Animal Parasiticides Market Growth Revenue to Reach USD 14 Billion at 7% CAGR (2022-2030)"

Animal parasiticides Market Introduction Animal parasiticides market play a crucial role in safeguarding livestock from parasitic attacks, enhancing immunity, and promoting overall animal health. With three main forms—ectoparasiticides, endoparasiticides, and endectocides—this market is witnessing exponential growth, driven significantly by its high usage in the feed industry. The forecast indicates a robust Compound Annual Growth Rate (CAGR) of 7%, projecting the market to reach USD 14 billion by the end of 2030. Factors Driving Market Growth: Animal parasiticides serve as a key contributor to improving livestock health, fueled by the increasing demand for animal-derived food products. Growing awareness of animal-transmitted diseases and a heightened focus on enhancing animal health among consumers are further propelling market growth. Supportive government regulations, particularly in Europe, North America, and select regions of Asia Pacific, are anticipated to boos...