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The global animal parasiticides market size was valued at USD 12.96 billion in 2025. The market is projected to grow from USD 13.82 billion in 2026 to USD 23.73 billion by 2034, exhibiting a CAGR of 6.99% during the forecast period.
Animal parasiticides are used for the prevention, treatment, and control of parasitic infestations in animals. The parasites such as external ticks, fleas, and mites, as well as internal parasites such as worms and protozoa.
The increasing prevalence of parasitic diseases in companion and livestock animals is driving the demand for effective parasiticides.
Furthermore, the presence of prominent market players, such as Zoetis Services LLC, Elanco, and Virbac, with robust product offerings and strong research and development initiatives, is expected to propel market growth.
Increasing Demand for Animal Protein to Propel Market Growth
The rising demand for animal protein is expected to increase the adoption of parasiticides for maintaining the health and condition of animals, driving market growth. With increasing demand for animal protein, livestock farmers are focusing on adopting parasite control solutions to ensure the health and productivity of their animals.
These measures reduce economic losses and help maintain disease-free livestock, driving demand for global animal parasiticides.
Anti-Parasiticides Resistance is a Significant Factor Restraining Market Growth
Anti-parasiticide resistance is restricting the product adoption and market growth. Parasites such as ticks, fleas, and worms develop resistance through genetic adaptations due to the excessive use of parasiticides. Also, resistance complicates disease control efforts, prolonging infections and increasing healthcare burdens. Thus, the growing prevalence of parasitic resistance is hindering the market's expansion.
Growth of Companion Animal Sector to Offer Lucrative Growth Opportunity
The rising number of pet ownership and the humanization of pets are two prominent factors bolstering market growth. Rising pet ownership increases the demand for advanced and standard parasiticide products for parasite control. Additionally, the rising prevalence of parasite infections in pet animals and increased awareness about zoonotic diseases transmitted by parasites encourage owners to adopt products for parasite control, thereby boosting market growth during the forecasted timeframe.
Rising Research & Development and Investment to Act as Key Market Trend
The rising cases of parasite resistance in animals shifted the focus of key players to develop and launch novel anti-parasite drugs to combat the growing threat of drug resistance.
Additionally, the increasing number of funding and investment activities is expected to boost market growth and act as a prominent trend in the global animal parasiticides market.
Presence of Counterfeit & Substandard Parasiticides to Hamper Brand Image and Product Adoption
The presence of counterfeit products in the market undermines market trust and product adoption. The similar packaging of products leads to confusion, and genuine brands may be mistaken for counterfeit products, which can be harmful to consumers. This leads to a decline in confidence in genuine products, resulting in lower product adoption and sales. Additionally, the harmful side effects and inefficiency of these products lead to a degradation of consumer trust and challenge the animal parasiticides market growth.
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Increasing Prevalence of Internal Parasites Boosted Endoparasiticides Segment Growth
Based on product, the global market is segmented into ectoparasiticides, endoparasiticides, and endectocides.
The endoparasiticides segment held the highest animal parasiticides market share in 2025, driven by the rising prevalence of internal parasites in animals and increasing product launches for the treatment.
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Increasing Pet Ownership and Launches Propelled Companion Animal Segment
Based on animal type, the market is divided into livestock and companion.
The companion segment dominated the market with a 52.9% share in 2025. Rising pet ownership and the increasing focus of key players on launching products for pets are expected to boost the segment’s growth in the market.
The livestock segment is expected to grow at a CAGR of 6.05% over the forecast period.
Oral Segment Led Market Due to Ease of Administration
Based on route of administration, the market is segmented into parenteral, topical, oral, and others.
The oral segment held the dominating position in 2025. The oral segment held a 28.8% share in 2024. This is attributed to ease of administration and availability. Moreover, top companies emphasize the launch of various new products that cater to the needs of pet owners and livestock breeders.
The parenteral segment is set to flourish with a growth rate of 6.42% over the forecast period.
Easy Availability of Generic Drugs Boosted Pharmacies & Drug Stores Segment
By distribution channel, the global market is segregated into veterinary clinics, pharmacies & drug stores, veterinary hospitals, and others.
Pharmacies and drug stores dominated the market in 2025. The segment held a 36.4% share in 2025. The vast availability of generic drugs and easy accessibility propel the market growth for pharmacies and drug stores. Additionally, a growing focus among key players on launching animal health-focused divisions is expected to boost the segment’s growth in the market.
