The Veterinary 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 Veterinary Parasiticides Market?
The size of the Veterinary Parasiticides Global Market has demonstrated significant growth in recent years. The market size is projected to expand from $14.93 billion in 2024 to $15.85 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 6.1%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Veterinary Parasiticides Industry?
The Veterinary Parasiticides Global Market Report 2025 predicts that by 2029, the market size will reach $20.57 billion. It also forecasts a compound annual growth rate (CAGR) of 6.7% for the same period.
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What are the Key Growth Drivers Fueling the Veterinary Parasiticides Market?
The key drivers in the veterinary parasiticides market are:
• Rising concerns related to global food security
• Emergence of new zoonotic threats
• Increased focus on companion animal care
• Impact of environmental changes on veterinary parasiticides demand
Global Market Segmentation: Identifying Major Veterinary Parasiticides Industry Segments
The veterinary parasiticides market covered in this report is segmented –
1) By Type: Endoparasiticides, Ectoparasiticides, Endectocides
2) By Product: Oral Liquids, Tablets, Injectables, Sprays, Other Products
3) By Application: Farm Animals, Companion Animals
4) By End Users: R&D Facilities, Farms, Veterinary Clinics
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What are the Emerging Trends Shaping the Future of the Veterinary Parasiticides Market?
The key trends in the veterinary parasiticides market are:
• The future of the market is being shaped by concerns surrounding zoonotic diseases.
• There is a growing trend towards innovative approaches in flea and tick control.
• The safety of parasiticides and concerns about their effect on the environment are gaining attention.
• Innovative delivery methods are becoming an emerging trend in the market.
Who Are the Top Competitors & Leading Players in the Veterinary Parasiticides Market?
Major companies in the veterinary parasiticides market are:
• Bayer AG
• Zoetis Inc.
• Boehringer Ingelheim
• Merck & Co. Inc.
• Eli Lilly and Company
• Virology and Bacteriology
• Ceva Animal Health
• Merial Inc.
• Perrigo Company
• Vetoquinol India Animal Health Pvt Ltd.
• Intas Pharmaceuticals Ltd.
• Dechra Pharmaceuticals plc
• Lillidale Ltd.
• Phibro Animal Health Corporation
• Bovian Health Care Pvt. Ltd.
• Sanofi SA
• Novartis AG
• Oceanic Pharmachem
• IDEXX Laboratories Inc.
• Covetrus Inc.
• Norbrook Laboratories Limited
• Bimeda Holdings PLC
• PetIQ Inc.
• Heska Corporation
• Neogen Corporation
• Kyoritsu Seiyaku Corporation
• Nexvet Biopharma plc
• Kepro Technologies Private Limited
• ECO Animal Health Group plc
• Bioniche Animal Health Canada Inc.
• Bioiberica S.A.
• Laboratorios Hipra S.A.
Regional Dominance: Which Area Leads the Global Veterinary Parasiticides Market?
North America was the largest region in the veterinary parasiticides market in 2023
