Flea And Tick Product Market Size (2024 - 2029)

Flea and Tick Products Market Analysis

The Flea And Tick Product Market size is estimated at USD 7.40 billion in 2024, and is expected to reach USD 11.5 billion by 2029, growing at a CAGR of 9.32% during the forecast period (2024-2029).

The COVID-19 pandemic had a mildly adverse impact on the flea and tick product market initially. The outbreak of the pandemic led to a massive surge in the number of COVID-19 patients which led to a lockdown and temporary cancellation of non-COVID and veterinary care. This led to restrictions on visiting veterinary clinics and hospitals for flea and tick treatment which adversely impacted the market. For instance, a study published in the Frontiers in Veterinary Science in October 2021 highlighted the barriers faced by pet owners when it came to accessing veterinary services amid the pandemic which included limited appointments, and several pet owners were compelled to access the emergency veterinary services which incurred high costs. The zoonotic origin of SARS-CoV2 also caused fear of infection from pet animals which resulted in several cases of pet abandonment. According to research published in Frontiers in Veterinary Science in January 2021, stated that a few cases of COVID-19 in dogs and cats were reported in different countries worldwide, and there was concern that the fear of zoonotic transmission might cause people to abandon their pets. Although, certain factors amid the pandemic have supported the growth of the flea and tick product market. Due to the imposition of lockdown and social distancing, several factors led to a surge in pet adoption by people, which was helpful to get rid of the loneliness and anxiety caused by isolation. For instance, a study published in the Frontiers in Veterinary Science in May 2021, underlined the elevated interest of people in adopting dogs amid the pandemic, globally. It was stated by the study that the RSV (relative search volume) ratio (2020/2019) for the adoption of both cats and dog adoption increased by up to 250% from 2019 to 2020. Furthermore, in the post-pandemic phase, the number of cases of COVID-19 infection decreased which led to the resumption of the veterinary services and it enabled the market to . Thus, the COVID-19 outbreak had a mildly adverse impact on the market's growth in its preliminary phase. Moreover, the market is expected to grow further at a stable pace with the resumption of the veterinary care which is anticipated to increase the demand for flea and tick products, globally.

Further, the rising prevalence of flea- and tick-transmitted diseases in pets, growing awareness about zoonotic diseases, and increasing pet adoption are expected to bolster the growth of the market.

Public and private bodies across the world are raising awareness about the risk of zoonotic diseases and their prevention in animals. There are several dedicated platforms and associations which regularly spread awareness about the well-being of pet animals and the prevention of flea- and tick-transmitted diseases. For instance, in March 2021, Blue Cross announced to support the newly launched Petfished campaign by the government of United Kingdom, to raise awareness about the poorly bred puppies and kittens which have the issues of flea infestations and other concerns. Further, in February 2022, the United Kingdom Health Security Agency released a 'Be tick aware' toolkit which was focused to raise awareness about the potential risk posed by ticks and tick-borne diseases in the United Kingdom. The tick awareness toolkit focuses to facilitate the implementation of locally driven tick awareness initiatives. The toolkit can be used by local authorities and other stakeholders to educate the residents and visiting members of the public in their area about the risk posed by ticks. The increasing number of pet adoption is also expected to boost the demand for the flea & tick product market since the increasing population of the pet along with the high prevalence of flea- and tick-transmitted diseases would bolster the growth of the market.

Therefore, owing to the aforementioned factors the studied market is anticipated to witness growth over the analysis period. However, the side effects associated with the treatment and availability of counterfeit pesticide products for pets are likely to impede market growth.

Flea and Tick Products Industry Segmentation

As per the scope of this report, flea and tick products refer to various chemicals, drugs, and equipment that prevent the infestation of fleas and ticks in animals and cure the diseases caused by those parasites. The Flea and Tick Product Market is Segmented by Product (Oral Pill, Spray, Spot On, Powder, Shampoo, Collar, and Other Products), Animal (Dog, Cat, and Other Animals), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value (in USD) for the above segments.