global-veterinary-paraciticides-market-disease-causing-organisms-products-animal-trends-forecasts-industry
Published

November 2016

Global Veterinary Paraciticides Market - segmented by disease causing organisms, By products, By animal types & by Geography - Trends & Forecasts (2016- 2021).

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The global veterinary parasiticides market was valued at USD 2.4713 million in 2016 and is projected to reach USD 4.19 million by 2021, at a CAGR of 11.16% during the forecast period from 2016 to 2021.

Global Veterinary Parasiticides Market- Market Dynamics

Veterinary pharmaceuticals, including parasiticides, have transformed the health of companion and livestock animals across the globe over the past two decades. Today, the spectrum of parasiticides for veterinary applications continues to expand with a variety of ectoparasiticides, endoparasiticides, and endectocides that are launched every year. Constant innovations are leading to the emergence of novel parasiticide delivery systems as well in this market.

Drivers

Some of the key factors driving the market towards growth are:

  • Increase in pet ownership
  • Improved nutrition
  • Intensifying consumer focus on food safety
  • Greater livestock production rates
  • Increasing food-borne diseases

Restraints

Some of the factors restraining the market are:

  • Scarcity of arable land and water
  • Increased competition for cultivated land
  • Increased competition for cost-effective production

The global veterinary parasiticides market can be segmented on the basis of disease-causing organisms into Ectoparasiticides (fleas, lice, mites) and Endoparasiticides (gastrointestinal nematode, heartworms, lungworms). By products, the market can be segmented into oral liquids, tablets, injectables, sprays, pour on, spot on, collars, and ear tags. By species, the market can be further classified into companion animals (dogs, cats, horses, and others) and farm animals (cattle, swine, poultry, fish, and sheep). Lastly, by geography, the market can be divided into North America (US, Canada, Mexico), Europe (France, Italy, Germany, Spain, Sweden, Rest of Europe), and Asia-Pacific (China, Japan, India, Rest of Asia-Pacific).

Some of the key players in the market are:

  • Bayer Healthcare
  • Boehringer Ingelheim
  • Ceva Animal Health, Inc.
  • Elanco
  • Merck
  • Merial (Animal Health Division of Sanofi)

Key Deliverables in the Study

  • Market analysis for the veterinary parasiticides market, with region specific assessments and competition analysis on the global and regional scale.
  • Market definition along with the identification of key drivers and restraints.
  • Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
  • Extensively researched competitive landscape section with profiles of major companies along with their market share.
  • Identification and analysis of the macro and micro factors that affect the veterinary parasiticides market on both global and regional scale.
  • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
  • A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
  • Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped.
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