Animal Parasiticide Market to Hit US$ 21.43 Billion by 2032: Says FMI

Animal Parasiticide Market

In 2021, the market for animal parasiticides was estimated to be worth US$ 9.7 billion, and by the end of 2022, it was expected to be worth US$ 10.4 billion. Long-term growth in revenue is anticipated to reach US$ 21.43 billion between 2022 and 2032 at a CAGR of 7.5%.

FMI’s latest report on global Animal Parasiticide market provides analysis on regulatory landscape and profitable epidemiology. The study also tracks global sales of primary Animal Parasiticide in 20+ high-growth markets, along with the detailed coverage of the impact COVID-19 had on the Animal Parasiticide market.

In the last couple of years, chemicals & materials industry has witnessed considerable technological advancements across various sectors. Coupled with this, increasing research and development activities following the outbreak of COVID-19 have had a positive impact on the overall growth.

With the development in petroleum & oil and gas companies and R&D activities, the market has witnessed a healthy expansion. FMI’s latest report offers significant details about the latest trend and challenges that the Animal Parasiticide market is expected to witness in the upcoming decade.

Charts and data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download the sample report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-595

Impact of COVID-19 on Animal Parasiticide Market

The pandemic has placed an enormous strain on the chemicals & materials industry including its workforce, supply-chain, infrastructure, and market players. The first wave of COVID-19 that hit the regions across the globe, compelled the chemicals & materials industry to adapt and develop its infrastructure and innovate in a short period of time. Against this backdrop, FMI tracks the changes, improvement, profits and losses in the industry among the existing players as well as the new entrants within the industry.

The FMI’s recently published report presents detailed insights into the impact of COVID-19 on the Animal Parasiticide market and innovative strategies adopted by the market players to tackle the challenges encountered due to the pandemic.

Important Questions Answered in the Animal Parasiticide Market Report

  1. How will the Animal Parasiticide market expand through 2032?
  2. Which region is the most lucrative in the Animal Parasiticide market?
  3. What are the recent technological developments in the Animal Parasiticide market?
  4. What are key challenges and competition threats faced by Animal Parasiticide market players?
  5. Who are prominent players leading the Animal Parasiticide market?

Animal Parasiticide Market: Competitive Evaluation

The FMI’s Animal Parasiticide market report provides a comprehensive analysis on key players operating in the Animal Parasiticide market. Some of the key players are:

  • Bayer AG,
  • Bimeda Animal Health
  • Boehringer Ingelheim GmbH
  • Ceva Santé Animale
  • Elanco (Eli Lilly and Company)
  • Merck & Co., Inc.
  • Vetoquinol
  • Zoetis, Inc.
  • Virbac
  • The Chanelle Group

With a detailed analysis on positioning of top companies across the globe, emerging players, strategic players and innovators, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of key players over the forecast period.

For any Queries Related with the Report, Ask an Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-595

Key Segments Covered in the Animal Parasiticide Industry Study

Product:

  • Endoparasiticides
    • Animal Parasiticide Additives
    • Animal Parasiticide Injectables
    • Animal Parasiticide Drenches
    • Animal Parasiticide Tablets/Pills
    • Others Animal Parasiticides
  • Ectoparasiticides
    • Animal Parasiticide Collars
    • Animal Endectocides

Animal Type:

  • Animal Parasiticide for Companion Animals
    • Cats
    • Dogs
    • Horses
    • Others
  • Animal Parasiticide for Food Producing Animals
    • Cattle
    • Poultry
    • Sheep
    • Others

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East & Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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