Parasiticide for Animal Market
Parasiticide for Animal Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Parasiticide for Animal Market Size and Growth
The Parasiticide for Animal market is experiencing robust growth, driven by increasing pet ownership and livestock farming. Valued at approximately $3 billion in 2023, the market is projected to expand at a CAGR of 5.5% over the next five years, influenced by rising awareness of animal health and innovative product developments.
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Companies Covered
(Covid 19 Impact Covered)
◍ Bayer AG
◍ Eli Lilly
◍ Ceva Sante Animlae
◍ Virbac SA
◍ Novartis AG
◍ Merck & Co.
◍ Boehringer Ingelheim
◍ Vetoquinol
◍ Zoetis
The Parasiticide for Animal Market features major players like Bayer AG, Eli Lilly, and Zoetis, focusing on innovative treatments and expanding product portfolios. Companies enhance market growth through research, strategic partnerships, and robust marketing. Notable sales figures include Zoetis with $7.8 billion and Bayer's animal health division at $1.8 billion.
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Market Segmentation
By Application
◍ Food-producing Animals
◍ Companion Animals
By Product
Ectoparasiticides ◍ Endoparasiticides
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Market Growth
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$ X Billion USD
