Animal Parasiticides Market Demystifying the market Size, trends & growth 2030

Author : maxx devid | Published On : 10 Apr 2024

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Animal parasiticides market to growing at a CAGR of 5.45% in the forecast period of 2022-2029. The rising demand for animal-derived food products will help in driving the growth of the animal parasiticides market.

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Animal parasiticides are chemicals that kill parasites other than fungi and bacteria in livestock, pets, and other animals. These are generally inert ingredients that are created in a formulation and contain one or more active ingredients. The majority of parasiticidal active ingredients have similar chemical structures and share many characteristics. They are frequently classified into chemical classes or families.

The global animal parasiticides market is expected to grow significantly over the forecast period owing to increased global awareness about animal healthcare. Furthermore, the growing number of livestock animals used for food production in emerging economies is increasing demand for animal healthcare products, which is driving the growth of the global animal parasiticides market. An increase in animal healthcare expenditure for animal welfare to improve livestock animal health is fueling the overall animal parasiticides market. Furthermore, rising adoption of companion animals in developed economies is expected to have a positive impact on the animal parasiticides market.

Growing concerns about zoonotic diseases, regulations to prevent the spread of animal diseases, the growth of the companion animal market, and rising animal health expenditure are expected to accelerate the growth of the animal parasiticides market during the forecast period.

This animal parasiticides market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on animal parasiticides market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

The report provides insights on the following pointers:

Market Penetration: Comprehensive information on the product portfolios of the top players in the Animal Parasiticides Market.
Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Animal Parasiticides Market.

Animal parasiticides market is segmented on the basis of product type, animal and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.

Animal Parasiticides Market Country Level Analysis

The animal parasiticides market is analysed and market size insights and trends are provided by country, product type, animal and end user as referenced above.

The countries covered in the animal parasiticides market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the animal parasiticides market due to increased consumption of animal-derived food products, rising demand for companion animal healthcare products, and rising demand for innovative parasiticides by veterinarians, pet owners, and food-producing animal producers, while Asia-Pacific is expected to grow at the fastest rate during the forecast period of 2022 to 2029 due to an increase in farm animal population and a focus on healthcare practises.

Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Animal Parasiticides Market Landscape

Part 04: Global Animal Parasiticides Market Sizing

Part 05: Global Animal Parasiticides Market Segmentation by Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

This study answers to the below key questions:

What are the key factors driving the Animal Parasiticides Market?
What are the challenges to market growth?
Who are the key players in the Animal Parasiticides Market?
What are the market opportunities and threats faced by the key players?

Some of the major players operating in the animal parasiticides market are Eli Lilly and Company., Merck and Co., Inc., Bayer AG, Virbac, Vetoquinol S.A., Oceanic Pharmachem, Zoetis, Boehringer Ingelheim International GmbH, Ceva, Bovian Health Care, Intas Pharmaceuticals Ltd., Erbe Elektromedizin GmbH, Conmed Corporation¸ Megadyne Medical Products, Inc., KLS Martin Group, ACOMA Medical Industry Co., Ltd, Doral Medical, Perlong Medical Equipment Co., Ltd., Stryker, and Special Medical Technology among others.

By Product Type (Ectoparasiticides, Endectocides, Endoparasiticides), Animal (Companion Animals, Food-producing Animals), End User (Veterinary Hospitals and Clinics, Animal Farms, Home Care Settings)

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