Animal Parasiticides Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product Type (Ectoparasiticides (Pour-ons and Spot-ons, Tablets and Sprays), Endectocides and Endoparasiticides (Oral Solids, Injectables and Feed Additives)), By Animal (Companion Animals (Dogs, Cats, Horses), Food-Producing Animals (Cattle, Sheep, Poultry, Pigs, Goats and Other)), By End User (Veterinary Hospitals and Clinics, Animal Farms, Home Care Settings), By Region and Competition, 2019-2029F

Industry : Healthcare
Pages : NA
Published Date : NA

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Report Description

Forecast Period	2025-2029
Market Size (2023)	USD 10.52 Billion
CAGR (2024-2029)	4.25%
Fastest Growing Segment	Ectoparasiticides
Largest Market	North America

Market Size (2029)

USD 13.45 Billion

Market Overview

Global Animal Parasiticides Market was valued at USD 10.52 Billion in 2023 and is anticipated to project steady growth in the forecast period with a CAGR of 4.25% through 2029. The global animal parasiticides market has witnessed significant growth over the past few years, driven by an increasing awareness of the importance of animal health and a growing global population. Parasitic infections pose a serious threat to livestock, pets, and even wildlife, making parasiticides a crucial component of animal healthcare. Animal parasiticides are substances or drugs used to control, prevent, and treat parasitic infections in animals. These infections can range from internal parasites like worms to external parasites such as ticks, fleas, and mites. The market for animal parasiticides primarily serves livestock (cattle, poultry, swine, etc.), pets (dogs, cats), and horses. The need to maintain the health and productivity of these animals has led to the increasing use of parasiticides.

Zoonotic diseases are infections that can be transmitted from animals to humans. The awareness of these diseases has grown significantly, leading to a surge in demand for animal parasiticides. Preventing parasitic infections in animals becomes crucial to protecting human health. As consumers and producers become more conscious of environmental and food safety concerns, the demand for sustainable and organic parasiticides has risen. These products offer an alternative to chemical-based solutions and have garnered substantial attention in the market. Ongoing research and development in the industry have resulted in more effective and convenient formulations of parasiticides. Innovative delivery systems, such as spot-on treatments and oral medications, are increasingly preferred for ease of administration and improved efficacy. Stringent regulations regarding the use of animal parasiticides have pushed manufacturers to develop safer and more environmentally friendly products. Compliance with these regulations has become a key factor influencing the market landscape.

Key Market Drivers

Rising Pet Ownership

The global animal parasiticides market is witnessing a significant surge in growth, and one of the key driving factors behind this expansion is the rising trend of pet ownership. As more people around the world bring furry, feathered, or scaly companions into their homes, the need for effective protection against parasites becomes paramount. Over the past decade, there has been a substantial increase in the number of households adopting pets. The companionship and emotional support that animals provide are valued now more than ever, especially in a world that is often stressful and fast-paced. Dogs, cats, birds, and small mammals have become integral members of many families, and pet ownership is no longer exclusive to Western cultures but is increasingly popular in emerging economies.

As more families welcome pets into their homes, the market for pet parasiticides is expanding. The demand for products that can keep these beloved companions healthy and parasite-free is on the rise. Pet owners today are more informed and concerned about their pets' health and well-being. They are increasingly seeking out preventive healthcare measures, including regular parasite control. This heightened awareness is driving demand for high-quality parasiticides. The animal health industry is continually innovating to provide more effective, convenient, and safer parasiticides. New formulations, such as spot-on treatments, oral medications, and long-lasting collars, make it easier for pet owners to protect their pets. Veterinarians play a vital role in educating pet owners about the importance of parasiticides and recommending the most appropriate products for their pets. This professional guidance drives sales and supports the industry's growth. The potential transmission of parasites from pets to humans has raised concerns, particularly with zoonotic parasites like ticks and fleas. This has led to a growing demand for effective parasiticides to safeguard not only pets but also their owners.

