Global Flea and Tick Product Market: Overview
This report on the global flea and tick product market provides analysis for the period 2016–2026, wherein 2017 is the base year and the period from 2018 to 2026 is the forecast period. Data for 2016 has been included as historical information. The report covers market dynamics including drivers, restraints, opportunities, trends, policy and regulations, and technology advancement that are expected to influence the expansion of the flea and tick product market during the said period. The study provides a comprehensive analysis on market growth throughout the above forecast period in terms of value estimates (US$ Mn) across different geographies.
Global Flea and Tick Product Market: Trends and Opportunities
The global flea and tick market is expected to show significant growth rate during the forecast period due to product availability through different retail channels. Additionally, treating pets as family members has also resulted in awareness about their proper health among the population which is expected to create huge opportunity for the flea and tick product market across the world during the forecast period.
Increasing threat of parasite attacks and itching caused due to fleas and ticks has led to the demand for safe and effective care products. Consequently, the market for companion pet or animal medication has been witnessing lucrative growth prospects from the last decade. The availability of pet medication has led to the increase in cost of pet ownership, as consumers are demanding these products in order to keep their pets healthy. In terms of type, pet medication can be classified into prescription and non-prescription medication. Nonprescription medication is also known as over-the-counter (OTC) drugs.
Global Flea and Tick Product Market: Key Segments
The global flea and tick product market has been segmented on the basis of product type, method, pet type, and geography. The flea and tick product market is segmented by product type into chewable and spot on. On the basis of method, the market is segregated into internal and external. Based on pet type, the market is segmented into dog, cat and others Rising concerns about safety and wellbeing of the pets has resulted in rise in demand for flea and tick products globally which is expected to drive the market during the forecast period.
In terms of region, the report classifies the market into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America. Asia Pacific showed the fastest growth rate during the forecast period due to the rising adoption of Western lifestyle among the people in terms of keeping dogs as pets. Additionally, rising purchasing power has also resulted in the increase in awareness of health and hygiene of the pets, thus triggering the growth of the Asia Pacific flea and tick product market. The regions have been analyzed in terms of value in the flea and tick product market industry. Furthermore, region wise prominent countries covered in the report include the U.S, Canada, Germany, U.K., France, China, India, Japan, GCC, South Africa, and Brazil.
Global Flea and Tick Product Market: Scope of the Study
The report also includes key developments in the flea and tick product market. Porter’s Five Force analysis, which identifies bargaining power of suppliers, bargaining power of buyers, threat from new entrants, threat from substitutes, and degree of competition in the flea and tick product market industry, is also included in the report. Value chain analysis which shows work flow in the flea and tick product market and identifies raw material supplier service providers and distribution channels of this industry is also covered in the report. Segment trends and regional trends have also been highlighted. It also covers segment-wise incremental opportunity analysis. Furthermore, the report covers incremental opportunity analysis and identifies and compares segments’ attractiveness on the basis of CAGR and market share index across North America, Europe, Asia Pacific, Middle East & Africa, and South America. The same has also been provided for each segmentation category i.e. product type, method, and pet, in the scope of the study. The report also covers brand share analysis region-wise for flea and tick and heartworm products.
Global Flea and Tick Product Market: Competitive Landscape
The report also includes competition landscape, which includes competition matrix, market share analysis of major players in the global flea and tick product market based on their 2017 revenues, and profiles of major players. The competition matrix benchmarks leading players on the basis of their capabilities and potential to grow. Factors including market position, offerings, and R&D focus are attributed to companies’ capabilities. Factors including topline growth, market share, segment growth, infrastructure facilities, and future outlook are attributed to companies’ potential to grow. This section also identifies and includes various recent developments carried out by leading players in the flea and tick product market and major brands of players in the flea and tick product segment.
Company profiles of players operating in the flea and tick product market include company overview, major business strategies, and key developments. The companies profiled in the global flea and tick product market include Merck Animal Health (Merck & Co., Inc.) (U.S), Virbac Corporation (Carros, France), Ceva Sante Animale S.A. (Libourne, France), Bayer AG (Leverkusen, Germany), Sergeant’s Pet Care Products, Inc. (Omaha NewYork, U.S), The Hartz Mountain Corporation (New Jersey, U.S), Ecto Development Corporation (Blue Springs, Missouri U.S.), Wellmark International, Inc. (Naperville Illinois, U.S.), Merial Animal Health Limited (Ingelheim, Germany), and Eli Lilly and Company (Indianapolis, Indiana U.S.). The report also offers competitive landscape of the key players in the flea and tick product market.
The global flea and tick product market is segmented as below:
Global Flea and Tick Product Market, by Product Type
Global Flea and Tick Product Market, by Method
Global Flea and Tick Product Market, by Pet Type
Global Flea and Tick Product Market, by Geography
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