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Flea & Tick Products Market research highlights growth trends over the next few years

01-06-2021 07:50 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent market insights

Flea and tick products

Flea and tick products

Flea and tick products are pesticides, growth inhibitors or repellents used to treat or prevent flea and tick infestations in animals such as dogs and cats. Fleas causes itching and allergic reaction that results in anemia in animals and ticks transmits infections such as Lyme disease. An increase in awareness of the diseases transmitted by fleas such as bubonic plague, murine typhus and by ticks such as ehrlichiosis, Rocky Mountain spotted fever, Lyme disease and anaplasmosis among others is propelling the growth of this market.

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According to the Centers for Disease Control and Prevention, reported cases of Lyme disease in the U.S. in 2016 were 26,203. Furthermore, rising trend in adoption of pets along with an increase in the number of consumers purchasing pet care products is driving the flea and tick products. For instance, according to The European Pet Food Industry Federation, total value of pet related products and services in 2014 in Europe was US$ 18.49 billion which increased to US$ 19.72 billion in 2016. The development of innovative flea and tick products by various manufacturers is increasing the growth of this market. For instance, in January 2017, Pets Essential Products launched Chicken and Sweet Potato Jerky treat, which is a natural treat to prevent fleas and ticks in dogs and cats.

Flea and Tick Products Market Taxonomy

Based on product type, flea and tick products market is segmented into:
Oral Pill
Powder
Spray
Collar
Spot on
Shampoo
Others

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Key players operating in the global flea and tick products market are Bayer AG, Virbac SA, Merck & Company, Inc., Ecto Development Corporation, Boehringer Ingelheim GmbH, Eli Lilly and Company, MSD & Co. Inc., Novartis International AG, Pet Industry Experts LLC, Zoetis, Inc., and Promika, LLC.

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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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