Animal Parasiticides Industry Report 2025-2034: Market Dynamics, Trends, And Forecasts

We've updated all our reports with current data on tariff changes, trade developments, and supply chain shifts affecting key industries.

What Is the Expected Animal Parasiticides Market Size During the Forecast Period?
The market for animal parasiticides has seen robust growth in recent years. It is projected to expand from $9.39 billion in 2024 to $10.15 billion in 2025, at a Compound Annual Growth Rate (CAGR) of 8.1%. The historical growth can be credited to factors such as disease epidemics, concerns over livestock productivity, an increase in pet keeping, government legislations, and progress in the field of veterinary medicine.

Projections indicate a solid escalation in the size of the animal parasiticides market within the next few years, potentially reaching $13.69 billion by 2029, boasting a compound annual growth rate (CAGR) of 7.8%. This projected expansion during the forecast period stems from factors like an upsurge in zoonotic diseases, a burgeoning population of companion animals, the proliferation of livestock farming, advancements in parasiticide formulations, and greater consciousness about animal health. Future trends in this market may involve the creation of long-acting formulas, progress in biologics and vaccines, the incorporation of nanotechnology in drug delivery, accurate dosing technologies, and digitally-enhanced tracking and monitoring systems.

Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=21098

What Are the High-Growth Segments in the Animal Parasiticides Market?
The animal parasiticides market covered in this report is segmented -

1) By Type: Endoparasticides, Ectoparasiticides, Endectocides
2) By Livestock: Swine, Poultry, Ovine, Bovine, Equine, Canine, Feline
3) By End User: Veterinary Clinics and Hospitals, Animal Farms, Home Care Settings

Subsegments:
1) By Endoparasiticides: Anthelmintics, Antiprotozoals, Anticestodals
2) By Ectoparasiticides: Insecticides, Acaricides, Larvicides
3) By Endectocides: Macrocyclic Lactones, Imidazothiazoles, Spinosyns

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=21098&type=smp

What Key Drivers Are Expected to Influence Future Animal Parasiticides Market Growth?
The escalation in the occurrence of zoonotic diseases is anticipated to foster the expansion of the animal parasiticides market. These infectious diseases, which can be transmitted from animals to humans, are caused by bacteria, viruses, parasites, or fungi. The increase in the incidence of these diseases is attributed to factors such as climate change, antibiotic resistance, inadequate sanitation, and hygiene. Animal parasiticides play a critical role in mitigating zoonotic diseases by managing parasites that serve as vectors or reservoirs for disease transmission between animals and humans. For example, the European Centre for Disease Prevention and Control, a UK-based governmental organization, reported that the number of confirmed brucellosis cases rose to 199 in 2022, an uptick from 165 cases in 2021, as of April 2024. Consequently, the escalating incidence of zoonotic diseases is stimulating the growth of the animal parasiticides market.

Which Companies Hold the Largest Share Across Different Animal Parasiticides Market Segments?
Major companies operating in the animal parasiticides market are Merck & Co. Inc., Bayer AG, Sanofi SA, Boehringer Ingelheim GmbH, Zoetis Inc., Elanco Animal Health Inc., Ceva Sante Animale S.A., Virbac SA, Dechra Pharmaceuticals plc, Phibro Animal Health Corporation, Vetoquinol SA, Norbrook Laboratories Limited, Neogen Corporation, Indian Immunologicals Ltd., Krka dd Novo Mesto, Bimeda Inc., The Chanelle Group, ECO Animal Health Group plc, Zydus Animal Health and Investments Ltd., Kyoritsu Seiyaku Corporation

What Animal Parasiticides Market Trends Are Gaining Traction Across Different Segments?
Leading entities involved in the animal parasiticides industry are concentrating on creating innovative solutions such as combination treatment to boost effectiveness, extend the scope of parasite management, minimize resistance development, and enhance convenience and adherence for pet owners and livestock managers. Combination treatment involves the utilization of two or more active agents having distinct operational mechanisms to counter or prevent a disease, enhancing effectiveness and lowering the probability of resistance. For example, Zoetis Inc., an animal health organisation based in the US, received approval for a new label indication of Simparica Trio from the FDA in January 2022, which affirms its efficacy in stopping Borrelia burgdorferi infections by pinpointing and abolishing Ixodes scapularis vector ticks. This groundbreaking chewable tablet provides inclusive safeguards by efficiently eliminating Ixodes scapularis ticks, the primary carriers of Lyme disease, before they can spread the infection. Its triple-action composition delivers all-inclusive parasite management, attacking fleas, ticks, heartworms, roundworms, and hookworms via a single monthly dose.

Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/animal-parasiticides-global-market-report

What Are the Emerging Geographies for The Animal Parasiticides Market Growth?
North America was the largest region in the animal parasiticides market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the animal parasiticides market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Animal Parasiticides Market?
2. What is the CAGR expected in the Animal Parasiticides Market?
3. What Are the Key Innovations Transforming the Animal Parasiticides Industry?
4. Which Region Is Leading the Animal Parasiticides Market?

Why This Report Matters:

Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.

Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.

Efficient Research: Quickly identify market growth, leading players, and major segments.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.