The increasing demand for animal parasiticides is beneficial for pet owners in several ways. Effective parasiticides protect pets from diseases and discomfort caused by parasites, leading to happier, healthier animals. Knowing that their pets are well-protected against parasites gives pet owners peace of mind, allowing them to enjoy a worry-free relationship with their furry friends. Preventive measures are often more cost-effective than treating parasitic infestations after they occur. Regular use of parasiticides can reduce the financial burden of veterinary bills. The health and well-being of pets are essential for the strong emotional bonds between pet owners and their animals. Effective parasiticides contribute to a closer and more loving relationship.

Increasing Awareness of Zoonotic Diseases

The global animal parasiticides market has witnessed significant growth in recent years, and one of the key drivers behind this expansion is the increasing awareness of zoonotic diseases. Zoonotic diseases are infections that can be transmitted from animals to humans, and they pose a significant public health threat. To mitigate the risk of zoonotic diseases, there is a growing emphasis on controlling and preventing parasites in animals. This has led to a surge in the demand for animal parasiticides, which play a crucial role in safeguarding both animal and human health.

Zoonotic diseases are a group of infectious diseases caused by pathogens such as bacteria, viruses, and parasites that can be transmitted between animals and humans. These diseases are responsible for a substantial burden on global public health systems and can have severe consequences, including epidemics and pandemics. Some well-known zoonotic diseases include rabies, Ebola, avian influenza, and most recently, COVID-19. The link between zoonotic diseases and parasites is significant. Many zoonotic diseases are transmitted through vectors, which are often parasites that infest animals. For instance, ticks and mosquitoes are known vectors for diseases such as Lyme disease and West Nile virus. Controlling the spread of these diseases in animals is a crucial step in preventing their transmission to humans.

Animal parasiticides are a class of veterinary medicines and treatments that are designed to control and prevent parasitic infestations in animals. These parasiticides include antiparasitic drugs, vaccines, and various pest control products. The most common types of parasites affecting animals include ticks, fleas, mites, lice, and intestinal worms. Parasitic infestations can lead to various health issues in animals, ranging from discomfort to severe diseases. By controlling parasites, animal parasiticides ensure the well-being of livestock and pets. Livestock such as cattle, poultry, and swine are a significant source of animal-based food products. Controlling parasites in these animals is vital to maintain food safety and prevent the transmission of diseases to humans through consumption. As mentioned earlier, zoonotic diseases can be transmitted through parasitic vectors. By controlling these vectors, animal parasiticides help reduce the risk of zoonotic diseases spreading to humans. Parasitic infestations can have detrimental effects on animal productivity. By using parasiticides, farmers can improve livestock health and productivity, contributing to sustainable agriculture.

The increasing awareness of zoonotic diseases and their connection to parasitic infestations in animals has propelled the global animal parasiticides market to new heights. As the world continues to grapple with zoonotic disease outbreaks, the demand for these vital veterinary medicines and treatments is expected to remain strong. The industry's growth not only serves to protect animal health but also to safeguard human health, making it a critical component of public health strategies worldwide.

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Key Market Challenges

Regulatory Hurdles

One of the most significant challenges for the animal parasiticides market is the complex and stringent regulatory environment governing these products. Governments worldwide have implemented strict regulations to ensure the safety and efficacy of parasiticides. The approval process for new products or active ingredients can be time-consuming and expensive, leading to delays in bringing innovative solutions to the market. Manufacturers must invest heavily in research and development to meet regulatory requirements and demonstrate the safety of their products. Resistance to parasiticides is a growing concern in both livestock and companion animals. Over time, parasites can develop resistance to commonly used parasiticides, rendering them less effective. This resistance can lead to treatment failures and increased costs for farmers and pet owners. Developing new parasiticides or finding alternative approaches to combat resistance is an ongoing challenge for the industry.

