Animal Parasiticides Market Opportunities by 2031
The Animal Parasiticides Market is expected to register a CAGR of 5.6% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The Animal Parasiticides Market report covers analysis By Product (Endoparasiticides, Ectoparasiticides, Endectocides); Animal Type (Dairy and Food Producing Animals and Pet Animals) . The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Animal Parasiticides Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Animal Parasiticides Market Segmentation
Product- Endoparasiticides
- Ectoparasiticides
- Endectocides
- Dairy and Food Producing Animals and Pet Animals
Strategic Insights
Animal Parasiticides Market Growth Drivers- Rising Pet Adoption and Livestock Management: Market analysis highlights growing pet care expenditures and livestock health concerns driving market size growth.
- Innovation in Broad-Spectrum Parasiticides: Competitive analysis reveals the development of advanced formulations boosting market demand globally.
- Stringent Veterinary Health Regulations: PEST analysis indicates regulations favoring animal health, enhancing market growth as highlighted in recent market trends.
- Combination Products: The trend of multi-action parasiticides, which address multiple parasites in a single treatment, is gaining traction due to convenience and effectiveness.
- Eco-Friendly Solutions: The demand for environmentally safe parasiticides is increasing as sustainability becomes a priority in both agriculture and pet care.
- Focus on Companion Animals: As pets are increasingly treated as family members, there is a rising emphasis on high-quality parasiticides tailored to their specific needs.
- Research and Development Investments: Continuous R&D efforts are addressing challenges like parasite resistance and improving the efficacy of products.
- Emerging Markets: Developing regions with growing livestock and pet populations represent untapped opportunities for market expansion.
- Regulatory Support: Favorable government policies and initiatives aimed at improving animal health and food safety are fostering the growth of the parasiticides market.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Animal Parasiticides Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Animal Parasiticides Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The Animal Parasiticides Market is estimated to witness a CAGR of 5.6% from 2023 to 2031.
The major factors driving the market are: Rising pet and livestock care, Innovations in broad-spectrum parasiticides, Stringent veterinary health regulations.
Key future trends in this market are - Increasing Pet Ownership and Livestock Care, Innovations in Broad-Spectrum Products, Expansion into Emerging Markets
Key companies of this market are: Merck and Co, Inc, Bayer AG, Boehringer Ingelheim, Eli Lilly And Company, Zoetis, Inc., Virbac, Perrigo Company Plc, Vetoquinol S. A., Ceva Sante Animale
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the customization options available based on request are additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Animal Parasiticides Market - By Product
1.3.2 Animal Parasiticides Market - By Animal Type
1.3.3 Animal Parasiticides Market - By Region
1.3.3.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. ANIMAL PARASITICIDES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. ANIMAL PARASITICIDES MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. ANIMAL PARASITICIDES MARKET - GLOBAL MARKET ANALYSIS
6.1. ANIMAL PARASITICIDES - GLOBAL MARKET OVERVIEW
6.2. ANIMAL PARASITICIDES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ANIMAL PARASITICIDES MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. ENDOPARASITICIDES
7.3.1. Overview
7.3.2. Endoparasiticides Market Forecast and Analysis
7.3.3. Oral Solids Market
7.3.3.1. Overview
7.3.3.2. Oral Solids Market Forecast and Analysis
7.3.4. Oral Liquids Market
7.3.4.1. Overview
7.3.4.2. Oral Liquids Market Forecast and Analysis
7.3.5. Injectables Market
7.3.5.1. Overview
7.3.5.2. Injectables Market Forecast and Analysis
7.3.6. Feed Additives Market
