(PharmaNewsWire.Com, November 03, 2017 ) The Middle East and Africa Animal Parasiticides Market was worth USD 701 million in 2016 and estimated to be growing at a CAGR of 5.55%, to reach USD 916.17 million by 2021. The market shows significant growth potential in the aforementioned period. It will continue to gain momentum in future years with the gradual increase in awareness about animal health.
Animal parasiticides are the special medicines to treat animals which are infected by parasites. They are generally inert substances which are mixed together. Most ingredients of a parasiticide have same kind of chemical structures and share many features. Many a times, they are classified according to the chemical families. The animal parasiticides are considered very important for protection of animals from parasitic diseases.
Increasing amount of capital spent on the healthcare of animal as well as growing trend of adopting pet animals are the drivers for growth of Middle-East and Africa Animal Parasiticides market. Also, the increasing awareness about meat quality and other animal products has led to a lot of development in the animal healthcare sector. However, rise in the population of vegetarians and vegans as well as strict restrictions imposed on the approval of these medicines are the major challenges faced by Middle-East and Africa animal parasiticides market.
The Middle-East and Africa Animal ParasiticidesMarket[CI1] is segmented on the basis of Product into Ectoparasiticides and Endoparasiticides. The ectoparasiticides cover Pour-ons, Sprays, Dips, Ear Tags, Collars and Tablets whereas the endoparasiticides cover Edible Liquids, Edible Solids, Injectable and Feed Additives. Further on the basis of Animal type the animal parasiticides are segmented into Food-producing Animals and Companion Animals. The food-producing animals are classified into Cattle, Sheep and Goats, Pigs, Poultry and others. The Companion animals are segmented as Dogs, Cats, Horses and others.
Middle East And Africa Animal Parasiticides Market Geographical Analysis • Middle East • Africa.
Middle East And Africa Animal Parasiticides Market Leaders' Analysis • Sanofi • Ceva Sante Animale • Eli Lilly and Company • Zoetis Inc. • Merck and Co. • Bayer AG • Boehringer Ingelheim • Perrigo Company Plc
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