The global market for Animal
Parasiticides is projected to reach US$10.9 billion by 2025, driven by the growing
focus shed on animal health against the backdrop of humanization of pet animals
and growing concerns over the safety of foods of animal origin. In the livestock
industry, health of farm animals is closely linked to quality and safety of animal
derived food. The world is increasingly awakening to impact of animal diseases
on food safety. Food borne illnesses cause the healthcare system billions of dollars
in preventable medical health services. Therefore significant focus is being shed
on animal health management. Parasites, both external and internal, are a major
cause for production loss in the livestock industry claiming the life of 1 in 5
animals. In farm animals, parasites can retard growth and livestock
productivity by stealing nutrition. In pigs, parasites such as trichinella
spiralis, taenia solium and toxoplasma gondii cause foodborne diseases in
humans. Against the backdrop of growing stringency of food safety norms and standards
and growing competitiveness of pastoral livestock production, incidence such as
these can erode profitability of the livestock industry. External parasites
like ticks and mosquitos spread zoonotic diseases among humans that cause
millions of dollars each year in preventable healthcare costs. In pet dogs,
heartworms mature and cause dirofilariasis or blockage of major arteries in the
heart and pet owners have a high risk of becoming accidental hosts. Poised to
benefit under this scenario is the animal health industry. In this regard, parasiticides,
also known as antiparasitics are veterinary products with proven effectiveness against
parasites will witness strong growth. Popular and widely used parasiticides include
Ectoparasiticides, Endoparasiticides, and Endectocides. In the pet health sector,
the emerging pet loving culture worldwide will help drive market gains. Read More…
The Global Market for Big Data Technologies and Services is Projected to Reach $60 Billion by 2022
GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Big Data market. The global market for Big Data Technologies and Services is projected to reach $60 billion by 2022 , driven by soaring digital data volumes in organizations and the resulting need to turn this data into valuable insights for enhancing operational efficiency, tapping new opportunities and gaining competitive edge. Defined as a natural result of mankind’s obsession with information technology and digitalization, “Big Data” refers to extremely large sets of structured, semi-structured and unstructured data of different types, including text, audio or video, generated from diverse data sources that has the potential to be mined for required information. While data supply associated with big data ecosystem has always been large and voluminous in most organizations, the ability to use these large datasets and convert them into meaningf
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