Animal Parasiticides Market by Product Type, Animal Type, End User

List of Tables

[190 Pages Report] The Animal Parasiticides Market size was estimated at USD 9.20 billion in 2023 and expected to reach USD 9.65 billion in 2024, at a CAGR 5.15% to reach USD 13.08 billion by 2030.

Global Animal Parasiticides Market

KEY MARKET STATISTICS
Base Year [2023]	USD 9.20 billion
Estimated Year [2024]	USD 9.65 billion
Forecast Year [2030]	USD 13.08 billion
CAGR (%)	5.15%

Animal parasiticides are chemical materials used to eliminate or destroy parasites that harm animal health. These parasiticides target infectious parasites by reducing or inhibiting their growth. Parasiticide products are used in animal medicine to cure or prevent parasites, including fleas, ticks, and worms. Rising incidence of parasitic infection in pets and demand for animal-based foods is expanding the need for high-quality animal parasiticides. Increasing focus on pet health, expanding pet ownership, and the utilization of advanced pet health products have also created more awareness about parasiticides. Government restrictions and strict regulations for animal parasiticides are the major challenging factors in the market's growth. Additionally, advancements in formulations of animal parasiticide products, particularly of spot-on sprays and creams, are expected to fuel market growth over the near future.

Regional Insights

The Americas has a significant landscape in the animal parasiticides market attributed to factors such as high expenditure on animal health, highly commercialized and institutionalized meat industry, large consumption and import-export of animal-derived food products, and large base of pet population treated as family. FDA has different regulations for pet food packaging, storage, manufacturing, and labeling of products for import and export from other countries. However, the Asia-Pacific is slated to record the fastest growth rate in the animal parasiticides market owing to the increasing demand for animal-derived food products, growing awareness about livestock health and advanced livestock farming systems, and the growing adoption of pets in developing countries of this region. Continuous development, government support, and new advancement in animal parasiticides by major vendors have contributed to the market growth in the European region.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Animal Parasiticides Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Animal Parasiticides Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Animal Parasiticides Market, highlighting leading vendors and their innovative profiles. These include Bayer AG, Bimeda, Inc., Boehringer Ingelheim International GmbH, Cargill Incorporated, Ceva Sante Animale, Covetrus Inc., Elanco Animal Health Incorporated, Eli Lilly and Company, Gembah, Inc., Heska Corporation, Huvepharma, IDEXX Laboratories, Merck & Co., Inc., NEOGEN Corporation, Norbrook Group, Perrigo Company PLC, PetIQ, LLC, Sanofi-Aventis Groupe S.A., The Alltech Group, Thermo Fisher Scientific Inc., Vetoquinol S.A., Virbac S.A., and Zoetis, Inc..

Market Segmentation & Coverage

This research report categorizes the Animal Parasiticides Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product Type
- Ectoparasiticides
  - Collars
  - Dips
  - Ear Tags
  - Oral Tablets
  - Pour-Ons & Spot-Ons
  - Sprays
- Endectocides
- Endoparasiticides
  - Feed Additives
  - Injectables
  - Oral Liquids
  - Oral Solids
Animal Type
- Companion Animals
  - Cats
  - Dogs
  - Horses
- Livestock
  - Cattle
  - Pigs
  - Poultry
  - Sheep & Goats
End User
- Animal Farms
- Home Care Use
- Veterinary Clinics & Hospitals
Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam
- Europe, Middle East & Africa
  - Denmark
  - Egypt
  - Finland
  - France
  - Germany
  - Israel
  - Italy
  - Netherlands
  - Nigeria
  - Norway
  - Poland
  - Qatar
  - Russia
  - Saudi Arabia
  - South Africa
  - Spain
  - Sweden
  - Switzerland
  - Turkey
  - United Arab Emirates
  - United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Animal Parasiticides Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Animal Parasiticides Market?

