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 Health
- Boehringer Ingelheim GmbH
- Ceva Santé Animale
- The Chanelle Group
- Others
The 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 Market
Major 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. This encourages a decreases the consumption of animal parasiticides, and give it’s a greater market penetration.
North America leads global animal parasiticides market. The increasing rate of pet culture. Fact.MR report states that ectoparasiticides was estimated to own 51% share of the global market due the convenience offered by the administration. Animal parasiticides exist in various forms and sprays are the latest entrants in market. Other popular forms are tablets, dips and spot-on.
You can Request an Example Copy from here - https://www.factmr.com/connectus/sample?flag=S&rep_id=4316
Stringent regulations against use of antibiotics have been created in dairy and food products. In spite of these regulations, the market is witnessing healthy growth. Factors like increased livestock farming and intervention from central authorities make animal healthy a major factor that drives the animal parasiticides market. This generates plethora of opportunities for the veterinary experts in the global market.
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?
Fact.MR follows a multi- disciplinary approach to extract information about various industries.
Our analysts perform thorough primary and secondary research to gather data associated with the market.
With modern industrial and digitalization tools, we provide avant-garde business ideas to our clients.
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.
