Global Animal Parasiticides Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Ectoparasiticides, Endoparasiticides, and Endectocides

By Animal Type;

Food-Producing Animals and Companion Animals

By Drug Class;

Chemical Synthetic, Macrocyclic Lactones, Pyrethroids, Organophosphates, Benzimidazoles, and Others

By End Use;

Veterinary Hospitals and Clinics, Animal Farms, and Home Care Settings

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn549886478 Published Date: May, 2025 Updated Date: June, 2025

Animal Parasiticides Market Overview

Animal Parasiticides Market (USD Million)

Animal Parasiticides Market was valued at USD 8,419.64 million in the year 2024. The size of this market is expected to increase to USD 11,612.35 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.7%.


Global Animal Parasiticides Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 4.7 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.7 %
Market Size (2024)USD 8,419.64 Million
Market Size (2031)USD 11,612.35 Million
Market ConcentrationHigh
Report Pages354
8,419.64
2024
11,612.35
2031

Major Players

  • Bayer AG
  • Boehringer Ingelheim
  • ELI Lilly and Company
  • Merck & Co. Inc.
  • Sanofi
  • Zoetis Inc.
  • Ceva Sante Animale
  • Virbac
  • Perrigo Company PLC
  • Vetoquinol S.A.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Animal Parasiticides Market

Fragmented - Highly competitive market without dominant players


The Animal Parasiticides Market is growing steadily, driven by the increasing incidence of parasitic infections in both livestock and companion animals. The rising demand for effective veterinary care has significantly enhanced the use of parasiticides. With over 60% of animals affected by parasites, the importance of parasiticides in safeguarding animal health has become more prominent.

Growth Catalysts
Key factors supporting market growth include the higher consumption of meat and dairy products, rising awareness around animal productivity, and advancements in drug formulations. Approximately 45% of livestock owners now routinely administer parasiticides to improve herd health and reduce productivity losses, illustrating the growing reliance on these solutions.

Veterinary Healthcare Adoption
The integration of parasiticides into routine veterinary practices is becoming more prevalent. Clinics and farms now regularly use broad-spectrum parasiticides, contributing to a 50% increase in veterinary administration rates. The growing emphasis on preventive healthcare protocols and the convenience of tailored treatments are further fueling this trend.

Technological Advancements
Continuous innovation has resulted in next-generation parasiticides that offer enhanced spectrum and efficacy. Over 30% of newly launched solutions target multiple parasite types, boosting their appeal among veterinarians and end-users. Investment in sustained-release technologies and improved safety profiles is also shaping the competitive landscape.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Animal Type
    3. Market Snapshot, By Drug Class
    4. Market Snapshot, By End Use
    5. Market Snapshot, By Region
  4. Animal Parasiticides Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Pet Population
        2. Rising Awareness about Zoonotic Diseases
        3. Increase in Livestock Production
        4. Government Initiatives and Regulations
        5. Growing Concerns about Antiparasitic Resistance
      2. Restraints
        1. Stringent Regulatory Compliance Constraints

        2. Development of Drug Resistance

        3. Rising Environmental Impact Concerns

      3. Opportunities
        1. Growing Pet Ownership
        2. Rising Awareness about Zoonotic Diseases
        3. Expansion of Livestock Industry
        4. Advancements in Formulations
        5. Increase in Companion Animal Parasiticides
        6. Focus on Sustainable Solutions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Animal Parasiticides Market , By Product Type, 2021 - 2031 (USD Million)
      1. Ectoparasiticides
      2. Endoparasiticides
      3. Endectocides
    2. Animal Parasiticides Market , By Animal Type, 2021 - 2031 (USD Million)
      1. Food-Producing Animals
      2. Companion Animals
    3. Animal Parasiticides Market , By Drug Class, 2021 - 2031 (USD Million)
      1. Chemical synthetic
      2. Macrocyclic lactones
      3. Pyrethroids
      4. Organophosphates
      5. Benzimidazoles
      6. Others
    4. Animal Parasiticides Market , By End Use, 2021 - 2031 (USD Million)
      1. Veterinary Hospitals and Clinics
      2. Animal Farms
      3. Home Care Settings
    5. Animal Parasiticides Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Bayer AG
      2. Boehringer Ingelheim
      3. ELI Lilly and Company
      4. Merck & Co. Inc.
      5. Sanofi
      6. Zoetis Inc.
      7. Ceva Sante Animale
      8. Virbac
      9. Perrigo Company PLC
      10. Vetoquinol S.A.
  7. Analyst Views
  8. Future Outlook of the Market