Animal Parasiticide Market Overview:
For the global industry’s Animal Parasiticide Market analysis, a research team did thorough primary and secondary research. Secondary research was carried out in order to supplement existing data, segment the market, estimate overall market size, and anticipate market size and growth rate.
Primary and secondary research is used to identify market leaders, while primary and secondary research is used to assess market revenue. In-depth interviews with important thought leaders and industry professionals, such as experienced front-line staff, CEOs, and marketing executives, were conducted as part of the core research. Primary research comprised in-depth interviews with key thought leaders and industry professionals, such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the main manufacturers’ annual and financial reports. Secondary data is used to calculate global market percentage splits, market shares, growth rates, and breakdowns, which are then compared to primary data.
Animal Parasiticide Market was valued at USD 9.4 Billion in 2021, and it is expected to reach USD 16.89 Billion by 2029, exhibiting a CAGR of 7.6% during the forecast period (2022-2029)
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Market Scope:
By defining and assessing market segments and predicting market size, the study aids comprehension of the Global Animal Parasiticide Market dynamic structure. In addition, the report includes a competitive analysis of significant firms based on pricing, financial state, application expansion ambitions, and geographical presence. The research also includes a PESTLE analysis to help shareholders prioritize their efforts and investments in the Global Animal Parasiticide Market.
External and internal factors that are predicted to have a positive or negative impact on enterprises have been researched, presenting decision-makers with a clear picture of the sector’s future. By studying market segments and projecting Animal Parasiticide Market size, the study also assists in understanding the dynamic structure of the Global Animal Parasiticide Market. The study acts as a resource for investors by depicting the competitive analysis of prominent businesses in the Global Animal Parasiticide Market based on price, financial status, growth strategies, and geographical presence.
Segmentation:
The market for animal parasiticides is divided into two categories: companion animals and livestock animals. With a 52.2% market share in 2020, companion animals represented the largest market segment for animal parasiticides. This market is anticipated to increase from USD 5,130.2 million in 2021 to USD 7,633.2 million in 2026, with an estimated CAGR of 8.3%. The sizeable market share of this industry is mostly a result of increased pet ownership expenditures and an increase in the number of people who keep companion animals in industrialised countries.
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Key Players:
• Ceva Santé Animale
• Bimeda Animal Health
• Boehringer Ingelheim GmbH
• Elanco Animal Health Incorporated
• Sanofi S.A. (Merial)
• Virbac SA
• Eli Lilly and Company
• Bayer AG
• Perrigo Co. plc
Regional Analysis:
An study of the Animal Parasiticide Market at the national level focuses on categories indicated as potentially high-growth, nations with the biggest market share, and countries with the highest development potential. North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), and Other nations are the geographical breakdowns in the Animal Parasiticide Market study.
COVID-19 Impact Analysis on Animal Parasiticide Market: The report covers COVID-19 impact on Animal Parasiticide market.
Key Questions Answered in the Animal Parasiticide Market Report are:
- What will be the Animal Parasiticide market’s CAGR throughout the projected period?
- Which market category emerged as the market leader in the Animal Parasiticide market?
- Who are the key players in the Animal Parasiticide market?
- How big will the Animal Parasiticide market be in 2029?
- Which firm had the biggest market share in the Animal Parasiticide market?
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