2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

Which Primary Drivers Are Supporting the Continued Market Growth of theVeterinary Parasiticides Market?

The increasing impact of zoonotic diseases in animals is pushing the growth of the veterinary parasiticides market. Zoonotic diseases, such as Campylobacteriosis and Salmonellosis, which can be transmitted from animals to humans, are rising concerns worldwide. The need to prevent these diseases in animals is driving the demand for veterinary parasiticides, which are crucial in controlling such infections.

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#What is the Anticipated CAGR of theVeterinary Parasiticides Market, and What Factors Will Drive It?

The veterinary parasiticides market size has grown strongly in recent years. It will grow from $14.93 billion in 2024 to $15.85 billion in 2025 at a compound annual growth rate (CAGR) of 6.1%. The growth is attributed to the increasing awareness of animal health, the rise in livestock production, the growing number of companion animals, and the need for managing zoonotic diseases.

The veterinary parasiticides market is forecast to grow to $20.57 billion by 2029, at a CAGR of 6.7%. Growth is attributed to global food security concerns, emerging zoonotic threats, companion animal care, and environmental changes. Key trends include zoonotic disease control, flea and tick innovation, parasiticide safety, and new delivery methods.

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What Are the Most Significant Market Trends Transforming theVeterinary Parasiticides Market?

The veterinary parasiticides industry is also evolving with the introduction of chewable tablets designed to prevent ticks, worms, fleas, and other parasites in animals. These tablets, such as IVERHART MAX, are available in flavors like beef and soft chew, making them easier to administer. These advancements are significantly driving growth in the veterinary parasiticides market.

Who Are the Key Market Players Influencing the Growth of the Corn and Veterinary Parasiticides Industry?

Major companies operating in the veterinary parasiticides market include 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., Perrigo Company, Eli Lilly and Company, 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., Norbrook Laboratories Limited

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Which Key Market Segments Comprise the Veterinary Parasiticides Market and Drive Its Revenue Growth?

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

Subsegments:

1) By Endoparasiticides: Anthelmintics (Dewormers), Antiprotozoals, Anticestodals, Antitrematodals

2) By Ectoparasiticides: Insecticides, Acaricides, Repellents

3) By Endectocides: Ivermectin-based Products

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Which Regions Are Emerging as Leaders in the Veterinary Parasiticides Market?

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

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