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Animal Parasiticides Market Is Anticipated to Reach a Significant Valuation of US$ 13.6 Billion By 2032

11-10-2023 08:08 AM CET | Health & Medicine

Press release from: Fact.MR

The animal parasiticides market in the United States is a significant industry with a substantial market size. It caters to the demand for products used to control and treat parasitic infections in various animals, including pets and livestock. With a population of pets and a thriving livestock industry, the market for animal parasiticides in the United States is estimated to be worth billions of dollars annually. Animal parasiticides come in different forms, such as topical treatments, oral medications, collars, sprays, and dips. These products target a range of parasites, including fleas, ticks, mites, worms, and other external or internal pests. They provide protection and help prevent the harm caused by these parasites to animals' health and well-being.

The United States animal parasiticides market is highly competitive, with several major players in the industry. Companies like Zoetis, Merck Animal Health, Bayer Animal Health, Boehringer Ingelheim, Elanco Animal Health, and Ceva Animal Health are among the key manufacturers and distributors of animal parasiticides in the country.

๐——๐—ผ๐˜„๐—ป๐—น๐—ผ๐—ฎ๐—ฑ ๐—™๐—ฟ๐—ฒ๐—ฒ ๐—ฆ๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—–๐—ผ๐—ฝ๐˜† ๐—ผ๐—ณ ๐˜๐—ต๐—ถ๐˜€ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜: https://www.factmr.com/connectus/sample?flag=S&rep_id=4316?PJ

The animal parasiticides market plays a vital role in veterinary care, addressing the challenge of parasitic infections that can impact the health of companion animals and livestock. Parasitic infestations not only pose a threat to animal health but also have implications for human health, making effective parasiticide solutions crucial in maintaining a healthy human-animal interface. The market encompasses a wide range of products, including anthelmintics, ectoparasiticides, and endoparasiticides, each designed to combat specific types of parasites. The increasing awareness of zoonotic diseases, coupled with the growing global pet and livestock populations, has driven the demand for innovative and effective animal parasiticides.

One of the primary drivers of the animal parasiticides market is the rising prevalence of parasitic infections in animals. As the global climate changes and human-animal interactions intensify, the risk of parasitic infestations has increased, necessitating a proactive approach to parasitic control. Additionally, the shift towards urbanization has led to a closer cohabitation of humans and animals, further emphasizing the need for robust parasiticides to prevent the transmission of diseases from animals to humans.

๐—ž๐—ฒ๐˜† ๐—ณ๐—ถ๐—ป๐—ฑ๐—ถ๐—ป๐—ด๐˜€ ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—”๐—ป๐—ถ๐—บ๐—ฎ๐—น ๐—ฃ๐—ฎ๐—ฟ๐—ฎ๐˜€๐—ถ๐˜๐—ถ๐—ฐ๐—ถ๐—ฑ๐—ฒ๐˜€ ๐—บ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐˜€๐˜๐˜‚๐—ฑ๐˜†:

The report provides a present market outlook on Animal Parasiticides. Additionally, the Animal Parasiticides market share is anticipated to grow with a CAGR of 6.6% in the forecast period.

Regional breakdown of the Animal Parasiticides market based on predefined taxonomy.

Innovative manufacturing processes implemented by Animal Parasiticides vendors in detail.

Region-wise and country-wise fragmentation of the Animal Parasiticides market to grasp the revenue, and growth outlook in these areas.

Changing preferences among consumers across various regions and countries.

Factors (Positive and Negative) impacting the growth of the global Animal Parasiticides market.

Animal Parasiticides price, market share, and Trends forecast for assessment period 2022-2032

๐—ง๐—ต๐—ฒ ๐—ฒ๐—ฐ๐˜๐—ผ๐—ฝ๐—ฎ๐—ฟ๐—ฎ๐˜€๐—ถ๐˜๐—ฒ๐˜€ ๐˜€๐—ฒ๐—ด๐—บ๐—ฒ๐—ป๐˜ ๐˜„๐—ถ๐—น๐—น ๐—ด๐—ฎ๐—ถ๐—ป ๐˜๐—ต๐—ฒ ๐—ฑ๐—ผ๐—บ๐—ถ๐—ป๐—ฎ๐—ป๐˜ ๐—บ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐˜€๐—ต๐—ฎ๐—ฟ๐—ฒ

Ectoparasites, as a product category, had the highest market share of about 52% in 2021. Throughout the whole projected period, this market segment is anticipated to continue to dominate.

Ectoparasiticides are anticipated to account for more than half of the whole market for animal parasiticides over the projected period. The increase in external parasites like ticks, lice, mites, flies, and fleas, which feed on the blood of these animals and eventually human cells if swallowed, is likely what is driving the growth of this industry.

Ectoparasiticides are therefore becoming increasingly common in veterinary medicine. Additionally, substantial conferences are held by key ectoparasiticide companies to disseminate information on the several ectoparasiticides for cats, calves, and dogs that are limiting their growth. Research Research is being done to create effective anti-parasite compounds. Thus, ectoparasiticides are expected to grow at a 6.3% CAGR during 2022-2032.

๐—ฅ๐—ฒ๐—ฐ๐—ฒ๐—ป๐˜ ๐——๐—ฒ๐˜ƒ๐—น๐—ผ๐—ฝ๐—บ๐—ฒ๐—ป๐˜๐˜€:

In February 2020, the FDA approved Simparica TrioTM, a brand-new combination canine parasite prevention medicine from Zoetis Inc. This medication, which comes in the shape of a monthly chewable, offers complete defence against ticks, heartworm infections, roundworms, and fleas. It was the first canine combination formula with isoxazoline ever produced in the nation.

