Animal Parasiticides Market (2025-2032)
The Animal Parasiticides Market is projected to reach $17.9 billion by 2032, at a CAGR of 7.3% from 2025 to 2032.
- Published
- Jan 2025
- Pages
- 180
- Format
- PDF + Excel
- Report ID
- MRHC - 104767
- Base year
- 2024
- 2032 · FORECAST
- $17.90B
- 2032
- $17.90B
- CAGR 2025–2032
- 7.3%
2024 baseline · 2025–2032 forecast at 7.3% CAGR · hover a bar for the value
Key highlights
Based on Product Type, in 2025, the Ectoparasiticides Segment is Expected to Dominate this Market
Based on Parasite Type, in 2025, the Mite, Tick, Flea, Lice, and Grub Infestation Segment is Expected to Dominate this Market
Based on Animal Type, in 2025, the Companion Animals Segment is Expected to Dominate this Market
Asia-Pacific: The Fastest-Growing Market
Report summary
| Particulars | Details |
|---|---|
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2025–2032 |
| Market Size (2032) | USD 17.90 billion |
| CAGR (2025–2032) | 7.3% |
| Format | PDF, Excel & Cloud Portal · 180 pages |
| Segments Covered | By Product Type: Ectoparasiticides Pour On, Spot On, Sprays, Powders, Other Ectoparasiticides, Injectables, Oral Liquids, Oral Tablets, Feed Additives · By Parasite Type: Roundworms, Tapeworms, Heartworms, Flukes, Coccidia, Mite, Tick, Flea, Lice, and Grub Infestation, Other Parasites · By Animal Type: Companion Animals Dogs, Cats, Other Companion Animals, Cattle, Poultry, Other Livestock |
| Countries Covered | Europe (RoE), Asia-Pacific (RoAPAC), Latin America (RoLATAM) |
| Key Companies | Zoetis Inc., Heska Corporation, Bimeda, Inc., Boehringer Ingelheim International GmbH, PetIQ, LLC, ECO Animal Health Ltd |
Report overview
Segments covered: product type, parasite type, animal type. Regions: Europe, Asia-Pacific, Latin America.
Animal parasiticides are chemicals used to eliminate parasitic organisms that affect the health of companion animals and livestock. These parasiticides are of various types depending upon the nature of administration or use. Parasiticides such as ectoparasiticides, endoparasiticides, and endectocides are used against the infections of parasitic organisms, such as tapeworms, hookworms, roundworms, mites, fleas, ticks, flukes, and other parasites.
The growth of this market is attributed to the increasing prevalence of zoonotic and parasitic diseases, growing demand for animal-derived food products, and rising expenditure on animal health. In addition, the increasing number of livestock in emerging economies is expected to provide significant growth opportunities for this market.
However, the restricted use of parasiticides in food-producing animals hinders the growth of this market to a certain extent. In addition, the rising inclination towards vegetarian and vegan diets is a major challenge for market growth.
Report infographic
Market dynamics
2 factors across 1 forceGrowing Demand for Animal-Derived Food Products
The demand for animal-derived food products, such as meat, milk, and eggs, has been increasing. The decrease in agricultural production has resulted in the depletion of resources and reduced availability of cultivable land, increasing the consumption of animal-derived foods. Foods derived from animals are a great source of protein, and a protein-rich diet is essential to lead a healthy life. In developed countries, the consumption of animal proteins is stable (around 44 to 55 g/capita/day), while the consumption is increasing in developing countries. For instance, in 2020, the U.S. accounted for approximately 21% of total global beef consumption. However, in Asia, beef and veal consumption in 2020 was 19,656.46 thousand tonnes and is expected to reach 21,467.08 thousand tonnes by 2026. To meet the increasing demand for animal-derived foods, farmers are expected to increase livestock production. The increase in livestock population is ultimately expected to lead to increased adoption of animal parasiticides to avoid the economic loss caused by the negative effects on animal health by parasitic infections.
