentation

The Asia Pacific feed anticoccidials market is segmented based on type, form, livestock, and country. Based on type, the Asia Pacific feed anticoccidials market is segmented into ionophore, chemical anticoccidials, and chemical-ionophores. The ionophore segment held the largest market share in 2023.

In terms of form, the Asia Pacific feed anticoccidials market is bifurcated into dry and liquid. The dry segment held a larger market share in 2023.

Based on livestock, the Asia Pacific feed anticoccidials market is segmented into poultry, ruminants, swine, and others. The poultry segment held the largest market share in 2023.

Based on country, the Asia Pacific feed anticoccidials market is segmented into China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific feed anticoccidials market share in 2023.

Phibro Animal Health Corp, Zoetis Inc, Kemin Industries Inc, Elanco Animal Health Inc, Innovista Feeding Solutions Pvt Ltd, Huvepharma EOOD, Impextraco NV, Virbac SA., International Animal Health Products Pty Ltd, and Zamira Australia Ltd. are some of the leading players operating in the Asia Pacific feed anticoccidials market.