Global Animal Parasiticides Market was valued at USD 7.71 billion in 2021 and is expected to reach USD 10.99 billion by the year 2028, at a CAGR of 5.2%.
Global Animal Parasiticides Market 2022 research report gives experts analysis on the global current market size estimate, market scenario, structure, products, top industry players, segmentation by types, applications. Animal Parasiticides market report covers the dynamics that have a strong impact on the Animal Parasiticides market and can also impact its upcoming development. Growth inducing dynamics, market restraints and recent growths have also been analyzed in the report in order to deliver profound data about the industry.
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Animal parasiticides are referred to as antiparasitic, which are utilized for killing parasites infesting pets and livestock mainly. Parasiticidal products are produced by active ingredients with particular efficacies against specific parasites. These active ingredients are comprised of other inert or non-active ingredients to form a parasiticidal formation. actors such as the rising demand for animal-derived food products, increasing investments by private players, growing concerns of zoonotic diseases, regulations for preventing the spread of animal diseases, growing companion animal ownership rates, and rising animal health expenditure are driving the growth of the animal parasiticides market. However, a shift toward vegetarianism and restrictions on the use of parasiticides in food-producing animals are expected to restrain the growth of this market during the forecast period.
Leading Key Players Covered in Animal Parasiticides market:
· Bayer AG (Germany)
· Zoetis Inc. (US)
· Virbac SA (France)
· Elanco Animal Health (US)
· Elanco Animal Health Incorporated (US)
· Virbac (France)
· Merck & Co. Inc. (the US)
· Boehringer Ingelheim GmbH (Germany)
· Bimeda Animal Health (US)
· Merck Animal Health (US)
· Ceva Santé Animale (France)
· Vetoquinol S.A. (France)
· PetIQ Inc. (the US)
· Norbrook (Ireland)
· and others.
These companies are devising key strategies such as acquisitions, merges, collaborations, partnerships, new product launches, regional expansions, and targeting untapped markets to gain competitive advantage over other players working in the market.
Introspective Market Research offers a comprehensive overview of the market through the analysis of key parameters such as revenue, price, competition, and promotions, as well as the study, synthesis, and summarization of data from different sources. It analyzes the leading industry drivers and shows numerous market components. The information offered is thorough, dependable, and the result of a comprehensive primary and secondary study. Introspective Market Research reports offer a comprehensive global market as well as an in-depth strategic sourcing methodology and analysis based on qualitative and quantitative research to anticipate market growth.
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Segmentation of Animal Parasiticides market:
By Type:
· Ectoparasiticides
· Endoparasiticides
· Endectocides
By End User:
· Animal Farms
· Home Care Settings
· Veterinary Clinics & Hospitals
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Geographic Segment Covered in the Report
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
South America (Brazil, Argentina, Rest of South America)
Reasons to Purchase this Market Report:
Market forecast analysis through recent trends and SWOT analysis
Animal Parasiticides Market Dynamics Scenarios with Market Growth Opportunities over the Next Year
Market segmentation analysis, including qualitative and quantitative studies that include economic and non-economic impacts
Animal Parasiticides Market Regional and country-level analysis that integrates demand and supply forces that impact the growth of the market.
Competitive environment related to the Animal Parasiticides market share for key players, along with new projects and strategies that players have adopted over the past five years
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