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Animal Parasiticides Market Competitive Landscape and Development Analysis Forecast to 2025 | Zoetis, Vetoquinol Global, Bayer, Eli Lilly and Company, Virbac, Boehringer Ingelheim, CEVA Logistics
Animal Parasiticides Market
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Top Competitors/Players
• Eli Lilly and company,
• Merck and Co., Inc.,
• Bayer AG,
• Virbac, Vetoquinol S.A .,
• Oceanic Pharmachem,
• Zoetis,
• Boehringer Ingelheim International GmbH,
• Ceva,
• Bovian Health Care,
• Intas Pharmaceuticals Ltd., among others.
Major Market Drivers and Restraints:
• Increasing awareness of zoonatic diseases.
• Animal welfare by growing popularity of animal parasiticides.
• Increased industrial medical farming.
• Increasing demand of parasiticides.
• Uses of parasiticides in food producing animals are restricted.
Animal Parasiticides Market Report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
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This report also contains all the recent developments, product launches, joint ventures, merges and accusations by the top brands and players. All the way by also informing what the market drivers and restrains are with help of SWOT analysis.
The Global Animal Parasiticides Market is expected to reach USD 12.17 billion by 2025, from USD 8.71 billion in 2018 growing at a CAGR of 4.9% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Key Developments in the Market:
• July 2018, approval by the U.S. Food and Drug Administration to NexGard (afoxolaner), a chewable tablet given once in a month to dogs for prevention of Borrelia burgdorferi (B. burgdorferi) infections by killing Black-legged ticks (Ixodes scapularis), which carry the bacterium.The FDA originally approved NexGard in year 2013 to to kill Black-legged ticks, Lone Star ticks, prevent and treat flea infestations, American Dog ticks, and Brown Dog ticks.
• Jan 2018, Elanco Animal Health, a division of Eli Lilly and Company (NYSE: LLY), has got approval of Credelio® (lotilaner). Credelio is a new drug treatment (monthly oral tick and flea) that is easy on dogs.
Market Overview:
Based on product type
• Sprays,
• Oral tablets,
• Pour-ons
• Spot-ons,
• Collars,
• Dips,
• Other ecto parasiticides
Based on animal type,
• Companion animals
• Food-producing animals
1. Cattle,
2. Sheep,
3. Poultry,
4. Pigs,
5. Goats and other animals
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