Animal Oral Parasiticides Market size is estimated to be USD 3.14 Billion in 2024 and is expected to reach USD 4.82 Billion by 2033 at a CAGR of 5.1% from 2026 to 2033.
In 2022, the global animal oral parasiticides market was valued at approximately USD 2.358 billion and is projected to reach USD 3.368 billion by 2029, growing at a compound annual growth rate (CAGR) of 5.3% during the forecast period. North America held the largest market share, accounting for 40.3% of the global market. The regions market is expected to grow from USD 3.8794 billion to USD 6.1366 billion, driven by a well established animal health industry, increasing adoption of companion animals, and rising expenditures on animal health. Europe follows closely, with countries like Germany, France, and the United Kingdom leading in revenue generation, attributed to high awareness of animal healthcare and substantial healthcare spending for animal welfare. The Asia Pacific region is experiencing significant growth in the animal oral parasiticides market. India, for instance, accounted for over USD 280 million in market share and is expected to see substantial expansion due to the increasing number of farm animals and demand for high quality meat and animal byproducts. The Latin American market is projected to grow at the highest CAGR of 8.8%, driven by the rising adoption of pets and expanding livestock populations. In the Middle East and Africa, market growth is supported by improving veterinary healthcare services and increasing awareness about animal health. Overall, the global animal oral parasiticides market is witnessing robust growth across various regions, fueled by factors such as increased pet ownership, heightened awareness of animal health, and the rising demand for animal derived food products.
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Merial
Ceva Sante Animlae
Virbac SA
Vetoquinol S.A.
Eli Lilly and Company
Zoetis Inc.
Merck & Co Inc.
Bayer AG
Perrigo Co. Plc.
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Animal Oral Parasiticides Market
Companion Animals
Livestock
Horses
Exotic Animals
Ivermectin
Pyrantel Pamoate
Fenbendazole
Moxidectin
Selamectin
Milbemycin Oxime
Tablets
Suspensions
Powders
Oral Liquids
Chewable Forms
Veterinary Clinics
Online Retailers
Pharmacies
Pet Shops
Farm Supply Stores
Heartworms
Roundworms
Tapeworms
Fleas
Ticks
Giardia
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Animal Oral Parasiticides Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Animal Oral Parasiticides Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Animal Oral Parasiticides Market, By Type
6. Global Animal Oral Parasiticides Market, By Application
7. Global Animal Oral Parasiticides Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Animal Oral Parasiticides Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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