A significant rise in the prevalence of flea- and tick-borne diseases in animals has been observed in recent years. The ectoparasites not only cause skin allergies and infections, but also transmit several diseases, such as bubonic plague, murine typhus, ehrlichiosis, rocky mountain spotted fever, Lyme disease, tularemia, tungiasis, and anaplasmosis.
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According to the Centers for Disease Control and Prevention, during 2004-2016, diseases caused by tick and flea bites tripled in the United States, and more than 640,000 cases were reported. The report stated that 96,075 disease cases were reported in 2016, of which, 26,203 were of Lyme disease alone, while the total number was near 55,000 in 2015. As per a study published in the journal ‘Elsevier’, in April 2018, around 80% of fleas collected from cats contained at least one organism that induces illness in cats or even human beings.
Hence, the increase in the number of pets getting infected by a variety of flea- and tick-borne diseases and the consequent necessity of them being treated are expected to contribute to the growth of the market studied.
In addition to the aforementioned factors, the increase in awareness about pets’ health, various zoonotic diseases caused by flea and tick bites, and product innovation, are expected to propel the market studied, over the forecast period.
Scope of the Report
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.
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Key Market Trends
Spot-On Products are Expected to Grow With High CAGR Over the Forecast Period
Spot on is the liquid insecticide available in a small tube. The product is applied directly to the skin, usually over the shoulder blades or down the back.
The active ingredients may include deltamethrin, dinotefuran, fipronil, imidacloprid, indoxacarb, permethrin, pyriproxyfen, and selamectin. They may vary depending upon the brand.
The products contain neurotoxins that are specific to adult parasites. Some products also contain ingredients to prevent larvae from developing. The oily liquid, in which the medication is dissolved, helps spread the product over the surface of the skin, onto the sebaceous glands. The products can potentially kill and repel parasites.
Generally, the price of the spot-on flea and tick products range from USD 20 to USD 500. Spot on flea and tick products can be of many types, based on the size, weight, species, and age of animals.
The key global players, who manufacture spot-on flea and tick products, include Bayer and Merial, among others. The popular brand names include K9 Advantix, Advatage, Frontline, Activyl, Only Natural Pet, Parastar, Revolution, Vectra, etc.
The field of flea and tick products has been observing many significant developments, across the world. For example, in March 2018, Ceva Animal Health launched a new spot-on product called Duoflect, which contains a new formulation of fipronil and (s)-methoprene. The product offers 100% longer duration of action against fleas in cats (eight weeks), and 13% longer duration in dogs (nine weeks), than that of the fipronil combination.
United States to Dominate the North America Region
Increasing adoption rates of companion animals, growing disposable income, and rising per capita animal healthcare expenditure are the factors contributing to the major market share of the US flea and tick products market.
According to the Parasite Prevalence Map published by Pets and Parasites, the prevalence of anaplasmosis, ehrlichiosis, and Lyme disease in the United States, in 2017, was estimated to be 3.85%, 3.04%, and 6.27%, respectively. According to the Centers for Disease Control and Prevention, during 2004-2016, seven new germs, spreading through the bite of an infected tick, were discovered in the United States alone, which also had the ability to infect people and cause zoonotic diseases.
Additional capacities at the state and local levels are required, in order to reduce the propagation of these diseases and respond to outbreaks effectively, by tracking, diagnosing, and reporting cases, controlling mosquitoes and ticks, and preventing new infections. In addition, growing awareness about pet health among pet owners and the rise in product innovation, such as new formula launches, are some other major factors driving the growth of the US flea and tick products market.
The market for Flea and Tick products is moderately competitive and includes global as well as local players. With the rising focus on veterinary health, it is expected that in the coming future, the number of companies will be involved in the provision of veterinary products. This will result in increased competition.
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Top Companies in the Global Market:
– Bayer AG
– Ecto Development Corporation
– Intervet Inc.
– Boehringer Ingelheim
– Sergeant’s Pet Care Products Inc.
– The Hartz Mountain Corporation
– Wellmark International
Table of Contents:
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Rise in Prevalence of Flea- and Tick-transmitted Diseases in Pets
4.2.2 Growth in Awareness about Zoonotic Diseases
4.2.3 Product Innovation
4.3 Market Restraints
4.3.1 Side Effects Associated with the Treatment
4.3.2 Availability of Counterfeit Pesticide Products for Pets
4.4 Porter’s Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 By Product
5.1.1 Oral Pill
5.1.3 Spot On
5.1.7 Other Products (Injection, Drops, and Dips)
5.2 By Animal
5.2.3 Other Animals (Mice, Rabbits, etc.)
5.3.1 North America
18.104.22.168 Rest of Europe
5.3.3 Asia Pacific
22.214.171.124 South Korea
126.96.36.199 Rest of Asia-Pacific
5.3.4 Middle East and Africa
188.8.131.52 South Africa
184.108.40.206 Rest of Middle East and Africa
5.3.5 South America
220.127.116.11 Rest of South America
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Bayer AG
6.1.3 Ecto Development Corporation
6.1.5 Intervet Inc.
6.1.6 Boehringer Ingelheim
6.1.7 Sergeant’s Pet Care Products Inc.
6.1.8 The Hartz Mountain Corporation
6.1.10 Wellmark International
7 MARKET OPPORTUNITIES AND FUTURE TRENDS