Bovine Parasiticide Market to Reach USD 3.45 Billion by 2031 Amid Rising Resistance Concerns and Sustainable Treatment Demand

[Dallas, May 17th, 2025] – The global Bovine Parasiticide Market, currently valued at USD 2.36 billion, is projected to grow to USD 3.45 billion by 2031, expanding at a CAGR of 5.5%, according to Clearview Market Insights. This growth is driven by increased awareness of resistance management, climate-related parasite prevalence, and the demand for zero-residue parasite control.

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2024 Industry Milestones

Breakthrough in Long-Acting Injectable Parasiticides

  • Boehringer has launched a 150-day parasite control formulation in the U.S. and Brazil.
  • Virbac introduces dual-action pour-on targeting lice and horn flies.

Data-Driven Deworming Becomes Mainstream

  • EU mandates fecal egg count protocols before dewormer use.
  • Mobile apps for parasite management launched by startups in Australia and Canada.

Shift to Organic and Botanical Alternatives

  • Neem and garlic-based dewormers gain approval in three new countries.
  • Asia sees a 20% rise in natural parasiticide sales among organic dairies.

Executive Insights

"Parasite control must now be precise, strategic, and sustainable. Over-reliance on single molecules has created resistance that hurts both animals and farmers," said Dr. Mateo Lindström, Parasitology Lead, Clearview Market Insights.

"We're witnessing a global shift toward diagnostics-led deworming and integration of botanical solutions. This hybrid model ensures control without compromising sustainability," added Sofia Wong, Director of Livestock Strategy, Virbac.

Roadmap to 2031

  • 2025: Prescription-only dewormers implemented across 40+ countries
  • 2026: Combination parasiticides dominate new product launches
  • 2028: Natural parasiticides achieve 25% market share in EU organic dairy farms
  • 2030: Parasite diagnostics integrated into herd management platforms
  • 2031: Resistance surveillance tools adopted in 70% of commercial dairy operations

 

 

For more insights, visit https://clearviewmarketinsights.com/

 

About Clearview Market Insights:

Clearview Market Insights is a leading market research and consulting firm providing in-depth industry analysis and strategic recommendations for businesses worldwide.

 

Media contact:

Bhavani K

Marketing and Sales Head

ClearView Market Insights

Mail: sales@clearviewmarketinsights.com

Phone: +1 917-993-7369

 

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