The Latin America, Middle East and Africa Livestock Parasiticides Market would witness market growth of 11.7% CAGR during the forecast period (2023-2029).
The market for livestock parasiticides is expanding due to the increased demand for animal healthcare products caused by the increasing number of livestock animals used for food production in emerging economies. In addition, the market for livestock parasiticides is being further stimulated by a rise in the costs associated with animal healthcare and welfare to enhance the health of livestock animals.
Foods originating from animals, such as eggs, milk, and meat, are in higher demand. The decline in agricultural output has increased the use of animal foods by depleting resources and reducing the amount of arable land available. A diet high in protein is necessary for maintaining good health, and foods made from animals are a fantastic source of protein. The consumption of animal proteins remains steady in rich nations while rising in underdeveloped nations.
Farmers are anticipated to enhance livestock production to satisfy the rising demand for animal meals. It is anticipated that as the number of livestock increases, more animal parasiticides will be employed to prevent the financial losses brought on by the detrimental effects of parasitic infections on animal health.
Animal diseases are a persistent threat to domestic pets and livestock and a significant socioeconomic obstacle to their expansion in Sub-Saharan African countries. Most livestock illnesses recognized by the World Organization for Animal Health (OIE) are found in Africa, necessitating the frequent administration of veterinary drugs. There was a total of 46 instances of unfavourable reactions in people and 74/120 instances of alleged negative effects or ineffectiveness of veterinary drugs in animals.
The Brazil market dominated the LAMEA Livestock Parasiticides Market by Country in 2022; thereby, achieving a market value of $89.9 Million by 2029. The Argentina market is estimated to witness a CAGR of 12.3% during (2023 - 2029). Additionally, The UAE market would experience a CAGR of 11.4% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Livestock Parasiticides Market, by Type
1.4.2 LAMEA Livestock Parasiticides Market, by End User
1.4.3 LAMEA Livestock Parasiticides Market, by Livestock
1.4.4 LAMEA 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. LAMEA Livestock Parasiticides Market by Type
3.1 LAMEA Ectoparasiticides Market by Country
3.2 LAMEA Endoparasiticides Market by Country
3.3 LAMEA Endectocides Market by Country
Chapter 4. LAMEA Livestock Parasiticides Market by End User
4.1 LAMEA Veterinary Clinics & Hospitals Market by Country
4.2 LAMEA Animal Farms Market by Country
Chapter 5. LAMEA Livestock Parasiticides Market by Livestock
5.1 LAMEA Cattle Market by Country
5.2 LAMEA Poultry Market by Country
5.3 LAMEA Sheep & Goats Market by Country
5.4 LAMEA Others Market by Country
Chapter 6. LAMEA Livestock Parasiticides Market by Country
6.1 Brazil Livestock Parasiticides Market
6.1.1 Brazil Livestock Parasiticides Market by Type
6.1.2 Brazil Livestock Parasiticides Market by End User
6.1.3 Brazil Livestock Parasiticides Market by Livestock
6.2 Argentina Livestock Parasiticides Market
6.2.1 Argentina Livestock Parasiticides Market by Type
6.2.2 Argentina Livestock Parasiticides Market by End User
6.2.3 Argentina Livestock Parasiticides Market by Livestock
6.3 UAE Livestock Parasiticides Market
6.3.1 UAE Livestock Parasiticides Market by Type
6.3.2 UAE Livestock Parasiticides Market by End User
6.3.3 UAE Livestock Parasiticides Market by Livestock
6.4 Saudi Arabia Livestock Parasiticides Market
6.4.1 Saudi Arabia Livestock Parasiticides Market by Type
