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Global Pet de wormer Industry Market Dynamics & Strategic Insights 2021-2030
Generally, deworming is important for the pet's health and fitness. Deworming is the giving of an anthelmintic drug to a human or animal to free them of helminths parasites, such as hookworms, whipworms, flukes, roundworm, and tapeworm. Pets have a regular habit of chewing, licking, slurping anything that comes in their way including trash, dirt, etc. which makes them ideal hosts for parasites and worms. All these things that they take in their mouth can also most likely be passed to their companions or humans as well which can be dangerous. Having worms is one of the 5 most common pet health problems.
Global Pet Dewormers Market іѕ ѕеgmеntеd on the bаѕіѕ оf Type (Topical, and Oral), Application (Dogs, Cats, and Others), and region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
The Global Pet Dewormers Market wаѕ vаluеd аt UЅ$ 23,896.6 Мn іn 2020 іѕ рrојесtеd tо іnсrеаѕе ѕіgnіfісаntlу аt а САGR оf 5.6% frоm 2021 tо 2030.
The report on Global Pet Dewormers Market which оffеrѕ іn-dерth аnаlуѕіѕ оn mаrkеt drіvеrѕ, rеѕtrаіntѕ, орроrtunіtіеѕ, trеndѕ, and other important information regarding the Global Pet Dewormers Market. This rероrt іnсludеs quаlіtаtіvе іnfоrmаtіоn and quаntіtаtіvе аnаlуѕіѕ оf vаrіоuѕ ѕеgmеntѕ іn tеrmѕ оf mаrkеt ѕhаrе, grоwth, орроrtunіtу аnаlуѕіѕ, mаrkеt value, еtс. fоr thе fоrесаѕt уеаrѕ. The report offers detailed information regarding the various key players operating in the Global Pet Dewormers market, their financials, key developments, supply chain trends, technological innovations, apart from future strategies, acquisitions & mergers, market footprint, and COVID-19 Analysis. This report is based on analysis, synthesis, and interpretation of the information gathered regarding the Global Pet Dewormers Market from various sources. We analyzed the data and information and gained insights using primary and secondary research efforts with the primary objective to provide a holistic view of the Global Pet Dewormers Market.
Market Dynamics:
The rising demand for animal based-food products is one of the factors is expected to driving the growth of the global pet dewormers market. Additionally, increasing demand for livestock foods, and simultaneously raising awareness about its adverse effects is another factor projected to drive the growth of the global market. Hence, increasing awareness among producers and farmers about hygiene and are focusing on the prevention of parasitic diseases in livestock animals is another factor expected to drive the growth of the global pet dewormers market. Increasing demand for dewormers due to cost-effectiveness, easy to control, and safe to use is a factor projected to drive the growth of the target market. Increasing use of chemical as dewormers have undergone various evaluations and testing to get approval from the FDA factors are expected to contribute to the robust growth of the market.
However, over-dosage of deworming drugs is anticipated to hamper the demand of the global pet dewormers market during the forecast period.
Segmental Analysis:
Among the type segment, the oral segment is accounted for a major revenue share in the global pet dewormers market, due to its easy administration and can be directly added to the feed products to give an effective dose to the animal.
Among the application segments, the dog segment accounted for the maximum number of revenue shares of the global pet dewormers market over the forecast period, due to the higher number of dog pets adopted by individuals.
Regional Analysis:
The Asia Pacific pet dewormers market is expected to account for the major share of the market and is estimated to maintain its dominance over the forecast period. Rising awareness among farmers regarding the health of livestock animals and the innovation of drugs is further fueling its demand. The presence of a large number of manufacturers in the region is expected to fuel market growth. North America and Europe market account for significant revenue share in the global pet dewormers market followed by markets in Latin America and the Middle East & Africa respectively. The market in Europe is projected to register the fastest growth in terms of revenue, owing to government regulation related to animal health in this region.
Global Pet Dewormers Market Segmentation:
Segmentation by Type:
• Topical
• Oral
Segmentation by Application:
• Dogs
• Cats
• Others
Segmentation by region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Players:
Pfizer (Zoetis)
PetIQ (Sentry, Petarmor)
Elanco Animal Health
Bayer HealthCare Animal Health
Spectrum Brands (ProSense)
Boehringer Ingelheim Vetmedica
Ramical
Merck
Beaphar
Durvet
Global Pet Dewormers Market іѕ ѕеgmеntеd on the bаѕіѕ оf Type (Topical, and Oral), Application (Dogs, Cats, and Others), and region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
The Global Pet Dewormers Market wаѕ vаluеd аt UЅ$ 23,896.6 Мn іn 2020 іѕ рrојесtеd tо іnсrеаѕе ѕіgnіfісаntlу аt а САGR оf 5.6% frоm 2021 tо 2030.
