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Animal Parasiticides Market

According to this latest publication from Meticulous Researchu00ae, the animal parasiticides market is projected to reach $17.9 billion by 2030, at a CAGR of 7.3% during the forecast period 2024u20132030. The growth of this market is attributed to the increasing prevalence of zoonotic and parasitic diseases, growing demand for animal-derived food products, and rising expenditure on animal health. In addition, the increasing number of livestock in emerging economies is expected to provide significant growth opportunities for this market.<br>

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Animal Parasiticides Market

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  1. “Meticulous Research® Projects Hearing Animal Parasiticides Market to Reach $17.9 Billion by 2030” pen_spark” J

  2. Animal Parasiticides Market 2024-2030 Animal Parasiticides Market: Future Outlook and Projections According to the latest report from Meticulous Research®, the animal parasiticides market is anticipated to reach $17.9 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.3% during the 2024–2030 forecast period. This growth is driven by the rising incidence of zoonotic and parasitic diseases, increased demand for animal-derived food products, and higher spending on animal health. Moreover, the expanding livestock populations in emerging economies are expected to present significant growth opportunities for the market. Download PDF Brochure @ https://www.meticulousresearch.com/download-sample- report/cp_id=5451?utm_source=article&utm_medium=social&utm_campaign=product&u tm_content=18-09-2024 Market Challenges Despite the promising outlook, the market faces challenges. The restricted use of parasiticides in food-producing animals significantly hinders market growth. Additionally, the growing preference for vegetarian and vegan diets poses a substantial challenge. Market Segmentation and Analysis The animal parasiticides market is categorized based on product type, parasite type, animal type, and geography. This report provides a detailed analysis of market dynamics, competitors, and regional trends. •Product Type: In 2024, the ectoparasiticides segment is projected to dominate the market. This segment's prominence is attributed to the high prevalence of fleas, ticks, and mites in animals, coupled with the convenience of applying ectoparasiticides in various forms—liquids, spots, sprays, powders, collars, and ear tags. •Parasite Type: The segment for mite, tick, flea, lice, and grub infestations is expected to capture the largest market share in 2024. This is due to the widespread occurrence of ectoparasitic infections, with external parasites like fleas and ticks being prevalent due to their dependence on animals as hosts. •Animal Type: The companion animal segment is anticipated to hold the largest market share in 2024. The significant pet population globally, coupled with high expenditure on pet health, especially in the U.S. and Australia, drives this segment's growth. For instance, the U.S. pet industry expenditure was approximately USD 123.6 billion in 2021. •Geography: North America is expected to lead the market in 2024, followed by Europe and Asia-Pacific. This dominance is due to factors such as high spending on animal health, a well-established meat industry, substantial consumption and trade of animal-derived products, and a large pet population. Key Market Players Prominent players in the animal parasiticides market include: Page 1 of 2 © Meticulous Research| sales@meticulousresearch.com

  3. Animal Parasiticides Market 2024-2030 •Zoetis Inc. (U.S.) •Virbac (France) •Heska Corporation (U.S.) •Bimeda, Inc. (Ireland) •Boehringer Ingelheim International GmbH (Germany) •Merck & Co., Inc. (U.S.) •Elanco Animal Health Incorporated (U.S.) •Vetoquinol Group (France) •PetIQ, LLC (U.S.) •ECO Animal Health Ltd (U.K.) This comprehensive analysis provides insights into market dynamics, competitive landscape, and growth opportunities within the animal parasiticides industry. Read Full Report @ https://www.meticulousresearch.com/product/animal-parasiticides- market- 5451?utm_source=article&utm_medium=social&utm_campaign=product&utm_content=1 8-09-2024 About Meticulous Research® Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Contact Us: Meticulous Research® Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Page 2 of 2 © Meticulous Research| sales@meticulousresearch.com

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