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Get more details @ http://bit.ly/2ypybGY <br>Globally active top 10 animal parasiticides companies hold nearly 70% share of the total market. Competition on basis of product differentiation, pricing and geographical presence is seen amongst the top players.
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Animal Parasiticides Market to reach $6.5bn by 2024: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024
Key Insights from Animal Parasiticides Market : • The competitive hierarchy of animal parasiticides market recently witnessed one of the most lucrative partnerships of the year, as Merial signed an alliance with the German pharmaceutical company, Boehringer Ingelheim. • Considering the huge demand for parasiticides and pet products, it has been observed that many other companies have also been attempting to ramp up their product portfolio. • Recently, Elanco Companion Animal Health launched a massive product range of parasiticides, designed for preventing heartworm disease, whipworm infection, and flea infestations in puppies and dogs. • Regulatory bodies such as the U.S. Food and Drugs Administration (FDA), it has been observed, are also taking initiatives to promote the manufacturing of eco-friendly products. • Driven by a stringent regulatory framework and the early adoption of neoteric products, North America animal parasiticides market is expected to chart out a lucrative growth path in the ensuing years.
Continued... • In fact, as per the estimates, in 2016, North America animal parasiticides industry covered 25% of the overall share, pertaining to the rise in pet population and animal farming. • In the United States, the FDA is responsible for drafting the regulations for limiting the deployment of pesticides in animal-derived products. • In addition, the U.S. Department of Agriculture has also undertaken the responsibility for regulating veterinary biologics, prominently used for supplementing and enhancing animal immune system, to enhance their safety, effectiveness, purity, and potency. • Taking into account the fierce competition prevalent in animal parasiticides market, most of the animal health companies have been inclining toward the adoption of tried-and-tested growth strategies such as M&As. • Speaking along similar lines, some of the renowned players partaking in animal parasiticides market share are Boehringer Ingelheim, Zoetis, Vetoquinol, Bayer, CEVA Santé Animale, Elanco, Perrigo Company PLC., Merck & Co., and Virbac Corporation.
U.S Animal Parasiticides Market size, by Product, 2013-2024 (USD Million)
Table of Content: Chapter 1. Methodology and Scope 1.1. Research methodology 1.1.1. Initial data exploration 1.1.2. Statistical model and forecast 1.1.3. Industry insights and validation 1.1.4. Definitions & forecast parameters 1.2. Data sources 1.2.1. Secondary 1.2.2. Primary Chapter 2. Executive Summary 2.1. Animal parasiticides market 3600 synopsis, 2013 –2024 2.1.1. Business trends 2.1.2. Product trends 2.1.3. Animal type trends 2.1.4. Regional trends
Table of Content: Chapter 3. Animal Parasiticides Industry Insights 3.1. Industry segmentation 3.2. Industry landscape, 2013 - 2024 3.3. Industry impact forces 3.3.1. Growth drivers 3.3.1.1. Growing trend of adopting pet animals 3.3.1.2. Rising prevalence of food borne and zoonotic diseases 3.3.1.3. Favorable government initiatives 3.3.1.4. Rapidly increasing demand for animal protein in human food 3.3.1.5. Unhygienic livestock farming practices causing infections 3.3.2. Industry pitfalls & challenges 3.3.2.1. Restrictions related to use of parasiticides in food animals 3.3.2.2. Lack of awareness in rural regions of developing countries
Table of Content: 3.4. Regulatory landscape 3.4.1. U.S. 3.4.2. Europe 3.4.3. Asia Pacific 3.5. Growth potential analysis 3.5.1. By Product 3.6. Porter's analysis 3.7. Competitive landscape, 2016 3.7.1. Company share analysis 3.7.2. Strategy dashboard 3.8. PESTEL analysis
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