Flea And Tick Products MarketSize and Trends

Flea and tick products are pesticides, growth inhibitors or repellents used to treat or prevent flea and tick infestations in animals such as dogs and cats. Fleas causes itching and allergic reaction that results in anemia in animals and ticks transmits infections such as Lyme disease. An increase in awareness of the diseases transmitted by fleas such as bubonic plague, murine typhus and by ticks such as ehrlichiosis, Rocky Mountain spotted fever, Lyme disease and anaplasmosis among others is propelling the growth of this market. According to the Centers for Disease Control and Prevention, reported cases of Lyme disease in the U.S. in 2016 were 26,203. Furthermore, rising trend in adoption of pets along with an increase in the number of consumers purchasing pet care products is driving the flea and tick products. For instance, according to The European Pet Food Industry Federation, total value of pet related products and services in 2014 in Europe was US$ 18.49 billion which increased to US$ 19.72 billion in 2016. The development of innovative flea and tick products by various manufacturers is increasing the growth of this market. For instance, in January 2017, Pets Essential Products launched Chicken and Sweet Potato Jerky treat, which is a natural treat to prevent fleas and ticks in dogs and cats. It consists of brewer’s yeast, garlic, and vitamin B, which produces an odor that repels fleas, ticks, and other insects.

Flea and Tick Products Market Taxonomy

Based on product type, flea and tick products market is segmented into:

Oral Pill
Powder
Spray
Collar
Spot on
Shampoo
Others

Based on pet, flea and tick products market is segmented into:

Cat
Dog
Others

Based on distribution channel, flea and tick products market is segmented into:

Convenience Stores
Hypermarket
Supermarket
Specialty Stores
Online Stores
Others

Flea and Tick Products Market Outlook

North America is the largest flea and tick products market, owing to increasing number of pet owners. According to the American Pet Products Association (APPA), 68% of all the U.S. households own pets. Furthermore, in 2016, 39% of dogs and 19% of cats were provided with flea or tick protection or prevention or cure at veterinarian’s office in the U.S.
Asia Pacific is the fastest growing flea and tick products market due to increasing awareness of pet health and adoption of pet healthcare products. According to Animal Medicines Australia, parasiticides such as flea and tick products were the highest sold healthcare products in 2015 in Australia.
Europe has lucrative demand for flea and tick products from the pet owners. According to The European Pet Food Industry Federation, total number of households having at least one pet was 75 million in 2014, which increased to 80 million in 2016. Various agencies including European Medicines Agency regulates the flea and tick products in this region. For instance, in July 2017, European Medicines Agency announced that conclusions associated with the side effects of Bravecto, which is used to treat tick and flea in dogs and cats should be mentioned on the package. In February 2017, the Committee for Medicinal Products for Veterinary Use (CVMP) granted marketing authorization to Credelio, which is a chewable tablet for treatment of flea and tick infestation in dogs.