Consumer Awareness and Education

In the companion animal segment, consumer awareness and education about the importance of parasiticides are vital. Many pet owners may not fully understand the risks associated with parasitic infections and the need for regular preventive treatments. The industry must invest in educational campaigns to ensure pet owners are well-informed about the benefits of parasiticide use. There is growing concern about the environmental impact of parasiticides, especially in the livestock sector. The runoff from pastures and farms can carry parasiticides into waterways, potentially harming aquatic ecosystems. Balancing the need for effective parasiticides with environmental sustainability is a challenge for the industry. Developing more eco-friendly formulations and application methods is crucial in addressing this concern.

Key Market Trends

Technological Advancements

The global animal parasiticides market has been steadily growing over the years, and technological advancements have played a pivotal role in driving this expansion. The demand for efficient and safe solutions to combat parasites in livestock and companion animals has led to a surge in research and innovation in this sector. With the advent of cutting-edge technologies, the animal parasiticides market has witnessed a remarkable transformation, offering more effective, targeted, and sustainable solutions to address the issue of parasitic infections. One of the most notable technological advancements in the animal parasiticides market is precision medication. This approach leverages genetic information to create personalized treatments for animals based on their specific susceptibility to parasites. By analyzing the genetic makeup of animals, veterinarians and researchers can identify their predisposition to certain parasites and tailor treatment plans accordingly. This precision medication approach ensures that animals receive the right treatment at the right time, reducing the risk of overmedication and minimizing the development of drug resistance in parasites.

Technological innovations have also led to the development of innovative formulations for parasiticides. Traditional methods, such as oral medications and sprays, are now being complemented by novel drug delivery systems, such as long-lasting injectables and spot-on treatments. These advanced formulations enhance the convenience and effectiveness of parasiticides, making them easier to administer and ensuring a longer duration of action. These advancements improve animal welfare and reduce the need for frequent treatments. The use of data analytics and digital technologies has revolutionized the way parasitic infections are managed. With the help of electronic health records and wearable devices, veterinarians can monitor animal health in real-time and identify parasitic infections at an early stage. This data-driven approach allows for more timely and targeted interventions, reducing the overall burden of parasites on animals and farms.

Environmental concerns have driven the development of eco-friendly parasiticides. With advances in research and development, scientists have created products that not only effectively combat parasites but are also less harmful to the environment. These environmentally friendly solutions aim to reduce the ecological footprint of parasiticides while protecting animal health. The integration of telemedicine and remote consultations into veterinary practice has significantly contributed to the growth of the animal parasiticides market. Veterinarians can now offer guidance and recommendations for parasite control from a distance, allowing animal owners to receive expert advice without the need for in-person visits. This convenience has increased the accessibility of parasiticide treatments for animal owners, leading to a broader market reach. Genetic engineering technologies have opened new avenues in the development of parasiticides. By modifying the genetics of animals or parasites themselves, researchers can create animals with increased resistance to certain parasites. Genetic engineering also holds the potential for the development of genetically modified parasites that can be used as a biological control measure. This innovative approach may reduce the need for chemical parasiticides in the future.

Segmental Insights

Product Type Insights

Based on product type, ectoparasiticides emerged as the fastest growing segment in the global market for animal parasiticides in 2023. Ectoparasiticides are chemical compounds formulated to target and eliminate ectoparasites that infest the external surfaces of animals. These parasites can have a devastating impact on the health and productivity of animals and are responsible for substantial economic losses in the agricultural and pet industries. Ectoparasiticides are increasingly being recognized as indispensable tools in managing these challenges. Growing awareness among pet owners, farmers, and veterinarians about the health risks posed by ectoparasites has fueled the demand for effective solutions. Ectoparasiticides are considered essential for ensuring the well-being of animals. The global pet population is expanding rapidly, particularly in urban areas. With more pets in households, the demand for ectoparasiticides to protect companion animals from fleas and ticks has surged. In the agricultural sector, livestock infestations by ticks, mites, and flies can lead to reduced meat and milk production, as well as the transmission of diseases. Ectoparasiticides are integral to improving livestock health and productivity.

