The Europe Livestock Parasiticides Market would witness market growth of 5.2% CAGR during the forecast period (2023-2029).
The expanding number of companion animals, the need for animal food products, the population expansion of livestock animals, and the rising costs associated with livestock care in developing nations all point to a market for livestock parasiticides that will experience rapid growth. Numerous authorities have set strict guidelines for the approval of livestock parasiticides to ensure that they are of sufficient quality and effectiveness and do not have any negative impact on the health of the animals. Medicine used for veterinary reasons is approved by major regulatory organizations, including the European Medical Agency.
With an annual production of over 13.4 million tons of meat products, the European Union ranks among the world's top producers of poultry meat. For the purpose of enhancing product quality, safeguarding consumers, and ensuring uniformity across the EU market, the EU sets marketing standards for chicken. In addition, there is a lot of livestock in the EU. Additionally, the region has a very high level of dairy product consumption.
The increased use of dairy products in the supplement results from consumers' growing concerns about their health and fitness, which are fueled by an increase in sports engagement. The biggest whey protein users in the EU are Germany and Poland, and more and more people are focused on amino acid products, high-protein powders, high-protein ready-to-drink beverages, and high-protein bars that contain dairy ingredients. Since the region's demand for and production of dairy products is growing along with its sizeable animal population, the livestock parasiticides market is estimated to witness growth in the near future.
The Germany market dominated the Europe Livestock Parasiticides Market by Country in 2022; thereby, achieving a market value of $264.1 Million by 2029. The UK market is poised to grow at a CAGR of 4.4% during (2023 - 2029). Additionally, The France market would exhibit a CAGR of 6% during (2023 - 2029).
Based on Type, the market is segmented into Ectoparasiticides, Endoparasiticides and Endectocides. Based on End User, the market is segmented into Veterinary Clinics & Hospitals and Animal Farms. Based on Livestock, the market is segmented into Cattle, Poultry, Sheep & Goats and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Livestock Parasiticides Market is Projected to reach USD 3.9 Billion by 2029, at a CAGR of 5.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Boehringer Ingelheim International GmbH, Elanco Animal Health, Inc., Virbac, Zoetis, Inc., PetIQ, Inc., Merck & Co., Inc., Vetoquinol SA, Norbrook Laboratories Limited, Bimeda, Inc., and Ceva Santé Animale.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Ectoparasiticides
- Endoparasiticides
- Endectocides
By End User
- Veterinary Clinics & Hospitals
- Animal Farms
By Livestock
- Cattle
- Poultry
- Sheep & Goats
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Boehringer Ingelheim International GmbH
- Elanco Animal Health, Inc.
- Virbac
- Zoetis, Inc.
- PetIQ, Inc.
- Merck & Co., Inc.
- Vetoquinol SA
- Norbrook Laboratories Limited
- Bimeda, Inc.
- Ceva Santé Animale
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Livestock Parasiticides Market, by Type
1.4.2 Europe Livestock Parasiticides Market, by End User
1.4.3 Europe Livestock Parasiticides Market, by Livestock
1.4.4 Europe Livestock Parasiticides Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Europe Livestock Parasiticides Market by Type
3.1 Europe Ectoparasiticides Market by Country
3.2 Europe Endoparasiticides Market by Country
3.3 Europe Endectocides Market by Country
Chapter 4. Europe Livestock Parasiticides Market by End User
4.1 Europe Veterinary Clinics & Hospitals Market by Country
4.2 Europe Animal Farms Market by Country
Chapter 5. Europe Livestock Parasiticides Market by Livestock
5.1 Europe Cattle Market by Country
5.2 Europe Poultry Market by Country
5.3 Europe Sheep & Goats Market by Country
5.4 Europe Others Market by Country
Chapter 6. Europe Livestock Parasiticides Market by Country
6.1 Germany Livestock Parasiticides Market
6.1.1 Germany Livestock Parasiticides Market by Type
6.1.2 Germany Livestock Parasiticides Market by End User
6.1.3 Germany Livestock Parasiticides Market by Livestock
6.2 UK Livestock Parasiticides Market
6.2.1 UK Livestock Parasiticides Market by Type
6.2.2 UK Livestock Parasiticides Market by End User
6.2.3 UK Livestock Parasiticides Market by Livestock
6.3 France Livestock Parasiticides Market
6.3.1 France Livestock Parasiticides Market by Type
6.3.2 France Livestock Parasiticides Market by End User
6.3.3 France Livestock Parasiticides Market by Livestock
6.4 Russia Livestock Parasiticides Market
6.4.1 Russia Livestock Parasiticides Market by Type
6.4.2 Russia Livestock Parasiticides Market by End User
6.4.3 Russia Livestock Parasiticides Market by Livestock
6.5 Spain Livestock Parasiticides Market
6.5.1 Spain Livestock Parasiticides Market by Type
6.5.2 Spain Livestock Parasiticides Market by End User
6.5.3 Spain Livestock Parasiticides Market by Livestock
6.6 Italy Livestock Parasiticides Market
6.6.1 Italy Livestock Parasiticides Market by Type
6.6.2 Italy Livestock Parasiticides Market by End User
6.6.3 Italy Livestock Parasiticides Market by Livestock
6.7 Rest of Europe Livestock Parasiticides Market
6.7.1 Rest of Europe Livestock Parasiticides Market by Type
6.7.2 Rest of Europe Livestock Parasiticides Market by End User
6.7.3 Rest of Europe Livestock Parasiticides Market by Livestock
Chapter 7. Company Profiles
7.1 Boehringer Ingelheim International Gmbh
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional & Segmental Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.2 Elanco Animal Health, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Acquisition and Mergers:
7.3 Virbac
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Regional Analysis
7.3.4 Recent strategies and developments:
7.3.4.1 Product Launches and Product Expansions:
7.4 Zoetis, Inc.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Acquisition and Mergers:
7.5 PetIQ, Inc.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.6 Merck & Co., Inc.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.7 Vetoquinol SA (Soparfin SCA)
7.7.1 Company Overview
7.7.2 Financial Analysis
7.8 Norbrook Laboratories Limited
7.8.1 Company Overview
7.8.2 Recent strategies and developments:
7.8.2.1 Product Launches and Product Expansions:
7.9 Bimeda, Inc.
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Product Launches and Product Expansions:
7.10. Ceva Santé Animale
7.10.1 Company Overview
TABLE 1 Europe Livestock Parasiticides Market, 2019 - 2022, USD Million
TABLE 2 Europe Livestock Parasiticides Market, 2023 - 2029, USD Million
TABLE 3 Europe Livestock Parasiticides Market by Type, 2019 - 2022, USD Million
TABLE 4 Europe Livestock Parasiticides Market by Type, 2023 - 2029, USD Million
TABLE 5 Europe Ectoparasiticides Market by Country, 2019 - 2022, USD Million
TABLE 6 Europe Ectoparasiticides Market by Country, 2023 - 2029, USD Million
TABLE 7 Europe Endoparasiticides Market by Country, 2019 - 2022, USD Million
TABLE 8 Europe Endoparasiticides Market by Country, 2023 - 2029, USD Million
TABLE 9 Europe Endectocides Market by Country, 2019 - 2022, USD Million
TABLE 10 Europe Endectocides Market by Country, 2023 - 2029, USD Million
TABLE 11 Europe Livestock Parasiticides Market by End User, 2019 - 2022, USD Million
TABLE 12 Europe Livestock Parasiticides Market by End User, 2023 - 2029, USD Million
TABLE 13 Europe Veterinary Clinics & Hospitals Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Veterinary Clinics & Hospitals Market by Country, 2023 - 2029, USD Million
TABLE 15 Europe Animal Farms Market by Country, 2019 - 2022, USD Million
TABLE 16 Europe Animal Farms Market by Country, 2023 - 2029, USD Million
TABLE 17 Europe Livestock Parasiticides Market by Livestock, 2019 - 2022, USD Million
TABLE 18 Europe Livestock Parasiticides Market by Livestock, 2023 - 2029, USD Million
TABLE 19 Europe Cattle Market by Country, 2019 - 2022, USD Million
TABLE 20 Europe Cattle Market by Country, 2023 - 2029, USD Million
TABLE 21 Europe Poultry Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe Poultry Market by Country, 2023 - 2029, USD Million
TABLE 23 Europe Sheep & Goats Market by Country, 2019 - 2022, USD Million
TABLE 24 Europe Sheep & Goats Market by Country, 2023 - 2029, USD Million
TABLE 25 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 26 Europe Others Market by Country, 2023 - 2029, USD Million
TABLE 27 Europe Livestock Parasiticides Market by Country, 2019 - 2022, USD Million
TABLE 28 Europe Livestock Parasiticides Market by Country, 2023 - 2029, USD Million
TABLE 29 Germany Livestock Parasiticides Market, 2019 - 2022, USD Million
TABLE 30 Germany Livestock Parasiticides Market, 2023 - 2029, USD Million
TABLE 31 Germany Livestock Parasiticides Market by Type, 2019 - 2022, USD Million
TABLE 32 Germany Livestock Parasiticides Market by Type, 2023 - 2029, USD Million
TABLE 33 Germany Livestock Parasiticides Market by End User, 2019 - 2022, USD Million
TABLE 34 Germany Livestock Parasiticides Market by End User, 2023 - 2029, USD Million
TABLE 35 Germany Livestock Parasiticides Market by Livestock, 2019 - 2022, USD Million
TABLE 36 Germany Livestock Parasiticides Market by Livestock, 2023 - 2029, USD Million
TABLE 37 UK Livestock Parasiticides Market, 2019 - 2022, USD Million
TABLE 38 UK Livestock Parasiticides Market, 2023 - 2029, USD Million
TABLE 39 UK Livestock Parasiticides Market by Type, 2019 - 2022, USD Million
TABLE 40 UK Livestock Parasiticides Market by Type, 2023 - 2029, USD Million
TABLE 41 UK Livestock Parasiticides Market by End User, 2019 - 2022, USD Million
TABLE 42 UK Livestock Parasiticides Market by End User, 2023 - 2029, USD Million
TABLE 43 UK Livestock Parasiticides Market by Livestock, 2019 - 2022, USD Million
TABLE 44 UK Livestock Parasiticides Market by Livestock, 2023 - 2029, USD Million
