Press release
Fenbendazole Market: Increasing Investments in Healthcare Sector of the Country to Boost Growth | Shaanxi Hanjiang Pharmaceutical Group Co., Ltd., Hubei KangBaoTai Fine Chemical Co.
The Fenbendazole Market Industry research forecast to 2022-2028 offers in-depth market information to help companies develop growth strategies and make better business decisions based on forecasts and market trends. The study's marketing variables include the dynamic market structure, key players' product offerings, their difficulties, technical innovation, roadblocks and hurdles, data on communication and sales, sales by country, risk, prospects, competitive landscape, growth strategy, and others. It delves extensively into the situation of the market, both now and in the future. The study examines several elements, such as levels of development, technical advances, and the various business models employed by the market's current top players.The Fenbendazole market study is divided into several sections, including product type, application, end-user, and geography. Each segment is assessed based on its CAGR, market share, and growth potential. The study emphasizes the prospective region in the regional analysis, which is projected to generate chances in the worldwide Fenbendazole market in the next years. This segmented study will absolutely prove to be an invaluable tool for readers, stakeholders, and industry participants seeking a comprehensive view of the global Fenbendazole market and its growth prospects in the future years.
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Major Keyplayers are : Shaanxi Hanjiang Pharmaceutical Group Co., Ltd., Hubei KangBaoTai Fine Chemical Co., Ltd, Merck Sharp & Dohme Corp., Henan Purui Pharmaceutical Co., Ltd., Leo Bio-care Private Limited, Supharma Chem., Intervet Inc., LASA Supergenerics Limited, and Jiangsu Quality Horizons Pharmtech Co., Ltd.
SWOT Analysis of Global Fenbendazole Market
In addition to market share analysis of companies, in-depth profile, product/service, and business overview, the study focuses on revenue analysis, as well as SWOT analysis, to better correlate market competitiveness.
Fenbendazole Market Driver
Increasing research and development activities for enhancing the efficiency of fenbendazole in treating various diseases in animals and humans is a major factor boosting growth of the fenbendazole market. For instance, in August 2018, researchers from National Centre for Human Genome Studies and Research (NCHGSR), India, reported that fenbendazole has potential to act as an effective anti-cancer agent. Fenbendazole can also be effective remedy in evading drug resistance commonly encountered in cancer therapy. To study this, researchers first treated human non-small cell lung cancer cells with fenbendazole and found tumor cell death.
Since, developing a promising molecule into an approved drug often consume considerable time and cost, repurposing of veterinary drugs in treating diseases in humans can be effective and have shown promising results and is expected to show cost reduction without need to develop new drugs.
Furthermore, approval of new fenbendazole drugs is expected to drive growth of the fenbendazole market. For instance, in January 2018, Merck Animal Health received approval from U.S. Food and Drug Administration (USFDA), for its Safe-Guard AquaSol, a fenbendazole oral suspension used in the treatment and control of adult Ascaridia galli in broiler chickens and Heterakis gallinarum in breeding chickens via drinking water. Safe-Guard AquaSol is produced with an innovative wet-milling technology, which produces a highly stable suspension that can be conveniently administered to hens through drinking water.
Information source and Research Methodology:
Utilizing both primary (surveys and interviews) and secondary (industry body databases, dependable paid sources, and trade periodicals) data collection techniques, our researchers put the study together. A complete qualitative and quantitative analysis is included in the report. The research covers growth trends, micro- and macroeconomic indicators, as well as legislation and governmental programmes.
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Purchasing the Fenbendazole Market for the Following Reasons:
⮞The research identifies new industry trends as well as the potential for various trends to influence growth.
⮞The study also discusses the reasons, barriers, and opportunities that will have a significant impact on the global Fenbendazole industry.
⮞Technological aids and milestones that replicate the Fenbendazole market's growth forecast.
⮞In order to provide futuristic growth estimates, the research includes a detailed analysis of market statistics and historical and present growth conditions.
⮞The research includes a comprehensive analytical overview of the competitive environment, as well as highlights on fundamental capabilities and growth plans of the profiled businesses.
What are the goals of the report?
⮞The predicted market size for the Fenbendazole Market Industry at the conclusion of the forecast period is shown in this market report.
⮞The paper also analyses market sizes in the past and present.
⮞The charts show the year-over-year growth (percent) and compound annual growth rate (CAGR) for the given projected period based on a variety of metrics.
⮞The research contains a market overview, geographical breadth, segmentation, and financial performance of main competitors.
⮞The research evaluates the current situation of the industry in North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa,as well as future growth opportunities.
⮞The study examines the future period's growth rate, market size, and market worth.
The Fenbendazole Market is further investigated for Sales, Revenue, Price, and Gross Margin in the report. These factors are examined for businesses, categories, and geographical areas. Along with this information, the sale price is also provided for various types, applications, and regions. Major areas' industry consumption by Fenbendazole is provided. Additionally, this report includes type- and application-specific data.
Table Of Content:
By Product Type
Powder
Tablet
Liquid Formulations
By Application
Cattle
Sheep
Pig
Horse
Hens
Others
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Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
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Fenbendazole is a broad spectrum anthelmintic drug of class benzimidazole. Fenbendazole is used to remove certain gastrointestinal parasites from the stomach and intestines of animals. It is effective against roundworms, hookworms, whipworms, certain tapeworms, and parasites called strongyles and strongyloides, respectively. Fenbendazole acts as an effective de-wormer as it controls & destroys these worms by preventing their growth and reproduction.
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