The tick-repellent market size is estimated to reach US$ 819.1 Million in 2022. With demand growing at a 5.5% CAGR over the projection period, the market valuation is anticipated to reach US$ 1.3 Billion by 2032. The share of tick repellent market is 2 to 5% in the global pet care market.
Businesses are working hard to make more things and offer a bigger variety of products because these items are becoming increasingly popular. Makers are making many safe and natural tick repellents for animals that work well.
Lemon eucalyptus oil, geranium oil and turmeric are common types of essential oils often used to make natural tick repellents. There are many recipes to keep ticks away that use essential oils and other natural things. For example, trees from Australia called eucalyptus naturally make a thing known as eucalyptus. This can help keep ticks away. Both the CDC and EPA suggest using lemon eucalyptus oil as a natural way to keep ticks away.
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Growing consumer awareness regarding the benefits of tick repellents is driving the market. Increasing demand for natural and herb-based tick repellents in urban areas is expected to boost demand in the forthcoming years.
Furthermore, government agencies have taken qualitative measures to protect against these diseases by encouraging the use of tick-repellent products such as sprays, which will continue augmenting the growth in the market over the forecast period.
“Increasing adoption of tick repellent products for the prevention and treatment of tick-borne diseases in pet animals and potential risk of transmission in humans will fuel the growth in the market,” says an FMI analyst.
Key Takeaways:
- Dog segment is expected to hold a noteworthy revenue share of 42.7% in 2022.
- Based on method, sales of external tick repellents will remain high.
- In terms of product type, demand for chewable tick repellents will grow at a 6.4% CAGR over the forecast period.
- By sales channel, the online retailers segment will expand at a 9.2% CAGR over the assessment period.
- India will dominate the South Asia tick repellent market through 2032. Sales in the South Asia market are projected to grow at a 7.2% CAGR over the assessment period.
- The U.K. will account for 22.5% of the Europe tick repellent market share over the forecast period.
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Competitive Landscape
Leading manufacturers of tick repellent are focusing on aggressive promotional strategies, advertisements, and new product launches to improve sales. Key players are investing in mergers, acquisitions, and collaborations to expand their global presence.
Merck & Co., Inc., Zoetis Inc., Boehringer International GmbH, Bayer AG, Elanco Animal Health, Ceva Santé Animal, Perrigo Company plc., Central Garden & Pet Company, Virbac Corporation and The Hartz Mountain Corporation are some of the leading players operating in the market.
Global Tick Repellent Market by Category
By Product Type:
- Chewable
- Fluralaner
- Valerian
- Chamomile
- Others
- Spot On
- Methoprene
- Fipronil
- Moxidectin
- Others
By Pet Type:
- Dogs
- Cats
- Others (Birds, Horses, etc.)
By Method Type:
- Internal
- External
By Sales Channel:
- Modern Trade
- Convenience Stores
- Veterinary Clinics
- Online Retail
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- MEA
About Future Market Insights, Inc. (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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