Rising Prevalence of Zoonotic Disorders Spark Demand for Animal Parasiticides

DUBLIN, June 27, 2023 /PRNewswire/ — The “Animal Parasiticides: Global Strategic Business Report” report has actually been contributed to  ResearchAndMarkets.com’s offering.

The worldwide market for Animal Parasiticides approximated at US$9.5 Billion in the year 2022, is predicted to reach a modified size of US$14.1 Billion by 2030, growing at a CAGR of 5.2% over the analysis duration 2022-2030.

Ectoparasiticides, among the sections evaluated in the report, is predicted to tape-record a 5.6% CAGR and reach US$5.5 Billion by the end of the analysis duration.

Taking into account the continuous post pandemic healing, development in the Endoparasiticides section is adjusted to a modified 5% CAGR for the next 8-year duration.

The U.S. Market is Estimated at $2.2 Billion, While China is Forecast to Grow at 6.9% CAGR

The Animal Parasiticides market in the U.S. is approximated at US$2.2 Billion in the year 2022. China, the world’s second biggest economy, is anticipated to reach a predicted market size of US$1.4 Billion by the year 2030 tracking a CAGR of 6.9% over the analysis duration 2022 to 2030.

Among the other notable geographical markets are Japan and Canada, each projection to grow at 3.1% and 5.2% respectively over the 2022-2030 duration.

Within Europe, Germany is anticipated to grow at around 4.5% CAGR. Led by nations such as Australia, India, and South Korea, the marketplace in Asia-Pacific is anticipated to reach US$1.7 Billion by the year 2030.

Select Competitors (Total 30 Featured) –

Key Topics Covered:

I. APPROACH

II. EXECUTIVE SUMMARY

1. MARKET SUMMARY

• Influencer Market Insights

• World Market Trajectories

• Impact of Covid-19 and a Looming Global Recession

• Veterinary Parasiticides: An Introduction

• General Characteristics of Animal Parasiticides

• Most Common Chemical Classes of Veterinary Parasiticides: An Overview

• Classification of Ectoparasiticides

• Different Delivery Forms of Ectoparasiticides

• Classification of Endoparasiticides

• Different Delivery Forms of Anthelmintics

• An Insight into Formulations of Veterinary Parasiticides

• Proportion of Non-Active Ingredients in Different Antiparasitic Product Formulations

• Original and Generic Antiparasitics

• Original Antiparasitics

• Generic Antiparasitics

• Animal Parasiticides: Vital for the Treatment of Parasitic Diseases in Animals

• Animal Parasiticides Market to Witness Healthy Growth

• Ectoparasiticides: The Largest Product Segment

• Food-Producing Animals: The Major End-Use Segment for Animal Parasiticides

• Developed Regions Lead the Global Animal Parasiticide Market

• Animal Parasiticides – Global Key Competitors Percentage Market Share in 2022 (E)

• Ectoparasiticides (Product) Global Competitor Market Share Positioning for 2019 & 2025

• Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

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2. CONCENTRATE ON SELECT GAMERS

3. MARKET TRENDS & DRIVERS

• Growing Awareness about Animal Healthcare and Increased Spending on Animal Healthcare Products and Medication Augurs and Well for Animal Parasiticides Market

• Animal Healthcare Market Worldwide: Revenues in United States$ Billion for the Years 2018, 2020, 2022 and 2024

• Rising Prevalence of Zoonotic Disorders Spark Demand for Animal Parasiticides

• Rising Adoption of Pets and Companion Animals Fuels Demand for Animal Parasiticides

• Pet Population Worldwide: Number of Dogs and Cats in Million for the Years 2017 and 2018

• Global Pet Dog Population: Number of Pet Dogs by Select Countries in Million for the Year 2018

• Global Pet Cat Population (2018): Number of Pet Cats by Select Countries in Million for the Year 2018

• With Demand for Protein Rich, Animal-Derived Foods Continuing to Grow, Parasiticides Market is Poised for Growth

• World Population (in Thousands) by Geographic Region for the Years 2018, 2025, 2040, 2050

• Per Capita Meat Consumption in Kg/Per Person/Year by Region by Meat Type for 2015-2017

• Global Protein Consumption: Breakdown of Meat Consumption in 1,000 Metric Tons (Carcass Weight Equivalent) for the Years 2015-2019

• Sustained Increase in Number of Veterinary Practitioners in Developed Regions Drives Sales of Parasiticides

• Number of Veterinarians in the US by Gender for the Years 2016, 2017 and 2018

• Trend towards Vegetarian Diet Hampers Market Growth

• Countries with Highest Proportion of Vegetarian Diet: Vegetarianism as % of Total Population for the Year 2018

• Regulations Restricting Use of Parasiticides for Food-Producing Animals Impedes Demand Growth

• Developing Oral Forms of Ectoparasiticides: An Area of Focus for Market Players

• Resistance to Antiparasitics in Animals: A Major Concern

4. WORLDWIDE MARKET VIEWPOINT

III. MARKET ANALYSIS

IV. COMPETITORS

For more details about this report check out https://www.researchandmarkets.com/r/o3jvaw

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