The animal parasiticides market is expected to witness significant growth in the coming years, with a growing number of pet adoptions, rising awareness about animal healthcare, and growing concern to prevent the outbreak of zoonotic diseases. The global market is projected to reach USD 9.75 Billion by 2020 from USD 7.41 Billion in 2015, at a CAGR of 5.7% from 2015 to 2020.
Complete report of Animal Parasiticides Market spread across 178 Pages, Profiling 12 Companies and Supported with 93 Tables and 102 Figures is now available at http://www.reportsnreports.com/reports/283181-animal-parasiticides-market-by-product-endoparasiticides-ectoparasiticides-endectocides-oral-liquids-tablets-injectables-sprays-pour-on-spot-on-collars-ear-tags-animal-dogs-cats-cattle-pigs-sheep-goats-global-forecast-to-2018.html .
The report analyzes the market by product, animal type, and region. On the basis of products, the global market is further segmented into endoparasiticides, ectoparasiticides, and endectocides. On the basis of animal type, the global animal parasiticides market is segmented into companion animals and food-producing animals.
This Report is Useful for Following Audience
- Animal Parasiticides Manufacturers
- Animal Parasiticides Distributors
- Animal Health Research and Development (R&D) Companies
- Government Associations
- Market Research and Consulting Firms
- Venture Capitalists and Investors
Factors such as rising animal health expenditure, rising pet adoption, growing demand for animal-derived food products, increasing number of veterinary practitioners and their income levels in developed regions, increasing animal research along with growing animal parasiticides market research grants, and growth in the awareness about animal transmitted diseases are contributing to the growth of the global market during the forecast period. However, growing preference for vegetarian diets, stringent approval process for animal parasiticides, and restriction on the use of parasiticides in food-producing animals are restraining the growth of this market to a certain extent.
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In 2014, Europe dominated the animal parasiticides market followed by North-America, Asia-pacific, and Rest of the World. The Increasing number of companion animals, rising companion animal healthcare expenditure, increasing awareness about animal diseases, growing number of veterinary practitioners and their income levels, and rising demand for animal-derived food products are factors driving the growth of this market.
The animal parasiticides market is fragmented in nature, with a large number of companies continuously trying to mark their presence. The market is led by Sanofi (France), Bayer AG (Germany), and Zoetis, Inc. (U.S.). Other players in this market are Boehringer Ingelheim (Germany), Ceva Sante Animale (France), Eli Lilly and Company (U.S.), Merck and Co., Inc. (U.S.), Virbac (France), Vetoquinol S.A. (France), and Perrigo Company plc (Ireland).
Click now for more Details, Quiries and Discount and Other Information on this study “Animal Parasiticides Market by Product (Endoparasiticides, Ectoparasiticides, Endectocides, Oral Liquids, Tablets, Injectables, Sprays, Pour-on, Spot-on, Collars, Ear Tags) by Animal (Dogs, Cats, Cattle, Pigs, Sheep and Goats, Poultry) - Global Forecast to 2020” research report can be requested at http://www.reportsnreports.com/contacts/discount.aspx?name=283181 .
On the other hand, the Asia-Pacific (APAC) region is expected to witness the highest growth rate during the forecast period. This can be mainly attributed to the growing livestock population, increasing pet adoption, rising awareness about animal health, progressive urbanization, changing dietary habits, and growing per capita animal health expenditure in this region.
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The animal parasiticides market report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help firms in garnering a greater market share.Firms purchasing the report could use any one or combination of the below-mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) for increasing their market shares.
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