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Animal Parasiticides Market Size, Share Global Analysis Report, 2020–2026

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Animal Parasiticides Market By Product (Endoparasiticides, Ectoparasiticides, and Endectocides), By Animal Type (Companion Animals and Food-Producing Animals), and By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026

Industry Insights

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the Animal Parasiticides industry. The report analyzes and declares the historical and current trends analysis of the Animal Parasiticides industry and subsequently recommends the projected trends anticipated to be observed in the global Animal Parasiticides market during the upcoming years.

Global Animal Parasiticides Market Size

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The global Animal Parasiticides market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire Animal Parasiticides market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Billion) from FY 2016 – 2026.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Animal Parasiticides industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Animal Parasiticides industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the global Animal Parasiticides market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Animal Parasiticides industry. The global Animal Parasiticides market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Animal Parasiticides sector. Key strategic developments in the global Animal Parasiticides market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the global Animal Parasiticides market are appropriately highlighted in the report.

Animal Parasiticides are medicaments that fundamentally used to prevent, kill, resist, or lessen external or internal parasites in animals. These are substances used in veterinary medicines to kill parasites. The animal parasiticides help improve the animal health across the world.

Rising government and private investments in the R&D activities and ongoing research on the animal parasiticides is projected to augment the expansion of the global Animal Parasiticides market. The propelling demand for animal-based foods, rising concerns over zoonotic diseases, and stringent government regulations for prevention of spread of parasite-related diseases are other factors estimated to help promulgate the industry during the forecast period. Additionally, the increasing pet lovers, veterinary healthcare spending, and emerging parasiticides business provide significant investment opportunities for market players to develop their animal parasiticides business. The market growth is attributed to the growing research grants, high pet adoption, surging disposable income, escalating number of veterinary practitioners, and increasing demand for animal-derived food products are estimated to boost the growth of Animal Parasiticides market. However, the increasing inclination toward vegetarian diets, stringent regulation process for animal parasiticides, and parasiticides restrictional use on food-producing animals may hamper the growth of the targeted market.

The global Animal Parasiticides market research report delivers an acute valuation and taxonomy of the Animal Parasiticides industry by practically splitting the market on the basis of different product, animal type, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.

logoReport Scope

Report Attribute

Details

Market Size in 2019

USD 5.95 Billion

Projected Market Size in 2026

USD 8.10 Billion

CAGR Growth Rate

4.5% CAGR

Base Year

2019

Forecast Years

2020-2026

Key Market Players

Boehringer Ingelheim, Bayer AG, Ceva Sante Animale, Merck and Co., Inc., Sanofi, Huvepharma, Virbac, Vetoquinol S.A., Perrigo Company PLC, Zoetis, Inc., Eli Lilly and Company, and Dechra Pharmaceuticals Plc.

Key Segment

By Product, Animal, and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

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The regional segmentation of the Animal Parasiticides industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the Animal Parasiticides industry is provided for the leading economies of the world.

The global Animal Parasiticides market is segmented based on Product and Animal Type. On the basis of product segmentation, the market is classified into Endoparasiticides, Ectoparasiticides, and Endectocides. Based on animal type, the market for animal parasiticides is divided into Companion Animals and Food-Producing Animals.

logoSome of the essential players operating in the global Animal Parasiticides market, but not restricted to include

  • Boehringer Ingelheim 
  •  Bayer AG 
  •  Ceva Sante Animale 
  •  Merck and Co.  Inc. 
  •  Sanofi 
  •  Huvepharma 
  •  Virbac 
  •  Vetoquinol S.A. 
  •  Perrigo Company PLC 
  •  Zoetis  Inc. 
  •  Eli Lilly and Company 
  •  and Dechra Pharmaceuticals Plc

The taxonomy of the Animal Parasiticides industry by its scope and segmentation is as follows:

logo Product Segmentation Analysis

  • Ectoparasiticides
    • Pour-On & Spot-On
    • Sprays
    • Dips
    • Ear Tags
    • Collars
    • Oral Tablets
    • Others
  • Endoparasiticides
    • Oral Liquids
    • Oral Solids
    • Injectables
    • Feed Additives
    • Others
  • Endectocides

logo Animal Type Segmentation Analysis

  • Companion Animals
    • Dogs
    • Cats
    • Horses
    • Others
  • Food-Producing Animals
    • Poultry
    • Cattles
    • Pigs
    • Sheep and Goats
    • Others

logo Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Industry Major Market Players

  • Boehringer Ingelheim 
  •  Bayer AG 
  •  Ceva Sante Animale 
  •  Merck and Co.  Inc. 
  •  Sanofi 
  •  Huvepharma 
  •  Virbac 
  •  Vetoquinol S.A. 
  •  Perrigo Company PLC 
  •  Zoetis  Inc. 
  •  Eli Lilly and Company 
  •  and Dechra Pharmaceuticals Plc

Frequently Asked Questions

Animal Parasiticides are medicaments that fundamentally used to prevent, kill, resist, or lessen external or internal parasites in animals. These are substances used in veterinary medicines to kill parasites. Animal parasiticides help improve animal health across the world.
Ans: One of the major causes for the growth of the global Animal Parasiticides market is "Rising government and private investments in the R&D activities and ongoing research on the animal parasiticides".
According to a study, the global Animal Parasiticides market size was worth around USD 5.95 billion in 2019 and is predicted to grow to around USD 8.10 billion by 2026.
The CAGR value of the Animal Parasiticides market is expected to be around 4.5% during 2020-2026
Ans: The global Animal Parasiticides market is expected to witness the highest growth in "Europe Region"
The global Animal Parasiticides market is led by players like Boehringer Ingelheim, Bayer AG, Ceva Sante Animale, Merck and Co., Inc., Sanofi, Huvepharma, Virbac, Vetoquinol S.A., Perrigo Company PLC, Zoetis, Inc., Eli Lilly and Company, Dechra Pharmaceuticals Plc., and others.