Press release
Animal Parasiticides Market Anticipated for Positive Growth by 2031 | Zoetis Services LLC., Elanco, Virbac, Boehringer Ingelheim International GmbH
Animal Parasiticides Market || 2024-2031
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What is the projected growth rate (CAGR) of the Global Animal Parasiticides market from 2024 to 2031, and what is the market value expected to change by 2031?
The Global Animal parasiticides market reached US$ 11.8 billion in 2022 and is expected to reach US$ 19.09 billion by 2031, growing with a CAGR of 6.2% during the forecast period 2024-2031.
Animal parasiticides are substances used to eliminate or control parasitic infections in animals, including pets and livestock. They target various parasites such as worms, fleas, ticks, and mites, helping to maintain animal health and productivity. These products are crucial in veterinary medicine and agriculture, ensuring the well-being of animals and reducing the risk of disease transmission to humans and other animals. They come in various forms, including oral medications, topical treatments, and injectables.
Key Developments:
❁ In November 2023, NOAH launched the 'Paws to Protect' campaign to raise awareness among pet owners about the importance of carefully reading and following the warnings and recommendations on packaging and labeling associated with veterinary medicines. This initiative aims to enhance safety and ensure that pet owners are well-informed about the proper use of these products.
List of the Key Players in the Animal Parasiticides Market:
Zoetis Services LLC., Elanco, Virbac, Boehringer Ingelheim International GmbH., Merck & Co., Inc., Vetoquinol, PetIQ, LLC., ECO - Animal Health Ltd., Norbrook, and Ceva
Research Process:
Both primary and secondary data sources have been used in the global Animal Parasiticides Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
Segment Covered in the Animal Parasiticides Market:
By Product: Ectoparasiticides, Endoparasiticides, Endectocides, Others
By Parasite Type: Roundworms, Tapeworms, Heartworms, Flukes, Coccidia, Mite, Tick, Flea, Lice, Grub Infestation, Others
By Distribution Channel: E-Commerce, Veterinary Hospitals & Clinics, Pharmacies, Others
By Product Form: Capsules/Tablets, Powder, Liquid, Ointment, Others
By Animal Type: Cattle, Pet Animals, Livestock
Regional Breakout:
The global Animal Parasiticides Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global Animal Parasiticides Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Animal Parasiticides Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of New Zealand Food Testing and Certification manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of New Zealand Food Testing and Certification in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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Frequently Asked Questions
What is the expected growth rate of the global market for the forecast period?
What are the key driving factors that are responsible to shape the fate of the Animal Parasiticides market during the forecast period?
What will be the overall size of the market during the analysis period?
What are the prominent market trends which influence the development of the Animal Parasiticides market across various regions?
Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?
What are the challenges and threats that are likely to act as a barrier to the growth of the Animal Parasiticides market?
What are the major opportunities that the companies can get to attain success in the world?
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