Animal Parasiticide Market 2022- Global Key Players, Trends, Share, Industry Size, Growth, Opportunities and Forecast to 2029 |Animal Parasiticide Market Overview
Maximise Market Research's study on the Animal Parasiticide Market gives a thorough overview of the Animal Parasiticide Market. The Report. aids in thoroughly comprehending the industry dynamics. The report's segment insights assist in understanding the Animal Parasiticide Market potential for each segment.
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Animal Parasiticide Market Regional Insights
The report provides region wise market share and a detailed country wise market dynamic. By Region, the Animal Parasiticide Market is categorised into several region including North America, Europe, Asia Pacific, South America and Middle East and Africa.
Animal Parasiticide Market Report Scope and Research Methodology
The report is a comprehensive analysis of the Animal Parasiticide Market by region, segment and competitive landscape. For understanding the global factors affecting the industry, the report presents drivers, challenges, restraints and opportunities prevailing in the Animal Parasiticide Market. Segments covered in the Animal Parasiticide Marketreport are by and region.
The data has been collected by using primary and secondary research methods to obtain accurate inferences for the Animal Parasiticide Market report. Primary Data was collected from the experts in the industry. Secondary data was collected from official databases of various organisations and government sites, industry journals, white papers, annual reports, releases of product manufacturers and suppliers in the Animal Parasiticide Market industry along with paid and free databases. To estimate the segment wise, regional and global Animal Parasiticide Market size, bottom-up approach was used.
Animal Parasiticide Market Segmentation
Based on type, the animal parasiticides market is segmented into endoparasiticides, ectoparasiticides, and endectocides. The market for animal parasiticides globally in 2020 was dominated by the ectoparasiticides sector, which had a 57.9% market share. At an estimated CAGR of 8.5%, this market is expected to grow from USD 5,703.9 million in 2021 to USD 8,582.1 million in 2026. The high adoption of ectoparasiticides relative to other products is responsible for the huge proportion of this market. The rise in pet ownership and the number of companion animals in developed nations are additional factors that are expected to promote market expansion during the forecast period.
Based on animal type, the animal parasiticides market is segmented into companion animals and livestock animals. In 2020, companion animals made up the biggest segment of the market for animal parasiticides, with a share of 52.2%. At an estimated CAGR of 8.3%, this market is expected to grow from USD 5,130.2 million in 2021 to USD 7,633.2 million in 2026. The significant market share of this sector is largely due to the rising costs of keeping pets and the rise in the number of people who own companion animals in industrialised nations.
Animal Parasiticide Market Key Players
• Zoetis Inc.
• Virbac
• PetIQ, Inc.
• Norbrook
• Vetoquinol S.A.
• Merck & Co., Inc.
• Ceva Santé Animale
• Bimeda Animal Health
• Boehringer Ingelheim GmbH
• Elanco Animal Health Incorporated
• Sanofi S.A. (Merial)
• Virbac SA
• Eli Lilly and Company
• Bayer AG
• Perrigo Co. plc
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