Market Overview:
The Coccidiosis Treatment Market is forecasted to reach $3.2 billion by 2030, growing at a CAGR of 3.6% from 2024 to 2030. The growth is attributed to the rising prevalence of coccidian diseases in poultry, swine, and companion animals, combined with the increased adoption of intensive farming techniques across developed countries. Coccidiosis, caused by Coccidia parasites, primarily affects the intestines of birds and mammals, leading to significant economic losses in the poultry and livestock industries.
Regional Insights:
In 2023, North America dominated the Coccidiosis Treatment Market, holding the largest share at 36%, largely due to the region’s extensive poultry farming industry and high demand for meat and poultry products. The U.S. poultry sector alone faces an estimated $300 million in annual losses due to coccidiosis, making prevention and treatment a high priority. The growing awareness of coccidiosis treatment alternatives and improvements in veterinary healthcare across the region further bolster market growth.
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Scope of the Report:
Recent Developments:
- In June 2023, DSM-Firmenich completed the acquisition of Adare Biome, a leading company in postbiotic solutions. Additionally, in November 2022, DSM-Firmenich acquired Essex, further expanding its portfolio in health and nutrition solutions.Coccidiosis Treatment Market: Competitive LandscapeThe Coccidiosis Treatment market is competitive, with key players focusing on product innovation, strategic partnerships, and geographical expansion. Major companies include: DSM-Firmenich, Vetoquinol SA, Zoetis, Inc., Huvepharma, Boehringer Ingelheim Vetmedica, Inc., Merck Animal Health, HIPRA, Elanco, Merial, and Bayer Animal Health.
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