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The veterinary parasiticides market is forecasted to achieve high growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 4%, as per The Business Research Company’s market report!

Read More On The Veterinary Parasiticides Market Report 2022 – https://www.thebusinessresearchcompany.com/report/veterinary-parasiticides-global-market-report

The Veterinary Parasiticides Market Size In 2022 And Forecast

The global veterinary parasiticides market is expected to grow from $2.48 billion in 2021 to $2.69 billion in 2022 at a compound annual growth rate (CAGR) of 8.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The global veterinary parasiticides market size is expected to grow to $3.25 billion in 2026 at a CAGR of 4.8%.

The veterinary parasiticides market consists of sales of veterinary parasiticides and related services which are used in the treatment of parasitic diseases in livestock, pets, and other animals.

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The Necessity To Curb Rising Infections In Animals Is Driving The Growth Of The Veterinary Parasiticides Market

According to the FDA, in 2020, about 128,000 hospitalizations and 3,000 deaths were reported in America due to foodborne illness. The necessity to curb these infections in animals drives the market for veterinary parasiticides.

Competitive Landscape And The Regional Analysis Of The Veterinary Parasiticides Market

Major players in the veterinary parasiticides market are Bayer AG, Zoetis, Boehringer Ingelheim, Merck, Eli Lilly and Company, Virbac, Ceva Animal Health, Inc., Merial, Perrigo Company, and Vetoquinol, and Intas Pharmaceuticals Ltd.

Additionally, as per TBRC’s research – North America was the largest region in the veterinary parasiticides market in 2021 holding the largest market share.

The Veterinary Parasiticides Global Market Report 2022  covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the veterinary parasiticides market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the veterinary parasiticides market.

Using Chewable Tablets – A Key Trend In The Veterinary Parasiticides Market

Chewable tablets are being used to prevent animals from being affected by ticks, worms, fleas, and others. Treatments with these tablets are easier to administer. The chewable tablets are available in either a beef-flavored tablet or soft chew.

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

Here Are Some Reports Related To The Veterinary Parasiticides Market –

Companion Animal Veterinary Vaccines Global Market Report 202

Veterinary Disposables Global Market Report 2022

Animal Hospitals And Veterinary Clinics Global Market Report 2022

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