7.3.6.1. Overview
7.3.6.2. Feed Additives Market Forecast and Analysis
7.3.7. Others Market
7.3.7.1. Overview
7.3.7.2. Others Market Forecast and Analysis
7.4. ECTOPARASITICIDES
7.4.1. Overview
7.4.2. Ectoparasiticides Market Forecast and Analysis
7.4.3. Oral Tablets Market
7.4.3.1. Overview
7.4.3.2. Oral Tablets Market Forecast and Analysis
7.4.4. Pour-Ons and Spot-Ons Market
7.4.4.1. Overview
7.4.4.2. Pour-Ons and Spot-Ons Market Forecast and Analysis
7.4.5. Sprays Market
7.4.5.1. Overview
7.4.5.2. Sprays Market Forecast and Analysis
7.4.6. Dips Market
7.4.6.1. Overview
7.4.6.2. Dips Market Forecast and Analysis
7.4.7. Collars Market
7.4.7.1. Overview
7.4.7.2. Collars Market Forecast and Analysis
7.4.8. Others Market
7.4.8.1. Overview
7.4.8.2. Others Market Forecast and Analysis
7.5. ENDECTOCIDES
7.5.1. Overview
7.5.2. Endectocides Market Forecast and Analysis
8. ANIMAL PARASITICIDES MARKET - REVENUE AND FORECASTS TO 2028 - ANIMAL TYPE
8.1. OVERVIEW
8.2. ANIMAL TYPE MARKET FORECASTS AND ANALYSIS
8.3. DAIRY AND FOOD PRODUCING ANIMALS
8.3.1. Overview
8.3.2. Dairy and Food Producing Animals Market Forecast and Analysis
8.3.3. Cattle Market
8.3.3.1. Overview
8.3.3.2. Cattle Market Forecast and Analysis
8.3.4. Sheep and Goats Market
8.3.4.1. Overview
8.3.4.2. Sheep and Goats Market Forecast and Analysis
8.3.5. Poultry Market
8.3.5.1. Overview
8.3.5.2. Poultry Market Forecast and Analysis
8.3.6. Pigs Market
8.3.6.1. Overview
8.3.6.2. Pigs Market Forecast and Analysis
8.3.7. Others Market
8.3.7.1. Overview
8.3.7.2. Others Market Forecast and Analysis
8.4. PET ANIMALS
8.4.1. Overview
8.4.2. Pet Animals Market Forecast and Analysis
8.4.3. Dogs Market
8.4.3.1. Overview
8.4.3.2. Dogs Market Forecast and Analysis
8.4.4. Horses Market
8.4.4.1. Overview
8.4.4.2. Horses Market Forecast and Analysis
8.4.5. Cats Market
8.4.5.1. Overview
8.4.5.2. Cats Market Forecast and Analysis
8.4.6. Others Market
8.4.6.1. Overview
8.4.6.2. Others Market Forecast and Analysis
9. ANIMAL PARASITICIDES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Animal Parasiticides Market Overview
9.1.2 North America Animal Parasiticides Market Forecasts and Analysis
9.1.3 North America Animal Parasiticides Market Forecasts and Analysis - By Product
9.1.4 North America Animal Parasiticides Market Forecasts and Analysis - By Animal Type
9.1.5 North America Animal Parasiticides Market Forecasts and Analysis - By Countries
9.1.5.1 United States Animal Parasiticides Market
9.1.5.1.1 United States Animal Parasiticides Market by Product
9.1.5.1.2 United States Animal Parasiticides Market by Animal Type
9.1.5.2 Canada Animal Parasiticides Market
9.1.5.2.1 Canada Animal Parasiticides Market by Product
9.1.5.2.2 Canada Animal Parasiticides Market by Animal Type
9.1.5.3 Mexico Animal Parasiticides Market
9.1.5.3.1 Mexico Animal Parasiticides Market by Product
9.1.5.3.2 Mexico Animal Parasiticides Market by Animal Type
9.2. EUROPE
9.2.1 Europe Animal Parasiticides Market Overview
9.2.2 Europe Animal Parasiticides Market Forecasts and Analysis
9.2.3 Europe Animal Parasiticides Market Forecasts and Analysis - By Product
9.2.4 Europe Animal Parasiticides Market Forecasts and Analysis - By Animal Type
9.2.5 Europe Animal Parasiticides Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Animal Parasiticides Market
9.2.5.1.1 Germany Animal Parasiticides Market by Product
9.2.5.1.2 Germany Animal Parasiticides Market by Animal Type
9.2.5.2 France Animal Parasiticides Market
9.2.5.2.1 France Animal Parasiticides Market by Product
9.2.5.2.2 France Animal Parasiticides Market by Animal Type
9.2.5.3 Italy Animal Parasiticides Market
9.2.5.3.1 Italy Animal Parasiticides Market by Product
9.2.5.3.2 Italy Animal Parasiticides Market by Animal Type
9.2.5.4 Spain Animal Parasiticides Market
9.2.5.4.1 Spain Animal Parasiticides Market by Product
9.2.5.4.2 Spain Animal Parasiticides Market by Animal Type
9.2.5.5 United Kingdom Animal Parasiticides Market
9.2.5.5.1 United Kingdom Animal Parasiticides Market by Product
9.2.5.5.2 United Kingdom Animal Parasiticides Market by Animal Type
