Animal Parasiticide Market was valued at USD 9.4 Billion in 2021, and it is expected to reach USD 16.89 Billion by 2029, exhibiting a CAGR of 7.6% during the forecast period (2022-2029)
Global Animal Parasiticide Market size was US$ Bn in 2021 and is expected to reach US$ Bn by 2029, at a CAGR of during the forecast period. Maximize Market research, a leading global healthcare research firm, that delivers data and analysis on global and regional healthcare industry has published a report on Animal Parasiticide market on 23/11/2022. The report includes key business insights and market sizing by region, with forecast till 2029.
Numerous market and industry-related topics are highlighted in the research. New product launches, business expansions, partnerships, joint ventures, and acquisitions are a few examples of marketing techniques. Additionally, the key components of the market research that clearly focus on the industry landscape have all been taken into consideration when structuring this study. This market research report also identifies and examines new trends as well as the key market drivers, obstacles, and opportunities. A global healthcare business-consulting firm, Maximize Market research, has published a market intelligence and competitive landscape report on “Animal Parasiticide “. The report is a combination of primary data and secondary data and 18 year experience domain expert has analysed the market through local as well as global point of view.
Animal Parasiticide Market Overview:
Clarity on the dynamics of the Animal Parasiticide Market is provided by in-depth study of statistics on current and emerging trends. In order to examine the significance of many features, including threats posed by various agents, competitive strength, and promising young businessmen to understand a resource, the report covers Porter's five forces. In order to determine the total market size by countries and segments, the report conducted a micro level analysis of each nation. Using a bottom-up approach, the size of the regional and worldwide markets is estimated. By doing a micro level analysis of each country, it is possible to determine the contribution of the unorganised market to the overall market size. The results are then verified through interviews with local business leaders. The secondary research and analysis of the same are done using both paid and unpaid data bases. Consumption in each nation by kind and supply by each player are sourced from legitimate government databases, paid databases, and, in the case of listed firms, company annual reports.
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Animal Parasiticide Market Segmentation:
Based on type, the animal parasiticides market is segmented into endoparasiticides, ectoparasiticides, and endectocides. The market for animal parasiticides globally in 2020 was dominated by the ectoparasiticides sector, which had a 57.9% market share. At an estimated CAGR of 8.5%, this market is expected to grow from USD 5,703.9 million in 2021 to USD 8,582.1 million in 2026. The high adoption of ectoparasiticides relative to other products is responsible for the huge proportion of this market. The rise in pet ownership and the number of companion animals in developed nations are additional factors that are expected to promote market expansion during the forecast period.
Regional Analysis:
The study analyses the Animal Parasiticide Market by analyzing its supply chain, current laws and regulations, manufacturers' supply chains, cost structures, and market share. By examining the pricing of the items in the region in proportion to the profit created, the regional marketplaces for the Animal Parasiticide Market are studied.
Animal Parasiticide Market Key players:
• Zoetis Inc.
• Virbac
• PetIQ, Inc.
• Norbrook
• Vetoquinol S.A.
• Merck & Co., Inc.
• Ceva Santé Animale
• Bimeda Animal Health
• Boehringer Ingelheim GmbH
• Elanco Animal Health Incorporated
• Sanofi S.A. (Merial)
• Virbac SA
• Eli Lilly and Company
• Bayer AG
• Perrigo Co. plc
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Maximize Market Research provides B2B and B2C research on 12,500 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Bever
Nov 24, 2022