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Dublin, July 13, 2021 (Global News Service) – “Market Report on Deworming Active Ingredients 2021-2026” Report has been added to ResearchAndMarkets.com provide.
The global market value of deworming active ingredients is estimated to be USD 884 million in 2021, and is expected to reach USD 1.361 billion by 2026, with a compound annual growth rate of 9.0%
This market is mainly driven by factors such as global demand for insect repellent products and increased consumption. Due to the existence and growth of the number of households and livestock, North America has the largest market share in the market of deworming active ingredients.
However, one of the factors that inhibit the growth of the insect repellent active ingredient market is the direct rules and regulations on the use of insect repellent ingredients in different countries.
Divided by type, the Picaridin market segment is expected to grow at the highest compound annual growth rate during the forecast period.
Based on the type, the Picaridin market segment is expected to grow the fastest during the forecast period. Pacaridin is an effective mosquito repellent that can repel flies, mosquitoes, chiggers and ticks. It is usually effective against yellow fever mosquitoes, which can transmit Zika virus, thereby driving growth during the forecast period.
In terms of concentration, 10%-50% of the market segment is estimated to account for the largest share.
10%-50% of the insect repellent active…
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