The global flea and tick product market is anticipated to grow at a CAGR of 6.5% during the forecast period (2022-2028). Fleas are small insects that are parasitic and feed on blood from animals or people. Ticks are a type of arachnid (such as spiders, scorpions, and mites) that are also parasitic. Lyme disease is one of the harmful diseases found in pets, which is spread by ticks. These infected pets can be responsible for the spread of ticks into the human environment, which can lead to illness from tick bites. Flea and tick products range from pills and chew given by mouth to collars, sprays, dips, shampoos, powders, and spot-on, liquid products squeezed onto the dog’s or cat’s skin usually between the shoulder blades or down the back. The spread of bacterial disease and parasites such as roundworms and tapeworms are carried by fleas.
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The growing need to stop the spread of infection which can lead to illness and discomfort in pets signifies an increase in taking steps such as pest control, and also there are several repellents, insect killers, as well as growth inhibitors that are available commercially within the market to protect pets from flea and tick bites. These are some factors that are driving the growth of the global flea and tick product market. Additionally, the rising pet adoption and willingness to spend on their pet animals for treatment of flea, tick, and heartworm diseases coupled with increasing awareness about pet parasitism further accelerates the growth of the market. However, the side effects associated with the treatment and availability of the same low-quality pesticides at low-cost restrains the growth of the market.
Some major players in the market include Zoetis Inc., Merck & Co. Inc., and Virbac SA, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, in January 2022, Zoetis received approval from the USFDA for Simpatico Trio, a chewable tablet. Simpatico Trio is the first and only combination product demonstrated to prevent infections that may cause Lyme disease. Additionally, in May 2021, Elanco Animal Health introduced the first oral flea and tick product for cats, Credelio CAT. Credelio Cat starts killing fleas on cats within 6 hours.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Zoetis Inc., Merck & Co. Inc., and Virbac SA, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Flea and Tick Product Market Report by Segment
By Type
- Oral Pill
- Spray
- Spot On
- Powder
- Shampoo
- Collar
- Others
By Animal
- Dog
- Cat
- Others
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