Global Flea and Tick Product Market Overview:
Flea and tick are not only a pesky infestation for dogs and home, but they can also cause some serious health problems, like dermatitis, anemia, and even tapeworm, so it's important to keep the pet safe from these invasive bugs. Increasing awareness regarding pet health has projected the growth of the global flea and tick market.
- Increasing Pet Ownership
- Government Initiatives Aimed at Increasing Awareness Pertinent to Prevention of Flea and Tick Product
- Rising Awareness Regarding Petcare
- High Cost of Associated with Products
- Increasing Demand for Flea and Tick Product in European Region
- Adverse Reaction in Animals after its Usage could be a Probable Hurdle
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Merck & Co., Inc. (United States), Virbac (France), Ceva (United Kingdom), Bayer (Germany), PetIQ (United States), Hartz (United States), Ecto Development (United States), Merial (France) and Eli Lily (United States). Analyst at AMA Research see European and United States Vendors to retain maximum share of Global Flea and Tick Product market by 2025. Considering Market by Distribution Channel, the sub-segment i.e. Vet Stores will boost the Flea and Tick Product market. Considering Market by Animal, the sub-segment i.e. Canine will boost the Flea and Tick Product market. Considering Market by End User, the sub-segment i.e. Veterinary Clinics will boost the Flea and Tick Product market.
On 29th April 2019, PetSmart Launches New Flea and Tick Application Program to Prevent Insect-Borne Diseases in Pets.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Flea and Tick Product market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Flea and Tick Product market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Flea and Tick Product Manufacturers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.