Dublin, July 25, 2022 (GLOBE NEWSWIRE) — The “Europe Dog Dewormer Market Size, Share & Trend Analysis Report by Distribution Channel (Veterinary Clinics, Retail/Pet Shops, E-Commerce), By Country and Segment Forecast, 2022- 2030″ report has been added to from ResearchAndMarkets.com offer.
The European dog dewormer market size is expected to reach USD 793.2 million by 2030. It is expected to grow at a CAGR of 9.56% from 2022 to 2030. According to data published by N26 GmbH, in October 2020, around 15.8 USD to 52.8 USD (15-50 EUR) per month are spent on dog insurance, depending on their breed.
The European dog dewormer market is expected to witness notable growth in the coming years. This can be attributed to the well-established veterinary care infrastructure, a large dog population and the local presence of key businesses. According to the annual report of FEDIAF 2021 (the European pet food industry), the canine population in 2020 was 90 million in Europe, where countries such as Russia, Germany, France and Italy would have over 7 million dogs. .
The European market is quite competitive. Key players are involved in new product launches, acquisitions, and partnerships to gain competitive advantage over each other. In April 2022, Elanco, in collaboration with Ginkgo Bioworks, launched a new animal health company called BiomEdit. This was opened with the aim of introducing probiotics and modified microbes to animal health services.
Highlights of the Europe Dog Dewormer Market Report
- Rising disposable income, rising adoption of pets, and rising spending on pets are expected to fuel the growth of the market over the forecast period. For example, a 2020 report by FEDIAF estimated annual sales of pet food products at around €21.8 billion.
- In terms of distribution channel, the veterinary clinic segment led the market with a revenue share of over 35.0% in 2021 owing to the growing adoption of pets.
- Germany accounted for the largest revenue share of over 15.0% in 2021 owing to the presence of major market players in the country.
Main topics covered:
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Europe Dog Deworming Market Variables, Trends and Scope
Chapter 4 Europe Dog Dewormer Market: Segment Analysis, by Distribution Channel, 2017-2030 (Million USD)
Chapter 5 Europe Dog Deworming Market: Market Analysis by Countries 2017-2030 (Million USD)
Chapter 6 Europe Dog Deworming Market Company Profiles
- Merck & Co., Inc.
- Boehringer Ingelheim International GmbH
- This will
- PetIQ, LLC
- Sava Healthcare Limited
For more information on this report, visit https://www.researchandmarkets.com/r/b9xzwl