Press release
Animal Parasiticides Market Is Anticipated to Reach a Significant Valuation of US$ 13.6 Billion By 2032
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.
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐๐ฟ๐ฒ๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ผ๐ณ ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: 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.
๐๐ฒ๐ ๐ณ๐ถ๐ป๐ฑ๐ถ๐ป๐ด๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐๐ป๐ถ๐บ๐ฎ๐น ๐ฃ๐ฎ๐ฟ๐ฎ๐๐ถ๐๐ถ๐ฐ๐ถ๐ฑ๐ฒ๐ ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐๐๐ฑ๐:
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
๐ง๐ต๐ฒ ๐ฒ๐ฐ๐๐ผ๐ฝ๐ฎ๐ฟ๐ฎ๐๐ถ๐๐ฒ๐ ๐๐ฒ๐ด๐บ๐ฒ๐ป๐ ๐๐ถ๐น๐น ๐ด๐ฎ๐ถ๐ป ๐๐ต๐ฒ ๐ฑ๐ผ๐บ๐ถ๐ป๐ฎ๐ป๐ ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ต๐ฎ๐ฟ๐ฒ
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.
๐ฅ๐ฒ๐ฐ๐ฒ๐ป๐ ๐๐ฒ๐๐น๐ผ๐ฝ๐บ๐ฒ๐ป๐๐:
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.
๐ฃ๐ฟ๐ผ๐บ๐ถ๐ป๐ฒ๐ป๐ ๐ฃ๐น๐ฎ๐๐ฒ๐ฟ๐ ๐ถ๐ป ๐ง๐ต๐ฒ ๐๐น๐ผ๐ฏ๐ฎ๐น ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐
Zoetis, Inc.,
Merck Animal Health,
Ceva Sante Animale,
Boehringer Ingelheim GmbH, and
Elanco Animal Health.
๐๐ฒ๐ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ ๐๐ผ๐๐ฒ๐ฟ๐ฒ๐ฑ ๐๐ป ๐ง๐ต๐ฒ ๐๐ป๐ถ๐บ๐ฎ๐น ๐ฃ๐ฎ๐ฟ๐ฎ๐๐ถ๐๐ถ๐ฐ๐ถ๐ฑ๐ฒ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐
๐๐ ๐ฃ๐ฟ๐ผ๐ฑ๐๐ฐ๐ ๐ง๐๐ฝ๐ฒ :
Ectoparasiticides
Oral Tablets
Dips
Spray
Spot-on
Others
Endoparasiticides
Oral Suspension
Injectable
Feed Additives
Others
Endectocides
๐๐ ๐ฆ๐ฝ๐ฒ๐ฐ๐ถ๐ฒ๐ :
Food-Producing Animals
Cattle
Poultry
Swine
Others
Companion Animals
Dogs
Felines
Others
Other Livestock
๐๐ ๐ฅ๐ฒ๐ด๐ถ๐ผ๐ป :
North America
Europe
Asia Pacific (APAC)
Latin America
Middle East & Africa (MEA)
๐๐ฒ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ง๐ฟ๐ฒ๐ป๐ฑ๐
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.
๐๐ฒ๐ ๐๐๐๐๐ผ๐บ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ป ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ณ๐ผ๐ฟ ๐ฆ๐ฝ๐ฒ๐ฐ๐ถ๐ณ๐ถ๐ฐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฆ๐ผ๐น๐๐๐ถ๐ผ๐ป๐:https://www.factmr.com/connectus/sample?flag=RC&rep_id=4316?PJ
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