The Livestock Parasiticides Market Size was at $2.6 billion in 2021, and is estimated to reach $4.9 billion by 2031, growing at a CAGR of 6.7% from 2022 to 2031. The livestock parasiticides market is meant to provide the chemical substances that remove parasites other than fungi and bacteria in animal livestock. These chemicals are generally inert ingredients that are made in a formulation comprising of one or more than one active ingredients.
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Most of the parasiticidal have active ingredients, which have similar chemical structures and have many of the common features among them. They are grouped into different chemical classes and families as well. Many key players and companies throughout the world are coming up with various new formulations and products in the livestock parasiticides market to remove the increasing prevalence of diseases among livestock.
Key Companies Included:
Some of the key players in the livestock parasiticides industry include Elanco animal health Incorporated, Boehringer Ingelheim Gmbh, Zoetis Inc. Merck & Co.Inc, virbac, Vetoquinol S.A., Petiq, Llc, Sequent Scientific Limited, Krka Group, Eco Animal Health Group Plc, Ceva Santé Animale, Chanelle Pharm, Bimeda Animal Health and Norbrook.
Key findings of the study
- By type, the livestock parasiticides, and ectoparasiticides segment dominated the global market in 2021, and is expected to retain its dominance throughout the market forecast period.
- On the basis of livestock, the cattle segment accounted for a major share in the livestock parasiticides market in 2021, and is expected to grow at a significant CAGR during the forecast period.
- Depending on end user, the veterinary clinics and hospitals segment accounted for a major share of the market in 2021, and is expected to grow at a significant CAGR during the forecast period.
- Asia-Pacific accounted for highest market share in 2021, and is expected to grow at a significant CAGR during the forecast period.
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The global animal parasiticides market study presents an all in all compilation of the historical, current and future outlook of the market as well as the factors responsible for such a growth.
With SWOT analysis, the business study highlights the strengths, weaknesses, opportunities and threats of each animal parasiticides market player in a comprehensive way.
Further, the animal parasiticides market report emphasizes the adoption pattern of the animal parasiticides market across various industries.The animal parasiticides market report highlights the following players:The Chanelle GroupVirbacZoetis, Inc.VetoquinolMerck & Co., Inc.Elanco (Eli Lilly and Company)Ceva Santé AnimaleBoehringer Ingelheim GmbHBimeda Animal HealthBayer AG.The animal parasiticides market report examines the operating pattern of each player – new product launches, partnerships, and acquisitions – has been examined in detail.Important regions covered in the animal parasiticides market report include:North America (U.S., Canada)Europe (Germany, France)Asia Pacific (India, China)Middle East & Africa (South Africa, GCC Countries)Request for the Sample of the Report: https://www.factmr.com/connectus/sample?flag=S_id=4316The animal parasiticides market report takes into consideration the following segments by product type:Oral TabletsDipsSpraySpot-onOral SuspensionInjectableFeed AdditivesThe animal parasiticides market report contain the following species:CattlePoultrySwineDogsFelinesThe animal parasiticides market report offers a plethora of insights which include:Changing consumption pattern among individuals globally.Historical and future progress of the global animal parasiticides market.Region-wise and country-wise segmentation of the animal parasiticides market to understand the revenue, and growth lookout in these areas.Accurate Year-on-Year growth of the global animal parasiticides market.Important trends, including proprietary technologies, ecological conservation, and globalization affecting the global animal parasiticides market.The animal parasiticides market report answers important questions which include:Which regulatory authorities have granted approval to the application of animal parasiticides market in healthcare industry?How will the global animal parasiticides market grow over the forecast period?Which end use industry is set to become the leading consumer of animal parasiticides market by 2026?What manufacturing techniques are involved in the production of the animal parasiticides market?Which regions are the animal parasiticides market players targeting to channelize their production portfolio?Request for Report Methodology: https://www.factmr.com/connectus/sample?flag=RM_id=4316The animal parasiticides market report considers the following years to predict the market growth:Estimated Year: 2026Forecast Year: 2020 – 2026Why Choose Fact.MR?
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