Animal Parasiticides Market Comprehensive Analysis, Growth Forecast from 2018 to 2024
Category: #reports  By Partha Ray  Date: 2019-01-10
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Animal Parasiticides Market Comprehensive Analysis, Growth Forecast from 2018 to 2024

Market Study Report recently published report titled Global Animal Parasiticides Market Report is an in-depth study providing complete analysis of the industry for the period 2017 – 2024. It provides complete overview of Global Animal Parasiticides Market considering all the major industry trends, market dynamics and competitive scenario.

Sprays, Collars and pour-ons and spot-ons are the key contributors to the ectoparasiticides segment; together they hold nearly 70% share of the total market, owing to their easy to use and effective nature of sprays, thus stimulating future adoption.

An enormous number of marketed injectables dominate the endoparasiticides segment; their contribution is almost 50% to the total market. However, non-invasive nature of feed additives aided with endoparasiticides is most likely to drive the segment growth.

Animal Parasiticides Market is set to reach USD 6.5 billion by 2024; according to a new research report. Rising incidences of zoonotic diseases coupled with increasing industrial animal farming will serve as high impact rendering factors for the global animal parasiticides market.

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Being one of the top producers of farm animals, the demand for various parasiticides products will fuel the business growth. Farm animal parasiticides are major contributors to the total market. Pet parasiticides are still in introduction phase, but are poised to enter growth phase due to rising disposable incomes and awareness among pet owners.

France animal parasiticides market accounted for the second largest regional revenue share in Europe. Furthermore, with growing number of farm animals, increasing meat consumption and introduction of new products, the market should witness growth over 2% during the forecast period.

Advent of new product development to address several parasitic infections, both in farm as well as pet animals should also fuel the industry expansion during the forecast timeframe. Limitations related to use of parasiticides, especially endoparasiticides in animals for consumption and lack of awareness about presence of animal health products in developing and under-developed regions happens to be a paramount growth restraining factor.

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Some of the prominent industry participants include Zoetis, Merck, Elanco, Bayer, Boehringer Ingelheim, Virbac, Ceva Sante Animale, Perrigo Company PLC and Vetoquinol.  Merger and acquisition, new product development and geographical expansion are some of the strategies adopted to gain industry share.

Table of Content:

Chapter 1.  Methodology and Scope

Chapter 2.  Executive Summary

Chapter 3.  Animal Parasiticides Industry Insights

Chapter 4. Animal Parasiticides Market, By Product

Chapter 5. Animal Parasiticides Market, By Animal Type

Chapter 6. Animal Parasiticides Market, By Region

Chapter 7. Company Profiles

For More Info on this Report At: https://www.marketstudyreport.com/reports/animal-parasiticides-market

Related Report:

2018-2023 Global Animal Genetics Market Report (Status and Outlook)

This report presents a comprehensive overview, market shares and growth opportunities of Animal Genetics market by product type, application, key companies and key regions.

https://www.marketstudyreport.com/reports/2018-2023-global-animal-genetics-market-report-status-and-outlook/?utm_source=marketsize-VRL

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About Author

Partha Ray

Email: [email protected]   

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

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