Animal Insights

Based on animal, companion animals segment is projected to experience rapid growth in Global Animal Parasiticides Market during the forecast period. The bond between pet owners and their companion animals is stronger than ever, with many considering their pets as part of the family. There's a growing inclination among pet owners to invest in their pets' well-being, including preventative measures and treatments for parasites. Given that certain animal parasites can transmit diseases to humans (zoonoses), there's increased awareness regarding the importance of keeping pets free from parasites. It's not just a matter of kindness but also a public health imperative to prevent parasitic infestations in pets. With the expansion of urban areas leading to pets spending more time indoors and in close proximity to other animals, the risk of parasitic infestations rises. Pet owners are increasingly seeking effective parasiticides to safeguard their pets. The animal health industry has been witnessing ongoing advancements in parasiticides, providing pet owners with safer and more efficient products. These innovations have bolstered consumer confidence in the use of such products.

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Regional Insights

Based on region, North America emerged as the dominant region in the Global Animal Parasiticides Market in 2023, holding the largest market share in terms of value. North America boasts a high rate of pet ownership, with a considerable portion of the population considering pets as integral family members. This has led to an increased demand for products to protect companion animals, such as dogs and cats, from parasitic infections. Concerned pet owners regularly use parasiticides to shield their furry friends from fleas, ticks, and other parasites. As a result, the pet parasiticides segment has experienced substantial growth, and North America is at the forefront of this trend. North America has stringent regulations and guidelines regarding animal health and welfare. Regulatory bodies such as the U.S. Food and Drug Administration (FDA) and the Canadian Food Inspection Agency (CFIA) ensure that animal parasiticides meet rigorous safety and efficacy standards. These regulations instill confidence in the quality and safety of parasiticide products, leading to their increased usage in the region.

Recent Developments

In February 2024, Elanco Animal Health Inc. revealed the sale of its aqua business to Merck Animal Health for about USD 1.3 billion in cash. This strategic decision, valued at roughly 7.4 times the projected 2023 revenue of Elanco's aqua business, follows a methodical process undertaken over the past year. This sale enables Elanco to concentrate its investments on larger markets with higher profit potential, offering flexibility in its balance sheet and the chance to emphasize growth in crucial sectors of the animal health industry.

Key Market Players

Eli Lilly and Company
Merck and Co., Inc.
Bayer AG
Virbac Taiwan Co. Ltd.
Vetoquinol S.A.
Oceanic Pharmachem Pvt. Ltd.
Boehringer Ingelheim International GmbH
Intas Pharmaceuticals Ltd.
Erbe Elektromedizin GmbH
Conmed Corporation
Ammega Group BV
KLS Martin LP

By Product Type	By Animal	By End user	By Region
Ectoparasiticides Endectocides Endoparasiticides	Companion animals Food-producing animals	Veterinary hospitals and Clinics Animal farms Home care settings	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Animal Parasiticides Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Animal Parasiticides Market, By Product Type:

o Ectoparasiticides

o Endectocides

o Endoparasiticides

Animal Parasiticides Market, By Animal:

o Companion animals

o Food-producing animals

Animal Parasiticides Market, By End user:

o Veterinary hospitals and Clinics

o Animal farms

o Home care settings

Animal Parasiticides Market, By Region:

o North America

§ United States

§ Canada

§ Mexico

o Europe

§ France

§ United Kingdom

§ Italy

§ Germany

§ Spain

o Asia Pacific

§ China

§ India

§ Japan

§ Australia

§ South Korea

o South America

§ Brazil

§ Argentina

§ Colombia

o Middle East & Africa

§ South Africa

§ Saudi Arabia

§ UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Animal Parasiticides Market.

