About Lufenuron
Growing pet ownership will help to boost global Lufenuron market in the forecasted period. Lufenuron is indicated for the prevention and control of flea populations. It does this by preventing the development of flea eggs but it does not kill adult fleas. If the animal is infected with adult fleas, it should be treated with an insecticide approved for either cats or dogs prior to Lufenuron being used.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Leading global players are focusing on strategic partnerships to improve their products and services. In addition, companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Lufenuron market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
AccuStandard (United States), Crystal Crop Protection Limited (India), Zagro Asia Limited (Singapore), Shanghai Bosman Industrial Co. Ltd (China), 3B Scientific (Germany), Waterstone Technology (United States), 2A PharmaChem (United States), Kanto Chemical (Japan), Wako Pure Chemical Industries (United States) and J & K SCIENTIFIC (India) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Hangzhou Yuhao Chemical Technology (China), T&W GROUP (China) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Lufenuron market by , Application (Fungal Infections, Ringworm, Agricultural Pesticide and Others) and Region.
On the basis of geography, the market of Lufenuron has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End, the sub-segment i.e. Dog will boost the Lufenuron market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Pet Owners and Fuelling concern about Pet Health and Welfare
Market Growth Drivers:
Increasing Veterinary Healthcare Spending and Government Initiatives to Promote Animal Healthcare Products
Challenges:
Chances of Contagious Diseases in Case of Improper
Restraints:
Less Awareness about Lufenuron Emerging Countries and Concern Regarding Possible Side Effects of Lufenuron
Opportunities:
Rising Disposable Income of Pet Care in Emerging Countries
Market Leaders and their expansionary development strategies
In August 2020, Merck Animal Health has completed its acquisition of US rights to Sentinel Flavor Tabs (milbemycin oxime/lufenuron) and Sentinel Spectrum Chews (milbemycin oxime/lufenuron/praziquantel) products that target common intestinal parasites.
In April 2023, Merck Animal Health, known as MSD Animal Health outside of the United States and Canada, has introduced a new creative campaign reminding dog owners to protect their four-legged family members from fleas and ticks with BRAVECTO ® (fluralaner) Chews for Dogs. The longest-lasting oral flea and tick prevention and treatment is currently available by veterinary prescription, BRAVECTO Chews and for Dogs starts killing fleas and ticks within hours 1 , meaning less worry and more convenience for dog owners.
Key Target Audience
Medicine Manufacturers, Distributors and Suppliers, Government Regulatory Bodies, Government Research Organizations, Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.