Leading companies operating in this business include:
Zoetis Inc
Merck & Co Inc
Elanco Animal Health Incorporated
Boehringer Ingelheim International GmbH
Ceva Sante Animale
Virbac
Vetoquinol S.A
PetIQ, LLC
Norbrook
Bimeda, Inc.
Authors:
Mariam Faizullabhoy, Gauri Wani
Frequently Asked Questions (FAQ) :
Global market for animal parasiticides was valued at over USD 10 billion in 2022 and is estimated to grow at above 6.5% CAGR from 2023 to 2032, attributed to the surging incidences of zoonotic and transboundary diseases.
Companion animals segment is predicted to exhibit over 7% CAGR between 2023 and 2032, owing to the human health risks associated with the adoption of pets and companion animals.
North America animal parasiticides market accumulated over 35% of industry revenues in 2022 due high pet adoption rate and rising awareness about pet health in the region.
Notable players in the animal parasiticides business include Zoetis Inc., Merck & Co., Inc., Elanco Animal Health Incorporated, Boehringer Ingelheim International GmbH, Ceva Sante Animale, Virbac, Vetoquinol S.A., PetIQ, LLC., Norbrook, Bimeda, Inc.