February 16, 2021

Flea & Tick Products Market (2021): Huge Study, SWOT Analysis, Forecast to 2027

Industry Trends

Recent years have seen a significant increase in the prevalence of flea-and tick-borne diseases in animals. In addition to causing skin allergies and infections, ectoparasites also transmit several diseases, such as murine typhus, bubonic plague, rocky mountain, ehrlichiosis, lyme disease, spotted fever, tungiasis, tularemia, and anaplasmosis. According to the Centers for Disease Control and Prevention, tick-and flea-bite diseases tripled in the United States between 2004-2016, and more than 640,000 cases were reported. The report stated that in 2016 there were 96,075 cases of disease recorded, of which 26,203 were of lyme disease alone, while in 2015 the total number was close to 55,000. In April 2018, according to a study published in the journal ' Elsevier, around 80% of fleas collected from cats contained at least one organism that causes disease in cats or even human beings. Therefore, it is estimated that the increase in the number of pets infected with a variety of flea and tick-borne diseases and the consequent need for them to be handled would contribute to the growth of the studied market. In addition to the aforementioned factors, it is predicted that the increased awareness of animal health, various zoonotic diseases caused by flea and tick bites, and product innovation would propel the market studied over the forecast period.

On the basis of product, spot on segment dominated the market share. The liquid insecticide available in a tiny tube is spot on. The drug is applied directly to the skin, usually over or down the back of the shoulder blades. Deltamethrin, dinotefuran, fipronil, imidacloprid, indoxacarb, permethrin, pyriproxyfen, and selamectin can be the active ingredients. They can vary from one brand to another. The products contain neurotoxins that are specific to adult parasites. Some products also contain ingredients to prevent larvae from developing. The oily liquid, in which the medication is dissolved, helps spread the product over the surface of the skin, onto the sebaceous glands. The products can potentially kill and repel parasites. Hence the demand for this segment is expected to grow during the forecast period.

North America dominated the market due to the major demand contribution from the U.S. The factors contributing to the major share of the US flea and tick products market are rising adoption rates of companion animals, growing disposable income and rising per capita animal healthcare expenditure. In order to reduce the spread of these diseases and respond effectively to outbreaks, additional capacity at the state and local level is required by tracking, diagnosing and reporting cases, controlling mosquitoes and ticks and preventing new infections. However, growing awareness among pet owners about pet safety and the rise in product innovation, such as new formula releases, are some other major factors that drive the growth of the US flea and tick products market.

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Flea and Tick Product Market Revenue & Forecast, (US$ Million), 2015 – 2027:

Competitive Landscape

The report provides both, qualitative and quantitative research of flea and tick product market, as well as provides comprehensive insights and development methods adopted by the key contenders. The report also offers extensive research on the key players in this market and details on the competitiveness of these players. Key business strategies such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts adopted by these major market participants are also recognized and analysed in the report. For each company, the report studies their global presence, competitors, service offerings and specification amongst others.

Some of the primary market participants include: Merck Animal Health (Merck & Co., Inc.), Virbac Corporation, Ceva Sante Animale S.A., Bayer AG, Sergeant’s Pet Care Products, Inc., The Hartz Mountain Corporation, Ecto Development Corporation, Wellmark International, Inc., Merial Animal Health Limited, and Eli Lilly and Company.

Flea and Tick Product Market:

By Product Type: Oral Pills, Spray, Spot On, Powder, Shampoo, Collar

By Animal: Cats, DogsBy Geography: North America: (U.S, Canada, Mexico, Rest of North America)

Europe: (France, The UK, Spain, Germany, Italy)

Nordic Countries: (Denmark, Finland, Iceland, Sweden, Norway)

Benelux Union: (Belgium, The Netherlands, Luxembourg, Rest of Europe)

Asia Pacific:(China, Japan, India, New Zealand, Australia, South Korea)

Southeast Asia: (Indonesia, Thailand, Singapore)

Rest of Southeast Asia

Middle East and Africa: (Saudi Arabia, UAE, Egypt, South Africa, Rest of Middle East and Africa)

Latin America: (Brazil, Argentina, Rest of Latina America)

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