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Animal Parasiticides Market Report Up to 2031

09-14-2021 08:55 AM CET | Health & Medicine

Press release from: Visiongain Pharma

Visiongain has published a new report on Animal Parasiticides Market Report to 2031. According to the Visiongain analysis, the global animal parasiticides market is anticipated to grow at a CAGR of XX% during the forecast period (2021-2031). The global animal parasiticides market is segmented on the basis of type, by animal type, and by end-user. By type, the market is categorized as Ectoparasiticides (Dips, Spray Pour-ons& Spot-ons, Others), Endoparasiticids ( Injectables, drenches, Feed additives, Others), Endectocides, By Animal Type the market is divided into (Companion animals, Food producing animal) By End-user (home care, Veterinary clinics & hospitals, Farm animals), by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa).The report includes detailed Profiles of Leading Animal Parasiticides Companies. PLUS COVID-19 Recovery Scenarios.

Download Exclusive Sample of Report @ https://www.visiongain.com/report/animal-parasiticides-market/#download_sampe_div

The study covers detailed and insightful chapters on market overview, market segments, new developments, competitive landscape, strategic recommendations, key company analysis, market opportunities, pricing analysis, gap analysis, porter’s 5 forces model, company profiling, geographical analysis, and analytical overview of the market. The increase in demand for animal health insurance and animal health expenditure, the prevalence of zoonotic infection among companion animals are some of the factors driving the growth of the animal parasiticide market.

COVID-19 Impact on the Global Animal Parasiticides Market
According to the Center for Disease Control and Prevention (CDC), some of the companion animals (cats and dogs) have been reported with COVID-19 in several countries, including the US. The pets are vulnerable to infection and became sick when encountering the COVID-19 patient. The CDC, U.S. Department of Agriculture (USDA), state public health and animal health officials have been working together to conduct active surveillance of SARS-CoV-2 in pets, such as cats, dogs, and other small mammals, that had contacted with COVID-19 patients.

Market Drivers
Increasing adoption of companion animals.
The adoption of companion animals is increasing due to the rise in awareness of animal healthcare and safety. The changes in lifestyle and availability of animal health products such as antimicrobial, antibacterial, antibiotics, and parasiticides are contributing to the growth of the animal parasiticide market

Increasing consumption of livestock and livestock-based products
Livestock are considered as the source of protein-based diet, income, employment, and possibly foreign exchange. The consumption of livestock and the livestock-based product has increased rapidly in emerging economies such as India, the demand for food has increased due to the huge population and recent growth in consumer income. The factors contributing to the growth of livestock consumption includes- rising disposable income, dietary change, improved livestock-based products, and market development.

Get Detailed TOC @ https://www.visiongain.com/report/animal-parasiticides-market/#download_sampe_div

Market Opportunities

Government initiatives for animal health & safety
The changes in parasitic infections (such as parasite genetics, biology) have increased parasiticide resistance, which is one of the emerging concerns in various species. The parasitic resistance is severely affecting the health and the productivity of animals. However, to combat the growing healthcare threat, the FDA developed an anti-parasitic resistance management strategy. This strategy encourages the sustainable use of the approved anti-parasitic drugs in livestock such as poultry, cattle, sheep, horses, goats, and swine. The sustainable enables slowing the development of anti-parasitic resistance and ensures anti-parasitic drugs to remain effective for long period.

Competitive Landscape

Bayer AG, Elanco Animal Health Inc., Merck & Co., Inc., Zoetis, Virbac, Boehringer Ingelheim, Abbey Animal Health, Bimeda Holdings PLC, Biogenesis Bago SA, Bio-Vet and Ceva Santé Animale are some of the key players contributing to the growth of the global animal parasiticides market. The market players are adopting new strategies to stay competitive in the global market such as new product developments, joint ventures, mergers and acquisitions, and geographical expansions.

For instance, On 16 January 2020, Ceva Santé Animale entered into an agreement with the Vietnam Department of Animal Health (DAH), which will help the company to boost the implementation of preventive health strategies, such as R&D of new vaccines and development. The collaboration focuses to deliver local Foot and Mouth disease vaccines effectively.

On 15thSeptember 2020, Virbac entered in partnership with Ictyogroup to deliver new aquaculture solutions. The company acquired a wide range of tilapia vaccines from Ictyogroup, which enables to distribute, and market registered and autogenous vaccines, globally. The acquisition boosts the global animal parasiticides market in Asia, Africa, and Latin America, due to the presence of a range of tilapia vaccines in the region.

Request Customized Report as Per Your Requirements @ https://www.visiongain.com/contact/

Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with this invaluable business intelligence.

Information found nowhere else
With our newly report title, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Visiongain’s study is for everybody needing commercial analyses for the Animal Parasiticides Market and leading companies. You will find data, trends and predictions.

Do you have any custom requirements we can help you with? Any need for a specific country, geo region, market segment or specific company information? Contact us today, we can discuss your needs and see how we can help: catherine.walker@visiongain.com

Catherine Walker
PR at Visiongain Inc.
Tel: + 44 0207 336 6100
USA Tel: + 1 718 682 4567
EU Tel: + 353 1 695 0006
Toll Free: 00-1-646-396-5129
Email: catherine.walker@visiongain.com
Research Insight : https://www.visiongain.com/animal-parasiticides-market-analysis/

About Visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

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