Market Insights
Fleas and ticks are parasites that cause discomfort and illness in pets, which can affect humans too. Fleas and ticks can be easily controlled by the use of safe and effective products or by keeping animals far from places where fleas and ticks thrive. Tick bites are irritating and painful, and the variety of diseases they transmit include anaplasmosis, babesiosis, ehrlichiosis, etc. Ticks prefer moist, dark, and bushy areas to lay eggs.
The global flea and tick product market is estimated to witness growth in the upcoming years, mainly due to the increasing concerns of pet owners about providing adequate healthcare treatment to their pets. An increase in disposable income that enables one to provide the desired treatment to pets, coupled with a change in behavior and attitude among pet owners over the past few years, is fueling the growth of demand for flea and tick products across the world. Other drivers for the flea and tick product market include government initiatives for the welfare of animal health as well as increasing consumer awareness for health issues such as preventing close proximity from infected pets, tick bites, and transmittable diseases. Moreover, distribution channels such as superstores and vet stores are expanding, which, coupled with the rising likelihood of companionship with pets and the increasing trend of pet business by attending pet shows, etc., is expected to accelerate the flea and tick product market.
On the basis of type, the global flea and tick product market is subdivided into the oral pill, spray, spot-on, powder, shampoo, collar, and others. Among these, “Spot On” is in high demand due to its rapid action and effectiveness. By distribution channel, the same market is segmented into vet stores, pet superstores, mass merchandisers, and online channels. Based on pet type, the flea and tick product market is segmented into dogs, cats, and others such as mice and rats. Due to the easy availability of animal care products, vet stores dominated the distribution channel in 2017. Dogs, on the other hand, have had more flea and tick applications than any other pet animal. These segments are anticipated to continue to lead the market during the forecast period. However, the presence of fake products at a discounted rate compared to actual products is expected to hamper the growth of the flea and tick product market.
By geography, the global flea and tick product market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. North America is leading the flea and tick products market, with major contributions from the U.S. This is mainly attributed to rising pet adoption and high expenditure for pets, which are expected to continue to dominate the flea and tick product market. Because of the growing interest in owning pets, Asia Pacific is expected to closely follow North America. In addition to this, Europe is also anticipated to continue to grow in the upcoming years, mainly due to the presence of prominent animal healthcare product manufacturers. Germany accounts for a larger share of the European flea and tick market.
The global flea and tick product market is segmented as below:
By Type
- Oral Pill
- Spray
- Spot On
- Powder
- Shampoo
- Collar
- Others (drops, injections, dips)
By Distribution
- Vet Store
- Pet Superstore
- Mass Merchandiser
- Online Channel
By type of pet
- Dog
- Cat
- Others (mice, rabbits)
By Geography
- North America
- Europe
- Germany
- France
- Italy
- U.K.
- Russia
- Rest of Europe
- Asia-Pacific
- India
- China
- Japan
- Rest of Asia-Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East and Africa
- GCC Countries
- South Africa
- Rest of Middle East and Africa
Key players across the global flea and tick product market value chain are:
Merck Animal Health, Sergeant’s Pet Care Products Inc., Wellmark International Inc., The Hartz Mountain Corp., Bayer AG, Ceva Sante Animale S.A., Merial Animal Health Ltd., Ecto Development Corp., and Eli Lilly and Co., among others.
This report offers the following:
- Assessment of global flea and tick product market trends for the period 2016–2026
- Historical (past) information for 2016 and 2017 and projections with CAGRs from 2018 to 2026, considering 2017 as the base year for the market.
- Market drivers, restraints, future prospects, and competitive analysis (market positioning) of key market players
- Overview of the global flea and tick product market value chain
- Company profiling with major information about the key players operating in the global flea and tick product market
- Estimation of the market size in terms of value and volume
