Press release
North America Animal Parasiticides Market 2021: Industry Overview, Trends, Growth and Forecast 2027
Precision Business Insights published a research report on “North America Animal Parasiticides Market: By Type (Endoparasticides, Ectoparasiticides, Endectocides), By Livestock (Swine, Poultry, Ovine, Bovine, Equine, Canine, Feline), By Form (Sprays, Oral Liquids, Solids, Injectable, Others), By Country (US and Canada) - Global/Region/Country Forecast to 2027”. North America animal parasiticides market wat valued at US $ 1.8 Billiion in 2020 at expectd to grow US $ 2.58 Billion at a CAGR of 5.3% during the forecast period.Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and --other qualitative sections with an in-depth TOC on “North America Animal Parasiticides Market: By Type (Endoparasticides, Ectoparasiticides, Endectocides), By Livestock (Swine, Poultry, Ovine, Bovine, Equine, Canine, Feline), By Form (Sprays, Oral Liquids, Solids, Injectable, Others), By Country (US and Canada) - Global/Region/Country Forecast to 2027”.
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Growing Concerns amid People Regarding the Health of Animals is Fuelling North America Animal Parasiticides Market
North America Animal Parasiticides Market report presents granular level data regarding regional market share, market size and insights into vital market advancements, competitor’s overview, their key strategies and company share analysis. The report further outlines market dynamics including drivers, constraints and latest trends affecting the market at present. It provides plethora of information related to reimbursement scenario, market entry strategies and regulatory framework.
Animal parasiticides are the products that are used to kill different kinds of parasites, which infect livestock, companion animals and other animals. Animal parasiticides refer to medicines utilized to destroy the parasites present on animals. These are made making combination of different components. Animal parasiticides consist of one or more active components relying on the specific efficacy against the parasites. Most of the components included in parasiticides consist of same type of chemical structures and therefore have several general characteristics in them. These animal parasiticides can be employed directly or added as a feed additive in the livestock feed. There are several factors that drive the North America parasiticides market growth such as fast development of contemporary products, increasing cases of zoonotic illnesses, several initiatives taken by government to prevent animals’ diseases and infections and increasing concerns related to health of animals. North America animal parasiticides market is categorized based on livestock parasite, Country, type, Active Ingredient and form. On the other hand, one of the major factors restraining the North America animal parasiticides market is strict regulatory framework for the approvals of product.
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North America Animal Parasiticides Market – Competitive Assessment
A few of the major players working in North America animal parasiticides market include Ceva Sante Animale (France), Sanofi (France), Virbac (France), Eli Lilly and Company (U.S.), Vetoquinol S.A. (France), Merck and Co., Inc. (U.S.), Zoetis, Inc. (U.S.), Bayer AG (Germany), Perrigo Company Plc (Ireland) and Boehringer Ingelheim (Germany). Key players of the market focus on implementing a few key strategies to retain their position in the market such as novel product launches, mergers, partnerships and acquisitions. For example, VPL Animal health has launched Exclusive Parasiticides namely Ovitrol X-tend flea for cats and dogs in the year 2012 and tick shampoo and spray for dogs and cats in November 2016. VPL animal assets were obtained by PRN Pharmacals. Market players also aim to expand their business and increase the product portfolio.
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