Fenbendazole Market, To grow at High CAGR, Industry Size, Treatment Trends, In-depth Analysis, Top 10 Company Profiles, Regional Revenue, Forecast to 2027

FENBENDAZOLE MARKET ANALYSIS

Fenbendazole Market, by Product Type (Powder, Tablet, and Liquid Formulations), by Application (Cattle, Sheep, Pig, Horse, Hens and Others), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) – Size, Share, Outlook, and Opportunity Analysis 2018 – 2026

Fenbendazole is the broad range of anthelmintic drugs of benzimidazole class. Fenbendazole is utilized for removing some gastrointestinal parasites from intestines and stomach of animals. It is potent against hookworms, roundworms, whipworms, some tapeworms, and parasites known as strongyloides and strongyles. Fenbendazole plays the role of a potent de-wormer since it destroys and controls these worms through preventing their reproduction and growth.

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Global Fenbendazole Market Driver

Rising R&D activities to enhance fenbendazole’s efficiency to treat several diseases in humans and animals, is a key factor expected to drive the global fenbendazole market growth. For instance, scientists from National Centre for Human Genome Studies and Research (NCHGSR), in August 2018, in India, reported that fenbendazole has the potential of acting as a potent anti-cancer agent. The Fenbendazole can be an effective remedy to evade drug resistance which is commonly encountered within cancer therapy. For studying this, scientists first treated the human non-small lung cancer cells using fenbendazole and observed death of tumor cell.

Since, development of a promising molecule in an approved drug could usually consume considerable cost and time, repurposing the veterinary drugs for treating diseases in the humans could be effective and has exhibited promising results, which is expected to result reduction in cost without requiring new drug development.

Moreover, new fenbendazole drug approval is expected to drive growth of the global fenbendazole market over the forecast period. For instance, Merck Animal Health, in January 2018, received the U.S. Food and Drug Administration (USFDA) approval, for Safe-Guard AquaSol, an oral fenbendazole suspension used to treat and control adult Ascaridia galli within broiler chickens along with Heterakis gallinarum within breeding chickens through drinking water. Safe-Guard AquaSol is manufactured with a novel wet-milling technology, producing an extremely stable suspension that could be given to hens conveniently from drinking water.

Global Fenbendazole Market – Restraint

Resistance of enbendazole drug owing to excessive or improper drug uses in horses can potentially hinder the global fenbendazole market growth over the forecast period. For instance, in 2016, as per the National Equine Health Survey (NEHS), increasing fenbendazole drug usage in horses has led to widespread drug resistance within these animals, in the U.S. As per the similar source, fenbendazole drug use in horses to treat encysted small red worm results in gut infection within the animals.

Global Fenbendazole Market – Regional Analysis

Bases on geography, the global fenbendazole market is segregated into North America, Europe, Latin America, Asia Pacific, Africa, and Middle East.

North America is expected to hold a dominant position the global fenbendazole market, due to novel advancements in animal health and pet care. For instance, a firm based in the U.S. – Cargill Animal Nutrition, in June 2018, launched NutreBeef Safe-Guard (fenbendazole) Dewormer Mineral (Medicated) in a single package which is easy-to-use. NutreBeef Safe-Guard Dewormer Mineral mixes Merck Animal Health’s Safe-Guard, with the free-choice, high quality mineral formula by Cargill Animal Nutrition. Safe-Guard directly goes in the parasite’s gastrointestinal tract and after ingesting, the parasite cannot excrete it, thus, Safe-Guard’s accumulation within the parasite leads to its eventual death.

Moreover, Asia Pacific is expected to register robust growth in global fenbendazole market owing to production site expansions for fenbendazole by major companies. For instance, a major player for Veterinary APIs manufacturing in India – Lasa Supergenerics Limited, in November 2017, launched fenbendazole intermediates’ trial production along with other drugs at the manufacturing unit IV for increasing the fenbendazole production in India.

Global Fenbendazole Market – Taxonomy

Based on Product Type

• Tablet

• Powder

• Liquid Formulations

Based on Application

• Cattle

• Hens

• Pig

• Sheep

• Horse

• Others

Based on Region

• North America

• Asia Pacific

• Europe

• Latin America

• Africa

• Middle East

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Fenbendazole Market – Competitive Landscape

Key players functioning in the global prosthetic liners market consists of Shaanxi Hanjiang Pharmaceutical Group Co., Ltd., Hubei KangBaoTai Fine Chemical Co., Ltd, Merck Sharp & Dohme Corp., Henan Purui Pharmaceutical Co., Ltd., Leo Bio-care Private Limited, Supharma Chem., Intervet Inc., LASA Supergenerics Limited, and Jiangsu Quality Horizons Pharmtech Co., Ltd.

Main points in Fenbendazole Market Report Table of Content

Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Global Fenbendazole Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: Fenbendazole Industry Impact

Chapter 2 Global Fenbendazole Competition by Types, Applications, and Top Regions and Countries
2.1 Global Fenbendazole (Volume and Value) by Type
2.3 Global Fenbendazole (Volume and Value) by Regions

Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis

Chapter 4 Global Fenbendazole Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Fenbendazole Market Analysis
Chapter 6 East Asia Fenbendazole Market Analysis
Chapter 7 Europe Fenbendazole Market Analysis
Chapter 8 South Asia Fenbendazole Market Analysis
Chapter 9 Southeast Asia Fenbendazole Market Analysis
Chapter 10 Middle East Fenbendazole Market Analysis
Chapter 11 Africa Fenbendazole Market Analysis
Chapter 12 Oceania Fenbendazole Market Analysis
Chapter 13 South America Fenbendazole Market Analysis
Chapter 14 Company Profiles and Key Figures in Fenbendazole Business
Chapter 15 Global Fenbendazole Market Forecast (2021-2027)
Chapter 16 Conclusions
Research Methodology

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