What is Global Internal and External Deworming Medicine for Pets Market?
The Global Internal and External Deworming Medicine for Pets Market is a specialized segment within the broader pet healthcare industry, focusing on products designed to eliminate parasitic worms in pets. These medicines are crucial for maintaining the health and well-being of pets, as parasitic infections can lead to severe health issues if left untreated. The market encompasses a variety of products that target both internal parasites, such as roundworms and tapeworms, and external parasites, like fleas and ticks. The demand for these products is driven by increasing pet ownership worldwide, heightened awareness of pet health, and the growing trend of treating pets as family members. Additionally, advancements in veterinary medicine and the development of more effective and safer deworming products have contributed to market growth. The market is characterized by a wide range of products, including liquids, powders, and tablets, catering to different pet species and sizes. As pet owners become more informed about the importance of regular deworming, the market is expected to continue expanding, offering new opportunities for manufacturers and retailers in the pet healthcare sector.
Liquid, Powder, Tablet, Others in the Global Internal and External Deworming Medicine for Pets Market:
In the Global Internal and External Deworming Medicine for Pets Market, products are available in various forms, including liquids, powders, tablets, and others, each offering unique benefits and catering to different preferences of pet owners. Liquid dewormers are often favored for their ease of administration, especially for pets that are difficult to medicate. They can be mixed with food or water, making them a convenient option for pet owners. Liquid formulations are typically fast-acting and are absorbed quickly into the pet's system, providing rapid relief from parasitic infections. Powders, on the other hand, offer versatility and can be easily mixed with pet food. They are particularly useful for treating larger groups of animals, such as in kennels or shelters, where dosing needs to be efficient and cost-effective. Powdered dewormers are also beneficial for pets that are sensitive to the taste or texture of liquid medications. Tablets are a popular choice due to their precise dosing and long shelf life. They are often flavored to make them more palatable for pets, ensuring compliance with treatment regimens. Tablets are also easy to store and transport, making them a practical option for pet owners who travel frequently with their pets. Other forms of deworming medicines include chewables and topical treatments. Chewables are designed to be tasty and appealing to pets, resembling treats rather than medication. This form is particularly advantageous for pets that are resistant to taking traditional pills. Topical treatments, applied directly to the skin, are effective for targeting external parasites like fleas and ticks. They offer a convenient, mess-free application and are ideal for pets that are difficult to medicate orally. Each form of deworming medicine has its own set of advantages, and the choice often depends on the specific needs of the pet and the preferences of the owner. The availability of multiple forms ensures that pet owners can find a suitable product that meets their requirements, contributing to the overall growth and diversity of the deworming medicine market.
Dog, Cat, Dird, Others in the Global Internal and External Deworming Medicine for Pets Market:
The usage of Global Internal and External Deworming Medicine for Pets Market varies across different types of pets, including dogs, cats, birds, and others, each with specific needs and treatment protocols. For dogs, deworming is an essential part of routine healthcare, as they are prone to a variety of internal and external parasites. Regular deworming helps prevent health issues such as digestive problems, weight loss, and anemia. Dog owners often use a combination of oral and topical treatments to ensure comprehensive protection against parasites. Cats, like dogs, are also susceptible to parasitic infections, and deworming is crucial for maintaining their health. Cats can be particularly sensitive to medications, so products designed specifically for feline use are preferred. These products are formulated to be gentle yet effective, ensuring the safety and well-being of cats. Birds, although less commonly associated with parasitic infections, can still benefit from deworming treatments, especially in aviaries or environments where they are in close contact with other birds. Deworming products for birds are typically administered in their drinking water or food, providing an easy and stress-free method of treatment. Other pets, such as rabbits, guinea pigs, and reptiles, may also require deworming, depending on their living conditions and exposure to parasites. The availability of species-specific deworming products ensures that all pets can receive the appropriate care and protection against parasites. The diverse range of products and treatment options available in the market allows pet owners to choose the most suitable deworming solution for their pets, ensuring their health and well-being.
Global Internal and External Deworming Medicine for Pets Market Outlook:
The global market for Internal and External Deworming Medicine for Pets was valued at $542 million in 2024 and is anticipated to grow to a revised size of $673 million by 2031, reflecting a compound annual growth rate (CAGR) of 3.2% during the forecast period. In the United Kingdom, annual spending on veterinary and other pet services has seen a significant increase, rising from £2.6 billion in 2015 to £4 billion in 2021, marking a 54% increase over six years. This trend highlights the growing importance of pet healthcare and the willingness of pet owners to invest in the well-being of their animals. According to Vetnosis, the global animal health industry was valued at $38.3 billion in 2021, representing a 12% increase. This growth underscores the expanding market for pet healthcare products, including deworming medicines. In China, the pet medical market was estimated to be worth approximately 67.5 billion yuan in 2022, accounting for about 22.5% of the entire pet industry. This data reflects the increasing demand for pet healthcare services and products in China, driven by rising pet ownership and a growing awareness of pet health. The market outlook for deworming medicines for pets is positive, with continued growth expected as pet owners prioritize the health and well-being of their animals.
Report Metric | Details |
Report Name | Internal and External Deworming Medicine for Pets Market |
Accounted market size in year | US$ 542 million |
Forecasted market size in 2031 | US$ 673 million |
CAGR | 3.2% |
Base Year | year |
Forecasted years | 2025 - 2031 |
Segment by Type |
|
Segment by Application |
|
Consumption by Region |
|
By Company | Bayer, Boehringer Ingelheim, Zoetis, Merck Animal Health, Elanco, Virbac, Vetoquinol |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |