Global Veterinary Parasiticides Market Outlook, Opportunities And Strategies
Learn about the global veterinary parasiticides market through The Business Research Company, which provides information on veterinary parasiticides market size, veterinary parasiticides market drivers and restraints, veterinary parasiticides market players, the COVID-19 impact on the veterinary parasiticides market, and more.
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The global veterinary parasiticides market is expected to grow from $4.48 billion in 2020 to $4.98 billion in 2021 at a compound annual growth rate (CAGR) of 11.2%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $6.63 billion in 2025 at a CAGR of 7.4%.
The animals are increasingly being affected by zoonotic pathogens which are the leading cause for foodborne diseases worldwide.
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The veterinary parasiticides market consists of sales of veterinary parasiticides and related services which are used in the treatment of parasitic diseases in livestock, pets, and other animals. Veterinary parasiticides industry includes establishments that produce a cure to parasitic diseases that can be caused by helminths, amoeba, ectoparasites, parasitic fungi, and protozoa. The veterinary parasiticides are chemical substances that destroy or inhibit micro-organisms or parasites and improves the animals’ health.
Global Veterinary Parasiticides Market Segments Include:
By Type: Endoparasiticides, Ectoparasiticides, Endectocides
By End Users: R&D facilities, Farms, Veterinary Clinics
By Product: Oral Liquids, Tablets, Injectables, Sprays, Others
By Application: Farm Animals, Companion Animals
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Chewable tablets are being used to prevent animals from being affected by ticks, worms, fleas and others. Treatments with these tablets are easier to administer. The chewable tablets are available in either a beef-flavoured tablet or soft chew.
TBRC’s veterinary parasiticides market report covers:
Major Market Players: Bayer AG (Germany), Zoetis (U.S.), Boehringer Ingelheim (Germany), Merck (U.S.) and Eli Lilly and Company (U.S.).
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
The Veterinary Parasiticides Global Market Report 2021: COVID-19 Impact And Recovery to 2030 is one of a series of new reports from The Business Research Company that provides veterinary parasiticides market overviews, analyses and forecasts market size, share, veterinary parasiticides market players, veterinary parasiticides market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s veterinary parasiticides market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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