Animal Parasiticides Market Capacity, Production Status and Outlook 2018-2025

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Dogs, cats, rabbits, and horses are some of the popular mammals domesticated for a human environment. These pets are vulnerable to parasites which result in their malnourished growth. Increasing government initiatives coupled with animal welfare societies have been educating the pet guardians regarding veterinary health care. Moreover, some parasites are a threat to the life of humans as well. Increasing consumption of milk and milk products have resulted in propelling the parasiticides demand. These products have helped in raising the milk yield and maintaining the health of cattle. Further, these substances have been known to improve the quality of milk. Parasites are capable of quickly spreading among the entire cattle livestock and therefore it becomes necessary to take immediate remedies for its prevention and treatment. Growing meat industry is another factor driving the overall growth of these parasiticides market. Modern techniques used in animal husbandry in order to obtain high-quality meat I expected to fuel the market over the forecast period. Government regulations with respect to cattle breeding for meat production are anticipated to further offer bright prospects for the industry growth. Increasing consumer demand for high nutrient meat has resulted in eradication of these parasites which are known to reduce the nutrient content. Further, increasing awareness associated with meat safety for human consumption has resulted in the implementation of parasiticides treatment in animal husbandry. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/animal-parasiticides-market The resistance offered by parasites over the period of time is the biggest challenge faced by the manufacturers. Going by the Darwin’s theory of evolution, parasites have shown resistance to chemicals which once upon a time were quite effective. Human health effects associated with this chemical usage is expected to pull the market down over the forecast period. Exposure to these products is known to cause irritation and breathing problems. Increasing government initiatives to prevent the extinction of certain species of animals provide bright opportunities for the industry growth in near future. Establishment of wildlife sanctuaries has significantly contributed to the tourism industry which in turn has demanded proper nurturing of animals. Development of veterinary science for wildlife is expected to provide new horizons for the industry growth in near future. Some parasites are known to be disease carriers which result in large scale epidemic.
Controlling cattle disease has been a major challenge for the animal breeding industry. These diseases have severely affected the poultry industry. Usage of parasiticides in an attempt to prevent the spread of diseases is anticipated to provide good opportunities in near future. People for the ethical treatment of animals (PETA) is a non-profit animal right organization with its headquarters in the U.S. It gives best practices for maintaining domesticated animal health. Similar initiatives promoting health is expected to provide bright opportunities over the forecast period. Segmentation is done based on their application which include companion pets, food producing cattle and wildlife animals. Segmentation based on the product type include endectocides, endo parasiticides, ectoparasiticides. Europe dominates the demand and the trend is expected to continue on account high cattle breeding industry. Countries including France, Germany, Ireland, Italy, and Spain are the major nations in animal husbandry. Regional demand is followed by North America mostly on account of pet adoption. It is being observed that there has been increasing number of dogs and cats adopted as cats in the U.S. Asia-Pacific is expected to witness a steady growth mainly on account of meat consumption. Emerging economies including India, China, and South Korea are expected to witness a high growth owing to the increasing consumption of milk and meat. South America and Africa is expected to witness a slow growth mainly on account of lack of awareness of the farmers and insufficient government initiatives. See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/pharmaceuticals Market Segment: Global Animal Parasiticides market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including • Bayer AG (Germany) • Zoetis (U.S.) • Sanofi (France)
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Animal Parasiticides Market Capacity, Production Status and Outlook 2018-2025

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