Product Code: 22458
The Global Animal Parasiticides Market, valued at USD 10.82 Billion in 2024, is projected to experience a CAGR of 4.25% to reach USD 13.89 Billion by 2030. Animal parasiticides are pharmaceutical agents developed to prevent and treat infections caused by various internal and external parasites in livestock and companion animals. Market growth is primarily driven by the increasing global prevalence of parasitic diseases in both production and companion animals, coupled with a rising demand for safe animal protein.
| Market Overview |
| Forecast Period | 2026-2030 |
| Market Size 2024 | USD 10.82 Billion |
| Market Size 2030 | USD 13.89 Billion |
| CAGR 2025-2030 | 4.25% |
| Fastest Growing Segment | Ectoparasiticides |
| Largest Market | North America |
Key Market Drivers
The increasing prevalence of animal parasitic and zoonotic diseases represents a significant catalyst for the global animal parasiticides market. Parasitic infections in both livestock and companion animals lead to substantial economic losses and pose public health risks due to their zoonotic potential. These diseases diminish animal productivity, cause morbidity and mortality, and necessitate constant vigilance and effective control measures.
Key Market Challenges
The ongoing development of drug resistance in various parasite species presents a substantial impediment to the growth of the Global Animal Parasiticides Market. As parasites evolve resistance to existing treatments, the efficacy of current pharmaceutical agents diminishes, leading to increased treatment failures in both livestock and companion animals. This directly impacts market expansion by undermining confidence in available products and necessitating continuous, costly research and development efforts to discover and bring to market new active ingredients and formulations. These elevated research and development expenditures and extended development timelines can restrict the introduction of innovative solutions, thereby constraining market supply and profitability.
Key Market Trends
The ongoing development of drug resistance in various parasite species presents a substantial impediment to the Global Animal Parasiticides Market. As parasites evolve resistance, existing treatments lose efficacy, causing increased treatment failures in both livestock and companion animals. This necessitates continuous, costly research and development for new active ingredients with novel modes of action. For example, according to Merck Animal Health, a division of Merck & Co. , Inc. , in May 2024, farmers in major cattle producing regions face annual losses exceeding US$21 billion from parasites, a problem exacerbated by parasiticide resistance.
Key Market Players
- Eli Lilly and Company
- Merck and Co., Inc.
- Vetoquinol S.A.
- Oceanic Pharmachem Pvt. Ltd.
- Boehringer Ingelheim International GmbH
- Intas Pharmaceuticals Ltd.
- Erbe Elektromedizin GmbH
- Conmed Corporation
- Ammega Group BV
- KLS Martin LP
Report Scope:
In this report, the Global Animal Parasiticides Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Animal Parasiticides Market, By Product Type:
- Ectoparasiticides
- Endectocides
- Endoparasiticides
Animal Parasiticides Market, By Animal:
- Companion animals
- Food-producing animals
Animal Parasiticides Market, By End user:
- Veterinary hospitals and Clinics
- Animal farms
- Home care settings
Animal Parasiticides Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- South America
- Brazil
- Argentina
- Colombia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
Competitive Landscape
Company Profiles: Detailed analysis of the major companies presents in the Global Animal Parasiticides Market.
