FENBENDAZOLE MARKET ANALYSIS

Regional Analysis

Fenbendazole Market – Regional Analysis

On the basis of region, the global fenbendazole market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.

North America is expected to hold dominant position in the global fenbendazole market, owing to new developments in pet care and animal health. For instance, in June 2018, Cargill Animal Nutrition, a U.S.-based firm launched NutreBeef Safe-Guard (fenbendazole) Dewormer Mineral (Medicated) in one easy-to-use package. NutreBeef Safe-Guard Dewormer Mineral combines Safe-Guard from Merck Animal Health, with a high quality, free-choice mineral formula from Cargill Animal Nutrition. Safe-Guard goes directly into the gastrointestinal tract of the parasite and once ingested by the parasite, it cannot be excreted thus, accumulation of Safe-Guard in the parasite eventually leads to parasite death.

Furthermore, Asia Pacific is expected to witness significant growth in global fenbendazole market due to expansions of production sites for fenbendazole by key players. For instance, in November 2017, Lasa Supergenerics Limited, a key player in manufacturing of Veterinary APIs in India, launched trial production of fenbendazole intermediates along with other drugs at its manufacturing unit IV to increase the production of fenbendazole in India.