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Animal Parasiticides Market- Forecast & Opportunity, 2020-2027

Global Animal Parasiticides Market Size By Product (Ectoparasiticides {Sprays, Dips, Collars, Pour-ons and Spot-ons, Ear Tags}, Endoparasiticides {Injectables, Orals, Feed Additives}, Endectocides], By Animal Type (Farm Animals, Companion Animals), By Region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America), Forecast & Opportunities, 2015-2027

Product Overview:

Animal Parasiticides primarily consists of products such as Ectoparasiticides -Sprays, Dips, Collars, Pour-ons and Spot-ons, Ear Tags Endoparasiticides -Injectables, Orals, Feed Additives and Endectocides. Parasiticides are chemicals which are used to kill parasites that infect pets, companion animal and livestock. Parasiticides consist of one or more active ingredient which fight against the parasites. There is presence of various products in the market in different dosage form such as liquids, solids and solutions. There Parasiticides are often directly given to animals mixed in their feed. With specific functions and role, there are oral, spray and injectable products in the market

Marker Overview:

  • Global Animal Parasiticides Market is projected to expand with a CAGR of 4.2% during the forecast timeline, 2019 to 2027. 
  • The Animal Parasiticides market valued over USD 5.4billion in 2018 and is poisedto expand with a CAGR of over 4% during the forecast period to reach a market value over USD 11 billion by the end of 2027
  • Animal Parasiticides market revenue is largely generated from sales of ectoparasiticides.In 2018, a large majority of market value was generated from ectoparasiticidessegment. Owing to its large quantity and frequent purchase due to its advantage over other formulations.
  • Endectocides market is poised to expand with a fastest CAGR of over 5% and estimated to reach a market value of over USD 1.5 billion by end of 2027. Rising use of endectocides in large animals happens to be the major reason behind market growth.
  • Companion animal diagnostics market valued over USD 1.8 billion in 2018, owing to high usage in pet animals and increasing incidence of parasites infection in dogs and cats. Companion animal Parasiticides market is estimated to expand with a CAGR of over 5% during the forecast period.
  • North America Animal Parasiticides market accounted for largest market share in 2018 owing U.S Animal Parasiticides market which dominates the industry in North America region with a market share of more than 85% in 2018 and market value of USD 1.4 billion in 2018.
  • Asia Pacific Animal Parasiticides market is poised to expand with exponential growth rate of more than 6% during the projection timeframe due to rising adoption companion animals, high disposable income of pet owners and increasing awareness about anti-parasite products.

Research Scope:

On the basis of product, the Animal Parasiticides Market is segmented into;Product (Ectoparasiticides {Sprays, Dips, Collars, Pour-ons and Spot-ons, Ear Tags}, Endoparasiticides {Injectables, Orals, Feed Additives}, Endectocides], By Animal Type (Farm Animals, Companion Animals). Finally, the market is segmented into region wise which includes North America, Europe, and Asia Pacific, Middle East & Africa and Latin America and their respective countries.

Years considered for this report:

  • Historical Years: 2015 – 2018
  • Base Year: 2019
  • Forecast Period: 2020 – 2027

Research Methodology

The research methodology is a perfect amalgamation of secondary research, primary research and expert panel reviews. Extensive secondary research was conducted using paid data sources including Hoovers, Factiva, Bloomberg, , Capital IQ and OneSource. Moreover, several publicly-available data sources were used including statistics articles, journals, and industry associations. These data sources were used to assemble relevant information to develop an understanding of the market. The research was conducted covering the desk research and primary research. Data sources used for primary research included blogs, online forums, CAPI, CATI/CAWI, interviews, and video conferences. Additionally, interviews were conducted through connecting with various industry respondents including directors, C-level executives, divisional heads, expert consultants, regional heads, and independent consultants.

Primary research involves telephonic interviews, e-mail interactions and face-to-face interviews for detailed and unbiased reviews on the air purifier market across geographies. Primary interviews are usually conducted on an on-going basis with industry experts and participants in order to get the latest market insights and validate the existing data and analysis. Primary interviews offer information on important factors such as market trends, market size, competitive landscape, growth trends, and outlook. These factors help to validate and strengthen secondary research findings and also help to develop the analysis team’s expertise and market understanding.

Competitive Market Players:

The Animal Parasiticides Market is dominated by the presence of a few key players operating globally, which includesBayer Animal Health, BoehringerIngelheim Animal Health, Merck, Zoetis, Elanco, CevaSanteAnimale, Virbac, Perrigo Company PLC, Sanofi, and Vetoquinolamong others

Key Questions Answered in this Report:

  • What is the global Animal Parasiticides market size in terms of revenue from 2014-2027, and what is the expected growth rate during the forecast period 2019-2027? 
  • What is the revenue generated by different types of Animal Parasiticides at a global and regional level?
  • What is the revenue generated by Animal Parasiticides based on different segments at a global and regional level?
  • What is the revenue generated by Animal Parasiticides based on different end users at a global and regional level?
  • What is the market size and what are the various market opportunities of Animal Parasiticides across different regions?
  • What are the major driving forces that are expected to increase the demand for the Animal Parasiticides market during the forecast period?
  • What are the major challenges inhibiting the growth of the global Animal Parasiticides market?
  • Which are the major stakeholders in terms of their contribution and impact in the Animal Parasiticides ecosystem?
  • What type of new strategies is adopted by the existing market players to expand their market position in the industry?
  • What is the regulatory landscape in different regions for Animal Parasiticides?
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USD $ 4,500.00
Animal Parasiticides Market- Forecast & Opportunity, 2020-2027
Report Brochure