Available Customizations:

Global Animal Parasiticides Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

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Table of content

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market

3.2. Overview of Key Market Segmentations

3.3. Overview of Key Market Players

3.4. Overview of Key Regions/Countries

3.5. Overview of Market Drivers, Challenges, Trends

4. Global Animal Parasiticides Market Outlook

4.1. Market Size & Forecast

4.1.1. By Value

4.2. Market Share & Forecast

4.2.1. By Product Type (ectoparasiticides (pour-ons and spot-ons, tablets and sprays), endectocides and endoparasiticides(oral solids, injectables and feed additives))

4.2.2. By Animal (companion animals(dogs, cats, horses), food-producing animals(cattle, sheep, poultry, pigs, goats and other))

4.2.3. By End user (veterinary hospitals and clinics, animal farms, home care settings)

4.2.4. By Region

4.2.5. By Company (2023)

4.3. Market Map

4.3.1. By Product Type

4.3.2. By Animal

4.3.3. By End user

4.3.4. By Region

5. Asia Pacific Animal Parasiticides Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Product Type

5.2.2. By Animal

5.2.3. By End user

5.2.4. By Country

5.3. Asia Pacific: Country Analysis

5.3.1. China Animal Parasiticides Market Outlook

5.3.1.1. Market Size & Forecast

5.3.1.1.1. By Value

5.3.1.2. Market Share & Forecast

5.3.1.2.1. By Product Type

5.3.1.2.2. By Animal

5.3.1.2.3. By End user

5.3.2. India Animal Parasiticides Market Outlook

5.3.2.1. Market Size & Forecast

5.3.2.1.1. By Value

5.3.2.2. Market Share & Forecast

5.3.2.2.1. By Product Type

5.3.2.2.2. By Animal

5.3.2.2.3. By End user

5.3.3. Australia Animal Parasiticides Market Outlook

5.3.3.1. Market Size & Forecast

5.3.3.1.1. By Value

5.3.3.2. Market Share & Forecast

5.3.3.2.1. By Product Type

5.3.3.2.2. By Animal

5.3.3.2.3. By End user

5.3.4. Japan Animal Parasiticides Market Outlook

5.3.4.1. Market Size & Forecast

5.3.4.1.1. By Value

5.3.4.2. Market Share & Forecast

5.3.4.2.1. By Product Type

5.3.4.2.2. By Animal

5.3.4.2.3. By End user

5.3.5. South Korea Animal Parasiticides Market Outlook

5.3.5.1. Market Size & Forecast

5.3.5.1.1. By Value

5.3.5.2. Market Share & Forecast

5.3.5.2.1. By Product Type

5.3.5.2.2. By Animal

5.3.5.2.3. By End user

6. Europe Animal Parasiticides Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Product Type

6.2.2. By Animal

6.2.3. By End user

6.2.4. By Country

6.3. Europe: Country Analysis

6.3.1. France Animal Parasiticides Market Outlook

6.3.1.1. Market Size & Forecast

6.3.1.1.1. By Value

6.3.1.2. Market Share & Forecast

6.3.1.2.1. By Product Type

6.3.1.2.2. By Animal

6.3.1.2.3. By End user

6.3.2. Germany Animal Parasiticides Market Outlook

6.3.2.1. Market Size & Forecast

6.3.2.1.1. By Value

6.3.2.2. Market Share & Forecast

6.3.2.2.1. By Product Type

6.3.2.2.2. By Animal

6.3.2.2.3. By End user

6.3.3. Spain Animal Parasiticides Market Outlook

6.3.3.1. Market Size & Forecast

6.3.3.1.1. By Value

6.3.3.2. Market Share & Forecast

6.3.3.2.1. By Product Type

6.3.3.2.2. By Animal

6.3.3.2.3. By End user

6.3.4. Italy Animal Parasiticides Market Outlook

6.3.4.1. Market Size & Forecast

6.3.4.1.1. By Value

6.3.4.2. Market Share & Forecast

6.3.4.2.1. By Product Type

6.3.4.2.2. By Animal

6.3.4.2.3. By End user

6.3.5. United Kingdom Animal Parasiticides Market Outlook

6.3.5.1. Market Size & Forecast

6.3.5.1.1. By Value

6.3.5.2. Market Share & Forecast

6.3.5.2.1. By Product Type

6.3.5.2.2. By Animal

6.3.5.2.3. By End user

7. North America Animal Parasiticides Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Product Type

7.2.2. By Animal

7.2.3. By End user

7.2.4. By Country

7.3. North America: Country Analysis

7.3.1. United States Animal Parasiticides Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Product Type

7.3.1.2.2. By Animal

7.3.1.2.3. By End user

