Report Code : CVMI24071743 | Published Date : July 16, 2024
The global animal parasiticides market was valued at USD 9.1 billion in 2023 and is projected to grow at a CAGR of 7.9% through 2031, reaching USD 16.5 billion. This growth is driven by:
- Climate change is expanding the habitats of parasites, with ticks and mosquitoes now active for an additional three months annually)
- Zoonotic disease threats: Lyme disease cases in pets have increased by 40% 2020)
- Regulatory mandates: USDA now requires parasite control for livestock imports)
Product Segmentation:
- Topical Treatments (45% market share)
- Oral Medications (XX%)
- Injectable Solutions (XX%)
- Collars/Sprays (5%)
Key Parasite Targets:
- Ticks (45% of vet-recommended treatments)
- Heartworm (XX%)
- Intestinal worms (XX%)
Growth Drivers
1. Expanding Parasite Threats
- The Lone Star tick has spread to 12 new U.S. states since 2018
- Drug-resistant hookworms detected in 40% of the U.S shelters
2. Pet Humanization Trend
- Eighty-five percent of owners now prioritize monthly preventatives
- The "pets as family" mentality drives premium products demand
3. Livestock Industry Demands
- USDA mandates cattle to be parasite-free imports
- Dairy farms incur $3 billion in losses each year due to liver issues flukes
4. Novel Drug Formulations
- Zoetis' Simparica Trio protects against five parasites in one convenient treatment chew
- 6-month injectable heartworm preventives in development
Regional Analysis
Region |
Market Share |
Key Concern |
North America |
38% |
Lyme disease expansion |
Europe |
XX% |
Sheep nematode resistance |
Asia-Pacific |
XX% |
Canine heartworm epidemic |
Latin America |
XX% |
Tropical tick-borne diseases |
Middle East and Africa |
XX% |
Content |
Case Study:
Merck's Bravecto reduced tick infestations by 92% in Brazil dogs
Competitive Landscape
Top 5 Players:
- Zoetis (30% share) - Simparica Trio (over USD 1 billion annually) sales)
- Boehringer Ingelheim (XX%) - NexGard flea/tick chews
- Merck Animal Health (XX%) - Bravecto 12-Week protection
- Elanco (15%) - Interceptor Plus heartworm prevention
- Virbac (XX%) - Parastar Plus topical for resistance ticks
Recent Developments:
- FDA approval for first generic heartworm preventative (2024)
- EU ban on certain organophosphates (2023)
Reasons To Buy

Scope

Key Players
- Bayer AG
- Zoetis Inc.
- Merck & Co. Inc.
- Elanco Animal Health
- Boehringer Ingelheim
Global Animal Parasiticides Market Report
- 1. Global Animal Parasiticides Market Research Report
- 1.1 Study Objectives
- 1.2 Global Animal Parasiticides Market - Overview
- 1.3 Reason to Read This Report
- 1.4 Methodology and Forecast Analysis
- 2.1 Global Animal Parasiticides Market Research Report – Detailed Scope and Definitions
- 2.1.1 By Product Type
- 2.1.2 By Animal Type
- 2.1.3 By End User
- 2.1.4 By Region
- 3.1. Drivers - Macro-Economic Based, Supply Side, and Demand Side Drivers
- 3.2. Restraints – By Product Type, By Animal Type, By End User, By Country
- 3.3. Opportunities – By Product Type, By Animal Type, By End User, By Country
- 3.4. Trends – By Product Type, By Animal Type, By End User, By Country
- 3.5. PEST Analysis
- 3.6. Porters Five Rule Analysis
- 3.7. Company’s Share Analysis (CSA) by Region or By Country
- 3.8. Global Animal Parasiticides Market Research Report – DROTs Impact Analysis
- 4.1. Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 4.2. Annual Market Trend Assessment – Year-on-Year (YoY) Growth Analysis (%)
- 4.3. Incremental Market Value/Volume Opportunity between 2019 - 2023 and 2024 - 2031
- 4.4. Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.1 Ectoparasiticides
- 5.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.2 Endoparasiticides
- 5.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.3 Endectocides
- 5.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.1 Companion Animals
- 6.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.2 Livestock
- 6.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 7.1 Veterinary Hospitals
- 7.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 7.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 7.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 7.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 7.2 Veterinary Clinics
- 7.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 7.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 7.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 7.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 7.3 Pharmacies
- 7.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 7.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 7.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 7.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 7.4 Online Channels
- 7.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 7.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 7.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 7.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.1 North America
- 8.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.2 Europe
- 8.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.3 Asia-Pacific
- 8.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.4 Latin America
- 8.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.5 Middle East & Africa
- 8.5.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.5.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.5.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.5.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.6 Global Animal Parasiticides Market - Opportunity Analysis Index, By Product Type, By Animal Type, By End User, and Region, 2024 - 2031
- 9.1 By Product Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 9.1.1 Ectoparasiticides
- 9.1.2 Endoparasiticides
- 9.1.3 Endectocides
- 9.2.1 Companion Animals
- 9.2.2 Livestock
- 9.3.1 Veterinary Hospitals
- 9.3.2 Veterinary Clinics
- 9.3.3 Pharmacies
- 9.3.4 Online Channels
- 9.4.1 United States
- 9.4.2 Canada
9.6 Regional Trends Analysis
9.7 North America Global Animal Parasiticides Market Research Report - Company Profiles- 9.7.1 Company 1 (United States)
- 9.7.2 Company 2 (Canada)
- 9.7.3 Company 3 (Canada)
- 10.1 By Product Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 10.1.1 Ectoparasiticides
- 10.1.2 Endoparasiticides
- 10.1.3 Endectocides
- 10.2.1 Companion Animals
- 10.2.2 Livestock
- 10.3.1 Veterinary Hospitals
- 10.3.2 Veterinary Clinics
- 10.3.3 Pharmacies
- 10.3.4 Online Channels
- 10.4.1 Germany
- 10.4.2 United Kingdom
- 10.4.3 France
- 10.4.4 Spain
- 10.4.5 Italy
- 10.4.6 Russia
- 10.4.7 Netherlands
- 10.4.8 Poland
- 10.4.9 Rest of Europe
10.6 Regional Trends Analysis
10.7 Europe Global Animal Parasiticides Market Research Report - Company Profiles- 10.7.1 Company 1 (Germany)
- 10.7.2 Company 2 (United Kingdom)
- 10.7.3 Company 3 (United Kingdom)
- 11.1 By Product Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 11.1.1 Ectoparasiticides
- 11.1.2 Endoparasiticides
- 11.1.3 Endectocides
- 11.2.1 Companion Animals
- 11.2.2 Livestock
- 11.3.1 Veterinary Hospitals
- 11.3.2 Veterinary Clinics
- 11.3.3 Pharmacies
- 11.3.4 Online Channels
- 11.4.1 China
- 11.4.2 Japan
- 11.4.3 India
- 11.4.4 South Korea
- 11.4.5 Australia & NZ
- 11.4.6 ASEAN
- 11.4.7 Rest of Asia-Pacific
11.6 Regional Trends Analysis
11.7 Asia-Pacific Global Animal Parasiticides Market Research Report - Company Profiles- 11.7.1 Company 1 (China)
- 11.7.2 Company 2 (Japan)
- 11.7.3 Company 3 (Japan)
- 12.1 By Product Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 12.1.1 Ectoparasiticides
- 12.1.2 Endoparasiticides
- 12.1.3 Endectocides
- 12.2.1 Companion Animals
- 12.2.2 Livestock
- 12.3.1 Veterinary Hospitals
- 12.3.2 Veterinary Clinics
- 12.3.3 Pharmacies
- 12.3.4 Online Channels
- 12.4.1 Brazil
- 12.4.2 Mexico
- 12.4.3 Argentina
- 12.4.4 Peru
- 12.4.5 Colombia
- 12.4.6 Rest of Latin America
12.6 Regional Trends Analysis
12.7 Latin America Global Animal Parasiticides Market Research Report - Company Profiles- 12.7.1 Company 1 (Brazil)
- 12.7.2 Company 2 (Mexico)
- 12.7.3 Company 3 (Mexico)
- 13.1 By Product Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 13.1.1 Ectoparasiticides
- 13.1.2 Endoparasiticides
- 13.1.3 Endectocides
- 13.2.1 Companion Animals
- 13.2.2 Livestock
- 13.3.1 Veterinary Hospitals
- 13.3.2 Veterinary Clinics
- 13.3.3 Pharmacies
- 13.3.4 Online Channels
- 13.4.1 Saudi Arabia
- 13.4.2 UAE
- 13.4.3 South Africa
- 13.4.4 Egypt
- 13.4.5 Israel
- 13.4.6 Rest of Middle East and Africa
13.6 Regional Trends Analysis
13.7 Middle East & Africa Global Animal Parasiticides Market Research Report - Company Profiles- 13.7.1 Company 1 (Saudi Arabia)
- 13.7.2 Company 2 (UAE)
- 13.7.3 Company 3 (UAE)
- 14.1 Strategic Dashboard of Top Market Players
14.2 Company Profiles (Introduction, Financial Assessments, Portfolio of Offerings, Milestones and Achievements, Strategic Initiative, and SWOT Analysis)- 14.2.1 Bayer AG
- 14.2.2 Zoetis Inc.
- 14.2.3 Merck & Co. Inc.
- 14.2.4 Elanco Animal Health
- 14.2.5 Boehringer Ingelheim
16. Principal Presumptions and Acronyms