Market Size of Flea And Tick Product Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 7.40 Billion |
Market Size (2029) | USD 11.5 Billion |
CAGR (2024 - 2029) | 9.32 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Flea and Tick Product Market Analysis
The Flea And Tick Product Market size is estimated at USD 7.40 billion in 2024, and is expected to reach USD 11.5 billion by 2029, growing at a CAGR of 9.32% during the forecast period (2024-2029).
The market is poised for rapid growth due to increasing pet ownership, concerns about zoonotic diseases, and the growing prevalence of flea and tick-borne illnesses.
The high burden of flea and tick diseases is expected to increase demand for treatment and is anticipated to contribute to the studied market’s growth during the forecast period. For instance, the Animal Health Institutes reported in November 2022 that they expected more flea and tick disease outbreaks in 2022. Thus, such an outbreak is expected to lead to increased flea and tick treatment demand, which is anticipated to contribute to the market’s growth over the projected period.
Public and private organizations promote understanding and prevention measures for animal zoonotic diseases globally. Several dedicated platforms and associations regularly spread awareness about pet animal health and preventing flea- and tick-transmitted diseases. For instance, in March 2024, PetIQ, Inc. launched NextStar, a 30-day topical protection, to mark the beginning of the flea and tick season. NextStar stands out as the fastest-acting solution, aiming to educate pet owners about the importance of year-round prevention. By staying proactive, pet parents can safeguard their furry companions from seasonal infestation spikes, ensuring both their pets and the cherished moments they share remain protected.
Furthermore, in February 2022, the United Kingdom Health Security Agency introduced a 'Be Tick Aware' to raise awareness about the country's potential dangers of ticks and tick-borne diseases. This tick awareness toolkit is designed to support the implementation of locally driven initiatives to inform the public about tick risks. It is available for use by local authorities and other interested parties to educate residents and visitors about tick dangers. The growing trend of pet adoption is predicted to drive the market for flea and tick products, as the expanding pet population and high prevalence of flea and tick-borne diseases are expected to contribute to the market's growth.
The product launches by the industry players are expected to increase access to these products, thereby boosting the market’s growth. For instance, in January 2022, Zoetis received FDA approval for Simparica Trio. This chewable tablet is the first and only combination product proven to avert infections that may result in Lyme disease.
Therefore, the market for flea and tick treatments is expected to grow during the analysis period. This growth is driven by an anticipated increase in flea and tick disease outbreaks, coupled with rising public awareness of these threats. However, potential barriers to market growth include the side effects associated with treatment and the availability of counterfeit pesticide products for pets.
Flea and Tick Product Industry Segmentation
As per the scope of this report, flea and tick products refer to various chemicals, drugs, and equipment that prevent the infestation of fleas and ticks in animals and cure the diseases caused by those parasites.
The flea and tick product market is segmented by product, animal, and geography. By product, the market is segmented as oral pill, spray, spot-on, powder, shampoo, collar, and other products. By animal, the market is segmented as dogs, cats, and other animals. By geography, the market is segmented as North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value (in USD) for the above segments.
By Product | |
Oral Pill | |
Spray | |
Spot On | |
Powder | |
Shampoo | |
Collar | |
Other Products |
By Animal | |
Dog | |
Cat | |
Other Animals |
By Geography | ||||||||
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Flea And Tick Product Market Size Summary
The flea and tick product market is poised for significant growth over the forecast period, driven by increasing pet adoption and heightened awareness of zoonotic diseases. The market experienced a mild setback during the COVID-19 pandemic due to restrictions on veterinary services, which temporarily hindered access to flea and tick treatments. However, the post-pandemic recovery has seen a resurgence in veterinary care, facilitating market expansion. The rising prevalence of flea- and tick-transmitted diseases, coupled with public and private initiatives to raise awareness about pet health, is expected to further propel market growth. The demand for flea and tick control products is particularly strong in developed regions, where the pet dog population is on the rise, and innovative product launches continue to enhance market offerings.
North America is anticipated to be a key growth region, supported by increasing pet adoption rates, rising disposable incomes, and substantial spending on animal healthcare. The region's market growth is further bolstered by the growing popularity of pet insurance and ongoing product innovations. The competitive landscape of the flea and tick product market is characterized by the presence of several global and regional players, including Ceva, Elanco, Virbac, Boehringer Ingelheim, and Zoetis Inc. These companies are actively involved in product development and regulatory approvals to meet the evolving needs of pet owners. As a result, the market is expected to witness robust growth, driven by both demand and supply-side factors.
Flea And Tick Product Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 High Prevalence of Flea- and Tick-transmitted Diseases in Animals
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1.2.2 Growing Awareness about Zoonotic Diseases
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1.2.3 Increasing Pet Adoption
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1.3 Market Restraints
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1.3.1 Side Effects Associated with the Treatment
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1.3.2 Availability of Counterfeit Pesticide Products for Pets
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value - USD)
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2.1 By Product
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2.1.1 Oral Pill
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2.1.2 Spray
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2.1.3 Spot On
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2.1.4 Powder
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2.1.5 Shampoo
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2.1.6 Collar
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2.1.7 Other Products
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2.2 By Animal
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2.2.1 Dog
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2.2.2 Cat
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2.2.3 Other Animals
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2.3 By Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.2 Europe
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2.3.2.1 Germany
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2.3.2.2 United Kingdom
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2.3.2.3 France
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2.3.2.4 Italy
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2.3.2.5 Spain
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2.3.2.6 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 China
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2.3.3.2 Japan
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2.3.3.3 India
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2.3.3.4 Australia
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2.3.3.5 South Korea
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2.3.3.6 Rest of Asia-Pacific
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2.3.4 Middle East and Africa
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2.3.4.1 GCC
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2.3.4.2 South Africa
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2.3.4.3 Rest of Middle East and Africa
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2.3.5 South America
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2.3.5.1 Brazil
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2.3.5.2 Argentina
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2.3.5.3 Rest of South America
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Flea And Tick Product Market Size FAQs
How big is the Flea And Tick Product Market?
The Flea And Tick Product Market size is expected to reach USD 7.40 billion in 2024 and grow at a CAGR of 9.32% to reach USD 11.5 billion by 2029.
What is the current Flea And Tick Product Market size?
In 2024, the Flea And Tick Product Market size is expected to reach USD 7.40 billion.