DUBLIN, IRELAND -- (Marketwired) -- 08/01/14 -- Research and Markets (http://www.researchandmarkets.com/research/xsx4d5/animal) has announced the addition of the "Animal Parasiticides Market by Product & Animal - Global Forecast to 2018" report to their offering.
The market is expected to grow at a CAGR of 5.4% from 2013 to 2018 to reach $8.4 billion by 2018
In this report, the global animal parasiticides market is broadly segmented by product type, animal type, and geography. By product type, the animal parasiticides are classified into three major segments, namely, endoparasiticides, ectoparasiticides, and endectocides. These product segments are further sub-segmented depending on the formulation type. The endoparasiticides are classified into feed additives, injectables, oral liquids, tablets (oral solids), and other.
The overall growth in the animal parasiticides market is largely driven by rising concerns regarding zoonotic diseases; an upsurge in the investment from government organizations, non-government agencies, and leading market players; increasing demand for animal protein and animal-based food, especially in the emerging markets in APAC and Latin American region; implementation of animal welfare acts in developed countries; availability of new broad spectrum parasiticides product offerings from leading players; and an upsurge in the adoption of pet animals. However, stringent regulations for registration and approval of animal parasiticides, restrictions on the use of parasiticides in food producing animals, expensive and time consuming R&D activities to develop a new product, restriction on the use of specific parasiticides in certain countries, emerging species of parasites with resistance to existing parasiticidal agents restrict the growth of the market to a certain extent.
Veterinary pharmaceuticals including parasiticides have transformed the health of companion and livestock animals across the globe in the past two decades. Today, the spectrum of parasiticides for the veterinary applications continues to expand with variety of ectoparasiticides, endoparasiticides, and endectocides being launched every year. The innovations are leading to emergence of novel parasiticide delivery systems as well. Protection of animals from parasitic infestations has also gained greater importance in animal parasiticides market over the years.
Scope
Product
-- Endoparasiticides -- Ectoparasiticides -- Endectocides -- Oral Liquids -- Tablets -- Injectables -- Sprays -- Pour On -- Spot On -- Collars -- Ear Tags
Animal
-- Dogs -- Cats -- Cattle -- Pigs -- Sheep -- Goats
Key Topics Covered:
1 Introduction
2 Executive Summary
3 Market Overview
4 Global Animal Parasiticides Market, By Product Type
5 Global Animal Parasiticides Market, By Type Of Animal
6 Geographic Analysis
7 Competitive Landscape
8 Company Profiles
-- Bayer Ag -- Boehringer Ingelheim -- Ceva Sante Animale -- Eli Lilly And Company -- Merck & Co., Inc. -- Novartis Ag -- Sanofi -- Vetoquinol -- Virbac Sa -- Zoetis, Inc.
For more information visit http://www.researchandmarkets.com/research/xsx4d5/animal
Sector: Animal Healthcare/Veterinary
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