Global Animal Parasiticides Market Size By Product (Ectoparasiticides {Sprays, Dips, Collars, Pour-ons and Spot-ons, Ear Tags}, Endoparasiticides {Injectables, Orals, Feed Additives}, Endectocides], By Animal Type (Farm Animals, Companion Animals), By Region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America), Forecast & Opportunities, 2015-2027

Product Overview:

Animal Parasiticides primarily consists of products such as Ectoparasiticides -Sprays, Dips, Collars, Pour-ons and Spot-ons, Ear Tags Endoparasiticides -Injectables, Orals, Feed Additives and Endectocides. Parasiticides are chemicals which are used to kill parasites that infect pets, companion animal and livestock. Parasiticides consist of one or more active ingredient which fight against the parasites. There is presence of various products in the market in different dosage form such as liquids, solids and solutions. There Parasiticides are often directly given to animals mixed in their feed. With specific functions and role, there are oral, spray and injectable products in the market

Marker Overview:

  • Global Animal Parasiticides Market is projected to expand with a CAGR of 4.2% during the forecast timeline, 2019 to 2027. 
  • The Animal Parasiticides market valued over USD 5.4billion in 2018 and is poisedto expand with a CAGR of over 4% during the forecast period to reach a market value over USD 11 billion by the end of 2027
  • Animal Parasiticides market revenue is largely generated from sales of ectoparasiticides.In 2018, a large majority of market value was generated from ectoparasiticidessegment. Owing to its large quantity and frequent purchase due to its advantage over other formulations.
  • Endectocides market is poised to expand with a fastest CAGR of over 5% and estimated to reach a market value of over USD 1.5 billion by end of 2027. Rising use of endectocides in large animals happens to be the major reason behind market growth.
  • Companion animal diagnostics market valued over USD 1.8 billion in 2018, owing to high usage in pet animals and increasing incidence of parasites infection in dogs and cats. Companion animal Parasiticides market is estimated to expand with a CAGR of over 5% during the forecast period.
  • North America Animal Parasiticides market accounted for largest market share in 2018 owing U.S Animal Parasiticides market which dominates the industry in North America region with a market share of more than 85% in 2018 and market value of USD 1.4 billion in 2018.
  • Asia Pacific Animal Parasiticides market is poised to expand with exponential growth rate of more than 6% during the projection timeframe due to rising adoption companion animals, high disposable income of pet owners and increasing awareness about anti-parasite products.

Research Scope:

On the basis of product, the Animal Parasiticides Market is segmented into;Product (Ectoparasiticides {Sprays, Dips, Collars, Pour-ons and Spot-ons, Ear Tags}, Endoparasiticides {Injectables, Orals, Feed Additives}, Endectocides], By Animal Type (Farm Animals, Companion Animals). Finally, the market is segmented into region wise which includes North America, Europe, and Asia Pacific, Middle East & Africa and Latin America and their respective countries.

Years considered for this report:

  • Historical Years: 2015 – 2018
  • Base Year: 2019
  • Forecast Period: 2020 – 2027

Research Methodology

The research methodology is a perfect amalgamation of secondary research, primary research and expert panel reviews. Extensive secondary research was conducted using paid data sources including Hoovers, Factiva, Bloomberg, , Capital IQ and OneSource. Moreover, several publicly-available data sources were used including statistics articles, journals, and industry associations. These data sources were used to assemble relevant information to develop an understanding of the market. The research was conducted covering the desk research and primary research. Data sources used for primary research included blogs, online forums, CAPI, CATI/CAWI, interviews, and video conferences. Additionally, interviews were conducted through connecting with various industry respondents including directors, C-level executives, divisional heads, expert consultants, regional heads, and independent consultants.

Primary research involves telephonic interviews, e-mail interactions and face-to-face interviews for detailed and unbiased reviews on the air purifier market across geographies. Primary interviews are usually conducted on an on-going basis with industry experts and participants in order to get the latest market insights and validate the existing data and analysis. Primary interviews offer information on important factors such as market trends, market size, competitive landscape, growth trends, and outlook. These factors help to validate and strengthen secondary research findings and also help to develop the analysis team’s expertise and market understanding.

Competitive Market Players:

The Animal Parasiticides Market is dominated by the presence of a few key players operating globally, which includesBayer Animal Health, BoehringerIngelheim Animal Health, Merck, Zoetis, Elanco, CevaSanteAnimale, Virbac, Perrigo Company PLC, Sanofi, and Vetoquinolamong others

Key Questions Answered in this Report:

  • What is the global Animal Parasiticides market size in terms of revenue from 2014-2027, and what is the expected growth rate during the forecast period 2019-2027? 
  • What is the revenue generated by different types of Animal Parasiticides at a global and regional level?
  • What is the revenue generated by Animal Parasiticides based on different segments at a global and regional level?
  • What is the revenue generated by Animal Parasiticides based on different end users at a global and regional level?
  • What is the market size and what are the various market opportunities of Animal Parasiticides across different regions?
  • What are the major driving forces that are expected to increase the demand for the Animal Parasiticides market during the forecast period?
  • What are the major challenges inhibiting the growth of the global Animal Parasiticides market?
  • Which are the major stakeholders in terms of their contribution and impact in the Animal Parasiticides ecosystem?
  • What type of new strategies is adopted by the existing market players to expand their market position in the industry?
  • What is the regulatory landscape in different regions for Animal Parasiticides?
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