Animal Parasiticides Market To Witness Rapid Development During Period 2022 - 2031 : Fact.MR

Global animal parasiticides market segmentation

Fact.MR has studied the global animal parasiticides market with detailed segmentation on the basis of product, species and regions.

Product

• Ectoparasiticides:
  • Oral Tablets
  • Dips
  • Spray
  • Spot-on
  • Others
• Endoparasiticides:
  • Oral Suspension
  • Injectable
  • Feed Additives
  • Others
• Endectocides

Species

• Food-Producing Animals:
  • Cattle
  • Poultry
  • Swine
  • Others
• Companion Animals:
  • Dogs
  • Felines
  • Others
• Other Livestock

Regions

• North America
• Europe
• Asia Pacific (APAC)
• Latin America
• Middle East & Africa (MEA)

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Global animal parasiticides market- Scope Of The Report

The recent study by Fact.MR on global animal parasiticides market offers a 6-year forecast between 2020 and 2026. The study analyzes crucial trends that are currently determining the growth of global animal parasiticides market.

This report explicates on vital dynamics such as the drivers, restraints and opportunities for key market players along with key stakeholders as well as emerging players associated with the manufacturing of animal parasiticides. The study also provides dynamics that are responsible for influencing the future status of the global animal parasiticides market over the forecast period.

A detailed assessment of global animal parasiticides market value chain analysis, business execution, and supply chain analysis across the regional markets has been covered in the report. A list of prominent companies operating in the global animal parasiticides market along with their product portfolio enhances the reliability of this comprehensive research study.

Key Takeaways of the Animal Parasiticides Market Study

• Wide availability of generic vaccines and injectables to treat infestations in livestock and companion animals will challenge the adoption of cost-prohibitive branded animal parasiticides.
• Surge in gastrointestinal parasitism and zoonotic diseases in dogs and milch animals is projected to increase sales to livestock farmers and pet owners.
• Growth in awareness pertaining to improved veterinary treatment methods, in turn, increases the adoption of advanced medicines to curb parasitic infections among pets. This will serve as an opportunity for animal parasiticides market players to establish distribution partnerships with veterinary practitioners.
• Stringency in approval of animal parasiticides used for treating infections in livestock, coupled with the growing trend of ‘veganism’, could derail the otherwise steady trajectory of the global animal parasiticides market.
• Rise in livestock population and their increasing penetration in the food chain is attracting the focus of central authorities. To create a healthy food chain, efforts are being made towards the adoption of animal parasiticides.
• Asia Pacific is poised to emerge as a key market, as livestock farmers in developing countries such as China and India are intensifying their focus on animal-raising activities to capitalize on the demand arising from the evolving food and beverages industry in Asia Pacific.