Global Animal Parasiticides Market - A Report by Fact.MR
Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global animal parasiticides market. The animal parasiticides market report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth. Each segment along with its sub-segment is analyzed in terms of value and volume. Further, the animal parasiticides market report elaborates the market behavior of each vendor operating in the animal parasiticides market.
The animal parasiticides market report considers the following years to present the overall market growth:
- Estimated Year: 2026
- Forecast Year: 2020 – 2026
Key findings of the animal parasiticides market study:
- Regional breakdown of the animal parasiticides market based on predefined taxonomy.
- Innovative manufacturing processes implemented by animal parasiticides market vendors in detail.
- Region-wise and country-wise fragmentation of the animal parasiticides market to grasp the revenue, and growth outlook in these areas.
- Changing preferences among consumers across various regions and countries.
- Factors (Positive and Negative) impacting the growth of the global animal parasiticides market.
On the basis of product, the animal parasiticides market study consists of:
- Ectoparasiticides
- Endoparasiticides
- Endectocides
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On the basis of Species, the animal parasiticides market study incorporates:
- Food-Producing Animals
- Companion Animal
- Other Livestock
On the basis of region, the animal parasiticides market study contains:
- North America (U.S., Canada)
- Latin America (Brazil, Mexico)
- Europe (Germany, Italy)
- APEJ (China, India)
Key players analyzed in the animal parasiticides market study:
- The Chanelle Group
- Virbac
- Zoetis, Inc.
- Vetoquinol
- Merck & Co., Inc.
- Elanco (Eli Lilly and Company)
- Ceva Santé Animale
Queries addressed in the animal parasiticides market report:
- Why are the animal parasiticides market players targeting region for increased product sales?
- What patented technologies are the players utilizing in the global animal parasiticides market?
- Which regions are displaying the fastest growth in the animal parasiticides market?
- What are the underlying micro- macroeconomic factors affecting the global animal parasiticides market?
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Reports published by Fact.MR are a result of the combination of our experts and digital technologies. We thrive to provide innovative business solutions to the clients as well as tailor the reports aligning with the clients’ requisites. Our analysts perform comprehensive research to offer ins and outs of the current market situation. Clients across various time zones tend to utilize our 24/7 service availability.
Parasiticides are now being developed in various formats, apart from the conventional ones developed for external use, which are rather cumbersome to administer.
From oral tablets to sprays, animal parasiticides have been mapping a steady sales trail, with 'convenience to use' being integral to product innovation.
Rising pet humanization and focus on the protection of livestock and companion animals from fungi and bacterial infections, on the back of increasing incidence of zoonotic diseases, creates a highly conducive environment for the growth of the animal parasiticides market.
Taking these factors into account, Fact.MR, in its exhaustive report, portends that, the animal parasiticides market would record a CAGR tantamount to 5.5% during the forecast period (2020-2026).The animal parasiticides market report highlights the following players:Bimeda Animal HealthBoehringer Ingelheim GmbHCeva Santé AnimaleThe Chanelle GroupOthersThe animal parasiticides market report examines the operating pattern of each player – new product launches, partnerships, and acquisitions – has been examined in detail.North America Leads MarketMajor factors like growth in health awareness and trending culture of high protein consumption like keto diet contribute in highlighting animal sources as major protein source.
Demographic shift has been observed towards animal sources from conventional protein sources.
Animal proteins consumptions increases the chances of transmission of infectious disease.
The global animal parasiticides market was valued at US$ 5,606.8 Mn in 2017 and is projected to expand at a cumulative annual growth rate (CAGR) of 5.5% from 2018 to 2026 according to a new report published by Transparency Market Research (TMR) titled “Animal Parasiticides Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”.
The report suggests that increase in number of livestock farms and rise in demand for meat and animal byproducts are expected to boost the animal parasiticides market between 2018 and 2026.
North America and Europe are projected to dominate the global market owing to the rise in adoption rate of companion animals and increase in demand for meat.
Companies are focusing on the development of parasiticides chemical constituents for major diseases such as malaria in animals and Lyme disease.
Other value-added features responsible for the expansion of the animal parasiticides market include expansion of biotechnology industries for research and development on zoonotic diseases, rise in expenses for R development, and rising government initiatives in funding societies for development in agriculture field, which improves the development of animal parasiticides globally.Request COVID Analysis on Animal Parasiticides Market – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19_id=10841 Ectoparasiticides is projected to be highly lucrative deployment modeBased on product, the ectoparasiticides segment is anticipated to have a prominent share of the market, in terms of value, by 2026.
The segment is projected to expand due to rise in infestation of fleas, ticks, and other ectoparasites to companion animals and livestock, which increases the chances of bacterial, viral, and parasitic disease transmission to humans.
