Global Decoquinate-Based Products Market to Set Phenomenal Growth from 2020 to 2025
What is Decoquinate-Based Products:
Decoquinate
(ethyl 6-decoxy-7-ethoxy-4-oxo-1H-quinoline-3-carboxylate) is an antiprotozoal
agent. It acts against coccidia parasites and is thus known as a coccidiostat.
Decoquinate-based products are majorly used in veterinary medicine. The global
decoquinate-based products market is segmented on the basis of type of
formulation, and geography. Decoquinate acts on the sporozoite stage of a
coccidian parasite’s lifecycle. The sporozoite can penetrate the host’s
intestinal call and prevents their further development, which necessitates the
use of antiprotozoal substances. Decoquinate has low toxicity and is
administered orally to a wide range of mammalian and avian species.
Various
studies conducted on decoquinate-based products suggest that the drug is readily
tolerated by several target species including cattle and lambs. On the other
hand, studies conducted on rats and dogs showed minor changes in food
consumption, feed conversion, subdued behavior, and changes in body weight and
organ weight. In conclusion, though there may be a minor risk posed by
decoquinate-based products, the protection it provides against coccidian
parasites comfortably outweighs it.
On
the basis of type of formulation, the global decoquinate-based products market
is segmented into powder, tablet, and nanoparticles and so on. “Powdered
decoquinate” dominates the global decoquinate-based products industry owing to
its ease of usage. Powdered decoquinate-based products can easily be added to
animal feed, which also helps the drug get absorbed into the animal’s body at a
rapid rate.
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However, nanoscale decoquinate-based products
comprise the fastest growing segment of the global decoquinate-based products
market due to the added advantages nanoparticles provide over powders. The
smaller size of nanoparticles means they can be absorbed into the animal’s body
even quicker than powders. The increased overall surface area of nanoscale
decoquinate-based products also means they are more reactive and more likely to
encounter a coccidian parasite. On the basis of geography, the global
decoquinate-based products market is segmented into Asia Pacific, North
America, Europe, Latin America and Middle East & Africa.
North America and Europe currently dominate the
global decoquinate-based products market due to the strong economic conditions
and the large population of cattle in these regions. The Europe market for
decoquinate-based products is driven by the rising demand from Switzerland
which is known for its large dairy industry. Additionally, several
governments in North America and Europe have also set up regulatory agencies
which have also been instrumental in the growth of the global decoquinate-based
products market. These government bodies provide funds for developing novel
veterinary biologics and animal health products such as antibodies, vaccines,
diagnostic kits which are used for the prevention, diagnosis and treatment of
infectious diseases in animals.
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The Asia Pacific market for
decoquinate-based products is also growing rapidly due to the increasing
awareness about the benefits of decoquinate among cattle and poultry breeders.
The key players of global decoquinate-based products market are Alpharma,
Pfizer Inc., 3 nitro, ChlorMax, Albac, Lincomusin, Laboratories Biove’s acti
decocci and lacto decocci, Sogeval Laboratories Rumicox, Pharmacia & Upjihn
Company’s Lincomix and Qualian’s Ucamix V decoquinate.
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