6.4.2 Saudi Arabia Livestock Parasiticides Market by End User
6.4.3 Saudi Arabia Livestock Parasiticides Market by Livestock
6.5 South Africa Livestock Parasiticides Market
6.5.1 South Africa Livestock Parasiticides Market by Type
6.5.2 South Africa Livestock Parasiticides Market by End User
6.5.3 South Africa Livestock Parasiticides Market by Livestock
6.6 Nigeria Livestock Parasiticides Market
6.6.1 Nigeria Livestock Parasiticides Market by Type
6.6.2 Nigeria Livestock Parasiticides Market by End User
6.6.3 Nigeria Livestock Parasiticides Market by Livestock
6.7 Rest of LAMEA Livestock Parasiticides Market
6.7.1 Rest of LAMEA Livestock Parasiticides Market by Type
6.7.2 Rest of LAMEA Livestock Parasiticides Market by End User
6.7.3 Rest of LAMEA 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 LAMEA Livestock Parasiticides Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Livestock Parasiticides Market, 2023 - 2029, USD Million
TABLE 3 LAMEA Livestock Parasiticides Market by Type, 2019 - 2022, USD Million
TABLE 4 LAMEA Livestock Parasiticides Market by Type, 2023 - 2029, USD Million
TABLE 5 LAMEA Ectoparasiticides Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Ectoparasiticides Market by Country, 2023 - 2029, USD Million
TABLE 7 LAMEA Endoparasiticides Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Endoparasiticides Market by Country, 2023 - 2029, USD Million
TABLE 9 LAMEA Endectocides Market by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Endectocides Market by Country, 2023 - 2029, USD Million
TABLE 11 LAMEA Livestock Parasiticides Market by End User, 2019 - 2022, USD Million
TABLE 12 LAMEA Livestock Parasiticides Market by End User, 2023 - 2029, USD Million
TABLE 13 LAMEA Veterinary Clinics & Hospitals Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Veterinary Clinics & Hospitals Market by Country, 2023 - 2029, USD Million
TABLE 15 LAMEA Animal Farms Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Animal Farms Market by Country, 2023 - 2029, USD Million
TABLE 17 LAMEA Livestock Parasiticides Market by Livestock, 2019 - 2022, USD Million
TABLE 18 LAMEA Livestock Parasiticides Market by Livestock, 2023 - 2029, USD Million
TABLE 19 LAMEA Cattle Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Cattle Market by Country, 2023 - 2029, USD Million
TABLE 21 LAMEA Poultry Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Poultry Market by Country, 2023 - 2029, USD Million
TABLE 23 LAMEA Sheep & Goats Market by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Sheep & Goats Market by Country, 2023 - 2029, USD Million
TABLE 25 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Others Market by Country, 2023 - 2029, USD Million
TABLE 27 LAMEA Livestock Parasiticides Market by Country, 2019 - 2022, USD Million
TABLE 28 LAMEA Livestock Parasiticides Market by Country, 2023 - 2029, USD Million
TABLE 29 Brazil Livestock Parasiticides Market, 2019 - 2022, USD Million
TABLE 30 Brazil Livestock Parasiticides Market, 2023 - 2029, USD Million
TABLE 31 Brazil Livestock Parasiticides Market by Type, 2019 - 2022, USD Million
TABLE 32 Brazil Livestock Parasiticides Market by Type, 2023 - 2029, USD Million
TABLE 33 Brazil Livestock Parasiticides Market by End User, 2019 - 2022, USD Million
TABLE 34 Brazil Livestock Parasiticides Market by End User, 2023 - 2029, USD Million
TABLE 35 Brazil Livestock Parasiticides Market by Livestock, 2019 - 2022, USD Million
TABLE 36 Brazil Livestock Parasiticides Market by Livestock, 2023 - 2029, USD Million
TABLE 37 Argentina Livestock Parasiticides Market, 2019 - 2022, USD Million
TABLE 38 Argentina Livestock Parasiticides Market, 2023 - 2029, USD Million
TABLE 39 Argentina Livestock Parasiticides Market by Type, 2019 - 2022, USD Million