Available Customizations:
Global Animal Parasiticides Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Table of Contents
1. Product Overview
- 1.1. Market Definition
- 1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations
2. Research Methodology
- 2.1. Objective of the Study
- 2.2. Baseline Methodology
- 2.3. Key Industry Partners
- 2.4. Major Association and Secondary Sources
- 2.5. Forecasting Methodology
- 2.6. Data Triangulation & Validation
- 2.7. Assumptions and Limitations
3. Executive Summary
- 3.1. Overview of the Market
- 3.2. Overview of Key Market Segmentations
- 3.3. Overview of Key Market Players
- 3.4. Overview of Key Regions/Countries
- 3.5. Overview of Market Drivers, Challenges, Trends
4. Voice of Customer
5. Global Animal Parasiticides Market Outlook
- 5.1. Market Size & Forecast
- 5.2. Market Share & Forecast
- 5.2.1. By Product Type (Ectoparasiticides, Endectocides, Endoparasiticides)
- 5.2.2. By Animal (Companion animals, Food-producing animals)
- 5.2.3. By End user (Veterinary hospitals and Clinics, Animal farms, Home care settings)
- 5.2.4. By Region
- 5.2.5. By Company (2024)
- 5.3. Market Map
6. North America Animal Parasiticides Market Outlook
- 6.1. Market Size & Forecast
- 6.2. Market Share & Forecast
- 6.2.1. By Product Type
- 6.2.2. By Animal
- 6.2.3. By End user
- 6.2.4. By Country
- 6.3. North America: Country Analysis
- 6.3.1. United States Animal Parasiticides Market Outlook
- 6.3.1.1. Market Size & Forecast
- 6.3.1.2. Market Share & Forecast
- 6.3.1.2.1. By Product Type
- 6.3.1.2.2. By Animal
- 6.3.1.2.3. By End user
- 6.3.2. Canada Animal Parasiticides Market Outlook
- 6.3.2.1. Market Size & Forecast
- 6.3.2.2. Market Share & Forecast
- 6.3.2.2.1. By Product Type
- 6.3.2.2.2. By Animal
- 6.3.2.2.3. By End user
- 6.3.3. Mexico Animal Parasiticides Market Outlook
- 6.3.3.1. Market Size & Forecast
- 6.3.3.2. Market Share & Forecast
- 6.3.3.2.1. By Product Type
- 6.3.3.2.2. By Animal
- 6.3.3.2.3. By End user
7. Europe Animal Parasiticides Market Outlook
- 7.1. Market Size & Forecast
- 7.2. Market Share & Forecast
- 7.2.1. By Product Type
- 7.2.2. By Animal
- 7.2.3. By End user
- 7.2.4. By Country
- 7.3. Europe: Country Analysis
- 7.3.1. Germany Animal Parasiticides Market Outlook
- 7.3.1.1. Market Size & Forecast
- 7.3.1.2. Market Share & Forecast
- 7.3.1.2.1. By Product Type
- 7.3.1.2.2. By Animal
- 7.3.1.2.3. By End user
- 7.3.2. France Animal Parasiticides Market Outlook
- 7.3.2.1. Market Size & Forecast
- 7.3.2.2. Market Share & Forecast
- 7.3.2.2.1. By Product Type
- 7.3.2.2.2. By Animal
- 7.3.2.2.3. By End user
- 7.3.3. United Kingdom Animal Parasiticides Market Outlook
- 7.3.3.1. Market Size & Forecast
- 7.3.3.2. Market Share & Forecast
- 7.3.3.2.1. By Product Type
- 7.3.3.2.2. By Animal
- 7.3.3.2.3. By End user
- 7.3.4. Italy Animal Parasiticides Market Outlook
- 7.3.4.1. Market Size & Forecast
- 7.3.4.2. Market Share & Forecast
- 7.3.4.2.1. By Product Type
- 7.3.4.2.2. By Animal
- 7.3.4.2.3. By End user
- 7.3.5. Spain Animal Parasiticides Market Outlook
- 7.3.5.1. Market Size & Forecast
- 7.3.5.2. Market Share & Forecast
- 7.3.5.2.1. By Product Type
- 7.3.5.2.2. By Animal
- 7.3.5.2.3. By End user
8. Asia Pacific Animal Parasiticides Market Outlook
- 8.1. Market Size & Forecast
- 8.2. Market Share & Forecast
- 8.2.1. By Product Type
- 8.2.2. By Animal
- 8.2.3. By End user
- 8.2.4. By Country
- 8.3. Asia Pacific: Country Analysis
- 8.3.1. China Animal Parasiticides Market Outlook
- 8.3.1.1. Market Size & Forecast
