Veterinary Parasiticides Market 2030: Battling Zoonotic Threats
The global veterinary parasiticides market was valued at USD 9.54 billion in 2023 and is projected to reach USD 16.63 billion by 2030, growing at a CAGR of 8.50% from 2024 to 2030. Several key factors are fueling this growth, including the increasing incidence of animal parasitic infections, the rising demand for pathogen-free meat, greater emphasis on regulated parasiticide usage, and the expanding rate of animal medicalization. In veterinary healthcare, parasiticides are routinely used to both prevent and treat a variety of parasites such as worms, fleas, and ticks. Their application extends beyond animal health, offering added benefits for human health by controlling diseases with zoonotic potential. The demand for parasiticides is growing across various animal species—cattle, poultry, swine, dogs, cats, and horses—primarily due to the increasing prevalence of parasitic infections in pets and livestock. This is contributing to higher use of products such as ectoparasiti...