Another market leader, Merck Animal Health, produces drugs for poultry, pigs, equines, aquaculture, and companion animals. Its products include ACTIVYLยฎ for the avoidance of flea infestations, POSATEXยฎ and MOMETAMAXยฎ for the treatment of bacterial ear infections, and VETSULINยฎ for the control of diabetic mellitus in dogs and cats. The company won the animal farm award in January 2020 for their piglet immunisation programme for 2019. Piglets receiving the PORCILISยฎ Lawsonia vaccine are protected from the strain of bacteria lawsonia intracellularis that causes the intestinal ailment ileitis, was awarded for it.

๐—ฃ๐—ฟ๐—ผ๐—บ๐—ถ๐—ป๐—ฒ๐—ป๐˜ ๐—ฃ๐—น๐—ฎ๐˜†๐—ฒ๐—ฟ๐˜€ ๐—ถ๐—ป ๐—ง๐—ต๐—ฒ ๐—š๐—น๐—ผ๐—ฏ๐—ฎ๐—น ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜

Zoetis, Inc.,
Merck Animal Health,
Ceva Sante Animale,
Boehringer Ingelheim GmbH, and
Elanco Animal Health.

๐—ž๐—ฒ๐˜† ๐—ฆ๐—ฒ๐—ด๐—บ๐—ฒ๐—ป๐˜๐˜€ ๐—–๐—ผ๐˜ƒ๐—ฒ๐—ฟ๐—ฒ๐—ฑ ๐—œ๐—ป ๐—ง๐—ต๐—ฒ ๐—”๐—ป๐—ถ๐—บ๐—ฎ๐—น ๐—ฃ๐—ฎ๐—ฟ๐—ฎ๐˜€๐—ถ๐˜๐—ถ๐—ฐ๐—ถ๐—ฑ๐—ฒ๐˜€ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜

๐—•๐˜† ๐—ฃ๐—ฟ๐—ผ๐—ฑ๐˜‚๐—ฐ๐˜ ๐—ง๐˜†๐—ฝ๐—ฒ :
Ectoparasiticides
Oral Tablets
Dips
Spray
Spot-on
Others
Endoparasiticides
Oral Suspension
Injectable
Feed Additives
Others
Endectocides

๐—•๐˜† ๐—ฆ๐—ฝ๐—ฒ๐—ฐ๐—ถ๐—ฒ๐˜€ :
Food-Producing Animals
Cattle
Poultry
Swine
Others
Companion Animals
Dogs
Felines
Others
Other Livestock

๐—•๐˜† ๐—ฅ๐—ฒ๐—ด๐—ถ๐—ผ๐—ป :
North America
Europe
Asia Pacific (APAC)
Latin America
Middle East & Africa (MEA)

๐—ž๐—ฒ๐˜† ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ง๐—ฟ๐—ฒ๐—ป๐—ฑ๐˜€

Preventive Healthcare Focus: There is a noticeable trend in the animal parasiticides market towards preventive healthcare. Pet owners and livestock farmers are increasingly embracing the concept of regular parasite prevention rather than reactive treatment. This shift is driving the demand for prophylactic parasiticide products that offer long-lasting protection against a spectrum of parasites.

Advancements in Formulations: The market is experiencing advancements in parasiticide formulations, with a focus on improving efficacy, safety, and ease of administration. Innovative formulations, such as spot-on treatments, oral chews, and injectables, are gaining popularity for their convenience and ability to enhance compliance in both companion animals and livestock.

Focus on Zoonotic Disease Prevention: With an increasing awareness of zoonotic diseases, there is a growing emphasis on using animal parasiticides as a preventive measure to reduce the risk of disease transmission from animals to humans. This trend aligns with public health initiatives and underscores the interconnectedness of human and animal health.

Rise in Companion Animal Ownership: The growing trend of pet ownership, especially in urban areas, is a key driver for the animal parasiticides market. Pet owners are increasingly recognizing the importance of regular parasite control to ensure the well-being of their pets. This has led to a surge in demand for safe and effective parasiticides tailored for companion animals.

Integration of Technology: Technology integration is transforming the landscape of the animal parasiticides market. This includes the development of smart parasiticides, wearable devices for monitoring and controlling parasitic infections, and digital platforms for tracking and managing parasitic control programs. These technological innovations enhance precision and provide real-time data for effective parasite management.

๐—š๐—ฒ๐˜ ๐—–๐˜‚๐˜€๐˜๐—ผ๐—บ๐—ถ๐˜‡๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ผ๐—ป ๐˜๐—ต๐—ถ๐˜€ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—ณ๐—ผ๐—ฟ ๐—ฆ๐—ฝ๐—ฒ๐—ฐ๐—ถ๐—ณ๐—ถ๐—ฐ ๐—ฅ๐—ฒ๐˜€๐—ฒ๐—ฎ๐—ฟ๐—ฐ๐—ต ๐—ฆ๐—ผ๐—น๐˜‚๐˜๐—ถ๐—ผ๐—ป๐˜€:https://www.factmr.com/connectus/sample?flag=RC&rep_id=4316?PJ

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Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. Spanning a wide range - from automotive & industry 4.0 to healthcare, technology, chemical and materials, to even the most niche categories.

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