- 8.3.1.2. Market Share & Forecast
- 8.3.1.2.1. By Product Type
- 8.3.1.2.2. By Animal
- 8.3.1.2.3. By End user
- 8.3.2. India Animal Parasiticides Market Outlook
- 8.3.2.1. Market Size & Forecast
- 8.3.2.2. Market Share & Forecast
- 8.3.2.2.1. By Product Type
- 8.3.2.2.2. By Animal
- 8.3.2.2.3. By End user
- 8.3.3. Japan Animal Parasiticides Market Outlook
- 8.3.3.1. Market Size & Forecast
- 8.3.3.2. Market Share & Forecast
- 8.3.3.2.1. By Product Type
- 8.3.3.2.2. By Animal
- 8.3.3.2.3. By End user
- 8.3.4. South Korea Animal Parasiticides Market Outlook
- 8.3.4.1. Market Size & Forecast
- 8.3.4.2. Market Share & Forecast
- 8.3.4.2.1. By Product Type
- 8.3.4.2.2. By Animal
- 8.3.4.2.3. By End user
- 8.3.5. Australia Animal Parasiticides Market Outlook
- 8.3.5.1. Market Size & Forecast
- 8.3.5.2. Market Share & Forecast
- 8.3.5.2.1. By Product Type
- 8.3.5.2.2. By Animal
- 8.3.5.2.3. By End user
9. Middle East & Africa Animal Parasiticides Market Outlook
- 9.1. Market Size & Forecast
- 9.2. Market Share & Forecast
- 9.2.1. By Product Type
- 9.2.2. By Animal
- 9.2.3. By End user
- 9.2.4. By Country
- 9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Animal Parasiticides Market Outlook
- 9.3.1.1. Market Size & Forecast
- 9.3.1.2. Market Share & Forecast
- 9.3.1.2.1. By Product Type
- 9.3.1.2.2. By Animal
- 9.3.1.2.3. By End user
- 9.3.2. UAE Animal Parasiticides Market Outlook
- 9.3.2.1. Market Size & Forecast
- 9.3.2.2. Market Share & Forecast
- 9.3.2.2.1. By Product Type
- 9.3.2.2.2. By Animal
- 9.3.2.2.3. By End user
- 9.3.3. South Africa Animal Parasiticides Market Outlook
- 9.3.3.1. Market Size & Forecast
- 9.3.3.2. Market Share & Forecast
- 9.3.3.2.1. By Product Type
- 9.3.3.2.2. By Animal
- 9.3.3.2.3. By End user
10. South America Animal Parasiticides Market Outlook
- 10.1. Market Size & Forecast
- 10.2. Market Share & Forecast
- 10.2.1. By Product Type
- 10.2.2. By Animal
- 10.2.3. By End user
- 10.2.4. By Country
- 10.3. South America: Country Analysis
- 10.3.1. Brazil Animal Parasiticides Market Outlook
- 10.3.1.1. Market Size & Forecast
- 10.3.1.2. Market Share & Forecast
- 10.3.1.2.1. By Product Type
- 10.3.1.2.2. By Animal
- 10.3.1.2.3. By End user
- 10.3.2. Colombia Animal Parasiticides Market Outlook
- 10.3.2.1. Market Size & Forecast
- 10.3.2.2. Market Share & Forecast
- 10.3.2.2.1. By Product Type
- 10.3.2.2.2. By Animal
- 10.3.2.2.3. By End user
- 10.3.3. Argentina Animal Parasiticides Market Outlook
- 10.3.3.1. Market Size & Forecast
- 10.3.3.2. Market Share & Forecast
- 10.3.3.2.1. By Product Type
- 10.3.3.2.2. By Animal
- 10.3.3.2.3. By End user
11. Market Dynamics
- 11.1. Drivers
- 11.2. Challenges
12. Market Trends & Developments
- 12.1. Merger & Acquisition (If Any)
- 12.2. Product Launches (If Any)
- 12.3. Recent Developments
13. Global Animal Parasiticides Market: SWOT Analysis
14. Porter's Five Forces Analysis
- 14.1. Competition in the Industry
- 14.2. Potential of New Entrants
- 14.3. Power of Suppliers
- 14.4. Power of Customers
- 14.5. Threat of Substitute Products
15. Competitive Landscape
- 15.1. Eli Lilly and Company
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
- 15.2. Merck and Co., Inc.
- 15.3. Vetoquinol S.A.
- 15.4. Oceanic Pharmachem Pvt. Ltd.
- 15.5. Boehringer Ingelheim International GmbH
- 15.6. Intas Pharmaceuticals Ltd.
- 15.7. Erbe Elektromedizin GmbH
- 15.8. Conmed Corporation
- 15.9. Ammega Group BV
- 15.10. KLS Martin LP
16. Strategic Recommendations
17. About Us & Disclaimer