Animal Parasiticides Market Global Forecast Report by Types, Animal Types, End User, Countries and Company Analysis 2024-2032

Animal Parasiticides Market Size

The Animal Parasiticides market is expected to rise from US$9.33 billion in 2023 to US$15.83 billion by 2032, experiencing a CAGR of 6.05% from 2024 to 2032. This is because the awareness of animal health concerning zoonotic diseases is constantly increasing. Rising concerns over infection from animals to humans will increase demand for parasitic treatments in this period, thereby improving market growth.

Global Animal Parasiticides Industry Outlooks

Animal parasiticides can be defined as chemicals or biological agents for the prevention, treatment, or control of animal parasitic infestations. These are highly required to maintain the health of livestock, pets, and wildlife from internal and external parasites such as worms, fleas, ticks, and mites. Animal parasiticides are therefore often used in veterinary practice to protect animals from diseases transmitted by these parasites, which will subsequently cause significant health concerns and productivity, especially among livestock.

The two major types of animal parasiticides are endoparasiticides, those used for the internal parasites, like worms, and ectoparasiticides, those that are used for the external parasites, such as fleas and ticks. There are a variety of preparations in the product, which is offered in the tablet form as well as the spot-on treatment, sprays, and injectable solution. Parasiticides enhance the welfare of animals and increase the productivity of livestock for better food safety. In companions, parasiticides play a preventive role against infectious diseases such as Lyme disease and heartworm. As knowledge about zoonoses expands, the demand for effective animal parasiticides also increases.

Dynamics Driving Animal Parasiticides Market Growth

Advancements in the Knowledge Base of Zoonotic Diseases

Growing awareness of zoonotic infections caused by animals to humans creates a gigantic spur for animal parasiticides. As public perception of the risks of infection with Lyme disease, ticks, and worms improves, demand for effective parasitic control in animals grows. The awareness among pet owners and livestock farmers is calling them to regularly use parasiticides to keep the animals healthy and minimize the risk of disease transmission. Thus, it is no wonder that the market for animal parasiticides has been constantly expanding with a focus on greater concerns in public health and animal welfare.

Growing Pet Ownership and Veterinary Care

One of the biggest trends that has contributed to the boom of the animal parasiticides market is the growing number of pets, especially in urban areas. Pets start to engage closely with the life of any household and, hence, make their owners all the more conscious regarding veterinary care and the prevention/eradication of parasites. The persistent application of parasiticides prevents pets from getting fleas, ticks, and internal parasites. Growing pet care thus fuels the market for preventive and curative parasiticides, which will boost market growth over the next few years.

Expansion of Livestock Farming and Production

Expansion of livestock farming and production in response to an increased demand for animal products such as meat, milk, and wool. Parasitic infestations can be so devastating to livestock health and productivity and hence lead to a major financial loss. Farmers are therefore resorting more than ever to the use of parasiticides in controlling and preventing parasites within their herds and flocks. Effective control of parasites enhances animal health, improves productivity, and ensures quality and safety food products. That aspect of livestock farming, in terms of the health of animals, is leading to growth in the global animal parasiticides market.

Canada Animal Parasiticides Market

The Canadian animal parasiticides market is gaining ground with increased awareness about animal health and the increased prevalence of zoonotic diseases. Increasingly, pet owners, as well as livestock farmers, use parasiticides to safeguard animals against internal and external parasites, such as fleas, ticks, and worms. Growing demand for effective parasitic treatments is characterized by the increasing growth in the pet care industry and the healthy livestock sector. In addition, developments in veterinary care and much more effective parasitic products create market growth. Other Factors Increasing Adoption of Parasiticides All-inclusive increase in concern about animal welfare and disease prevention have led to the adoption of parasiticides across Canada.

France Animal Parasiticides Market

The animal parasiticides market is growing fundamentally in France as more and more people are gaining awareness regarding animal health and the prevalence of zoonotic diseases. Both pet owners and farmers are adopting parasiticides for protecting animals against parasites that are absolutely harmful, including ticks, fleas, and internal worms. Strong veterinary solid care infrastructure and demand for high-quality pet products also escalates the market in France. But growing awareness of animal welfare, and rules related to safe food production, only enhance the growing demand for parasitic treatment among pet and livestock companion animals.

China Animal Parasiticides Market

Animal parasiticides market in China is growing at a drastic level due to its increasing demand for animal health product amid a rising awareness regarding zoonotic diseases. Increased pet ownership and expansion of the livestock industry lend more importance to the need for effective parasite control. Increasing demands by farmers for parasiticides guaranteeing livestock productivity and health, as well as a challenge by pet owners to safeguard their pets from ticks, fleas, and worms, will give way to ever-deepening market demand for parasiticides. Improving animal welfare and veterinary care are also the focus of the government, hence its market growth. Advanced parasiticidal treatments in China are more in demand nowadays.

Saudi Arabia Animal Parasiticides Market

The market for animal parasiticides in Saudi Arabia is also growing. This is due to developing awareness about animal health and the incidence of zoonotic diseases. Growing livestock and pet populations lead to a greater demand for effective control solutions against parasites. To maintain healthy and productive herds, farmers are increasingly spending on parasiticides. Treatments for safeguarding pets from ticks, fleas, and worms have increased the interest of pet owners. Improving veterinary services and enhanced animal welfare with government efforts also contribute to the market growth. The need for advanced and efficient parasiticides in Saudi Arabia is likely to increase due to growing emphasis on disease prevention and animal health.

Company Analysis of Animal Parasiticides Market

Some of the main players in Animal Parasiticides market include Bimeda Group, Boehringer Ingelheim GmbH, Merck & Co. Inc., PetIQ LLC, Vetoquinol S.A., Virbac, Zoetis Inc., Sanofi, ELI Lilly and Company, etc.

Types- Industry is divided into 3 viewpoints:

1. Tet Ectoparasiticides

2. Endoparasiticides

3. Endectocides

Animal Type- Industry is divided into 2 viewpoints:

1. Companion Animals

2. Livestock Animal

End User- Industry is divided into 3 viewpoints:

1. Veterinary Clinics and Hospitals

2. Animal Farms

3. Home Care Settings

Countries- Industry is divided into 25 viewpoints:

North America

• United States
• Canada

Europe

• France
• Germany
• Italy
• Spain
• United Kingdom
• Belgium
• Netherlands
• Turkey

Asia Pacific

• China
• Japan
• India
• Australia
• South Korea
• Thailand
• Malaysia
• Indonesia
• New Zealand

Latin America

• Brazil
• Mexico
• Argentina

Middle East & Africa

• South Africa
• Saudi Arabia
• United Arab Emirates

All companies have been covered with 5 Viewpoints

• Overviews
• Key Person
• Recent Developments & Strategies
• Product Portfolio & Product Launch in Last 1 Year
• Revenue

Company Analysis

1. Bimeda Group

2. Boehringer Ingelheim GmbH

3. Merck & Co. Inc.

4. PetIQ LLC

5. Vetoquinol S.A.

6. Virbac

7. Zoetis Inc.

8. Sanofi

9. ELI Lilly and Company