Press release
Tick Repellent Market Forecast 2024-2033 - Major Trends, Segments And Fastest Growing Regions | Merck & Co. Inc., Bayer AG, Boehringer International GmbH, S.C. Johnson & Son Inc
Tick Repellent Global Market Report 2024
As per the report, the tick repellent market size has grown strongly in recent years. It will grow from $0.83 billion in 2023 to $0.88 billion in 2024 at a compound annual growth rate (CAGR) of 6.0%. The tick repellent market size is expected to see strong growth in the next few years. It will grow to $1.12 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%.
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What Is Driving The Growth Of The Global Tick Repellent Market?
Rising Pet Ownership Drives Growth In The Tick-Repellent Market
The growth in pet ownership is expected to propel the growth of the tick repellent market going forward. Pet ownership is rising due to increased emotional companionship needs and the growing recognition of pets' positive impact on mental health. Tick repellents for pets are used to deter ticks from attaching to animals, providing protection against tick-borne diseases such as Lyme disease and Ehrlichiosis.
What Is The Key Trend In The Global Tick Repellent Market?
Enhancing Tick-Repellent Solutions Through Hydrogel-Time-Release (HTR) Technology
Major companies operating in the tick repellent market are focusing on developing advanced products, such as plant-based tick repellent, to gain a competitive edge in the market. A plant-based tick repellent is a substance derived from natural plant extracts that is used to deter ticks from attaching to humans or animals, offering protection against tick-borne diseases without the use of synthetic chemicals.
How Is The Global Tick Repellent Market Segmented?
The tick repellent market covered in this report is segmented -
1) By Type: Pills And Chewables, Topical Treatments, Other Types
2) By Distribution Channel: Modern Trade, Veterinary Clinics, Convenience Stores, Online Sales
3) By Application: Dogs, Cats, Other Applications
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How Is The Competitive Landscape Of The Global Tick Repellent Market?
Major companies operating in the tick repellent market are Merck & Co. Inc., Bayer AG, Boehringer International GmbH, S.C. Johnson & Son Inc., Zoetis Inc., Perrigo Company plc., Elanco Animal Health, FMC Global Specialty Solutions, Central Garden & Pet Company, Ceva Sante Animale S.A., Wellmark International Inc., Virbac Corporation, The Hartz Mountain Corporation, Penn Veterinary Supply Inc., Sergeant's Pet Care Products Inc., Central Life Sciences, Insect Shield LLC, AdvaCare Pharma, Ecto Development Corporation, Nantucket Spider, Fulltec GmbH, AtlanTick
Contents Of The Global Tick Repellent Market
1. Executive Summary
2. Tick Repellent Market Report Structure
3. Tick Repellent Market Trends And Strategies
4. Tick Repellent Market - Macro Economic Scenario
5. Tick Repellent Market Size And Growth
…..
27. Tick Repellent Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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