7.3.2. Mexico Animal Parasiticides Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Product Type

7.3.2.2.2. By Animal

7.3.2.2.3. By End user

7.3.3. Canada Animal Parasiticides Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Product Type

7.3.3.2.2. By Animal

7.3.3.2.3. By End user

8. South America Animal Parasiticides Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Product Type

8.2.2. By Animal

8.2.3. By End user

8.2.4. By Country

8.3. South America: Country Analysis

8.3.1. Brazil Animal Parasiticides Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Product Type

8.3.1.2.2. By Animal

8.3.1.2.3. By End user

8.3.2. Argentina Animal Parasiticides Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Product Type

8.3.2.2.2. By Animal

8.3.2.2.3. By End user

8.3.3. Colombia Animal Parasiticides Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Product Type

8.3.3.2.2. By Animal

8.3.3.2.3. By End user

9. Middle East and Africa Animal Parasiticides Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Product Type

9.2.2. By Animal

9.2.3. By End user

9.2.4. By Country

9.3. MEA: Country Analysis

9.3.1. South Africa Animal Parasiticides Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Product Type

9.3.1.2.2. By Animal

9.3.1.2.3. By End user

9.3.2. Saudi Arabia Animal Parasiticides Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Product Type

9.3.2.2.2. By Animal

9.3.2.2.3. By End user

9.3.3. UAE Animal Parasiticides Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Product Type

9.3.3.2.2. By Animal

9.3.3.2.3. By End user

10. Market Dynamics

10.1. Drivers

10.2. Challenges

11. Market Trends & Developments

11.1. Recent Developments

11.2. Product Launches

11.3. Mergers & Acquisitions

12. Global Animal Parasiticides Market: SWOT Analysis

13. Porter’s Five Forces Analysis

13.1. Competition in the Industry

13.2. Potential of New Entrants

13.3. Power of Suppliers

13.4. Power of Customers

13.5. Threat of Substitute Product

14. Competitive Landscape

14.1. Eli Lilly and Company

14.1.1. Business Overview

14.1.2. Company Snapshot

14.1.3. Product & Services

14.1.4. Financials (In case of listed)

14.1.5. Recent Developments

14.1.6. SWOT Analysis

14.2. Merck and Co., Inc.

14.3. Bayer AG

14.4. Virbac Taiwan Co. Ltd.

14.5. Vetoquinol S.A.

14.6. Oceanic Pharmachem Pvt. Ltd.

14.7. Boehringer Ingelheim International GmbH

14.8. Intas Pharmaceuticals Ltd.

14.9. Erbe Elektromedizin GmbH

14.10.Conmed Corporation

14.11.Ammega Group BV

14.12.KLS Martin LP

15. Strategic Recommendations

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

What was the market size of the Global Animal Parasiticides Market in 2023?

The market size of the Global Animal Parasiticides Market was estimated to be USD 10.52 Billion in 2023.

What was the fastest growing product type segment of Global Animal Parasiticides Market in 2023?

In 2023, Ectoparasiticides grew with a rapid rate in the Global Animal Parasiticides Market. These chemical compounds target and eliminate external parasites, crucially protecting animal health and productivity while preventing substantial economic losses in agriculture and pet industries, making them indispensable in parasite management.

Who were the top players operating in the Global Animal Parasiticides Market in 2023?

Eli Lilly and Company, Merck and Co., Inc., Bayer AG were the top players operating in the Global Animal Parasiticides Market in 2023.

What are the major drivers for the Global Animal Parasiticides Market?

Rising pet ownership and increasing awareness of zoonotic diseases are the major drivers for the Global Animal Parasiticides Market.

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Press Release

Animal Parasiticides Market to Grow with a CAGR of 4.25% through 2029

May, 2024

Rising pet ownership and increasing awareness of zoonotic diseases are factors driving the Global Animal Parasiticides Market in the forecast period, 2025-2029.