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(MoneyNewsWire.Net, January 19, 2018 ) According to the report Europe Animal Parasiticides Market, published by Market Data Forecast, the Europe market is projected to reach USD 3.08 billion by 2021, at a CAGR of 5.8% from 2016 to 2021.
Animal Parasiticides are a special class of medicines used for destroying all parasites excluding fungi and other bacteria present on animals. They are mostly non-reactive substances made up of a variety of ingredients that do not have an adverse effect on the animal on which it is used. Most of the ingredients used in making animal parasiticides have similar chemical structures and some common characteristics.
Animal parasiticides are segmented on the basis of chemical families they are based on. They are considered an integral part of the modern agriculture industry as they are important for the protection of animals from parasitic diseases. They are available in different forms such as pour-ons, sprays, dips, ear tags, tablets and collars or consumables such as edible liquids, edible solids, injectable and feed additives.
Get a comprehensive overview of the Europe Animal Parasiticides Market: https://www.marketdataforecast.com/market-reports/europe-animal-parasiticides-market-2715/
Europe Animal Parasiticides Market: Drivers & Restraints
The European Animal Parasiticides Market is expected to grow at a rapid pace mainly owing its growth to the rising expenditure on healthcare of animals and the increasing adoption of pet animals. There is also a growing concern for the meat quality as well as other animal products which has led to a boom in the animal healthcare sector. Inspite of the numerous forces acting for the growth of the market, the market growth remains hindered by several factors such as the rise in number of people turning vegan, strict regulations for approval and stringent quality standards that need to be met.
Get accurate market forecast and analysis on the Europe Animal Parasiticides Market. Request a sample to stay up-to-date on the main trends affecting this market: https://www.marketdataforecast.com/market-reports/europe-animal-parasiticides-market-2715/request-sample
Europe 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/europe-animal-parasiticides-market-2715/customize-report
Europe Animal Parasiticides Market: Overview
The growing incidence of genetic diseases in the region unravels a host of new opportunities for Animal Parasiticides and its related applications. The transformation of Animal Parasiticides from being a service-driven market to a product-driven market is anticipated to further provide a push to the diagnostic companies for the expansion of their operations in the European region.
Europe Animal Parasiticides Market: Region-wise Outlook
The Europe Animal Parasiticides market is segmented based on geography as Italy, Spain, UK, Germany and France. The region accounts for the second largest market revenue worldwide, second only to North America. The development is concentrated around the western countries of the region where technological advancements can counter the restraints of the market resulting in a well-developed market.
Key Questions Answered
• What is the current and future Animal Parasiticides market outlook in Europe? What trends are affecting the Europe market?
• What is the competitive landscape and market share of major players in the Animal Parasiticides market space in Europe?
• What are the key, high growth markets that Animal Parasiticides systems manufacturers should expand into? Which market segments are growing the fastest?
• What are the unmet needs with the Animal Parasiticides systems currently on the market? How will emerging technologies fulfil these unmet needs?
• What is physician perception and market outlook of Animal Parasiticides?
• What are the challenges and barriers that have hindered widespread adoption of Animal Parasiticides systems?
Europe Animal Parasiticides Market: Key Players
Some of the key players influencing the Europe Animal Parasiticides market 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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