Scope of the Study
Animal parasiticide is used to make veterinary medicine which kills parasites other than bacteria and fungi. These parasites lib=ve in the body and benefits from the food and protection. Also, the external parasites like ticks and mosquitos can harm and transfer the disease from livestock to humans. Therefore, the parasites can be controlled by management of animals and medicine. Moreover, the animal parasiticide helps in improving health of livestock across the globe. This benefit is increasing the demand of animal parasiticide.
The market study is being classified by Type (Endoparasiticides (Oral, Injectables), Ectoparasiticides (Sprays, Pour On, Spot On) and Endectocides) and major geographies with country level break-up.
Novartis AG (Switzerland), Bayer AG (Germany), Eli Lilly (United States), Merck Co (United States), Zoetis Inc (United States), Sanofi (France), NexGard (France), Bravecto (United States), Simparica (United States) and Elanco (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Boehringer Ingelheim (Germany), Ceva Sante Animale (France), Virbac (France) and Vetoquinol (France).
The market of Animal parasiticides market is fragmented as it consists of emerging as well as major players. They are looking for new product launch or expansion to gain competitive advantage in upcoming years. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Animal Parasiticides - market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Animal Parasiticides - market by Type, Application and Region.
On the basis of geography, the market of Animal Parasiticides - has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Prevalence of Food Borne Diseases among the Animals
- Rising Infections due to Unhygienic Livestock Farming
- Increasing Adoption of Pet Animals across the Globe
- Restriction for the Usage of Parasitic ides In Food Animals
- Diverse Species of Parasites
- Government Initiatives for Animal Health
- Rising Demand of Animal Protein for Food
- Lack of Awareness among the Rural Areas
Market Leaders and their expansionary development strategies
In July 2018, Bayer Animal Healthcare has signed an agreement to expand its parasiticides product portfolio for companion animals with Mitsui Chemicals Agro. This agreement helps the company to expand its product portfolio as well as strengthen its position in the animal healthcare market.
Key Target AudienceManufacturers, Distributors, Government associations, Research organizations, Enterprise software vendors and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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