Anti-worm Medication Market was valued at USD 5.2 Billion in 2022 and is projected to reach USD 8.3 Billion by 2030, growing at a CAGR of 6.9% from 2024 to 2030.
The global anti-worm medication market was valued at approximately USD 2.5 billion in 2022, with a compound annual growth rate (CAGR) of 6.8% from 2023 to 2028. The market's growth is driven by increasing incidences of parasitic infections and the rising awareness of preventive healthcare measures. In 2022, the market saw significant contributions from both developed and emerging regions, with notable growth in the Asia-Pacific region due to heightened healthcare initiatives and improved access to medications. The rising prevalence of worm infestations in developing countries and the growing adoption of preventive deworming programs have been key factors contributing to market expansion.
Opportunity analysis reveals substantial growth potential in emerging markets, particularly in regions with high parasitic infection rates such as Africa and South Asia. Increasing government initiatives and health programs aimed at combating parasitic diseases are expected to drive demand for anti-worm medications in these areas. Furthermore, advancements in drug formulations and the development of new, effective treatments offer opportunities for market players to tap into unmet needs. The ongoing research and development efforts focused on enhancing drug efficacy and reducing side effects are likely to bolster market growth and create new avenues for investment in the anti-worm medication sector.
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Bayer
Boehringer Ingelheim
Zoetis
Dechra
Chanelle Group
Merck Animal Health
Elanco
Virbac
Vetoquinol
GlaxoSmithKline
Huazhong Pharmaceutical
Jiangsu Qihui
Sequent Scientific
K.A. Malle Pharmaceuticals
Lasa Supergenerics Limited
Zhongjia Pharmaceutical
Fredun Pharmaceuticals Ltd
Supharma Chem
Salius Pharma
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. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. 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 Anti-worm Medication Market
Human
Veterinary
Based on Types the Market is categorized into Below types that held the largest Anti-worm Medication market share In 2023.
Albenza
Vermox
Global (United States, Global 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 Anti-worm Medication 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 Anti-worm Medication Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Anti-worm Medication Market, By Type
6. Global Anti-worm Medication Market, By Application
7. Global Anti-worm Medication Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Anti-worm Medication Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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