Additionally, veterinary clinics are projected to grow as a distribution channel at a CAGR of 7.44% during the study period.
By geography, the market is categorized into Europe, North America, Asia Pacific, Latin America, and the Middle East & Africa.
North America held the dominant share in 2025, valued at USD 3.95 billion, and also took the leading share in 2026 with USD 4.19 billion. North America’s dominance in the market is driven by rising pet ownership, increasing demand for animal protein. The presence of key market players with advanced product offerings and awareness regarding animal health are factors that are collaboratively boosting the market’s growth in the region.
The U.S. market is valued at USD 3.73 billion in 2025. The U.S. dominated the North America region's market. This is driven by a high dependency on animal protein and the widespread adoption of advanced livestock farming technologies, which also contribute to increased pet ownership rates.
Europe is projected to record a growth rate of 6.24%, the second-highest among all regions, and valued at USD 3.52 billion by 2025. The increasing demand for animal protein, rising parasite infections, and awareness among farmers and pet owners are boosting market growth in the region. Backed by these factors, countries including the U.K. record valuations of USD 1.09 billion, Germany USD 0.49 billion, and France USD 0.58 billion in 2025.
The Asia Pacific animal parasiticides market is valued at USD 3.08 billion in 2025, securing the position of the third-largest region in the market. In the region, India and China are both valued at USD 0.45 billion and USD 1.12 billion, respectively, in 2025.
Latin America and the Middle East & Africa regions are expected to witness moderate growth in this market in the coming years. The Latin America market is valued at USD 1.34 billion in 2025. The increasing prevalence of parasite infections, combined with a focus on livestock farming, is boosting the region's growth. In the Middle East & Africa, the GCC registers a value of USD 0.55 billion in 2025.
Robust Product Offerings & Strategic Activities to Maintain Dominance of Key Players in Market
The global animal parasiticides market exhibits a semi-consolidated structure, characterized by a large number of strong players. Zoetis Services LLC, Merck Animal Health, and Elanco are some of the prominent players in the market. The company's robust product offerings, strong focus on research and development, and strategic initiatives, such as collaborations, have strengthened its market position.
Other prominent players include Ceva, Vetoquinol, and Virbac, each employing diverse strategies to expand their market presence. These strategies involve introducing innovative products and forming strategic partnerships to meet evolving customer needs.
The global animal parasiticides market report provides a detailed analysis of the market. It focuses on key aspects, including leading companies, products, animals, route of administration, and distribution channels. Besides this, it offers insights into the market trends, the impact of, and the prevalence of key diseases. In addition to the factors mentioned above, the report encompasses several factors that have contributed to the market's growth over recent years.
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ATTRIBUTE |
DETAILS |
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Study Period |
2021-2034 |
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Base Year |
2025 |
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Forecast Period |
2026-2034 |
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Historical Period |
2021-2024 |
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Growth Rate |
CAGR of 6.99% from 2026 to 2034 |
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Unit |
Value (USD Billion) |
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Segmentation |
Pruodct, Animal Type, Route of Administration, Distribution Channel, and Region |
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By Product |
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By Animal Type |
Companion
Livestock
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By Route of Administration |
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By Distribution Channel |
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By Region |
North America (By Product, By Animal Type, By Route of Administration, By Distribution Channel, By Country/ Sub-Region)
Europe (By Product, By Animal Type, By Route of Administration, By Distribution Channel, By Country/ Sub-Region)
Asia Pacific (By Product, By Animal Type, By Route of Administration, By Distribution Channel, By Country/ Sub-Region)
Latin America (By Product, By Animal Type, By Route of Administration, By Distribution Channel, By Country/ Sub-Region)
Middle East & Africa (By Product, By Animal Type, By Route of Administration, By Distribution Channel, By Country/ Sub-Region)
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Fortune Business Insights says that the market is projected to reach USD 23.73 billion by 2034.
In 2025, the market stood at USD 12.96 billion.
By registering a CAGR of 6.99%, the market is expected to exhibit steady growth during the forecast period (2026-2034).
By product, the endoparasiticides segment led the market.
The rising prevalence of key veterinary diseases and the increase in pet ownership are expected to drive market growth.
Zoetis, Elanco, Inc., and Merck Animal Health are the top players in the market.
North America held the largest share of the market.
Increased prevalence of parasitic infections would drive the adoption of animal parasiticides.
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