Growing Pet Adoption
Household pets such as cats and dogs are among the most common animals affected by internal parasites, such as heartworms, roundworms, and tapeworms, and external parasites, including ticks, mites, and fleas. Parasiticides help eliminate these parasites and prevent the spread of diseases amongst pet animals and from animals to humans. Therefore, the increase in the adoption of pets is expected to drive the growth of this market. There has been an increase in pet adoption globally due to the growing need to maintain peoples’ emotional well-being and a positive environment. Several market players, pet care product companies, and animal welfare organizations are initiating campaigns to promote pet adoption. For instance, in 2021, Pedigree Petfoods (U.S.) initiated a campaign named ‘BeIndieProud’ to promote the adoption of street dogs as pets in India. In addition to the COVID-19 pandemic, many people adopted pets for companionship due to solitary and indoor living. For instance, according to the American Society for the Prevention of Cruelty to Animals, in the U.S., nearly 1 in 5 households has acquired a cat or dog since the start of the COVID-19 pandemic, accounting for around 23 million households in the country.
Table of contents
11 chapters · 95 sections · 180 pages · click to expandSegmental analysis
| Segment | Largest share (2025) | Fastest growth (2025–2032) |
|---|---|---|
| By Product Type | Ectoparasiticides | — |
| By Parasite Type | Mite, Tick, Flea, Lice, and Grub Infestation | — |
| By Animal Type | Companion Animals | — |
By Product Type
- The ectoparasiticides segment is expected to account for the largest share of the animal parasiticides market.
- Ectoparasiticides treat external parasites, including mites, fleas, and ticks.
- These parasiticides are applied on animals by pouring and spraying and come in powder form.
- According to the American Society for the Prevention of Cruelty to Animals, fleas and ticks are the most common pet care concerns in the U.S. Hence, the high prevalence of external parasites and easy administration are responsible for the large market share of this segment.
By Parasite Type
- The mite, tick, flea, lice, and grub Infestation segment is expected to account for the largest share of the animal parasiticides market.
- The high prevalence of fleas and tick infections in companion and farm animals is the major factor responsible for the large market share of this segment.
- Due to global warming, there has been an increase in the prevalence of flea infections as they stay active in warm and humid temperatures.
By Animal Type
- The companion animals segment is expected to account for the largest share of the animal parasiticides market.
- People need a companion for emotional well-being, and pets offer a positive environment at home.
- According to Animal Medicines Australia, pet ownership in Australia increased to 69% of households having pets in 2021 from 61% in 2019.
- This increase led to a rise in pet-related expenditures & adoption of pet insurance in Australia.
- For instance, the average household insurance expenditure for dogs in Australia increased from USD 147 in 2019 to USD 246 in 2021.
- Additionally, the average household insurance expenditure for cats increased from USD 69 in 2019 to USD 116 in 2021.
- Pet owners treat their pets as family and are likely to spend on their health without hesitation.
- These are some of the key factors that contribute to the large market share of this segment.
Geographic analysis
Asia-Pacific
Fastest growthAsia-Pacific is slated to record the fastest growth rate in the animal parasiticides market during the forecast period. The growth of this market is attributed to the increasing demand for animal-derived food products, growing awareness about livestock health and advanced livestock farming systems, and the growing adoption of pets in developing countries of this region. Asia-Pacific: The Fastest-Growing Market
Competitive landscape
- Zoetis Inc.
- Heska Corporation
- Bimeda, Inc.
- Boehringer Ingelheim International GmbH
- PetIQ, LLC
- ECO Animal Health Ltd
Frequently asked questions
The animal parasiticides market report covers the market sizes & forecasts of various segments such as product type, parasite type, animal type, and geography. This report involves the value analysis of the animal parasiticides market at the regional and country levels.
Cite this report
Meticulous Research. (2025). Animal Parasiticides Market - Global Opportunity Analysis and Industry Forecast (2025-2032) (Report No. MRHC - 104767). Meticulous Market Research Pvt. Ltd. https://www.meticulousresearch.com/product/animal-parasiticides-market-5451