Global Market Report on Veterinary Parasiticides (2018 to 2022) - Featuring Bayer, Zoetis and Merck Among Others - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Veterinary Parasiticides Global Market Report 2020" report has been added to ResearchAndMarkets.com's offering.

The global veterinary parasiticides market was valued at about $9.63 billion in 2018 and is expected to grow to $12.02 billion at a CAGR of 5.7% through 2022.

Veterinary Parasiticides Market Global Report 2020 from the author provides strategists, marketers and senior management with the critical information they need to assess the global veterinary parasiticides market.

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The veterinary parasiticides market consists of sales of veterinary parasiticides and related services which are used in the treatment of parasitic diseases in livestock, pets, and other animals. Veterinary parasiticides industry includes establishments that produce a cure to parasitic diseases that can be caused by helminths, amoeba, ectoparasites, parasitic fungi, and protozoa. The veterinary parasiticides are chemical substances that destroy or inhibit micro-organisms or parasites and improves the animals' health.

The veterinary parasiticides market in Asia Pacific is forecasted to register the highest CAGR during 2018-2023.

Lack of awareness about animal diseases due to limited information on microbes and their impact on wildlife and livestock disease restrains the veterinary parasiticides industry. Lack of awareness about the occurrence of zoonotic diseases and their impact on public health is a major hurdle for the animal parasiticides market. This lack of awareness does not allow people to adopt the parasiticides for livestock/wildlife which not only control different parasitic diseases but also improve animal health.

Chewable tablets are being used to prevent animals from being affected by ticks, worms, fleas and others. Treatments with these tablets are easier to administer. The chewable tablets are available in either a beef-flavored tablet or soft chew. For instance, the IVERHART MAX chewable tablets protect dogs from the 4 most common worms: heartworms (infection caused by bite of an infected mosquito), roundworms, hookworms (affects the intestines) and tapeworms (caused by ingesting an infected flea). Such advances in technology are significantly driving the veterinary parasiticides industry.

The veterinary parasiticides market is regulated by government agencies such as European Medicines Agency (EMA), USFDA (the US food and drug ministration), and others. For instance, under the directive 2008/97/EC of the European Parliament certain products/drugs which contain substances having a hormonal or thyrostatic action and beta agonists are banned. Meat or products from food producing animals which have an oestrogenic, androgenic or gestagenic action or beta-agonists are prohibited for human consumption unless those animals have been treated with veterinary medicines complying with the requirements of Article 6 of Council Directive 96/22/EC.

Key Topics Covered:

1. Executive Summary

2. Veterinary Parasiticides Market Characteristics

3. Veterinary Parasiticides Market Size And Growth

3.1. Global Veterinary Parasiticides Historic Market, 2015 - 2019, $ Billion

3.1.1. Drivers Of The Market

3.1.2. Restraints On The Market

3.2. Global Veterinary Parasiticides Forecast Market, 2019 - 2022F, 2025F, 2030F, $ Billion

3.2.1. Drivers Of The Market

3.2.2. Restraints On the Market

4. Veterinary Parasiticides Market Segmentation

4.1. Global Veterinary Parasiticides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

• Endoparasiticides Ectoparasiticides
• Endectocides

4.2. Global Veterinary Parasiticides Market, Segmentation By End Users, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

• R&D facilities Farms
• Veterinary Clinics

4.3. Global Veterinary Parasiticides Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

• Oral Liquids Tablets
• Injectables Sprays
• Others

4.4. Global Veterinary Parasiticides Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

• Farm Animals Companion Animals

5. Veterinary Parasiticides Market Regional And Country Analysis

5.1. Global Veterinary Parasiticides Market, Split By Region, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

5.2. Global Veterinary Parasiticides Market, Split By Country, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

Companies Mentioned

• Bayer AG
• Zoetis
• Boehringer Ingelheim
• Merck
• Eli Lilly and Company
• Virbac
• Ceva Animal Health Inc.
• Merial
• Perrigo Company
• Vetoquinol
• Intas Pharmaceuticals Ltd
• Perrigo Company
• Elanco
• Dechra Pharmaceuticals
• Lillidale Animal Health
• Phibro Animal Health
• Bovian Health Care
• Sanofi
• Novartis AG
• Oceanic Pharmachem
  

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