TABLE 40 Argentina Livestock Parasiticides Market by Type, 2023 - 2029, USD Million
TABLE 41 Argentina Livestock Parasiticides Market by End User, 2019 - 2022, USD Million
TABLE 42 Argentina Livestock Parasiticides Market by End User, 2023 - 2029, USD Million
TABLE 43 Argentina Livestock Parasiticides Market by Livestock, 2019 - 2022, USD Million
TABLE 44 Argentina Livestock Parasiticides Market by Livestock, 2023 - 2029, USD Million
TABLE 45 UAE Livestock Parasiticides Market, 2019 - 2022, USD Million
TABLE 46 UAE Livestock Parasiticides Market, 2023 - 2029, USD Million
TABLE 47 UAE Livestock Parasiticides Market by Type, 2019 - 2022, USD Million
TABLE 48 UAE Livestock Parasiticides Market by Type, 2023 - 2029, USD Million
TABLE 49 UAE Livestock Parasiticides Market by End User, 2019 - 2022, USD Million
TABLE 50 UAE Livestock Parasiticides Market by End User, 2023 - 2029, USD Million
TABLE 51 UAE Livestock Parasiticides Market by Livestock, 2019 - 2022, USD Million
TABLE 52 UAE Livestock Parasiticides Market by Livestock, 2023 - 2029, USD Million
TABLE 53 Saudi Arabia Livestock Parasiticides Market, 2019 - 2022, USD Million
TABLE 54 Saudi Arabia Livestock Parasiticides Market, 2023 - 2029, USD Million
TABLE 55 Saudi Arabia Livestock Parasiticides Market by Type, 2019 - 2022, USD Million
TABLE 56 Saudi Arabia Livestock Parasiticides Market by Type, 2023 - 2029, USD Million
TABLE 57 Saudi Arabia Livestock Parasiticides Market by End User, 2019 - 2022, USD Million
TABLE 58 Saudi Arabia Livestock Parasiticides Market by End User, 2023 - 2029, USD Million
TABLE 59 Saudi Arabia Livestock Parasiticides Market by Livestock, 2019 - 2022, USD Million
TABLE 60 Saudi Arabia Livestock Parasiticides Market by Livestock, 2023 - 2029, USD Million
TABLE 61 South Africa Livestock Parasiticides Market, 2019 - 2022, USD Million
TABLE 62 South Africa Livestock Parasiticides Market, 2023 - 2029, USD Million
TABLE 63 South Africa Livestock Parasiticides Market by Type, 2019 - 2022, USD Million
TABLE 64 South Africa Livestock Parasiticides Market by Type, 2023 - 2029, USD Million
TABLE 65 South Africa Livestock Parasiticides Market by End User, 2019 - 2022, USD Million
TABLE 66 South Africa Livestock Parasiticides Market by End User, 2023 - 2029, USD Million
TABLE 67 South Africa Livestock Parasiticides Market by Livestock, 2019 - 2022, USD Million
TABLE 68 South Africa Livestock Parasiticides Market by Livestock, 2023 - 2029, USD Million
TABLE 69 Nigeria Livestock Parasiticides Market, 2019 - 2022, USD Million
TABLE 70 Nigeria Livestock Parasiticides Market, 2023 - 2029, USD Million
TABLE 71 Nigeria Livestock Parasiticides Market by Type, 2019 - 2022, USD Million
TABLE 72 Nigeria Livestock Parasiticides Market by Type, 2023 - 2029, USD Million
TABLE 73 Nigeria Livestock Parasiticides Market by End User, 2019 - 2022, USD Million
TABLE 74 Nigeria Livestock Parasiticides Market by End User, 2023 - 2029, USD Million
TABLE 75 Nigeria Livestock Parasiticides Market by Livestock, 2019 - 2022, USD Million
TABLE 76 Nigeria Livestock Parasiticides Market by Livestock, 2023 - 2029, USD Million
TABLE 77 Rest of LAMEA Livestock Parasiticides Market, 2019 - 2022, USD Million
TABLE 78 Rest of LAMEA Livestock Parasiticides Market, 2023 - 2029, USD Million
TABLE 79 Rest of LAMEA Livestock Parasiticides Market by Type, 2019 - 2022, USD Million
TABLE 80 Rest of LAMEA Livestock Parasiticides Market by Type, 2023 - 2029, USD Million
TABLE 81 Rest of LAMEA Livestock Parasiticides Market by End User, 2019 - 2022, USD Million
TABLE 82 Rest of LAMEA Livestock Parasiticides Market by End User, 2023 - 2029, USD Million
TABLE 83 Rest of LAMEA Livestock Parasiticides Market by Livestock, 2019 - 2022, USD Million
TABLE 84 Rest of LAMEA 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