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Animal Parasiticides Market Overview
9.3.2 Asia-Pacific Animal Parasiticides Market Forecasts and Analysis
9.3.3 Asia-Pacific Animal Parasiticides Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Animal Parasiticides Market Forecasts and Analysis - By Animal Type
9.3.5 Asia-Pacific Animal Parasiticides Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Animal Parasiticides Market
9.3.5.1.1 Australia Animal Parasiticides Market by Product
9.3.5.1.2 Australia Animal Parasiticides Market by Animal Type
9.3.5.2 China Animal Parasiticides Market
9.3.5.2.1 China Animal Parasiticides Market by Product
9.3.5.2.2 China Animal Parasiticides Market by Animal Type
9.3.5.3 India Animal Parasiticides Market
9.3.5.3.1 India Animal Parasiticides Market by Product
9.3.5.3.2 India Animal Parasiticides Market by Animal Type
9.3.5.4 Japan Animal Parasiticides Market
9.3.5.4.1 Japan Animal Parasiticides Market by Product
9.3.5.4.2 Japan Animal Parasiticides Market by Animal Type
9.3.5.5 South Korea Animal Parasiticides Market
9.3.5.5.1 South Korea Animal Parasiticides Market by Product
9.3.5.5.2 South Korea Animal Parasiticides Market by Animal Type
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Animal Parasiticides Market Overview
9.4.2 Middle East and Africa Animal Parasiticides Market Forecasts and Analysis
9.4.3 Middle East and Africa Animal Parasiticides Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Animal Parasiticides Market Forecasts and Analysis - By Animal Type
9.4.5 Middle East and Africa Animal Parasiticides Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Animal Parasiticides Market
9.4.5.1.1 South Africa Animal Parasiticides Market by Product
9.4.5.1.2 South Africa Animal Parasiticides Market by Animal Type
9.4.5.2 Saudi Arabia Animal Parasiticides Market
9.4.5.2.1 Saudi Arabia Animal Parasiticides Market by Product
9.4.5.2.2 Saudi Arabia Animal Parasiticides Market by Animal Type
9.4.5.3 U.A.E Animal Parasiticides Market
9.4.5.3.1 U.A.E Animal Parasiticides Market by Product
9.4.5.3.2 U.A.E Animal Parasiticides Market by Animal Type
9.4.5.4 Iran Animal Parasiticides Market
9.4.5.4.1 Iran Animal Parasiticides Market by Product
9.4.5.4.2 Iran Animal Parasiticides Market by Animal Type
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Animal Parasiticides Market Overview
9.5.2 South and Central America Animal Parasiticides Market Forecasts and Analysis
9.5.3 South and Central America Animal Parasiticides Market Forecasts and Analysis - By Product
9.5.4 South and Central America Animal Parasiticides Market Forecasts and Analysis - By Animal Type
9.5.5 South and Central America Animal Parasiticides Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Animal Parasiticides Market
9.5.5.1.1 Brazil Animal Parasiticides Market by Product
9.5.5.1.2 Brazil Animal Parasiticides Market by Animal Type
9.5.5.2 Argentina Animal Parasiticides Market
9.5.5.2.1 Argentina Animal Parasiticides Market by Product
9.5.5.2.2 Argentina Animal Parasiticides Market by Animal Type
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. ANIMAL PARASITICIDES MARKET, KEY COMPANY PROFILES
11.1. MERCK AND CO., INC.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BAYER AG
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. BOEHRINGER INGELHEIM
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. ELI LILLY AND COMPANY
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. ZOETIS, INC.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. VIRBAC
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. PERRIGO COMPANY PLC
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. VETOQUINOL S.A.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. CEVA SANTE ANIMALE
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. SANOFI
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies
1. Merck and Co, Inc
2. Bayer AG
3. Boehringer Ingelheim
4. Eli Lilly And Company
5. Zoetis, Inc.
6. Virbac
7. Perrigo Company Plc
8. Vetoquinol S. A.
9. Ceva Sante Animale
10. Sanofi
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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