Europe Feed Anticoccidials Market
The Europe feed anticoccidials market was valued at US$ 234.76 million in 2023 and is expected to reach US$ 290.93 million by 2031; it is estimated to record a CAGR of 2.7% from 2023 to 2031. Rise in Prevalence of Coccidiosis Drives Europe Feed Anticoccidials Market
Coccidiosis is a type of gastrointestinal infection in animals caused by coccidian protozoa. When an animal comes in contact with infected feces or tissue, the disease is transmitted. Diarrhea is the primary symptom of coccidiosis. The majority of poultry coccidiosis is highly host-specific and is caused by the genus Eimeria.
Coccidiosis directly infects animals and reduces their performance; it results in large economic losses. Owing to its direct impact on flock appearance and intestinal health, it is a major global concern in the poultry industry. The EW Nutrition Technical Team reports that coccidial illness costs the poultry sector more than US$ 14 billion a year and is a serious intestinal problem. Owing to damage to the intestinal cells, the disease results in decreased body weights, increased feed conversion rates, abnormalities in skin color, irregular flock sizes, and ultimately, death. According to DSM, across the world, yearly losses were estimated at more than US$ 3 billion due to coccidiosis in chickens and other avian species. Thus, coccidiosis prevention is becoming essential for producers, veterinary associations, and regulatory authorities of various countries.
According to the World Health Organization (WHO), the usage of antibiotics such as anticoccidial in animal feed as an additive can treat infections. There is a surge in the use of anticoccidials in feed by animal feed manufacturers to fight against infection in animals, overcome losses, and improve farm profitability. Thus, the rising prevalence of coccidiosis fuels the feed anticoccidial market growth.Europe Feed Anticoccidials Market Overview
Ireland, Norway, Sweden, Denmark, Poland, Austria, Greece, Hungary, and the Netherlands are among the major countries in the rest of Europe feed anticoccidials market. These countries are witnessing increased adoption of anticoccidials due to rising livestock production and awareness about animal health. Factors such as rising demand for high-quality, disease-free meat products; and strict regulatory standards support the growth of the feed anticoccidials market in the region.
Europe Feed Anticoccidials Market Revenue and Forecast to 2031 (US$ Million)
Strategic insights for the Europe 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. The geographic scope of the Europe 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.
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Report Attribute
Details
Market size in 2023
US$ 234.76 Million
Market Size by 2031
US$ 290.93 Million
Global CAGR (2023 - 2031)
2.7%
Historical Data
2021-2023
Forecast period
2025-2031
Segments Covered
By Type
By Form
By Livestock
Regions and Countries Covered
Europe
Market leaders and key company profiles
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Europe Feed Anticoccidials Market Segmentation
The Europe feed anticoccidials market is segmented based on type, form, livestock, and country. Based on type, the Europe 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 Europe feed anticoccidials market is bifurcated into dry and liquid. The dry segment held a larger market share in 2023.
Based on livestock, the Europe 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 Europe feed anticoccidials market is segmented into the UK, Germany, Spain, Italy, France, and the Rest of Europe. The Rest of Europe dominated the Europe feed anticoccidials market share in 2023.
Phibro Animal Health Corp, Zoetis Inc, Kemin Industries Inc, Elanco Animal Health Inc, Huvepharma EOOD, Impextraco NV, and Virbac SA. are some of the leading players operating in the Europe feed anticoccidials market.
The Europe Feed Anticoccidials Market is valued at US$ 234.76 Million in 2023, it is projected to reach US$ 290.93 Million by 2031.
As per our report Europe Feed Anticoccidials Market, the market size is valued at US$ 234.76 Million in 2023, projecting it to reach US$ 290.93 Million by 2031. This translates to a CAGR of approximately 2.7% during the forecast period.
The Europe Feed Anticoccidials Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Feed Anticoccidials Market report:
The Europe Feed Anticoccidials Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Feed Anticoccidials Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Feed Anticoccidials Market value chain can benefit from the information contained in a comprehensive market report.
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