[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

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