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According to The Business Research Company’s Veterinary Parasiticides Global Market Report 2023, the global veterinary parasiticides market is projected to expand from $12.24 billion in 2022 to $12.93 billion in 2023, exhibiting a compound annual growth rate (CAGR) of 5.6%. Further estimations indicate that the market size will reach $15.51 billion by 2027, maintaining a CAGR of 4.7%.

The term “veterinary parasiticides” pertains to a class of animal medications designed to eliminate parasites by inhibiting the activity of acetylcholinesterase. These medications are used to treat pets, livestock, and other animals, guarding them against diseases caused by helminths, amoeba, ectoparasites, parasitic fungi, protozoa, and other parasites, ultimately enhancing the animals’ overall health.

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Driving Force behind the Veterinary Parasiticides Market
Zoonotic pathogens are increasingly affecting animals, serving as the leading cause of foodborne diseases worldwide. Zoonotic diseases encompass infectious ailments caused by bacteria, viruses, and parasites, with Salmonella and Campylobacter, particularly prominent. These pathogens can be transmitted directly or indirectly between animals and humans. With these diseases passing through the food chain to humans, they pose a significant threat. Consequently, the need to prevent such diseases among animals is becoming increasingly urgent.

Trends in the Veterinary Parasiticides Market
Chewable tablets are gaining traction as preventive measures against ticks, worms, fleas, and other parasites in animals. The administration of treatments through these tablets is more convenient. These chewable tablets come in either a beef-flavored tablet or a soft chew format.

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Prominent Players and Market Regions in the Veterinary Parasiticides Market
Key players in the veterinary parasiticides market include Bayer AG, Zoetis, Boehringer Ingelheim, Merck, Eli Lilly and Company, Virbac, Ceva Animal Health, Inc., Merial, Perrigo Company, Vetoquinol, and Intas Pharmaceuticals Ltd.

In 2022, North America held the dominant position within the veterinary parasiticides market.

Veterinary Parasiticides Market Segmentation By The Business Research Company
1) By Type: Endoparasiticides, Ectoparasiticides, Endectocides
2) By End Users: R&D Facilities, Farms, Veterinary Clinics
3) By Product: Oral Liquids, Tablets, Injectables, Sprays, Other Products
4) By Application: Farm Animals, Companion Animals

The Table Of Content For The Veterinary Parasiticides Market Include:
1. Veterinary Parasiticides Market Executive Summary
2. Veterinary Parasiticides Market Segments
3. Veterinary Parasiticides Market Size And Veterinary Parasiticides Market Growth Rate
4. Key Veterinary Parasiticides Market Trends
5. Major Veterinary Parasiticides Market Drivers
……
25. Key Mergers And Acquisitions In The Veterinary Parasiticides Market
26. Top Veterinary Parasiticides Companies
27. Veterinary Parasiticides Market Opportunities And Strategies
28. Veterinary Parasiticides Market, Conclusions And Recommendations
29. Appendix

The comprehensive Veterinary Parasiticides Market Global Market Report 2023 provides insights into key drivers, opportunities, and strategies across the seven major regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The report presents market size and forecast market shares for all regions and countries, considering the leading players in the veterinary parasiticides market.

View More Reports Related To The Market –
Veterinary Healthcare Global Market Report 2023
Veterinary Anesthesia Equipment Global Market Report 2023
Veterinary Pharmaceuticals Global Market Report 2023

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