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What key factors are powering the surge in the tick repellent market right now?

In recent times, there has been a considerable growth in the market size of tick repellents. This market is expected to expand from $0.88 billion in 2024 to $0.93 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 6.3%. The driving factors behind this increase during the historic period include shifting weather patterns which cause extended tick seasons, strict rules that encourage the use of tick repellents, increased advice from veterinarians, an upsurge in pet travel and mobility, and the worldwide expansion of pet product markets.

How fast Is the tick repellent market expected to grow, and what’s its future value?

The tick repellent market size is expected to see strong growth in the next few years. It will grow to $1.18 billion in 2029 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to growing pet populations globally, increasing preference among consumers for natural and organic tick repellents, pet humanization trend, increasing focus on preventive healthcare, and increasing availability of pet health insurance. Major trends in the forecast period include technological advancements in veterinary medicine, improved formulations and effectiveness of tick repellents, companies aligning CSR goals with pet health initiatives, continued advancements in formulation technology, and research and development investments.

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What are the leading drivers of growth in the tick repellent market?

The anticipated surge in pet ownership is projected to boost the tick repellent market’s expansion. An upsurge in emotional companionship needs and an increasing understanding of the mental health benefits provided by pets have contributed to the rise in pet ownership. Tick repellents are utilized for pets to prevent ticks from latching onto the animals, offering protection against tick-induced diseases such as Lyme disease and Ehrlichiosis. For example, as per the American Pet Products Association, a US-based non-profit organization, in October 2023, pet ownership existed in 86.9 million US households, accounting for 66% of households from the previous year, 2022. Furthermore, Animal Medicines Australia, an association focused on animal health based in Australia, reported in November 2022 that 69% of Australian households in 2022 owned pets. Hence, the upsurge in pet ownership is a key factor contributing to the expansion of the tick repellent market.

What are the key segments defining the tick repellent market?

The tick repellent market covered in this report is segmented –

1) By Type: Pills And Chewables, Topical Treatments, Other Types

2) By Distribution Channel: Modern Trade, Veterinary Clinics, Convenience Stores, Online Sales

3) By Application: Dogs, Cats, Other Applications

Subsegments:

1) By Pills And Chewables: Oral Tablets, Oral Chewables

2) By Topical Treatments: Spot-On Treatments, Sprays, Powders

3) By Other Types: Collars, Shampoos, Wearable Devices

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Which leading companies are shaping the growth of the tick repellent market?

Major companies operating in the tick repellent market are Merck & Co. Inc., Bayer AG, Boehringer International GmbH, S.C. Johnson & Son Inc., Zoetis Inc., Perrigo Company plc., Elanco Animal Health, FMC Global Specialty Solutions, Central Garden & Pet Company, Ceva Sante Animale S.A., Wellmark International Inc., Virbac Corporation, The Hartz Mountain Corporation, Penn Veterinary Supply Inc., Sergeant’s Pet Care Products Inc., Central Life Sciences, Insect Shield LLC, AdvaCare Pharma, Ecto Development Corporation, Nantucket Spider, Fulltec GmbH, AtlanTick

What are the key trends shaping the future of the tick repellent market?

Major firms in the tick repellent market are strategizing on the invention of advanced products, namely plant-based tick repellent, to secure a competitive advantage. The plant-based tick repellent, formulated from natural plant extracts, serves to prevent ticks from latching onto humans or their pets. This counteracts the spread of tick-related illnesses without the need for artificial chemicals. For example, in April 2022, VCM Products, LLC, a pest control product manufacturer based in the U.S., introduced EcoBuggy. This product, completely derived from plants, is an effective repellent for mosquitoes and ticks that offers continuous protection for six hours against mosquitoes and eight hours against ticks. It exceeds many other natural repellents in performance. EcoBuggy utilizes hydrogel-time-release (HTR) technology, prolonging effectiveness through a slow release of its active elements. The product is devoid of diethyltoluamide (DEET) and picaridin, signifying it is safe for children, pets, and fabrics while being eco-friendly.

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Which regions are most influential in expanding the tick repellent market?

North America was the largest region in the tick-repellent market in 2023. The regions covered in the tick repellent market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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