Europe OTC Parasiticides Market Analysis

Animals (Dogs, Cats)

The Europe OTC parasiticides market is segmented and analyzed for demand and supply by animals into dogs, cats, and others. Out of the three types of animals, the dogs segment is anticipated to hold the largest market size of USD 286.02 million by the end of 2031 by growing at a CAGR of 6.47% over the forecast period. The segment garnered a revenue of USD 153.46 million in 2021. The growth of the segment can be attributed to the higher number of dogs present in Europe. With more than nearly 10 million dogs as pets, Germany had the greatest pet dog population in the EU in 2021. Spain came in second place with around 9 million dogs. There were roughly 660,000 and 610,000 dogs living in the populations of other nations, such as Greece and Denmark.

Product Type (Ectoparasiticides, Endoparasiticides, Endectocides)

The Europe OTC parasiticides market is also segmented and analyzed for demand and supply by product type into ectoparasiticides, endoparasiticides, and endectocides. Amongst these three segments, the ectoparasiticides segment is expected to garner a market revenue of USD 292.35 million at the end of 2031 by growing at a CAGR of 6.33% over the projected time frame. The segment generated a revenue of USD 158.97 million by 2021. Ectoparasiticides are used to control ticks, mites, flies, and fleas. The medicines for flea and tick infestation are readily available in pharmacies and supermarkets, pet owners can access the medicines without any mandatory prescription from a doctor. flea and tick infestation in dogs and cats is a serious health issue. Moreover, they can occur on healthy animals and they usually attack the injured area of the animal. Therefore, segment growth can be expected on the account of the rising number of dogs that are injured in conflict with other animals, injuries caused by a natural disaster, or accidental injuries. On European roadways, an estimated 29 million animals and 194 million birds per year are thought to be killed. Furthermore, ectoparasiticides is further categorized into pour on, spot on, sprays, and others.

Our in-depth analysis of the global market includes the following segments: