Flea and Tick Products Market Share & Growth | Forecast 2031
Flea and Tick Products Market Share & Growth | Forecast 2031
Segments - Flea and Tick Products Market by Product Types (Oral Pill, Spray, Spot On, Powder, Shampoo, Collar, and Others), Animals (Dogs, Cats, and Others), Distribution Channels (Online, Offline), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) Forecast, 2023-2031
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| Report ID :CG-193
| 4.5 Rating
| 70 Reviews
| 145 Pages
| Format :
Report Description
The global flea and tick products market size was valued at USD 6.20 Billion in 2022 and is likely to reach USD 13.83 Billion by 2031, expanding at a CAGR of 9.32% during 2023 – 2031. Flea treatments are used to treat flea infestations in animals. The prevalence of flea- and tick-borne diseases in animals has been rising in the recent years. Ectoparasites is a flea- and tick-borne diseases which is not only causes skin allergies and infections, but also transmit several diseases, such as murine typhus, lyme disease, ehrlichiosis, tularemia, rocky mountain spotted fever, tungiasis, bubonic plague, and anaplasmosis. According to the Centers for Disease Control and Prevention, the prevalence of diseases caused by tick and flea bites has increased in the US. Flea and tick bites are painful and irritating and cause a variety of diseases including anaplasmosis, babesiosis, and ehrlichiosis.
Market Trends, Drivers, Restraints, and Opportunities:
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Rise in government initiatives, which are mainly focused on increasing awareness related to prevention of flea and tick diseases is fueling the market growth of the flea and tick market.
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Increase in pet adoption and preparedness to spend on their pets for the treatment of flea and tick diseases and rise in awareness about pet parasitism are anticipated to drive the market.
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High cost of flea and tick products and adverse reaction in animals after their usage is creating hurdles for the penetration of some of the products.
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Growth of the flea and tick products market has been hampered due to the COVID-19, which has disturbed the supply chain and manufacturing activities.
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Fluctuations in raw material prices are likely to impede the market.
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Rising awareness about the health of animals is expected to boost the flea and tick products market during forecast period.
Scope of the report:
The report on the global flea and tick products market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
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Attributes |
Details |
| Report Title | Flea and Tick Products Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Regional Scope |
Asia Pacific, North America, Europe, Latin America, and Middle East & Africa |
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Report Coverage |
Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities and revenue forecast |
Flea and Tick Products Market Segment Insights:
Spot on segment is accounted for dominant share of the market
On the basis of product types, the market can be segregated into oral pill, spray, spot on, powder, shampoo, collar, and others. The spot on segment accounts for a large share of the market, as it is easily available and is an effective treatment. Spot on products are used for topical application as it is easy and convenient as compared to other flea, tick, and heartworm products. Furthermore, increase in penetration of oral chewable ectoparasiticide tablets in the market to control fleas and ticks in the companion animals. Increase in the innovation in spot on products by market players is fueling segment growth.
Dogs segment accounts for a dominant share of the market
Based on animals, the flea and tick products market can be classified as dogs, cats, and others. The dogs segment accounted a large share of the market and is anticipated to expand during the forecast period. The soft and lustrous fur of cats and dogs provides an ideal environment for fleas and ticks. Fleas and ticks feed on the pet's blood and cause health problems including allergic reactions, serious tick-borne illnesses. Fleas and ticks are more common during the warmer months. As a result, a varied line of products has been introduced in the market.
North America constituted a dominant share of the global market
In terms of regions, the global flea and tick products market can be segmented into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. North America accounts for a large share of the market, due to the increase in the adoption of pets, rising per capita animal healthcare expenditure, and growing disposable income. However, the market in Europe is anticipated to expand during the in forecast period.
Segments
By Product Types
- Oral Pill
- Spray
- Spot On
- Powder
- Shampoo
- Collar
- Others
By Animals
- Dogs
- Cats
- Others
By Distribution Channels
- Online
- Offline
By Regions
- North America
- Europe
- Latin America
- Asia Pacific
- Middle East & Africa
Competitive Landscape
Key players in the flea and tick products market includes Bayer AG, Ecto Development Corporation, Schering-Plough, Intervet Inc., Virbac, BoehringerIngelheim International GmbH., Zoetis, Bioveta, a.s., Elanco, Merck and Co., Inc, The Hartz Mountain Corporation, Zoetis, Promika, LLC, Sergeant’s Pet Care Products, Inc., Ceva, and Adams. Mergers & acquisitions, collaborations, agreements, and partnerships are some growth strategies adopted by these players to strengthen their geographical presence.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Flea and Tick Products Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Flea and Tick Products Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Flea and Tick Products Market - Supply Chain
4.5. Global Flea and Tick Products Market Forecast
4.5.1. Flea and Tick Products Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Flea and Tick Products Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Flea and Tick Products Market Absolute $ Opportunity
5. Global Flea and Tick Products Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Flea and Tick Products Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Flea and Tick Products Demand Share Forecast, 2019-2026
6. North America Flea and Tick Products Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Flea and Tick Products Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Flea and Tick Products Demand Share Forecast, 2019-2026
7. Latin America Flea and Tick Products Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Flea and Tick Products Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Flea and Tick Products Demand Share Forecast, 2019-2026
8. Europe Flea and Tick Products Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Flea and Tick Products Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Flea and Tick Products Demand Share Forecast, 2019-2026
9. Asia Pacific Flea and Tick Products Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Flea and Tick Products Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Flea and Tick Products Demand Share Forecast, 2019-2026
10. Middle East & Africa Flea and Tick Products Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Flea and Tick Products Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Flea and Tick Products Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Flea and Tick Products Market: Market Share Analysis
11.2. Flea and Tick Products Distributors and Customers
11.3. Flea and Tick Products Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
Methodology
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