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(MoneyNewsWire.Net, February 05, 2018 ) According to the report Latin America Animal Parasiticides Market, published by Market Data Forecast, the market is projected to reach USD 814 million by 2021, at a CAGR of 5.5% from 2016 to 2021.
Animal parasiticides are the medicines used to treat animals who are attacked by parasites. These substances are present on the skin of animals and generally stay inert. They are formed by mixing different ingredients with each other.
Most of the ingredients which form a parasiticide are of similar structures and thus share many common characteristics in them. They are grouped depending on their chemical structure. The animal parasiticides are have a very important place in animal healthcare sector as they are responsible for protection of animals from parasitic diseases.
Get a comprehensive overview of the Animal Parasiticides Market: https://www.marketdataforecast.com/market-reports/latin-america-animal-parasiticides-market-2717/
Animal Parasiticides Market: Drivers & Restraints
Factors like gradual stabilization of economy, increasing expenditure on animal health, increasing trend of adoption of pet animals and growing awareness regarding the health of their pets among the owners are responsible for the growth of market. However, the increasing trend for vegetarian and vegan lifestyle combined with strict regulationss on animal parasiticides are some challenges faced by the Latin America animal parasiticides market.
Get accurate market forecast and analysis on the Animal Parasiticides Market. Request a sample to stay up-to-date on the main trends affecting this market: https://www.marketdataforecast.com/market-reports/latin-america-animal-parasiticides-market-2717/request-sample
Animal Parasiticides Market: Segmentation
By Product
• Ectoparasiticides
• Endoparasiticides
By Animal Type
• Food-producing animals
• Companion animals
From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization. Get customization at https://www.marketdataforecast.com/market-reports/latin-america-animal-parasiticides-market-2717/customize-report
Animal Parasiticides Market: Overview
The market shows decent amount of potential for growth during the forecasting period. It is expected to expand with the development in animal healthcare. Based on the animal type Food Producing animals occupy the major share in the market while companion animals are expected to grow at a higher CAGR due to increasing number of pet adoptions every year.
Animal Parasiticides Market: Region-wise Outlook
On the basis of geography, the Latin America market is analysed under the regions namely Brazil, Mexico and Argentina. Developing companies like Brazil and Mexico are undergoing developments in the animal healthcare sector and thus are expected to grow in future years..
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Key Questions Answered
• What is the current and future Animal Parasiticides Market outlook in Latin America? What trends are affecting the market?
• What is the competitive landscape and market share of major players in the Animal Parasiticides Market space in Latin America?
• What are the key, high growth markets that Animal Parasiticides Market manufacturers should expand into? Which market segments are growing the fastest?
• What are the unmet needs with the Animal Parasiticides currently on the market? How will emerging technologies fulfil these unmet needs?
• What is consumer perception and market outlook of Animal Parasiticides?
• What are the challenges and barriers that have hindered widespread adoption of Animal Parasiticides?
Animal Parasiticides Market: Key Players
Some of the major companies dominating the animal parasiticides market to remove the traces of foodborne diseases are Sanofi S.A. (Merial), Ceva Sante Animlae, Virbac SA, Vetoquinol S.A., Eli Lilly and Company, Zoetis Inc., Merck & Co Inc., Bayer AG, Boehringer Ingelheim GmbH and Perrigo Co. plc.
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