[199 Pages Report] The animal parasiticides market was valued at USD 6.99 billion in 2014 and is expected to grow at a CAGR of 5.7% during the forecast period of 2015 to 2020 to reach to USD 9.76 billion by 2020. The medicaments used to prevent, destroy, repel, or mitigate external or internal parasites in animals are referred as parasiticides.

Factors such as the rising demand for animal food products, increasing investments for government organizations and private players, growing concerns over zoonotic diseases, worldwide regulations for the prevention of spread of diseases, growth in the companion animals market, and increasing veterinary healthcare expenditures are expected to drive the market growth during the forecast period. The emerging markets such as Asia Pacific provide significant investment opportunities for market players to grow their animal parasiticides business.

The base year considered for the study is 2014, and the forecast has been provided for the period between 2015 and 2020.

Downoad PDF Brochure@
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=258895412

In 2013, food-producing animals accounted for nearly 79.1% of the demand for animal parasiticides products, globally. This segment will continue to lead the animal parasiticides market through 2018, mainly driven by the increasing number of farm animals and increased awareness towards the prevention of parasitic diseases in livestock animals.

Pour-ons and spot-ons are most popular and widely used application method in the ectoparasiticide administration. In the product segment, pour-ons and spot-ons accounted for the largest share of ~30% of the total animal parasiticides market in 2013. A major share of pour-ons and spot-ons can be attributed to their wider applications in both companion and food-producing animal segments. Pour-ons and Spot-ons are also regarded as the highest growth segments, and thereby it is an exciting market for animal parasiticides manufacturers to invest in.

Currently, looking at the revenue growth opportunity and benefits offered by the animal parasiticides a number of parasiticides manufacturers are eying to offer pour-on and spot-on formulations for their customers. Some of the major players offering the pour-on and spot-on formulations include Merial, (Sanofi) (France), Merck & Co., Inc. (U.S.), Bayer AG (Germany), Zoetis, Inc. (U.S.), Novartis AG (Switzerland), and Boehringer Ingelheim (Germany), among others. Currently Europe commands about 28%–30% of the pour-on and spot on animal parasiticides market.

During the forecast period, a majority of the growth in the global animal parasiticides market will largely be driven by the growing demand from the Asian-Pacific and Latin American market, especially from India, China, and Brazil. Growing awareness about animal health among animal owners, increasing per capita animal health expenditure and rising livestock population, are the major factors propelling the market growth in these regions.

Request Sample Pages@
https://www.marketsandmarkets.com/requestsampleNew.asp?id=258895412

About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Sanjay Gupta
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]