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India, Bangladesh, Sri Lanka, Nepal Pet Parasiticides Market to Reach $23.94 Million by 2030: Allied Market Research

·4-min read

Rise in prevalence of parasitic diseases in dogs and cats, surge in pet dogs and cats ownership rates, and increase in investments by private players for pet parasiticides drive the growth of the India, Bangladesh, Sri Lanka, Nepal pet parasiticides market. India, Bangladesh, Sri Lanka, Nepal pet parasiticides market across India dominated in 2020, accounting for around four-fifths of the market.

Portland, OR, Jan. 25, 2022 (GLOBE NEWSWIRE) -- As per the report published by Allied Market Research, the India, Bangladesh, Sri Lanka, Nepal pet parasiticides market was pegged at $14.77 million in 2020, and is estimated to reach $23.94 million by 2030, growing at a CAGR of 4.9% from 2021 to 2030.

Rise in prevalence of parasitic diseases in dogs and cats, surge in pet dogs and cats ownership rates, and increase in investments by private players for pet parasiticides drive the growth of the India, Bangladesh, Sri Lanka, Nepal pet parasiticides market. However, strict consent process for pet parasiticides hinders the market growth. On the contrary, surge in awareness related to parasitic diseases in dogs and cats is expected to unlock new opportunities for the market players in the future.

Download Report Summary- https://www.alliedmarketresearch.com/request-sample/15259

Covid-19 scenario:

  • The Covid-19 pandemic led to lockdown across several countries, which led to shut down the manufacturing plants of pet parasiticides.

  • Moreover, the disturbance in the supply chain, financial problems, and lack of labor at manufacturing plants negatively affected the market.

  • The parasiticides manufacturing was disrupted in 2020, due to slowdown of the distribution chain of raw material.

Get detailed COVID-19 impact analysis on the India, Bangladesh, Sri Lanka, Nepal Pet Parasiticides Market- https://www.alliedmarketresearch.com/request-for-customization/15259?reqfor=covid

The report segments the India, Bangladesh, Sri Lanka, Nepal pet parasiticides market on the basis of product, animal type, end user, and geography.

Based on product, the Ectoparasiticides segment held the lion’s share in 2020, accounting for more than half of the market. In addition, the segment is projected to register the highest CAGR of 5.3% during the forecast period. The report also analyzes the segments including Endoparasiticides and Endectocides.

On the basis of animal type, the dogs segment held the largest share in 2020, contributing to more than 90% of the market. However, the segment is anticipated to manifest the highest CAGR of 6.1% from 2021 to 2030. The research also discusses the cat segment.

The India, Bangladesh, Sri Lanka, Nepal pet parasiticides market across India dominated in 2020, accounting for around four-fifths of the market. Moreover, the region is estimated to portray the highest CAGR of 5.1% during the forecast period.

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The India, Bangladesh, Sri Lanka, Nepal pet parasiticides market includes an in-depth analysis of the prime market players such as Bremer Lanka Pvt Ltd., Cadila Healthcare Ltd., C. H. Boehringer Sohn AG & Co. KG (Boehringer Ingelheim International GmbH), Elanco Animal Health Inc., Hayleys Animal Health, Lutim Pharma Private Limited, MERCK & CO., INC.(Merck Animal Health), Vetoquinol S.A., Virbac, and Zoetis Inc.

Official Press Release- https://www.alliedmarketresearch.com/press-release/india-bangladesh-sri-lanka-nepal-pet-parasiticides-market.html

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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