Tick Repellent Market Research, 2031
The global tick repellent market size was valued at $13.73 billion in 2021, and is projected to reach $23.41 billion by 2031, growing at a CAGR of 5.5% from 2022 to 2031.
The tick repellent market is segmented into Type, Method, Application and Distribution Channel.
Ticks are arachnids that are 3 to 5 mm long external parasites which lives by feeding on the blood of the mammals such as humans and animals. Tick repellent is a popular pet care product that helps in preventing the growth of these ticks on the pets’ coat. Tick repellents kill the ticks and prevents the pets from various illnesses such as Tularemia, Powassan, Lyme, and Ehrlichiosis.
The most prevailed types of ticks includes American dog tick, lone star tick, blacklegged tick, brown dog tick, and various others that can cause severe health issues and diseases of both the pets and the pet owners. Therefore, the rising awareness among the pet owners regarding the ill-impacts of ticks and fleas on health is boosting the tick repellent market demand and the global tick repellent market growth.
The growth of the tick repellent industry is driven by the surging prevalence of ticks and flea borne diseases in animals. As per the data provided by the U.S. Centers for Disease Control and Prevention (CDC), the local and state health departments in U.S. reported around 50,865 cases of tick-borne diseases in 2019. These ticks and fleas are also harmful for the human health and hence the pet owners consider tick repellents as an essential product for their pets. Therefore, with the rising adoption of pets, rising trend of pet humanization, and growing expenditure on pet wellness, and rising health awareness regarding the harmful health effects of fleas and ticks are some of the prominent factors that are expected to boost the demand for the tick repellents in the foreseeable future.
The rising technological advancements and research and developmental activities has given rise to the development of various innovative chewable tick repellents that can quickly kill the ticks and fleas. For instance, the Credelio Cat, launched by Elanco Animal Health Incorporation in May 2021, which is the first-ever chewable tick repellent for cats that can kill the ticks in 6 hours. Furthermore, the rising adoption of the organic tick repellents is expected to gain a rapid traction among the pet owners. The rising awareness regarding the harmful effects of chemical based tick repellents on the pets’ health and increased awareness regarding sustainability and environment safety is driving the demand for the organic tick repellents in the developed markets like North America and Europe. According to the Organic Trade Association, in 2020, U.S. had witnessed an all-time high sales of organic food and non-food products.
According to the tick repellent market analysis, the market is segmented based on the type, method, application, distribution channel, and region. Based on the type chewable and spot on. The chewable segment is further categorized into fluranaler, valerian, chamomile, and others. The spot on segment is divided into fipronil, methoprene, moxidectine, and others.
Further, on the basis of method, the market is segregated into external and internal. Based on the application, the tick repellent market is segmented into dogs, cats, and others. Depending on the distribution channel, the market is divided into modern trade, veterinary clinics, convenience stores, and online sales. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East, and Africa).
As per the tick repellent market forecast, by type, the spot on segment accounted for 63.4% of the tick repellent market share in 2021 and is expected to retain its dominance during the forecast period. . This growth is attributed to the increased adoption of over the counter tick repellent spot on products among the pet owners owing to its easy availability and easy to use feature. The availability of wider range of products and brands depending on the types of pets, has attracted a large customer base across the globe who have different pets and different requirements.
As per the tick repellent market trends, based on method, the internal is expected to be the fastest-growing segment. This is attributed to the rising awareness regarding the higher efficacy and effectiveness of the external tick repellents in treating and preventing the ticks and fleas. As per the study published in Veterinary Parasitology (a ninety day study), the oral medications were 99.9% effective in repelling ticks among the dogs.
Depending on the application, the dogs segment dominated the market in 2021. This is attributable to the higher number of pet dogs across the globe and the increased vulnerability of dogs to the ticks and fleas. According to the latest data from European Pet Food Industry Federation (FEDAIF), in 2021, there were 92 million dogs as pet in Europe and according to the survey of the American Pet Products Association (APPA) in 2021, around 69 million households in America have dogs as their pet.
On the basis of distribution channel, the online sales is expected to be the fastest-growing segment owing to the rising adoption of the smartphones, growing penetration of internet, rising popularity of online retailers, and rise in the penetration of the subscription based pet product suppliers like Kong Box. The ease and conveniences associated with these subscription boxes is expected to boost the growth of this segment. Furthermore, according to the International telecommunication Union (ITU), at the end of 2021, around 4.9 billion global population had access to the internet and this number is rising rapidly.
Region-wise, North America dominated the market in 2021. This growth is majorly driven by the higher pet adoption in U.S. and increased expenditure on pets in the region. According to American Pet Product Association (APPA), in the year 2021, around $123.6 billion was spent on pets in U.S., out of which around $29.8 billion were used in the supplies and OTC medicines.
The players operating in the global tick repellent industry have adopted various developmental strategies to expand their market share, exploit the tick repellent market opportunity, and increase profitability in the market. The key players profiled in this report include Bayer Aktiengesellschaft, Beaphar B.V., Boehringer Ingelheim International GmbH , Central Garden & pet company., Ceva Santé Animale, EBOS Group Limited, Mars, Incorporated, Merck & Co. Inc. , Perrigo Company plc, PetEdge, Petlife International, Ltd. . Sergeant’s Pet Care Products, Inc., The Hartz Mountain Corporation, Virbac, and Zoetis, Inc.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the tick repellent market size, segments, current trends, estimations, and dynamics of the tick repellent market analysis from 2021 to 2031 to identify the prevailing tick repellent market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the tick repellent market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global tick repellent market trends, key players, market segments, application areas, and market growth strategies.
Tick Repellent Market Report Highlights
By Distribution Channel
Key Market Players
petedge, perrigo company plc, virbac, Ceva Sante Animale, Petlife International Ltd., Merck & Co. Inc., Central Garden & Pet Company, beaphar b.v., Zoetis Inc, ebos group limited, The Hartz Mountain Corporation, Sergeants Pet care Products, Inc., Bayer AG, Elanco Animal Health Incorporated, Boehringer Ingelheim International GmbH
Based on the insights of the CXOs, the demand for the tick repellents is expected to be driven by the innovations and new product launches by the key players in the market. For instance, Elanco Animal Health Incorporated launched ZoaShield in the U.S., providing poultry farmers with a proven and flexible zoalene solution that can manage coccidiosis in a simple and manageable way. Moreover, the US based company Ecobuggy launches new tick repellent named as breakthrough natural, which is 100% plant-based mosquito tick repellent. Therefore, with the rising population of ticks and fleas in the major markets, and surging awareness regarding the effective and harmless tick repellent products is anticipated to boost the growth of the global tick repellent market.
Similarly, the product quality and safety is becoming a major concern for both the manufacturers and the consumers. The government in the developed nations like U.S., directly monitors the safety and quality of products on the pets’ health. For instance, In March 2021, USA Today reported that by June 2020, more than 75,000 incidents, which the Environmental Protection Agency (EPA) called the unexpected effects of pesticide use, had occurred and were related to Seresto Collar. About 1,700 pets have died. Since the publication of USA Today's report, the number reported has grown to more than 98,000 incidents and 2,500 pet deaths. Therefore, ensuring product quality and safety of the pets will play a crucial role in the growth of the tick repellent market in the forthcoming years.