Animal Parasiticides Market Showing Impressive Growth Due to increasing prevalence of zoonotic diseases - GIS Reports

New York, Global Animal Parasiticides Market report from Global Insight Services is the single authoritative source of intelligence on Animal Parasiticides Market . The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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Animal parasiticides are substances that are used to kill or control parasites that infest animals. These products are available in various formulations, including powders, liquids, and baits, and are used for both preventive and curative purposes. Parasiticides are used to control a wide variety of parasites, including fleas, ticks, mites, worms, and lice.

Key Trends

Some of the key trends in animal parasiticides technology include the development of more effective and safe drugs, the use of biotechnology to develop new vaccines and diagnostic tools, and the increasing use of genetic engineering to create new strains of parasites that are resistant to existing drugs. In addition, there is a trend towards using natural products, such as plant extracts, as parasiticides.

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Market Segments

The Animal Parasiticides Market is segmented by type, animal type, end-user and region. By type the market is divided into ectoparasiticides, endoparasiticides and endectocides. Based on animal type it is segmented into companion animals and livestock. On the basis of end-user it is bifurcated into veterinary clinics & hospitals, animal farms and home care settings. Region-wise the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.

Key Market Players

The Animal Parasiticides Market includes players such as Zoetis Inc., Elanco Animal Health Incorporated, Virbac, Merck & Co., Inc., Boehringer Ingelheim GmbH, Ceva Santé Animale, Vetoquinol S.A., PetIQ, Inc., Norbrook, and Bimeda Animal Health.

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Key Drivers

Some of the key drivers of the Animal Parasiticides market include the increasing prevalence of zoonotic diseases, the growing awareness about animal health, the increasing demand for meat and animal-derived products, and the increasing number of livestock.

The prevalence of zoonotic diseases is one of the key drivers of the Animal Parasiticides market. Zoonotic diseases are those that are transmitted from animals to humans. They are a major public health concern worldwide, as they can cause serious illness and even death in humans. Some of the most common zoonotic diseases include rabies, Salmonella, and E. coli.

The growing awareness about animal health is another key driver of the Animal Parasiticides market. Animals are an important part of our lives and we need to take care of them. Animals can suffer from various parasites and diseases, which can be harmful to their health. Parasiticides can help protect animals from these parasites and diseases.

The increasing demand for meat and animal-derived products is another key driver of the Animal Parasiticides market. Meat and animal-derived products are a major source of protein for humans. They are also a major source of income for many people. The demand for meat and animal-derived products is increasing due to the growing population and the changing lifestyles of people.

The increasing number of livestock is another key driver of the Animal Parasiticides market. Livestock are animals that are raised for their meat, milk, or other products. The number of livestock is increasing due to the growing demand for meat and animal-derived products.

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