The report on Global Pet Dewormers Market which оffеrѕ іn-dерth аnаlуѕіѕ оn mаrkеt drіvеrѕ, rеѕtrаіntѕ, орроrtunіtіеѕ, trеndѕ, and other important information regarding the Global Pet Dewormers Market. This rероrt іnсludеs quаlіtаtіvе іnfоrmаtіоn and quаntіtаtіvе аnаlуѕіѕ оf vаrіоuѕ ѕеgmеntѕ іn tеrmѕ оf mаrkеt ѕhаrе, grоwth, орроrtunіtу аnаlуѕіѕ, mаrkеt value, еtс. fоr thе fоrесаѕt уеаrѕ. The report offers detailed information regarding the various key players operating in the Global Pet Dewormers market, their financials, key developments, supply chain trends, technological innovations, apart from future strategies, acquisitions & mergers, market footprint, and COVID-19 Analysis. This report is based on analysis, synthesis, and interpretation of the information gathered regarding the Global Pet Dewormers Market from various sources. We analyzed the data and information and gained insights using primary and secondary research efforts with the primary objective to provide a holistic view of the Global Pet Dewormers Market.
Market Dynamics:
The rising demand for animal based-food products is one of the factors is expected to driving the growth of the global pet dewormers market. Additionally, increasing demand for livestock foods, and simultaneously raising awareness about its adverse effects is another factor projected to drive the growth of the global market. Hence, increasing awareness among producers and farmers about hygiene and are focusing on the prevention of parasitic diseases in livestock animals is another factor expected to drive the growth of the global pet dewormers market. Increasing demand for dewormers due to cost-effectiveness, easy to control, and safe to use is a factor projected to drive the growth of the target market. Increasing use of chemical as dewormers have undergone various evaluations and testing to get approval from the FDA factors are expected to contribute to the robust growth of the market.
However, over-dosage of deworming drugs is anticipated to hamper the demand of the global pet dewormers market during the forecast period.
Segmental Analysis:
Among the type segment, the oral segment is accounted for a major revenue share in the global pet dewormers market, due to its easy administration and can be directly added to the feed products to give an effective dose to the animal.
Among the application segments, the dog segment accounted for the maximum number of revenue shares of the global pet dewormers market over the forecast period, due to the higher number of dog pets adopted by individuals.
Regional Analysis:
The Asia Pacific pet dewormers market is expected to account for the major share of the market and is estimated to maintain its dominance over the forecast period. Rising awareness among farmers regarding the health of livestock animals and the innovation of drugs is further fueling its demand. The presence of a large number of manufacturers in the region is expected to fuel market growth. North America and Europe market account for significant revenue share in the global pet dewormers market followed by markets in Latin America and the Middle East & Africa respectively. The market in Europe is projected to register the fastest growth in terms of revenue, owing to government regulation related to animal health in this region.
Global Pet Dewormers Market Segmentation:
Segmentation by Type:
• Topical
• Oral
Segmentation by Application:
• Dogs
• Cats
• Others
Segmentation by region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Players:
Pfizer (Zoetis)
PetIQ (Sentry, Petarmor)
Elanco Animal Health
Bayer HealthCare Animal Health
Spectrum Brands (ProSense)
Boehringer Ingelheim Vetmedica
Ramical
Merck
Beaphar
Durvet
Scope:
| Report Data | Market |
| Forecast 2022 | XX million/billion (2022-2032) |
| CAGR 2022 - 2032 | % |
| Analysis Period | 2022 - 2032 |
| Base Year | 2021 |
| Forecast Data | 2022 - 2032 |
| Segments Covered | By Type, By Application, And by Regions |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Key Companies Profiled | . |
| Key Segments | By Type By Applications |
| Report Coverage | Market Drivers, Market Trends, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Frequently Asked Questions
What is the future market value of the ?
The current market value for is expected USD XX million/billion by 2022.
What is the CAGR of the Market?
The is to grow at a CAGR of 5.3% during the forecast by 2032.
What is the Market segment?
On the basis of type, the is segmented into Types.
Who are the key players operating in the ?
The major players operating in the are Company.
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