The Animal Parasiticides Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Animal Parasiticides Market?
The Animal Parasiticides Global Market Report 2025 indicates that the market size has been increasing steadily. The market is set to rise from $9.39 billion in 2024 to $10.15 billion in 2025, equating to a compound annual growth rate (CAGR) of 8.1%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Animal Parasiticides Industry?
The Animal Parasiticides Global Market is projected to grow to a size of $13.69 billion by 2029. The market's compound annual growth rate (CAGR) for this period is forecasted to be 7.8%.
Download Your Free Sample of the 2025 Animal Parasiticides Market Report and Uncover Key Trends Now!
What are the Key Growth Drivers Fueling the Animal Parasiticides Market?
The key drivers in the animal parasiticides market are:
• Rising prevalence of zoonotic diseases
• Increase in the population of companion animals
• Expansion in the sector of livestock farming
• Innovative developments in parasiticide formulations
• Higher awareness and understanding of animal health.
Global Market Segmentation: Identifying Major Animal Parasiticides Industry Segments
The animal parasiticides market covered in this report is segmented –
1) By Type: Endoparasticides, Ectoparasiticides, Endectocides
2) By Livestock: Swine, Poultry, Ovine, Bovine, Equine, Canine, Feline
3) By End User: Veterinary Clinics and Hospitals, Animal Farms, Home Care Settings
Subsegments:
1) By Endoparasiticides: Anthelmintics, Antiprotozoals, Anticestodals
2) By Ectoparasiticides: Insecticides, Acaricides, Larvicides
3) By Endectocides: Macrocyclic Lactones, Imidazothiazoles, Spinosyns
Pre-order the 2025 Animal Parasiticides Global Market Report for Fast Delivery & Comprehensive Insights!
What are the emerging Trends Shaping the Future of the Animal Parasiticides Market?
The key trends in the animal parasiticides market are:
• Development of long-acting parasiticide formulations is a major trend.
• Advancements in the area of biologics and vaccines are shaping the future of the market.
• The application of nanotechnology in drug delivery for parasiticides is emerging.
• Precision dosing technologies and digital tracking and monitoring systems are becoming increasingly adopted.
Who Are the Top Competitors & Leading Players in the Animal Parasiticides Market?
Major players in the animal parasiticides market are:
• Merck & Co. Inc.
• Bayer AG
• Sanofi SA
• Boehringer Ingelheim GmbH
• Zoetis Inc.
• Elanco Animal Health Inc.
• Ceva Sante Animale S.A.
• Virbac SA
• Dechra Pharmaceuticals plc
• Phibro Animal Health Corporation
• Vetoquinol SA
• Norbrook Laboratories Limited
• Neogen Corporation
• Indian Immunologicals Ltd.
• Krka dd Novo Mesto
• Bimeda Inc.
• The Chanelle Group
• ECO Animal Health Group plc
• Zydus Animal Health and Investments Ltd.
• Kyoritsu Seiyaku Corporation
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the animal parasiticides market in 2024