TABLE 45 France Livestock Parasiticides Market, 2019 - 2022, USD Million
TABLE 46 France Livestock Parasiticides Market, 2023 - 2029, USD Million
TABLE 47 France Livestock Parasiticides Market by Type, 2019 - 2022, USD Million
TABLE 48 France Livestock Parasiticides Market by Type, 2023 - 2029, USD Million
TABLE 49 France Livestock Parasiticides Market by End User, 2019 - 2022, USD Million
TABLE 50 France Livestock Parasiticides Market by End User, 2023 - 2029, USD Million
TABLE 51 France Livestock Parasiticides Market by Livestock, 2019 - 2022, USD Million
TABLE 52 France Livestock Parasiticides Market by Livestock, 2023 - 2029, USD Million
TABLE 53 Russia Livestock Parasiticides Market, 2019 - 2022, USD Million
TABLE 54 Russia Livestock Parasiticides Market, 2023 - 2029, USD Million
TABLE 55 Russia Livestock Parasiticides Market by Type, 2019 - 2022, USD Million
TABLE 56 Russia Livestock Parasiticides Market by Type, 2023 - 2029, USD Million
TABLE 57 Russia Livestock Parasiticides Market by End User, 2019 - 2022, USD Million
TABLE 58 Russia Livestock Parasiticides Market by End User, 2023 - 2029, USD Million
TABLE 59 Russia Livestock Parasiticides Market by Livestock, 2019 - 2022, USD Million
TABLE 60 Russia Livestock Parasiticides Market by Livestock, 2023 - 2029, USD Million
TABLE 61 Spain Livestock Parasiticides Market, 2019 - 2022, USD Million
TABLE 62 Spain Livestock Parasiticides Market, 2023 - 2029, USD Million
TABLE 63 Spain Livestock Parasiticides Market by Type, 2019 - 2022, USD Million
TABLE 64 Spain Livestock Parasiticides Market by Type, 2023 - 2029, USD Million
TABLE 65 Spain Livestock Parasiticides Market by End User, 2019 - 2022, USD Million
TABLE 66 Spain Livestock Parasiticides Market by End User, 2023 - 2029, USD Million
TABLE 67 Spain Livestock Parasiticides Market by Livestock, 2019 - 2022, USD Million
TABLE 68 Spain Livestock Parasiticides Market by Livestock, 2023 - 2029, USD Million
TABLE 69 Italy Livestock Parasiticides Market, 2019 - 2022, USD Million
TABLE 70 Italy Livestock Parasiticides Market, 2023 - 2029, USD Million
TABLE 71 Italy Livestock Parasiticides Market by Type, 2019 - 2022, USD Million
TABLE 72 Italy Livestock Parasiticides Market by Type, 2023 - 2029, USD Million
TABLE 73 Italy Livestock Parasiticides Market by End User, 2019 - 2022, USD Million
TABLE 74 Italy Livestock Parasiticides Market by End User, 2023 - 2029, USD Million
TABLE 75 Italy Livestock Parasiticides Market by Livestock, 2019 - 2022, USD Million
TABLE 76 Italy Livestock Parasiticides Market by Livestock, 2023 - 2029, USD Million
TABLE 77 Rest of Europe Livestock Parasiticides Market, 2019 - 2022, USD Million
TABLE 78 Rest of Europe Livestock Parasiticides Market, 2023 - 2029, USD Million
TABLE 79 Rest of Europe Livestock Parasiticides Market by Type, 2019 - 2022, USD Million
TABLE 80 Rest of Europe Livestock Parasiticides Market by Type, 2023 - 2029, USD Million
TABLE 81 Rest of Europe Livestock Parasiticides Market by End User, 2019 - 2022, USD Million
TABLE 82 Rest of Europe Livestock Parasiticides Market by End User, 2023 - 2029, USD Million
TABLE 83 Rest of Europe Livestock Parasiticides Market by Livestock, 2019 - 2022, USD Million
TABLE 84 Rest of Europe Livestock Parasiticides Market by Livestock, 2023 - 2029, USD Million
TABLE 85 Key Information – Boehringer Ingelheim International GmbH
TABLE 86 Key information – Elanco Animal Health, Inc.
TABLE 87 Key Information – Virbac
TABLE 88 Key Information – Zoetis, Inc.
TABLE 89 Key Information – PetIQ, Inc.
TABLE 90 KEY INFORMATION - Merck & Co., Inc.
TABLE 91 Key Information – Vetoquinol SA
TABLE 92 Key Information – Norbrook Laboratories Limited
TABLE 93 Key Information – Bimeda, Inc.
TABLE 94 Key Information – Ceva Santé Animale
List of Figures
FIG 1 Methodology for the research