3. What are the technology trends and regulatory frameworks in the Animal Parasiticides Market?

4. What is the market share of the leading vendors in the Animal Parasiticides Market?

5. Which modes and strategic moves are suitable for entering the Animal Parasiticides Market?

Product Code: MRR-031BF22F9498

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Animal Parasiticides Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Growing incidence of parasitic infestation in pets, livestock populations
  - 5.1.1.2. Increasing demand for animal-derived food products coupled with rising animal ownership rate
  - 5.1.1.3. Potential use of animal parasiticides in veterinary offices, livestock farms and households
- 5.1.2. Restraints
  - 5.1.2.1. Stringent regulations for approval for animal parasiticide
- 5.1.3. Opportunities
  - 5.1.3.1. Proliferating number veterinary services
  - 5.1.3.2. Rising awareness and spending on animal care through multiple animal welfare associations
- 5.1.4. Challenges
  - 5.1.4.1. Consumer shift toward vegetarian diets
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Animal Parasiticides Market, by Product Type

6.1. Introduction
6.2. Ectoparasiticides
- 6.3.1. Collars
- 6.3.2. Dips
- 6.3.3. Ear Tags
- 6.3.4. Oral Tablets
- 6.3.5. Pour-Ons & Spot-Ons
- 6.3.6. Sprays
6.3. Endectocides
6.4. Endoparasiticides
- 6.5.1. Feed Additives
- 6.5.2. Injectables
- 6.5.3. Oral Liquids
- 6.5.4. Oral Solids

7. Animal Parasiticides Market, by Animal Type

7.1. Introduction
7.2. Companion Animals
- 7.3.1. Cats
- 7.3.2. Dogs
- 7.3.3. Horses
7.3. Livestock
- 7.4.1. Cattle
- 7.4.2. Pigs
- 7.4.3. Poultry
- 7.4.4. Sheep & Goats

8. Animal Parasiticides Market, by End User

8.1. Introduction
8.2. Animal Farms
8.3. Home Care Use
8.4. Veterinary Clinics & Hospitals

9. Americas Animal Parasiticides Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Animal Parasiticides Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Animal Parasiticides Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
- 12.3.1. Merger & Acquisition
  - 12.3.1.1. Zoetis Announces the Completion of its Acquisition of Jurox, a Leading Provider of Livestock and Companion Animal Products
- 12.3.2. Agreement, Collaboration, & Partnership
  - 12.3.2.1. Huvepharma®, Inc. Partners with Champion Animal Health on Fly Control
- 12.3.3. New Product Launch & Enhancement
  - 12.3.3.1. CANTER launches To Combat Resistance In Equine Parasites In The UK
  - 12.3.3.2. New Five-Point Plan To Help Vets Practise Responsible Use Of Parasiticides For Dogs And Cats
  - 12.3.3.3. Livestock Health: Virbac Launches Tenotryltm (Enrofloxacin) Injectable Solution In The Usa And Increases Its Range Of Products
  - 12.3.3.4. Vetoquinol Launches Felpreva®, a New Three-Monthly Feline Spot-on Parasiticide
  - 12.3.3.5. Starbar Products unveils new Exhalt WDG Insect Growth Regulator
- 12.3.4. Award, Recognition, & Expansion
  - 12.3.4.1. FDA Approves Cattle Parasite Treatment
  - 12.3.4.2. Novel Plant-Based Drug Now Available For The Treatment Of Chemotherapy-Induced Diarrhea In Dogs

13. Competitive Portfolio

13.1. Key Company Profiles
- 13.1.1. Bayer AG
- 13.1.2. Bimeda, Inc.
- 13.1.3. Boehringer Ingelheim International GmbH
- 13.1.4. Cargill Incorporated
- 13.1.5. Ceva Sante Animale
- 13.1.6. Covetrus Inc.
- 13.1.7. Elanco Animal Health Incorporated
- 13.1.8. Eli Lilly and Company
- 13.1.9. Gembah, Inc.
- 13.1.10. Heska Corporation
- 13.1.11. Huvepharma
- 13.1.12. IDEXX Laboratories
- 13.1.13. Merck & Co., Inc.
- 13.1.14. NEOGEN Corporation
- 13.1.15. Norbrook Group
- 13.1.16. Perrigo Company PLC
- 13.1.17. PetIQ, LLC
- 13.1.18. Sanofi-Aventis Groupe S.A.
- 13.1.19. The Alltech Group
- 13.1.20. Thermo Fisher Scientific Inc.
- 13.1.21. Vetoquinol S.A.
- 13.1.22. Virbac S.A.
- 13.1.23. Zoetis, Inc.
13.2. Key Product Portfolio

14. Appendix

14.1. Discussion Guide
14.2. License & Pricing