United States Companion Animal Internal Parasiticide Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 1.9 Billion by 2030, growing at a CAGR of 7.0% from 2024 to 2030.
The Companion Animal Internal Parasiticide Market has seen a significant rise in demand as pet owners become more conscious about their animals' health and wellbeing. With the increase in pet adoption across the United States, the need for effective internal parasite control has grown, driving growth in the market. Companion animal internal parasiticides are essential in managing and preventing internal parasites like worms, protozoa, and other microorganisms that can affect a pet’s digestive and overall health.
The market offers various types of internal parasiticides, including oral tablets, topical treatments, and injectable solutions. Among these, oral tablets dominate due to their ease of use and effectiveness. Topical treatments are also popular as they provide a more convenient option for pet owners who may struggle with administering pills. Injectable solutions, while less common, are sometimes used for long-term parasite control, especially in veterinary practices.
Pet owners are increasingly looking for products that not only eliminate parasites but also promote overall health in animals. This demand has led to the development of advanced parasiticides that offer broader spectrum protection against multiple types of internal parasites. Additionally, there is a growing preference for products that are easy to administer, safe, and cause minimal side effects, further propelling the market forward.
Industries such as veterinary clinics, pet stores, and online retailers play a crucial role in the distribution of companion animal internal parasiticides. Veterinary clinics are essential in educating pet owners about the risks associated with internal parasites and providing professional guidance on treatment options. Pet stores and e-commerce platforms also help cater to the growing number of pet owners who prefer purchasing these products for convenience.
As awareness of pet health continues to increase, the Companion Animal Internal Parasiticide Market is expected to expand, with new innovations in treatment formulations. In particular, products targeting specific parasites or those that can offer long-lasting protection without the need for frequent treatments are likely to capture significant market share.
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Boehringer Ingelheim
Zoetis
Merck
Elanco
Bayer
Virbac
Ceva Sante Animale
Vetoquinol
Bimeda Animal Health
Chanelle
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Companion Animal Internal Parasiticide Market
Oral Formulations
Injectable Formulations
Topical Solutions
Advanced Drug Delivery Systems
Dogs
Cats
Small Mammals (e.g. rabbits, guinea pigs)
Birds
Macrocyclic Lactones
Praziquantel
Fenbendazole
Febantel
Pyrantel Pamoate
Oral
Injectable
Topical
Transdermal
Veterinary Clinics
Online Retailers
Pet Stores
Pharmacies
Direct Sales to Pet Owners
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Companion Animal Internal Parasiticide Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Companion Animal Internal Parasiticide Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Companion Animal Internal Parasiticide Market, By Type
6. US Companion Animal Internal Parasiticide Market, By Application
7. US Companion Animal Internal Parasiticide Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Companion Animal Internal Parasiticide Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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