Press release
Flea And Tick Products Market to Discern Steadfast Expansion During 2024 - 2031 | Virbac SA, Merck & Company, Inc., Ecto Development Corporation
Flea And Tick Products Market
Flea and tick products are used to protect pets from fleas, ticks, and other parasites. This includes spot-ons, sprays, shampoos, collars, and powders. Flea and tick products help treat infestations and protect pets on an ongoing basis.
Market Dynamics:
The growth of the flea and tick products market is driven by rising pet adoption rates globally. According to the American Pet Products Association (APPA), around 70 million American households own at least one pet, with the total number of pets at around 90 million dogs and 118 million cats. Additionally, changing lifestyles and growing nuclear families are resulting in more people acquiring pets for companionship, which is fueling market growth. Furthermore, increasing awareness about pet care and rise in disposable incomes is also contributing to the market expansion. However, the high cost of branded flea and tick products and availability of alternative medicines may hinder the market growth over the forecast period.
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Major Driver: Increasing Pet Ownership in Developed Nations is Driving Demand for Flea and Tick Products
As pet ownership continues to rise in developed nations such as the United States, the United Kingdom, and countries in Western Europe, the demand for flea and tick prevention products is following an upward trajectory. According to the American Pet Products Association, around 67% of households in the United States own a pet, whether that's a dog, cat, or other small animal. With increasing pet ownership comes more responsibility from owners to provide proper care, which includes regular grooming, flea/tick prevention, and other tools needed to keep pets healthy, comfortable, and parasite-free. Families are increasingly viewing pets as valued members of the household and are willing to spend more on quality products and services. This increased awareness about pet wellness combined with easy availability of various flea and tick prevention options both from veterinary clinics and online/retail channels is serving to bolster the consumption of these products.
Major Driver: Growing Awareness about Zoonotic Diseases Drive Uptake of Preventive Measures including Flea and Tick Products
There is greater awareness today compared to past decades about zoonotic diseases - those that can be transmitted from animals to humans. Diseases such as Lyme disease, transmitted through ticks, and plague transmitted through fleas are particularly concerning for public health officials. This has created demand for measures to control parasites that can harbor or transmit such diseases. Homes, yards, and kennels are spraying pesticides more frequently and using spot-on, collar, and oral flea and tick medications for pets more judiciously. Veterinarians are playing a significant role in educating pet owners about risks of zoonotic diseases and importance of year-round parasite prevention. Regulatory bodies also participate in boosting awareness through information campaigns. The collective effect of these efforts has been greater demand for reliable flea and tick products that protect both pets and families from cross-species transmission of disease.
Major Opportunity: Growth of Pet Herbal Supplements and Natural Flea and Tick Remedies
As concerns persist over chemical safety in mainstream flea and tick products, there exists a sizable opportunity for natural and herbal alternatives. Small, independent companies specializing in plant-based pet care remedies have experienced significant growth in recent years through appealing to owners interested in toxin-free options. Studies have shown various essential oils (such as cinnamon, geraniol and cedarwood), herbs (rosemary, citronella, neem), botanical extracts and natural compounds can effectively repel or kill fleas, ticks and even mosquitoes when formulated properly. Manufacturers that demonstrate natural solutions are as good as topical solutions through clinical research data and transparent sourcing will attract more customers. The growing appeal of alternative remedies may push mainstream brands to explore supplementing their portfolio with plant-derived or lower-risk products. Overall, this represents significant market potential as natural products gain mainstream credibility and distribution.
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Top Companies Featured in This Report:
β Virbac SA
β Merck & Company Inc.
β Ecto Development Corporation
β Boehringer Ingelheim GmbH
β Eli Lilly and Company
β MSD & Co. Inc.
β Novartis International AG
β Pet Industry Experts LLC
β Zoetis Inc.
β Promika LLC.
Market Segmentation:
By Product Type:
β Oral Pill
β Powder
β Spray
β Collar
β Spot on
β Shampoo
β Cat
β Dog
β Convenience Stores
β Hypermarket
β Supermarket
β Specialty Stores
β Online Stores
β Others
Key Regions/Countries Classified as Follows:
Β» North America (U.S., Canada, Mexico)
Β» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
Β» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
Β» South America (Brazil, Argentina, Rest of SA)
Β» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
Key Inquiries Addressed in this Report include:
π What was the size of the Flea And Tick Products Market in 2024, and what is the projected value by 2031?
π What is the present global market landscape for the Flea And Tick Products Market?
π What strategies offer optimal opportunities for growth maximization in the business?
π What recent trends are shaping the Flea And Tick Products Market?
π How does the market share of Flea And Tick Products Market revenue, sales, and size vary across specific geographical regions?
π Who are the prominent industry players in the Flea And Tick Products Market?
π Which segment of the Flea And Tick Products Market is experiencing heightened demand?
The report also delves into the competitive landscape, key players, trade patterns, industry value chain, recent news, policies, and regulations. Should you have any inquiries or require customization options, please don't hesitate to contact us.
In summary, whether you're engaged in manufacturing, distribution, or investment within the Flea And Tick Products sector, this report furnishes invaluable insights into market segments, drivers, challenges, investment prospects, regional dynamics, major players, growth strategies, prevailing trends, and hurdles influencing the industry's expansion.
π Request For Customization at: @ https://www.coherentmarketinsights.com/insight/request-customization/1406
Author Bio:
Priya Pandey is a dynamic and passionate editor with over three years of expertise in content editing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes editing documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement.
(LinkedIn- https://www.linkedin.com/in/priya-pandey-8417a8173/)
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