Report
Description
A recent market intelligence report that is published by Data
Insights Partner on Flea and Tick Product Market makes an
offering of in-depth analysis of segments and sub-segments in the regional and
international Market. The research
study also emphasizes on the impact of restraints, drivers, and macro
indicators on the regional and world Flea and Tick Product Market over the short as well as long period of time. A
detailed presentation of forecast, trends, and dollar values of international Flea
and Tick Product Market is offered.
Market
Insights:
In accordance with the report, the Flea and Tick Product
Market is projected to expand at a CAGR of X.X% over the period
of forecast. The global Flea and Tick
Product Market was valued at USD XX.X Mn in 2019 and is expected to reach USD
XX.X Mn in 2031, growing with a significant CAGR rate during the forecast
period. With the increased demand for companionship, the majority of the
world's population is leaning toward owning at least one pet animal. Due to
these people spend so much time with their pets, it's important to maintain
them healthy. This circumstance has prompted consumers to spend more money on
the health of their pets, fueling the flea and tick product business. The main proportion of the global flea and tick products
market is attributed to increased companion animal adoption rates, rising
disposable income, and rising per capita animal healthcare expenditure. Increased
awareness of pet care to protect pets against parasite assaults and itching
caused by fleas and ticks has resulted in an increase in demand for safe and
effective healthcare goods such as multivitamin and amino acid supplements,
flea and tick products, oral care, and other similar items. As a result, the
market for companion animals and animal pharmaceuticals has had promising
growth prospects for the past decade. Furthermore, owing to the growing pet dog
population, demand for these items has surged, particularly in industrialised
countries. The population of pet dogs in the United Kingdom climbed from 7.8 Mn
in 2013 to 9.9 Mn in 2019, according to a 2019 research by the People's Dispensary
for Sick Animals. This aspect has contributed to the market's expansion and is
projected to continue to do so in the future. Changes in consumer attitudes
about pets, as well as product availability through various channels, have all
contributed to the increase in demand for flea and tick products. As a result,
the rise in the number of pets affected with a variety of flea and tick-borne
diseases, as well as the resulting need for treatment, is likely to contribute
to the market's growth. Additionally, greater purchasing power has resulted in
increased awareness of pet health and hygiene, resulting in the Asia Pacific
flea and tick product market expanding. In the flea and tick product market
industry, the regions were evaluated in terms of value. The global flea and
tick market was dominated by North America, followed by Europe. The dominance
of North America and Europe in the flea and tick product industry is due to a
growing awareness of appropriate pet health and wellbeing among the populations
in these regions. According to the Centers for Disease Control and Prevention,
seven novel bacteria were discovered in the United States alone between 2004
and 2020, spreading through the bite of an infected tick and capable of
infecting people and causing zoonotic diseases.
Research
Methodology:
To compile
the detailed study of the global Flea and Tick
Product market, a robust research methodology has been adopted
that aids in determining the key insights and also evaluates the growth
prospects of the Flea and Tick Product Market.
Comprehensive and iterative research methodology focused on minimizing deviance
in order to provide the most accurate estimates and forecast possible. The
company utilizes a combination of bottom-up and top-down approaches for
segmenting and estimating quantitative aspects of the market. Our research
methodology implements a mix of primary as well as secondary research. Our
projects are initiated with secondary research, where we refer to a variety of
sources including trade databases; government published documents, investor
presentations, company annual reports, Industrial papers, and paid databases. To
carry out secondary research, the analysts have collected the information
through company annual reports, journals, company press releases, and paid
databases that were referred to gain and identify better opportunities in the Flea and Tick Product Market.
COVID-19
Scenario Analysis:
The COVID-19
outbreak has shaken the whole economy in the world. In this scenario some
industries are doing quite well while others have been crushed. This section of
the report has explored the overall status of the COVID-19 scenario. The
industry witnessed a huge decline in terms of sales. Likewise, the Flea and Tick Product market was affected negatively due to the
shutdown of manufacturing/processing facilities for some time. The analysts
have also focused on the key measures that the companies are opting to
withstand the harsh scenario.
Segment
Covered:
Flea and Tick Product Market report has been segmented by vehicle type, by material
type, by sales channel also includes the market size and forecast for all these
segments. Compounded annual growth rates for all segments have also been
provided for 2019 to 2031. This report is a compilation of first-hand
information, qualitative and quantitative assessment by industry analysts,
inputs from industry experts and industry participants across the value chain.
Key Segments:
Flea and Tick Product Market research report
includes an in-depth coverage of the industry with estimates & forecast
from 2022 to 2031, for the following segments:
Flea and Tick
Product Market, By Product Type, 2022-2031 (USD Million)
·
Chewable
o Fluralaner
o Valerian
o Chamomile
o Others
·
Spot On
o Methoprene
o Fipronil
o Moxidectin
o Others
Flea and Tick
Product Market, By Method, 2022-2031 (USD Million)
·
Internal
·
External
Flea and Tick
Product Market, By Pet Type, 2022-2031 (USD Million)
·
Dog
·
Cat
·
Others
Flea and Tick
Product Market, By Sales Channel, 2022-2031 (USD Million)
·
Online
·
Offline
Report
Highlights:
The prime objective of the Flea and Tick
Product market report is to
help the user understand the market in terms of its definition, segmentation,
market potential, influential trends, and the challenges that the market is
facing with different major regions and more than 30 major countries across the
globe. During the report's production, extensive research and analysis were
conducted. This research will assist readers in gaining a thorough
understanding of the market.
Flea and Tick
Product Market, By Region, 2022-2031 (USD Million)
·
North America (
United States, Canada, Mexico)
·
Europe
(Germany, UK, France, Italy, Russia, Spain, and Rest of Europe)
·
South Asia (
India, Pakistan and Bangladesh)
·
East Asia
(China, Japan and South Korea)
·
South East Asia
(Indonesia, Thailand, Singapore, Malaysia, Rest of SE Asia)
·
Middle East
(Turkey, Saudi Arabia, Iran, UAE, Israel, Iraq, Qatar, Rest of MEA)
·
Africa
(Nigeria, South Africa, Egypt, Algeria, Rest of Africa)
·
South America
(Brazil, Argentina, Colombia, Chile, and Rest of SA)
·
Oceania
(Australia and New Zealand)
Companies
Profiled:
To enhance their position in the global
market, key suppliers/manufacturers are concentrating on business expansion and
product innovation. Manufacturers/producers are also working on boosting their
manufacturing capacity and product quality to gain a competitive advantage. The
following are some of the prominent manufacturers in the worldwide Flea and
Tick Product market:
·
Bayer AG
·
Ceva Sante
Animale S.A.
·
Ecto
Development Corporation
·
Eli Lilly and
Company
·
Merck Animal
Health (Merck & Co., Inc.)
·
Merial Animal
Health Ltd
·
Sergeant’s
Pet Care Products, Inc.
·
The Hartz
Mountain Corporation
·
Virbac
Corporation
·
Wellmark
International, Inc.
·
Zoetis
Services LLC
·
Others
Flea
and Tick Product Market Report Highlights:
·
Detailed
analysis of the parent market
·
Key players'
strategies and products supplied in the competitive landscape
·
Market
segmentation in depth analysis
·
Market size
in terms of volume and value, past, present, and future scenario
·
Potential and
specialty areas, as well as geographical regions with promising growth
prospects
·
Market
players use this information to maintain and expand their market presence, thus
it's important to have an unbiased perspective on market performance.
·
Recent
advancements and technological trends in the industry